World Series Odds & Favorites 2025: Dodgers Favored to Repeat as Champions
According to the 2025 World Series odds, the Los Angeles Dodgers are the early favorites to repeat as champions.
Los Angeles won its first title since 2020 by defeating the New York Yankees 4-1 in the 2024 Fall Classic. L.A. jumped out to an early 3-0 series lead and closed it out in five games, partly due to the outstanding play of World Series MVP odds winner Freddie Freeman.
Freeman's series was historical. In Game 1 he hit the first walk-off grand slam in World Series history. In Game 4, when he went yard in the opening frame, he became the first player to go deep in each of the first four games of the Fall Classic.
While it dates back to different laundry, he also set a record with six-straight World Series game with a home run, the first two of which came in 2021 when he was a member of the Atlanta Braves.
Speaking of the Braves, they have the second-shortest odds to win it all next season, tied with the runner-up Yankees.
World Series odds 2025
World Series odds as of Oct. 31. Odds subject to change.
| Odds (BetMGM) | Implied probability | Profit ($10 bet) | |
|---|---|---|---|
| Dodgers | +400 | 20% | $40 |
| Braves | +800 | 11.11% | $80 |
| Yankees | +800 | 11.11% | $80 |
| Orioles | +1100 | 8.33% | $110 |
| Phillies | +1100 | 8.33% | $110 |
| Padres | +1300 | 7.14% | $130 |
| Astros | +1400 | 6.67% | $140 |
| Mets | +1400 | 6.67% | $140 |
| Mariners | +2500 | 3.85% | $250 |
| Rangers | +2500 | 3.85% | $250 |
World Series favorite 2025
Dodgers (+400)
The Dodgers just captured the 2024 World Series with half a starting rotation, so how the heck could we not feature them as the 2025 favorite? Especially when there are rumors they're interested in signing Juan Soto in the offseason.
So yes, with this core intact and the hopeful returns of Tyler Glasnow, Dustin May, Clayton Kershaw, and Tony Gonsolin - as well as Bobby Miller if he remembers how to pitch - the Dodgers should absolutely be trading at this price ahead of an offseason during which one can only assume they'll only add more talent.
Now, I'll only say that other teams will improve, too, which will naturally affect the entire oddsboard and potentially lengthen the Dodgers' odds. That's why I'd like to wait until closer to the 2025 season to make a World Series bet, but I certainly won't blame you if you decide to pounce on this number.
Can Dodgers repeat?
A team hasn't repeated as World Series champions since the Yankees did so in 1999 and 2000 (after winning in 1998, too). So, can Los Angeles do what no other team has managed to solely in this millennium?
As previously mentioned, the Dodgers played this entire postseason with essentially an entire rotation on the injured list. With many of those players expected to return close to or for the start of the 2025 regular season, Los Angeles' pitching should feature none of the question marks it did entering this year's World Series.
Additionally, as we saw in the Juan Soto next team odds, the Dodgers are among the perceived contenders to sign one of baseball's best players. That's important for two reasons. First, the obvious one is that if the Dodgers land Soto, what the heck are we even doing playing out the season? Just let them keep the Commissioner's Trophy.
But, even if the Dodgers don't land Soto, the fact that they're reportedly in the mix is a good sign that they're willing to add to the lineup during the offseason.
This could be a dynasty in the making with Shohei Ohtani, Mookie Betts, and Freeman all together for the next few years at least. So yes, the Dodgers can absolutely repeat.
Best odds: +450 via Caesars | Implied probability: 18.18%
My World Series contender to watch
Padres (+1300)
I'm going with the same team I backed for much of the second half of this season, and the team that gave the Dodgers the greatest challenge during the playoffs.
The Padres were built for the postseason this year, and they might have gone all the way had they not forgotten how to hit in the NLDS.
San Diego features some key players who are set to become free agents, but the Padres should have no problem re-signing or replacing those players.
The Padres' rotation and bullpen is still loaded with talent, and they have a few interesting prospects they can call up, too.
Best odds: +1800 via Caesars | Implied probability: 5.26%
How to read World Series futures
Every team is given World Series odds that shift throughout the season. Many factors can influence the movement of those numbers. A team's play is the most obvious, but injuries and transactions also contribute.
The top teams on the World Series futures oddsboard are deemed the most likely to win, with the opposite true for the bottom clubs. Bettors lock in wagers at current odds, and winning bets are paid out at the end of the season.
For example, a $10 bet at +1500 odds would pay out $150.
World Series spreads explained
Bettors can wager on the run line in each World Series game, just as they can throughout the regular season. For example, if one team is favored by -1.5 runs, that club needs to win by at least two runs for the wager to cash.
World Series moneyline odds explained
Teams involved in the World Series will get moneyline odds for both each game, and the series as a whole. The odds indicate which team is favored to win.
For example, if a team is a -120 favorite, that translates to a 54.6% probability of winning, and a $10 wager on that line would result in $8.33 in profit. Meanwhile, an underdog getting +115 odds is receiving a 46.5% chance to win, and the same wager would lead to an $11.50 win.
Teams with the most World Series titles
| Team | World Series titles | Most recent championship |
|---|---|---|
| Yankees | 27 | 2009 |
| Cardinals | 11 | 2011 |
| Athletics | 9 | 1989 |
| Red Sox | 9 | 2018 |
| Giants | 8 | 2014 |
| Dodgers | 8 | 2024 |
| Reds | 5 | 1990 |
| Pirates | 5 | 1979 |
| Tigers | 4 | 1984 |
| Braves | 4 | 2021 |
Past World Series winners
| Year | Team | Preseason odds | Runner-up |
|---|---|---|---|
| 2024 | Dodgers | +800 | Yankees |
| 2023 | Rangers | +5000 | Diamondbacks |
| 2022 | Astros | +1000 | Phillies |
| 2021 | Braves | +1000 | Astros |
| 2020 | Dodgers | +385 | Rays |
| 2019 | Nationals | +1600 | Astros |
| 2018 | Red Sox | +1150 | Dodgers |
| 2017 | Astros | +1200 | Dodgers |
| 2016 | Cubs | +660 | Guardians |
| 2015 | Royals | +3300 | Mets |
World Series FAQs
Who is the World Series favorite?
The Los Angles Dodgers are the 2025 World Series favorites with odds of +400 through BetMGM. Those odds suggest an 20% chance to win it all.
Who won the World Series last year?
The Los Angeles Dodgers beat the New York Yankees in five games to win the 2024 World Series.
When was the last time the World Series was won back-to-back?
The New York Yankees were the last team to win the World Series in back-to-back years when they won three straight championships from 1998-2000.
What percentage of Game 1 winners win the World Series?
According to Sports Insider, the team that wins the first game of the World Series wins the series 64.6% of the time.
When will the World Series be decided?
The 2025 World Series will begin in late October and conclude by early November. The 2024 Fall Classic finished on Oct. 30 (five games).
How to watch the World Series
The World Series is broadcast by FOX until 2028.
Who has won the most World Series?
The New York Yankees have won the most World Series, with 27. They've won the American League pennant 40 times.
What is the World Series trophy called?
The winners of the World Series are given the Commission's Trophy.
MLB betting odds pages
| World Series Odds | MLB MVP Odds | MLB Cy Young Award Odds |
| World Series MVP Odds | MLB Rookie of the Year Odds | MLB Win Totals |
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