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We look at the latest World Series odds.
Pictured: New York Yankees pitcher Gerrit Cole pauses before taking the mound against the Minnesota Twins. Photo by Dave Nelson via Imagn Images.

The Los Angeles Dodgers remain in a tier by themselves in the World Series odds after flexing their muscle throughout the offseason.

The Dodgers added several talented players to a roster that was already brimming with star power. Los Angeles is the massive favorite to repeat as the World Series champion as a result, with the already injury-plagued New York Yankees notably behind by the odds in second.

Elsewhere in the AL, the Red Sox recently bolstered their roster by signing Alex Bregman, and they could challenge for the AL East crown following the most recent blow to the Yankees' pitching staff.

The regular season is nearly here, so let's look at the latest World Series odds.

๐Ÿ“Š World Series odds 2025

The World Series odds are from our best MLB betting sites and are subject to change.

Here are some quick takeaways:

  • There's unsurprisingly a significant gap between the Dodgers and the rest of the field. That gap is even bigger now with the news that Gerrit Cole will be sidelined for the season
  • Here's what Halvor Egeland, trading strategy manager of BetMGM, said of the Yankees' outlook following the Cole injury: โ€œStarting pitching was supposed to be a strength of the Yankees. Losing Gerrit Cole for the season is a major setback and now the American League is more wide open. However, New York is still the favorite to win the AL.โ€
  • The top-heavy odds feature just three teams receiving a price of +1000 or shorter
  • The Dodgers boast two front-runners in the MLB MVP odds, including favorite Shohei Ohtani, who will return to the mound this season

World Series favorites 2025

๐Ÿ‘‘ Dodgers World Series odds (+290)

The Dodgers headline the World Series odds.
Pictured: Los Angeles Dodgers outfielder Teoscar Hernandez celebrates after hitting a single during the ninth inning against the New York Yankees. Photo by Brad Penner via Imagn Images.

The Dodgers captured the last World Series with half a starting rotation. Now, they've signed a budding star in Sasaki and two-time Cy Young winner Blake Snell to add to a group of studs set to return from various injuries. Tyler Glasnow, Shohei Ohtani, Yoshinobu Yamamoto, Roki Sasaki, and Snell form the Dodgers' projected starting rotation and make up the best No. 1 through 5 in all of baseball.

However, a team hasn't repeated as the World Series champion since the Yankees did so in 1999 and 2000 (after winning in 1998, too). Can Los Angeles accomplish what no other club has managed to do in this millennium?

And though the Dodgers didn't land Soto, their offense remains strong after bringing back Teoscar Hernandez and adding Michael Conforto and Hyeseong Kim.

This could be a dynasty in the making with Mookie Betts, Freddie Freeman, Ohtani, and Sasaki all together for the next few years at least. In other words, yes, the Dodgers can absolutely repeat.

The Dodgers are getting 40.4% of the handle at BetMGM and 18% of the tickets.

Best odds: +290 via DraftKings | Implied probability: 25.64%

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๐Ÿค• Yankees World Series odds (+900)

Spring training hasn't gone particularly well for the defending AL champs. Giancarlo Stanton is dealing with an elbow issue (what else is new), Luis Gil has a strained lat, and now Cole is done for the season.

The 27-time World Series champions had a productive offseason, adding Cody Bellinger, Devin Williams, Max Fried, and Paul Goldschmidt. But this has to be a massive hit to their morale.

The Bronx Bombers are dead-set on getting back to the World Series as they pursue their first pennant since 2009.

FanDuel carries the most favorable line on the Yankees to win the 2025 World Series at +900. That number comes with an implied probability of 10%.

Best odds: +900 via FanDuel | Implied probability: 10%

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My World Series contender to watch

๐Ÿ‘€ Mets World Series odds (+1200)

The Mets went on an incredible second-half run during the 2024 campaign and looked like they were maybe one or two significant pieces away from being true contenders. Well, there was no piece larger than Soto this offseason.

One of baseball's best hitters (arguably the best) joins a lineup featuring perennial NL MVP contender Francisco Lindor and rising star Mark Vientos to form a terrifying top of the order. And now it's officially a quartet after New York brought back Alonso.

The Mets still need to show me something before I consider the club a real challenger to the Dodgers, but they remain in the mix.

Best odds: +1200 via BetMGM | Implied probability: 7.69%

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๐Ÿ—  Opening World Series odds

  • Dodgers: +400
  • Braves: +800
  • Yankees: +800
  • Orioles: +1100
  • Phillies: +1100
  • Padres: +1300
  • Astros: +1400
  • Mets: +1400
  • Mariners: +2500
  • Rangers: +2500
  • Guardians: +2800
  • Diamondbacks: +3000
  • Cubs: +3000
  • Royals: +3000
  • Twins: +3000
  • Brewers: +3500
  • Red Sox: +4000
  • Reds: +4000
  • Tigers: +4000
  • Rays: +4000
  • Giants: +6000
  • Cardinals: +6000
  • Blue Jays: +6000
  • Pirates: +10000
  • Nationals: +15000
  • Athletics: +20000
  • Angels: +25000
  • White Sox: +50000
  • Rockies: +50000
  • Marlins: +50000

๐Ÿ“– 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.

๐Ÿ”‘ 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.

๐Ÿ’ก 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.

๐Ÿ“œ World Series odds history

YearTeamPreseason oddsRunner-up
2024Dodgers+800Yankees
2023Rangers+5000Diamondbacks
2022Astros+1000Phillies
2021Braves+1000Astros
2020Dodgers+385Rays
2019Nationals+1600Astros
2018Red Sox+1150Dodgers
2017Astros+1200Dodgers
2016Cubs+660Guardians
2015Royals+3300Mets

โ“ World Series FAQs

Who is the World Series favorite?

The Los Angeles Dodgers are the 2025 World Series favorites with odds of +290 through DraftKings. Those odds suggest a 25.64% 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

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