World Series Odds & Favorites 2025: Yankees Climb Oddsboard After Latest Additions
The Los Angeles Dodgers remain early favorites to repeat as champions following their strong offseason, based on the 2025 World Series odds. However, the reigning American League champion New York Yankees are making a push at our best sportsbooks.
While the Yankees missed out on signing Juan Soto - who opted to sign with the New York Mets on a 15-year, $765-million deal - they've been active this offseason. New York has brought in a couple of key pieces that Brian Cashman and Co. hope will help the team's lengthy title drought.
The Mets remain involved in World Series conversations alongside the Atlanta Braves and Philadelphia Phillies. Four of the five teams with the shortest odds at our best MLB betting sites reside in the National League, which means the league's winner must go through a gauntlet to reach the Fall Classic.
The Baltimore Orioles, San Diego Padres, and Houston Astros are the other leading American League contenders.
World Series odds 2025
World Series odds subject to change.
World Series favorites 2025
Dodgers (+375)
The Dodgers just captured the 2024 World Series with half a starting rotation, and now they've signed left-hander Blake Snell to join a group of studs set to return from their various injuries. With Snell, Yoshinobu Yamamoto, Tyler Glasnow, and of course, Shohei Ohtani making up perhaps the best No 1. through 4 in all of baseball, the Dodgers are truly terrifying.
Los Angeles also brought back outfielder Teoscar Hernandez, who hit .272 with 33 home runs in 2024.
Can the 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). Can Los Angeles accomplish what no other club has managed to do solely in this millennium?
The Dodgers played this past entire postseason with essentially an entire rotation on the injured list. With many of those hurlers 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 the last World Series.
Even though the Dodgers didn't land Soto, they were reportedly in the mix. That's a good sign, as it shows they're willing to keep spending and add to the lineup.
This could be a dynasty in the making with Ohtani, Mookie Betts, and Freddie Freeman all together for the next few years at least. So yes, the Dodgers can absolutely repeat.
Best odds: +375 via BetRivers | Implied probability: 21.05%
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Yankees (+950)
Many fans in the Bronx were left feeling embarrassed after half of New York's superstar outfield duo jumped ship for Queens when Soto departed. However, the Yankees wasted no time reinvesting that money elsewhere.
New York has been busy througout the offseason. The 27-time World Series champions have already filled the gap next to Aaron Judge in the outfield after trading with the Chicago Cubs for Cody Bellinger. They also traded for All-Star closer Devin Williams from the Milwaukee Brewers to bolster their bullpen.
Furthermore, the Yankees signed starting pitcher Max Fried and first baseman Paul Goldschmidt to free-agent deals.
The Bronx Bombers are dead-set on getting back to the World Series as they pursue their first pennant since 2009. The Houston Astros' dynasty is on the downswing after likely losing Alex Bregman and sending off Kyle Tucker this offseason. So New York is looking to step into its rivals' shoes as the team to beat in the American League for the foreseeable future.
FanDuel is posting the most favorable odds on the Yankees to win the 2025 World Series at +950. That number carries an implied probability of 9.52%.
Best odds: +950 via FanDuel | Implied probability: 11.11%
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Mets (+1000)
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 (and arguably the best) joins a lineup featuring perennial MLB MVP odds contender Francisco Lindor and rising star Mark Vientos to form a terrifying 1-3 in the batting order.
New York still needs to make other moves before I consider it a real challenge to the Dodgers, especially as L.A. makes additions of its own. But this is an excellent first step.
Best odds: +1000 via FanDuel | Implied probability: 9.09%
My World Series contender to watch
Padres (+1700)
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: +1700 via BetRivers | Implied probability: 5.56%
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
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.
World Series odds history
| 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 Angeles Dodgers are the 2025 World Series favorites with odds of +375 through BetRivers. Those odds suggest a 21.05% 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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