Are the Los Angeles Dodgers in trouble? A truly ridiculous question to ask at this point in the season. They're still favored to win the World Series in the MLB odds, and a slight hiccup is always to be expected, even from perceived world-beaters such as L.A.
Let's look at the latest World Series odds as we hit the halfway mark of MLB's first month.
2025 World Series winner odds
World Series odds analysis
Every team faces adversity along the way. The Chicago Cubs will now be without ace Justin Steele for the season. The Atlanta Braves are already six games out of first in the NL East. The Baltimore Orioles are 3-7 in their last 10.
But perhaps none is more surprising than the Los Angeles Dodgers boasting a run differential of ZERO while sitting in third place in the NL West. April's mantra is correctly "it's early," and no one is panicking over L.A.'s stumble. But the Dodgers started the season with eight consecutive wins and have now dropped three consecutive series to the Philadelphia Phillies, Washington Nationals, and Cubs.
The nadir of the early going was a 16-0 demolition from Chicago on Saturday. Their depth is already being tested with Blake Snell on the IL, and the bats have gone cold, batting .225 through 17 games. Tyler Glasnow has pitched poorly, Roki Sasaki has improved his command but is still struggling to stay in the strike zone, and while Dustin May's results have been strong, the underlying metrics are worrisome.
Keen eyes will notice that their odds to win the World Series have only dipped to +240 from last week's number of +230. For all the issues above, Yoshinobu Yamamoto looks like a true ace, and much of the offense looks at least competent.
Maybe their status has brought out the best of the NL West — except for the Colorado Rockies, who stink — because the San Diego Padres remain undefeated at home (10-0), and the San Francisco Giants have a +23 run differential. The Arizona Diamondbacks have a winning record, too. So maybe that division will be a bit more hotly contested than we expected.
Or the Dodgers will rattle off 15 straight wins and remind everyone who they really are.
2025 World Series odds over time
Here's a look at how World Series odds stacked up across MLB throughout the offseason. We'll be updating this chart throughout the 2025 season.
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World Series betting splits
Highest ticket percentage:
• Dodgers 16.2%
• Phillies 9.4%
• Yankees 7.7%
Highest handle percentage:
• Dodgers 33.2%
• Mets 8.8%
• Yankees 7.7%
Data courtesy of BetMGM.
"Bettors love the Dodgers' chances of repeating," says Hal Egeland, Trading Strategy Manager, BetMGM. "The Yankees, Mets, and Red Sox are also popular picks to win it all."
Past World Series winners
The Los Angeles Dodgers won the 2024 World Series by toppling the New York Yankees in five games.
Here are the last 10 World Series winners, along with their opening odds.
| Season | Winner | Opening odds | Runner up |
|---|---|---|---|
| 2024 |  Los Angeles Dodgers |
+320 |  New York Yankees |
| 2023 |  Texas Rangers |
+5,000 |  Arizona Diamondbacks |
| 2022 |  Houston Astros |
+800 |  Philadelphia Phillies |
| 2021 |  Atlanta Braves |
+1,000 | Houston Astros |
| 2020 | Los Angeles Dodgers |
+600 |  Tampa Bay Rays |
| 2019 |  Washington Nationals |
+1,800 | Houston Astros |
| 2018 |  Boston Red Sox |
+1,200 | Los Angeles Dodgers |
| 2017 | Houston Astros |
+1,600 | Los Angeles Dodgers |
| 2016 |  Chicago Cubs |
+1,050 |  Cleveland Guardians |
| 2015 |  Kansas City Royals |
+1,500 |  New York Mets |
Teams with most World Series titles
| Team | World Series titles | Most recent championship |
|---|---|---|
| New York Yankees |
27 | 2009 |
 St. Louis Cardinals |
11 | 2011 |
 Oakland A's |
9 | 1989 |
| Boston Red Sox |
9 | 2018 |
 San Francisco Giants |
8 | 2014 |
| Los Angeles Dodgers |
8 | 2024 |
 Cincinnati Reds |
5 | 1990 |
 Pittsburgh Pirates |
5 | 1979 |
 Detroit Tigers |
4 | 1984 |
| Atlanta Braves |
4 | 2021 |
| Chicago Cubs |
3 | 2016 |
 Baltimore Orioles |
3 | 1983 |
 Minnesota Twins |
3 | 1991 |
 Chicago White Sox |
3 | 2005 |
The New York Yankees are the most decorated team in MLB history, and it isn't close. In addition to winning a whopping 27 titles, they've played in 41 World Series. The Los Angeles Dodgers are second all-time with 22 World Series appearances while the St. Louis Cardinals have won the second-most championships at 11.
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World Series Odds FAQs
The Los Angeles Dodgers are the current betting favorites over the Atlanta Braves and New York Mets.
The Los Angeles Dodgers beat the New York Yankees in five games to win the 2024 World Series.
The World Series has been a best-of-seven series with a 2-3-2 format since 1922.
Since 2017, home-field advantage has been awarded to the team with the better winning percentage in the regular season.
The cash-strapped Florida Marlins entered the 2003 season with +7,500 odds to win it all after finishing four games below .500 the year before. Oddsmakers seemed to be right as the club got off to a sluggish 16-22 start, but a managerial change and some inspired play led to a second half surge and the Fish downed the heavily-favored Yankees in six games in the Fall Classic.
The Los Angeles Dodgers have the best odds to win the 2025 World Series after winning in 2024.
