The Los Angeles Dodgers can't stop adding talent.
MLB odds have the Dodgers as clear favorites to repeat as World Series champions, especially after signing top international free agent Roki Sasaki and others during what has been a fairly busy offseason to date.
With that in mind, let's look at the early 2025 World Series odds.
2025 World Series winner odds
World Series odds analysis
The Los Angeles Dodgers aren't taking their World Series victory for granted. To bolster the already impressive roster even further, the Dodgers signed Japanese starting pitcher Roki Sasaki. The Dodgers previously signed left-hander Blake Snell to a multi-year contract and are poised to get Shohei Ohtani back on the mound at some point in the 2025 season.
Los Angeles has also signed left-handed reliever Tanner Scott, brought back slugging outfielder Teoscar Hernandez, and added Michael Conforto to the mix. Perhaps the only area for concern is the majority of the team's regulars is 30+. However, Sasaki is 23 and Yoshinobu Yamamoto, last year's prized acquisition not named Ohtani, is 26, so there's some youth in the rotation, at least.
Before the Dodgers pounced on Sasaki, Juan Soto signing with the New York Mets was the talk of the offseason — with both players spurning the Toronto Blue Jays in the process. The Mets haven't followed that splash with much more of note beyond bringing back Sean Manaea on a three-year deal and adding reliever A.J. Minter.
For now, the Mets are as short as +850 while the Dodgers are routinely around +300.
2025 World Series odds over time
Here's a look at how World Series odds stacked up across MLB throughout the season. We'll be updating this chart again for the 2025 season.
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How to read MLB World Series futures odds
Sportsbooks will post World Series futures as soon as the previous season concludes, and some even sooner. These betting boards are constantly adjusted throughout the winter and ensuing season as players get hurt or are traded. Once the regular season begins, World Series odds will change daily as teams win and lose games, and as more players are injured or traded. Sportsbooks will also adjust the World Series odds based on handle and liability to certain teams.
World Series odds will usually look like this:
- Los Angeles Dodgers +240
This means that on a $100 bet, you'll stand to win $240 if the Dodgers win the World Series. If it's close to the end of the season or MLB has a very dominant team, you could see a minus sign (-) ahead of a team's odds.
- Atlanta Braves -150
This means that if you bet on the Atlanta Braves during the 2020 MLB season, you would have needed to bet $150 to profit $100 if the Braves won the championship.
Above we have posted the American odds for the World Series. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool.
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.
