The Los Angeles Dodgers defeated the New York Yankees in five games to win the 2024 World Series, claiming their eighth championship in Brooklyn/L.A. history.
MLB odds like their chances in 2025, too, with the Dodgers listed with the shortest odds to be a repeat winner, something we haven't seen since the Yankees won three in a row from 1998-2000.
With that in mind, let's look at the early 2025 World Series odds.
2025 World Series winner odds
| Team |  |
|---|---|
 Los Angeles Dodgers |
+400 |
 New York Yankees |
+700 |
 Atlanta Braves |
+750 |
 Philadelphia Phillies |
+1,000 |
 Baltimore Orioles |
+1,100 |
 Houston Astros |
+1,300 |
 New York Mets |
+1,400 |
 San Diego Padres |
+1,500 |
 Texas Rangers |
+2,800 |
 Seattle Mariners |
+2,800 |
 Cleveland Guardians |
+2,800 |
 Minnesota Twins |
+3,000 |
 Arizona Diamondbacks |
+3,000 |
 Detroit Tigers |
+3,000 |
 Chicago Cubs |
+3,500 |
 Boston Red Sox |
+3,500 |
 Kansas City Royals |
+4,000 |
 Milwaukee Brewers |
+4,000 |
 Cincinnati Reds |
+6,000 |
 Toronto Blue Jays |
+6,000 |
 St. Louis Cardinals |
+6,000 |
 Tampa Bay Rays |
+6,000 |
 San Francisco Giants |
+7,000 |
 Pittsburgh Pirates |
+10,000 |
 A's |
+15,000 |
 Washington Nationals |
+15,000 |
 Miami Marlins |
+25,000 |
 Los Angeles Angels |
+25,000 |
 Colorado Rockies |
+40,000 |
 Chicago White Sox |
+40,000 |
Odds as of 10-31-2024.
World Series odds analysis
While it's perhaps silly to cite how the Los Angeles Dodgers overcame adversity to win the 2024 World Series considering the payroll and star power littered throughout the roster, the rotation was a shambles thanks to injuries to Clayton Kershaw, Tyler Glasnow, Tony Gonsolin, Dustin May, and more. Walker Buehler wasn't his top self as he worked back from Tommy John surgery and offseason addition Yoshinobu Yamamoto dealt with a shoulder injury that cost him three months of action.
And though the wear and tear of next season can yield further injuries, they should be in an even better position on Opening Day. Shohei Ohtani will presumably join the pitching staff after serving as a DH in 2024. Kershaw is planning to pitch again. Glasnow said his elbow inflammation is fully healed. Factor in young arms like Bobby Miller taking steps forward, and this team might be even more fearsome a year from now. Hence why they're positioned atop this list.
The biggest question facing the runner-up New York Yankees is the future of Juan Soto. The electric outfielder slashed .288/.469/.633 with a career-high 41 home runs in his first (only?) season with the Yankees. If he signs elsewhere (Dodgers, New York Mets, a mystery team), expect New York's odds to worsen a bit.
As for the Atlanta Braves, they get the third spot for now likely because Ronald Acuna Jr. will be back in the fold for 2025.
Free agency has yet to begin in earnest, but expect fluctuation based on players in new homes. It's a pretty robust class. In addition to Soto, Corbin Burnes, Blake Snell, Alex Bregman, Max Fried, Pete Alonso, and others could be seeking new contracts in just a few weeks.
2024 World Series opening odds
- Los Angeles Dodgers +320
- Atlanta Braves +450
- Houston Astros +700
- New York Yankees +900
- Texas Rangers +1,400
- Baltimore Orioles +1,400
- Philadelphia Phillies +1,500
- Toronto Blue Jays +1,800
- Seattle Mariners +2,000
- Minnesota Twins +2,100
- St. Louis Cardinals +3,000
- Tampa Bay Rays +3,000
- Arizona Diamondbacks +3,500
- Chicago Cubs +3,500
- San Francisco Giants +4,500
- New York Mets +4,500
- San Diego Padres +5,000
- Cincinnati Reds +5,500
- Boston Red Sox +6,000
- Cleveland Guardians +6,000
- Detroit Tigers +7,000
- Miami Marlins +9,000
- Milwaukee Brewers +9,000
- Kansas City Royals +15,000
- Los Angeles Angels +18,000
- Pittsburgh Pirates +20,000
- Washington Nationals +25,000
- Chicago White Sox +25,000
- Colorado Rockies +50,000
- Oakland A's +50,000
2024 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 New York Yankees.
The Texas Rangers beat the Arizona Diamondbacks in five games to win the 2023 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 2024 World Series ahead of their matchup vs. the New York Yankees.
