Baseball season is here, with the season kicking off in Tokyo. So it's time to break down 2025 World Series odds.
The Los Angeles Dodgers are once again heavy favorites to win the title this year, with the Braves, Yankees and Mets rounding out the top three at Caesars Sportsbook.
I'll break down if the Dodgers can actually repeat alongside my best 2025 World Series value picks, below:
2025 World Series Odds
| Teams | Odds |
|---|---|
| LA Dodgers | +210 |
| NY Yankees | +900 |
| Philadelphia Phillies | +1000 |
| NY Mets | +1100 |
| Atlanta Braves | +1200 |
| Baltimore Orioles | +1600 |
| Houston Astros | +1600 |
| Boston Red Sox | +1800 |
| Texas Rangers | +2000 |
| Arizona Diamondbacks | +2500 |
Odds as of April 1st, 2025 14:34pm EDT. |
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Can The Dodgers Repeat as World Series Champs?
The Dodgers have everything they need to steamroll back to a World Series in 2025. Los Angeles was expected to be the best team in baseball coming into 2024 and ended up being exactly that — winning the title. But, it's not like they played their best baseball all year. The Dodgers still had to work through significant injuries to Yoshinobu Yamamoto, Mookie Betts, Tyler Glasnow, and others. With top talent and elite depth, they still came out on top.
L.A. made more headlines this winter, signing two-time Cy Young Blake Snell, re-upping slugger Teoscar Hernandez, and adding top international free agents in Roki Sasaki and Hye Seong Kim. Did I mention they also added arguably the two best free agent relievers in Tanner Scott and Kirby Yates, too?
This is basically a perfect team, with the depth to survive big injuries anywhere. I don't expect the Dodgers to take any kind of step back. If anything, I think they can be even better this year.
Mets' Odds Are Overvalued After Massive Offseason
There was tons of betting action after the Mets signed Juan Soto to a 15-year, $765-million contract this offseason. And, New York's betting momentum only grew when they brought back Sean Manaea and Pete Alonso, on top of some adds.
But, I think the Mets are a touch overhyped at this point. They're better for sure, but not the fourth-best team in baseball as these odds indicate. With spring injuries to guys like Frankie Montas and Manaea, already, I think the lack of pitching depth will be exposed in Queens. I still think the Mets have the upside to compete, but I'm not taking them as a top-five WS contender.
World Series Odds Dark Horse: Tampa Bay Rays
I don't care what stadium they play in, the 2025 Tampa Bay Rays are going to be a lot better than last year's version.
I'm not sure there's a team in baseball that will get more pitching talent back next year, with Shane McClanahan, Drew Rasmussen, and Shane Baz all set to return as regular rotation members in 2025.
The Rays have made the playoffs in five of the last six years, out-performing their win total in five of those seasons, so this is clearly a team the books underestimate. With a healthy rotation and another year of development for young studs like Jonny DeLuca and Junior Caminero, I expect Tampa to be right back to the scrappy underrated squad they've always been. So, at long odds, they're a great World Series value bet.
World Series Odds Betting Handle & Public Trends
Bettors LOVE the Dodgers. Can you blame them? As I broke down they're basically a perfect baseball team. But, this is also a weird sport where anything can happen. The Dodgers nearly lost to a far worse Padres team last October, before squeezing by on some bullpen games and winning the World Series.
While a vast majority of the bets and the money are on Los Angeles to repeat, I think the books are probably pretty happy to take all that action. We haven't had a repeat title winner in MLB since the Yankees in 2000.
Most-Bet Teams (Total Bets)
- Los Angeles Dodgers 17.5%
- New York Mets 8.7%
- Philadelphia Phillies 8.6%
Most-Bet Teams (Total Money)
- Los Angeles Dodgers 37.8%
- New York Mets 9.4%
- New York Yankees 7.7%
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Betting Strategy for World Series Futures
Evidence suggests waiting before placing World Series futures bets, but don't go with the chalk if you are keen on a pre-season wager. In the last 10 seasons, only three pre-season favorites (the 2020 and 2024 Dodgers and 2016 Cubs) have gone on to win the championship.
A middle-of-the-pack sweet spot has formed over the last decade or so. Four clubs (the 2017 Astros, the 2018 Red Sox, the 2021 Braves, and the 2022 Astros) all began their respective seasons with World Series odds between +1000 and +1200. I'd turn to those ranges for a pre-season bet in 2025.
Last 10 World Series Champions
| Year | World Series Winner | Opening Day Odds |
|---|---|---|
| 2024 | Los Angeles Dodgers | +350 |
| 2023 | Texas Rangers | +3200 |
| 2022 | Houston Astros | +1000 |
| 2021 | Atlanta Braves | +1000 |
| 2020 | Los Angeles Dodgers | +385 |
| 2019 | Washington Nationals | +1600 |
| 2018 | Boston Red Sox | +1150 |
| 2017 | Houston Astros | +1175 |
| 2016 | Chicago Cubs | +660 |
| 2015 | Kansas City Royals | +3300 |
| 2014 | San Francisco Giants | +2500 |
| 2013 | Boston Red Sox | +2800 |
The biggest long shot to win the World Series in the last decade was the 2015 Kansas City Royals. The '23 Rangers weren't far behind either, with +3200 odds to win the championship.
The Royals were coming off a season in which they dominated all the way to the World Series (not losing a single playoff game on the AL side of the bracket) and then pushed the eventual champion Giants to seven games for the title. However, they weren’t getting much respect in preseason odds the next year as KC’s +3300 Opening Day odds to win the title placed the team 17th on the board at the time.
MLB Teams with the Most World Series Titles
| Team | Number of World Series Titles | Most Recent World Series Title |
|---|---|---|
| New York Yankees | 27 | 2009 |
| St. Louis Cardinals | 11 | 2011 |
| Oakland/Philadelphia Athletics | 9 | 1989 |
| Boston Red Sox | 9 | 2018 |
| San Francisco Giants | 8 | 2014 |
The New York Yankees have won the most World Series in MLB history. However, it's been a while since the Bronx Bombers added to their total. The Yankees last won a World Series in 2009, defeating the Phillies in six games.
MLB Teams That Have Never Won a World Series
| Team | Highest Finish |
|---|---|
| Colorado Rockies | World Series (2007) |
| Milwaukee Brewers | World Series (1982) |
| San Diego Padres | World Series (1998) |
| Seattle Mariners | ALCS (2001) |
| Tampa Bay Rays | World Series (2020) |
Five MLB franchises have yet to win a World Series. The Seattle Mariners are the only team that’s never even been to a World Series final despite having some of the league’s best-ever players like Ken Griffey Jr., Edgar Martinez, and Ichiro Suzuki.
World Series Betting Trends
- Eight Wild Card teams have gone on to win the World Series (15 have made it)
- Nine teams in MLB history have made a manager change midseason and gone on to make the World Series (including the 2022 Phillies)
- Eight of the last 11 World Series have gone at least six games
- There has been only one World Series sweep since 2010
- No league (AL or NL) has won more than four World Series in a row since 1979-1982
