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Juan Soto prepares to join the New York Mets, making them one of the 2025 World Series odds favorites.
Juan Soto prepares to join the New York Mets, making them one of the 2025 World Series odds favorites. Photo by Brad Penner via Imagn Images.

The Los Angeles Dodgers are the early favorites to repeat as champions based on the 2025 World Series odds, but the New York Mets are right behind them following their historic signing of superstar outfielder Juan Soto.

The Mets stole headlines on Sunday night when they signed Soto to a 15-year, $765-million deal, the most lucrative in baseball history. As a result, they're the second-biggest favorites to win the 2025 World Series.

Meanwhile, Los Angeles is coming off its first title since 2020 by defeating the New York Yankees 4-1 in the 2024 Fall Classic. L.A. jumped out to an early 3-0 series lead and closed it out in five games, thanks to the outstanding play of World Series MVP odds winner Freddie Freeman.

The Dodgers made early waves this offseason when they signed left-handed pitcher Blake Snell, bolstering what should already be an imposing rotation.

Just behind the Dodgers and Mets are Soto's former team, the New York Yankees. 

World Series odds 2025

World Series odds subject to change.

World Series favorites 2025

Dodgers (+400)

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.

San Francisco Giants teammates congratulate pitcher Blake Snell for his no-hitter against the Cincinnati Reds, and he joins the World Series odds favorites in 2025. 
San Francisco Giants teammates congratulate pitcher Blake Snell for his no-hitter against the Cincinnati Reds. Photo by Katie Stratman/USA TODAY NETWORK via Imagn Images.

Can 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). So, can Los Angeles do what no other team has managed to solely in this millennium?

As previously mentioned, the Dodgers played this entire postseason with essentially an entire rotation on the injured list. With many of those players 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 this year's World Series.

Even though the Dodgers didn't land Soto, the fact that they were reportedly in the mix is a good sign that they're willing to add to the lineup during the offseason.

This could be a dynasty in the making with Ohtani, Mookie Betts, and Freeman all together for the next few years at least. So yes, the Dodgers can absolutely repeat.

Best odds: +400 via BetRivers | Implied probability: 20%

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Mets (+800)

The Mets went on an incredible second-half run during the 2024 campaign and looked like they were maybe one or two big pieces away from being true contenders. Well, there was no piece bigger than Soto.

One of baseball's best hitters (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. 

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: +800 via DraftKings | Implied probability: 11.11%

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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%

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.

Teams with the most World Series titles

TeamWorld Series titlesMost recent championship
Yankees272009
Cardinals112011
Athletics91989
Red Sox92018
Giants82014
Dodgers82024
Reds51990
Pirates51979
Tigers41984
Braves42021

Past World Series winners

YearTeamPreseason oddsRunner-up
2024Dodgers+800Yankees
2023Rangers+5000Diamondbacks
2022Astros+1000Phillies
2021Braves+1000Astros
2020Dodgers+385Rays
2019Nationals+1600Astros
2018Red Sox+1150Dodgers
2017Astros+1200Dodgers
2016Cubs+660Guardians
2015Royals+3300Mets

World Series FAQs

Who is the World Series favorite?

The Los Angles Dodgers are the 2025 World Series favorites with odds of +400 through BetRivers. Those odds suggest an 20% 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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