Pitchers and catchers have reported for duty, and Spring Training is rapidly approaching.
MLB odds unsurprisingly have the Los Angeles Dodgers pegged as betting favorites to win a third straight Fall Classic at +225 after adding outfielder Kyle Tucker to an already formidable lineup. The New York Yankees (+900) are among the closest competitors.
Here's a look at the 2026 World Series odds as players start ramping up for Opening Day.
2026 World Series winner odds
2026 World Series odds over time
Here, we'll track how the World Series odds shift throughout the offseason, free agency, spring training, and 2026 regular season.
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World Series betting splits
Will revisit betting splits as more data is available for the 2026 World Series.
Past World Series winners
The Los Angeles Dodgers won the 2025 World Series by toppling the Toronto Blue Jays in an epic seven-game series.
Here are the last 10 World Series winners, along with their opening odds.
| Season | Winner | Opening odds | Runner up |
|---|---|---|---|
| 2025 | Los Angeles Dodgers | +240 |  Toronto Blue Jays |
| 2024 | Los Angeles Dodgers | +350 |  New York Yankees |
| 2023 |  Texas Rangers | +5000 |  Arizona Diamondbacks |
| 2022 |  Houston Astros | +800 |  Philadelphia Phillies |
| 2021 |  Atlanta Braves | +1000 | Houston Astros |
| 2020 | Los Angeles Dodgers | +600 |  Tampa Bay Rays |
| 2019 |  Washington Nationals | +1800 | Houston Astros |
| 2018 |  Boston Red Sox | +1200 | Los Angeles Dodgers |
| 2017 | Houston Astros | +1600 | Los Angeles Dodgers |
| 2016 |  Chicago Cubs | +1050 |  Cleveland Guardians |
The biggest World Series underdogs
Below are the 10 World Series-winning teams since 1985 with the longest opening odds.
| Season | Winner | Opening odds |
|---|---|---|
| 1991 |  Minnesota Twins | +8000 |
| 2003 |  Florida Marlins | +7500 |
| 2023 | Texas Rangers | +5000 |
| 1987 | Minnesota Twins | +5000 |
| 2013 | Boston Red Sox | +4000 |
| 2002 |  Anaheim Angels | +4000 |
| 2010 |  San Francisco Giants | +2500 |
| 2005 |  Chicago White Sox | +2200 |
| 2008 | Philadelphia Phillies | +2000 |
| 2014 | San Francisco Giants | +2000 |
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 |
| Los Angeles Dodgers | 9 | 2025 |
| San Francisco Giants | 8 | 2014 |
 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 23 World Series appearances, while the St. Louis Cardinals have won the second-most championships at 11.
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This article originally appeared on Covers.com, read the full article here