2025 MLB Playoff Odds: Some Races Still Up For Grabs

Several teams are off the board as September baseball gets underway with their playoff odds either too good (Dodgers) or completely gone (Rockies), but other contenders are still vying for spots in October.

Jason Wilson - Betting Analyst at Covers.com
Jason Wilson • Betting Analyst
Sep 2, 2025 • 10:42 ET • 6 min read
Jarren Duran Boston Red Sox MLB
Photo By - Imagn Images. Red Sox OF Jarren Duran before hitting an inside-the-park home run.

The 2025 MLB season is winding down, and many teams are either definitively in or out of October.

The MLB playoff odds market is a simple "yes/no" scenario positing whether or not a team will make the postseason. The New York Yankees and Boston Red Sox are the biggest favorites to reach the playoffs of those still listed, while the Arizona Diamondbacks and St. Louis Cardinals are clinging to unlikely hopes.

With many division leaders and bottom-feeders off the board, let's look at how MLB odds are looking with less than a month to go.

2025 MLB playoff odds

Team Yes No
Yankees New York Yankees -5000 +1900
Red Sox Boston Red Sox -1800 +900
Astros Houston Astros -900 +600
Mets New York Mets -750 +500
Mariners Seattle Mariners -330 +250
Rangers Texas Rangers +250 -320
Royals Kansas City Royals +500 -650
Giants San Francisco Giants +1800 -5000
Guardians Cleveland Guardians +1900 -5000
Rays Tampa Bay Rays +2000 -5000
Diamondbacks Arizona Diamondbacks +3000 -20000
Cardinals St. Louis Cardinals +3000 -20000

Odds courtesy of DraftKings on 9-2-25.

    MLB Postseason format

    The MLB playoffs expanded in the 2022 season, adding an extra wild card to both the AL and NL, making it a total of 12 teams in the postseason.

    The new format will see the top two division winners in each league (Seeds 1 and 2) get a first-round bye, while the third-best division winner (Seed 3) will host the third wild card (Seed 6) — and the two remaining wild cards (Seeds 4 and 5) will face off — in a three-game series.

    Following the Wild Card Round, the No. 1 seed will face the winner of the two wild cards (Seeds 4/5), while the No. 2 seed will face the No. 3 vs No. 6 winner in the Divisional Round.

    If the second-best record in the league does not come from a division winner (e.g. the San Francisco Giants in 2021), they will remain the top wild card — and not get a first-round bye.

    MLB Postseason Odds FAQs

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    Jason Wilson Covers.com
    Betting Analyst

    Jason Wilson is an experienced journalist who has worked in a variety of roles within the industry for the past 18 years. Working at community newspapers in New Brunswick, Jason wore many hats as a reporter, editor, and photographer, covering everything from sports to courts to municipal politics. After shifting gears and working as an educator for a few years in the 2010s, Jason returned to full-time work in media as an MLB news editor for six years at theScore in Toronto before joining Covers in late 2021.

    He has honed his editorial acumen over his years in the industry, showcasing flexibility, patience, and a strong work ethic. While he was relatively new to sports betting upon joining Covers, Jason has taken the plunge with gusto to learn the ins and outs of the industry, both as a method to improve professionally and to add an extra angle to his sports fandom.

    In addition to sports, Jason is an avid film nut and former movie critic who monitors the Academy Awards betting odds for Covers. Jason holds a Bachelor of Arts in journalism degree and a Bachelor of Education degree from St. Thomas University.

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