World Series MVP Odds: Guerrero in the Hunt, Ohtani Favored

Vladimir Guerrero Jr. knocked Yankee pitching around in the ALDS and is among those drawing the shortest odds to win World Series MVP. Shohei Ohtani is the favorite, but a lot can change in the League Championship Series.

Jason Wilson - Betting Analyst at Covers.com
Jason Wilson • Betting Analyst
Oct 12, 2025 • 16:01 ET • 4 min read
Vladimir Guerrero Jr. Toronto Blue Jays MLB
Photo By - IMAGN Images. Blue Jays 1B Vladimir Guerrero Jr. celebrates winning the ALDS over the Yankees.

With only four teams remaining, we're down to more limited options to come away with the World Series MVP.

The Los Angeles Dodgers are favored in the latest World Series odds, and Shohei Ohtani is the runaway betting favorite to win World Series MVP. While he's only slashing .148/.233/.370 in the postseason, those numbers don't matter and can't be used as a predictor of future performance, especially considering the long track record.

Vladimir Guerrero Jr. is coming off an ALDS against the New York Yankees, where he hit .529 with three home runs and struck out only once. His stock is at the highest it's been in ages, but the Toronto Blue Jays will need to get past Cal Raleigh and the Seattle Mariners first.

The Milwaukee Brewers are drawing the longest odds, and it's not entirely surprising that their players are further down the list. However, this team finished the regular season with the best record in baseball and can't be counted out. If they win Game 1 vs. the Dodgers, this market might see some shuffling.

Here are the latest World Series MVP odds.

World Series 2025 MVP odds

Player BetMGM Caesars
Dodgers Shohei Ohtani  +300 +200
Mariners Cal Raleigh +900 +800
Blue Jays Vladimir Guerrero Jr. +900 +1200
Dodgers Freddie Freeman +1400 +1500
Dodgers Mookie Betts +1500 +1100
Dodgers Teoscar Hernandez +1500 +1500
Mariners Julio Rodriguez +1800 +1800
Blue Jays George Springer +1800 +2200
Brewers Jackson Chourio +2000 +1200
Brewers William Contreras +2000 +2200
Brewers Christian Yelich +2500 +1500
Brewers Freddy Peralta +2500 +5000
Blue Jays Daulton Varsho +3000 +4500
Mariners Randy Arozarena +3500 +5000
Mariners Josh Naylor +3500 +5000
Blue Jays Alejandro Kirk +3500 +3000
Brewers Brice Turang +3500 +2800
Dodgers Blake Snell +3500 +4000
Dodgers Yoshinobu Yamamoto +3500 +3000

Odds as of 10-12.

How is the World Series MVP decided?

The Willie Mays World Series Most Valuable Player Award is decided by a committee of media members and officials attending the final game.

The honor is awarded to the player deemed to have the most impact on his team's performance during the World Series — performance during earlier postseason rounds does not count toward this award.

The World Series MVP can be given to a player from either the winning or losing team, although a player from the losing team winning the award has only happened once (Bobby Richardson, NYY, 1960).

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How to read World Series MVP odds

The World Series MVP odds are displayed in a list format with corresponding odds for each player considered an MVP candidate. The odds will reflect the implied probability of that player winning MVP.

Most sportsbooks in North America will list World Series MVP odds in American format:

  • Jose Altuve -120
  • Bryce Harper +187

This means that a $100 bet on Altuve would profit $83 (or a $120 bet would win $100), while a $100 bet on Harper would profit $187. Use our odds converter to switch American odds to decimal or fractional and to see how much you could win using different odds.

World Series MVP history

The World Series MVP Award has been handed out to the player deemed to have had the greatest impact on his team's performance during the championship series every year starting in 1955. Before the 2017 postseason, the award was renamed in honor of Willie Mays in remembrance of the Hall-of-Famer's historic catch in Game 1 of the 1954 World Series. The Willie Mays World Series Most Valuable Player Award trophy is a wooden pedestal topped by a bronze sculpture of Mays making the iconic catch.

Pitchers have won the award 29 times (four times by relief pitchers), including 12 of the first 14 years from 1955 to 1968. More recently, dating back to 2004, the award has been won 17 of the last 20 years by non-pitchers.

Position Total
Pitcher 29
Outfielder 11
Third baseman 10
Shortstop 8
Catcher 7
First baseman 4
Designated hitter 3
Second baseman 1

Betting has only been available on the World Series MVP Award since 2003. The table below lists those winners, in addition to their odds to win before the World Series began.

Year MVP winner MVP odds Position
2024 Freddie Freeman +3,000 1B
2023 Corey Seager +475 SS
2022 Jeremy Pena +2,500 SS
2021 Jorge Soler +3,500 RF
2020 Corey Seager +800 SS
2019 Stephen Strasburg +1,950 SP
2018 Steve Pearce +5,500 LF/1B
2017 George Springer +2,200 CF
2016 Ben Zobrist +1,500 2B/OF
2015 Salvador Perez +2,500 C
2014 Madison Bumgarner +700 SP
2013 David Ortiz +900 DH/1B
2012 Pablo Sandoval +1,200 3B
2011 David Freese +1,000 3B/1B
2010 Edgar Renteria +3,300 SS
2009 Hideki Matsui +800 (field) OF
2008 Cole Hamels +600 SP
2007 Mike Lowell +1,200 3B
2006 David Eckstein +1,500 SS
2005 Jermaine Dye +1,000 RF
2004 Manny Ramirez +500 LF

World Series MVP trends

  • Yankees second baseman Bobby Richardson (1960) is the only player to win World Series MVP honors while playing for the losing team.
  • The World Series MVP award has been awarded to a pitcher 42% of the time since its inception.
  • In 2022, the Houston Astros’ Jeremy Pena became just the third rookie ever to win the World Series MVP award.
  • Sandy Koufax, Bob Gibson, and Reggie Jackson are the only players to win the World Series MVP award more than once.

World Series MVP 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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