2024 World Series Odds: Dodgers Favored Over Yankees as Fall Classic is Set

The New York Yankees and the Los Angeles Dodgers will meet in the World Series for the first time in more than 40 years — and the West Coast opens as the favorites.

Jared Hochman - Content Manager at Covers.com
Jared Hochman • Content Manager
Oct 21, 2024 • 08:59 ET • 5 min read
World Series Odds Aaron Judge Shohei Ohtani
Photo By - USA TODAY Sports

You couldn't ask for a better matchup for World Series odds than the Los Angeles Dodgers and New York Yankees squaring off for an MLB-record 12th time in the Fall Classic.

- The two best records in baseball.

- The two largest markets in the sport.

- The two biggest names in the game.

- The first World Series meeting between the two since 1981.

The Dodgers get the early edge in the opening MLB odds to win the World Series, but it is shaping up to be a true "Fall Classic" when things kick off on Friday.

World Series winner odds

World Series odds analysis

The Los Angeles Dodgers needed six games to dispatch the New York Mets in the NLCS and opened as slight favorites to win the series, as short as -135 at some operators.

Los Angeles may not have the starting pitching that the Yankees do, but they have a deep bullpen and a lineup that can mash, anchored by Shohei Ohtani and Mookie Betts. 

The New York Yankees have a couple of big bats of their own — maybe you've heard of Aaron Judge, Juan Soto, and Giancarlo Stanton — who all had their dramatic moments as the Bronx Bombers advanced past the Cleveland Guardians in five games in the ALCS.

The Dodgers finished with a slightly better 98-64 record (compared to 94-68 for New York), and when these two teams met for a three-game set in early June, Los Angeles took two of three.

2024 World Series opening odds

  • Los Angeles Dodgers +320
  • Atlanta Braves +450
  • Houston Astros +700
  • New York Yankees +900
  • Texas Rangers +1,400
  • Baltimore Orioles +1,400
  • Philadelphia Phillies +1,500
  • Toronto Blue Jays +1,800
  • Seattle Mariners +2,000
  • Minnesota Twins +2,100
  • St. Louis Cardinals +3,000
  • Tampa Bay Rays +3,000
  • Arizona Diamondbacks +3,500
  • Chicago Cubs +3,500
  • San Francisco Giants +4,500
  • New York Mets +4,500
  • San Diego Padres +5,000
  • Cincinnati Reds +5,500
  • Boston Red Sox +6,000
  • Cleveland Guardians +6,000
  • Detroit Tigers +7,000
  • Miami Marlins +9,000
  • Milwaukee Brewers +9,000
  • Kansas City Royals +15,000
  • Los Angeles Angels +18,000
  • Pittsburgh Pirates +20,000
  • Washington Nationals +25,000
  • Chicago White Sox +25,000
  • Colorado Rockies +50,000
  • Oakland A's +50,000

2024 World Series odds over time

Here's a look at how World Series odds stack up across MLB. We'll be updating throughout the season to show how the odds race evolves.

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2025 World Series odds

Text.

Team DraftKings
Dodgers Los Angeles Dodgers +360
Yankees New York Yankees +650
Braves Atlanta Braves +700
Phillies Philadelphia Phillies +900
Orioles Baltimore Orioles +1100
Astros Houston Astros +1100
Padres San Diego Padres +1400
Rangers Texas Rangers +2000
Mets New York Mets +2000
Mariners Seattle Mariners +2200
Twins Minnesota Twins +2200
Diamondbacks Arizona Diamondbacks +2500
Tigers Detroit Tigers +3000
Guardians Cleveland Guardians +3000
Cubs Chicago Cubs +3000
Royals Kansas City Royals +3500
Blue Jays Toronto Blue Jays +4000
Cardinals St. Louis Cardinals +4000
Brewers Milwaukee Brewers +4000
Reds Cincinnati Reds +4000
Red Sox Boston Red Sox +4000
Rays Tampa Bay Rays +5000
Giants San Francisco Giants +5000
Pirates Pittsburgh Pirates +8000
Athletics A's +10000
Nationals Washington Nationals +10000
Marlins Miami Marlins +20000
Angels Los Angeles Angels +20000
Rockies Colorado Rockies +20000
White Sox Chicago White Sox +30000

Covers MLB betting tools

How to read MLB World Series futures odds

Sportsbooks will post World Series futures as soon as the previous season concludes, and some even sooner. These betting boards are constantly adjusted throughout the winter and ensuing season as players get hurt or are traded. Once the regular season begins, World Series odds will change daily as teams win and lose games, and as more players are injured or traded. Sportsbooks will also adjust the World Series odds based on handle and liability to certain teams.

World Series odds will usually look like this:

  • Los Angeles Dodgers +240

This means that on a $100 bet, you'll stand to win $240 if the Dodgers win the World Series. If it's close to the end of the season or MLB has a very dominant team, you could see a minus sign (-) ahead of a team's odds. 

  • Atlanta Braves -150

This means that if you bet on the Atlanta Braves during the 2020 MLB season, you would have needed to bet $150 to profit $100 if the Braves won the championship.

Above we have posted the American odds for the World Series. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool.

Past World Series winners

The Texas Rangers won the 2023 World Series after defeating the Arizona Diamondbacks in five games. It marked the first World Series title in Rangers franchise history.

Here are the last 10 World Series winners, along with their opening odds.

Season Winner Opening odds Runner up
2023 Rangers Texas Rangers +5,000 Diamondbacks Arizona Diamondbacks
2022 Astros Houston Astros +800 Phillies Philadelphia Phillies
2021 Braves Atlanta Braves +1,000 Astros Houston Astros
2020 Dodgers Los Angeles Dodgers +600 Rays Tampa Bay Rays
2019 Nationals Washington Nationals +1,800 Astros Houston Astros
2018 Red Sox Boston Red Sox +1,200 Dodgers Los Angeles Dodgers
2017 Astros Houston Astros +1,600 Dodgers Los Angeles Dodgers
2016 Cubs Chicago Cubs +1,050 Guardians Cleveland Guardians
2015 Royals Kansas City Royals +1,500 Mets New York Mets
2014 Giants San Francisco Giants +2,000 Royals Kansas City Royals

Teams with most World Series titles

Team World Series titles Most recent championship
Yankees New York Yankees 27 2009
Cardinals St. Louis Cardinals 11 2011
Athletics Oakland A's 9 1989
Red Sox Boston Red Sox 9 2018
Giants San Francisco Giants 8 2014
Dodgers Los Angeles Dodgers 7 2020
Reds Cincinnati Reds 5 1990
Pirates Pittsburgh Pirates 5 1979
Tigers Detroit Tigers 4 1984
Braves Atlanta Braves 4 2021
Cubs Chicago Cubs 3 2016
Orioles Baltimore Orioles 3 1983
Twins Minnesota Twins 3 1991
White Sox Chicago White Sox 3 2005

Despite not playing for a championship since 2009, 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 40 World Series. The Los Angeles Dodgers are second all-time with 21 World Series appearances.

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Jared Hochman Content Manager at Covers.com
Content Manager

Before Jared Hochman joined the Covers team in 2020, he worked for newspaper outlets such as the Chronicle Herald and The Coast, worked in marketing for SkipTheDishes and Vivid Seats, and previously ran a magazine. A journalism graduate from the University of King's College in, Halifax, N.S., "Hoch" brings more than a decade of experience in sports betting, having worked as a freelance handicapper, making appearances on Monumental Sports Network and the Sharp 600 podcast, and now also filling in occasionally as host of Covers' NHL Puck Props. 

Awarded Covers' company MVP for 2023, Jared is an avid bettor of MLB, NFL, NHL, and NBA, while also wagering on some soccer and WNBA. His best advice for sports bettors? Price shop — something he does daily across 10 different sportsbook apps.

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