The Los Angeles Dodgers remain the +230 favorites to win the 2026 World Series, maintaining their position as the team to beat as spring training progresses. The defending champions' odds have stayed consistent over the past month, reflecting confidence in their roster despite the challenges of repeating as champions. With the World Baseball Classic underway, baseball's elite are showcasing their talents on the global stage.

Several teams have seen their odds shift in the next tier. The New York Yankees have lengthened slightly from +950 to 10-1, while the Seattle Mariners (12-1) and New York Mets (13-1) have seen their championship odds improve. The Philadelphia Phillies have slipped from 13-1 to 16-1, now tied with the Boston Red Sox for sixth place on the odds board. The Toronto Blue Jays (15-1), Chicago Cubs (18-1), and Atlanta Braves (18-1) round out the teams with odds better than 20-1.

On the division winner side, the Dodgers stand out with astounding -650 odds to win the NL West, the only team with minus money odds for their division. BetMGM recently reported taking a $300,000 wager at +100 for the Mariners to win the AL West, highlighting significant betting interest in baseball's futures market.