At the onset of the American and National League Championship Series, the Los Angeles Dodgers are the prohibitive baseball betting odds favorite to win the 2025 World Series. Following the Dodgers are the Toronto Blue Jays, Seattle Mariners, and Milwaukee Brewers. Meanwhile, in the American League Division Series, the Toronto Blue Jays defeated the New York Yankees 3-1, while the Seattle Mariners won a thrilling five-game series against the Detroit Tigers.
In the National League, the Dodgers took out the Philadelphia Phillies in four games. At the same time, the Milwaukee Brewers needed the full five games to eliminate the Chicago Cubs. Of course, Milwaukee had the best record in baseball, but is getting the least respect from the betting public. It may come as a surprise to casual fans and gamblers to learn that Milwaukee has been a consistent presence in the playoffs for the past decade.
2025 MLB World Series Championship Odds
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Initially, the Brewers’ problem is that they have only advanced once to the NLDS, when Milwaukee lost to the Los Angeles Dodgers in a 2018 seven-game series. Until their Offshore betting win over the Cubs, that 2018 run was the last time Milwaukee won a playoff series.
Specifically, payroll disparity and the lack of a salary cap are always serious topics when it comes to baseball betting. And it is payroll where the Dodgers have a significant advantage over all the other remaining teams. Los Angeles has an obscene total of $350 million, compared to the Brewers’ $121 million. Meanwhile, the Blue Jays close out the Top 5 at $255 million, while the Mariners are at $164 million.
Accordingly, with such a payroll advantage, the Dodgers can keep their existing stars, sign the best players from other teams, and build depth for the tough times.
Milwaukee could not be a more opposite team. The Brewers often have to let key personnel go because they can’t afford to retain such players. But the Brewers do boast the best front office in baseball. Milwaukee scouts continue to discover new talent that replaces the players it can’t afford to keep.
Last year, Milwaukee General Manager Matt Arnold won the MLB Executive of the Year. And it’s easy to understand the MLB odds rationale. Since Billy Bean, at his peak with the Oakland A’s, no GM has done more with less than Arnold.
As for the Dodgers, they are the defending World Series champions. Correlate that Los Angeles won its second World Series since 2020 last year. The Dodgers have made the playoffs every year since 2013 and are the most popular team on the board.
Cause of their success and megabrand status, the casual sector tends to overvalue Los Angeles, which drives its prices far beyond what is warranted. The Dodgers are horrible betting values at home because a single loss is so costly that it takes a long time for a gambler to replenish.
In like manner to the Milwaukee Brewers, the other major surprise in Major League Baseball is the Seattle Mariners. Seattle catcher Cal Raleigh became an MLB superstar this year by hitting 60 home runs. The Mariners closed the regular season impressively, surpassing the Houston Astros and ending their dynasty in the process.
The Toronto Blue Jays may not receive much attention or generate a substantial amount of gambling handle. But for Wise Guys, that is all part of their appeal. Of great concern, the Blue Jays do not have a dominant pitching staff, which is their primary concern heading into the ALCS against the Mariners.