The Major League Baseball’s July 31 trade deadline is the final opportunity for contenders to build out their rosters for a potential championship run.
The 2025 deadline turned into a busy day for both teams looking for an immediate answer to the holes on their roster, as well as teams looking forward to building out their rosters for the future. The Los Angeles Dodgers, New York Mets, New York Yankees and Philadelphia Phillies emerged as the odds on favorites to win the championship after making moves on July 31 to help bolster their rosters.
The defending champion Dodgers added a couple of relief arms and an outfielder to their roster, while the Mets and Phillies added major pieces to compete with one another in a competitive NL East.
Here’s a look at the updated odds for the 2025 MLB World Series champion:
2025 World Series odds
Odds via BetMGM as of Thursday, July 31.
Here’s a look at the odds for the MLB teams to win the 2025 World Series. The Dodgers are still the favorites, but the Mets, Yankees and Phillies are tied for the second best odds. The Detroit Tigers round out the top five, while the Houston Astros busy day on July 31 helped their odds.
1. Los Angeles Dodgers (+250)
T-2. New York Mets (+850)
T-2. New York Yankees (+850)
T-2. Philadelphia Phillies (+850)
5. Detroit Tigers (+950)
6. Houston Astros (+1100)
7. Chicago Cubs (+1200)
8. Toronto Blue Jays (+1500)
9. San Diego Padres (+1700)
T-10. Seattle Mariners (+1800)
T-10. Milwaukee Brewers (+1800)
T-12. Boston Red Sox (+2500)
T-12. Texas Rangers (+2500)
14. Cincinnati Reds (+8000)
T-15. San Francisco Giants (+15000)
T-15. Tampa Bay Rays (+15000)
T-17. Cleveland Guardians (+20000)
T-17. Kansas City Royals (+20000)
18. Saint Louis Cardinals (+50000)
T-19. Arizona Diamondbacks (+100000)
T-19. Atlanta Braves (+100000)
T-19. Baltimore Orioles (+100000)
T-19. Miami Marlins (+100000)
T-19. Los Angeles Angels (+100000)
T-19. Minnesota Twins (+100000)
T-19. Athletics (+100000)
T-19. Pittsburgh Pirates (+100000)
T-19. Washington Nationals (+100000)
T-29. Chicago White Sox (+200000)
T-29. Colorado Rockies (+200000)