The reigning champions got stronger over the offseason and started 2025 with a sweep in the Tokyo Series. So, it's not a surprise to see the Los Angeles Dodgers priced as the runaway favorites.
Is there a team capable of challenging Shohei Ohtani and the Dodgers? Well, no team has been able to win back-to-back World Series since the New York Yankees won three straight from 1998-2000.
That brings us to the World Series market at Kalshi, which operates more like a stock market than a traditional sportsbook.
World Series Odds
The Dodgers beat the Yankees in the 2024 World Series, then added Blake Snell, Roki Sasaki, Tanner Scott, Kirby Yates and more to their talented squad.
Additionally, they opened the season with a two-game sweep in the Tokyo Series against the Chicago Cubs, and that was without Mookie Betts (illness) and 2024 World Series MVP Freddie Freeman (injury).
Kalshi's odds reflect that dominance as the Dodgers are priced at 26% to be celebrating in late October.
The 2021 champions, the Atlanta Braves, and last year's American League pennant winners, the New York Yankees, follow the Dodgers at 10%. The biggest free-agent signing of the offseason, Juan Soto, gives hope to the New York Mets (7%).
The rest of the candidates will probably vary greatly once the season is in full swing, with the Houston Astros (5%) trying to reassert their power in the American League and the Bryce Harper-led Philadelphia Phillies (5%) looking to make another playoff push.
What is Kalshi?
Different than a traditional sportsbook and available in all 50 states, Kalshi allows users to make predictions across several unique markets, including sports, entertainment, elections and even weather.
Kalshi operates on a contract-based system where users buy "contracts" (priced between 1–99 cents) based on whether they believe a specific event will happen. The price of each contract fluctuates in real time based on market sentiment, and like the stock market, traders can sell positions early to lock in profits (or minimize losses).
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