The Atlanta Braves and Los Angeles Dodgers are the early favorites to win the 2024 World Series.

The Texas Rangers won their first World Series in 2023. Can they repeat in 2024?

Read here for all you need to know about the World Series.

2024 World Series Odds

ATL Braves	+650
LA Dodgers	+650
HOU Astros	+1000
NY Yankees	+1000
PHI Phillies	+1100
TEX Rangers	+1100
TOR Blue Jays	+1200
BAL Orioles	+1500
NY Mets	+1800
SD Padres	+2000
TB Rays	+2000
ARI Diamondbacks	+2000

2024 World Series favorites

Atlanta Braves +650

The Braves were favored to win the 2023 World Series for much of the 2023 regular season, but they lost in the ALDS to NL East rivals the Philadelphia Phillies.

With their star-laden core of Ronald Acuna Jr., Matt Olson, Austin Riley, Sean Murphy, Ozzie Albies, and Michael Harris all signed through at least 2025, expect the Braves to contend each season in the near future.

Los Angeles Dodgers +650

The Dodgers, led by superstars Mookie Betts and Freddie Freeman, were favored to make a deep playoff run in the 2023 postseason. Instead, they were swept by World Series runners up the Arizona Diamondbacks in the NLDS.

Betts and Freeman are signed through 2028 and 2027 respectively, but only one other player, Chris Taylor, is signed beyond 2024. With a big group of players eligible for arbitration this offseason, the Dodgers have some flexibility. Expect them to go for top free agents like Shohei Ohtani this offseason.

Houston Astros +1000

As they have been for much of the past decade, the Astros are still one of the most talented teams in baseball. Yet with longtime stars Alex Bregman and Jose Altuve's contracts expiring after 2024, this group may be motivated to make what could be their final year in Houston a special one.

But their payroll is likely to rise in 2024, limiting their free agency flexibility. The team's entire starting outfield - Kyle Tucker, Corey Julks, Jake Meyers, and fourth outfielder Chas McCormick - are all eligible for either arbitration or pre-arbitration. The same goes for ace starting pitcher Framber Valdez, top reliever Bryan Abreu, and shortstop Jeremy Pena.

New York Yankees +1000

The New York Yankees traded for a huge difference maker when acquiring Juan Soto from the San Diego Padres on December 7, and it made a difference in the team's 2024 World Series odds.

Soto, a 25-year-old outfielder joins the Yankees after a disappointing season in which the team went 82-80 and missed the playoffs despite having American League Cy Young Award winner Gerrit Cole in the starting rotation. With only one designated hitter spot, it could be hard for the Yankees to accommodate Soto, Aaron Judge, and Giancarlo Stanton without sacrificing defense, but they should be fun to watch at the plate if they bounce back from the 2023 season.

Juan Soto traded to the New York Yankees

Philadelphia Phillies +1100

Built for October, the Phillies have run out of steam two seasons in a row during the postseason. They powered their way to the World Series in 2022 before falling to the Astros, and kept hitting the ball hard before their bats went cold against the Arizona Diamondbacks in the 2023 NLCS.

All of Philly's key players are signed for the foreseeable future. If they can hang onto Aaron Nola this offseason, add another dependable pitcher, and see more improvement from young players like Johan Rojas and Bryson Stott, anything is possible.

Texas Rangers +1100

A team has not repeated as World Series Champions since the New York Yankees won three in a row from 1998-2000. Having just captured the 2023 World Series, the Rangers will

Texas will likely keep the band together: 2023 World Series MVP Corey Seager, Marcus Semien, Nathan Eovaldi, and Jon Gray are all signed through 2024 at least, while the majority of the roster is arbitration eligible. Adolis Garcia, Nathaniel Lowe, Jonah Heim, and Evan Carter will likely see their salaries raise this offseason, and for good reason.

Odds displayed within this article were correct at the time of writing and are subject to change.