American League Pennant Odds
The odds listed below were correct when published. For current MLB betting lines, see the live odds above.
- New York Yankees +180
- Tampa Bay Rays +230
- Cleveland Guardians +250
- Chicago White Sox +500
- Houston Astros +6000
- Boston Red Sox +12000
- Texas Rangers +15000
- Baltimore Orioles +20000
- Minnesota Twins +20000
- Detroit Tigers +50000
- Kansas City Royals +50000
- Los Angeles Angels +50000
- Oakland Athletics +50000
- Toronto Blue Jays +100000
- Seattle Mariners +100000
National League Pennant Odds
The odds listed below were correct when published. For current MLB betting lines, see the live odds above.
- Los Angeles Dodgers +120
- Milwaukee Brewers +260
- San Diego Padres +500
- Atlanta Braves +850
- Philadelphia Phillies +900
- Chicago Cubs +40000
- New York Mets +50000
- San Francisco Giants +50000
- St. Louis Cardinals +50000
- Miami Marlins +50000
- Colorado Rockies +50000
- Cincinnati Reds +50000
- Arizona Diamondbacks +50000
- Pittsburgh Pirates +50000
- Washington Nationals +100000
Pennant Winners By Year
Year | American League Winner | National League Winner |
2025 | Toronto Blue Jays | Los Angeles Dodgers |
2024 | New York Yankees | Los Angeles Dodgers |
2023 | Texas Rangers | Arizona Diamondbacks |
2022 | Houston Astros | Philadelphia Phillies |
2021 | Houston Astros | Atlanta Braves |
2020 | Tampa Bay Rays | Los Angeles Dodgers |
2019 | Houston Astros | Washington Nationals |
2018 | Boston Red Sox | Los Angeles Dodgers |
2017 | Houston Astros | Los Angeles Dodgers |
2016 | Cleveland Indians | Chicago Cubs |

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MLB Pennant Favorites
Pennant odds show each team's chances of winning the prize, with odds available throughout the season at Fanatics Sportsbook. Leading contenders to win the American League Pennant in 2026 include the New York Yankees, Tampa Bay Rays, and Cleveland Guardians.
Leading contenders to win the National League Pennant in 2026 include the Los Angeles Dodgers, Milwaukee Brewers, and San Diego Padres. Live Pennant odds are available above.
How to Read Pennant Odds
Pennant odds are typically displayed using American odds. A team listed at +600, for example, would return $600 in profit on a winning $100 bet, plus the original $100 stake. A World Series longshot at +3000 would return $3,000 in profit on the same $100 wager.
Lower positive odds generally indicate that the sportsbook views a team as more likely to win the Pennant. As expectations change throughout the baseball season, each team's odds can move accordingly.
What are Pennant Futures?
A Pennant futures bet is a wager on which team will its league - the American League (AL) or the National League (NL). The winner of each league will win the Pennant, and will play against each other in the World Series. Unlike betting on an individual MLB game, a Pennant futures wager can remain open for weeks or months.
Bettors can follow Pennant futures odds throughout the season to see how the market changes. Odds may shorten for teams that outperform expectations, while teams that struggle may see their odds lengthen.
How to Bet on Pennant Odds
To bet on the Pennant winner at Fanatics Sportsbook, navigate to the MLB futures markets and select the team you think will win the Pennant. Add the selection to your bet slip, enter your wager amount and review the potential payout before placing the bet.
Pennant odds can change throughout the season, so the odds available when a wager is placed may differ from those offered later in the year.
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