The Chicago Cubs, one of baseball's most storied franchises, compete annually for the World Series championship. Based in Wrigleyville, the Cubs haven't won a World Series since 2016, when they broke a 108-year drought. Entering the 2026 season, the Cubs are viewed as underdogs in the highly competitive National League Central division. The prediction market currently prices the Cubs' World Series chances at 3%, reflecting both the depth of competition in Major League Baseball and market expectations for the team's performance this season. This low odds reflect the field's perception that other franchises—particularly those with stronger rosters or more recent championship pedigree—present better value for a 2026 World Series win. The market price implies approximately 1 in 33 odds of a Cubs championship. Over the course of the season, odds trajectories typically shift with team performance, injuries, trades, and playoff positioning. Traders monitor regular season records, divisional standings, and postseason odds to adjust their positions. The market resolves once the 2026 World Series concludes, typically in late October.