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The World Series has been the annual championship series of the highest level of professional baseball in the United States and Canada since 1903, concluding the postseason of Major League Baseball.

The World Series championship is determined through a best-of-seven playoff. Best-of-seven has been the format of all the modern World Series except in 1903, 1919, 1920 and 1921 when the winner was determined through a best-of-nine playoff.

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The New York Yankees of the American League have played in 39 of the 104 Series through 2008 and have won 26 World Series championships, the most of any Major League franchise and exactly one quarter of all World Series titles won to date. For the National League, the Dodgers have appeared in the Series the most at 18 times (9 each in Brooklyn and Los Angeles), but have won the Series only 6 times (once as Brooklyn, five times as Los Angeles). The St. Louis Cardinals have represented the National League 17 times and have won 10 championships, which is the second most of any Major League Team. The Chicago Cubs have the longest streak of not winning the World Series, with their last championship coming in 1908.

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