Based on the elastohydrodynamic theory, the nonlinear dynamic behavior of worn oil-lubricated rolling bearings is explored, and the dynamic response including the effect of trajectory of the axis center, the accelerated speed, and the film thickness is analyzed. The worn model is represented by the worn depth. The discrete iterative method and implicit Euler method are combined to solve the dynamic equations. In numerical examples, the trajectory of the axis center, the accelerated speed and the film thickness under different worn depths are discussed. It is found that the stabilized point shows significant variation with the worn depth, and the wear effect is also quite related with the rolling speed. The trajectory of the axis center of worn bearing subjected to a step load is also examined in detail.