2024 Cy Young Odds: Betting Lines, Favorites for AL & NL Awards
There's some clarity and separation in the MLB Cy Young odds at our best MLB betting sites as we drift further into May.
The MLB Cy Young odds at our best sports betting sites still reflect the concerning pitcher injury list, which includes Grayson Rodriguez and Blake Snell, with Shane Bieber and Spencer Strider done for the season, and Gerrit Cole still sidelined.
As a result, there's an opportunity for others to rise, and many are taking advantage.
Baltimore Orioles ace Corbin Burnes has won the NL award before and sits near the top of the American League odds. However, Detroit Tigers southpaw Tarik Skubal surpassed him as the favorite at all of our best sports betting apps.
In the NL, Zack Wheeler of the Philadelphia Phillies and Tyler Glasnow of the World Series odds-favorite Los Angeles Dodgers were separating themselves, but now Shota Imanaga, Ranger Suarez, and Dylan Cease lurk not far behind.
Here's our look at the best 2024 Cy Young odds in the American and National League, along with some potential MLB picks, via our best sportsbooks.
Odds to win American League Cy Young 2024
(Odds updated May 15)
| Player | DraftKings | FanDuel | BetMGM | Caesars | bet365 |
|---|---|---|---|---|---|
| Tarik Skubal | +250 | +260 | +275 🔥 | +225 ❄️ | +250 |
| Corbin Burnes | +450 | +440 | +325 ❄️ | +400 | +450 |
| Pablo Lopez | +1000 🔥 | +700 | +700 | +625 ❄️ | +850 |
| Cole Ragans | +1300 | +1900 | +1400 | +1000 ❄️ | +1600 🔥 |
| George Kirby | +1500 ❄️ | +3000 🔥 | +2200 | +1800 | +2200 |
| Luis Castillo | +1800 🔥 | +1200 ❄️ | +1300 | +1600 | +1400 |
| Joe Ryan | +2000 | +3000 🔥 | +2200 | +2000 | +2500 |
| Logan Gilbert | +2200 | +2500 🔥 | +2000 | +1800 ❄️ | +2200 |
| Kevin Gausman | +2500 ❄️ | +5000 | +3500 | +7500 🔥 | +3300 |
| Tanner Houck | +2500 ❄️ | +5000 🔥 | +4000 | +3000 | +4000 |
AL Cy Young odds analysis
May 15, 2024: Burnes and Skubal are still close at the top, though the latter has been creating some distance lately.
As recently as a week ago, there was a split among our best sports betting apps regarding who should be the AL favorite, with Burnes the front-runner through FanDuel and bet365. Now, Skubal is the favorite everywhere.
There's a decent gap after those two, with George Kirby of the Seattle Mariners falling notably. He was listed at or close to +1600 almost across the board not long ago, but now the right-hander is up to +3000 through FanDuel, an outlier price you should pounce on now while the value lasts.
Odds to win National League Cy Young 2024
(Odds updated May 15)
| Player | DraftKings | FanDuel | BetMGM | Caesars | bet365 |
|---|---|---|---|---|---|
| Zack Wheeler | +300 | +350 🔥 | +325 | +300 | +300 |
| Shota Imanaga | +500 ❄️ | +800 🔥 | +600 | +600 | +650 |
| Tyler Glasnow | +550 🔥 | +500 | +450 | +450 | +500 |
| Ranger Suarez | +800 | +900 🔥 | +800 | +800 | +850 |
| Dylan Cease | +900 🔥 | +700 | +800 | +650 ❄️ | +800 |
| Zac Gallen | +1100 ❄️ | +2500 🔥 | +1600 | +1600 | +1800 |
| Freddy Peralta | +1300 | +1600 🔥 | +1300 | +1400 | +1400 |
| Yoshinobu Yamamoto | +1500 | +1800 🔥 | +1500 | +1600 | +1600 |
| Logan Webb | +1500 ❄️ | +2500 | +2000 | +2800 🔥 | +2000 |
| Sonny Gray | +1500 ❄️ | +2900 🔥 | +1600 | +2000 | +2200 |
NL Cy Young odds analysis
May 15, 2024: The top of the NL oddsboard is officially jam-packed.
Rising Chicago Cubs hurler Imanaga is the most significant mover recently. He was around +1500 a few days ago and is now as short as +500 through DraftKings, making him the second-biggest favorite there.
Similarly, San Diego Padres ace Dylan Cease has climbed from around +1200 to as short as +650. He's taken advantage of Freddy Peralta's mild struggles and suspension, with the Milwaukee Brewers' hurler going from being among the favorites to now a mid-pack contender.
Previous AL Cy Young winners
| Year | Player | Team | Preseason odds |
|---|---|---|---|
| 2023 | Gerrit Cole | New York Yankees | +700 |
| 2022 | Justin Verlander | Houston Astros | +2000 |
| 2021 | Robbie Ray | Toronto Blue Jays | N/A |
| 2020 | Shane Bieber | Cleveland Guardians | +900 |
| 2019 | Justin Verlander | Houston Astros | +1500 |
| 2018 | Blake Snell | Tampa Bay Rays | +10000 |
| 2017 | Corey Kluber | Cleveland Guardians | +400 |
| 2016 | Rick Porcello | Boston Red Sox | +20000 |
| 2015 | Dallas Keuchel | Houston Astros | +15000 |
| 2014 | Corey Kluber | Cleveland Guardians | N/A |
| 2013 | Max Scherzer | Detroit Tigers | +2000 |
Previous NL Cy Young winners
| Year | Player | Team | Preseason Odds |
|---|---|---|---|
| 2023 | Blake Snell | San Diego Padres | +3500 |
| 2022 | Sandy Alcantara | Miami Marlins | +600 |
| 2021 | Corbin Burnes | Milwaukee Brewers | +3500 |
| 2020 | Trevor Bauer | Cincinnati Reds | +2500 |
| 2019 | Jacob deGrom | New York Mets | +350 |
| 2018 | Jacob deGrom | New York Mets | +2500 |
| 2017 | Max Scherzer | Washington Nationals | +350 |
| 2016 | Max Scherzer | Washington Nationals | +1000 |
| 2015 | Jake Arrieta | Chicago Cubs | +4000 |
| 2014 | Clayton Kershaw | Los Angeles Dodgers | +500 |
| 2013 | Clayton Kershaw | Los Angeles Dodgers | +600 |
MLB Cy Young odds explained
One of the benefits of betting on the MLB Cy Young - as is the case with most player award futures markets - is that the odds on every option are relatively long to start the season. Therefore, by betting on MLB Cy Young, you can make your money go further by placing a smaller wager and winning more than you would with most daily markets.
The odds will shift throughout the season as pitchers separate themselves with their performances. It's just as important to track the progression of the league's best pitchers as it is to monitor the odds.
MLB Cy Young FAQs
Who are the Cy Young award favorites?
Tarik Skubal is the AL Cy Young favorite, and Zack Wheeler is the NL favorite.
When will the Cy Young winners be announced?
The 2023 Cy Young award winners were announced on Wednesday, Nov. 15. The 2024 awards should be announced around the same time, depending on when the World Series concludes.
How does Cy Young voting work?
The Cy Young awards are given out based on the voting from members of the Baseball Writers' Association of America. Writers from NL cities vote for the NL Cy Young, and the same is true for AL writers. In total, there are 30 votes tied to each award, with one representative from each team.
Writers submit their ballots before the beginning of the posteason. They rank their top-five selections, and points are given in descending order (first place gets seven points, second place gets four, third place gets three, fourth place gets two, and fifth place gets one). The player with the most points wins. In the event of a tie, the award is shared.
Who won the Cy Young awards in 2023?
Gerrit Cole of the New York Yankees won the American League Cy Young award in 2023.
San Diego Padres lefty Blake Snell took home the National League honors. In doing so, Snell became the seventh pitcher to win the Cy Young in both the AL and NL.
MLB betting odds pages
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Related pages
- Best Sports Betting Sites | Best Sportsbook Promos (U.S. only)
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