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Detroit Tigers starting pitcher Tarik Skubal (29) pitches against the Cincinnati Reds in the first inning at Great American Ball Park. Skubal leads the MLB Cy Young Odds in the AL.
Detroit Tigers starting pitcher Tarik Skubal (29) pitches against the Cincinnati Reds in the first inning at Great American Ball Park. Photo by Katie Stratman/USA TODAY Sports via Imagn.

As was the case with the MLB MVP odds, this stopped being a race with a few weeks remaining in the season. Tarik Skubal and Chris Sale closed as massive favorites to win the AL and NL Cy Young Awards, respectively, and they both won fairly comfortably.

Skubal won the AL award unanimously after finishing as the pitching Triple Crown winner.

It was a similar story in the NL, with Sale earning 27 of the potential 30 first-place votes. He also finished as the pitching Triple Crown winner in the NL.

The final results beautifully combined honoring one of the game's best veteran pitchers to not win a Cy Young as well as one of baseball's brightest stars.

Odds to win American League Cy Young 2025

We'll add the odds for the 2025 AL Cy Young Award once our best sports betting sites begin to list prices.  

AL Cy Young odds analysis

Nov. 21, 2024: Skubal put together a campaign for the ages, capturing the pitching Triple Crown in the AL and helping lead his Tigers to a magical postseason run. He was unanimously voted as the AL Cy Young Award winner as a result.

One of the most significant concerns for Skubal's chances to win this award before the season began was a potential innings limit. Well, that certainly never came to fruition, as his 192 frames were the eighth-most leaguewide.

Joining Skubal as finalists were Kansas City Royals starter Seth Lugo and Cleveland Guardians Closer Emmanuel Clase.

They also both produced fantastic seasons, but no one was touching Skubal in this market.

Odds to win National League Cy Young 2025

We'll add the odds for the 2025 NL Cy Young Award once our best sports betting apps begin to list them.    

NL Cy Young odds analysis

Nov. 21, 2024: For his part, Sale did the unthinkable in the year 2024 following a handful of injury-plagued campaigns. Entering the season as arguably the best pitcher of this generation to never win a Cy Young Award, Sale will no longer need to carry that title.

That "honor" will perhaps belong to Zack Wheeler now. He'll add a second-place finish this year to his sixth-place showing last season and second-place finish in 2021. He was once again an absolute horse for the Phillies, logging 200 innings. However, a different pitcher simply outdid him.

And then there's the NL Rookie of the Year, Paul Skenes. He put together one of the most remarkable rookie campaigns we've ever seen, finishing with a 1.96 ERA and 11.5 strikeouts per nine innings. He didn't win this year after pitching only 133 innings, but there are surely multiple Cy Young Awards in his future.

Past AL Cy Young winners

YearPlayerTeamPreseason odds
2024Tarik SkubalDetroit Tigers+1000
2023Gerrit ColeNew York Yankees+700
2022Justin VerlanderHouston Astros+2000
2021Robbie RayToronto Blue JaysN/A
2020Shane BieberCleveland Guardians+900
2019Justin VerlanderHouston Astros+1500
2018Blake SnellTampa Bay Rays+10000
2017Corey KluberCleveland Guardians+400
2016Rick PorcelloBoston Red Sox+20000
2015Dallas KeuchelHouston Astros+15000
2014Corey KluberCleveland GuardiansN/A

Past NL Cy Young winners

YearPlayerTeamPreseason odds
2024Chris SaleAtlanta Braves+3000
2023Blake SnellSan Diego Padres+3500
2022Sandy AlcantaraMiami Marlins+600
2021Corbin BurnesMilwaukee Brewers+3500
2020Trevor BauerCincinnati Reds+2500
2019Jacob deGromNew York Mets+350
2018Jacob deGromNew York Mets+2500
2017Max ScherzerWashington Nationals+350
2016Max ScherzerWashington Nationals+1000
2015Jake ArrietaChicago Cubs+4000
2014Clayton KershawLos Angeles Dodgers+500

How to bet on the MLB Cy Young 

When betting on the Cy Young pick a reputable sportsbook offering Cy Young futures. Check the odds for various pitchers; for instance, if Pitcher A has +300 odds and Pitcher B has +800, Pitcher A is favored to win.

Decide how much to wager and place your bet. If you bet $100 on Pitcher A at +300 and they win, you’ll get $400 back ($300 profit + $100 stake). Keep an eye on pitcher performances throughout the season to gauge how your bet is shaping up.

Remember, if a pitcher performs exceptionally well or poorly, their odds will shift. Injuries to the pitcher or competitors can significantly impact their Cy Young chances.

The success of the pitcher's team can also influence their odds. Public betting trends play a role; if many people are betting on one pitcher, sportsbooks might adjust the odds to balance their risk.

Expert analysis and predictions can also influence how people bet, which in turn affects the odds.

Understanding these factors helps you make informed bets and potentially capitalize on favorable odds movements.

How to read MLB Cy Young odds

Odds are typically shown in a format like +300 or -150. Positive odds (e.g., +300) indicate how much profit you'd make on a $100 bet.

For example, a $100 bet at +300 odds would win you $300, plus your original $100 stake, totaling $400. Negative odds (e.g., -150) show how much you need to bet to win $100. So, a $150 bet at -150 odds would win you $100, plus your $150 stake, totaling $250.

These odds also reflect the implied probability of a pitcher winning the Cy Young Award. Lower odds (e.g., +200) suggest a higher likelihood of winning, while higher odds (e.g., +1000) indicate a lower likelihood. 

For example, if Pitcher A has +300 odds and Pitcher B has +800 odds, Pitcher A is considered more likely to win. If you bet $100 on Pitcher A and they win, you'd get $400 back ($300 profit + $100 stake).

Sportsbooks adjust these odds based on factors like pitcher performance, injuries, team success, and betting patterns. Understanding these odds helps you make informed betting decisions and assess potential returns.

MLB Cy Young FAQs

Who are the Cy Young award favorites?

Tarik Skubal closed as the AL Cy Young favorite, while Chris Sale was the NL favorite.

Who won the Cy Young awards last year?

Tarik Skubal of the Detroit Tigers won the American League Cy Young award in 2024.

Atlanta Braves southpaw Chris Sale took home the award for the National League.

When will the Cy Young winners be announced?

The 2024 Cy Young Award winners were announced on Wednesday, Nov. 20.

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 has won the most Cy Young awards?

Roger Clemens, seven, won more Cy Young awards than any other pitcher in MLB history. Randy Johnson, five, is second on the all-time list.

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