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MLB Cy Young Odds 2025: Betting Lines, Favorites for AL & NL Awards
Pictured: Pittsburgh Pirates starting pitcher Paul Skenes is congratulated after a start against the Tampa Bay Rays. Photo by Kim Klement Neitze via Imagn Images.

The AL side of the Cy Young odds is intriguing, but our attention is on the reigning Rookie of the Year and significant favorite to win the NL Cy Young Award, Paul Skenes.

Skenes is trading at +300, the shortest odds of any pitcher in this market as the 2025 MLB season is underway. He's not the only youngster getting short odds, though.

New Boston Red Sox ace Garrett Crochet is the biggest favorite in the AL, just ahead of reigning winner Tarik Skubal. Meanwhile, New York Yankees ace Gerrit Cole's season ended before it started, opening a spot for some lesser-known pitchers.

πŸ”’ Odds to win American League Cy Young 2025

Live odds for the 2025 AL Cy Young from our best MLB betting sites.

πŸ§‘β€πŸ« AL Cy Young odds analysis

April 3, 2025: Skubal put together a campaign for the ages last year, 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.

He was the favorite to repeat at +380 odds, but Crochet has surpassed him with Skubal experiencing some relative struggles early in the season.

Crochet was the second-best pitcher in the AL last year and may have even challenged Skubal for the award had his innings not been limited.

MLB Cy Young Odds 2025: Betting Lines, Favorites for AL & NL Awards
Pictured: Detroit Tigers pitcher Tarik Skubal celebrates after a double play that ended the fifth inning against the Cleveland Guardians. Photo by David Richard via Imagn Images.

Crochet now pitches for the Red Sox, where the challenges of the AL East await. But few obstacles feel daunting for Crochet with his strikeout percentage (35.1) that ranked in the top 2% of MLB last year. As you'd expect whenever there's an exciting youngster to bet on, the highest ticket and handle percentage for this market at BetMGM were on Crochet before the season started.

Jacob deGrom and Logan Gilbert round out the top five at odds just longer than +1000. Cole was in that territory before it was announced he's done for the year.

πŸ”’ Odds to win National League Cy Young 2025

Live odds for the 2025 NL Cy Young from our best sports betting apps.  

πŸ§‘β€πŸ« NL Cy Young odds analysis

April 3, 2025: Skenes put together a mythical rookie campaign, and he serves as the NL Cy Young favorite as a result.

The towering righty struck out 170 batters over just 133 innings, leading to an 11.5 K/9. That effectiveness is a significant reason why he was the MLB strikeouts leader odds favorite heading into this season.

He wasn't just a punchout artist either, as Skenes suppressed offense to the tune of a 1.96 ERA. However, bettors at BetMGM preferred Zack Wheeler at his odds over Skenes ahead of the campaign. He was drawing the highest ticket (10.6%) and handle (11.6%) percentage.

Elsewhere, Chris Sale slots in at No. 3 after capturing this award last year, while Blake Snell and Corbin Burnes - both with new teams - round out the top five.

πŸ“œ AL Cy Young betting history

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

πŸ“œ NL Cy Young betting history

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

πŸ’‘ 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.

πŸ“– 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 odds favorites?

Garrett Crochet and Paul Skenes are the Cy Young odds favorites in the AL and NL respectively.

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.

🏟️ MLB betting odds pages

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