Cy Young Odds & Favorites 2025: Welcome to the Paul Skenes Era

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 with spring training games now underway. He's not the only youngster getting short odds though.
New Boston Red Sox ace Garrett Crochet is the second-biggest favorite in the AL, just behind reigning winner Tarik Skubal.
Meanwhile, last year's winner in the NL, Chris Sale, is slightly further down his oddsboard.
Odds to win American League Cy Young 2025
Live odds for the 2025 AL MVP Award from our best MLB betting sites.
AL Cy Young odds analysis
Feb. 12, 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.
Now he's the favorite to repeat while sitting at +425 odds, but Crochet isn't far behind at +650. For his part, 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.
There's a pair of legendary veterans rounding out the top five, as Jacob deGrom is trading at +1500 and Gerrit Cole is right behind him at +1600.
Odds to win National League Cy Young 2025
Live odds for the 2025 NL MVP from our best sports betting apps.
NL Cy Young odds analysis
Feb. 12, 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's the MLB strikeouts leader odds favorite heading into a new season.
He wasn't just a punchout artist either, as Skenes suppressed offense to the tune of a 1.96 ERA.
Elsewhere, Sale is trading as the third-largest favorite at +1100 as spring training contests begin, likely due to his injury history. Similarly, Blake Snell is trading at identical odds behind Skenes and Zack Wheeler.
Corbin Burnes jumps from an AL Cy Young candidate to one in the NL upon joining the Arizona Diamondbacks, and he rounds out the top five.
AL Cy Young odds history
Year | Player | Team | Preseason odds |
---|---|---|---|
2024 | Tarik Skubal | Detroit Tigers | +1000 |
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 |
NL Cy Young odds history
Year | Player | Team | Preseason odds |
---|---|---|---|
2024 | Chris Sale | Atlanta Braves | +3000 |
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 |
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 odds favorites?
Tarik Skubal is the favorite in the AL while getting +425 odds, which leads to an implied probability of 19.05%.
Meanwhile, Paul Skenes is the front-runner in the NL while receiving +300 odds, leading to a probability of 25%.
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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