Cy Young Odds

Odds to win the NL Cy Young Award and AL Cy Young Award are available at online sportsbooks year-round, but the market is very dynamic. That means your Cy Young odds and possible rate of return change throughout the regular season.

Betting on World Series futures odds is the most popular futures bet in baseball, but betting Cy Young futures odds is right up there. Here’s a roadmap to betting on the Cy Young Award winners for the next MLB betting season including current Cy Young odds at legal US online sportsbooks.

2021 AL Cy Young odds

See below for current AL Cy Young odds for the top candidates at legal online sportsbooks. If you see odds you like, click on the odds to go straight to the sportsbook, claim your free bets and get your AL Cy Young bets in.

2021 NL Cy Young odds

See below for current live NL Cy Young odds for the top candidates at legal online sportsbooks. If you see odds you like, click on the odds to go straight to the sportsbook, claim your free bets and get your NL Cy Young bets in.

Cy Young betting apps

draftkings live betting app

DraftKings Sportsbook: Cy Young Award odds can move quickly after a big performance (or stretch of performances) so having access to the sportsbook app, where you can get a bet down at your preferred odds instantaneously, is ideal. DraftKings’ Flash Bet is also top-of-the-line for making in-game bets and props.

FanDuel Sportsbook: The FanDuel app is widely known for its parlay insurance, odds boosts, and highly competitive odds. Fast payouts are another asset with deposits and withdrawals easily made via app alone.

How an MLB Cy Young futures bet works

A Cy Young Award bet is deemed a futures bet, which means you won’t know the result for a good amount of time. Normally, a baseball season is six months long. That means you’d have to be willing to be separated from your investment for at least that long.

Also, keep in mind that all bets made on the winner of the Cy Young are considered action—meaning the bet is locked-in regardless of whether the player is injured or the season is shortened/canceled. If none of that dissuades you from taking a shot, you’ll put yourself in a position to make some good coin should you pick the winner.

Every player has plus-money attached to them meaning you’ll take home more than you initially have to pony up should the BBWAA select them as the winner of the award. For example, Stephen Strasburg offers up a 12-1 return on investment meaning you’d win 12x whatever amount you ultimately decide to put down. Throw $100 on it, and you just made yourself $1,200 should he win it for the first time in his career.

Cy Young betting trends

There has only been one first-year player to win the Rookie of the Year and Cy Young Awards in the same season; Fernando Valenzuela won it all back in 1981. In other words, don’t waste any beer money aligning yourself with any rookies when deciding on who to back on the Cy Young Award futures odds this upcoming baseball season.

Look for established power arms with:

  • High strikeout tallies
  • Low walks
  • Incredible ERAs

These guys are the ones you want to target when perusing the list of your sportsbook’s offerings.

Don’t Be Afraid to Back Multiple Cy Young Winner

Look at the National League wins over recent seasons. Jacob deGrom amassed a total of 21 wins prior to 2020, yet entered the pandemic-shortened season looking to put a third straight Cy Young Award on his mantle.

Dating back to the turn of the century, there has been one Cy Young Award winner in the National League to win the award with an ERA north of 3.00. The American League saw it occur five times during that same stretch, but you must take into account the extra bat AL pitchers are forced to deal with.

Rick Porcello’s 3.15 ERA back in 2016 represents the only 3+ ERA in the American League dating back to the 2007 season when C.C. Sabathia took home the honors.

A total of 21 pitchers have won the award multiple times, so don’t be afraid to back someone that’s won it recently. Before deGrom won the last two, it was Max Scherzer that took two straight in 2016 and 2017. Before him, it was Clayton Kershaw in 2013 and 2014.

Other recent multiple Cy Young winners are Corey Kluber (2014/2017) and Tim Lincecum (2008-09).

MLB Cy Young Award winners past 10 years

The Cy Young Award was first introduced in 1956, the year after Hall of Fame pitcher Cy Young passed away. For a decade, it was only given to one pitcher in all of baseball.

That changed in 1967 when it was decided that a pitcher from both the National League and American League would win the award. The Baseball Writers’ Association of America now decides each league’s respective winner. Here’s who they’ve picked of late:

YearAmerican LeagueNational League
2021Robbie RayCorbin Burnes
2020Shane BieberTrevor Bauer
2019Justin VerlanderJacob deGrom
2018Blake SnellJacob deGrom
2017Corey KluberMax Scherzer
2016Rick PorcelloMax Scherzer
2015Dallas KeuchelJake Arrieta
2014Corey KluberClayton Kershaw
2013Max ScherzerClayton Kershaw
2012David PriceR.A. Dickey
2011Justin VerlanderClayton Kershaw

More MLB futures odds

  • Odds to Win World Series
  • Odds to Win American League
  • Odds to Win National League
  • Odds to Win Division
  • Regular Season Win Totals
  • American League MVP
  • National League MVP
  • American League Rookie of the Year
  • National League Rookie of the Year
  • Home Run Leader
  • Hits Leader
  • RBI Leader
  • Stolen Base Leader
  • Runs Leader
  • Strikeout Leader
  • Most Saves

Cy Young Betting FAQ

Each league’s award is voted on by members of the Baseball Writers’ Association of America (BBWAA). A weighted sum of votes ultimately selects the winner in each league.

Roger Clemens owns the most all-time Cy Young Awards (7), yet still hasn’t been enshrined into baseball’s Hall of Fame.

Behind him are Randy Johnson (5), Steve Carlton and Greg Maddux who have each won it four times. Only six players have gone on to win the award in both leagues; Johnson and Clemens are two of them.

The Los Angeles Dodgers hold the record of most Cy Young Award winners (12).

Most baseball aficionados will flashback to Bartolo Colón winning the 2005 AL Cy Young award over Johan Santana as one of the most controversial decisions ever. Though wins normally don’t come into play when selecting the winner, it most certainly did this time around.

Colon finished his regular-season campaign with a league-high 21 wins. However, his counting stats paled in comparison to Santana’s whose ERA was nearly a run lower. On top of that, he racked up a 238:45 K/BB ratio compared to Colon’s 157:43 and also played to a 7.2 WAR compared to Colon’s 4.0. Santana was robbed; highway style!

Pedro Martinez’s 1999 and 2000 seasons were nothing short of magical. They were also near carbon copies of one another. What made both efforts all the more impressive leading to successive Cy Young wins was the fact that they occurred during the steroid era with guys like Mark McGwire, Sammy Sosa, and Barry Bonds hitting balls out of the yard with relative ease.

He logged the lowest FIP since the end of the dead-ball era and set the record for strikeout rate that went unbroken until 2019. He also won the Triple Crown with a 23-4 record, 2.07 ERA and 313 strikeouts; can you say dominance?

Yes, especially recently. A total of 21 pitchers have been multiple Cy Young Award winners. Of those hurlers, 11 of them won the award in back-to-back seasons. Jacob deGrom, Max Scherzer, Clayton Kershaw, Tim Lincecum, and Randy Johnson have all pulled off the feat since the turn of the century.

Of course, the best time to bet the Cy Young is before the hype train leaves the station for a particular player. That’s when you’ll receive the most line value at online sportsbooks of said player. Even so, it’s always fun to make these types of investments for the season just to keep things fresh and interesting.

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