2025 Cy Young Odds: Snell Joins Dodgers Behemoth

Tarik Skubal and Chris Sale rightfully earned their first Cy Young awards after closing out excellent seasons for the Tigers and Braves, respectively. Now, Sale will have to contend with a full season of Blake Snell after he signed with the Dodgers.

Jason Wilson - Publishing Editor at Covers.com
Jason Wilson • Publishing Editor
Nov 27, 2024 • 14:31 ET • 7 min read
Zach Wheeler Emmanuel Clase Chris Sale Tarik Skubal MLB
Photo By - USA TODAY Sports

Tarik Skubal and Chris Sale entered the offseason as clear favorites to win AL and NL Cy Young awards in the MLB odds. There were no surprises, and both southpaws took home the hardware.

While odds are not yet available for 2025, we do know that Blake Snell will once again be competing on the Senior Circuit after inking a 5-year, $182-million contract with the Los Angeles Dodgers.

As we wait for 2025 MLB Cy Young odds, let's take a look at where the market stands.

Odds to win AL Cy Young award 2025

Odds will be posted when they become available.

AL Cy Young odds analysis

11/27/2024: Detroit Tigers lefty Tarik Skubal was unanimously named the 2024 AL Cy Young winner, earning all 30 first-place votes. He won the pitching Triple Crown and was generally impressive throughout the season. The Tigers have their sights set on greater things after reaching the postseason following an incredible final stretch, and Skubal should be along for the ride as he's under team control through 2026.

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Odds to win NL Cy Young award 2024

Odds will be posted when available.

NL Cy Young analysis

11/27/24: While not done quite as convincingly as Skubal, Chris Sale ran away with the NL Cy Young, winning his first such accolade in a long career. Like Skubal, Sale won the NL pitching Triple Crown and received 26 of the 30 possible first-place votes. 

He'll be in tough to repeat in 2025 after he finished the season hurt and is coming off his heaviest workload in years.

One challenger will be two-time Cy Young winner Blake Snell, who just inked a five-year contract with the Los Angeles Dodgers. He struggled early with the San Francisco Giants, but a lot of that can likely be chalked up to a late arrival to camp because he didn't sign until late March. Down the stretch, however, he was vintage Snell.

After returning from the IL on July 9, Snell went 5-0 with a 1.23 ERA and 114 strikeouts in 80 1/3 innings over 14 starts. Extrapolate those numbers across an entire season, and he's a three-time Cy winner. Part of that may have been due to pitching his home games at Oracle Park, but he's good enough — as long as he's healthy — to put up comparable numbers anywhere because he misses so many bats.

Oh, and he also threw a no-hitter...in Cincinnati...which is an aggressively hitter-friendly ballpark.

Previous Cy Young Award winners

Here are the last 10 winners of the AL and NL Cy Young Award, with Cleveland and the New York Mets each leading the way with three. Overall, the Brooklyn/Los Angeles Dodgers have the most Cy Youngs all time (12), followed by the Milwaukee/Atlanta Braves with eight and the Philadelphia Phillies, Boston Red Sox, and Mets with seven apiece.

Previous AL Cy Young winners

Year American League Winner
2024 Tigers Tarik Skubal
2023 Yankees Gerrit Cole
2022 Astros Justin Verlander
2021 Blue Jays Robbie Ray
2020 Guardians Shane Bieber
2019 Astros Justin Verlander
2018 Rays Blake Snell
2017 Guardians Corey Kluber
2016 Red Sox Rick Porcello
2015 Astros Dallas Keuchel

Previous NL Cy Young winners

Year National League Winner
2024 Braves Chris Sale
2023 Padres Blake Snell
2022 MarlinsSandy Alcantara
2021 Brewers Corbin Burnes
2020 Reds Trevor Bauer
2019 Mets Jacob deGrom
2018 Mets Jacob deGrom 
2017 Nationals Max Scherzer
2016 Nationals Max Scherzer
2015 Cubs Jake Arrieta

Pitchers with multiple Cy Young awards

Twenty-two pitchers have won multiple Cy Young Awards, led by Roger Clemens' seven trophies. Of those 22 winners, five are still active in the majors.

Pitcher Number of Cy Young Awards (Years)
Roger Clemens 7 (1986, 1987, 1991, 1997, 1998, 2001, 2004)
Randy Johnson 5 (1995, 1999, 2000, 2001, 2002)
Steve Carlton 4 (1972, 1977, 1980, 1982
Greg Maddux 4 (1992, 1993, 1994, 1995)
Seven different pitchers 3
11 different pitchers 2

Popular MLB futures markets

MLB Cy Young odds explained

Most sportsbooks will display odds in the American format as listed above. When Shane Bieber looked to have the AL Cy Young locked up in 2020, his odds had a minus (-) sign ahead of the number.

  • Shane Bieber -300

That means that a bettor in September had to wager $300 to win $100 by betting on Bieber. Before this year's race even began, every candidate had a (+) sign in front of their number.

  • Jacob deGrom +550

With deGrom's preseason odds, a bettor stands to profit $550 for every $100 wagered on him.

If American odds aren't your thing, simply use a tool like our odds converter to switch the odds to decimal or fractional format. Most online sportsbooks also give you the option to change the odds format that you see.

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MLB Cy Young Odds

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Jason Wilson Covers.com
Publishing Editor

Jason Wilson is an experienced journalist who has worked in a variety of roles within the industry for the past 18 years. Working at community newspapers in New Brunswick, Jason wore many hats as a reporter, editor, and photographer, covering everything from sports to courts to municipal politics. After shifting gears and working as an educator for a few years in the 2010s, Jason returned to full-time work in media as an MLB news editor for six years at theScore in Toronto before joining Covers in late 2021.

He has honed his editorial acumen over his years in the industry, showcasing flexibility, patience, and a strong work ethic. While he was relatively new to sports betting upon joining Covers, Jason has taken the plunge with gusto to learn the ins and outs of the industry, both as a method to improve professionally and to add an extra angle to his sports fandom.

In addition to sports, Jason is an avid film nut and former movie critic who monitors the Academy Awards betting odds for Covers. Jason holds a Bachelor of Arts in journalism degree and a Bachelor of Education degree from St. Thomas University.

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