2024 Cy Young Odds: Southpaw Skubal Shines

Tarik Skubal put together another dynamite performance as he helps push the Tigers toward an unlikely postseason berth. He's almost a foregone conclusion to win AL Cy Young and the market is reflecting this with odds off the board at all books.

Jason Wilson - Publishing Editor at Covers.com
Jason Wilson • Publishing Editor
Oct 1, 2024 • 15:12 ET • 7 min read
Zach Wheeler Emmanuel Clase Chris Sale Tarik Skubal MLB
Photo By - USA TODAY Sports

As the 2024 MLB season nears its conclusion, the Cy Young races appear to be wrapped up.

Tarik Skubal and Chris Sale lead the MLB odds to win the AL and NL Cy Young Awards, respectively. Skubal has the AL side all but wrapped up and while Zack Wheeler has pushed Sale at times, the southpaw holds the edge with only a couple of days left on the calendar.

Let's look at the latest MLB Cy Young odds.

Odds to win AL Cy Young award 2024

Player DraftKings Caesars bet365
Tigers Tarik Skubal -5,000 -5,000 -5,000
Royals Emmanuel Clase  +2,500 +1,800 +2,500
Royals Seth Lugo  +4,000 +4,000 +4,000
Royals Cole Ragans +5,000 +4,500 +8,000
Orioles Corbin Burnes +6,000 +5,500 +5,500

Odds OTB as of 9-25.

AL Cy Young odds analysis

10/1/2024: Detroit Tigers lefty Tarik Skubal wrapped up the pitching Triple Crown by leading the AL in wins (18), strikeouts (228), and ERA (2.39).

He helped lead the Tigers back to the postseason for the first time since 2014. He is a sure thing to win the AL Cy Young, making him the first Tigers pitcher to earn the honor since Max Scherzer in 2013.

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Odds to win NL Cy Young award 2024

Player DraftKings Caesars bet365
Braves Chris Sale OTB OTB -2,500
Phillies Zack Wheeler OTB OTB +1,200
Pirates Paul Skenes OTB OTB +4,000
Giants Logan Webb OTB OTB +20,000
Padres Dylan Cease OTB OTB +20,000

Odds as of 9-25.

NL Cy Young analysis

10/1/24: You can make an argument in favor of Zack Wheeler over Chris Sale, but it's almost entirely based on innings. Wheeler paced the Atlanta Braves lefty by completing exactly 200 innings compared to 177 2/3 for Sale. But Sale, like Skubal in the AL, captured the pitching Triple Crown by leading the Senior Circuit in wins (18), strikeouts (225), and ERA (2.38).

It will be a total shame if Sale is forced to miss the postseason due to back spasms, but he should finally hoist a Cy Young award. Assuming this holds true, he will be the first Atlanta pitcher to win since Tom Glavine back in 1998. 

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, Philadelphia Phillies, Boston Red Sox, and Mets with seven.

Previous AL Cy Young winners

Year American League Winner
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
2014 Guardians Corey Kluber
2013 Tigers Max Scherzer

Previous NL Cy Young winners

Year National League Winner
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
2014 Dodgers Clayton Kershaw
2013 Dodgers Clayton Kershaw

Pitchers with multiple Cy Young awards

There are 22 pitchers who have won multiple Cy Young Awards, led by Roger Clemens' seven trophies. Of those 22 winners, six are still currently 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

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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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