MLB Cy Young Odds For 2023 Season

Betting Favorites And History

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We have arrived at the two-month mark of the 2023 MLB regular season and starting to get a better feel for who the top contenders are for the coveted AL and NL Cy Young awards. As of May 30, the American League Cy Young odds favorites include Tampa Bay Rays ace Shane McClanahan (+350), Gerrit Cole (+400) from the New York Yankees and Shohei Ohtani (+600) of the Los Angeles Angels. Sportsbooks still have Braves’ ace Spencer Strider (+200) sitting atop the NL Cy Young odds board followed by Arizona Diamondbacks ace Zac Gallen (+225), Clayton Kershaw (+1200) from the Los Angeles Dodgers and Mitch Keller (+1200) from the Pittsburgh Pirates. Below we will take a look at all of the 2023 Cy Young favorites.

Cy Young odds

MLB Cy Young odds for the 2023 season have been updated by select sportsbooks. Check out AL and NL odds below.

AL Cy Young Favorites

Shane McClanahan (+360): McClanahan has shot up to the top of the leaderboard thanks to what is now an 8-0 record, 1.97 ERA, 1.13 WHIP and 16.2 percent swinging strike rate. The left-hander has allowed one run or less in four of the last five starts, and the totality of his body of work makes him a well-deserving front runner at the moment. 

Gerrit Cole (+400): Cole may have lost his perch atop the leaderboard, but he’s naturally still projected to be a top candidate for the award throughout the season. The right-hander was uncharacteristically knocked around by the Orioles in his most recent start May 23, but his record remains unblemished at 5-0 and it’s complemented by a 2.53 ERA, 1.14 WHIP and 0.8 HR/9 through 11 starts.

Shohei Ohtani (+600): Ohtani is human despite his otherworldly exploits in his dual roles, as he recently showed while pitching to a 6.12 ERA across a four-start span covering 25 innings. However, the right-hander bounced back with a six-inning quality start versus the Twins during which he recorded nine strikeouts, and he’s still boasting a 5-1 record, 3.05 ERA, 0.90 WHIP and career-best 12.2 K/9.

AL Cy Young Contenders

Joe Ryan (+1000): Ryan has seemingly been on an accelerated acclimation curve in the majors since Day 1, and he appears to be putting it all together in 2023 with a 7-1 record, 2.21 ERA, 0.95 WHIP, 10.3 K/9 and 0.6 HR/9 across his first 10 starts. Minnesota has plenty of offense to support him, and Ryan has already authored a pair of quality starts against the Yankees, as well as additional ones versus the dangerous lineups of the Guardians, Red Sox and Angels.

Kevin Gausman (+1200): Gausman only has a 2-3 record, but that’s largely belied by his 3.14 ERA, 1.08 WHIP, 11.6 K/9 and 0.9 HR/9. The right-hander’s luck/run support should even out over the course of the season, and with a potent Blue Jays offense behind him, he should remain a viable candidate throughout 2023 as long as good health prevails.

Longshot

Cristian Javier (+10000): Javier’s price is certainly eye-catching, and his current form implies that figure should get smaller in short order. The right-hander has four straight quality starts as of May 27, and he’s pitched to a 4-1 record, 2.59 ERA, 0.86 WHIP and 10.8 K/9 across the 41.2 innings covering his last seven turns. With Houston’s bats having woken up after a sleepy start, Javier could certainly go for long stretches of dominance as the season unfolds.

NL Cy Young Favorites

Spencer Strider (+240): Strider has been looking somewhat human of late, posting a 4.23 ERA, 1.27 WHIP and 1.3 HR/9 across his last five starts while yielding four runs on three occasions in that span. However, in a testament to his elite swing-and-miss ability, Strider still boasts a 15.6 K/9 in the sample, and there’s no questioning the idea he has the stuff to put up Cy Young-worthy numbers over the rest of the season.  

Zac Gallen (+260): Gallen continues to hold his spot just below the highest perch on the leaderboard, as he’s carrying a 6-2 record, 2.97 ERA, 1.02 WHIP and an excellent 5.4 K/BB ratio. Gallen has also surrendered just two home runs across 66.2 innings, and he’s allowing a very modest 83.8 mph average exit velocity on batted balls, an indication of how well he’s typically tying hitters up.

NL Cy Young Contenders

Clayton Kershaw (+1200): Kershaw is coming off the bereavement list Saturday for a tough matchup against the Rays, a turn the legendary lefty will take a 6-4 record, 2.98 ERA, 1.10 WHIP, 10.8 K/9 and 15.9 percent swinging strike rate into. Kershaw has had a couple of bumps in the road thus far, but his career body of work, savvy and offensive teammates all support the notion he’s capable of going on extended stretches of success.

Mitch Keller (+1200): Keller is certainly an unfamiliar name this high up the leaderboard, but the veteran righty has earned it by pitching to a 6-1 record, 3.01 ERA, 1.02 WHIP and career-best 30.7 percent strikeout rate across the 68.2 innings covering his first 11 starts. Keller’s .210 xBA, .265 xwOBA and 2.82 xERA all point to the fact his success is legitimate, making him an intriguing value option at the moment.

Logan Webb (+2000): Webb is another longer-shot candidate that’s a viable consideration, as his current 3-5 record is deceiving. The righty is complementing that sub-par mark with a 2.91 ERA, 1.11 WHIP and 9.0 K/9. Webb has a .232 xBA and .290 xwOBA as well, and he’s allowing just 82.7 mph average exit velocity on batted balls, along with a 4.6 percent barrel rate.

Longshot

Bryce Elder (+9000): Elder showed plenty of promise over his first 54 big-league innings in 2022, and he’s carried over the momentum thus far this season to the tune of a 3-0 record, 2.01 ERA, 1.17 WHIP and 0.6 HR/9. Elder doesn’t have the strikeout numbers of many of the top-tier candidates, but he appears capable of making up for it with plenty of upside in other categories.  

AL Cy Young odds

PlayerAL Cy Young Odds February 20AL Cy Young Odds March 22AL Cy Young Odds May 4AL Cy Young Odds May 30
Gerrit Cole+600+650+275+400
Shohei Ohtani+1200+1200+450+600
Shane McClanahan+1200+1200+700+350
Luis Castillo+1800+1700+1200+1400
Kevin Gausman+1500+1600+1200+1200
Framber Valdez+1500+1500+2000+1800
Sonny Gray+8000+8000+2200+2000
Jacob deGrom+500+550+2500+10000
Dylan Cease+900+900+2500+10000
George Kirby+7000+5000+2500+2000
Joe Ryan+4500+4500+2500+1000
Christian Javier+2000+1800+3500+10000
Shane Bieber+1000+950+4000+4500
Triston McKenzie+3500+3000+4000+15000
Nestor Cortes+4000+4000+5000+10000
Logan Gilbert+1800+1800+5000+4500
Pablo Lopez+4000+4000+5000+6000
Alek Manoah+800+800+6500+10000
Luis Garcia+8000+8000+7500--
Carlos Rodon+1000+1000+10000+15000
Robbie Ray+1500+1600----
Lucas Giolito+3500+3500+10000+10000
Lance Lynn+4000+4000+10000+10000
Tyler Anderson+5000+5000+10000+15000
Michael Kopech+5000+5000+10000+20000
Luis Severino+6000+6000+10000+15000
Jose Urquidy+6000+6000+10000+10000
Chris Bassitt+6000+7000+10000+10000
Cal Quantrill+8000+8000+10000+10000
Jon Gray+8000+8000+10000+10000
Mike Clevinger+8000+8000+10000+20000
Martin Perez+8000+8000+10000+15000
Marco Gonzalez+9000+9000+10000+15000
Brayan Bello+7000+7000+13000+15000
Jose Berrios+7000+7000+13000+15000
Kyle Gibson+8000+8000+13000+15000
Lance McCullers+3000+3000+13000+15000

NL Cy Young odds

PlayerNL Cy Young Odds February 20NL Cy Young Odds March 22NL Cy Young Odds May 4 NL Cy Young Odds May 30
Spencer Strider+1100+950+250+200
Zac Gallen+1700+1500+300+225
Max Fried+1000+1000+900+8000
Clayton Kershaw+4000+5000+1300+1200
Julio Urias+2000+2000+1700+3500
Max Scherzer+800+800+2500+7500
Sandy Alcantara+450+450+2500+5000
Zach Wheeler+1200+1200+2500+1500
Justin Verlander+600+600+3000+4500
Dustin May+10000+6000+3500+10000
Brandon Woodruff+2800+1900+3500+10000
Corbin Burnes+550+550+4000+6000
Aaron Nola+1200+1200+4500+7500
Yu Darvish+2200+2200+5000+6000
Logan Webb+2000+3000+5000+2000
Marcus Stroman+10000+10000+5000+6000
Kodai Senga+5000+5000+6500+13000
Joe Musgrove+1800+1900+6500+8000
Hunter Greene+5000+4000+6500+7500
Jordan Montgomery+10000+10000+8000+13000
Kyle Wright+3000+3000+9000+15000
Josh Hader+6000+6000+9000+13000
Blake Snell+3500+3500+9000+10000
Taijuan Walker+10000+10000+10000+15000
Tony Gonsolin+4000+4000+10000+10000
Jameson Taillon+8000+8000+10000+20000
Charlie Morton+7000+8000+11000+10000
Merrill Kelly+5000+5000+13000+10000
Sean Manaea+5000+6000+13000+20000
Trevor Rogers+6000+6000+13000+20000
Noah Syndergaard+10000+10000+13000+20000
Ranger Suarez+9000+9000+15000+15000
Adam Wainwright+10000+10000+15000+15000
Edwin Diaz+7000------

What happened last year?

Here are how AL Cy Young odds changed throughout the course of last season.

PlayerAL Cy Young Odds April 6AL Cy Young Odds May 15AL Cy Young Odds June 30AL Cy Young Odds July 20AL Cy Young Odds August 24AL Cy Young Odds September 8
Justin Verlander+1600+500+300+260-250-155
Dylan Cease+1400+700+1500+900+330+110
Shane McClanahan+1600+1200+280+205+1000+2700
Shohei Ohtani+1800+1000+100+700+5000+4000
Alek Manoah+700+1800+6000+4000
Framber Valdez+5000+10000+6000
Kevin Gausman+1600+650+1800+1700+6500+10000
Gerrit Cole+425+750+850+800+10000+10000
Nestor Cortes+2200+3000+10000+10000
Shane Bieber+700+1400+2500+3500+10000+10000
Martin Perez+5500+6000+10000+10000
Robbie Ray+900+4000+10000+7000+10000+10000
Michael Kopech+5000+7500+10000+10000
Tarik Skubal+4000+6000+6000+9000+10000+10000
Luis Severino+6000+10000+10000+10000
Joe Ryan+7000+10000+10000+10000
Frankie Montas+2000+4000+9000+10000+10000+10000
Lucas Giolito+1000+2000+10000+10000+10000+10000
Lance McCullers+1400+10000+10000+10000+10000+10000
Jose Berrios+2000+7000+10000+10000+10000+10000
Nathan Eovaldi+2500+5000+10000+10000+10000+10000
Sonny Gray+2500+10000+10000+10000+10000+10000
Lance Lynn+3000+10000+10000+10000+10000+10000
Eduardo Rodriguez+3500+10000+10000+10000+10000+10000
Chris Sale +4000+10000+10000+10000+10000+10000
Luis Garcia+4000+8000+10000+10000+10000+10000

And here are how NL Cy Young odds changed throughout the course of last season.

PlayerNL Cy Young Odds April 6NL Cy Young Odds May 15NL Cy Young Odds June 29NL Cy Young Odds July 20NL Cy Young Odds August 24NL Cy Young Odds September 8
Sandy Alcantara+1600+3000+250-125-300-330
Max Fried+2200+2000+1100+1500+1500+900
Julio Urias+2000+4000+6000+10000+8000+900
Zac Gallen+900
Tony Gonsolin+1900+1200+800+2200
Spencer Strider+6000
Edwin Diaz+4000+7500
Max Scherzer+600+500+5000+3000+4000+9000
Corbin Burnes+700+500+500+600+950+10000
Carlos Rodon+1800+700+1700+1900+4500+10000
Zack Wheeler+1000+3000+1300+1800+8000+10000
Joe Musgrove+2500+2000+550+1200+10000+10000
Aaron Nola+1800+4000+2200+3500+10000+10000
Pablo Lopez+4000+1600+4000+10000+10000+10000
Josh Hader +5000+10000+10000+10000
Kyle Wright+5500+10000+10000+10000
Yu Darvish+4500+7500+6000+10000+10000+10000
Logan Webb+1400+3500+6500+7000+10000+10000
Sean Manaea+2200+6000+8000+10000+10000+10000
Jack Flaherty+3500+15000+10000+10000+10000+10000
Luis Castillo+4000+15000+10000+10000+10000+10000
Chris Bassitt+3000+3500+10000+10000+10000+10000
Jacob deGrom+1200+6000+10000+10000+10000+10000
Brandon Woodruff+1000+2000+10000+10000+10000+10000
Walker Buehler+800+1600+10000+10000+10000+10000

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How to bet on the Cy Young

Placing an MLB futures bet on the AL or NL Cy Young award is all about mixing risk with reward. Your bet of choice will need to stay healthy and approach both 30 starts and 200 innings in a normal 162-game season. This is made more complicated by needing to target pitchers likely to rack up more than 200 strikeouts.

Preseason odds are assigned based on past pitcher and team success, and they’ll be regularly updated throughout the season based on current performance, as well as the public’s betting action. The favorites, as seen above, generally are the aces of teams expected to get to the MLB Playoffs. Getting top value means bettors need to correctly predict who’ll be the best pitcher on the team that will best exceed their expectations.

As mentioned earlier, many teams are stocked with two or even three “aces” in their starting five. This means that come voting season these pitchers will be sharing, or splitting, votes among themselves. It’s wise to target the more proven commodities on these teams, as they’re viewed as the de facto No. 1 option by those who aren’t true fans of the team.

The odds are best before the season, and they’ll become less and less profitable as the favorites emerge mid-way through the season. Bieber, who won last season’s AL Cy Young Award, opened with +330 odds at FanDuel for this season. This would return a profit of $330 on a $100 bet if he were to go back-to-back.

Where can I bet on the Cy Young Award?

An extensive list of MLB futures odds, including AL and NL Cy Young, are available at all legal and regulated US sportsbooks, such as DraftKings Sportsbook, FanDuel Sportsbook, and PointsBet.

To access these odds, head to the primary MLB/Baseball tab at your online book of choice. From there, select Futures from a drop-down menu and proceed to Player Futures or Awards. The American and National League Cy Young contenders will be displayed on separate lists or charts. The betting options will include all pitchers (starters and relievers) the books view as viable Cy Young candidates. Emerging contenders will be added throughout the year and injured or struggling pitchers may be dropped from the options.

How the Cy Young Award is decided

As discussed above, players from the same team often need to split votes. This is because the Cy Young voters from the Baseball Writers’ Association of America are chosen from each MLB city. The local BBWAA chapter chairman of each city recommends two beat writers from daily newspapers, magazines or select websites. Writers from National League cities then vote for the NL Cy Young award and writers from American League cities vote for the AL Cy Young award.

Each writer is able to submit a ballot of five players for the Cy Young award. These ballots must be submitted prior to the start of the postseason and votes are then tallied based on a points system. A first-place vote is worth 7 points. Second-place is 4 points, third is 3 points, fourth is 2 points and a fifth-place vote is worth a single point.

Unlike with the MVP awards being open to the writer/voter’s interpretation of what Most Valuable Player may mean, the Cy Young simply goes to the best pitcher from either league. To be regarded as a top contender, pitchers must remain relatively healthy all season, and reach the desired statistical milestones of each voter.

The most hotly-debated issue when it comes to who’s worth a vote is “pitcher wins”. Some writers will discredit a hurler for finishing with a win-loss record below .500, or at least below another comparable pitcher. Others base their vote(s) purely on more individual pitcher statistics such as ERA, xFIP, and strikeout and walk rates.

Cy Young betting history: recent winners

YearAL WinnerOddsNL WinnerOdds
2022Justin Verlander (HOU)+1600Sandy Alcantara (MIA)+1600
2021Robbie Ray (TOR)+20000Corbin Burnes (MIL)+4000
2020Shane Bieber (CLE)+1200Trevor Bauer (CIN)+2000
2019Justin Verlander (HOU)+1500Jacob deGrom (NYM)+350
2018Blake Snell (TB)+10000Jacob deGrom (NYM)+2500
2017Corey Kluber (CLE)+4000Max Scherzer (WAS)+350
2016Rick Porcello (BOS)+20000Max Scherzer (WAS)+10000
2015Dallas Keuchel (HOU)+15000Jake Arrieta (CHC)+4000
2014Corey Kluber (CLE)N/AClayton Kershaw (LAD)+500
2013Max Scherzer (DET)+2000Clayton Kershaw (LAD)+600
2012David Price (TB)+700R.A. Dickey (NYM)N/A
2011Justin Verlander (DET)+1000Clayton Kershaw (LAD)+1500
2010Felix Hernandez (SEA)+500Roy Halladay (PHI)+250