MLB Cy Young Odds For 2023 Season

Betting Favorites And History

Written by

Sandy Alcantara and Justin Verlander were the respective Cy Young award winners in the NL and AL for this past season. Attention has already turned to Cy Young odds for the rapidly approaching 2023 season. Below we will look at all of the favorites to win the top pitching award in 2023.

Cy Young odds

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

AL Cy Young odds

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

NL Cy Young odds

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

Best Cy Young betting site(s)

UP TO $1,250 BONUS
New User Bonus. T&Cs Apply.
DraftKings Promo: Bet $5 Win $200
PLUS $50 Bonus Bet On Deposit
PLUS Up to $1,000 Deposit Bonus
To Claim: Click Bet Now
UP TO $1,250
On Caesars
Stream NFL Games In App For Free
+ get 1,000 Caesars Reward Credits 
+ also get 1,000 Tier Credits 
Redeem for Bet Credits, Hotel Stays, & More!
Use Promo Code: LEGALFULL
No Sweat First Bet
Big Game Promo: Up to $3,000 No Sweat First Bet
Available on iOS, Android & Desktop
To Claim: Click Bet Now

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
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