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  • This page monitors the average odds to win the 2024 AL and NL Cy Young Awards
  • Corbin Burnes (AL) and Spencer Strider (NL) are the favorites in the 2024 Cy Young odds entering the season
  • See where the MLB Cy Young odds sit now and how they have changed since opening

The graphs below display the average odds to win the 2024 AL and NL Cy Young Awards. The averages are calculated based on the odds available at reliable online sportsbooks.

Under the graphs, find an annotated timeline which describes major changes in the odds and why they happened.

Jump to: American League / National League

2024 American League Cy Young Odds

Corbin Burnes has overtaken Gerrit Cole as the favorite to win the AL Cy Young, thanks to Cole’s elbow injury during Spring Training.

  • Mar. 16: Gerrit Cole has been diagnosed with elbow nerve inflammation and will not throw for 3-4 weeks. As a result, his Cy Young odds have faded to +2500 and Corbin Burnes has taken over as the new favorite.
  • Feb. 27: Reigning champ Gerrit Cole (+523) starts as favorite in the 2024 AL Cy Young odds with Kevin Gausman (+700) a close second

Corbin Burnes is given the best odds to win the AL Cy Young at +800. Based on those odds, Burnes has an 11.1% chance to win the award. If you bet $20 on the Orioles’ ace, you would stand to win $160 and return $180.

After Burnes, we have Kevin Gausman (+850), Tarik Skubal (+1000), Framber Valdez (+1100), and George Kirby (+1200) to round out the top five contenders.

AL Cy Young odds above are updated every 15-60 minutes from top sportsbooks like DraftKings, FanDuel, and BetMGM. Claim a DraftKings promo code to bet on the AL Cy Young.   

Looking for the latest MLB odds? – Get current moneyline odds, run lines, and totals for all upcoming games today here.

2024 National League Cy Young Odds

Spencer Strider is heavily favored to win the NL Cy Young in 2024.

  • Feb. 27: Spencer Strider (+545) has opened as the favorite in the 2024 NL Cy Young odds over Zack Wheeler (+810) and Logan Webb (+1050).

Spencer Strider is the favorite to win the NL Cy Young with +450 odds. The next-best odds belong to Zack Wheeler at a distant +900. Based on Strider’s odds, he has an 18.2% chance to win the award. If you bet $20 on the Braves’ ace, your potential profit would be $90 and you would return $110.

After Strider and Wheeler, we have Max Fried (+1400), Logan Webb (+1500), and Zac Gallen (+1600) rounding out the top five contenders.

NL Cy Young odds above are updated every 15-60 minutes. 

AL Cy Young Winners by Team

Team Number of Cy Young Winners
Boston Red Sox 7
Baltimore Orioles 6
Cleveland Indians 6
Detroit Tigers 5
Oakland A’s 5
Toronto Blue Jays 4
Minnesota Twins 4
Kansas City Royals 4
New York Yankees 4
Houston Astros 3
Chicago White Sox 2
Milwaukee Brewers 2
Seattle Mariners 2
LA Angels 2
Tampa Bay Rays 2

NL Cy Young Winners by Team

Team Number of Cy Young Winners
Philadelphia Phillies 7
Los Angeles Dodgers 7
New York Mets 7
Atlanta Braves 6
Arizona Diamondbacks 5
Chicago Cubs 5
San Diego Padres 5
St. Louis Cardinals 3
San Francisco Giants 3
Houston Astros 2
Pittsburgh Pirates 2
Washington Nationals 2
Cincinnati Reds 1
Miami Marlins 1
Montreal Expos 1

The tables above pertain to 1967 to the present day. The Cy Young Award was first handed out in 1956, but for the first 11 years, there was only one award for both leagues.  Dodgers players won an additional five in that span. Yankee players won two. The Braves, White Sox, Pirates, and Angels won one.

AL Teams Without a Cy Young Winner

American League Teams Without a Cy Young Winner
Texas Rangers

The Rangers are the only American League club to have never produced a Cy Young winner. Texas came close in 1989 when Nolan Ryan led the league in strikeouts and finished fifth in Cy Young voting.

NL Teams Without a Cy Young Winner

National League Teams Without a Cy Young Winner
Colorado Rockies

Pitchers with Multiple Cy Young Awards

Pitcher Number of Cy Young Awards
Roger Clemens 7
Randy Johnson 5
Steve Carlton 4
Greg Maddux 4
Sandy Koufax 3
Pedro Martinez 3
Jim Palmer 3
Tom Seaver 3
Clayton Kershaw 3
Max Scherzer 3
Justin Verlander 3
Bob Gibson 2
Tom Glavine 2
Roy Halladay 2
Corey Kluber 2
Tim Lincecum 2
Denny McLain 2
Gaylord Perry 2
Bret Saberhagen 2
Johan Santana 2
Jacob deGrom 2
Blake Snell 2

Archived Cy Young Odds: 2023, 2022, 2021, 2020, 2019, 2018

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Sascha was a hockey player in his youth, a lawyer in his capricious mid-20s, and has been with SBD since 2014. He specializes in football, basketball, politics, baseball, and hockey.