2024 MLB Cy Young Award odds: Chris Sale new NL favorite; Paul Skenes surging

Major League Baseball

Updated Jul. 18, 2024 1:24 p.m. ET

The second half of the MLB season is here. Therefore, it’s the perfect time to take a look at the odds for the Cy Young award.

In the AL, Tarik Skubal is the odds-on favorite to win the honor. His odds shortened to -130 from +100 over the last week.

Skubal is 10-3 on the season in 19 starts for the Detroit Tigers. He has a 2.41 ERA — second-lowest in the league — with 140 strikeouts. As a result of his performance so far, he was named to his first All-Star Game this season.

Over in the NL, Chris Sale has surged to the very top. Moving to +140 from +160, the Braves‘ pitcher has taken the No. 1 spot from Zack Wheeler on the Cy Young oddsboard.

Sale is 13-3 as a starter, has a 2.70 ERA and has 140 strikeouts.

Let’s dive into the most recent odds at DraftKings Sportsbook.

American League Cy Young Odds: *

Tarik Skubal,Detroit Tigers: -130 (bet $10 to win $17.69 total)

Corbin Burnes,Baltimore Orioles: +225 (bet $10 to win $32.50 total)

Logan Gilbert,Seattle Mariners: +1200 (bet $10 to win $130 total)

Seth Lugo, Kansas City Royals: +1400 (bet $10 to win $150 total)

Garret Crochet, Chicago White Sox: +2200 (bet $10 to win $230 total)

Tanner Houck,Red Sox: +2800 (bet $10 to win $290 total)

Luis Castillo, Seattle Mariners: +3000 (bet $10 to win $310 total)

Jack Flaherty, Detroit Tigers: +3000 (bet $10 to win $310 total)

Cole Ragans, Kansas City Royals: +3000 (bet $10 to win $310 total)

National League Cy Young Odds: *

Chris Sale, Atlanta Braves: +140 (bet $10 to win $24 total)

Zack Wheeler,Philadelphia Phillies: +150 (bet $10 to win $25 total)

Paul Skenes, Pittsburgh Pirates: +500 (bet $10 to win $60 total)

Ranger Suarez, Philadelphia Phillies: +1500 (bet $10 to win $160 total)

Logan Webb,San Francisco Giants: +2200 (bet $10 to win $230 total)

Tyler Glasnow,Los Angeles Dodgers: +2500 (bet $10 to win $260 total)

Max Fried,Atlanta Braves: +3500 (bet $10 to win $360 total)

Reynaldo López, Atlanta Braves: +3500 (bet $10 to win $360 total)

* odds as of 7/18/24

One player whose odds every bettor should be eyeing is rookie phenom Paul Skenes.

On the night of his first start, Skenes had +15000 odds to win the Cy Young. Now, he has skyrocketed up the board and has the third-best odds in the NL at +500.

Fun fact: The only rookie to win the Cy Young was Fernando Venezuela in 1981.

Before Skenes was announced as a starter for the 2024 All-Star Game, FOX Sports Lead MLB Analyst and Hall of Fame pitching great John Smoltz said the LSU product certainly deserved the opportunity.

“From a standpoint of excitement, yeah — and stuff and raw talent, probably yes,” Smoltz said.

“Whenever, though, you’re talking about rewarding somebody for starting the All-Star Game and somebody who’s pitched all year and is deserving, I think that’s where the nod should go.”

Who are you backing to win the Cy Young Awards this season?

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