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Jackson Holliday #87 of the Baltimore Orioles hits a foul ball as we look at the best MLB Rookie of the Year odds
Jackson Holliday #87 of the Baltimore Orioles hits a foul in the first inning against the Philadelphia Phillies. Photo by Julio Aguilar/Getty Images via AFP.

A pair of Texas Rangers and Baltimore Orioles headline our oddsboard as we look at the 2024 MLB Rookie of the Year odds from our best MLB betting sites.

The 2024 MLB Rookie of the Year race is dominated by two teams in the American League.

Baltimore Orioles shortstop Jackson Holliday and outfielder Colton Cowser hope to follow in the footsteps of teammate Gunnar Henderson as the winner. After starting the season in the minors, Holliday - the No. 1 prospect in baseball - is officially in the majors, but it's his teammate who's making the biggest impact in this market.

Meanwhile, a pair of Texas Rangers studs who offer plenty of power and speed sit alongside the two Orioles rookies. However, Wyatt Langford's hold on his status as the favorite is no more following a cold start to the campaign

In the National League, highly paid Los Angeles Dodgers rookie starter Yoshinobu Yamamoto is the favorite. However, his lead over the rest of the field continues to slip as a few future stars begin to shine already.

Who will emerge as the two most valuable rookies in 2024? We break down the MLB Rookie of the Year odds from our best sports betting sites.

Odds to win AL Rookie of the Year

(AL Rookie of the Year odds as of April 17)

Evan Carter+300 +300+350 🔥+300
Colton Cowser+300 +300+300 +275 ❄️
Jackson Holliday+550+450 ❄️+600 🔥+550
Wyatt Langford+430 +400 +350 ❄️+450 🔥
Colt Keith+2200 +1800 ❄️+2500 🔥+2200
Ceddanne Rafaela+1700 +1500 ❄️+2800 🔥+1600
Junior Caminero+2700 🔥+2200+2200 +2500
Parker Meadows+3100 +2200 ❄️+2500 +3500 🔥
Wilyer AbreuN/A+2200 ❄️+3500 +6500 🔥
Nolan Schanuel+5000 +3000 ❄️+3500 +5000

AL Rookie of the Year odds analysis

April 17, 2024: Jackson Holliday is in the majors, but it's his Baltimore Orioles teammate, Colton Cowser, who's truly arrived. Cowser has exploded onto the scene for the Orioles, and our best sports betting apps have priced him as the co-favorite.

Texas Rangers designated hitter Wyatt Langford slipped to the four spot, while teammate Evan Carter sits atop the oddsboard with Cowser at our best sportsbooks.

Holliday should get on track soon, so these odds could serve as somewhat of a bargain. The same can be said for Langford, who's also off to a relatively cold start to the season.

Odds to win NL Rookie of the Year

(NL Rookie of the Year odds as of April 17)

Yoshinobu Yamamoto+250 ❄️+340 🔥+325 +300 +325 
Jackson Chourio+425 +500 +400+380 ❄️+550 🔥
Michael Busch+650+500 +500+700 🔥+450 ❄️
Shoto Imanaga+750 🔥+700 +700 +650 ❄️+700 
Jackson Merrill+800 🔥+700 +700 +550 ❄️+650 
Jared Jones+1100 +850 +900+800 ❄️+1100 
Jung Hoo Lee+1800 🔥+1300 +1400 +1200 +1100 ❄️
Paul Skenes+2000 ❄️+2300 +2200+2200 +2500 🔥
Gavin Stone+2000 ❄️+5000 🔥+2500 +4500 N/A
Masyn Winn+3000 ❄️+5000 +6600 🔥+4000+5000

NL Rookie of the Year odds analysis

April 17, 2024: Los Angeles Dodgers offseason addition Yoshinobu Yamamoto remains the favorite in this market, but a few electric hitters are chasing him down.

Milwaukee Brewers outfielder Jackson Chourio is as short as +380, and it would help him even further if the team moved him up in the order. However, he hasn't been nearly as impressive as Michael Busch and Jackson Merrill.

We could see those two overtake Chourio relatively soon, and they are much better bets at this point than he is.

One of the biggest movers since Opening Day is Pittsburgh Pirates right-hander Jared Jones, who's been phenomenal through four starts. He's struck out 32 through 23 innings, giving up only 16 hits and walking a pair. His +1100 odds at DraftKings and bet365 might be the best value on the board.

Past Rookie of the Year winners

Previous AL Rookie of the Year winners

2023Gunnar HendersonOriolesSS
2022Julio RodriguezMarinersOF
2021Randy ArozarenaRaysOF
2020Kyle LewisMarinersOF
2019Yordan AlvarezAstrosDH/OF
2018Shohei OhtaniAngelsDH/SP
2017Aaron JudgeYankeesOF
2016Michael FulmerTigersSP
2015Carlos CorreaAstrosSS
2014Jose Abreu White Sox 1B

Previous NL Rookie of the Year winners

2023Corbin CarrollDiamondbacksOF
2022Michael HarrisBravesOF
2021Jonathan IndiaReds2B
2020Devin WilliamsBrewersRP
2019Pete AlonsoMets1B
2018Ronald AcunaBravesOF
2017Cody BellingerDodgersOF
2016Corey SeagerDodgersSS
2015Kris BryantCubs3B/OF
2014Jacob deGromMetsSP

MLB Rookie of the Year odds explained

One of the benefits of betting on the MLB Rookies of the Year - as is the case with most player award futures markets - is that the odds on every option are relatively long to start the season. Therefore, by betting on Rookie of the Year, you can make your money go further by placing a smaller wager and winning more than you would with most daily markets.

The odds will shift throughout the season as players separate themselves with their performances. It's just as important to track the progression of the rookies as it is to the odds themselves.

MLB Rookie of the Year FAQs

Who are the Rookie of the Year favorites?

Evan Carter and Yoshinobu Yamamoto are the favorites to win Rookie of the Year in the American League and National League, respectively.

When will the Rookie of the Year winners be announced?

There's no set date for the announcement of the 2024 MLB Rookie of the Year Awards, but last season's winners were unveiled on Nov. 14, 2023.

Who won the Rookie of the Year awards in 2023?

Baltimore Orioles shortstop Gunnar Henderson won the award in the American League, and Arizona Diamondbacks outfielder Corgin Carroll was the National League's recipient.

MLB betting odds pages

Here are our best MLB betting sites:

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