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Pittsburgh Pirates starting pitcher Paul Skenes pitches against the San Francisco Giants, and he headlines the latest MLB Rookie of the Year odds.
Pittsburgh Pirates starting pitcher Paul Skenes pitches against the San Francisco Giants. Photo by Charles LeClaire/USA TODAY Sports.

It's Paul Skenes' world, and we're just living in it. The Pittsburgh Pirates phenom is a runaway freight train by the NL Rookie of the Year odds at our best MLB betting sites, while the AL race is much more tightly contested.

Judging by the Rookie of the Year odds, the NL race is, well, no longer a race.

Paul Skenes is as short as -1200, odds which come with an implied probability of 92.31% that he'll win this award. At one point, it seemed impossible that Skenes would be able to make up the ground on fellow rookie pitchers Shota Imanaga and Yoshinobu Yamamoto due to his delayed debut, but he's a massive favorite only two months later.

There is at least a competitive race in the AL, though. Following a dreadful start, Wyatt Langford has played well following his return from the IL, and he's once again the favorite - just as he was before the season started. Following closely behind him is New York Yankees right-hander Luis Gil.

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 apps.

Odds to win AL Rookie of the Year

(AL Rookie of the Year odds from our best sports betting sites as of July 21 | 🔥 = best odds | ❄️ = worst odds)

PlayerDraftKingsFanDuelBetMGMbet365
Wyatt Langford+125 +135 🔥+120 ❄️+125
Luis Gil+225 🔥+170 ❄️+200+200
Colton Cowser+550 ❄️+1100 +1200 🔥+700
Ceddanne Rafaela+800 ❄️+1100 🔥+1000+900 
Wilyer Abreu+1100 ❄️+1800 +2000 🔥+1400
Mason Miller+1200 ❄️+1400+1600 🔥+1400
Colt Keith+2200+2300 🔥+2200+2200
Ben Rice+4000 +2500 +2500+4000
David Hamilton+4500 ❄️+5000 +5000 +5000
Brooks Lee+4500 ❄️+5000+5000+5000

AL Rookie of the Year odds analysis

July 21, 2024: Not long after we solved Mason Miller's Rookie of the Year eligibility in mid-June, a new favorite emerged at our best sportsbooks.

Langford holds a slight lead over Gil before a steep dropoff in the odds, and he's maintaining that position while regularly raking.

He's jumped from around +350 to as short as +120. Langford cooled off a bit in early July before the All-Star break, but he's holding on to his perch atop the board on the strength of a sizzling June when he slashed .309/.368/.526.

Meanwhile, Gil's stretch of three straight starts allowing four-plus earned runs (including a worst of seven) led to a fall down the board to rest behind Langford. However, he rebounded well, giving up just two earned runs across his 12 2/3 innings over two starts before the All-Star break, a run that included 16 strikeouts and just one walk.

Odds to win NL Rookie of the Year

(NL Rookie of the Year odds from our best sports betting sites as of July 21 | 🔥 = best odds | ❄️ = worst odds)

PlayerDraftKingsFanDuelBetMGMbet365
Paul Skenes-1000-1100-1200 ❄️-1000
Jackson Merrill+500+550+500 +550
Shota Imanaga+2000+2000 +2200 +2200
Joey Ortiz+2200 ❄️+5000 +5000 +2500
Michael Busch+2500 ❄️+4700 +5000 🔥+4000
Gavin Stone+3000 ❄️+4400 +5000 🔥+4000
James Wood+3000 ❄️+9000 🔥+6600 +6500
Masyn Winn+3500 ❄️+5500 🔥+5000 +4500
Jared Jones+5000 ❄️+10000+10000+8000
Rece Hinds+5000  +5500+5500+5000

NL Rookie of the Year odds analysis

July 21, 2024: Skenes isn't just beating the field. He's lapped it several times.

He's now trading at around a laughable -1000 through our best sportsbooks, which leads to an implied probability of 90.91%.

Skenes is overpowering everyone en route to an astronomical 12.1 K/9. He's allowed more than two earned runs just twice over 11 starts so far and boasts a shining 1.90 ERA.

There's a chasm between Skenes and the field. Los Angeles Dodgers pitcher Yoshinobu Yamamoto was the runaway favorite in this market for nearly a month earlier in the season, but he's fallen out of consideration following an injury to his rotator cuff.

Jackson Merril is the only other NL rookie listed below +2000, and in any other season, he'd be receiving serious consideration, especially after the San Diego Padres outfielder erupted during June, clubbing nine home runs and slashing .320/.346/.651.

Past AL Rookie of the Year winners

YearPlayerTeamPositionPreseason odds
2023Gunnar HendersonOriolesSS+250
2022Julio RodriguezMarinersOF+400
2021Randy ArozarenaRaysOF+350
2020Kyle LewisMarinersOFOFF
2019Yordan AlvarezAstrosDH/OF+2000
2018Shohei OhtaniAngelsDH/SPN/A
2017Aaron JudgeYankeesOFN/A
2016Michael FulmerTigersSPN/A
2015Carlos CorreaAstrosSSN/A
2014Jose Abreu White Sox 1BN/A

Past NL Rookie of the Year winners

YearPlayerTeamPositionPreseason odds
2023Corbin CarrollDiamondbacksOF+400
2022Michael HarrisBravesOFOFF
2021Jonathan IndiaReds2BOFF
2020Devin WilliamsBrewersRPOFF
2019Pete AlonsoMets1B+600
2018Ronald AcunaBravesOFN/A
2017Cody BellingerDodgersOFN/A
2016Corey SeagerDodgersSSN/A
2015Kris BryantCubs3B/OFN/A
2014Jacob deGromMetsSPN/A

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?

Wyatt Langford (+135) and Paul Skenes (-1000) 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 last year?

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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