Cy Young Odds & Favorites 2025: Skenes is Growing his Lead

Tarik Skubal remains the favorite to repeat as the AL Cy Young winner, with Paul Skenes rising in the NL.
Cy Young odds
Pictured Pittsburgh Pirates starting pitcher Paul Skenes throws a pitch as we look at the Cy Young odds. Photo by Benny Sieu / Imagn.

The Cy Young odds are tightening in one league, while there's a new challenger in the other.

Garrett Crochet, who's getting +220 betting odds, is starting to get larger in Tarik Skubal's rearview in the AL, with the leader sitting at -250 odds after some recent stumbles.

Meanwhile, Paul Skenes still owns a healthy lead in the NL while sitting at -475 odds, but he's now facing a different Philadelphia Phillies pitcher as his primary challenger with Zack Wheeler on the IL. Wheeler's teammate Cristopher Sanchez had been lurking as an intriguing long shot for a while, and now he's getting +280 odds.

🔢 American League Cy Young odds 2025

Live odds for the 2025 AL Cy Young from our best MLB betting sites.

🔢 National League Cy Young odds 2025

Live odds for the 2025 NL Cy Young from our best sports betting apps.  

🏆 Who’s the betting favorite to win the NL Cy Young?

🏴‍☠️ Paul Skenes

📊 Best odds: -425 via DraftKings ($10 to win $2.35)
🔢 Implied win probability: 80.95%

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Skenes has endured the odd hiccup, but he's been mostly dominant and/or downright scary. A prime example came throughout the month of July, when he allowed a mere two earned runs across 27 innings.

That boosted his pursuit of the league's highest individual pitching honor even further, one year after Skenes was named the NL Rookie of the Year.

🎯 My best NL Cy Young pick

🔔 Cristopher Sanchez

📊 Best odds: +280 via Caesars ($10 to win $28)
🔢 Implied win probability: 26.32%

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Wheeler is on the IL after needing to undergo a procedure to resolve a blood clot near his right shoulder. His absence will be painful for the World Series odds-contending Phillies, though they boast enough quality pitching talent elsewhere, and Sanchez is central to that.

Sanchez's rise up began last year when he finished on the outskirts of the Cy Young voting in 10th, which came after he posted what was a career-best 3.32 ERA. His output in that area is significantly better now, especially in July when Sanchez's ERA sat at a shining 1.95 during the month.

Like Wheeler before him, Sanchez faces a tough climb while looking to chase down Skenes. But his lethal changeup could make things interesting down the stretch.

🏆 Who’s the betting favorite to win the AL Cy Young?

🐯 Tarik Skubal

📊 Best odds: -250 via BetMGM ($10 to win $4)
🔢 Implied win probability: 71.43%

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The defending AL Cy Young winner took the honor last year after shining with a 2.39 ERA that sat second MLB-wide while also leading with 228 strikeouts.

He's on a similar trajectory now, and Skubal could benefit from spearheading the efforts of a World Series contender, albeit one that's been scuffling at times during the second half after the Tigers' torrid start.

🎯 My best AL Cy Young pick

🧦 Garrett Crochet

📊 Best odds: +220 via BetMGM ($10 to win $22)
🔢 Implied win probability: 31.25%

The first-year ace for the Boston Red Sox is the only realistic challenger for Skubal, as there's a cliff dive in odds after him. The dominant lefty has already set a career high in innings pitched, and he's well on his way to doing the same in strikeouts. Crochet is among the league leaders in both of those categories now, in addition to ERA.

🗠 MLB Cy Young opening odds

Odds as of March 2025.

American League  Odds National League Odds
Garrett Crochet +350 Paul Skenes +210
Tarik Skubal +350 Zack Wheeler +700
Cole Ragans +900 Blake Snell +1000
Logan Gilbert +1000 Chris Sale +1400
Jacob deGrom +1200 Corbin Burnes +1600
Pablo Lopez +1800 Spencer Strider +1800
Framber Valdez +2000 Cristopher Sanchez +2000
Hunter Brown +2000 Sandy Alcantara +2000
Max Fried +2500 Tyler Glasnow +2000
Bryan Woo +3500 Yoshinobu Yamamoto +2000

📜 AL Cy Young betting history

Year Player Team Preseason odds
2024 Tarik Skubal Detroit Tigers +1000
2023 Gerrit Cole New York Yankees +700
2022 Justin Verlander Houston Astros +2000
2021 Robbie Ray Toronto Blue Jays N/A
2020 Shane Bieber Cleveland Guardians +900
2019 Justin Verlander Houston Astros +1500
2018 Blake Snell Tampa Bay Rays +10000
2017 Corey Kluber Cleveland Guardians +400
2016 Rick Porcello Boston Red Sox +20000
2015 Dallas Keuchel Houston Astros +15000

📜 NL Cy Young betting history

Year Player Team Preseason odds
2024 Chris Sale Atlanta Braves +3000
2023 Blake Snell San Diego Padres +3500
2022 Sandy Alcantara Miami Marlins +600
2021 Corbin Burnes Milwaukee Brewers +3500
2020 Trevor Bauer Cincinnati Reds +2500
2019 Jacob deGrom New York Mets +350
2018 Jacob deGrom New York Mets +2500
2017 Max Scherzer Washington Nationals +350
2016 Max Scherzer Washington Nationals +1000
2015 Jake Arrieta Chicago Cubs +4000

❓ MLB Cy Young FAQs

Who are the Cy Young award odds favorites?

Paul Skenes is the Cy Young odds favorite in the NL (-425), while Tarik Skubal holds the top spot in the AL (-250).

Who won the Cy Young awards last year?

Tarik Skubal of the Detroit Tigers won the American League Cy Young award last year. Atlanta Braves southpaw Chris Sale took home the award for the National League.

When will the Cy Young winners be announced?

The Cy Young Award winners last year were announced on Wednesday, Nov. 20, so we can expect a similar timeline this year.

How does Cy Young voting work?

The Cy Young awards are given out based on the voting from members of the Baseball Writers' Association of America. Writers from NL cities vote for the NL Cy Young, and the same is true for AL writers. In total, there are 30 votes tied to each award, with one representative from each team.

Writers submit their ballots before the beginning of the posteason. They rank their top-five selections, and points are given in descending order (first place gets seven points, second place gets four, third place gets three, fourth place gets two, and fifth place gets one). The player with the most points wins. In the event of a tie, the award is shared. 

Who has won the most Cy Young awards?

Roger Clemens, seven, won more Cy Young awards than any other pitcher in MLB history. Randy Johnson, five, is second on the all-time list.

🏟️ MLB betting odds pages

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