Cy Young Odds & Favorites 2026: Skenes, Skubal Early Favorites to Repeat

Tarik Skubal and Paul Skenes are the favorites to defend their crowns in the opening 2026 Cy Young odds.
Detroit Tigers pitcher Tarik Skubal high-fives teammates in the dugout, and he's a favorite in the 2026 Cy Young odds
Pictured: Detroit Tigers pitcher Tarik Skubal high-fives teammates in the dugout, and he's a favorite in the 2026 Cy Young odds. Photo by Junfu Han / USA Today Network.
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The early Cy Young odds for 2026 look awfully familiar, with the two winners from this past season favored to defend their crowns.

Tarik Skubal is getting +380 betting odds to take the AL honor, and he's already done that twice consecutively. Paul Skenes is receiving +350 odds to repeat in the NL, which would add to his trophy case after winning 2024 NL Rookie of the Year.

🔢 American League Cy Young odds 2026

AL Cy Young odds via DraftKings.

Player Odds Implied probability Profit ($10 bet)
Tarik Skubal, Tigers +380 20.83% $38
Garrett Crochet, Red Sox +400 20% $40
Jacob deGrom, Rangers +850 9.5% $85
Cole Ragans, Royals +900 10% $90
Hunter Brown, Astros +1100 8.33% $110
Bryan Woo, Mariners +1300 7.14% $130
Max Fried, Yankees +1500 6.25% $150
Nathan Eovaldi, Rangers +1600 5.88% $160
Joe Ryan, Twins +1600 5.88% $160
Gerrit Cole, Yankees +1700 5.56% $170

🔢 National League Cy Young odds 2026

NL Cy Young odds via DraftKings.

Player Odds Implied probability Profit ($10 bet)
Paul Skenes, Pirates +350 22.22% $35
Yoshinobu Yamamoto, Dodgers +475 5.75% $47.50
Cristopher Sanchez, Phillies +900 10% $90
Logan Webb, Giants +1200 7.69% $120
Zack Wheeler, Phillies +1200 7.69% $120
Chris Sale, Braves +1300 7.14% $130
Hunter Greene, Reds +1400 6.67% $140
Shohei Ohtani, Dodgers +1500 6.25% $150
Freddy Peralta, Brewers +1500 6.25% $150
Blake Snell, Dodgers +1500 6.25% $150

🗠 MLB Cy Young opening odds

Odds as of November 2025.

American League  Odds National League Odds
Tarik Skubal +380 Paul Skenes +350
Garret Crochet +400 Yoshinobu Yamamoto +475
Jacob deGrom +850 Cristopher Sanchez +900
Cole Ragans +900 Logan Webb +1200
Hunter Brown +1100 Zack Wheeler +1200
Bryan Woo +1300 Chris Sale +1300
Max Fried +1500 Hunter Greene +1400
Nathan Eovaldi +1600 Shohei Ohtani +1500
Joe Ryan +1600 Freddy Peralta +1500
Gerrit Cole +1700 Blake Snell +1500

📜 AL Cy Young betting history

Year Player Team Preseason odds
2025 Tarik Skubal Detroit Tigers +350
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

📜 NL Cy Young betting history

Year Player Team Preseason odds
2025 Paul Skenes Pittsburgh Pirates +210
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

❓ MLB Cy Young FAQs

Who are the Cy Young award odds favorites?

Tarik Skubal is the favorite to repeat in the AL while getting +380 betting odds, while Paul Skenes is favored to do the same in the NL at +350.

Who won the Cy Young awards last year?

Tarik Skubal and Paul Skenes took the honors in the AL and NL, respectively.

When will the Cy Young winners be announced?

The Cy Young Award winners last year were announced on Wednesday, Nov. 12, 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.

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