2024 MLB Cy Young Odds, Picks & Predictions

2024 Cy Young Award Odds & Best Bets

The 2024 MLB season is very quickly approaching, and pitchers and catchers will be reporting in a matter of weeks. Now is the time to dive into some of the MLB futures markets to see if we can find some value at the current numbers being offered at the sportsbooks.

Awards, World Series odds, and win totals are all markets that you should be looking into right now to find a good investment for the upcoming season. BetQL has you covered every step of the way, as not only will our model have bets on the games daily, but writers like myself will be scouring the lines to find the best value on MLB futures.

Let's take a look at some odds and best bets for the 2024 Cy Young awards.

Odds To Win 2024 AL Cy Young

Below are odds to win the American League Cy Young award (DraftKings odds as of May 14):

Best 2024 AL Cy Young Bets

Tanner Houck, Red Sox (+2500, DraftKings)

I gave you George Kirby last week at 22/1 odds, so hopefully you have that ticket in your back pocket now that he is 15/1. Another longshot that I like is Houck at this 25/1 number right now.

While he plays on a Red Sox team that has been pretty mid, he could certainly rise up these boards if he keeps pitching as he is and they actually start winning games. Houck owns a 3.34 xERA and 2.81 xFIP, which are some of the better advanced numbers in the AL for a pitcher. He's been very good, and nothing about him says he is a regression candidate.

Odds To Win 2024 NL Cy Young

Below are odds to win the National League Cy Young award (DraftKings odds as of May 14):

Best 2024 NL Cy Young Bets

Logan Webb, Giants (+1500, DraftKings)

I gave you Max Fried last week at 20/1, and his odds remain unchanged, but I still think that is a valuable ticket to have in your pocket. This week, I'll also add Webb at 15/1 odds now that his price has dropped to this number. It was 8/1 just last week, and then he had a couple of bad outings against Boston and Philly.

Overall, he has been quite good, and his advanced stats are a mixed bag. While his 4.65 xERA is concerning, his 3.18 xFIP shows that he has actually been really good if you take away his defense. Of course, his team sucks, so that also plays into this. At 15/1, I think it is worth a sprinkle.

BetQL MLB Cy Young Bets

All through the entire 2024 MLB season, we will be updating this page to get you the latest MLB AL & NL Cy Young best bets. BetQL is your one-stop shop for everything baseball this summer, and our experts will be closely monitoring the lines and prices for the AL & NL Cy Young award every day for value. You can be sure that each time you visit this page, you'll have the best analysis and value bets on who will win the AL & NL Cy Young as the season progresses. Obviously, lines change all the time based on what happens in the season, so this page will update as well.

You will not only have all of our latest best bets on AL & NL Cy Young but you will also have all of the latest odds on the top 10 most likely players to win the awards. This way, you will have all the information you need in one place to make the most informed bet on the AL & NL Cy Young race throughout the 2024 season.

About BetQL's MLB Picks

Not only will we have MLB AL & NL Cy Young picks from all of your favorite experts and personalities all season long, but we of course will have MLB picks every day from the BetQL model to keep us rolling in the green all summer long, and I don't mean just the grass outside. The model ranks every MLB bet on a "star scale", which tells you the most valuable bets at the current lines every single day of the 2024 MLB season up to and including the World Series. The star ratings are ranked from 1-star to 5-star in terms of how valuable the bet is, with 1-star being a no-bet and 5-star being the most valuable bet that you should jump on right away before it moves.

It would take days for a human to handicap every side, total, and prop for every game during a day. Instead, our model is able to simulate every game 10,000 times and give you the most likely outcome for each bet. It's amazing what technology can do nowadays, and with the BetQL model getting better and better every season by adapting and learning, the books don't have a prayer.

Understanding MLB Cy Young Picks

If you are new to betting, then you may not understand what the AL & NL Cy Young is. You've come to the right place, as we will explain everything you need to know here to bet on the AL & NL Cy Young. The MLB is split up between two leagues, the American League and National League. In each of these leagues, a Cy Young winner will be crowned as the best pitcher in his league that year. This award usually goes to the lowest ERA, but a strikeout pitcher can win it every now and then. Basically, the Cy Young goes to the best pitcher in each league. Keep in mind, this is a season-long bet, so your money will be tied up until a winner is announced.

Example: You log on to DraftKings Sportsbook and go to the MLB player awards future tab. You scroll to Cy Young award and see a whole bunch of players listed with their prices. Consulting this page, you find that you really like a best bet on Zac Gallen to win NL Cy Young at +1500. If he wins the award at the end of the season, you win the bet!

You can place these bets at any sportsbook of your choosing, but I recommend using whatever book gives you the best number. If one book is offering +750, while the other is offering +850 and you want to bet it, always take the +850.

Indeed, we are going to crush MLB again this year, so subscribe today and let's send the books into panic mode.