Like with the respective MVP races, the MLB Cy Young odds are looking less competitive by the week.
Tarik Skubal and Paul Skenes appear entrenched atop their leagues, and while there's plenty of time left in the season, it's going to be difficult to catch either of them.
My MLB odds analysis will highlight both of their seasons while also looking at the overall Cy Young odds.
Odds to win AL Cy Young award 2025
| Player |  |
 |
 |
|---|---|---|---|
 Tarik Skubal |
-260 | -280 | -270 |
 Hunter Brown |
+800 | +850 | +800 |
 Garrett Crochet |
+900 | +1100 | +1000 |
 Max Fried |
+900 | +850 | +850 |
 Jacob deGrom |
+1200 | +1600 | +1400 |
 Kris Bubic |
+4000 | +3500 | +3500 |
| Carlos Rodon |
+4500 | +4200 | +4500 |
| Nathan Eovaldi |
+5000 | +5000 | +5000 |
| Framber Valdez |
+6500 | +5500 | +6000 |
 Joe Ryan |
+7000 | +7000 | +7000 |
 Bryan Woo |
+7500 | +10000 | +8000 |
| Cole Ragans |
+8000 | +20000 | +15000 |
 Drew Rasmussen |
+8000 | +7500 | +7500 |
Odds as of 6-16-2025.
AL Cy Young odds analysis
Tarik Skubal has allowed one earned run over his last four starts, a span of 30 2/3 innings. That amounts to a 0.29 ERA.
Ladies and gentlemen, TARIK SKUBAL 😤
— MLB (@MLB) June 13, 2025
His last 4 starts:
30.2 IP
1 ER
0.29 ERA
32/2 K/BB pic.twitter.com/RcJQbPhRFc
The Detroit Tigers ace is head and shoulders above the competition. His hot streak has dropped his season ERA to 1.99, which does trail Hunter Brown, Max Fried, and Kris Bubic.
But Skubal's 11.06 K/9 and 0.90 BB/9 lead the AL, showcasing a remarkably efficient and overpowering starter who has only gotten better as the season has progressed.
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Odds to win NL Cy Young award 2025
| Player | |
|
|
|---|---|---|---|
 Paul Skenes |
-340 | -330 | -340 |
 Zack Wheeler |
+1100 | +950 | +1000 |
 Yoshinobu Yamamoto |
+1200 | +1800 | +1500 |
 Chris Sale |
+1600 | +2000 | +1800 |
 Logan Webb |
+2000 | +2800 | +2500 |
| Cristopher Sanchez |
+3500 | +4000 | +3500 |
 MacKenzie Gore |
+3500 | +4000 | +3500 |
| Robbie Ray |
+4000 | +4500 | +4000 |
 Freddy Peralta |
+4000 | +5000 | +4500 |
 Andrew Abbott |
+5000 | +7000 | +6000 |
| Spencer Schwellenbach |
+5500 | +4500 | +5000 |
 Kodai Senga |
+6000 | OTB | +6000 |
| Hunter Greene |
+7500 | +10000 | +8000 |
 Nick Pivetta |
+8000 | +10000 | +8000 |
| Michael King |
+8000 | OTB | +8000 |
| Jesus Luzardo |
+8000 | +6500 | +7500 |
| Clay Holmes |
+8000 | +10000 | +10000 |
Odds as of 6-9-2025.
NL Cy Young analysis
Pittsburgh Pirates ace Paul Skenes didn't pitch as deep as he normally does in his most recent outing, but he still limited the Chicago Cubs to four hits and no runs over five innings. He struck out five and lowered his ERA to 1.78. He also picked up the no-decision, so his record remains 4-6 despite the sparkling numbers.
Paul Skenes is the first pitcher in MLB history to have an ERA below 1.80 over any 15-start stretch of a season but have fewer than 5 wins in those starts to show for it. pic.twitter.com/BSS3A3kn4D
— Codify (@CodifyBaseball) June 14, 2025
If we went by win-loss records, San Francisco Giants left-hander Robbie Ray would be leading the pack with his 8-1 record. And he's been good beyond that, just not as good as Skenes.
Skenes is also a workhorse, leading the NL with 96 innings pitched over his 15 starts. On a competent team, he'd be in line for the win more often than not. But, he's on the Pirates, so that's not happening.
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Cy Young betting splits
AL Cy Young
Highest Ticket%
- Tarik Skubal, Tigers - 11%
- Max Fried, Yankees - 8.9%
- Cole Ragans, Royals - 8.3%
Highest Handle%
- Tarik Skubal, Tigers - 23.5%
- Max Fried, Yankees - 13.2%
- Garrett Crochet, Red Sox - 8.6%
Biggest Liability
- Max Fried, Yankees
NL Cy Young
Highest Ticket%
- Zack Wheeler, Phillies - 10.4%
- Paul Skenes, Pirates - 10.3%
- Yoshinobu Yamamoto, Dodgers - 8.6%
Highest Handle%
- Yoshinobu Yamamoto, Dodgers - 14.1%
- Paul Skenes, Pirates - 13.1%
- Zack Wheeler, Phillies - 10.3%
Biggest Liability
- Yoshinobu Yamamoto, Dodgers
Data courtesy of BetMGM.
Previous Cy Young Award winners
Here are the last 10 winners of the AL and NL Cy Young Award, with Cleveland and the New York Mets each leading the way with three. Overall, the Brooklyn/Los Angeles Dodgers have the most Cy Youngs all time (12), followed by the Milwaukee/Atlanta Braves with eight and the Philadelphia Phillies, Boston Red Sox, and Mets with seven apiece.
Previous AL Cy Young winners
| Year | American League Winner |
|---|---|
| 2024 | Tarik Skubal |
| 2023 | Gerrit Cole |
| 2022 | Justin Verlander |
| 2021 |  Robbie Ray |
| 2020 |  Shane Bieber |
| 2019 | Justin Verlander |
| 2018 | Blake Snell |
| 2017 | Corey Kluber |
| 2016 | Rick Porcello |
| 2015 | Dallas Keuchel |
Previous NL Cy Young winners
| Year | National League Winner |
|---|---|
| 2024 | Chris Sale |
| 2023 | Blake Snell |
| 2022 |  Sandy Alcantara |
| 2021 |  Corbin Burnes |
| 2020 | Trevor Bauer |
| 2019 | Jacob deGrom |
| 2018 | Jacob deGrom |
| 2017 | Max Scherzer |
| 2016 | Max Scherzer |
| 2015 |  Jake Arrieta |
Pitchers with multiple Cy Young awards
Twenty-two pitchers have won multiple Cy Young Awards, led by Roger Clemens' seven trophies. Of those 22 winners, five are still active in the majors.
| Pitcher | Number of Cy Young Awards (Years) |
|---|---|
| Roger Clemens | 7 (1986, 1987, 1991, 1997, 1998, 2001, 2004) |
| Randy Johnson | 5 (1995, 1999, 2000, 2001, 2002) |
| Steve Carlton | 4 (1972, 1977, 1980, 1982 |
| Greg Maddux | 4 (1992, 1993, 1994, 1995) |
| Seven different pitchers | 3 |
| 11 different pitchers | 2 |
Popular MLB futures markets
MLB Cy Young Odds
Detroit Tigers LHP Tarik Skubal is again favored after winning the award in 2024.
Pittsburgh Pirates RHP Paul Skenes is drawing the shortest odds after finishing as a finalist in 2024 and winning NL Rookie of the Year.
Detroit Tigers LHP Tarik Skubal was unanimously named AL Cy Young while veteran Atlanta Braves LHP Chris Sale won in the NL.
Roger Clemens won seven Cy Young awards throughout his career. Only one other pitcher, Randy Johnson, has even won five.
Jacob deGrom won both the 2018 and 2019 NL Cy Young awards. Immediately before him, Max Scherzer won in back-to-back seasons in 2016-17.
