2026 Cy Young Odds: Cease Draws Closer to Schlittler After Near No-Hitter

Robert Criscola - Betting Analyst at Covers.com
Robert Criscola • Betting Analyst 11+ years betting experience
Updated: Jul 9, 2026 , 03:12 PM ET • 4 min read

While Jacob Misiorowski is the odds-on favorite to win the NL Cy Young, Cam Schlittler now has company in the AL in the form of Dylan Cease.

Dylan Cease Toronto Blue Jays MLB
Photo By - Reuters Connect. Dylan Cease of the Toronto Blue Jays.

The Cy Young odds have shifted in the AL following a near no-hitter for Dylan Cease.

The Blue Jays ace is now within range of favored Cam Schlittler of the Yankees.

Meanwhile, the competition is getting smaller in Jacob Misiorowski's rearview mirror in the NL.

Let's look at the latest MLB odds to win the Cy Young awards and make some Cy Young predictions along the way.

Odds to win AL Cy Young award 2026

Player Polymarket
Yankees Cam Schlittler  +133
Blue Jays Dylan Cease +233
Tigers Cole Ragans +910
Rangers Jacob deGrom +2464
Guardians Gavin Williams +3900

Odds last updated on 7-9. Odds from Polymarket. Use our Polymarket promo code (COVERS) for a $50 trading bonus when you deposit at least $20 as a new user.

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Odds to win NL Cy Young award 2026

Player Polymarket
Brewers Jacob Misiorowski -376
Phillies Cristopher Sanchez +614
Dodgers Yoshinobu Yamamoto +1349
Phillies Zack Wheeler +1349
Dodgers Shohei Ohtani +2400

Odds as of 7-9.

MLB Cy Young analysis

Dylan Cease threw eight no-hit innings vs. the Giants on Wednesday before Heliot Ramos broke it up to lead off the ninth inning. The 30-year-old hurler, who has one career no-no, was immediately lifted after throwing a career-high 118 pitches.

Cease (6-4, 2.56 ERA) went from +614 to +233 in this market immediately following the stellar start. 

Cam Schlittler (9-5, 2.01 ERA) is still second in all of baseball in ERA among qualified starters. He's showing no signs of slowing down, as he just fanned eight Rays over eight innings of one-run ball on July 6.

Despite that, he's drifted from -127 to +133 to win AL Cy Young.

Jacob Misiorowski continues to dazzle in his sophomore season, most recently K-ing 11 Cardinals over seven innings while allowing only two runs. He's sitting at 10-4 with a 1.62 ERA and 0.757 WHIP through 18 starts.

Misiorowski has gone from -213 to -376 in recent days to win this award. He's pulling away from Cristopher Sanchez (10-4, 2.62 ERA), who just coughed up nine earned runs vs. the Royals over 3 1/3 innings on July 6.

MLB Cy Young futures predictions

Pick Odds Pick date Units
Pirates Paul Skenes +200 May 11 2.5
Mets Nolan McLean +2500 May 11 0.5
Blue Jays Kevin Gausman +4000 April 20 0.25
Marlins Eury Perez +3500 March 25 0.25
Blue Jays Dylan Cease +3000 March 25 0.25
Reds Hunter Greene +1400 February 24 0.25
Royals Cole Ragans +1300 February 24 0.25

Popular MLB futures markets


Previous Cy Young Award winners

Here are the last 10 winners of the AL and NL Cy Young Award, with Detroit, Cleveland, Houston, Washington, and the New York Mets each leading the way with two. 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
2025 Tigers Tarik Skubal
2024 Tigers Tarik Skubal
2023 Yankees Gerrit Cole
2022 Astros Justin Verlander
2021 Blue Jays Robbie Ray
2020 Guardians Shane Bieber
2019 Astros Justin Verlander
2018 Rays Blake Snell
2017 Guardians Corey Kluber
2016 Red Sox Rick Porcello

Previous NL Cy Young winners

Year National League Winner
2025 Pirates Paul Skenes
2024 Braves Chris Sale
2023 Padres Blake Snell
2022 MarlinsSandy Alcantara
2021 Brewers Corbin Burnes
2020 Reds Trevor Bauer
2019 Mets Jacob deGrom
2018 Mets Jacob deGrom 
2017 Nationals Max Scherzer
2016 Nationals Max Scherzer

MLB Cy Young Odds

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Robert Criscola - Covers.com
Betting Analyst

Robert M. Criscola’s road to becoming a Covers publishing editor began with an internship at Metro New York, which eventually turned into a freelance job at MetroBet covering many sports from a wagering angle, including horse racing. He continued to focus on “The Sport of Kings” by writing for shapperdacapper.com, danonymousracing.com, and informer.fanxt.com before joining the team at the TwinSpires Edge in 2019 as a regular contributor and weekend editor. “Crisco” began writing game previews for Covers in 2022 and joined the editing team in 2023.

His best advice for sports bettors? Bet with your head, not over it.

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