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MLB Cy Young Odds: Ray, Wheeler Top The Boards

Robbie Ray and Zack Wheeler lead Cy Young odds.

Starting pitchers are the linchpin of any successful MLB team and in 2021 MLB Cy Young odds, two dominating hurlers are favorites in the AL and NL races.

According to the best baseball betting sites, Toronto Blue Jays ace Robbie Ray and Philadelphia Phillies righty Zack Wheeler are now the betting favorites to win the coveted Cy Young awards for the 2021 season.

Ray began the season as an afterthought to win the Cy Young Award in the American League. But after a spectacular campaign, he is the heavy favorite to take it home. Gerrit Cole, the AL favorite going into the season, is second on the oddsboard at +550. Following far behind Ray and Cole is Chicago White Sox ace Lance Lynn at +3300.

In the National League, Mets starter Jacob deGrom also opened at +400 in NL Cy Young odds and reached as high as -1000 with a dominant first half before injury issues knocked him out of contention. Zack Wheeler (+150) of the Phillies, Corbin Burnes (+160) of the Brewers and Max Scherzer (+190) of the Dodgers are in a tight race to bring it home.

If this is your first time betting on baseball, here are some key links to bookmark:

World Series Odds | MLB Futures MLB Win Totals | Odds To Make Playoffs | AL/NL MVP Odds | How To Bet On Baseball

Let’s look at each MLB league and determine some betting value for the Cy Young awards:

Who Is Favored In MLB American League Cy Young Odds?

Odds to Win 2021 American League Cy Young
PlayerOddsOpening Odds
Robbie Ray-1500N/A
Gerrit Cole+550+350
Lance Lynn+3300+2000

Odds as of November 15 at BetOnline Sportsbook

AL Cy Young Award Odds

Robbie Ray (-1500)

Going into the season, odds of Robbie Ray winning the Cy Young Award weren’t even available at sportsbooks. After a phenomenal year, though, Ray finds himself as the heavy favorite to win the prestigious award.

Ray was lights-out this season for the Toronto Blue Jays, starting 32 games and posting a 13-7 record. He led the AL with a 2.84 ERA, a 1.04 WHIP, 248 strikeouts and 193.1 innings pitched.

Ray was the epitome of consistency and dominance this season, which is why he should take home his first career Cy Young Award.

Gerrit Cole (+550)

Yankees starter Gerrit Cole boasted a 3.23 ERA and a 1.06 WHIP in 30 starts. The ace has been dominant in pinstripes and has mostly lived up to the very high expectations of playing in New York following his arrival before the 2020 season. However, he had some shaky outings after Major League Baseball banned “sticky stuff” and really struggled down the stretch with a 5.13 ERA in September/October.

The righty was the heavy favorite to win the award at one point in the season and recency bias could play a major factor for the voters, but Cole should finish no lower than second in the AL Cy Young race.

Lance Lynn (+3300)

Throwing belts at umpires and throwing strikes in the zone, Lance Lynn climbed the AL Cy Young oddsboard, but he still sits behind Ray and Cole in the AL Cy Young odds.

In 157.0 innings pitched, Lynn compiled a 2.69 ERA, an 11-6 record and 176 strikeouts to put himself in Cy Young contention, but his odds indicate he will likely fall short of the award.

Who Is Favored In MLB National League Cy Young Odds?

Odds to Win 2021 National League Cy young
PlayerOddsOpening Odds
Zack Wheeler+150+3500
Corbin Burnes+160+3500
Max Scherzer+190+800

Odds as of November 15 at BetOnline Sportsbook

Arguably the best starting pitcher in baseball, injuries derailed New York Mets ace deGrom’s 2021 Cy Young campaign. Once the Cy Young lock in the NL, the Mets workhorse had a microscopic 1.08 ERA and 0.543 WHIP through 15 starts. For once, the Mets were also providing a little bit of run support for deGrom, allowing him to post a 7-2 record before the all-star break.

NL Cy Young Award Odds

Zack Wheeler (+150)

With deGrom’s injury, a trio of hurlers rose to the top of the NL Cy Young odds: Wheeler, Burnes and Scherzer. In 32 starts and an NL-high 213.3 innings, Phillies righty Zack Wheeler had the best season of his MLB career.

In his age-31 season, the righty owned a 2.78 ERA and 1.00 WHIP, led the NL with 247 strikeouts and three complete games, and had the highest WAR for pitchers at 7.6. Wheeler was consistent and dominant all season, which is why he sits atop the oddsboard, although only by a small margin.

Corbin Burnes (+160)

Milwaukee Brewers righty Corbin Burnes led the National League with a 2.43 ERA, was second in WHIP at 0.94 and finished third in strikeouts with 234. He also had the best ERA+ at 176, the best FIP at 1.63 and the best SO/9 at 12.6.

Burnes was lights-out all season fronting a very good Brewers rotation that led the team to an NL Central Division crown.

Max Scherzer (+190)

Max Scherzer is always in the thick of things when it comes to the Cy Young Award. Scherzer pitched well earlier in the season for the Nationals but really shone after a trade to the Dodgers.

In 11 starts from August to October, Scherzer had a 7-0 record while giving up just 15 earned runs in 68.1 innings. He was virtually unhittable down the stretch, which could potentially sway voters in his favor.

Scherzer, vying for his fourth career Cy Young Award, led the NL in WHIP (0.86) and hits per nine innings, was second in strikeouts and third in WAR for pitchers.

Making A Cy Young Futures Bet

Betting on an MLB Cy Young Award is a form of futures betting because you are making a pick based on an outcome determined at the end of the MLB regular season. The trophy is usually given out in mid-December and if you want to get a bigger payout, it’s best to lock in your bets sooner rather than later so you can take advantage of better odds. The closer it gets to the end of the season, the more the odds will change.

How To Read MLB Cy Young Odds

The above chart features the odds for each top player in the American League and National League. At your sportsbook of choice, the betting lines for the National League could look something like this:

Zack Wheeler +150

Corbin Burnes +160

Max Scherzer +190

This means that Wheeler is the favorite since he has the lowest odds and the highest chance of winning the prop, according to oddsmakers. If you were to bet $100 on Wheeler and he won, you would get a payout of $250 – your original $100 is returned along with your winnings of $150.

On the other hand, if you strongly believe that Corbin Burnes is going to shine in Milwaukee, a winning $100 bet on him would yield $260 – your $100 comes back along with your prize of $160.

Our Odds Calculator will show you how much you’d win based on the odds and amount bet.