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Bieber and Bauer Are Favorites in Updated MLB Cy Young Odds

Cy Young Betting Odds 2020 Shane Bieber Trevor Bauer

The shortened MLB season may be at the halfway point but some pitchers have been lights-out since the season got underway and have put themselves in prime position to win the 2020 Cy Young Awards. In the American League, Cleveland Indians starter Shane Bieber is the favorite while in the National League, it’s Cincinnati Reds ace Trevor Bauer.

According to the best baseball betting sites, Bieber (+200) and Bauer (+325) have been the standouts in their respective leagues for pitching. Bieber opened the season at +550 behind Yankees ace Gerrit Cole in the AL while Bauer was listed at +1400 prior to the first pitch of the season, which was seventh on the preseason NL odds list.

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

AL Cy Young Odds

Coming into the 2020 MLB season, the Indians’ Shane Bieber was no stranger to baseball bettors. He ascended to ace status with Cleveland early in his young career and in seven games this season has been dominant in the AL. He sports a 6-0 record with a 1.35 ERA and an excellent 75 strikeouts in only 45.2 innings of work.

At this stage, he looks unhittable, but that doesn’t dismiss the second pitcher on the oddsboard, Gerrit Cole of the New York Yankees at +225. Cole looks like he hasn’t missed a beat since moving to the Bronx, with a 4-1 record and a 3.50 ERA and 57 strikeouts. He hasn’t been as dominant as he was with the Astros over his previous two seasons but outside of Bieber has been the best pitcher in the AL.

The only other pitcher who has a legitimate case to win the AL Cy Young would be Lucas Giolito of the Chicago White Sox at +1600. Giolito just pitched a no-hitter vs the Pirates and in three of his seven starts this season, he hasn’t allowed an earned run. There’s still a lot of baseball left to be played but if he keeps up this pace, he may overtake Bieber and Cole if they struggle at all in the second half of the season.

Here are the top 15 AL pitchers on the oddsboard to win the Cy Young:

Odds to win the AL Cy Young Award
WinnerOdds
Shane Bieber+200
Gerrit Cole+225
Lance Lynn+450
Frankie Montas+1400
Dylan Bundy+1600
Lucas Giolito+1600
Blake Snell+1800
Corey Kluber+2000
Luis Severino+2000
Zack Greinke+2000
Mike Clevinger+2500
Tyler Glasnow+2500
Carlos Carrasco+3300
Jesus Luzardo+4000
Liam Hendricks+4000

Odds as of August 28 at Bovada

NL Cy Young Odds

In the National League, a newcomer has made his way to the top of the Cy Young oddsboard in Cincy’s Trevor Bauer. Bauer has been exactly what the Reds were looking for when they acquired him from the Indians as he’s got a 1.65 ERA in five starts to go with 49 strikeouts in 32.2 innings of work.

Bauer may not be the best choice at this juncture with the Reds struggling as a team at 13-17 SU through 30 games, something Jacob deGrom of the New York Mets can relate to. DeGrom is the reigning back-to-back NL Cy Young winner and is doing his thing in Queens. He has only two wins through six starts in 2020 despite owning a 1.80 ERA, a 0.83 WHIP and 49 Ks in 35 innings.

It may be easier to lay your money on deGrom instead of Bauer because as bettors, we know this is what deGrom does, whereas we’ve seen Bauer have meltdowns in latter parts of the season in his career. To get deGrom at +600 right now with the way he’s throwing seems like a steal.

Here are the top 15 NL pitchers on the oddsboard to win the Cy Young:

Odds to win the NL Cy Young Award
WinnerOdds
Trevor Bauer+325
Yu Darvish+450
Jacob deGrom+600
Max Fried+600
Sonny Gray+750
Aaron Nola+1400
Dinelson Lamet+1400
Jack Flaherty+2000
Max Scherzer+2000
Patrick Corbin+2000
German Marquez+2200
Clayton Kershaw+2500
Kyle Hendricks+2500
Luis Castillo+3000
Josh Hader+3300

Odds as of August 28 at Bovada

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 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 American League would look something like this:

Shane Bieber +200

Gerrit Cole +225

Lance Lynn +450

This means that Bieber 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 Bieber and he won, you would get a payout of $300 – your original $100 is returned along with your winnings of $200.

On the other hand, if you strongly believe that Lance Lynn is going to outdo himself in Texas, a winning $100 bet on him would yield $550 – your $100 comes back along with your prize of $450.

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