MLB Cy Young Odds & Predictions 2026: Battle for Pitching Immortality

The MLB Cy Young Award is the honor given annually to the best pitcher in both the American League (AL) and the National League (NL). Established in 1956, it is named after Hall of Famer Denton True "Cy" Young, who holds the major league record for most career wins.

The Cy Young Award is specifically designed to recognize pitching excellence.

Let's see the top favorites and their odds for the 2026 MLB season.

MLB Cy Young Award 2026 Odds

We are listing the odds for the AL and NL Cy Young Award in the tables below, courtesy of the best US sportsbooks in the market today.

AL Cy Young Award Odds

NL Cy Young Award Odds

Have a look at our curated selection of the best MLB betting sites and grab the latest MLB promo codes and bonuses.

MLB Cy Young Winner - My Picks

Here are my definitive picks for the dominant arms poised to overwhelm the opposition and claim baseball’s ultimate pitching prize in 2026.

AL Cy Young Winner - Cam Schlittler (-130) at FanDuel Sportsbook

Cam Schlittler is a prime AL Cy Young candidate due to his sheer dominance anchoring the Yankees' rotation in 2026. Following injuries to key starters, he stepped up to deliver a stellar 2.07 ERA, 0.93 WHIP, and 157 strikeouts across 130.1 innings. His unique five-pitch arsenal features fastballs with extreme movement separation, generating massive swing-and-miss rates and weak contact. Already recognized with midseason honors, his elite durability and production make him a top-tier choice.

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NL Cy Young Winner - Jacob Misiorowski (-260) at FanDuel Sportsbook

Jacob Misiorowski is a compelling candidate for the NL Cy Young award due to his unprecedented dominance and historic statistical profile in the 2026 season. Currently holding an impressive 1.58 ERA with 185 strikeouts across 120 innings, Misiorowski leads his team in strikeouts, wins, and ERA. He has shattered records this season, recently throwing 66 pitches at 100+ mph in a single game and hitting a peak velocity of 105.5 mph. His average perceived velocity of 101.3 mph and unique extension make his pitches incredibly difficult to track, contributing to an elite 0.750 WHIP. These factors combine to create a historically dominant profile for a starting pitcher.

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MLB Cy Young AL & NL MVP Winner History

Last season was a rare moment of consensus in baseball, as both winners dominated their respective leagues with historic efficiency.

Tarik Skubal (Detroit Tigers) captured his second consecutive AL Cy Young. He led the league with a 2.21 ERA and 241 strikeouts, proving that his 2024 breakout was no fluke.

Paul Skenes (Pittsburgh Pirates) became the first NL pitcher since 2022 to win the award unanimously. In just his second season, Skenes posted a major-league-best 1.96 ERA, essentially "breaking" the traditional learning curve for young starters.

All eyes are on Tarik Skubal to see if he can join the elite club of pitchers (like Greg Maddux and Randy Johnson) who have won three Cy Youngs in a row. Meanwhile, in the National League, a healthy Spencer Strider is returning from surgery to challenge Skenes' throne.

AL Cy Young Award Winners

NL Cy Young Award Winners

How to Bet on the MLB Cy Young Winner

The Cy Young award market is one of the more volatile betting markets in the sport as one successful or poor outing can drastically shake up the oddsboard. In order to be successful and make a profit betting on the award, you need to build a diverse portfolio and place wagers on pitchers who are in a position to strengthen their claim for the award before doing so.

Whether that is throwing some darts on some long shots before the season starts and hedging out them when a favorite gets off to a hot start, or vice versa, you will need to consistently keep an eye on the market to take advantage of the best possible odds. In Tarik Skubal’s case, place a wager on him now and look to create multiple outs as the season progresses.

How to Read MLB Cy Young Odds

When placing any sort of wager, it’s important to understand how the listed odds work. If you bet on Tarik Skubal to win the Cy Young award at his preseason odds of +450, then a $100 wager would profit you $100 if he wins the award.

If you wait to see if he gets off to a hot start and is listed with a minus sign in front of his odds (-125 for example), then you would need to wager $125 to win $100. Placing wagers at the best available odds will help you churn a profit over the long run, making it vital you consistently check the market for potential hedge opportunities.

Where to Bet on the MLB Cy Young Winner

As for the official betting partner of the MLB, FanDuel Sportsbook is giving an opportunity to new users to claim: Bet $5, Get up to $1,000 in Bet Resets. No specific FanDuel promo code is required to take advantage of this offer; you just need to create an account and win your first wager of at least $5 on any valid FanDuel market.

Caesars Sportsbook offers a highly practical and structured platform for placing MLB Cy Young futures wagers. The sportsbook consistently provides competitive and regularly updated odds, allowing bettors to accurately evaluate traditional favorites and emerging contenders throughout the season. Users who join by applying our Caesars Sportsbook promo code WSNDYW will get the following welcome offer: Bet $1, Double Your Winnings 10x.

DraftKings Sportsbook has been one of the better apps to use when betting on the Cy Young award, as they usually beat out the rest of the apps in terms of best available odds. If you do not already have an account with DraftKings, sign up and claim the following offer: Bet $5, Get $150 in Bonus Bets Instantly.