Jacob deGrom (New York) -125. Corbin Burnes (Milwaukee) +650. Brandon Woodruff (Milwaukee) +750. Yu Darvish (San Diego) +1400. Trevor Bauer (Los Angeles) +1600.
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May 31: Woodruff (+750) is closing in on Brewers teammate Burnes (+600) for second in the NL Cy Young odds, while deGrom (-134) remains the odds-on favorite. May 20 : While deGrom improved again (-120 to -134), so too did Woodruff (+1933 to +1650), Scherzer (+2167 to +1700), Darvish (+1933 to +1800, and Flaherty (+3667 to +1900) – who sit third through sixth, respectively, in the NL Cy Young odds.
That means your Cy Young odds and possible rate of return change throughout the regular season. Betting on World Series futures odds is the most popular futures bet in baseball, but betting Cy Young futures odds is right up there. Here’s a roadmap to betting on the Cy Young Award winners for the next MLB betting season including current Cy Young odds at legal US online sportsbooks.
The odds are best before the season, and they’ll become less and less profitable as the favorites emerge mid-way through the season. Bieber, who won last season’s AL Cy Young Award, opened with +330 odds at FanDuel for this season. This would return a profit of $330 on a $100 bet if he were to go back-to-back.
This number will also be at least three digits, and it represents how much money you would need to wager to win $100. For example, if you had a bet via the FanDuel Arizona app on Brandon Webb to win the Cy Young Award at odds of -150, you would need to bet $150 to win $100, returning a total of $250.
According to the latest Cy Young betting odds at BetMGM, the New York Yankees’ Gerrit Cole and the New York Mets’ Jacob deGrom are each odds-on favorites to win these awards. Cole sits at -120 (54.5% implied probability) and opened as the +400 favorite prior to the season.
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