MLB Betting: 2021 Cy Young Award Odds Analysis

MLB Betting: 2021 Cy Young Award Odds Analysis

Written by on February 18, 2021

With pitchers and catchers reporting to Spring Training, the 2021 Major League Baseball season is just around the corner! While talking about pitching, the Cy Young Award always seems to come up in conversation. Las Vegas has recently released the Cy Young Award odds for the upcoming season. Let’s take a look at and briefly analyze some of the favorites to take home the award at the end of the season, along with their Cy Young Award odds.

2021 MLB Cy Young betting odds

National League

  • Jacob deGrom +500

deGrom couldn’t win his third straight Cy Young Award last season, as Trevor Bauer claimed the prize. deGrom once again had a tremendous season, and as the years go by, he seems to get better. He lowered his ERA, and his average fastball velocity improved from 96.9 miles per hour in 2019, to 98.6 in 2020. deGrom is averaging 13.9 strikeouts per nine innings. deGrom has long suffered from a lack of run support, but the Mets have made numerous moves to improve their offense. This can only help deGrom’s cause.

  • Trevor Bauer +700

Bauer improved his situation, as he signed with the Los Angeles Dodgers in the offseason. Last year’s Cy Young Award winner will now be in the spotlight more, and he will also get better run support from a loaded Dodgers lineup. If Bauer can stay healthy, he will have a great shot at winning his second straight Cy Young Award.

  • Yu Darvish +1000

Darvish had a great season with the Cubs, but now he’ll be joining a stacked rotation. The Padres should be in the thick of the pennant race, so Darvish should get better offensive support than he received last season.

American League

  • Gerritt Cole +350

Cole is the favorite because of his team affiliation. However, Cole’s numbers were down last season. Even though his numbers were down, he still went 7-3 with a 2.84 ERA. He struck out 94 batters in 73 innings pitched. Cole has never won the Cy Young Award, but he has finished in the top five of the voting over the last three years. This could be the year that he finally wins this award.

  • Shane Bieber +400

Even though it was a shortened season, Bieber still had a season for the ages. He won pitching’s triple crown as he led the American League with eight wins (with only one loss), 1.63 ERA, and 122 strikeouts in 77 innings pitched. He did this on a team that was actively trying to cut costs by trading away some of it’s prominent players. If Bieber can come close to repeating his dominant 2020,  he should be in the thick of the Cy Young Award race.

  • Hyun Jin Ryu +1300

Ryu quietly had a very good season for Toronto. He left the spotlight of Los Angeles, and fell under the radar. He went 5-2 with a 2.69 ERA, striking out 72 batters in 67 innings. In a full season, Ryu is likely to put up very solid numbers for a young, up-and-coming squad.