AL Cy Young 2024 Odds Update and Betting Advice: Corbin Burnes is the Favorite, But Seattle’s Bryce Miller is an Interesting Case

The MLB season is heating up, and players are already separating themselves from the pack. Who is the current favorite to win the AL Cy Young? Who has an excellent chance to make a run at the award? Take a look at the odds.

2024 AL Cy Young Odds

Corbin Burnes is the current favorite to win the AL Cy Young Award, with Tigers starter Tarik Skubal not far behind. Check out the odds from FanDuel Sportsbook.

PlayerOdds
Corbin Burnes+330
Tarik Skubal+350
Logan Gilbert+1000
Luis Castillo+1200
Cole Ragans+1600
George Kirby+1600
Kevin Gausman+3000
Joe Ryan+3000
Jose Berrios+3000
Bryce Miller+4000
Framber Valdez+4000
Tanner Houck+4000
Kutter Krawford+4000
Nathan Eovaldi+5000
Yusei Kikuchi+5000
Justin Verlander+5000
Carlos Rodon+5000
Reid Detmers+6000
Brady Singer+6000
Seth Lugo+6000
Grayson Rodriguez+8000
Zach Eflin+8000
Marcus Stroman+8000
Chris Bassitt+10000

Corbin Burnes is the Frontrunner

Corbin Burnes AL Cy Young Odds Update
May 1, 2024; Baltimore, Maryland, USA; Baltimore Orioles pitcher Corbin Burnes (39) throws a second inning pitch against the New York Yankees at Oriole Park at Camden Yards. Mandatory Credit: Tommy Gilligan-USA TODAY Sports

Corbin Burnes has proved to be everything the Orioles could have hoped for and then some when they traded for him this offseason. Burnes has a 2.61 ERA through his first seven starts with the Orioles. He’s the odds-on favorite to take home the AL Cy Young through the first six weeks of the season, and he’s been a big part of the Oriole’s success this season. He’s 3-1 through seven starts and has 41 strikeouts in 41.1 innings of work for Baltimore.

Could Bryce Miller Be a Sleeper?

Bryce Miller AL Cy Young Odds Update
May 5, 2024; Houston, Texas, USA; Seattle Mariners pitcher Bryce Miller (50) delivers a pitch against the Houston Astros during the first inning at Minute Maid Park. Mandatory Credit: Erik Williams-USA TODAY Sports

On FanDuel Sportsbook, Bryce Miller is +4000 odds. That means a $100 bet on him to win the National League MVP would win $4000. We believe there is some value there, and here’s why.

Bryce Miller has been exceptional this season, posting a 2.61 ERA through his first seven starts for the Mariners, with a handful of starting pitchers in consideration for the AL Cy Young Award this season. But at +4000, Miller is a highly intriguing value play right now. Statistically, he’s been as good as the frontrunner Corbin Burnes, yet his lack of track record has him at a tantalizing +4000.

What About Red Sox Starter Tanner Houck?

In the same category as Miller is Boston’s Tanner Houck. Houck is sporting an even more impressive 1.99 ERA and 2.06 FIP through seven starts this season. Houck is striking out opposing hitters at a 25 percent clip and has a walk rate below four percent in 45.1 innings of work. At this point, Houck may be the best value play of them all.

His FIP aligns with his ERA, and his BABIP is .290. Even his xFIP of 2.66 paints a promising picture of Houck’s ability to carry this success throughout the season for the Red Sox.

Remember to Compare Odds

As always, be sure to compare odds and lines from the top sportsbooks before making your bets. When it comes to future bets, you might have some significant differences. For example, Bryce Harper might be +2000 on one sportsbook but +2500 on the other. The +2500 is a better bet because you would win more.

This is one of the best things about online sports betting. You don’t have to stick to just one sportsbook. You can shop around for lines, odds, promo codes, and more.

written by

Patrick grew up in Chicago's Bridgeport and Garfield Ridge neighborhoods before moving to the Western Suburbs of Chicago before eventually relocating to the Las Vegas area with his family in 2023. He started with Bleacher Nation in 2021 and has spent time as a Staff Writer and on the Chicago Blackhawks beat. He is currently a writer and editor at Bleacher Nation covering the Chicago Bears and the NFL at large and the author of the Bleacher Nation Newsletter. Patrick is a member of the Pro Football Writers of America (PFWA).

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