Cy Young Odds 2021 – Finding Value

It’s time to find some value in the 2021 Cy Young odds. Bettors and fans alike know the 2021 MLB season is set to begin at the beginning of April, with a full schedule set. Betting on MLB has become more popular in recent years, especially with futures bets.

Betting on the Cy Young Award winners is a popular market, and now is a great time for that bet. We will look at the betting favorites here but also take it one step further.

If you are going to bet on the Cy Young Award, it is important to find value as well. This can lead to a much bigger payout if your pick hits.


American League Favorites – 2021 Cy Young Odds

  • Gerrit Cole +330
  • Shane Bieber +330
  • Lucas Giolito +500

Gerrit Cole, Shane Bieber, and Lucas Giolito are the clear favorites to win the Cy Young Award in the American League. All three pitchers are dominant and should all have solid seasons in 2021.

Bieber is the reigning Cy Young Award winner, but it’s hard to see him repeating his success. Cole is a popular pick as he could propel the Yankees to a World Series run.

Giolito is an up-and-coming star in the American League, and he will be a name to watch out for. 

Finding Value in American League

  • Zack Greinke +4500
  • Shohei Ohtani +5000

If you are looking for value picks from the 2021 Cy Young odds, look no further than Zack Greinke and Shohei Ohtani. Just take a look at those odds!

Greinke has been a dominant pitcher in the Majors before, and he still has great stuff. Making a bet on him in 2021 is a risk, but there is a huge potential reward.

Ohtani has been lights out in spring training, and he has plenty of ability. If the two-way sensation can stay healthy, look out.

There are other names on the list, but these two immediately stand out.

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National League Favorites – 2021 Cy Young Odds

  • Jacob deGrom +380
  • Trevor Bauer +700
  • Max Scherzer, Walker Buehler, Yu Darvish +1000

The National League is loaded with starting pitching, and there are some big names on the list. There is a good chance that someone from the list above will win the NL Cy Young Award.

Trevor Bauer is the reigning Cy Young winner, and he has since joined the mighty Los Angeles Dodgers. Jacob deGrom is always a solid pick and should be due for another great season. There could be some value in 2021 Cy Young odds when looking at these guys.

You could technically get great value from either Max Scherzer, Walker Buehler, or Yu Darvish, and all three have a shot at winning it. 

Finding Value in National League

  • Sonny Gray +3500
  • Kyle Hendricks +5500

The National League Central is not expected to be strong, but that doesn’t matter for this bet. In fact, a weak division might help both Sonny Gray and Kyle Hendricks pick up wins.

Gray was terrific in 2020 with the Reds and should have a monster 2021 MLB season. He might not get much run support, but his other numbers should be terrific.

Hendricks is one of the most underrated pitchers in Major League Baseball. All this guy does is win games, and he does so with a very low ERA.

There are some great arms in the National League and some great choices at the top. If you want value, look at Gray or Hendricks.