AL Cy Young 2024 Odds Update and Betting Advice: Lugo Has Value, Skubal the Favorite

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The All-Star Game is almost here and there are several pitchers dominating at the halfway point of the MLB season. Let’s look at the AL Cy Young odds, the favorite, and potential sleepers for the award in 2024.

AL Cy Young Odds

(Skubal is the Cy Young favorite in the AL. Photo: David Reginek-USA TODAY Sports)

Tarik Skubal from the Detroit Tigers finds himself on top of the latest odds to win the Cy Young. Corbin Burnes and Garrett Crochet follow. Take a look at the latest odds.

AL Cy YoungOdds
Tarik Skubal+190
Corbin Burnes+240
Garrett Crochet+800
Logan Gilbert+1200
Tanner Houck+1700
Seth Lugo+1900
Cole Ragans+2200
Jack Flaherty+2300
Luis Castillo+2500
George Kirby+3500
Joe Ryan+4800
Pablo Lopez+5500
Grayson Rodriguez+7000
Jose Berrios+7500
Framber Valdez+7500
Luis Gil+8500
Chris Bassitt+10000
Bryce Miller+10000
Nathan Eovaldi+12000
Tanner Bibee+12000
Ronel Blanco+13000

Tarik Skubal is the Favorite

Tarik Skubal has been great for the Detroit Tigers this season sporting a 9-3 record with an ERA of 2.32. He is striking out 10.4 batters per nine and has an absurd WHIP of 0.94. Skubal has 11 quality starts of his 16 this season and has thrown 97.0 innings while surrendering just 8 homers.

The Tigers have not been as good as they probably thought they would be this year. They would be crazy to think about trading Skubal but you never know what could happen in late July.

Skubal is +190 which means a $100 bet would win $190. Whatever you bet, if he wins the award, you would win 1.9 times that amount.

Seth Lugo Putting Up Great Numbers

(Lugo leads the AL in wins with 11. Photo: Peter Aiken-USA TODAY Sports)

Seth Lugo is +1900 and climbing the ranks. This is a pretty good value considering it’s 19 to 1. You bet $100 and you would win $1,900 if he were to win the Cy Young.

Lugo has been great this year with an 11-2 record and a 2.17 ERA. He is striking out 8.1 batters per nine and has a WHIP of 1.03. Also, he leads AL pitchers in WAR at 4.2. The dude could easily find himself holding the Cy Young at the end of the year if he keeps this up.

Corbin Burnes in the Running

Corbin Burnes and the Orioles are having a great season while showing last year was no fluke in Baltimore. They are here to stay and compete in the tough AL East. Burnes is second in the AL in ERA with a 2.28 mark and is 9-3 on the year. He has a WHIP of 1.03 and is striking out 8.4 batters per nine innings.

Burnes has 13 quality starts on the year and has 99 strikeouts compared to 24 walks. Right now, he is +240 to win the award. A $100 bet wins $240. Whatever bet you place, Burnes winning would pay out 2.4 times.

What About Closer Emmanuel Clase?

Could we see a closer win the award this season? Emmanual Clase has been unhittable closing out games for the Cleveland Guardians. He has 25 saves and an ERA of 0.69. And his WHIP is even better at 0.64. Clase is striking out 8.9 batters per nine and has given up just 3 earned runs in 39.1 innings.

Unfortunately, he will likely not be in the running with such great performances out of Skubal, Lugo, and Barnes. It’s very difficult to win a Cy Young as a relief pitcher.

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written by

Sam hails from Grandville, Michigan. He has a rich sports background, including playing baseball at Central Michigan before covering high school sports and working with the Orlando Magic. He earned his broadcasting/journalism degree from Central Michigan University and was a member of the 2010 MAC Championship baseball team. Sam developed his expertise while working with Betsperts, Bleacher Nation, and 4for4 in various areas such as writing, social media, betting research, and business development. He's a big fan of the NBA, NFL, and MLB, highly interested in data and statistics.

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