Just three weeks into the 2024 Major League Baseball season, there has been significant movement on the Cy Young odds boards in both the American and National leagues. The top pitchers are being shuffled around due to serious injuries to the front-runners, poor performances by favorites, and standout starts from under-the-radar pitchers.

Let’s dive into the latest MLB Cy Young Award odds at the top U.S. sports betting sites.

American League Cy Young Award odds: Burns, Skubal emerge as favorites with Cole out

New York Yankees right-hander Gerrit Cole, last year’s Cy Young winner, was leading the odds boards until an elbow injury sidelined him early in the spring. With Cole out, the new favorite is…

Corbin Burnes, Baltimore Orioles RHP

Burnes’ odds have shortened from +1100 as he holds a 2-0 record with a 2.28 ERA. Acquired in an offseason trade, Burnes is a strong contender due to his past success.

Another emerging favorite is Tarik Skubal, Detroit Tigers LHP, who has been performing well. Cole Ragans of the Kansas City Royals is also making a case for himself.

AL Cy Young favorites falling

In addition to injuries affecting the top favorites, pitchers like Kevin Gausman of the Toronto Blue Jays and Framber Valdez of the Houston Astros have struggled early in the season.

Long shots for AL Cy Young to monitor

While it’s early, Kyle Bradish from the Baltimore Orioles and Jose Berrios from the Toronto Blue Jays are two starters with long odds worth keeping an eye on.

National League Cy Young odds: Strider injury opens door for Gallen, Wheeler, Glasnow

Spencer Strider, the favorite to win the NL Cy Young, is out for the season after surgery. This has shifted the odds boards, with pitchers like Zack Wheeler, Zac Gallen, and Freddy Peralta stepping up as contenders.

Pitchers like Tyler Glasnow and Yoshinobu Yamamoto are also in the mix, offering an exciting race for the NL Cy Young Award.

NL Cy Young long shots worth considering

Blake Snell from the San Francisco Giants and Edwin Diaz from the New York Mets are two veteran hurlers with long odds worth watching, especially if the top of the NL Cy Young odds board remains competitive.