MLB Awards Odds: MVP, Cy Young, Rookie of the Year & Manager of the Year Odds

The 2026 MLB regular season gets underway on Wednesday, March 25, and although each team’s ultimate goal will be to win the World Series, there are plenty of other awards to win. For players, the biggest awards are the American League MVP and National League MVP, but pitchers are striving to win the AL Cy Young and NL Cy Young. Younger players will have a go at the AL Rookie of the Year and NL Rookie of the Year, while managers try to bring home the AL Manager of the Year and NL Manager of the Year.

It can be hard to keep track of every award, which is why we’ve created a one-stop shop for all things regarding the current races. So, let’s dive into the latest MLB MVP odds, Cy Young odds, MLB Rookie of the Year odds and MLB Manager of the Year odds as we break down each of these MLB futures odds markets at a few of the best MLB betting sites around.

👑 MLB Awards Odds & Markets

🏆 MLB MVP Odds

The MLB MVP is given to a player from both the American League and National League, and it has been awarded to a player from both leagues since 1911. Lately, the award has gone to players who have shown their value at the plate or as an outfielder, as eight of the last 10 MVPs in the American League and National League have been designated hitters (DH) or outfielders (OF), as shown by the current MLB MVP odds. 

The Yankees Aaron Judge took home the award in the AL last year, marking the third time in four seasons that he’s won. In the NL, Shohei Ohtani won the MVP, marking the third straight year in which the Dodgers star has won. The only time Judge didn’t take home the award over the past four seasons came when Shohei was still playing for the Los Angeles Angels. Ohtani is unique because he’s won the AL and NL MVP, joining Frank Robinson as the only two players to win the MVP in both leagues. Both Ohtani and Judge will be in the mix for this year’s MVP in the AL and NL yet again, as these two have won the award in consecutive seasons. 

🥇 AL MVP Odds

As stated above, Judge will once again be in the mix for the AL MVP race. Over the last 10 seasons, an outfielder has won the AL MVP six times and a DH and an infielder have won twice. Here are the current AL MVP odds for the five players leading the pack:

• Aaron Judge – New York Yankees (+250)
• Bobby Witt Jr. – Kansas City Royals (+500)
• Cal Raleigh – Seattle Mariners (+850)
• Julio Rodriguez – Seattle Mariners (+1000)
• Nick Kurtz – Oakland Athletics (+1000)

Judge (+250) is the current frontrunner for the award, but Bobby Witt Jr. (+500) and Cal Raleigh (+850) aren’t too far behind. Last season was a two-horse race between Judge and Raleigh, and although the Yankees star pulled it out in the end, Raleigh was just as deserving. The Seattle Mariners catcher had career highs in nearly every batting category and set a record for the most home runs by a catcher with 60.

However, the Yankees slugger was just as impressive at the plate. Judge recorded 53 home runs (fourth in the MLB), 114 runs batted in (fifth in the MLB) and a career-high 0.331 batting average (first in the MLB). He led the MLB in batting average, slugging percentage, WAR, was second in walks and fourth in hits. We said this last season, but if Judge has anywhere close to a similar season, it’s safe to say he’ll take home his fourth AL MVP.

🥇 NL MVP Odds

For the National League race, the Dodgers Shohei Ohtani will spearhead the charge, but there are plenty of players that could knock him off his pedestal. Ohtani would capture his fourth MVP if he wins this year, and only Barry Bonds has completed this feat. Here are the latest NL MVP odds for the five players with the best chances of winning this season:

• Shohei Ohtani – Los Angeles Dodgers (-115)
• Juan Soto – New York Mets (+800)
• Ronald Acuña Jr. – Atlanta Braves (+1200)
• Fernando Tatis Jr. – San Diego Padres (+1400)
• Corbin Carroll – Arizona Diamondbacks (+1800)

Like the AL, there is a clear leader when it comes to NL MVP odds: Shohei Ohtani. The Dodgers star is the odds-on favorite to win the award for the third consecutive season in the NL, and if he stays healthy, it’s hard to make an argument against him. If you’re looking for a longshot with a chance to win this year’s NL MVP if Ohtani doesn’t stay healthy, I’d point towards the Atlanta Braves Ronald Acuña Jr. (+1200). The outfielder suffered his second-career ACL tear in 2024, and although he only played 95 games, he still earned an All-Star spot. Additionally, he won the award in 2023, so if he returns to form, he’ll be right in the mix.

When it comes to Ohtani winning last year’s award, it was no surprise to see the Dodgers superstar win again. He had a career-high 55 HRs to go along with 20 stolen bases, 102 RBIs and posted a 0.282 BA. Additionally, he started 14 games, recording a 2.87 ERA. It’s hard to compete with the Japanese superstar, and if he plays anywhere close to his performance from last season, he’ll win an MVP award for the fifth time in six seasons.

⚾ Cy Young Odds

🥇 AL Cy Young Odds

Tarik Skubal enters the 2026 season as the favorite to win the AL Cy Young after winning the award in two consecutive seasons. Over the last 10 seasons, an AL pitcher has won the award with an ERA under 2.85 nine times, while strikeout leaders have taken home the honor in just three of those years. Here are the current AL Cy Young odds for the five frontrunners:

• Tarik Skubal – Detroit Tigers (+300)
• Garrett Crochet – Boston Red Sox (+400)
• Hunter Brown – Houston Astros (+900)
• Framber Valdez – Detroit Tigers (+1000)
• Jacob deGrom – Texas Rangers (+1000)

Skubal was the clear leader to start the season after leading the AL in ERA (2.21), WHIP (0.89) and WAR (6.6) last season. However, the Red Sox Garret Crochet (+400) wasn’t far behind, as he led the league in strikeouts (255) and was sixth in the MLB in ERA (2.59) in his first season in Boston. If you’re looking for a longshot, Jacob deGrom (+1000) is a two-time Cy Young winner who could be in the mix if he stays healthy.

Skubal had another fantastic season in 2025, leading the AL in ERA, WHIP and WAR. Additionally, he was just behind Crochet in strikeouts (241) and was tied for second in the AL with innings pitched (195.1). However, historical trends are against him, as there has never been a pitcher in the AL who has won the award in three consecutive seasons. Randy Johnson (1999-2002) is the last pitcher to accomplish this feat, but he did so for the Arizona Diamondbacks in the NL.

🥇 NL Cy Young Odds

Paul Skenes entered 2025 as the favorite to win the NL Cy Young after a stellar rookie season and is still right in the mix. Over the last 10 seasons, the award has gone to a pitcher with an ERA under 2.45 eight times, while four of the last 10 winners ranked first in strikeouts. 

Here are the current NL Cy Young odds for the five frontrunners:

• Paul Skenes – Pittsburgh Pirates (+250)
• Yoshinobu Yamamoto – Los Angeles Dodgers (+450)
• Hunter Greene – Cincinnati Reds (+900)
• Cristopher Sanchez – Philadelphia Phillies (+1100)
• Chris Sale – Atlanta Braves (+1100)

Skenes took home the award last year during his sophomore season, and it was well-deserved, as he posted a 1.97 ERA (first in the MLB), 10.4 K/9 (fifth in the NL), 8.0 WAR (second in the MLB) and a 0.95 WHIP (first in the ML). When it comes to longshot bets, the San Francisco Giants Logan Webb (+1400) is a decent bet, as he led the NL in strikeouts and innings pitched (207.0) last season and was second in wins and eighth in the NL in ERA (3.22).

Skenes had a historic rookie season in 2024, and he proved that wasn’t a fluke with how he pitched last season. He’s single-handedly given the Pirates hopes to make the postseason, and if he has another season with an ERA below 2.00, it’s hard not to see him winning another NL Cy Young.

🥎 MLB Rookie of the Year Odds

🥇 AL Rookie of the Year Odds

The Oakland Athletics Nick Kurtz took home the 2025 AL Rookie of the Year Award, marking the first time a 1B has won the award since Jose Abreu in 2014. Outfielders have won this award in five of the last 10 seasons, but the last three awards have gone to a SS, SP and 1B. Here are the current AL ROY odds for the top contenders:

• Trey Yesavage – Toronto Blue Jays (+300)
• Munetaka Murakami – Chicago White Sox (+400)
• Kazuma Okamoto – Toronto Blue Jays (+450)
• Carter Jensen – Kansas City Royals (+575)
• Tatsuya Imai – Houston Astros (+650)

This year’s race is extremely tight, as nine rookies have odds that are 12-1 or shorter! The Blue Jays starting pitcher, Trey Yesavage, is leading the charge, which is warranted given his performance in the postseason and World Series. The 22-year-old pitched 7.0 innings and recorded 12 strikeouts in a 6-1 Game 5 win against the Dodgers, allowing just 3 hits and 1 earned run. If he can consistently pitch in this fashion during the 2026 season, he should take home the 2026 AL Rookie of the Year.

🥇 NL Rookie of the Year Odds

The Atlanta Braves catcher Drake Baldwin won the 2025 NL Rookie of the Year, as he had 111 hits, 80 RBIs, 19 HRs and a .274 batting average. He was the first catcher to win the award in the NL since Buster Posey in 2010. Over the past 10 seasons, eight winners have been hitters, but P Paul Skenes won the award in 2024. Here are the current NL ROY odds:

• Nolan McLean – New York Mets (+350)
• Konnor Griffin – Pittsburgh Pirates (+375)
• JJ Wetherholt – St. Louis Cardinals (+400)
• Sal Stewart – Cincinnati Reds (+750)
• Moises Ballesteros – Chicago Cubs (+900)

Like the AL, the race for NL Rookie of the Year is extremely tight, and it is also led by a pitcher in Nolan McLean. He did make 8 starts in 2025, as he posted a 5-1 record and 2.06 ERA and actually finished T-11th in the 2025 Rookie of the Year race. However, he is technically a rookie again this season because he pitched fewer than 50 innings last season.

🧢 MLB Manager of the Year Odds

🥇 AL Manager of the Year Odds

The Guardians Stephen Vogt won the AL Manager of the Year in 2025, marking the second time he won the award in as many seasons. Over the last 10 seasons, the award typically goes to a manager whose team exceeded preseason expectations, and Vogt did just that, as Cleveland went 88-74 and won the AL Central for the second straight year. Here are the current AL MOY odds:

• Dan Wilson – Seattle Mariners (+600)
• Stephen Vogt – Cleveland Guardians (+650)
• John Schneider – Toronto Blue Jays (+650)
• Alex Cora – Boston Red Sox (+700)
• A.J. Hinch – Detroit Tigers (+700)

Dan Wilson is the frontrunner this season, but nine managers are sitting at 14-1 odds or shorter. He was unlucky not to win the award last year after leading the Mariners to a 90-72 record and AL West title, but he’ll be right in the mix again. History is also against Vogt winning the award for a third consecutive season, as no manager has ever accomplished this feat.

🥇 NL Manager of the Year Odds

It appears that the winner of the NL Central will win this year’s NL Manager of the Year, as four of the five managers with the shortest odds to win are all in that division! Here are the current NL MOY odds:

• Pat Murphy – Milwaukee Brewers (+600)
• Craig Counsell – Chicago Cubs (+600)
• Walt Weiss – Atlanta Braves (+700)
• Don Kelly – Pittsburgh Pirates (+1000)
• Terry Francona – Cincinnati Reds (+1000)

Pat Murphy won last year’s award for the second consecutive season after the Brewers won the NL Central for the third straight season AND led the MLB with 97 wins. His ability to continually maximize a roster without too much star power helped him secure the honor, but like Vogt in the AL, he’ll need to make history if he wants to win the award for the third consecutive season.

🔥 Best MLB Futures Betting Sites

If you want to bet on any MLB futures odds when it comes to these awards, you should do it at one of the best MLB betting sites around. Here are the best MLB futures betting sites to bet on MLB MVP odds and more:

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🧐 How to Bet on the MLB Awards

Here’s how you can bet on MLB MVP odds, Cy Young odds, MLB Rookie of the Year odds, MLB Manager of the Year odds or any other MLB futures odds:

1. Choose a Sportsbook – Select a reputable sportsbook that offers MLB awards betting.
2. Create an Account – Sign up by providing personal details and verifying your identity.
3. Deposit Funds – Add money to your account using a preferred payment method.
4. Navigate to MLB Futures – Find the “MLB Awards” or “Futures” section.
5. Select a Bet – Choose an award category and player/manager odds.
6. Enter Bet Amount – Input your wager in the bet slip.
7. Place Your Bet – Click “Confirm” or “Place Bet” to finalize.

🤔 How to Read MLB Futures Betting Odds & Calculate Winnings

Reading MLB futures betting odds can be difficult, which is why we broke it down below. MLB futures odds are listed in American format, using positive (+) and negative (-) numbers.

• Positive odds (+): Show how much profit you’d make on a $100 bet.
  • Example: +500 means a $100 bet wins $500 (total payout = $600).
• Negative odds (-): Show how much you need to bet to win $100.
  • Example: -150 means you must bet $150 to win $100 (total payout = $250).

Here are some example calculations for your MLB betting:

• A $50 bet on +300 pays $150 profit (total payout = $200).
• A $200 bet on +600 pays $1,200 profit (total payout = $1,400).
• A $100 bet on -200 wins $50 profit (total payout = $150).

📈 MLB Awards 2025 Season Betting Statistics

👑 MLB MVP 2025 Season Betting Trends

Heading into the 2025 season, Aaron Judge was one of the heavy favorites in the AL MVP race, with odds around +300. Shohei Ohtani was similarly favored for the NL MVP, sitting at +150. At the start of June, Judge was as short as a -13000 favorite to win the award before the Mariners Cal Raleigh came roaring into the race. Seattle’s catcher had +7400 odds to win the award at the start of the year, but by the time voting came around, he was as short as +100 to win. All in all, Judge was able to take home the award in the end.

The race in the National League was not nearly as exciting, as Ohtani had +150 odds to win the award at the start of the year and only slightly moved up to +250 odds at the end of April. However, he closed as a -3000 favorite to win the award as voting approached, and only the Phillies Kyle Schwarber (+500 at the end of August) was anywhere close to competing with Ohtani.

⚾ MLB Cy Young Award 2025 Season Betting Trends

In the AL Cy Young race, Tarik Skubal was the frontrunner to start the season, as his odds sat around +350 starting the season. By the end of April, those odds did balloon up to +400, as the Red Sox’s Garret Crochet took the lead with a +150 price after entering the season at +500. The Astros Hunter Brown did try to make his way into the race by the All-Star break (+1100), but it was a two-horse race in the end. Skubal was priced at -140, while Crochet was a +110 underdog as odds closed, and the Tigers ace won it all in the end.

In the NL, the Pirates Paul Skenes had the shortest odds entering the season (+250), and he never looked back. His odds never got longer than +250, and by the start of June, he was the odds-on favorite at -105. Although the Phillies Cristopher Sanchez (+650 on August 12) tried to make things easier, Skenes’ case to win the award in his second season was too strong.

🥎 MLB Rookie of the Year 2025 Season Betting Trends

In the AL, the Athletics Nick Kurtz started the season with +4500 odds, and he truly didn’t get into the mix until the start of July. By then, his odds shortened to +500, while his teammate, Jacob Wilson, was still the frontrunner with +100 odds. However, everything shifted by the end of July, as Kurtz became the odds-on favorite by the end of July. The Red Sox Roman Anthony tried to make the race interesting in August, but it was too little too late.

In the NL, Drake Baldwin was nowhere near the award at the start of the season, as he had +1600 odds entering the year and ballooned up to +4500 by mid-April. However, by the end of May, his odds shortened to +350, and he was the odds-on favorite at the start of August (-110). However, the Cubs Cade Horton made things interesting down the stretch and was actually the -125 favorite to win the award in September. All in all, Baldwin did enough to win the award in the end.

🧢 MLB Manager of the Year 2025 Season Betting Trends

Stephen Vogt, the manager of the Cleveland Guardians, was one of the top picks at +700 odds to win before the season started. However, his odds ballooned to +4000 midway through the year due to the Detroit Tigers’ success. However, the Guardians went 14-7 in September, climbing all the way back to win the AL Central for the second consecutive season. This was enough for Vogt to claim his second straight AL Manager of the Year award.

In the NL, Pat Murphy of the Milwaukee Brewers had similar odds as Vogt, as he sat around +800 entering the year. Although he won the award in 2024, he outdid expectations yet again, as the Brewers led the entire MLB with 97 wins, and Murphy continued to show how much he can do with less. His odds were as short as -200 at the All-Star break, and it always looked like Murphy was going to win the award for the second time in as many seasons.