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  5. Cy Young Odds

Cy Young Odds 2026

Kalshi's markets on the 2026 Cy Young award, one for each league. Cam Schlittler leads the AL at 100%, and Jacob Misiorowski leads the NL at 100%.
2026 · Live marketUpdated today at 2:20 AM ET
Where these odds come from: Each percentage is the price of that candidate's Kalshi contract: the midpoint of the order book where it is tight, otherwise the last trade. A contract with a result shows 100% for Yes and 0% for No. Prices are not a Kalshi forecast.
American League

2026 AL Cy Young odds

Cam Schlittler leads at 100%, ahead of Aroldis Chapman at <1%, from 42 priced candidates. Top 15 of 42 priced candidates. 7d is the move in percentage points over the last seven days.
2026 AL Cy Young odds
ContenderOdds7dTrade
1Cam Schlittler
100%+2ppTrade
2Aroldis Chapman
<1%−1ppYes 1¢
3Brayan Bello
<1%−1ppYes 1¢
4Bryan Woo
<1%−1ppYes 1¢
5Bryce Miller
<1%−1ppYes 1¢
6Carlos Rodon
<1%−1ppYes 1¢
7Casey Mize
<1%−1ppYes 1¢
8Cole Ragans
<1%−1ppYes 1¢
9Drew Rasmussen
<1%−1ppYes 1¢
10Dylan Cease
<1%−1ppYes 1¢
11Garrett Crochet
<1%−1ppYes 1¢
12Gavin Williams
<1%−1ppYes 1¢
13George Kirby
<1%−1ppYes 1¢
14Gerrit Cole
<1%−1ppYes 1¢
15Grayson Rodriguez
<1%−1ppYes 1¢
National League

2026 NL Cy Young odds

Jacob Misiorowski leads at 100%, ahead of Aaron Nola at <1%, from 46 priced candidates. Top 15 of 46 priced candidates. 7d is the move in percentage points over the last seven days.
2026 NL Cy Young odds
ContenderOdds7dTrade
1Jacob Misiorowski
100%+3ppTrade
2Aaron Nola
<1%−1ppYes 1¢
3Andrew Abbott
<1%−1ppYes 1¢
4Blake Snell
<1%−1ppYes 1¢
5Brady Singer
<1%−1ppYes 1¢
6Brandon Woodruff
<1%−1ppYes 1¢
7Bryce Elder
<1%−1ppYes 1¢
8Bubba Chandler
<1%−1ppYes 1¢
9Cade Horton
<1%−1ppYes 1¢
10Chase Burns
<1%−1ppYes 1¢
11Chris Sale
<1%−1ppYes 1¢
12Cristopher Sanchez
<1%−1ppYes 1¢
13David Peterson
<1%−1ppYes 1¢
14Edward Cabrera
<1%−1ppYes 1¢
15Eury Perez
<1%−1ppYes 1¢
Method

How Cy Young odds work

The Cy Young Award goes to each league's best pitcher. In each league, 30 members of the Baseball Writers' Association of America, two from each of the league's cities, vote at the end of the regular season, before the postseason starts, and the winners are announced in November.

Every row is a contract on Kalshi. Yes pays $1 if that candidate wins the award and No pays $1 if they do not, so the price of Yes in cents reads as the market's implied chance in percent. Each contract is priced on its own, so the column can add up to a little more or less than 100%.

The 7d column is how far that price has moved in the last seven days, in percentage points.

FAQ

Cy Young odds questions

Who is the favorite for the 2026 AL Cy Young?
Cam Schlittler leads at 100% on Kalshi, ahead of Aroldis Chapman at <1%. That is the market price of the contract, not a Kalshi forecast.
Who is the favorite for the 2026 NL Cy Young?
Jacob Misiorowski leads at 100% on Kalshi, ahead of Aaron Nola at <1%. That is the market price of the contract, not a Kalshi forecast.
Who won the 2025 AL Cy Young?
Tarik Skubal, as Kalshi's settled 2025 market recorded it.
Who won the 2025 NL Cy Young?
Paul Skenes, as Kalshi's settled 2025 market recorded it.
How is the Cy Young decided?
The Cy Young Award goes to each league's best pitcher. In each league, 30 members of the Baseball Writers' Association of America, two from each of the league's cities, vote at the end of the regular season, before the postseason starts, and the winners are announced in November.
How do Kalshi's Cy Young odds work?
Every row is a contract on Kalshi. Yes pays $1 if that candidate wins the award and No pays $1 if they do not, so the price of Yes in cents reads as the market's implied chance in percent. Each contract is priced on its own, so the column can add up to a little more or less than 100%.
Related MLB pages

Keep exploring

The markets these odds are read from, and the rest of Kalshi's MLB coverage.
2026 AL Cy Young market2026 NL Cy Young marketMLB MVP oddsMLB Rookie of the Year oddsWorld Series oddsMLB playoff oddsAll MLB markets