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Shota Imanaga of the Chicago Cubs celebrates in the fifth inning against the San Diego Padres, and we look at the best MLB Rookie of the Year odds at our best sports betting sites.
Shota Imanaga of the Chicago Cubs celebrates in the fifth inning against the San Diego Padres. Photo by Griffin Quinn/Getty Images via AFP.

Two big offseason pitching additions headline our oddsboard as we look at the 2024 MLB Rookie of the Year odds from our best MLB betting sites.

The 2024 MLB Rookie of the Year race is dominated by two offseason additions by National League World Series odds contenders.

Yoshinobu Yamamoto's move to the Los Angeles Dodgers made more headlines, but it's Chicago Cubs left-hander Shota Imanaga who's thus far stealing the show, and he serves as the favorite to win NL Rookie of the Year.

In the American League, Baltimore Orioles outfielder Colton Cowser remains the favorite after spending much of the offseason in the shadow of teammate and No. 1 prospect Jackson Holliday. For his part, Holliday is back in the minor leagues after a brief, disappointing stint in the majors.

Who will emerge as the two most valuable rookies in 2024? We break down the MLB Rookie of the Year odds from our best sports betting sites.

Odds to win AL Rookie of the Year

(AL Rookie of the Year odds as of May 8)

PlayerDraftKingsFanDuelBetMGMbet365
Colton Cowser+120 ❄️+220 🔥+125+125
Evan Carter+330+500 🔥+325 ❄️+350 
Wilyer Abreu+650+650 +600 +500 ❄️
Wyatt Langford+1500 ❄️+2500 +2500 +2500 
Wenceel Perez+1500 ❄️+3500 🔥+1800 +2500
Kyle Manzardo+2000 🔥+1500 +1400 +1400 
Junior Caminero+2000 🔥+1500 +1200 ❄️+1400 
Jackson Holliday+2000 ❄️+6500 +3000 +8000 🔥
Joey Loperfido+2500+3000 🔥+2500 OFF
Heston Kjerstad+3000 ❄️+8000 🔥+4000 +5000 

AL Rookie of the Year odds analysis

May 8, 2024: The biggest development in the AL Rookie of the Year market is that the Texas Rangers placed Wyatt Langford on the 10-day injured list with a hamstring injury. Langford, who entered the season as the co-favorite with teammate Evan Carter, was already struggling to begin the campaign, and this could really hurt his chances of winning the award.

As a result of his own strong play and lackluster numbers by most of the other high-profile rookies in the AL, Colton Cowser is a relatively significant favorite.

The biggest mover over the last two weeks is Boston Red Sox outfielder Wilyer Abreu, who was as long as +12500 on April 24 but now is trading around +600.

One of the most confusing storylines is whether Oakland Athletics phenom closer Mason Miller is actually a rookie. FanGraphs lists him as a rookie, but Baseball Reference notes that he exceeded his rookie limits in 2023. FanDuel lists Miller as the favorite in the AL, but none of our other best sports betting apps even offer him. For now, it's best to avoid him until we get more clarity.

Odds to win NL Rookie of the Year

(NL Rookie of the Year odds as of May 8)

PlayerDraftKingsFanDuelBetMGMCaesarsbet365
Shota Imanaga+250 +190 ❄️+225 +275 🔥+200 
Yoshinobu Yamamoto+350 +380 +375+425 🔥 +350 
Jared Jones+400 +650 🔥+400+375 ❄️+550 
Michael Busch+600 +950 🔥+750 +600 +650 
Andy Pages+800 +950 🔥+700 +650 ❄️+900 
Jackson Merrill+800 +1200 🔥+1000+750 ❄️+1000
Paul Skenes+1200 +2500 🔥+2000 +1200 +2000 
Jung Hoo Lee+1800 ❄️+2300 +2000+2500 🔥+2200 
Jackson Chourio+2500 +2800 🔥+2500 +2200 ❄️+2500 
Jacob Young+2800 ❄️+5000 +3500 +6000 🔥OFF

NL Rookie of the Year odds analysis

May 8, 2024: Los Angeles Dodgers offseason addition Yoshinobu Yamamoto was the runaway favorite in this market for nearly a month, but he's now sharing that status at our sites with the best sportsbook promos.

Both Yamamoto and Imanaga have been outstanding this season, with the latter owning a truly absurd 1.08 ERA through seven starts.

Chicago Cubs infielder Michael Busch has slipped a bit following a scorching-hot stretch, and he's now the fourth-biggest favorite.

Once the favorite in this market, Jackson Chourio's odds have lengthened significantly due to his inconsistent play.

One of the biggest movers since Opening Day is Pittsburgh Pirates right-hander Jared Jones, who's been phenomenal through six starts. He's struck out 52 through 41 innings, giving up only 27 hits and five walks. He's as long as +650 now.

Past Rookie of the Year winners

Previous AL Rookie of the Year winners

YearPlayerTeamPosition
2023Gunnar HendersonOriolesSS
2022Julio RodriguezMarinersOF
2021Randy ArozarenaRaysOF
2020Kyle LewisMarinersOF
2019Yordan AlvarezAstrosDH/OF
2018Shohei OhtaniAngelsDH/SP
2017Aaron JudgeYankeesOF
2016Michael FulmerTigersSP
2015Carlos CorreaAstrosSS
2014Jose Abreu White Sox 1B

Previous NL Rookie of the Year winners

YearPlayerTeamPosition
2023Corbin CarrollDiamondbacksOF
2022Michael HarrisBravesOF
2021Jonathan IndiaReds2B
2020Devin WilliamsBrewersRP
2019Pete AlonsoMets1B
2018Ronald AcunaBravesOF
2017Cody BellingerDodgersOF
2016Corey SeagerDodgersSS
2015Kris BryantCubs3B/OF
2014Jacob deGromMetsSP

MLB Rookie of the Year odds explained

One of the benefits of betting on the MLB Rookies of the Year - as is the case with most player award futures markets - is that the odds on every option are relatively long to start the season. Therefore, by betting on Rookie of the Year, you can make your money go further by placing a smaller wager and winning more than you would with most daily markets.

The odds will shift throughout the season as players separate themselves with their performances. It's just as important to track the progression of the rookies as it is to the odds themselves.

MLB Rookie of the Year FAQs

Who are the Rookie of the Year favorites?

Colton Cowser and Shota Imanaga are the favorites to win Rookie of the Year in the American League and National League, respectively.

When will the Rookie of the Year winners be announced?

There's no set date for the announcement of the 2024 MLB Rookie of the Year Awards, but last season's winners were unveiled on Nov. 14, 2023.

Who won the Rookie of the Year awards in 2023?

Baltimore Orioles shortstop Gunnar Henderson won the award in the American League, and Arizona Diamondbacks outfielder Corgin Carroll was the National League's recipient.

MLB betting odds pages

Here are our best MLB betting sites:

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