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MLB Regular Season Awards

Overview

Opening Day of the 2023 MLB has come and gone, and now is the time to dig into the MLB odds for regular season awards.

With six months of games between now and the end of the regular season, there will be multiple opportunities to make value bets in the MLB futures market. You must keep up with the current MLB lines, and that is what the following guide is designed to do.

Among the regular season awards with MLB lines at BetUS are: AL/NL MVP. AL/NL Cy Young and AL/NL Rookie of the Year trophies.

Each award is decided by a panel of judges composed of journalists from the Baseball Writers’ Association of America (BBWAA).

How to Bet on MLB Regular Season Awards

There is no official strategy for beating the MLB odds regarding season awards. But one relatively consistent trend is that preseason favorites only sometimes come out on top. Juan Soto is an excellent example of this. 2023 is the third year in a row he is favored to win the MVP, though he’s yet to come through.

Regarding how to bet on MLB regular season awards, we recommend looking at players other than those favorites in most cases.

Not only do they consistently fall short, but they also have the worst odds concerning value. Siding with an underdog, or dark horse, is considered a better strategy. However, underdogs become much riskier the further away from opening day you place your bets.

In 2023, the MLB regular season award odds present several chances to take advantage of beatable odds.

One such award with good underdog value is the American League Cy Young award race. Seven players offer MLB lines between +600 and +1000, including favorites to win the AL MVP Shohei Ohtani, Jacob deGrom, Gerrit Cole, Alek Manoah, and Dylan Cease.

The hunt for the AL Rookie of the Year is also one where we can potentially snag some value outside the top picks. Gunnar Henderson (+275) is the early favorite, with Antony Volpe and Masataka Yoshida tied for second at +450.

While all three have the skills to win the ROY, Trison Casas (+1000) and Josh Jung (+1600) provide better value this early in the season.

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MLB Regular Season Awards FAQS

BetUS is an excellent option for MLB betting on regular season awards for the same reasons they are a top sportsbook. BetUS provides comprehensive, competitive, and up-to-the-second odds with top-tier customer service and worthwhile promotions.
On the homepage of the BetUS Sportsbook. Click the dropdown menu at the top left for all sports. Click on the Baseball tab. Scroll down to the MLB Regular Season Awards section and choose from one of the six options available. Click to display selected, and the MLB odds for that prop will be shown.
AL MVP: Shohei Ohtani +200
AL Cy Young: Jacob deGrom +600
AL ROY: Gunnar Henderson +250
NL MVP: Juan Soto +550
NL Cy Young: Sandy Alcantara +550
NL ROY: Corbin Carroll +350
Winners of all MLB regular season awards have been voted on by the Baseball Writers Association of America (BBWAA). The group has decided on the MVP since 1934, the Rookie of the Year since 1947, and the Cy Young since 1967.

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Rolling If Bets (RIF) allow you to use the balance (amount) from existing wagers to make a new wager. As long as existing wagers have not been graded, the amount wagered can still be used to make new wagers. However, if your original wager loses, the Rolling If Bet is then cancelled. There are two options for ties (pushes); you can specify if you want the Rolling If Bet to continue in case of a tie or simply cancel the RIF.

Rolling If Bets are:
  • only allowed on straight bets, Parlays and Teasers.
  • not available with Free Plays or Futures and Props
  • only available if you have pre existing, non graded wagers
  • you can only use the funds from the amount of the pre existing wager
How to Place a Rolling If Bet:
  • Choose any straight, parlay or teaser and Place it on the Bet Slip
  • Click on the Rolling If Bet button next to the wager detail
  • In the RIF dropdown, choose a wager that you want to use for RIF
  • Click on "If Win Only" or "If Win or Push" (explained above)
  • Fill in the amount and confirm your wager (the system will not allow you a higher amount than what is available)
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