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.
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 the opening day you place your bets.
MLB Regular Season Awards Betting: Uncovering Value in 2023 Season
In 2025, the MLB regular season award odds will 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 and NL MVP Shohei Ohtani, Aaron Judge, Gerrit Cole, Mookie Bets, and Francisco Lindor.