Current MLB Rookie of the Year 2024 Odds, Betting Lines & Favorites

We’ve covered the current MLB MVP odds, MLB Cy Young odds and all the betting information that surrounds both those futures markets. Now, we dig into the MLB Rookie of the Year odds – this completes the trifecta of headline-grabbing MLB awards. We won’t just set you up for a late-season bet on the MLB Rookie of the Year odds 2024, but a strategy moving forward for years to come.

With history, trends, odds and betting education, this article offers a comprehensive look at wagering on the sport’s brightest young stars. With MLB Rookie of the Year futures for both the American and National Leagues, monitoring these markets is critical to tracking emerging stars in baseball. Stick with us as we dive into sportsbook options, details of the MLB Rookie of the Year candidates and so much more.

Current MLB Rookie of the Year 2024 Odds

DraftKings Sportsbook will be the vessel for MLB Rookie of the Year odds throughout this piece. If you have yet to sign up with DraftKings, do so with this link. DraftKings' instant $200+ bonus should provide plenty of incentive. Just deposit and wager $5 to receive $200 and a No Sweat SGP every day before your bet on MLB Rookie of the Year betting odds even settles.

DraftKings doesn’t just offer terrific NL and AL Rookie of the Year odds in 2024, but for a variety of futures across all sports. With just one month left remaining in the season, DraftKings has stripped National League Rookie of the Year odds as Arizona Diamondbacks outfielder Corbin Carroll has it all but sealed. The current odds to win Rookie of the Year in the AL look like this at DraftKings:

American League:

1. Gunnar Henderson (BAL): -700
2. Triston Casas (BOS): +750
3. Tanner Bibee (CLE): +1500
4. Masataka Yoshida (BOS): +1500
5. Josh Jung (TEX): +4500

Betting on MLB Rookie of the Year Futures

Every major sportsbook provides MLB Rookie of the Year betting odds, but each sportsbook has slightly different prices. It’s important to compare odds for futures markets before identifying your play so that you can figure out the best price and positive estimated value. Qualifying for the DraftKings $200 bonus with a wager on MLB Rookie of the Year odds 2024 is a solid idea because you are credited with six $25 betting credits as soon as your bet is placed.

Doing so with any sign-up bonus can be beneficial though. FanDuel, Caesars, BetMGM and Bet365 are the other options with top-notch MLB Rookie of the Year odds and starting bonuses to pair along with them. You can sign up with each of these sportsbooks and their respective offers using the links below: 

• DraftKings Sportsbook: Bet $5, Win $200 Instantly in Bonus Bets + Daily No Sweat SGP tokens
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• Bet365 Sportsbook: Bet $5, Get $150 in Bonus Bets OR Up to $1,000 Back on a Losing First Wager

MLB Rookie of the Year Candidates for 2024: Who are the Favorites?

Below, we detail four MLB Rookie of the Year candidates for 2024 in total: one from the NL and three from the AL. The leading favorites in each league are included in this analysis, but the other two MLB Rookie of the Year favorites are the only other feasible betting options this late in the season. DraftKings doesn’t offer NL ROY odds at the moment, but FanDuel still has them listed at extreme prices, so we have detailed Corbin Carroll’s odds at FanDuel below.

(NL) Corbin Carroll MLB Rookie of the Year Odds (-7000 at FanDuel)

This list begins with the all but guaranteed NL Rookie of the Year: Arizona Diamondbacks All-Star outfield sensation, Corbin Carroll. Carroll’s quick rise to stardom should come as no surprise. The 22-year-old Seattle native has been a touted prospect for a couple of years now due to his elite speed, advanced hitting approach and unassuming lethal pop.

Carroll debuted at the end of 2022, accumulating an .830 OPS and a 1.2 WAR in 34 games. Now, with his first complete season in the works, Carroll has only built on an impressive showing with a 4.9 WAR and a top-15 OPS in all of baseball. His slugging numbers are more advanced than scouts predicted at this age and his base-stealing ability has been on full display. The Diamondbacks’ playoff push have only enhanced the optics of Carroll’s odds to win MLB Rookie of the Year in the NL, and his season-long production seems too valuable to be supplanted by an up-and-comer like Elly De La Cruz or any other young buck on the Cincinnati Reds.

(AL) Gunnar Henderson MLB Rookie of the Year Odds (-700 at DraftKings)

Baltimore Orioles’ 22-year-old SS Gunnar Henderson got off to a slower start in his MLB career than he and his front office would have liked, but the once-touted prospect hit a groove in the summer months and has been a staple atop Baltimore’s lineup ever since. His offense has fed into increased confidence on the defensive side and Henderson now sits as the leadoff hitter with a WAR well over 4.0 on the team with the best record in the American League.

As a 6’3” lefty hitter with great power and speed, Henderson provides thump and plenty of spark to get things started for his team, while striking fear in the eyes of opposing starting pitchers. The only stat holding Henderson back from seizing the Rookie of the Year Award is his batting average, which is below .250.

(AL) Triston Casas MLB Rookie of the Year Odds (+750 at DraftKings)

Because the MLB Rookie of the Year odds 2024 for the AL are still subject to change in the final month, there is one player who has crept firmly into the conversation. Yoshida’s much younger teammate, 1B Triston Casas, has been mashing this summer after a rough spring. With an OPS well over .800 and over 20 home runs, Casas has been one of the most impactful hitters on a shortlist of favorites to win this award.

With plus power and an extended hot streak at the plate, Casas is an intriguing play on DraftKings’ MLB Rookie of the Year odds 2024 at +750 because if he finishes the year just as strong, it will be difficult to deny the best and most consistent hitter of the group since June.

(AL) Masataka Yoshida MLB Rookie of the Year Odds (+1500 at DraftKings)

At 30 years old, Red Sox outfielder Masataka Yoshida may seem like an unconventional candidate in his odds to win MLB Rookie of the Year, but he is just another in a long line of impressive Japanese imports who immediately stun MLB fans with uncanny hitting ability. The AL race is so much tighter than the NL, which means keeping up with DraftKings odds on a weekly or even daily basis is crucial.

Yoshida is interesting because most of his value derives from his batting average. With just a 1.3 WAR, his defense is not a shining attribute. But, because he has made such an impact with the bat and has one of the highest batting averages in baseball against fastballs, Yoshida has an edge over some other prospective candidates.

MLB Rookie of the Year 2024: Longshot Candidate

The AL race ends with Texas Rangers All-Star 3B Josh Jung (+4500 at DraftKings). Jung is the only one of the AL MLB Rookie of the Year candidates in 2024 that was named to the All-Star Team. Not only that, but Jung was voted in as the starter. Jung was right in the thick of one of baseball’s best offenses, but a thumb injury in early August ended his regular season. The young slugger crushed left-handed pitching this year, and eclipsed 20 home runs in 109 games.

Jung was as hot as any player in the spring, but experienced a decline over the summer. His body of work is still impressive, but a low walk rate and high strikeout rate combined with his injury are factors keeping this dangerous hitter’s odds to win the MLB Rookie of the Year a bit lower.

How the MLB Rookie of the Year is Decided

Quite similar to how the Cy Young and MVP Awards are decided, the Rookie of the Year Awards are voted upon by the Baseball Writers' Association of America before the beginning of the postseason and are based on a weighted points system.

Important factors for deciding these honors include similar criteria to the other major awards as well, such as WAR. With Rookie of the Year, however, more rudimentary measurements can come into play, such as a team’s record ballooning with that player on the field. Number of games played also matters less for this award, as the impact in those games played takes greater precedence.

Still, there are eligibility requirements, as MLB rules state a player is considered a rookie unless he has 130 at-bats, 50 innings pitched, or 45 total days on an active MLB roster prior to September 1.

Trends & Statistics for the MLB Rookie of the Year

Recently, MLB Rookie of the Year in the AL has favored outfielders. Since 2017, six outfielders have won the award, the lone exception being two-way superstar DH/SP Shohei Ohtani. With Yoshida leading the current MLB Rookie of the Year odds, the AL might award an outfielder for the 25th time overall (to lead all position groups) and for the seventh time in the last eight years.

Between the NL and AL, you have to go back to 2016 to find a starting pitcher to earn the award (Michael Fulmer DET). That trend looks like it will hold with zero pitchers within DraftKings’ MLB Rookie of the Year favorites.

In the AL, Josh Jung will look to secure the West’s seventh Rookie of the Year in the last eight years.

The Arizona Diamondbacks are searching for their first-ever Rookie of the Year in Corbin Carroll, meaning every franchise will have one in their history.

Teams With Most MLB Rookie of the Year Winners

1. Brooklyn/Los Angeles Dodgers: 18
2. Boston/Atlanta Braves & New York Yankees: 9
3. Cincinnati Reds & Philadelphia/Oakland Athletics: 8

Teams With no MLB Rookie of the Year Winner

Arizona Diamondbacks

Past 10 Winners of MLB Rookie of the Year

The past winners have no bearing on how this year’s Rookie of the Year Awards are decided.

Who Has Won the MLB Rookie of the Year Most Often?

You can only win a Rookie of the Year Award once, so no player has won the award more often than any other.

FAQs

How are MLB Rookie of the Year Odds Determined?

Going into a season, MLB Rookie of the Year betting odds are determined by prospect status, opportunity and MLB-ready potential. Odds to win Rookie of the Year are updated throughout the season and stay current depending on how the group of rookies are performing.

Can a Player Win the MLB Rookie of the Year Multiple Times?

No, a player can only win this award once because rookie eligibility ends after you win the award.

Do MLB Rookie of the Year Odds Vary Across Different Sportsbooks?

Yes, odds vary between sportsbooks. For example, at FanDuel, Corbin Carroll carries -7000 odds, but at DraftKings, he carries such overwhelming current MLB Rookie of the Year odds that they aren’t even available.

When is the MLB Rookie of the Year Announced?

MLB Rookie of the Year odds 2024 will meet fate when the awards are announced in mid-November, following the conclusion of the postseason. 

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