Pirates ace Paul Skenes' success disrupting betting market

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Paul Skenes' early success has disrupted the betting market around the National League Rookie of the Year Award and put him among the Cy Young favorites.

is disrupting the betting market, causing odds to move dramatically overnight and even prompting one sportsbook to halt betting on the National League Rookie of the Year altogether, figuring the race was already decided. Skenes has been that good.. Entering the game, ESPN BET had Skenes listed at 30-1 to win the National League Cy Young.

Skenes, who began the year in the minors, opened as long as 200-1 to win the Cy Young after being called up in May. He now has the third-shortest Cy Young odds in the NL, behind onlyPatrick Jay, senior vice president and head of sportsbook for ESPN BET, said a combination of Skenes' strong performances, betting interest and the nod to start Tuesday's All-Star Game triggered the big odds movement.

Randy Blum, baseball oddsmaker for the SuperBook in Las Vegas, had Skenes' odds to be named rookie of the year were -500 before Thursday's start and would've moved him to -1,000, but elected to instead take an even more extreme measure. "I closed the pool after yesterday," Blum said of his NL Rookie of the Year betting market."Unless he gets hurt, he's a lock to win. He's that good from what we've seen so far."

Skenes' popularity is growing with bettors, as well. At DraftKings, Skenes has attracted twice as much money wagered as any other pitcher since making his MLB debut in May. He's the third-most bet player overall at DraftKings since May, behind only

 

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