Okay NFL fans, let's dive into all the latest NFL MVP odds.
After Baltimore Ravens quarterback Lamar Jackson ran away with his second MVP award last season, the race for the 2024-25 NFL MVP has Kansas City Chiefs quarterback Patrick Mahomes once again the favorite.
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NFL MVP Odds
| Player | Odds |
|---|---|
| Patrick Mahomes | +350 |
| Josh Allen | +550 |
| C.J. Stroud | +850 |
| Jalen Hurts | +1000 |
| Joe Burrow | +1500 |
| Lamar Jackson | +1600 |
| Tua Tagovailoa | +1600 |
| Brock Purdy | +1600 |
| Dak Prescott | +1800 |
| Jared Goff | +2000 |
| Aaron Rodgers | +2200 |
| Justin Herbert | +2800 |
Odds as of September 10th, from FanDuel
Baltimore Ravens quarterback Lamar Jackson took home his second MVP trophy last season. The former Louisville star lit up NFL defenses while tossing for 3,678 passing yards, 24 touchdowns and seven interceptions to go along with 821 rushing yards and five scores on the ground. However, Jackson sits far behind Patrick Mahomes after Baltimore's Week 1 loss to Kansas City, with the Chiefs QB favored at +350.
NFL MVP Pick: Josh Allen (+550)
Josh Allen isn't a perfect quarterback — he makes weird decisions and throws bad interceptions. But, Allen is perfectly positioned to win the NFL's MVP this year. With Stefon Diggs out of the picture and an injured defense, all the credit for Buffalo's wins will go to Allen, and he'll have to do a lot of heavy lifting to get those wins.
Buffalo's Week 1 win over the Cardinals is a perfect example of what we'll see from Allen this year. The QB ran for 40 yards plus two touchdowns and passed for another two scores... and the Bills still barely won. Allen is the most valuable player in football, and that'll give him a good shot at winning this MVP award.
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Value MVP Pick: Brock Purdy (+1600)
Remember when Brock Purdy was the NFL MVP favorite for a large chunk of last season? Remember when he finished the 2023-24 campaign with the highest yards-per-attempt, QBR, and passer rating in the NFL?
I get that there are knocks on Purdy as a 'system QB,' but he has the chance to put up numbers that'll force MVP voters to give him this award. If you take out the late-December game against the Ravens, when Purdy threw four interceptions in a crushing loss, he probably would've WON the MVP award last year.
With a commanding win over the Jets in Week 1, Purdy still has a solid shot at putting together the individual and team success he'll need to win this one.
NFL MVP Winner History
| Year | Player | Position | Team |
|---|---|---|---|
| 2023 | Lamar Jackson | QB | Baltimore Ravens |
| 2022 | Patrick Mahomes | QB | Kansas City Chiefs |
| 2021 | Aaron Rodgers | QB | Green Bay Packers |
| 2020 | Aaron Rodgers | QB | Green Bay Packers |
| 2019 | Lamar Jackson | QB | Baltimore Ravens |
| 2018 | Patrick Mahomes | QB | Kansas City Chiefs |
| 2017 | Tom Brady | QB | New England Patriots |
| 2016 | Matt Ryan | QB | Atlanta Falcons |
| 2015 | Cam Newton | QB | Carolina Panthers |
| 2014 | Aaron Rodgers | QB | Green Bay Packers |
NFL MVP Odds Betting Strategy & Trends
Keep in mind, Lamar Jackson was +1400 to take home the award at this time last year. Going further back, Mahomes was +800 in 2022, followed by Aaron Rodgers at +800 in 2021, and Rodgers at +3000 in 2020. The electric Jackson was +4000 prior to his spectacular 2019 breakout season. Before that, Mahomes the magician was a longshot before his own breakout season at +3525. All of this to say, there is value on the NFL MVP futures board if you look further down the odds.
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All you have to do is determine which quarterback you think will break out in 2024. No other position has taken home the MVP trophy since Adrian Peterson's spectacular 2,000-yard campaign in 2012. The odds of a non-quarterback winning the award are so long that San Francisco 49ers standout Christian McCaffrey currently sits 19th on the odds board at +5000. Having said that, McCaffrey put up over 2,000 total yards and scored 21 touchdowns in 2023 and finished third in MVP voting.
So when it comes to betting on NFL MVP handicapping, we’ll stick to quarterbacks only for now, and perhaps switch gears during the season if a non-QB really starts to separate. Historically, the two largest factors that determine the NFL MVP are touchdowns and team wins.
Since 2010, Matt Ryan is the only player to win MVP on a team that had fewer than 12 wins. Thus, we're searching for a quarterback that has a chance to lead this team to a high number of wins, while contributing a high number of touchdowns in those victories.
With futures bets, it’s important to snag odds early. As we get closer to the Super Bowl, the lines will move. Sportsbooks update the odds as players up their production or are plagued by injuries. Keep in mind that if you were to back a player in the MVP race and he suffers a season-ending injury, most sportsbooks will give you your money back since you technically didn’t lose the bet and have no way of winning it.
Teams With the most NFL MVPs
| Team | MVP Awards Won | Most Recent NFL MVP |
|---|---|---|
| Green Bay Packers | 10 | Aaron Rodgers (2021) |
| Indianapolis Colts | 9 | Peyton Manning (2009) |
| New England Patriots | 5 | Tom Brady (2017) |
| San Francisco 49ers | 5 | Steve Young (1994) |
| Buffalo Bills | 4 | Thurman Thomas (1991) |
| Las Vegas Raiders | 4 | Rich Gannon (2002) |
| Cleveland Browns | 4 | Brian Sipe (1980) |
| Los Angeles Rams | 4 | Marshall Faulk (2000) |
| Kansas City Chiefs | 3 | Patrick Mahomes (2022) |
| Denver Broncos | 3 | Peyton Manning (2013) |
| Tennessee Titans | 3 | Steve McNair (2003) |
| Washington Commanders | 3 | Joe Theismann (1983) |
| Minnesota Vikings | 3 | Adrian Peterson (2012) |
| Cincinnati Bengals | 2 | Boomer Esiason (1988) |
| New York Jets | 2 | Joe Namath (1969) |
| Los Angeles Chargers | 2 | LaDainian Tomlinson (2006) |
| New York Giants | 2 | Lawrence Taylor (1986) |
| Baltimore Ravens | 1 | Lamar Jackson (2019) |
| Carolina Panthers | 1 | Cam Newton (2015) |
| Seattle Seahawks | 1 | Shaun Alexander (2005) |
| Chicago Bears | 1 | Walter Payton (1977) |
| Detroit Lions | 1 | Barry Sanders (1997) |
The Houston Texans, Jacksonville Jaguars, Arizona Cardinals, Philadelphia Eagles, New Orleans Saints and Tampa Bay Buccaneers have never produced an NFL MVP.
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NFL MVP Futures FAQ
Can I bet on who will win the NFL MVP?
Yes, you can bet on who will win the NFL MVP. Like pretty much any and every other sport on planet Earth, you can wager on who you believe will be the league’s Most Valuable Player. Online sportsbooks release odds for a list of athletes with the best chance to win the National Football League MVP.
Who is the favorite to win the NFL MVP?
Kansas City Chiefs quarterback Patrick Mahomes is the -450 favorite in the NFL MVP odds. He’s followed on the oddsboard by Josh Allen (+800) and Joe Burrow (+800).
Who won the NFL MVP in 2021?
Green Bay Packers quarterback Aaron Rodgers won the NFL MVP Award in 2021. It was the second straight regular-season MVP award for Rodgers and the fourth of his career.
Which team has the most NFL MVP Award winners?
The Green Bay Packers have produced 10 NFL MVP Sportsbooks. The Indianapolis Colts are in second place with nine Sportsbooks.
Who has won the most NFL MVP awards?
Peyton Manning (five) has the most MVP awards in NFL history.
When was the last time a non-QB won NFL MVP?
Minnesota Vikings running back Adrian Peterson won the NFL MVP in 2012. Since then, only quarterbacks have won the award.
