NFL MVP Odds
The Big Award
There are some big awards handed out to players at the end of every NFL season, but the NFL MVP is the biggest award available. It takes exceptional play and a clean bill of health to be named MVP of the NFL.
This award is typically handed out to the best quarterback in the league, and the top four betting favorites all play that position. The NFL MVP odds change after every single game, and they can change in a big way.
It’s not impossible for a running back or wide receiver to take home this award, but they have to do or be something special. Team success also seems to have an impact on the NFL MVP race, since the winner usually comes from one of the best teams in the league.
NFL MVP Odds
The NFL MVP odds change throughout the NFL season. And they start to tighten up with just one week to go. The list also gets shorter sometimes as some of the favorites break away from the pack. Let’s have a look at the 2023 odds for reference:
2023-2024 NFL MVP Odds
| Player | Odds to Win |
|---|---|
| Josh Allen | +1200 |
| Jalen Hurts | +2000 |
| Patrick Mahomes | +2500 |
| Tua Tagovailoa | +2500 |
| Tyreek Hill | +2500 |
| Jared Goff | +12500 |
Playoff stats don’t matter when it comes to winning this award, but you can still bet on which player you think will ultimately be handed the award. Take a look at the 2023 NFL MVP award odds and see how they fared:
Josh Allen +1200
Throughout the initial month of the 2022 season, Josh Allen held the position of the betting favorite. However, as the year progressed, both he and the Buffalo Bills encountered challenges. An elbow injury and inconsistent performance hampered Buffalo’s season and derailed Josh Allen’s MVP campaign.
Jalen Hurts +2000
After being a betting favorite for a significant portion of the 2022 season but facing an injury setback, Jalen Hurts reemerged as a contender for his first NFL MVP. The Eagles‘ quarterback secured the second spot in the 2022 MVP voting. Boasting an impressive record of 14-1 as a starter, he accumulated 3,701 passing yards, 760 rushing yards, and scored 35 all-purpose touchdowns during that remarkable season.
Patrick Mahomes +2500
The Kansas City Chiefs did not get off to a strong start, but Mahomes remained the favorite for the MVP award after Week 1.
Tua Tagovailoa +2500
Tua Tagovailoa, the Dolphins‘ quarterback, started Week 1 with relatively low odds in the NFL MVP betting, barely making it into the Top 10. However, as he entered Week 2, he surged to become either the second-choice or co-favorite (depending on your source) to win the NFL MVP award.
Lamar Jackson
Seasons 2021 and 2022 were disappointing for Jackson and the Ravens, with only 12 games played each year and playoff struggles.
Dak Prescott
The Cowboys boast one of the NFL’s most well-rounded rosters, and Dak Prescott now has an undoubtedly improved set of weapons at his disposal.
Joe Burrow
Joe Burrow got off to a slow start in 2022, but he ended the year in a big way. Burrow threw for 4,45 yards and 35 touchdowns, and he got the Cincinnati Bengals another NFC North Division title.
Which Were the NFL MVP 2023 Betting Trends?
- Patrick Mahomes was the favorite to win the 2023 NFL MVP with odds of +800.
- Following closely was Tua Tagovailoa at +700 in the MVP race.
- Jalen Hurts was also a strong contender with odds of +1000.
- Joe Burrow had odds of +1600.
- Dak Prescott rounded out the list with odds of +1400.
Past 12 NFL MVP Winners
- 2023: Lamar Jackson (Quarterback) – Baltimore Ravens
- 2022: Patrick Mahomes (Quarterback) – Kansas City Chiefs
- 2021: Aaron Rodgers (Quarterback)- Green Bay Packers
- 2020: Aaron Rodgers (Quarterback)- Green Bay Packers
- 2019: Lamar Jackson (Quarterback)- Baltimore Ravens
- 2018: Patrick Mahomes (Quarterback)- Kansas City Chiefs
- 2017: Tom Brady (Quarterback)- New England Patriots
- 2016: Matt Ryan (Quarterback)- Atlanta Falcons
- 2015: Cam Newton (Quarterback)- Carolina Panthers
- 2014: Aaron Rodgerse (Quarterback)- Green Bay Packers
- 2013: Peyton Manning (Quarterback)- Denver Broncos
- 2012: Adrian Peterson (Running Back)- Minnesota Vikings
NFL MVP Betting Tips
The time in which you are going to find the most value when betting on the NFL MVP Award is at the beginning of the season. This is also going to make it hard to predict the NFL MVP odds for the year. This happens because injuries can end up having a big impact.
The best NFL MVP betting tip is to place a small wager on a handful of players. You should also be looking to hedge your bets during the season as your preseason picks might fade quickly.
Betting on a player outside of the quarterback position is not usually a smart move either. Even if you see some potentially big payouts based on the odds, this award is typically given to a QB.
MVP Future Bets Explained
Futures betting is a solid betting option, and it’s one that typically comes with a ton of value in the odds. Futures betting odds come out months before the season begins, and those odds then start to change as the games are played.
When it comes to NFL MVP future betting, you will see a list of about 100 players to begin the season. That list will be updated throughout the year. And there will only be a short list of players by the end of the year.
There is no limit to the number of NFL MVP futures bets that you can make, and they can be made at anytime until the winner is announced.
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The NFL MVP Award is chosen by a collection of voters from the Associated Press. Those votes are then tallied and a winner is announced at the conclusion of the NFL season.
Peyton Manning has won five AP NFL MVP Awards, which is more than any other player in league history. Aaron Rodgers has won this award four times, and he is the only player that has gotten more than three besides Manning.
Running back Adrian Peterson was the last non-quarterback to be chosen as the NFL MVP. Peterson won this award in 2012 as a member of the Minnesota Vikings.
The NFL MVP odds are typically released after the conclusion of the NFL Draft every year in April. The opening lines are going to remain in place until the start of the season, unless there are significant injuries.
The Green Bay Packers have had the NFL MVP Award winner 10 times, which is most of any team in the league.
