Pro football betting markets are open for business. NFL MVP odds are available to bet on, with Ravens QB Lamar Jackson (+500) and Bills QB Josh Allen (+600) as the favorites. View live Most Valuable Player odds for all of the top NFL players below.
NFL MVP odds
Here are live NFL MVP odds for this season. Lamar Jackson (+500) is the current betting favorite.
How NFL MVP odds are changing
Here we will take a look at how NFL MVP odds are changing over the course of this year. The NFL MVP openers are from February 11.
| Player | Opening NFL MVP odds |
|---|---|
| Lamar Jackson | +450 |
| Josh Allen | +500 |
| Joe Burrow | +600 |
| Patrick Mahomes | +800 |
| Jayden Daniels | +950 |
| Jalen Hurts | +2000 |
| Justin Herbert | +2200 |
| C.J. Stroud | +2200 |
| Jared Goff | +2500 |
| Jordan Love | +2500 |
| Caleb Williams | +3000 |
| Brock Purdy | +3000 |
| Trevor Lawrence | +3000 |
| Dak Prescott | +3500 |
| Baker Mayfield | +3500 |
| Tua Tagovailoa | +4000 |
| Saquon Barkley | +5000 |
| Kyler Murray | +5000 |
| Matthew Stafford | +5000 |
| Bo Nix | +6000 |
| Drake Maye | +6000 |
| Sam Darnold | +6000 |
| Michael Penix Jr. | +7000 |
| Geno Smith | +7500 |
| Bryce Young | +8000 |
What happened last year?
Joe Burrow, Patrick Mahomes and Josh Allen began last season as the betting favorites to win NFL MVP with odds ranging from +650 to +800. By mid-December, Josh Allen pulled away from the field with a -900 price compared to +550 for Lamar Jackson and +1300 for Saquon Barkley. The Eagles RB was in the mix as a result of chasing the NFL’s single-season rushing record and his Eagles being among the Super Bowl favorites.
Despite his Chiefs having the NFL’s best record, Mahomes was no longer a contender late in the season due to the standout play of Allen and Jackson. For NFL Week 13, the NFL MVP race was close with Allen (+150) and Jackson (+250) holding down the top spots followed by Barkley (+475) and Lions QB Jared Goff odds (+700). Mahomes had a +1300 price at this point. Allen, who began the season with +800 odds to win NFL MVP, beat out fellow finalists Jackson and Barkley.
MVP futures betting
NFL MVP bets are among the most popular in the futures market at the best betting sites and top betting apps, and now it’s becoming easier than ever to plunk some money down on your best bet to win the award in 2024.
All player markets currently offered are at plus-money in terms of odds. This means bettors correctly pegging the eventual award winner will make several times their original wager.
One trend will be very apparent as we delve into this year’s top candidates: it’s highly probable the MVP award ultimately goes to a quarterback. Fourteen of the last 15 MVPs have been QBs. Adrian Peterson (2012) is the only one to break the grip over that span.
Of active signal-callers, there have been only two repeat winners – Tom Brady (2007, 2010, 2017) and Aaron Rodgers (2011, 2014, 2020-21).
How to bet NFL MVP futures
Maximizing a wager on any future outcome pertaining to a sporting event — or in the case of the NFL MVP award winner, an end-of-season occurrence – is heavily predicated on timing. By their very nature, odds on futures wagers are subject to varying degree of fluctuation. In the case of player-level futures like NFL MVP, a number of different factors can influence the trajectory of his futures odds as the games unfold week to week.
Any multi-week injury to the player naturally will cause odds to get much longer. Any serious MVP candidate essentially must play as close to 16 games as possible in order to accrue the kind of numbers necessary to have a realistic chance at the award. A player that begins the season considerably underperforming or goes into an in-season, multi-game funk will also see their odds drop.
Naturally, a reverse effect is seen if a player begins to significantly outperform preseason expectations. Another factor that can particularly shoot quarterbacks up the ladder is when a supporting offensive cast turns out to be even better than expected. Such a development often helps the candidate’s own numbers to an appreciable degree.
Where can you bet on MVP futures?
NFL MVP futures markets are available at all legal, regulated sportsbooks. NFL MVP futures are located behind the NFL tab in online sportsbook platforms, under a specific Futures tab. Typically, NFL MVP futures may often be found behind a “Player Futures” or “Awards” tab. Within that section, bettors will find a listing of all of the “wagerable” players in that betting market, along with their corresponding odds at that point in time.
How is the NFL MVP award typically decided?
The officially recognized NFL MVP award – the one that NFL MVP futures wagers are graded on – is that which is awarded by the Associated Press. A panel of 50 sportswriters conduct their vote at the conclusion of the regular season and prior to the beginning of the playoffs. The timing ensures that the regular season is the sole performance sample that is considered when the vote is conducted. The announcement of the MVP award winner occurs the day before the Super Bowl.
Despite the “spirit” of the term “most valuable player” – specifically, the characterization bestowed on a player whose absence would have the greatest negative impact on his team – that in itself is usually not enough without sufficient accompanying statistical reinforcement.