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NFL MVP Odds 2026: Best NFL MVP Betting Odds & More

The NFL MVP award is the most prestigious individual honor an NFL player can win. That prestige also makes it one of the most highly contested postseason awards and this competition makes the NFL MVP odds one of the most watched wager types heading into an NFL season.
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Updated Mar 15 2026, 01:00PM EDT
NFL MVP Odds
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How to Read NFL MVP Betting Odds

Current NFL MVP odds will be listed as either a positive or a negative number (in most cases for NFL MVP odds, it will be a positive number). For example,  the first iteration of 2025 NFL MVP odds have Patrick Mahomes as the favorite with +600 odds with most serious contenders priced at +3000 and lower.

This positive number indicates how much money you will win with a $100 bet, which in Mahomes' +600 odds case is $600. A negative number (e.g., -10000) illustrates how much money you need to bet in order to win $100. You can usually find these wagers in the NFL futures section of the top online sportsbooks.

The NFL Most Valuable Player odds can vary between sportsbooks, which gives bettors the opportunity to find value on a given player at one sportsbook versus another. Here are the six leading sports betting apps that offer NFL Most Valuable Player odds, along with their flagship introductory offer.

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Lamar Jackson won his second-career NFL MVP trophy in 2025 by accounting for 29 total touchdowns and over 4,499 total yards en route to leading the Ravens to the No.1 seed in the AFC, (Photo by Kirby Lee/Gambling Websites Sports)

How NFL MVP Odds Work

NFL MVP odds can vary by notable amounts, so your best option is to review the odds from various NFL betting apps shown above and then pick the one that has the highest payout for the player you think will win the 2025-24 NFL MVP award. 

The odds to win NFL MVP are not based solely on how a player does on the field, as the voters have shown that they take other factors into account when deciding who will win this award. Keeping that in mind, here are some things to consider when reviewing 2025-24 NFL MVP betting odds. These tips can also help when you are thinking about making wagers based on NFL odds.

Favorites

The favorites for this award are almost always quarterbacks from the best teams in the NFL, so field generals such as Patrick Mahomes, Josh Allen, Joe Burrow and Lamar Jackson are unsurprisingly the headliners in the initial odds release. Players from other positions almost never join this favorites category, as it has been since 2012 that a non-quarterback won this award.

Underdogs

It's not unheard of for underdogs to win the Most Valuable Player award, as over the past eight years Lamar Jackson (2019), Matt Ryan (2016) and Cam Newton (2015) all won this honor despite being Most Valuable Player underdogs coming into the season. This is a good reason to consider wagering 2025-25 underdogs such as C.J. Stroud (+1400), Trevor Lawrence (+2500), Matthew Stafford (+3000) and Anthony Richardson (+4000). These odds are courtesy of DraftKings.

NFL Futures

Super Bowl NFL futures markets are made available right after the end of the previous season's Super Bowl and NFL MVP futures are also among the first markets to open for the upcoming season. For those of you still learning how to bet on sports, this allows you to get ahead of the betting curve by placing your NFL futures wagers before the season gets underway and thus can be a profitable approach if you pick players whose upside has yet to be fully acknowledged by the betting public.

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Patrick Mahomes opened as the favorite to win NFL MVP in 2025. It would be the third MVP award of his career. (Photo by Joe Camporeale/Gambling Websites Sports)

How to Choose the Best Odds to Win NFL MVP

Choosing the best odds to win NFL MVP can be a multi-faceted process, so many savvy sports bettors use various methods to do so. These include the following:

Consistency

Players who have an established track record of success tend to have an easier time getting NFL Most Valuable Player votes than players who have yet to prove themselves capable of being consistent performers at the highest level.

Here are four 2025 NFL MVP candidates who have displayed this consistency (odds per BetMGM):

  • Patrick Mahomes (+600): Mahomes is not only setting out for the first three-peat in the Super Bowl era for the Kansas City Chiefs, he is also searching for the third MVP award of his illustrious career. He opens as the favorite for the 2025 NFL MVP.
  • Josh Allen (+800): Allen finished fifth in MVP voting in 2025 and will enter the year behind only Mahomes in the MVP odds. He led the NFL in total touchdowns (51) last season.
  • Joe Burrow (+900): A wrist injury cut Burrow's season short in 2025 but the Bengals' signal caller is considered a serious contender for the MVP Award in 2025.
  • C.J. Stroud (+1100): Stroud burst onto the scene in 2025 by winning Offensive Rookie of the Year and now has his sights set on an MVP trophy to add to his collection.
  • Lamar Jackson (+1200): Lamar Jackson won his second MVP trophy in 2025 with a dominant season that put him one vote shy of a unanimous MVP distinction.

Choose the Best Sportsbooks

To highlight how to choose the best sportsbooks for placing your NFL MVP wagers, consider C.J. Stroud's current NFL MVP odds at BetMGM (+1100), Caesars Sportsbook (+1200), FanDuel (+1100) and DraftKings (+1400).

The betting public at FanDuel thinks that Stroud has a greater chance of winning the 2025-25 NFL MVP than bettors at the other online sportsbooks, but savvy bettors who think Stroud will garner this award will place that bet at DraftKings or Caesars due to the higher payout levels there.

These sportsbooks also offer guidance for how to bet on the NFL and how to bet on the Super Bowl, as well as providing information on NFL Most Valuable Player betting odds.

Betting Options

In addition to a wager directly on 2025 NFL MVP odds or for making NFL picks and predictions, you can also place a bet on certain players versus the field. For example, Caesars Sportsbook offered -240 odds on any player other than Patrick Mahomes, Joe Burrow or Josh Allen to win the NFL MVP.

You can also make NFL MVP parlay wagers as part of a multi-legged bet that can be combined with other NFL futures such as a Week 1 wager, over/unders on team win/loss totals or if an NFL team will qualify for the playoffs in the 2025 season. Payouts are bigger for successful NFL parlays because the risk is greater.

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Where to Find the Best NFL MVP Odds

Since the NFL Most Valuable Player odds can vary depending on where you place your bets, you may want to consider signing up for a new account using one or more of the top sportsbook promo codes. Here is an overview of six of those deals, along with one or more areas where each sports betting app stands out, plus who is currently the NFL Most Valuable Player odds leader at that sportsbook.

1. BetMGM

BetMGM is one of the best places to make parlay wagers, as it has an Easy Parlay feature that lives up to its name. It also offers additional wager protection through its Cash Out and Edit My Bet features. You can use these features by signing up for an account using the BetMGM bonus code that gets new customers a welcome offer worth up to $1,500. Simply make an initial wager of at least $5 and you will receive a refund in bonus bets if the bet loses.

BetMGM is now live in North Carolina, where new customers can find a generous BetMGM North Carolina bonus code offer.

2. Caesars Sportsbook

Caesars Sportsbook posts more odds boosts than its competitors and it allows you to bet on individual players to win the NFL Most Valuable Player award or to wager on the field versus certain favorites. The Caesars Sportsbook promo code gives new users a first bet offer worth up to $1,000 on Caesars. If your first bet is graded as a loss, you receive a one-time bonus bet equivalent to your initial wager up to $1,000. Bonus bet expires 14 days after issuance.

Football fans can check out the Caesars Sportsbook North Carolina promo code now that online sports betting is legal in the Tar Heel State. 

3. Fanatics Sportsbook

The Fanatics Sportsbook promo code gives new customers who establish an active account up to $1,000 in bonus bets – up to $100 a day for the first 10 days after you open your new account. To participate, you must place a qualifying wager of $5 or more on any market with odds of -200 or longer each day. Once that bet settles, you will receive a bonus bet equal to the amount of your wager, up to $100.

4. FanDuel

FanDuel often has higher payouts for wagers than most other online sportsbooks. The FanDuel promo code has a great new offer with $200 in bonus bets up for grabs. Simply create your account, make a deposit of at least $10 and place a $5 wager on any market. If the bet wins, you get $200 in bonus bets.

The FanDuel North Carolina promo code is now available in NC and gets new customers $250 in bonus bets.

5. DraftKings

In addition to having odds to win the NFL Most Valuable Player award, DraftKings also offers betting markets for individual awards such as Offensive or Defensive Rookie of The Year, Comeback Player of The Year and Coach of The Year. The DraftKings promo code gets you $150 in bonus bets instantly when you make a first wager of at least $5. 

NFL fans in North Carolina can now take advantage of the DraftKings North Carolina promo code for $250 in bonus bets.

6. BetRivers

BetRivers is an underrated online sportsbook, as it has an array of sports betting markets and wager types that matches or exceeds many other sports betting apps. Using the BetRivers promo code generates a second-chance bet of up to $500, though the amount varies depending on your location. Patrick Mahomes is the BetRivers odds leader for the 2025 NFL Most Valuable Player award, as he has +700 odds.

7. ESPN BET

ESPN BET kicked off its launch with a generous promotion for new customers. First-time customers who use ESPN BET promo code at signup get $150 in bonus bets after making a wager of any amount on any game, any sport. For example, a $10 wager on who you think will win MVP. The bonus will be added to your account with five $20 bonus bets instantly followed by a $50 bonus bet within 48 hours of the initial wager being placed. 

In order to claim the ESPN BET promo code, new users must copy in the promo code -- TODAY -- to get the bonus bets added to their account.

Bonus bets do not have real cash value, but any winnings from the bonus bets will have real cash value that will be credited to your account upon the wager being settled. Note that bonus bets must be placed within seven days of issuance.

How to Bet on NFL MVP Odds

Although there are many different elements in the various sportsbook promo codes, the process to sign up for these deals is quite similar. Here are five account registration steps that apply to each of them.

  1. Click any BET NOW button in this review for your preferred online sportsbook. This will bring up an online registration page for that sports betting app.
  2. Fill out this page by providing some basic personal information such as name, address and email address and then create a username and password.
  3. When applicable, type in the bonus or promo code requested, such as Caesars Sportsbook promo code.
  4. Confirm via GPS that you are located in a state where your preferred online sportsbook is licensed and operates, then verify that you are legally old enough to place an online sports betting wager in that state.
  5. Make the required initial deposit. If you are using a mobile device, you will need to download the online sportsbook's app prior to making your deposit.

States With NFL MVP Betting

There are 24 states and the District of Columbia that currently post live NFL MVP odds and Super Bowl odds, as these locations have approved online sports betting for these particular markets. 

That list will increase to include Kentucky betting apps and North Carolina betting apps by early 2025, as both of those states are in the process of finalizing legal online sports betting. Along with New Jersey, Michigan and Massachusetts, these are among the biggest sports betting markets in the US:

Get the Best NFL MVP Odds Today

The NFL Most Valuable Player odds can shift throughout training camp, the preseason and the NFL regular season, so you will want the ability to place wagers at the most favorable opportunities. The best way to do this is to sign up for one or more of the online sportsbooks listed on this page and then keeping an eye on the odds adjustments throughout the year. These sportsbooks are also among the top Super Bowl betting sites, so you can make wagers all the way through to the big game.

NFL MVP Odds FAQs

Patrick Mahomes of the Kansas City Chiefs is the NFL MVP favorite for 2025 with +600 odds. Strong contenders like Josh Allen, Joe Burrow, Lamar Jackson and C.J. Stroud all have competitive odds as well.
Quarterbacks for Super Bowl-contending teams often comprise the top tier of the MVP odds standings and this year is no different. Kansas City's Patrick Mahomes leads the way in the early MVP odds, followed by Josh Allen, Joe Burrow and Lamar Jackson.
It's as simple as signing up at one of the online sportsbooks like BetMGM, Caesars, Fanatics and placing you NFL MVP bet. These sportsbooks all offer great welcome offers for new players.
The best sportsbooks to bet on NFL Most Valuable Player odds depend on what you are looking for from an online sportsbook. If you want odds boosts, Caesars Sportsbook will be your selection since it has hundreds of these posted every week. Ease of placing parlay wagers is a big plus for BetMGM. DraftKings and FanDuel both have huge selections of sports betting markets, while BetRivers affords you interesting ways to go against the beaten path in sports betting. You can also sign up for multiple online sportsbooks and benefit from all of these wager upside elements.
Kansas City Chiefs quarterback Patrick Mahomes is the NFL MVP favorite for 2025. He has won the award twice already in 2018 and 2022.

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Gambling Websites Editorial Team is one of the pioneers of the football analytics movement. He was a Senior Writer for ESPN, covering fantasy football, the NFL, college football, and the NFL draft for 14 years. He has also penned material for The Athletic, The New York Times and The Philadelphia Inquirer. KC’s Scientific Football book series broke new ground in the football analytics world and was purchased by nearly half of NFL teams.