⚾ MLB MVP Odds & Favorites 2026: Shohei Ohtani, Yordan Alvarez Lead the Way
Shohei Ohtani is sprinting away from the field while priced at -1000 in the latest MLB MVP odds on the NL side. Kyle Schwarber is his closest competition, but he's miles back at +2000.
Meanwhile, the AL race was given a significant shakeup with reigning winner Aaron Judge now out until likely August due to a rib injury. Yordan Alvarez quickly rose to replace him as the favorite, and he's now getting +150 odds, with Bobby Witt Jr. narrowly behind at +155, and then Ben Rice following at +350.
We’ll track how the odds change throughout the campaign and highlight our best MVP bets along the way.
🔢 American League MVP odds 2026
Live 2026 AL MVP Award odds from our best MLB betting sites. Should Judge be favored on the AL MVP odds board?
✏️ American League MVP bets
Here are the AL MVP bets the SBR team is making throughout the 2026 MLB season.
| Bet (odds) | SBR analyst | Date |
|---|---|---|
| Bobby Witt Jr. AL MVP (+450 via FanDuel) | Dustin Saracini | March 22, 2026 |
Saracini: Bobby Witt Jr.'s true five-tool profile makes him a natural candidate to take over the MVP spotlight. Last season, he ranked in the 90th percentile in xwOBA, xBA, xSLG, and average exit velocity, while pairing elite defense and speed at a premium position. He's my top pick to unseat Aaron Judge from the throne. Don't shy away from clicking his name on the AL MVP odds board.
🔢 National League MVP odds 2026
Live 2026 NL MVP odds from our best sports betting apps
✏️ National League MVP bets
Here are the NL MVP bets the SBR team is making throughout the 2026 MLB season.
| Bet (odds) | SBR analyst | Date |
|---|---|---|
| Shohei Ohtani (-200) | Dustin Saracini | March 22, 2026 |
Saracini: Betting on Shohei Ohtani to win the NL MVP is essentially a play on his historic consistency. Even as a primary DH, he remains the favorite because he anchors the league's most dangerous lineup and will always be one of the best pitchers in baseball. The market is widely dead as a result. I bet on him early, and you likely won't see odds shorter than the -370 we're seeing right now.
🗠 MLB MVP opening odds
Odds as of November 2025.
| American League | Odds | National League | Odds |
|---|---|---|---|
| Aaron Judge | +300 | Shohei Ohtani | -110 |
| Bobby Witt Jr. | +500 | Juan Soto | +800 |
| Cal Raleigh | +750 | Ronald Acuña Jr. | +1200 |
| Nick Kurtz | +900 | Fernando Tatis Jr. | +1200 |
| Julio Rodríguez | +1000 | Francisco Lindor | +1500 |
| Vladimir Guerrero Jr. | +1200 | Corbin Carroll | +1500 |
| José Ramírez | +1300 | Elly De La Cruz | +1700 |
| Yordan Alvarez | +1500 | Manny Machado | +2000 |
| Gunnar Henderson | +1600 | Ketel Marte | +2200 |
| Junior Caminero | +1700 | Rafael Devers | +2500 |
📜 MLB MVP odds history
🏆 Past AL MVP winners
| Year | Name | Position | Preseason odds |
|---|---|---|---|
| 2025 | Aaron Judge, NYY | OF | +400 |
| 2024 | Aaron Judge, NYY | OF | +550 |
| 2023 | Shohei Ohtani, LAA | DH/SP | +200 |
| 2022 | Aaron Judge, NYY | OF | +2000 |
| 2021 | Shohei Ohtani, LAA | DH/SP | +3000 |
| 2020 | Jose Abreu, CWS | 1B | OFF |
| 2019 | Mike Trout, LAA | OF | +125 |
| 2018 | Mookie Betts, BOS | OF | +2500 |
| 2017 | Jose Altuve, HOU | 2B | +1200 |
| 2016 | Mike Trout, LAA | OF | +160 |
| 2015 | Josh Donaldson, TOR | 3B | +1600 |
🏆 Past NL MVP winners
| Year | Name | Position | Preseason odds |
|---|---|---|---|
| 2025 | Shohei Ohtani, LAD | DH | +350 |
| 2024 | Shohei Ohtani, LAD | DH | +900 |
| 2023 | Ronald Acuna Jr., ATL | OF | +900 |
| 2022 | Paul Goldschmidt, STL | 1B | +6600 |
| 2021 | Bryce Harper, PHI | OF | +1700 |
| 2020 | Freddie Freeman, ATL | 1B | +2500 |
| 2019 | Cody Bellinger, LAD | OF | +3000 |
| 2018 | Christian Yelich, MIL | OF | +15000 |
| 2017 | Giancarlo Stanton, MIA | OF | +4500 |
| 2016 | Kris Bryant, CHC | 3B/OF | +1000 |
| 2015 | Bryce Harper, WAS | OF | +2000 |
❓ MLB MVP FAQs
Who are the MLB MVP favorites?
Yordan Alvarez is a +150 betting favorite in the AL, while Shohei Ohtani is a -1000 favorite in the NL.
Who won the MLB MVP awards last year?
Los Angeles Dodgers designated hitter Shohei Ohtani won his third MVP Award and second in the National League in 2024.
In the American League, New York Yankees outfielder Aaron Judge won his third MVP Award.
When will the MLB MVP Awards be decided?
The MLB MVP Awards were announced on Thursday, Nov. 13 last year, so a similar timeline is expected this season.
Who has won the most MLB MVP Awards?
Barry Bonds holds the MLB record with seven MVP Awards. No other player has won more than three, with 10 players tied at that mark.
📃 Affiliate disclosure
Sportsbook Review may receive a commission if you sign up through our links. Not intended for use in MA. Bonuses not applicable in Ontario. 21+ only. (Gambling problem? Call 1-800-GAMBLER)
Related Articles
