NFL Defensive Player of the Year Odds 2024-25: Parsons Holds as Mid-Summer Favorite
It felt like only a matter of time before Myles Garrett, one of the best pass-rushers of this generation, would win the first NFL Defensive Player of the Year Award of his career. Checking out the best 2024-25 NFL Defensive Player of the Year odds from our best NFL betting sites, it looks like he'll be in contention to grab his second in a row.
However, the Cleveland Browns star isn't the favorite to defend his crown in 2024. That honor belongs to Dallas Cowboys stalwart Micah Parsons, who's trading as short as +500 and is a consensus favorite.
Garrett is in a clump of contenders not far off Parsons' trail, joined by T.J. Watt, Nick Bosa, and Maxx Crosby.
NFL Defensive Player of the Year odds
(NFL Defensive Player of the Year odds from our best sports betting sites as of July 18 | 🔥 = best odds | ❄️ = worst odds)
| Player | DraftKings | FanDuel | BetMGM | Caesars | bet365 |
|---|---|---|---|---|---|
| Micah Parsons | +550 | +500 | +650 🔥 | +500 | +500 |
| T.J. Watt | +550 ❄️ | +750 | +750 | +575 | +700 |
| Nick Bosa | +700 | +850🔥 | +800 | +750 | +700 |
| Maxx Crosby | +700 | +1000🔥 | +900 | +650 ❄️ | +700 |
| Myles Garrett | +800 🔥 | +600 | +650 | +600 | +700 |
| Aidan Hutchinson | +1000 | +1600🔥 | +1500 | +1000 | +1400 |
| Will Anderson Jr. | +2000 ❄️ | +3000 | +3000 | +2200 | +3000 |
| Danielle Hunter | +2500 ❄️ | +3200 | +3500 | +3500 | +3300 |
| Josh Hines-Allen | +2500 | +2500 | +2500 | +2500 | +1400 ❄️ |
| Chris Jones | +3000 | +2500 | +2500 | +3000 | +2800 |
Favorites to win NFL Defensive Player of the Year
Micah Parsons (+650)
Parsons enters 2024 as the favorite to win this award over three players who have already done so before. Yet no player feels more deserving of this early front-runner status.
The Cowboys star is the only defender to finish in the top three in DPOY voting each of the last three seasons, which just happened to be the first three years of his career. He finished with at least 13 sacks in all three seasons, and his 33 QB hits last year were the most of his career.
Dallas' defense could take a step back in 2023 after coordinator Dan Quinn's departure, though Parsons could be featured even more under incoming coordinator Mike Zimmer. If he can maintain his production level in a new system, that in itself would be a notch on his belt and a potential factor for voters.
Best odds: +650 via BetMGM | Implied probability: 13.33%
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T.J. Watt (+750)
Watt was the runner-up for this award last year. He missed the Pittsburgh Steelers' wild-card game against the Buffalo Bills in the postseason with an MCL sprain, but he returned for offseason OTAs, and that appears to be a thing of the past.
While tying a career-best in tackles (68) last season, he added four forced fumbles, scored his first career touchdown on a fumble recovery, and snagged one interception. Oh, and he had a league-leading 19 sacks.
Watt has been a first-team All-Pro in four of the last five seasons. Given how his Steelers look (again) this year, he should get plenty of game time to run up some gaudy numbers. He'll be firmly entrenched in thie DPOY conversation for the whole season.
Best odds: +750 via BetMGM | Implied probability: 11.76%
Nick Bosa (+850)
What happened to Bosa in 2023? A year after leading the league with 18.5 sacks en route to DPOY honors, the San Francisco 49ers star fell back down to earth with just 10.5 sacks even with an extra game played.
While it's easy to point to the record-setting contract he signed in September, the answer is a little more complicated. Bosa actually finished with more pressures (95) and a better PFF grade (92.7) than he did in 2022, but the raw sack totals dropped in 2023 under new defensive coordinator Steve Wilks.
Bosa led the NFL in tackles for loss (21) in 2021, so it seems like last year's box-score stats were the outlier and not what we can expect from Bosa in 2024. Keep an eye on these odds; take advantage quickly if they start to dip.
Best odds: +850 via FanDuel | Implied probability: 10.53%
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My NFL Defensive Player of the Year player to watch
Will Anderson Jr. (+3000)
Anderson enters his second season in the NFL with all the hopes and promise of a Defensive Rookie of the Year, and one that has reportedly packed on bulk without losing speed.
Anderson finished with seven sacks and 45 tackles as a rookie, despite missing two games near the end of the season and playing just 22% and 47% of the defensive snaps over the Texans' final two games. Those numbers were a large dip from prior to his injury, where he played no fewer than 60% of the defensive snaps in any one game.
Entering his second year he should take a sizable step forward, playing more snaps and serving as a bigger disruptor with his pass rush.
Best odds: +3000 via bet365 | Implied probability: 3.23%
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Defensive Player of the Year odds over time
(Most recent odds via bet365 on July 18)
| Player | June 10 | July 18 |
|---|---|---|
| Micah Parsons | +500 | +500 |
| T.J. Watt | +700 | +700 |
| Nick Bosa | +700 | +700 |
| Maxx Crosby | +700 | +700 |
| Myles Garrett | +700 | +700 |
| Aidan Hutchinson | +1400 | +1400 |
| Will Anderson Jr. | +3000 | +3000 |
| Danielle Hunter | +4000 | +3300 |
| Josh Allen | +1400 | +1400 |
| Chris Jones | +2800 | +2800 |
Past NFL Defensive Player of the Year winners
| Year | Player | Preseason odds | Team | Position |
|---|---|---|---|---|
| 2023 | Myles Garrett | +600 | Browns | DE |
| 2022 | Nick Bosa | +1400 | 49ers | DE |
| 2021 | T.J. Watt | +800 | Steelers | LB |
| 2020 | Aaron Donald | +600 | Rams | DT |
| 2019 | Stephon Gilmore | +8000 | Patriots | CB |
| 2018 | Aaron Donald | +590 | Rams | DT |
| 2017 | Aaron Donald | +1400 | Rams | DT |
| 2016 | Khalil Mack | +650 | Bears | LB |
| 2015 | J.J. Watt | +150 | Texans | DE |
| 2014 | J.J. Watt | +550 | Texans | DE |
How to bet NFL Defensive Player of the Year futures odds
Betting on the NFL Defensive Player of the Year typically involves wagering on which player will be awarded the league's Defensive Player of the Year title at the end of the regular season. Here are steps to bet on the NFL Defensive Player of the Year:
- Understand the odds: Familiarize yourself with the odds listed by sportsbooks for different players to win the Defensive Player of the Year. The player with the lowest odds is considered the favorite.
- Research player performances: Analyze the performances of various players throughout the season. Factors such as statistics, impact on their team's success, and overall contributions are crucial.
- Monitor odds and player performance: Throughout the season, keep an eye on odds fluctuations and player performances. As the season progresses, odds will change based on players' performances and their impact on games.
- Stay updated: Stay informed about injuries, team performance, and how players are faring.
- Cash-out or hold: Depending on how the season progresses and the player's performance, you can decide to cash out if the odds are in your favor or hold onto your bet until the end of the season to see if your chosen player wins the Offensive Player of the Year.
Remember, betting on the NFL Defensive Player of the Year requires careful consideration of various factors and a good understanding of the game and players' performances throughout the season.
How to read NFL Defensive Player of the Year odds
Reading NFL Defensive Player of the Year odds is straightforward. Odds are usually presented in a format like +500 or -200. Positive odds (e.g., +500) show how much profit you’d make on a $100 bet.
For example, a $100 bet at +500 odds would win you $500, plus your original $100 stake, totaling $600. Negative odds (e.g., -200) indicate how much you need to bet to win $100. So, a $200 bet at -200 odds would win you $100, plus your $200 stake, totaling $300.
These odds also reflect the probability of a player winning the Defensive Player of the Year. Lower odds (e.g., +300) suggest a higher likelihood, while higher odds (e.g., +2000) indicate a lower probability. Sportsbooks adjust these odds based on performance, injuries, and betting patterns.
If Micah Parsons gets +500 odds and T.J. Watt gets +1000, Parsons is considered more likely to win. If you bet $100 on Hill and he wins, you’d get $600 back ($500 profit + $100 stake). Understanding these odds helps you make informed betting decisions and assess potential returns.
NFL Defensive Player of the Year FAQs
Who is the favorite for NFL Defensive Player of the Year?
Dallas Cowboys edge rusher Micah Parsons is the betting favorite to win the 2024 NFL Defensive Player of the Year award, trading as short as +500. Those odds imply a 16.67% win probability.
Who was the NFL Defensive Player of the Year last year?
Cleveland Browns defensive end Myles Garrett was named the NFL Defensive Player of the Year for the 2023-24 season.
Who's won the most Defensive Player of the Year Awards?
Lawrence Taylor, J.J. Watt, and Aaron Donald share the NFL lead with three career DPOY wins. Five players won it twice.
When will the 2024-25 NFL Defensive Player of the Year be announced?
The 2024-25 NFL Defensive Player of the Year will be announced at the NFL Honors show during Super Bowl week in early February 2025.
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