2024-25 NFL MVP Odds: Mahomes is Favorite to Win for 3rd Time
Baltimore Ravens quarterback Lamar Jackson won the MVP award last season, but he's not at the top of the oddsboard in his quest to repeat as we look at the 2024-25 NFL MVP odds across our best NFL betting sites.
There have been some major offseason trades and signings with the 2024 NFL Draft looming, and they've affected not only the Super Bowl odds but the MVP ones, as well.
Kansas City Chiefs quarterback Patrick Mahomes is the betting favorite to win the third NFL MVP of his career, which would move him into a tie for the third-most by any player in league history. Mahomes opened as the favorite and continues to hold that spot.
Following closely behind Mahomes are Buffalo Bills quarterback Josh Allen and Houston Texans signal-caller C.J. Stroud. Interestingly, Allen lost his top receiving target, Stefon Diggs, via a trade to the Texans. Can Stroud do with Diggs what Allen couldn't and win NFL MVP?
Two NFC North QBs round out the top five, with reigning MVP Lamar Jackson sitting as the fifth-biggest favorite, and the Cincinnati Bengals' Joe Burrow just ahead of him.
Here's our look at the odds for the 2024-25 NFL MVP (NFL odds from our best sports betting sites).
Odds to win NFL MVP 2024-25
(NFL MVP odds updated April 11)
| Player | DraftKings | FanDuel | BetMGM | Caesars | bet365 |
|---|---|---|---|---|---|
| Patrick Mahomes | +600 | +650 | +600 | +500 ❄️ | +650 |
| Josh Allen | +800 | +800 | +900 | +1000 🔥 | +700 ❄️ |
| Joe Burrow | +900 | +1000 🔥 | +900 | +900 | +900 |
| C.J. Stroud | +900 ❄️ | +1000 | +1000 | +1000 | +1000 |
| Lamar Jackson | +1000 | +1100 | +1200 🔥 | +1000 | +1000 |
| Jordan Love | +1200 | +1400 | +1600 🔥 | +1100 ❄️ | +1400 |
| Brock Purdy | +1200 ❄️ | +1800 🔥 | +1600 | +1600 | +1400 |
| Justin Herbert | +1400 | +1400 | +1400 | +1300 | +1200 ❄️ |
| Jalen Hurts | +1500 ❄️ | +1800 | +1600 | +1800 | +1600 |
| Dak Prescott | +1500 | +1600 | +1400 ❄️ | +1500 | +1600 |
Favorites to win NFL MVP
Patrick Mahomes (+650 via FanDuel)
It shouldn't surprise anyone to see Mahomes headlining this market, even after a relatively down season in 2023.
The two-time MVP still ranked sixth in passing yards (4,183) and eighth in touchdown passes (27) with the worst receiving corps he's ever had, and he responded with a superhuman effort to lead his team to the 2024 Super Bowl.
The postseason technically doesn't matter in this market, nor do any of the results from 2023. Yet we do think his playoff run will stick in the minds of NFL fans and voters heading into next season. If Mahomes returns to his usual statistical form, he should be in line to win this award.
Josh Allen (+1000 via Caesars)
Allen's price lengthened following the Diggs trade, and he's as long as +1000 via Caesars. However, most assume the Bills will fill that gap at receiver during the draft.
Allen was the only player besides Jackson to earn a first-place vote in 2023 when he helped rally the Bills to a five-game win streak to steal the AFC East crown. He also finished third in QBR (69.6) and had the second-highest completion rate over expected (5%) and third-best EPA per dropback (0.18) of any full-time starter.
If Allen can carry this team to another division title, that could work in his favor to win his first MVP award.
How to bet futures odds
Betting on the NFL MVP typically involves wagering on which player will be awarded the league's MVP title at the end of the regular season. Here are steps to bet on the NFL MVP:
- Understand the odds: Familiarize yourself with the odds listed by sportsbooks for different players to win the MVP. 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. Consider quarterbacks, running backs, wide receivers, or even defensive players who might be having outstanding seasons.
- 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 in their respective positions. These factors can significantly impact a player's chances of winning the MVP.
- 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 MVP.
Remember, betting on the NFL MVP requires careful consideration of various factors and a good understanding of the game and players' performances throughout the season.
2024-25 NFL MVP opening odds
| Player | Odds |
|---|---|
| Patrick Mahomes | +600 |
| Josh Allen | +800 |
| Joe Burrow | +900 |
| C.J. Stroud | +1100 |
| Lamar Jackson | +1200 |
| Dak Prescott | +1400 |
| Justin Herbert | +1400 |
| Brock Purdy | +1600 |
| Jalen Hurts | +1600 |
| Jordan Love | +1600 |
Previous NFL MVP winners
| Year | Player | Team | Position |
|---|---|---|---|
| 2023 | Lamar Jackson | Ravens | QB |
| 2022 | Patrick Mahomes | Chiefs | QB |
| 2021 | Aaron Rodgers | Packers | QB |
| 2020 | Aaron Rodgers | Packers | QB |
| 2019 | Lamar Jackson | Ravens | QB |
| 2018 | Patrick Mahomes | Chiefs | QB |
| 2017 | Tom Brady | Patriots | QB |
| 2016 | Matt Ryan | Falcons | QB |
| 2015 | Cam Newton | Panthers | QB |
| 2014 | Aaron Rodgers | Packers | QB |
| 2013 | Peyton Manning | Broncos | QB |
| 2012 | Adrian Peterson | Vikings | RB |
| 2011 | Aaron Rodgers | Packers | QB |
| 2010 | Tom Brady | Patriots | QB |
NFL MVP winners by position
| Position | NFL MVP awards |
|---|---|
| Quarterback | 47 |
| Running back | 13 |
| Fullback | 4 |
| Halfback | 1 |
| Kicker | 1 |
| Defensive tackle | 1 |
| Linebacker | 1 |
NFL MVP winners by team
| Team | NFL MVP awards |
|---|---|
| Packers | 10 |
| Colts | 9 |
| 49ers | 5 |
| Browns | 4 |
| Rams | 4 |
| Raiders | 3 |
| Patriots | 3 |
| Commanders | 3 |
| Broncos | 3 |
| Vikings | 3 |
NFL MVP FAQs
Who is the favorite for NFL MVP?
Kansas City Chiefs QB Patrick Mahomes (+650) is the early betting favorite to win the 2024-25 NFL MVP, while Buffalo Bills QB Josh Allen (+1000) is hot on his heels.
When will the 2024-25 NFL MVP be announced?
The 2024-25 NFL MVP will be announced at the NFL Honors show in the days ahead of the 2025 Super Bowl.
Who was the NFL MVP last year?
Baltimore Ravens QB Lamar Jackson won the 2023-24 NFL MVP award, claiming the award for the second time in his career.
NFL betting odds pages
Here are our best NFL betting sites:
- Caesars Promo Code: SBRBONUS1000 | Read our Caesars Review
- BetMGM Bonus Code: SBRBONUS | Read our BetMGM Review
- bet365 Bonus Code: SBRBONUS | Read our bet365 Review
- BetRivers Promo Code: SBRBONUS | Read our BetRivers Review
- FanDuel Promo Code | Read our FanDuel Review
- DraftKings Promo Code | Read our DraftKings Review
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* Bonuses not applicable in Ontario.
Related pages
- Best Sports Betting Sites | Best Sportsbook Promos (U.S. only)
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