NFL MVP Odds: Josh Allen Leads The Way, But A Few Contenders Are On The Rise

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NFL MVP odds are bound to shift in the early weeks of the season as players work to find a rhythm with their teams and win games. Several players appear to be in midseason form two weeks in, while others have a lot of work to do. But the season is young—no one is out of the race yet!

Several players had notable games that resulted in their odds of winning NFL MVP getting shorter. We are only two weeks into the season, though. So, while there are some apparent frontrunners, there is plenty of time for a new contender to emerge.

Latest NFL MVP Odds: QBs Still Dominate The Top Of Oddsboards

Since technically anyone can win MVP, sportsbooks will post NFL MVP odds for wide receivers, running backs, the occasional defensive player, a handful of tight ends, and, of course, quarterbacks. What players are listed will vary from one sportsbook to another, but there is one thing that will be the same at most (if not all) sportsbooks.

Quarterbacks will populate the top of betting boards.

That’s not hard to understand, considering QBs are on a nine-year NFL MVP winning streak. But some sportsbooks have half of the league’s starting quarterbacks listed before their first non-QB.

The following table contains a list of the 15 players with the best odds of winning NFL MVP at DraftKings with their corresponding odds at Caesars, BetMGM, and FanDuel:

NFL MVP-- 2022/23 SeasonDraftKingsCaesarsBetMGM: Promo Code TODAYFanDuel
Josh Allen+350+300+300+340
Patrick Mahomes+500+4500+450+460
Jalen Hurts+800+800+1000+1000
Justin Herbert+1000+1000+1000+1100
Lamar Jackson+1200+1200+1100+1200
Joe Burrow+2000+2500+2200+2000
Tua Tagovailoa+2000+1800+1600+1800
Russell Wilson+2000+6000+2500+2600
Aaron Rodgers+2500+1800+2000+1700
Tom Brady+2500+2200+1800+1700
Kyler Murray+3000+3000+2500+2600
Derek Carr+3000+4000+4000+3300
Trevor Lawrence+4000+10000+6600+5000
Matthew Stafford+5000+3500+3000+2600
Kirk Cousins+5000+5000+4000+4000

Josh Allen Earns His Spot At Top Of NFL MVP Betting Boards With Another Dominant Performance

Josh Allen showed us he was already in MVP form with how he played against the Rams in Week 1. But no one wins MVP after one game, no matter how well they play. However, with how he played against the Tennessee Titans on Monday Night Football in Week 2 (26-38 for 317 yards, 4 TDs), he solidified his position as the NFL MVP betting favorite.

With the weapons at his disposal, Allen has a leg up on much of the competition for NFL MVP. Buffalo’s wide receiver room, led by Stefon Diggs, is among the more talented in the NFL. Gabe Davis is an up-and-coming talent, and rookie Khalil Shakir was a preseason standout. Jamison Crowder is a solid veteran player, and Isaiah McKenzie is not bad, either.

Dawson Knox is one of the better tight ends in the game, and Allen has a talented group of running backs, too (Devin Singletary, Zack Moss, and rookie James Cook).

The one downside, however, is his offensive line. It started the season as the No. 20 unit in the NFL (according to PFF.com). After Week 1, it dropped three spots to No. 23. Buffalo’s game plan helped minimize the LA pass rush in Week 1; Tennessee recorded just one sack and three QB hits.

Young Talent On The Rise

NFL MVP candidates don’t necessarily need a good back story like Comeback Player of the Year candidates, but voters do like to give credit where it is due to the young guys. That is why Justin Herbert has been in the mix since his rookie season. While he couldn’t pull out the win against Kansas City in Week 2, he remains a player to watch.

But this week, several young quarterbacks had standout performances that led to their odds getting shorter:

  • Trevor Lawrence made the most of playing a struggling Colts team by going 25-30 for 235 yards and two touchdowns and led the team to a 24-0 win.
  • Tua Tagovailoa had an MVP moment when he led the Dolphins on a 28-point fourth-quarter to beat the Ravens (his stats—36-50 for 469 yards, 6 TDs, 2 INTs).
  • On the other side of the field, Lamar Jackson had an impressive day going 21-29 for 318 yards and 3 TDs, along with 119 yards and a touchdown on the ground.
  • Jalen Hurts followed up a solid performance in Week 1 by going 26-31 for 333 yards, 1 TD, and 1 INT, with 57 yards and 2 TDs on the ground.

Top Running Back, Wide Receivers, and Tight Ends

Adrian Peterson was the last non-quarterback to win NFL MVP when he won it in 2013. A wide receiver has never won, nor has a tight end. Running backs have won it 18 times, including the first two awards in 1957 and ’58 (Jim Brown).

With the current state of the NFL game, it will take an incredible season for a running back, wide receiver, or tight end to win NFL MVP honors. The rules favor the offense and protect quarterbacks, making it easier for them to generate the kind of odds that garner MVP attention.

But there are some extraordinary talents at running back, wide receiver, and tight end in the NFL (additional players listed at most sportsbooks):

NFL MVP-- 2022/23 SeasonDraftKingsCaesarsBetMGM: Promo Code TODAYFanDuel
Cooper Kupp+6500+8000+8000+7500
Stefon Diggs+7500+10000+20000+30000
Nick Chubb+8000+25000+30000+20000
Jonathan Taylor+10000+6000+10000+9000
Derrick Henry+10000+8000+8000+10000
Deebo Samuel+10000+15000+20000+15000
Dalvin Cook+10000+25000+30000+20000
Davante Adams+10000+15000+20000+20000
Justin Jefferson+10000+6000+6600+7500
Alvin Kamara+10000+30000+30000+30000

 Will A Defensive Player Ever Win Again?

It is not unusual for a defensive player to be in NFL MVP conversations, but they rarely (if ever) become a serious part of it. There have been two NFL MVPs from the defensive side of the ball, Vikings tackle Alan Page in ’71 and Giants linebacker Lawrence Taylor in ’86.

With the focus the NFL has placed on scoring and offensive play, it will take a fantastic season for a defender to win. But if one is going to have such a season, it will probably be one of these guys (additional defensive players listed at some sportsbooks):

NFL MVP-- 2022/23 SeasonDraftKingsCaesarsBetMGM: Promo Code TODAYFanDuel
Micah Parsons+13000+30000+30000+20000
Aaron Donald+15000+15000+30000+30000
Myles Garrett+15000+25000+25000+20000
TJ Watt+15000+50000
Chase Young+20000+25000+50000

NFL MVP Odds: Early Movers and Shakers

Several players saw their odds shift in the wake of their Week 1 performance; some got shorter while others got longer. The following are some of the more notable players whose odds moved one way or the other (odds via BetMGM):

Jalen Hurts +1600 to +800

Eagles were encouraged after the way Jalen Hurts played in Week 1; he looked like a potential franchise quarterback. But was his performance an isolated incident, or was it what fans could expect from one week to the next? If Week 2 is any indication, it’s the latter.

Tua Tagovailoa +4000 to +1800

Confidence has been shaky in Tua, but after blowing up in Week 2 for 469 yards and six touchdowns, fans may be more inclined to give him the benefit of the doubt moving forward. But he’ll need more than two strong games to solidify his position with the team and win MVP.

Kirk Cousins +2200 to +4000

While he looked like a potential MVP against the Packers in Week 1, Cousins looked more like a guy that should lose his job in Week 2. Minnesota may want to lobby the NFL not to schedule them for MNF games since Cousins seems to play his worse in primetime.

Aaron Rodgers +1400 to +2000

Rodgers has not looked anything like what you would think a two-time defending MVP would look. Week 2 was better than Week 1, but Rodgers and the Packers have a lot of work to do to win games.

NFL MVP Odds: Sleeper Picks

Since 2009 only three preseason favorites have gone on to win. Seven winners since ’09 had preseason odds of +3000 or higher; Matt Ryan had the highest at +7500 in 2016. So, it is worth looking at guys a little further down oddsboards.

A few things will have to work out in their favor for these guys to have a shot. They are worth taking a look at before you bet:

Tua Tagovailoa +2000 (DraftKings)

After Week 2, Tua isn’t exactly a sleeper, but it will only take one lackluster game for fans to start calling for his head again (and for his odds to get longer). He will need to maintain his level of play to be considered a legit contender for MVP honors.

Dak Prescott +8000 (DraftKings)

It may seem strange to include a guy that played terribly in Week 1 and will be out for a few more weeks (at least). But if he comes back and plays as well as he did in his rookie year, he could become a contender. It’s unlikely, but it’s not impossible.

Matthew Stafford +5000, Aaron Rodgers +2500, Tom Brady +2500 (odds via DraftKings)

All three are better than they have played so far this season. Maybe their talent is finally starting to decline, or perhaps they are setting us up for the kind of turnaround that will force voters to name one of them MVP. If they start playing better in Week 3, their odds will get shorter.

NFL MVP History

Quarterbacks are on a nine-year winning streak but have dominated the award since its inception in 1957. Since then, quarterbacks have won 45 MVPs and 18 running backs (including halfbacks and fullbacks). One kicker has won (Mark Mosely, 1982), and two defenders have.

There was no consensus winner on two occasions, so the AP awarded NFL MVP honors to two players, Brett Favre and Barry Sanders in 1997 and Peyton Manning and Steve McNair in 2003.

In the last 25 seasons, one MVP came from a team with fewer than ten wins; Barry Sanders tied with Brett Favre for NFL MVP in 1997. While Favre’s Packers won 13 games and were the No. 2 seed in the NFC, Sanders’ Lions were 9-7 and a wildcard team (No. 5 seed).

The winner came from a No. 1 playoff seed for the last five seasons. But in the previous 25 years, 15 came from No. 1 seeds. Four came from wild card teams. Only the Lions in ’97 had fewer than ten wins; the average number of wins for the team of the winner for the last 25 seasons is 13.

The table is a list of winners with their preseason betting odds (via SportsOddsHistory.com if available) for the last 25 seasons:

YearPlayerPositionTeamBetting Odds (Prior To Start Of Season)
2021Aaron RodgersQBGreen Bay Packers+1100
2020Aaron RodgersQBGreen Bay Packers+3000
2019Lamar JacksonQBBaltimore Ravens+4000
2018Patrick MahomesQBKansas City Chiefs+3525
2017Tom BradyQBNew England Patriots+385
2016Matt RyanQBAtlanta Falcons+7500
2015Cam NewtonQBCarolina Panthers+5200
2014Aaron RodgersQBGreen Bay Packers+600
2013Peyton ManningQBDenver Broncos+600
2012Adrian PetersonRBMinnesota Vikings+4000
2011Aaron RodgersQBGreen Bay Packers+400
2010Tom BradyQBNew England Patriots+800
2009Peyton ManningQBIndianapolis Colts+500
2008Peyton ManningQBIndianapolis Colts
2007Tom BradyQBNew England Patriots
2006LaDainian TomlinsonRBSan Diego Chargers
2005Shaun AlexanderRBSeattle Seahawks
2004Peyton ManningQBIndianapolis Colts+600
2003Steve McNairQBTennessee Titans
2003Peyton ManningQBIndianapolis Colts
2002Rich GannonQBOakland Raiders
2001Kurt WarnerQBSt. Louis Rams
2000Marshall FaulkRBSt. Louis Rams
1999Kurt WarnerQBSt. Louis Rams
1998Terrell DavisRBDenver Broncos
1997Barry SandersRBDetroit Lions

Best Sportsbooks For NFL MVP Odds

Any sportsbooks looking to stay in business are going to have odds posted for the NFL MVP. Some will, of course, be better than others. The following are the current NFL MVP betting odds (as of June 3) for a few of the more highly-regarded online sportsbooks:

 BetRiversDraftKingsCaesarsFanDuelBetMGM: Promo Code TODAY
Josh Allen+700+700+700+700+700
Patrick Mahomes+900+900+800+800+800
Tom Brady+900+800+800+800+800
Aaron Rodgers+1000+1000+900+1000+900
Justin Herbert+900+1000+1000+900+900

Since the odds for NFL MVP are competitive, bettors may want to consider which welcome bonus they want to take advantage of when deciding which book to bet with. Deposit bonuses are good for high-rollers who can leverage the playthrough requirements. Risk-free bets are good for bettors who can afford a big wager upfront but don’t want to commit to large ongoing wagers.

On this shortlist, there’s something for everyone. The following are what the sportsbooks listed in the above table are offering:

SportsbookBonusClaim Bonus Here
DraftKings$50 free bet with $5 deposit + 20% deposit match up to $1,000 Click to Claim
BetMGMUp to a $1,000 risk-free bet (not available in NY)Claim with code TODAY
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BetRivers2nd Chance Free Bet Up to $500Claim with code SHARPRIV
FanDuel$1000 no sweat, first betClick To Claim
PointsBetGet $2,000 Risk-Free At PointsBetClaim with code BONUSDAY

Where To Find NFL MVP Odds

If the sportsbook you are on does not have NFL MVP odds posted, you may want to reconsider betting with them. The NFL is the biggest game in town and the regular season MVP is its biggest reward. But you can only bet if you are physically located in a state that has legalized and launched sports betting:

NFL MVP Odds – The Favorites

When the opening odds for the NFL MVP are posted, they often reflect how the previous MVP race played out. The latest winner will often have the best odds or his odds will be among the best. Following him will be the usual contenders and then those who could win but are somewhat of a longshot.

Once the season gets underway, the odds will often reflect how people are playing. It may take some time for someone to rise or fall. But the odds will reflect who the best and most valuable players in the NFL are.

Odds will vary from one sportsbook to the next. The current top five contenders are as follows:

  •  Patrick Mahomes: He is still the quarterback of the most explosive offense in football. While he no longer has Tyreek Hill at his disposal, JuJu Smith-Schuster should fit right in and the Chiefs drafted a promising rookie in Skyy Moore.
  • Josh Allen: His 2020 season was not a fluke, but the Bills need to develop a running game that does not count so much on him. While his running makes him a better MVP candidate, it could also be how he gets hurt.
  • Aaron Rodgers: the reigning MVP will be in the conversation once again, but whether he wins it again could depend on how quickly the wide receivers the Packers drafted assimilate to the NFL game.
  • Tom Brady: Brady put up MVP-type numbers last season with the Buccaneers and there is no reason to think he can’t do the same again this year– especially if the Buccaneers can keep Chris Godwin and find a solid replacement for Ali Marpet.
  • Justin Herbert: Year 3 is often when many young players tend to explode and Herbert is going into his third season in the NFL. He has all the pieces he needs to have an MVP-caliber season; he just has to put it all together.

NFL MVP Futures Betting 

Futures lines of all types are set months in advance. Before the season starts, sportsbooks need to have the end-of-season wagers ready to go. Some want to guess how their seasons will end. Sportsbooks have to be prepared for those bettors since those bettors are often high-rollers and professional bettors. (There are many amateurs too, but they’re wrong often enough that their wagers are free money.)

The odds change throughout the season as sportsbooks see how players perform. Sportsbooks can also change odds in response to how much money is going toward each player. 

Bettors can wager on who will win the MVP award at the end of the season. But bettors will eventually notice player props, too. Bettors will also find team futures, including who will win the Super Bowl. By the time the NFL season begins, there will be many types of futures to bet on. 

Super Bowl Odds For MVP 2023

Super Bowl MVP odds are a little different from regular-season MVP odds. Super Bowl MVP predictions factor the teams that will make it to the Super Bowl in. The Super Bowl MVP award almost always comes from the winning team, so bettors can see these odds go negative depending on the favorite team.

When the playoffs got underway last season, Cooper Kupp had +2200 odds to win Super Bowl 56 MVP honors while Aaron Rodgers opened as the favorite at +475.

How To Bet On The NFL MVP 

To some extent, betting on the NFL MVP can be easy.  If in-season, the NFL is usually featured prominently. However, out of season, how to bet on the NFL is not always as clear. All sportsbooks have NFL MVP lines at all times, but they can be tedious to find in the months before the NFL season.

Bettors can go to the football section and select the player futures lines. The player futures include MVP awards and other performance-based wagers. If the sportsbook has a bettor’s desired lines, then bettors can register with that sportsbook. Bettors just have to click the signup option, enter their personal details, and make their first deposits. 

However, bettors shouldn’t miss the section to enter their promo codes when they’re signing up. It’s usually a text box in registration in the first or last signup step. 

Once bettors register their accounts and deposit funds, they can begin betting. Bettors just have to select the odds they want to wager on, then enter the amount of money they want to wager. After that, bettors’ teams have to come through for them. 

Additional NFL Betting Markets

You can see the latest Super Bowl odds for all 32 teams on our Super Bowl 57 odds page. If you are interested in award winners or player prop markets, the following pages may interest you:

You can find odds for the week’s games during the season on our NFL odds page.

NFL MVP Betting Odds FAQs

Who Is Responsible For NFL MVP Voting? 

50 sports journalists and broadcasters. These are some of the best people to vote for two reasons. They’re not associated with the NFL, so they have some independence. Second, they’re subject matter experts since they cover the NFL throughout the season.

When Is The MVP Announced For The NFL?

The NFL MVP is announced during the NFL Honors, an awards show held the night before the Super Bowl in the host city. Super Bowl 57 is scheduled for February 12, 2023, at State Farm Stadium in Glendale, Arizona. 

Where Can I Find Vegas NFL MVP Odds? 

There are a few places to get Vegas odds. Several Vegas casinos have sportsbook apps out now. So, bettors can download several Vegas casinos’ sportsbook apps from the app store or from the sportsbook’s website. Googling them is a good last resort, too.  

Is Betting On The NFL MVP Legal Online? 

Yes. It’s an authorized bet type in every state that has legalized sports betting. The rules are clear, so states are comfortable allowing sports betting. But sportsbooks know how to set odds on clear events like NFL awards. Those two factors together make NFL MVP legal and expected. 

Who Sets The Odds On The NFL MVP Contest? 

Sportsbooks set their own odds. Odds makers are experienced with the sports they set odds on. So, the NFL odds makers know how to set odds on awards. Odds are also influenced by journalists’ speculation and bettors’ money. Odds makers adjust to these forces to set the odds on NFL MVP contests. 

How Far In Advance Can I Place A NFL MVP Futures Bet? 

Several months in advance. Once NFL MVP futures odds are set, bettors can get those bets in. Regular season MVP odds are available five to six months out. At the sportsbooks we listed above, they’ve been available since March. But Super Bowl MVP odds come later as the Super Bowl teams narrow down.

Has a special teams player ever won MVP?

Washington placekicker Mark Moseley won NFL MVP for the 1982 season. No sportsbook has listed a punter or placekicker on their NFL MVP oddsboard.

About the Author
Travis Pulver

Travis Pulver

Writer and Contributor
Travis Pulver is a Senior Writer for Gaming Today and a lifelong football fan, something he says comes naturally having been born in the football-crazy state of Texas. Through the years, his love of sports has extended into baseball, basketball, golf, and rugby. Life currently finds him in Indiana with his wife and two kids.

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