NFL MVP Odds 2025: Patrick Mahomes Opens as the Favorite

With the busiest period of free agency in the books and the NFL Draft looming on April 25, it’s time to look ahead to who will be named the 2025 NFL MVP. It should come as no surprise that the favorite is 28-year-old Kansas City Chiefs QB Patrick Mahomes, the two-time league MVP who also has already won Super Bowl MVP three times.

Since 2018, Mahomes has taken home the award twice (in ’18 and ’22). 2023 MVP Lamar Jackson also won it in ’19, and Aaron Rodgers took home the award in ’20 and ’21. Mahomes and Jackson are among the favorites to win the award again next year, as you can see below in the current odds for the 2025 NFL MVP.

Here are the 2024-25 NFL MVP betting odds at the best NFL betting sites in the country:

 

After Mahomes, the other top preseason 2025 MVP candidates include Buffalo Bills QB Josh Allen, Cincinnati Bengals QB Joe Burrow, Houston Texans QB CJ Stroud, Jackson, Green Bay Packers QB Jordan Love, and LA Chargers QB Justin Herbert.

As of Thursday, April 11, below are the top seven favorites and their current odds:

  • Patrick Mahomes
  • Josh Allen
  • Joe Burrow
  • CJ Stroud
  • Lamar Jackson
  • Jordan Love
  • Justin Herbert

Return to this page often to stay updated on the latest NFL MVP odds.

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NFL MVP Odds 2025: Wide Open Race as Offseason Kicks Off

As seen above, there’s no frontrunner for next year. From Mahomes to Aaron Rodgers, more than 10 QBs are 25-to-1 or shorter.

The early flurry of big moves in free agency did little to impact the MVP odds, with one exception: the Houston Texans’ trade for WR Stefon Diggs.

Free Agency Makes Slight Impact on 2025 MVP Odds

Stroud already had massive expectations for his second season before Houston’s trade for Diggs. Now, with Diggs, Tank Dell, and Nico Collins as his top targets, Stroud has the talent at wide receiver (and at running back following the acquisition of Joe Mixon) to build on a historic rookie season.

It’s worth noting that Josh Allen’s odds did not change despite the loss of one of his top targets over the past few years. Buffalo has dealt away a quality player in Diggs, while the Bills third-most targeted receiver in 2023, Gabriel Davis, also left the team this offseason. The Bills did sign WR Curtis Samuel, though, and talented young tight end Dalton Kincaid will be counted on for a big year after a strong finish to his rookie season. Expect Buffalo to add another receiver via another trade, the draft, or both.

As for Mahomes, the Chiefs made an intriguing move by signing former speedy WR Marquise Brown to a one-year deal. But with Rashee Rice’s future uncertain — he faces eight charges following a high-speed car wreck in Dallas on March 31 — Kansas City still has a lot of question marks around its pass catchers (outside of Travis Kelce, of course).

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NFL MVP Odds: History

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)
2023Lamar JacksonQBBaltimore Ravens+1400
2022Patrick MahomesQBKansas City Chiefs+800
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

NFL MVP Odds: Betting Trends

  • Quarterbacks are on an 11-year winning streak.
  • 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 10 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 Wild Card team (No. 5 seed).
  • The winner came from a No. 1 seed in the playoffs each of the last six seasons.
  • In the 25 years before that (1993-2017), only 15 came from No. 1 seeds; four came from Wild Card teams.
  • Barry Sanders (’97 winner) was on a team with fewer than 10 wins; the average number of wins for the team of the winner for the last 25 seasons is 13.
  • Since 2001, a non-quarterback has won the award three times. All three non-QB winners were running backs.
  • Since 2010, 11 of the 13 MVPs (Peterson being the outlier in 2012) finished inside the top four in passing touchdowns. In that period, the MVP finished first in this statistic five times, second three times, third twice, and fourth once. 2023 MVP Lamar Jackson threw just 24 TDs (tied for 11th-most in the league) and had five rushing TDs.

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NFL MVP Odds FAQ

Who is responsible for NFL MVP voting?

A group of 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. 

Where can I find Vegas NFL MVP odds?

There are a few places to get Vegas odds to win NFL MVP. You can start by checking out the best NFL betting sites. Several Vegas casinos have sportsbook apps out now. So, bettors can download the apps and claim the top NFL betting promos. You can also visit retail sportsbooks to get the latest odds for most NFL betting markets.

Is betting on the NFL MVP legal online?

Yes, betting on NFL MVP odds is authorized in states with legal sports betting. You can place bets when you’re physically located within state boundaries.

Who sets the odds on the NFL MVP contest?

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

How far in advance can I place an NFL MVP futures bet?

You can bet on NFL MVP odds several months before the season even begins. Once NFL MVP futures are set, bettors can get those wagers in. MVP odds for the following season usually become available at NFL betting apps in the hours and days following the Super Bowl. 

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
Tyler Everett

Tyler Everett

Writer
Tyler Everett has been a sports writer since joining the student newspaper at his alma mater, NC State, back in 2008. He's covered sports and sports business for a number of newspapers and websites, including the Denver Broncos, Charlotte Observer, High Press Soccer, and Sports Business Journal, where he currently works full-time.

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