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  • NFL MVP odds for the 2024-25 NFL season are available at all major sports betting apps
  • Patrick Mahomes is the favorite to win the NFL MVP
  • Track the NFL MVP odds movement over the course of the season for all contenders

Since 1957, the Associated Press has been presenting a Most Valuable Player award to the NFL’s most deserving candidate – also read as the best quarterback in the league. The odds to win the 2024-25 NFL MVP have now opened as we head into the 2024-25 NFL season.

Check out the NFL MVP odds available at our most trusted sportsbooks below; the graphs show each player’s average odds to win NFL MVP.

NFL MVP Odds

Patrick Mahomes, a two-time NFL MVP, is the favorite to win the 2024-25 NFL MVP. The Chiefs QB had his worst season statistically last year, but a big part of that was a young and inexperienced group of wide receivers who dropped a lot of balls, some of which ended up in the hands of defenders after going through their hands. Yet, the group came together as the season went on and he led his team to another Super Bowl. It should be no surprise he has opened as the favorite to win the NFL MVP this year.

It also shouldn’t be surprising to see a lengthy list of quarterbacks, specifically young ones, behind Mahomes in the NFL MVP odds.

Odds to Win 2024-25 NFL MVP

Player
Best Odds
DraftKings
FanDuel
BetMGM
Bet365
Mahomes, Patrick
Allen, Josh (1996)
Burrow, Joe
FanDuel
+1000
+1000
Stroud, Cj
FanDuel
+1000
+1000
+1000
+1000
Jackson, Lamar
FanDuel
+1400
+1000
+1400
+1200
+1000
Love, Jordan
FanDuel
+1400
+1200
+1400
+1400
+1400
Herbert, Justin
FanDuel
+1600
+1500
+1600
+1400
+1200
Prescott, Dak
FanDuel
+1600
+1500
+1600
+1600
+1600
Hurts, Jalen
Bet365
+1800
+1500
+1400
+1600
+1800
Purdy, Brock
FanDuel
+2000
+1200
+2000
+1600
+1400
Rodgers, Aaron
FanDuel
+2500
+1600
+2500
+2000
+2000
Tagovailoa, Tua
FanDuel
+2500
+2200
+2500
+2500
+2000
Lawrence, Trevor
Bet365
+2800
+2500
+2500
+2500
+2800
Stafford, Matthew
DraftKings
+3000
+3000
+2500
+2000
+2500
Richardson, Anthony
BetMGM
+3500
+3000
+3000
+3500
+2800
Cousins, Kirk
FanDuel
+4000
+3500
+4000
+3500
+2500
Goff, Jared
DraftKings
+4000
+4000
+3500
+4000
+3000
McCaffrey, Christian
FanDuel
+5000
+4000
+5000
+5000
+5000
Murray, Kyler
DraftKings
+5000
+5000
+5000
+5000
+4000
Watson, Deshaun
FanDuel
+7500
+6000
+7500
+6600
+6500

Patrick Mahomes is the NFL MVP favorite with +650 odds. A $20 bet on the Chiefs QB would stand to win $130 and return $150. Mahomes’ probability to win the MVP, based on those odds, is 13.3%.

After Mahomes in the NFL MVP odds is Josh Allen (+800), Joe Burrow (+1000), CJ Stroud (+1100), Lamar Jackson (+1200), Justin Herbert (+1300), Jordan Love (+1400), Dak Prescott (+1600), Jalen Hurts (+1600), and Brock Purdy (+1800).

*NFL MVP odds above are updated every 1-2 hours from the top sportsbooks, including but not limited to DraftKings, FanDuel, and BetMGM; if you’re not already registered with DraftKings, get the best DraftKings Sportsbook promo available when signing up.

There are many great sportsbooks out there with huge promos if you’re looking to bet on NFL futures. One of the best sign-up offers comes from claiming the Bet365 bonus code, which unlocks an enticing Bet $5, Get $150 in Bonus Bets offer. If you’re looking for powerful odds boosts to pump your winnings on NFL MVP futures, then we recommend going with a FanDuel promo code. And if you’re on the hunt for frequent bonus bets, then keep an eye out for a BetMGM promo code, as they might have just what you’re looking for.

Looking for the latest NFL odds? – Get current spreads, totals, and moneyline odds for all upcoming games this week here.

Here are some notes on the NFL MVP odds movement:

  • [March 11] In spite of the new home with some quality weapons around him, Kirk Cousins’ NFL MVP odds didn’t really move after signing with Atlanta today. He remains between +3500 and +4000 to win the award. The same goes for Russell Wilson after signing with the Steelers. He is a longshot between 100-1 and 150-1.
  • [February 9] NFL MVP odds for the 2024-25 season opened before the previous season finished, and Patrick Mahomes has began the season as the MVP favorite. He just edged out Josh Allen, Joe Burrow, and Lamar Jackson. Some quarterbacks have opened with vastly different odds this season than they did last year. Here are a few examples: CJ Stroud at +1400 thsi year versus +15000 last year (understandable with him being a rookie, though), Deshaun Watson at +4500 versus +2650, Jared Goff at +2000 versus +4250, Jordan Love at +1200 versus +4000, and Russell Wilson at +10000 versus +4250.

NFL MVP Betting Trends

  • A quarterback has won each of the last 11 NFL MVP awards
  • Since 2001, only three non-QBs have won the award – all were running backs
  • Since 2001, only one player has won NFL MVP without their respective team winning at least 11 games – Adrian Peterson’s Vikings won 10 games in 2012

Top Contenders by Position

Of the 67 NFL MVP awards handed out, 46.5 have gone to quarterbacks – Brett Favre and Barry Sanders shared the honors in 1997. Looking to the remaining 20.5, 17.5 of them were running backs, two were defensive players, and one was a placekicker.

  • Alan Page (1971) and Lawrence Taylor (1986) were the two defensive players to win the award
  • Mark Moseley (1982) was the lone kicker to win an MVP, after he nailed an NFL-high 20 field goal attempts – he attempted 21 – for Washington
  • Jim Brown won the first two MVP awards in 1957 and 1958
  • The most recent RB to be named MVP was Adrian Peterson in 2012

Odds For Previous NFL MVP Winners

Aaron Rodgers leads all active players with four NFL MVPs. Rodgers still trails Peyton Manning, who holds the all-time record with five.

Last 10 NFL MVP Winners

Year NFL MVP Pos Team Record
2023 Lamar Jackson (2) QB Ravens 13-4
2022 Patrick Mahomes (2) QB Chiefs 14-3
2021 Aaron Rodgers (4) QB Packers 13-4
2020 Aaron Rodgers (3) QB Packers 13-3
2019 Lamar Jackson QB Ravens 14-2
2018 Patrick Mahomes QB Chiefs 12-4
2017 Tom Brady (3) QB Patriots 13-3
2016 Matt Ryan QB Falcons 11-5
2015 Cam Newton QB Panthers 15-1
2014 Aaron Rodgers (2) QB Packers 12-4

Lamar Jackson won the 2023-24 NFL MVP after an incredible season where his Ravens entered the playoffs as the AFC’s #1 seed. Each of the last 11 NFL MVP awards have now gone to a quarterback. Adrian Peterson was the last non-QB to win the award, when he took home the honor in 2012.

Teams with Most NFL MVP Winners

NFL Team Number of MVP Winners Most Recent MVP Winner
Green Bay Packers 9.5 Aaron Rodgers (2021)
Indianapolis Colts 8.5 Peyton Manning (2009)
San Francisco 49ers 5 Steve Young (1994)
Cleveland Browns 4 Brian Sipe (1980)
Los Angeles Rams 4 Kurt Warner (2001)

Thanks to Aaron Rodgers’ most recent NFL MVP award, the Packers have taken over as the team with the most NFL MVPs. The Colts had five MVP winners during their time in Baltimore – Johnny Unitas accounted for three – but Peyton Manning provided four more when they moved to Indianapolis.

You may be a little surprised to see Cleveland on here, but keep in mind the NFL MVP has been awarded since 1957. Jim Brown won the first two and added a third in 1965.

Thanks to the Greatest Show on Turf, the Rams are the only team to win the award in three consecutive seasons – Brett Favre won it for the Packers in three straight, but he shared the award in 1997 with Barry Sanders.

Teams with No NFL MVP Winners

Teams with no MVP Winners Notable Players with “MVP-Type” Seasons
Arizona Cardinals Larry Fitzgerald/Carson Palmer/Kurt Warner/Jake Plummer
Houston Texans Arian Foster/Andre Johnson/JJ Watt
Jacksonville Jaguars Mark Brunell/Fred Taylor/Maurice Jones-Drew
New Orleans Saints Drew Brees/Alvin Kamara
New York Jets Curtis Martin/Joe Namath
Tampa Bay Buccaneers Brad Johnson(?)/Tom Brady

Patrick Mahomes was the first Kansas City Chief to ever win the NFL MVP award in 2018, and Lamar Jackson became the first ever Raven to win it in 2019.

The city of Baltimore did get to see five MVPs when they had the Colts, though.


Archived MVP Odds: 2023, 2022, 2021, 2020, 2019, 2018

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After working in TV, Matt turned his focus towards numbers, specifically odds. He has been with us since 2016 and serves as SBD's Editor-in-Chief, credited with creating our futures trackers, SBD's score predictor, SBD Sharp, and his own model for calculating NFL SOS, among other products.