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2024-25 NFL MVP Odds Tracker – Mahomes Favored Again

Matt McEwan

By Matt McEwan

Updated:

  • 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

Top 5 Top 10 Top 25 26-50
Sports Betting Dime

Patrick Mahomes is back to being the NFL MVP favorite. Josh Allen’s time atop the board only lasted one week, as he saw his odds fade after being blow out by the Ravens in Week 3. While it was fair to expect a bit of a setback for Mahomes and the Chiefs offense after losing Rashee Rice, they continued to move the ball and put up points in Week 5 without their star WR. If Mahomes continues to put up numbers with an aging Travis Kelce and JuJu Smith-Schuster, his MVP odds are going to improve at an accelerated rate.

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

Odds to Win 2024-25 NFL MVP

sport icon Player Best Odds Best Odds Bet365 Hard Rock Bet DraftKings FanDuel
Mahomes, Patrick DraftKings +360 +300 - +360 +300
Jackson, Lamar Bet365 +550 +550 - +550 +550
Stroud, Cj DraftKings +650 +600 - +650 +550
Allen, Josh FanDuel +750 +700 - +475 +750
Purdy, Brock DraftKings +1400 +1200 - +1400 +1000
Daniels, Jayden Bet365 +1400 +1400 - +1100 +1300
Darnold, Sam FanDuel +1700 +1600 - +1400 +1700
Goff, Jared Bet365 +1800 +1800 - +1800 +1600
Burrow, Joe FanDuel +2200 +2000 - +1700 +2200
Love, Jordan DraftKings +2200 +2000 - +2200 +1800
Mayfield, Baker Bet365 +3000 +3000 - +3000 +2200
Cousins, Kirk Bet365 +3000 +3000 - +3000 +2900
Hurts, Jalen Bet365 +3000 +3000 - +2800 +2500
Williams, Caleb Bet365 +5000 +5000 - +5000 +5000
Prescott, Dak FanDuel +5500 +5000 - +3500 +5500
Henry, Derrick DraftKings +6000 +5000 - +6000 +6000
Murray, Kyler FanDuel +6000 +5000 - +3500 +6000
Rodgers, Aaron Bet365 +8000 +8000 - +5000 +4000
Herbert, Justin DraftKings +10000 +8000 - +10000 +7000
Fields, Justin Bet365 +10000 +10000 - +7000 +8000

Patrick Mahomes is the NFL MVP favorite with +330 odds. A $20 bet on the Chiefs QB would stand to win $66 and return $86. Mahomes’ probability to win the MVP, based on those odds, is 23.3%.

After Mahomes in the NFL MVP odds is Lamar Jackson (+650), CJ Stroud (+800), Josh Allen (+800), Jayden Daniels (+1100), Sam Darnold (+1300), Brock Purdy (+2000), Joe Burrow (+2500), Jared Goff (+2500), and Kyler Murray (+2800).

*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 MVP. One of the best sign-up offers comes from claiming the Bet365 bonus code, which unlocks a chocie between two great offers. 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.

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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:

  • [October 8] Josh Allen saw his MVP odds worsen significantly, going from +317 to +800, after he (and his WRs) struggled in Week 5 against the Texans. Jayden Daniels, on the other hand, is not only the odds-on favorite to win NFL OROY, but moved into the top five MVP contenders after Week 5. Daniels’ odds improved from +3800 to +1100 after embarrassing a once proud Browns defense.
  • [Septemer 30] Josh Allen’s time as the NFL MVP favorite only lasted one week, as his odds faded after the Bills were blown out on SNF of Week 4 by the Ravens. Patrick Mahomes took back over as the favorite, in spite of his favorite target, Rashee Rice, potentially being lost for the season. Sam Darnold saw his odds continue to improve, landing at +1300 after Week 4, making him a top five contender.
  • [September 23] After three straight weeks of dominating on the field, Josh Allen has taken over as the NFL MVP favorite following a Week 3 blowout of the Jaguars. The other player who saw major odds movement after Week 3 was Sam Darnold. The Vikings QB was getting +8367 odds coming into the week, but is now as short as +2800.
  • [September 9] Josh Allen did it all for the Bills in Week 1, throwing for 232 yards and two touchdowns, while adding 39 yards on the ground and another two touchdowns. His NFL MVP odds have shortened after the outstanding performance, and DraftKings was even calling him the co-favorite alongside Patrick Mahomes on Sunday night. Joe Burrow, on the other hand, saw his odds fade from +975 to +1500. Jordan Love, who is expected to miss between 3-6 weeks after spraining his MCL, went from +1400 odds to +10000.
  • [August 27] As bettors have gotten a good look at Jim Harbaugh’s run-heavy philosophy in the preseason, Justin Herbert’s NFL MVP odds have suffered. Herbert, a perennial top contender for the award, went from +2100 to +3000 in the weeks leading up to the regular season.
  • [April 3] After the Texans acquired WR Stefon Diggs, CJ Stroud saw his NFL MVP odds improve from +1200 to as short as +950. That same move resulted in Josh Allen’s odds fading slightly from +760 to +829.
  • [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

QBs Non QBs RBs WRs & TEs
Sports Betting Dime

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

Sports Betting Dime

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

Matt McEwan
Matt McEwan

Editor-in-Chief; Sports Betting Expert

With nearly a decade working in the industry, Matt is a seasoned sports betting veteran. He got his start with SBD in 2016 and worked his way up the ladder to become the Editor-in-Chief. Along the way he has done everything from reviewing sportsbooks to creating proprietary sports betting tools.

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