2024 NFL MVP Odds On BetMGM

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2024 NFL MVP Odds

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Sportsbook

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BetMGM

BetRivers

+150

1.5 to 1

Josh Allen

30.9% implied probability

+200

2 to 1

Lamar Jackson

25.8% implied probability

+600

6 to 1

Jared Goff

11.0% implied probability

+1400

14 to 1

Patrick Mahomes

5.2% implied probability

+1400

14 to 1

Jalen Hurts

5.2% implied probability

+2200

22 to 1

Kyler Murray

3.4% implied probability

+2500

25 to 1

Justin Herbert

3.0% implied probability

+4000

40 to 1

Jayden Daniels

1.9% implied probability

+4000

40 to 1

Brock Purdy

1.9% implied probability

+4000

40 to 1

Joe Burrow

1.9% implied probability

+5000

50 to 1

Saquon Barkley

1.5% implied probability

+6000

60 to 1

Jordan Love

1.3% implied probability

+6000

60 to 1

Sam Darnold

1.3% implied probability

+6600

66 to 1

C.J. Stroud

1.2% implied probability

+8000

80 to 1

Derrick Henry

1.0% implied probability

+10000

100 to 1

Kirk Cousins

0.8% implied probability

+12500

125 to 1

Matthew Stafford

0.6% implied probability

+12500

125 to 1

Geno Smith

0.6% implied probability

+15000

150 to 1

Baker Mayfield

0.5% implied probability

+15000

150 to 1

T.J. Watt

0.5% implied probability

+25000

250 to 1

Ja'Marr Chase

0.3% implied probability

+50000

500 to 1

Caleb Williams

0.2% implied probability

+50000

500 to 1

Russell Wilson

0.2% implied probability

+50000

500 to 1

Aaron Rodgers

0.2% implied probability

Latest News & Updates on NFL MVP Odds

We closely monitor NFL MVP odds daily and weekly across the best online sportsbooks to keep you updated on the latest trends and movements. As player performances and team dynamics shift throughout the season, these odds can change significantly. Here are the latest updates on the NFL MVP odds, highlighting which players are currently favored to win the prestigious award.

📆 Nov. 21 & Nov. 24-25: Key matchups for leading candidates in NFL MVP odds for Week 12 games include Lamar Jackson (+200), the reigning MVP, leading the Ravens into Los Angeles to face the Chargers and their own favorite in NFL MVP odds, QB Justin Herbert (+2500), for the Monday Night Football game. Jared Goff moved to third in the odds at +600. He and the Lions visit the Colts. Jalen Hurts (+1400) and the Eagles visit the Rams. Kyler Murray (+2200) and surprising Arizona are at Seattle.
📆 Nov. 19: Buffalo's Josh Allen moved into the favorite spot in NFL MVP odds at +150 after leading the Bills past the two-time champion Chiefs, 30-21, and Patrick Mahomes. Allen finished 27 of 40 for 262 yards with a passing and rushing TD. The Bills are on a six-game winning streak and are leading the AFC East at 9-2 entering a bye week. Mahomes fell to fourth with Hurts (both +1400) among favorites after the loss. Teams off this week: Falcons, Bills, Bengals, Saints, Jets, Jaguars.
📆 Nov. 14 & Nov. 17-18: The Week 11 results for several of the top candidates in NFL MVP odds yielded success. Allen soared to the betting favorite spot by leading the Bills over the previously undefeated Chiefs and Mahomes. Jackson had a below-average game in a loss to Pittsburgh. Goff moved up the list by helping the Lions blast the Jaguars as he bounced back from a five-interception performance against Houston the week before. Hurts led the Eagles to big divisional win over Washington.

NFL MVP Odds by Player

When it comes to the NFL Most Valuable Player award, the quarterback position has dominated the conversation in recent years. Quarterbacks have won the award in 14 of the last 15 seasons, and it's no surprise that they are once again the favorites in NFL MVP odds. Here's a look at the current NFL futures odds for NFL MVP. The top players on the BetMGM board are all quarterbacks.

With the 2024 NFL season underway, fans and analysts alike expect the competition to be fierce for Most Valuable Player. Several talented players will be in the running for the honor, which is awarded during Super Bowl week.

Josh Allen, Bills (+150)

Buffalo's QB, according to most NFL MVP odds observers, possesses all the talent in the world to win the award. He has played with more consistency this season, taking better care of the ball, and he and the 9-2 Bills have a six-game winning streak after they toppled the previously unbeaten Kansas City Chiefs and Patrick Mahomes. Allen has gone 217-of-339 for 2,543 yards and 18 TDs this season. Additionally, he has 316 yards rushing and another five TDs. The Bills are off this week.

Lamar Jackson, Ravens (+200)

The reigning NFL MVP has played outstanding football this season. Baltimore fell to 7-4 after being knocked off by AFC North rival Pittsburgh. Jackson had a rough game. Hard to believe, but Jackson is already in his seventh season. He has been dominating as a passer (second in the league with 2,876 passing yards, plus 25 TD throws) and as a runner with 584 yards. He will likely be near the top of the passing stats at year's end and should be among the rushing leaders for QBs. His odds will remain solid with that type of dual-threat play.

Jared Goff, Lions (+600)

Goff and Detroit are considered the favorites in the NFC North following a breakthrough 2023 season in which the Lions came up one game shy of their first Super Bowl appearance. With the rise of the Vikings and Packers, though, they have a legitimate race for the division title on their hands. Goff is the steady presence through it all. The Lions are 9-1 after shredding Jacksonville. It was a great rebound for Goff after throwing five picks in a comeback win over Houston two weeks ago. He went 24-29 for 412 yards and four TDs against Jacksonville – with no interceptions – and is completing 73% of his passes for the season.

Patrick Mahomes, Chiefs (+1400)

Mahomes is among the favorites to win the MVP and with good reason. His stats to start the 2024 aren't blowing anyone out of the water, but he kept finding ways for the Chiefs to win in their 9-0 start. He ran out of comebacks in the loss to the Bills, though. At 9-1, as long as the reigning Super Bowl champs stay in the title hunt, Mahomes will remain a favorite in NFL MVP odds. Mahomes checks all the boxes for a viable MVP candidate as the quarterback of a Super Bowl-contending team who can post elite production.

Jalen Hurts, Eagles (+1400)

In his fifth season, Philadelphia's leader has kept the Eagles in the thick of playoff contention. They are 1.5 games ahead of the Commanders in the NFC East and Hurts is a big reason why. He led Philly to a dominating victory over Washington and continues to get great play out of running back Saquon Barkley. Hurts was only 18-28 for 221 yards. While he didn't throw a touchdown, he did not throw an interception either. For the season, Hurts is completing 69.2% of his passes for 2,197 yards and 12 TDs. He has added 417 yards on the ground and another 11 touchdowns.

Kyler Murray, Cardinals (+2200)

Murray, healthy and fully in charge in Arizona, is starting to fulfill the promise that made him the No. 1 draft pick in 2019. Now in his sixth season, he and the Cardinals have made great strides and sit at 6-4 atop the NFC West coming out of their off week. He is completing almost 70 percent of his passes for 2,058 yards and 12 TDs, plus has added 371 yards on the ground and another four scores. Arizona, after winning just four games last season, has won four in a row and five of six.

Justin Herbert, Chargers (+2500)

The fifth-year QB out of Oregon is having a solid first season under new coach Jim Harbaugh. Herbert and the team credit a culture shift under the former 49ers and Michigan coach. The Chargers are 7-3 and got a signature win by topping Cincinnati last week. Herbert is 176-of-277 for 2,186 yards. He has 13 TD passes against only one interception. Los Angeles has been playing hard-nosed football and the team's success has boosted Herbert's profile among NFL MVP odds favorites.

MVP Odds NFL Betting Tips

Big numbers: Obviously, the performance of individual players is a crucial factor in determining MVP odds. Players who put up impressive stats and make game-changing plays are more likely to be considered for the award. You want to target a player that will put up huge numbers; a game manager might be extremely valuable, but he won't be a smart bet for MVP.
Winner, winner: A player's team success can also impact his NFL MVP odds. Players on teams that win a lot of games and make the playoffs are more likely to be considered for the award. For example, a quarterback who leads his team to a division title or a high playoff seed is more likely to be in the running for the MVP award than another great QB on a bad team.
Back the Quarterbacks: The NFL MVP award has essentially become a quarterback award. A non-quarterback has not won the award since Vikings running back Adrian Peterson accomplished that feat in 2012. Narrowing your focus to the quarterbacks is a prudent starting point, and then bettors can determine which signal-callers fit the above criteria in terms of posting gaudy production for a playoff-caliber team.

How The NFL MVP Award is Decided

The NFL MVP award, officially recognized and the basis for NFL MVP futures wagers, is presented by the Associated Press. A panel of 50 sportswriters conducts their voting at the conclusion of the regular season, just before the playoffs commence. This timing ensures that only the regular season's performance is considered during the vote. The announcement of the MVP award-winner takes place on the day before the Super Bowl.

Understanding NFL MVP Betting Odds

For those who are new to NFL odds, understanding NFL MVP odds can be a bit tricky. However, they are really simple to read and understand.

NFL MVP odds are essentially a way for the top NFL betting apps to predict which player will win the Most Valuable Player award for the upcoming NFL season. These odds are determined by a variety of factors, including a player's performance in the previous season, their team's overall performance and their individual statistics.

When looking at NFL MVP odds, it's important to pay attention to the value of each bet. A bet with long odds has a lower chance of winning but a higher potential payout. On the other hand, a bet with low odds has a higher chance of winning, but a lower potential payout. Odds of +1000, for example, indicates you will win $1000 on a winning $100 wager, while odds of +20000 would pay off with $20,000 – but it is significantly harder to win a bet like that.

All betting sites will provide a list of NFL futures such as MVP and Super Bowl odds well before a season, which can be viewed and compared to find the best value bet. It's important to note that these odds will change throughout the season – sometimes dramatically – based on a player's performance and other factors, which include injuries or the play of top rivals.

Occasionally, sportsbooks will even offer exclusive NFL betting promos that can be used to wager on MVP odds.

Recent NFL MVP Award Winners

Most of the former NFL MVP winners were quarterbacks. Only 18 non-QBs have won the NFL MVP award, including one kicker. No wide receiver has won the NFL MVP award.

Season	Winner
2023	Lamar Jackson, QB, Baltimore Ravens
2022	Patrick Mahomes, QB, Kansas City Chiefs
2021	Aaron Rodgers, QB, Green Bay Packers
2020	Aaron Rodgers, QB, Green Bay Packers
2019	Lamar Jackson, QB, Baltimore Ravens
2018	Patrick Mahomes, QB, Kansas City Chiefs
2017	Tom Brady, QB, New England Patriots

Positional Analysis – NFL MVP Futures

When it comes to the NFL Most Valuable Player (MVP) award, the quarterback position has dominated the conversation in recent years. Quarterbacks have won the award in 14 of the last 15 seasons, and it's no surprise that they are once again the favorites to win MVP for the 2024-25 NFL season.

While running backs have won the award in the past, it's unlikely that we will see a non-quarterback win the award this season. However, there are a few positional players who could potentially be in the conversation if they have standout seasons. These include Tyreek Hill and Christian McCaffrey.

Quarterback: 47
Running back: 13
Fullback: 4
Halfback: 1
Kicker: 1
Defensive tackle: 1
Linebacker: 1

Noteworthy NFL MVP Winners

Lawrence Taylor: Taylor is the last defensive player to win the NFL MVP award. In 1986, he led the New York Giants to a 14-2 record and a Super Bowl victory that season. Taylor recorded 20.5 sacks and 105 tackles, and his dominant play earned him the nickname "LT."
Mark Moseley: Washington kicker Moseley is the first and only kicker to win NFL MVP back in a strike-shortened 1982 season. In an era with such top-notch play from higher-profile positions like quarterback and wide receiver, Moseley's standing as the only kicker to win MVP will likely not be threatened anytime soon.
Adrian Peterson: The last running back to win the NFL MVP, Peterson took home the award as a member of the Minnesota Vikings in the 2012 NFL season He rushed for 2,097 rushing yards, just the seventh player in NFL history to eclipse 2,000 rushing yards, as the Vikings improved from 3–13 to 10–6 and made the playoffs.
Alan Page: In 1971, Page became the first defensive player to win the NFL MVP award. Defensive tackles rarely have the production to garner MVP consideration. Page is the only true defensive tackle to win the award. There have been recent candidates such as Aaron Donald, but with his retirement, it's difficult to identify any obvious defensive tackles with MVP potential. There are also very few defensive players even listed among the top favorites.

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