2024-25 NFL MVP Odds: Mahomes is Favorite to Win for 3rd Time
Lamar Jackson, the MVP Award winner in 2023 for the Baltimore Ravens, is not the favorite in the 2024-25 NFL MVP odds as we examine the top contenders on our recommended NFL betting sites.
The offseason trades and signings have had a significant impact on both Super Bowl and MVP odds.
Patrick Mahomes, quarterback for the Kansas City Chiefs, is currently the frontrunner to win his third NFL MVP Award, which would tie him for the third-most in league history. Mahomes was the initial favorite and has maintained that position.
Mahomes is closely followed by Josh Allen of the Buffalo Bills and C.J. Stroud of the Houston Texans. It’s worth noting that Allen lost his top receiver, Stefon Diggs, in a trade to the Texans. Can Stroud succeed with Diggs where Allen failed and possibly win the NFL MVP award?
Two quarterbacks from the AFC North complete the top five, with reigning MVP Lamar Jackson ranked as the fifth-highest favorite, followed closely by Cincinnati Bengals’ Joe Burrow.
Below are the odds for the 2024-25 NFL MVP according to the top sports betting sites.
Odds to win NFL MVP 2024-25
The NFL MVP odds were updated on June 10th.
| Player | DraftKings | FanDuel | BetMGM | Caesars | bet365 |
|---|---|---|---|---|---|
| Patrick Mahomes | +475 ❄️ | +500 | +500 | +500 | +500 |
| Josh Allen | +850 | +800 | +900 | +1000 | +700 ❄️ |
| C.J. Stroud | +850 ❄️ | +1000 | +1000 | +1000 | +1000 |
| Joe Burrow | +900 | +1000 | +900 | +1000 | +1000 |
| Lamar Jackson | +1400 | +1400 | +1200 | +1000 | +1000 |
| Jordan Love | +1400 | +1400 | +1400 | +1200 ❄️ | +1400 |
| Brock Purdy | +1400 ❄️ | +2000 | +1600 | +1800 | +1600 |
| Jalen Hurts | +1500 | +1400 | +1600 | +1400 | +1800 |
| Dak Prescott | +1600 | +1600 | +1600 | +1600 | +1600 |
| Justin Herbert | +1800 | +1600 | +1400 | +1500 | +1400 |
NFL MVP favorites
Patrick Mahomes (+500 via FanDuel)
It should come as no surprise to see Mahomes leading the market, despite experiencing a somewhat disappointing season in 2023.
Despite having the worst receiving corps of his career, the two-time MVP managed to rank sixth in passing yards (4,183) and eighth in touchdown passes (27). He put forth a superhuman effort and led his team to victory in the 2024 Super Bowl.
The postseason and 2023 results may not hold significance in this market, but Mahomes’ playoff performance is likely to leave a lasting impression on NFL fans and voters for the upcoming season. If Mahomes can maintain his usual statistical prowess, he is a strong contender for the award.
Josh Allen (+1000 via Caesars)
After the Diggs trade, Allen’s odds of winning have increased to +1000 at Caesars. The Bills addressed the receiver position by selecting Keon Coleman with the 33rd overall pick in the draft.
In 2023, Allen was the sole player, aside from Jackson, to receive a first-place vote. He played a key role in leading the Bills to a five-game win streak, ultimately clinching the AFC East title. Additionally, Allen ranked third in QBR (69.6) and had the second-highest completion rate over expected (5%) and the third-best EPA per dropback (0.18) among all full-time starters.
Allen’s ability to lead the team to another division title could boost his chances of winning his first MVP Award.
How to bet NFL MVP futures odds
To place a bet on the NFL MVP, you are essentially predicting which player will be named the most valuable player at the end of the regular season. Here are the steps to take when betting on the NFL MVP:
- Understand the odds: Familiarize yourself with the odds listed by sportsbooks for different players to win the MVP. The player with the lowest odds is considered the favorite.
- Research player performances: Analyze the performances of various players throughout the season. Factors such as statistics, impact on their team’s success, and overall contributions are crucial. Consider quarterbacks, running backs, wide receivers, or even defensive players who might be having outstanding seasons.
- Monitor odds and player performance: Throughout the season, keep an eye on odds fluctuations and player performances. As the season progresses, odds will change based on players’ performances and their impact on games.
- Stay updated: Stay informed about injuries, team performance, and how players are faring in their respective positions. These factors can significantly impact a player’s chances of winning the MVP.
- Cash-out or hold: Depending on how the season progresses and the player’s performance, you can decide to cash out if the odds are in your favor or hold onto your bet until the end of the season to see if your chosen player wins the MVP.
Keep in mind that wagering on the NFL MVP necessitates thoughtful evaluation of multiple factors and a solid comprehension of the game and players’ performances over the course of the season.
2024-25 NFL MVP opening odds
| Player | Odds |
|---|---|
| Patrick Mahomes | +600 |
| Josh Allen | +800 |
| Joe Burrow | +900 |
| C.J. Stroud | +1100 |
| Lamar Jackson | +1200 |
| Dak Prescott | +1400 |
| Justin Herbert | +1400 |
| Brock Purdy | +1600 |
| Jalen Hurts | +1600 |
| Jordan Love | +1600 |
Previous NFL MVP winners
| Year | Player | Team | Position | Preseason odds |
|---|---|---|---|---|
| 2023 | Lamar Jackson | Ravens | QB | +1400 |
| 2022 | Patrick Mahomes | Chiefs | QB | +800 |
| 2021 | Aaron Rodgers | Packers | QB | +1100 |
| 2020 | Aaron Rodgers | Packers | QB | +3000 |
| 2019 | Lamar Jackson | Ravens | QB | +4000 |
| 2018 | Patrick Mahomes | Chiefs | QB | +3525 |
| 2017 | Tom Brady | Patriots | QB | +385 |
| 2016 | Matt Ryan | Falcons | QB | +7500 |
| 2015 | Cam Newton | Panthers | QB | +5200 |
| 2014 | Aaron Rodgers | Packers | QB | +600 |
| 2013 | Peyton Manning | Broncos | QB | +600 |
| 2012 | Adrian Peterson | Vikings | RB | +4000 |
| 2011 | Aaron Rodgers | Packers | QB | +400 |
| 2010 | Tom Brady | Patriots | QB | +800 |
NFL MVP winners by position
| Position | NFL MVP awards |
|---|---|
| Quarterback | 47 |
| Running back | 13 |
| Fullback | 4 |
| Halfback | 1 |
| Kicker | 1 |
| Defensive tackle | 1 |
| Linebacker | 1 |
NFL MVP winners by team
| Team | NFL MVP awards |
|---|---|
| Packers | 10 |
| Colts | 9 |
| 49ers | 5 |
| Browns | 4 |
| Rams | 4 |
| Raiders | 3 |
| Patriots | 3 |
| Commanders | 3 |
| Broncos | 3 |
| Vikings | 3 |
NFL MVP FAQs
Who is the favorite for NFL MVP?
Patrick Mahomes, quarterback for the Kansas City Chiefs, is currently the frontrunner in early betting for the 2024-25 NFL MVP. With odds as low as +475, his chances of winning are estimated at 17.39%.
When will the 2024-25 NFL MVP be announced?
The NFL Honors show will reveal the 2024-25 NFL MVP in the lead-up to the 2025 Super Bowl.
Who was the NFL MVP last year?
Lamar Jackson, quarterback for the Baltimore Ravens, secured his second NFL MVP award of his career in 2023-24.
NFL betting odds pages
Here are our best NFL betting sites:
- Caesars Promo Code: SBRBONUS1000 | Read our Caesars Review
- BetMGM Bonus Code: SBRBONUS | Read our BetMGM Review
- bet365 Bonus Code: SBRBONUS | Read our bet365 Review
- BetRivers Promo Code: SBRBONUS | Read our BetRivers Review
- FanDuel Promo Code | Read our FanDuel Review
- DraftKings Promo Code | Read our DraftKings Review
*Bonuses are not valid in Ontario. If you are over 21 and have a gambling problem, please call 1-800-GAMBLER.
Related pages
- Best Sports Betting Sites | Best Underscoreg Promos (U.S. only)
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