NFL MVP Odds Explained – Compare the Latest NFL MVP Odds

With the NFL in full swing, NFL MVP odds will soon start to heat up. Traditionally, NFL MVP odds leaders are quarterbacks, and in this league, there is no shortage of great ones. Especially Green Bay Packers quarterback Aaron Rodgers, who is looking to win another MVP award but will likely face stiff competition from the other excellent QBs around the league.

In this guide, we’ll break down the latest NFL MVP odds for the 2022-23 season. Furthermore, we’ll provide recommendations on where to find the best MVP odds for the NFL and how to bet them.

Comparing 2022-23 NFL MVP Winner Odds

Highlighted below are the 2022-23 NFL MVP betting odds. You will notice that the list is made up of all quarterbacks. As mentioned above, MVP winners are traditionally quarterbacks. Time will tell if Buffalo Bills quarterback Josh Allen will be the next quarterback to capture this illustrious award.

Player BetOnline XBet MyBookie BetUS Bovada Sportsbetting.ag
Josh Allen +450 +450 +400 +450 +400 +500
Patrick Mahomes +500 +400 +450 +550 +700 +550
Justin Herbert +800 +680 +680 +700 +700 +700
Tom Brady +900 +920 +920 +900 +1200 +1200
Lamar Jackson +1400 +1325 +1325 +1200 +1400 +1500
Jalen Hurts +1400 +1450 +1450 +1600 +1500 +1400
Kirk Cousins +1600 +2200 +2200 +1800 +2500 +2200
Aaron Rodgers +2000 +1300 +1300 +1600 +1200 +1600
Joe Burrow +2000 +1450 +1450 +2200 +1400 +1600
Russell Wilson +2000 +1475 +1475 +2000 +1400 +3000
Derek Carr +2200 +2500 +2500 +2200 +2000 +3500
Matthew Stafford +3300 +2100 +2100 +2800 +2000 +3000
Trey Lance +3300 +5400 +5400 +2800 +2500 +4000
Jameis Winston +4000 +5800 +5800 +4000 +5500 +6000
Tua Tagovailoa +4000 +3700 +3700 +4000 +4000 +4000
Kyler Murray +5000 +2500 +2500 +4000 +2200 +2500

How do NFL MVP Odds Work?

MVP odds in the NFL are fairly straightforward. They are considered to be futures odds, which means they are odds that are created well in advance of an intended outcome and typically graded or paid out at the conclusion of a season. Below, we’ll take a deeper look at how NFL MVP betting odds work.

Explaining NFL MVP Odds

Odds to win NFL MVP are calculated by professional oddsmakers who consider individual players’ strengths and weaknesses, their opponents, their overall supporting cast and team, and other factors related to their on-the-field performance. With this information, oddsmakers assign odds before the start of the season and provided updated NFL MVP odds throughout the season as games unfold weekly.

For example, at the start of the 2022-23 NFL season quarterback Josh Allen had the best odds to win the NFL MVP. However, if Josh doesn’t play well or plays well but his team isn’t succeeding, oddsmakers will more than likely adjust his chances to win the award due to the success of his team and/or his poor play. Instead, they’d likely increase the odds for another player who is leading their team more efficiently.

How to Read NFL MVP Lines

Reading NFL MVP betting odds is essentially the same as any other bet type. Odds will either begin with a plus sign or a negative sign. The higher the plus sign, the less likely the outcome is to happen, and the higher the negative sign the more likely the outcome will happen.

You may notice that most if not all players have a positive sign next to their odds. This is because predicting the NFL’s Most Valuable Player is difficult for oddsmakers to do. Thus, they typically don’t change a player’s odds to the negative side until much further into the season and only if they are a clear-cut favorite to win.

For example, a player’s odds at the start of the season may be +900 to win the MVP. If this player performs well and leads their team to the number one seed in their conference you will likely see their NFL MVP odds adjust to +150 or even -110 – depending if there are other high-caliber players performing well.

Types of NFL MVP Odds Available

When it comes to betting on the NFL MVP race there really aren’t multiple methods available. As mentioned prior, it’s a futures odd that is based on one outcome, which is who will win the award at the end of the season. With that, let’s take a closer look at what futures are and how they work.

Futures Odds

In short, NFL futures odds are bets that are placed on a single (future) event. In this case, NFL MVP odds are futures odds for the MVP award. When presented, MVP futures odds will be in list format, which includes the player’s name and their implied odds to win the award. The list will rank the players’ from the best odds, which is most likely to happen, to the worst or the least likely to happen.

Below is an example of how NFL MVP odds will be displayed at online sportsbooks.

Example: 

Player Odds to Win NFL MVP
Josh Allen +300
Tom Brady +500
Aaron Rodgers +550

In this example, Josh Allen has the best odds meaning he is most likely to win the award. As such, the sportsbook assigned him odds closer to even money. Because the number is a plus sign you can easily calculate how much you will profit with a bet of $100. $100 on Josh Allen would net a $300 profit and $100 on Brady would net a $500 profit, etc.

How to Sign Up and Find the Best NFL MVP Odds

Signing up to bet on the NFL MVP is an easy process that should only take you a few minutes. Below is a step-by-step process you can follow to quickly sign up at BetOnline, the number one online sportsbook for NFL betting, and more.

  • Step 1: First, you will want to visit the homepage and click “Join Now” to start the account creation process. Just enter a few personal details and will be ready to move forward to the deposit phase.
    BetOnline Login
  • Step 2: After creating an account you will need to deposit betting funds. Click the cashier button and then select the deposit method of your choice. Here, you will also want to include any sportsbook promo codes to take advantage of any welcome bonuses being offered.
    BetOnline Deposit
  • Step 3: Once you’ve completed your deposit you can browse the NFL MVP betting lines and select the player or odds that work best for you.
    NFL MVP odds
  • Step 4: Choose the bet and add it to your bet slip. In the bet slip, enter the amount of money you wish to bet and confirm it with the sportsbook.
    Online sportsbook bet slip
  • Step 5: Now all you have to do is wait until the NFL Most Valuable Player Award is awarded to see if you won. If you won, your original bet amount plus your profits will automatically be credited into your sportsbook account.
    NFL betting BetOnline

Past NFL MVP Odds

As mentioned throughout our guide here, NFL MVP betting odds will change weekly. Odds set at the beginning of the season will look much different at the end of the season.

For example, when looking at the 2021-22 NFL MVP odds you can see how drastically the odds shifted from the preseason. At the start of the season, Aaron Rodgers was at +1000 but by the end of the season he was virtually guaranteed to win the award and his odds changed to -500.

Player 2021-22 Opening NFL MVP Odds 2021-22 Final NFL MVP Odds
Patrick Mahomes +475 +400
Aaron Rodgers +1000 -500
Josh Allen +1200 +6500
Tom Brady +1200 +400
Russell Wilson +1400 +25000
Dak Prescott +1500 +10000
Lamar Jackson +1600 +25000
Kyler Murray +1800 +10000
Matthew Stafford +1900 +10000
Justin Herbert +2000 +25000

The Best Sportsbooks for NFL MVP Odds

There is no shortage of options to bet on the NFL as there are several top-tier betting apps and online sportsbooks. Below, we put together a shortlist of the best NFL betting sites. Each sportsbook mentioned is a fantastic option to bet on the NFL MVP and more but each have their own pros and cons.

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