Current NFL MVP Favorites & Best Betting Odds 

Updated on

BetMGM Bonus Code For Super Bowl 58 — Bet $5, Get $158 In Bonuses

The race for this season’s NFL MVP award is shaping up to be competitive. Reigning MVP and two-time winner Patrick Mahomes is the current favorite in betting odds at legal online sportsbooks, with several of the league’s top QBs not too far behind. Let’s take a look at the top contenders and the latest lines to win the NFL regular season MVP award.

Jump to: Latest Odds | Non-QB Contenders | Recent Winners

NFL MVP betting favorites

Three of the AFC’s best QBs are in close range at the top of the odds board, followed by a handful of other quarterbacks who could easily be in the final conversation. Here’s a comparison of betting favorites across top legal sportsbooks in the country. If you see a bet that you like, just click on the NFL odds to be directed to the sportsbook to place the wager.

Patrick Mahomes+650+650+650+700+700
Joe Burrow+700+750+650+800+700
Josh Allen+750+750+750+900+700
Jalen Hurts+1000+1200+1000+1200+1200
Justin Herbert+1000+1500+900+1200+900
Lamar Jackson+1500+1800+1600+1400+1500
Aaron Rodgers+1600+1800+1600+1200+1600
Odds as of May 11th – Subject to change

Mahomes will be gunning for his second straight MVP award as he leads the Chiefs in their defense of the Super Bowl title. Burrow and Allen are close behind in betting odds and could make the AFC very competitive as the Bengals and Bills aim for the conference crown. 

The Eagles came up just short in last year’s big game. They’re the current favorites to represent the NFC once again. Hurts had a season to remember last time around and has the potential to deliver another. Herbert and the Chargers suffered an epic collapse against the Jaguars in last season’s playoffs, but the club has the potential to contend.

Since his trade to the Jets, Rodgers has been steadily on the ascent up the odds board. He’s a four-time MVP from his time in Green Bay and could end up helping the Jets’ offense achieve liftoff. Jackson just inked a massive extension with a Ravens team that has brought in some help for him on offense, including the signing of Odell Beckham Jr.

Latest NFL MVP odds for 2023-24

The table below has the latest betting odds from top US sportsbooks on the winner of next season’s NFL MVP award. All odds within the table are provided by DraftKings Sportsbook.

Other MVP candidates

Beyond the favorites, there’s another group of top QBs who are jockeying for position in betting odds.  

Lawrence made solid strides in his second pro season and could potentially take another leap forward in year three.  Fields and the Bears struggled mightily last season, while Tagovailoa missed extensive time for the Dolphins. 

Despite the red flags, both players currently stand as top 10 MVP betting favorites. As we move further down the list, the quarterback domination continues. Dak Prescott is next up, followed by Deshaun Watson , Jared Goff and Russell Wilson .  

Top non-QB MVP contenders

It has been over 10 years since a non-QB broke through to win the NFL MVP award. Here are the top skill position players on the board and the latest betting odds. 

Taylor and the Colts are coming off a challenging season, but the hope is that a new head coach will get things back on track. Jefferson and Chase are two of the league’s most productive wideouts. 

Kupp is returning from an injury-shortened season to forget for the Rams, but he could go right back to being a focal point on offense. Hill had a fantastic first season in Miami and is capable of delivering an encore. 

A little further down the board, we find players like Derrick Henry , A.J. Brown , Davante Adams and Christian McCaffrey . All have proven they can have outstanding campaigns, but it’ll likely take a special season to break through and contend for MVP.  

Recent NFL MVP winners

Here’s a look back at the past decade of NFL MVP award winners and runners-up. 

2022QB Patrick Mahomes, ChiefsQB Jalen Hurts, Eagles, QB Josh Allen, Bills
2021QB Aaron Rodgers, PackersQB Tom Brady, Buccaneers, WR Cooper Kupp, Rams
2020QB Aaron Rodgers, PackersQB Josh Allen, Bills, QB Patrick Mahomes, Chiefs
2019QB Lamar Jackson, RavensUnanimous selection
2018QB Patrick Mahomes, ChiefsQB Drew Brees, Saints
2017QB Tom Brady, PatriotsRB Todd Gurley, Rams, QB Carson Wentz, Eagles
2016QB Matt Ryan, FalconsQB Tom Brady, Patriots
2015QB Cam Newton, PanthersQB Tom Brady, Patriots, QB Carson Palmer, Cardinals
2014QB Aaron Rodgers, PackersDE JJ Watt, Texans
2013QB Peyton Manning, BroncosQB Tom Brady, Patriots

Is a QB the best bet to win the NFL MVP? 

Over the past decade, it has been a clean sweep for QBs winning the NFL MVP award. The last time a non-QB won was Vikings RB Adrian Peterson in 2012. Looking back even further, a quarterback has won it 17 of the last 20 times, and 47 of 68 times stretching back to 1957. 

This is not a trend that shows any signs of abating. Barring a truly special campaign from a skill position player or a defender, a top QB is the most likely winner. For further confirmation, look no further than the current betting odds. There are 27 players with odds of less than +10000. All of them play quarterback.