2023-24 NFL MVP Odds

Last Updated

Betting odds for the winner of the 2023-24 NFL MVP award are available at top sports betting sites. Patrick Mahomes , the reigning MVP and a two-time winner of the award, is once again the favorite to win.

Joe Burrow and Josh Allen are next up in betting odds. Jalen Hurts and Justin Herbert round out the current top five. Here’s a look at what you need to know about betting on the NFL MVP award and the latest odds.

NFL MVP odds: Mahomes favored to win 2023-24 NFL MVP award

Sportsbooks have released odds on the winner of the 2023 NFL MVP award. Mahomes, last year’s winner, is the favorite, along with Joe Burrow and Josh Allen.

2023-24 NFL MVP odds tracker

Here’s a look at the odds for the top MVP contenders and the movement since the initial release of betting lines.

PlayerCurrent OddsJune 1 OddsMay 1 OddsMar. 29 OddsFeb. 28 Odds2024 Opening Odds
Patrick Mahomes+700+650+650+650+650
Joe Burrow+750+700+700+700+650
Josh Allen+800+750+750+750+800
Jalen Hurts+800+1000+1100+1100+1300
Justin Herbert+1400+1000+1000+1000+1000
Lamar Jackson+1200+1500+1500+1500+1700
Trevor Lawrence+1400+1600+1600+1600+1700
Aaron Rodgers+1400+1600+1600+1600+1600
Tua Tagovailoa+2000+1800+1600+1600+1500
Dak Prescott+2000+2000+1800+1800+1800
Justin Fields+1400+2000+2000+2500+3000
Deshaun Watson+3000+3000+3000+3000+2800
Jared Goff+3500+3500+3500+3500
Geno Smith+3500+3500+3500+3500+3500
Russell Wilson+3500+3500+3500+3500+3500
Derek Carr+4500+4500+4500+5000+5000
Trey Lance+3500+3500+3500+3500+3500
Jordan Love+3500+3500+3500+3500+4000
Kenny Pickett+4500+4500+4500+4500+4000
Kirk Cousins+5000+5000+5000+5000+5000
Matthew Stafford+5000+5000+5000+5000+5000
Mac Jones+6500+6500+6500+6500+6000
Daniel Jones+5000+5000+5000+5000+5000
Kyler Murray+6500+6500+6500+6500+5000
Jimmy Garoppolo+8000+6500+6500+6500+7500

NFL MVP odds tracker last updated: June 1

Favorites to win the 2023 NFL MVP

The race to win the next NFL MVP will continue to evolve as the offseason plays out and then over the course of the regular season. Here’s a look at the current betting favorites.

Patrick Mahomes, Kansas City Chiefs

Mahomes is the reigning MVP following another stellar regular season. The Chiefs went 14-3 during the regular season and claimed the AFC West title once again. Following victories over the Jaguars and Bengals in the playoffs, the club took down the Eagles to win the Super Bowl, with Mahomes winning the game’s MVP award. He’ll be on the hunt for his third regular season MVP.

Joe Burrow, Cincinnati Bengals

Burrow — one of the finalists to win the 2022 regular season MVP — and the Bengals fell to the Chiefs in the AFC title game. Now getting set for his fourth pro season, the former first overall draft pick has already built a strong resume. Cincinnati could well be a postseason contender once again, especially if the team’s offense continues its productive ways.

Josh Allen, Buffalo Bills

Allen and the Bills came up short in the postseason once again, falling to the Bengals in the divisional round. He was one of last year’s preseason MVP betting favorites and one of the finalists to win the award. Buffalo has advanced to the playoffs for the last four seasons in a row, but it has only made it to the conference championship once over that span.

Jalen Hurts, Philadelphia Eagles

Hurts was among the five finalists to win last year’s MVP. In addition to his passing stats, he also rushed for 760 yards and 13 touchdowns on the ground. Hurts also excelled in the postseason, ending with a four-TD outing in the Super Bowl loss to the Chiefs. As Hurts gets set for his fourth pro campaign, sportsbooks are expecting Philadelphia to be in the mix of contenders once again.

Justin Herbert, Los Angeles Chargers

The Chargers were one-and-done in the playoffs at the hands of the Jaguars. Herbert had another fine season, but his production dipped slightly from the previous year. He’s also entering his fourth pro season. Los Angeles will be looking to get over the hump in the AFC, and the performance of Herbert will likely be a big factor in how that shakes out.

Long shots to win the 2023 NFL MVP

The last non-QB winner of the NFL MVP award was Adrian Peterson in 2012. Last season, Justin Jefferson was among the five finalists. For the initial release of 2023 NFL MVP betting odds, he’s in the top 30. Other position players who are in the same range include Ja’Marr Chase , Tyreek Hill , Christian McCaffrey , Jonathan Taylor and Cooper Kupp .

NFL MVP line moves

Josh Allen entered last season as the betting favorite. He finished as one of the top five finalists, along with Joe Burrow, Jalen Hurts and Justin Jefferson, but it was ultimately Patrick Mahomes who claimed the award. Mahomes took over the lead in the odds as the regular season was winding down and never relinquished it. For the initial release of 2023 NFL MVP betting odds, Mahomes, Burrow and Allen are the top favorites.

Last 10 winners of the NFL MVP award

2022QB Patrick MahomesKansas City Chiefs
2021QB Aaron RodgersGreen Bay Packers
2020QB Aaron RodgersGreen Bay Packers
2019QB Lamar JacksonBaltimore Ravens
2018QB Patrick MahomesKansas City Chiefs
2017QB Tom BradyNew England Patriots
2016QB Matt RyanAtlanta Falcons
2015QB Cam NewtonCarolina Panthers
2014QB Aaron RodgersGreen Bay Packers
2013QB Peyton ManningDenver Broncos

Teams with the most NFL MVP awards, 1957-present

TeamNumberLast Winner
Packers10QB Aaron Rodgers, 2021
Colts9QB Peyton Manning, 2009
49ers5QB Steve Young, 1994
Browns4QB Brian Sipe, 1980
Rams4QB Kurt Warner, 2001
Broncos3QB Peyton Manning, 2013
Patriots3QB Tom Brady, 2017
Raiders3QB Rich Gannon, 2002
Vikings3RB Adrian Peterson, 2012
Commanders3QB Joe Theismann, 1982

NFL MVP award winners by position, 1957-present

Quarterback47Patrick Mahomes, Kansas City Chiefs, 2022
Running Back18Adrian Peterson, Minnesota Vikings, 2012
Defensive Tackle1Alan Page, Minnesota Vikings, 1971
Kicker1Mark Moseley, Washington, 1982
Linebacker1Lawrence Taylor, New York Giants, 1986

Popular NFL futures bets

Betting on NFL futures usually means wagering on season-long outcomes. This includes betting on the winner of the AFC or NFC, the Super Bowl or the MVP. Futures can remain active from the time NFL lines come out through most or all of the season, depending on what you’re wagering on.

Futures betting requires a long-term perspective, as you don’t receive any payouts and your wager is locked up until the outcome on which you’re betting is official.

For the MVP award specifically, the outcome can be subjective. A panel of writers votes on the award. It’s another layer to consider for betting strategy.

As an example, the vote totals of a player who is not well-regarded on a personal level by members of the media can be affected, regardless of that player’s accomplishments on the field.


What is the official name of the NFL MVP award?

The Associated Press NFL Most Valuable Player Award has been awarded annually since 1957. While there are other honors handed out at the conclusion of the season, this is the only MVP award that’s officially sanctioned by the NFL.

How is the NFL MVP award decided?

A panel of 50 sportswriters casts their votes for NFL MVP at the conclusion of the regular season. The writers make a single selection each, with each vote equaling one point. The player with the most votes/points is the NFL MVP award winner.

Has there ever been a unanimous winner of the NFL MVP?

Yes, this has happened twice. Tom Brady received 50 out of 50 votes while winning his second MVP award with the New England Patriots in 2010. Lamar Jackson of the Baltimore Ravens did the same in 2019.

How many players have won multiple NFL MVP awards?

Nine players are multiple-time winners of NFL MVP. Peyton Manning has won the most all-time with five, followed by Aaron Rodgers with four. Jim Brown is among the four players who have won three, and is also the only non-QB to win multiple times.

Who was the last player to win consecutive NFL MVP awards?  

Aaron Rodgers. The reigning NFL MVP also won the award in 2020. Prior to Rodgers, the last player to turn the trick was Peyton Manning in 2008-09. In the history of the award, just five players have won in consecutive years.