NFL MVP Odds 2024

Before the 2021 NFL season, the players who had won back-to-back MVP awards consisted of Jim Brown, Joe Montana, Brett Favre, and Peyton Manning.

In 2021, Aaron Rodgers won his second consecutive MVP award and fourth overall, joining some very elite company.

In 2022, Rodgers was trying to continue his assault on the MVP record book.

If he had managed to win the MVP in ‘22, Rodgers would have joined Brett Favre as the only player to win the award in three consecutive seasons, and he would have joined Peyton Manning as the only player to win the award five times in a career.

Unfortunately for Packers fans, to say Rodgers had a disappointing year would be an understatement.

Not only did A-Rod not win the MVP award, but he forced the organization to trade him, and he is now a member of the NY Jets.

In his first year with the Jets, the four-time NFL MVP is +1600 to win another.

Patrick Mahomes (+600) is the favorite to repeat as MVP this year.

NFL MVP Odds Report

The Favorites

Patrick Mahomes (+600)

In 2022, Patrick Mahomes won his second NFL MVP Award, capturing 48 of the 50 first-place votes. Mahomes led the Kansas City Chiefs to a Super Bowl win, and he led the NFL in passing yards, with 5,250 yards through the air.

With a QB Rating of 105.2, the 2017 10th overall pick threw an impressive 45 touchdowns and 12 interceptions while averaging 309 passing yards per game.

The KC franchise QB has a passing yards prop total of +4650.5 in 2023. Mahomes went over that total by 600 yards last year.

Josh Allen (+700)

Prior to the 2022 season kicking off, there was a lot of hype about Josh Allen and his MVP chances. Allen went out and put up a great statistical season, and once again, he finds himself near the top of the MVP odds board.

Allen threw for 4,283 yards, which was the 7th most in the league. The dual-threat also averaged 48 yards rushing per game, only three yards less than Jalen Hurts (51 yards) averaged per game in Philadelphia.

Allen’s QB Rating was 96.6, throwing for 35 touchdowns and 14 interceptions. If the 2018 7th overall pick can lower his INTs and raise his QB Rating a few points, an MVP award could be within his grasp.

Joe Burrow (+700)

In his rookie season, Joe Burrow tore his ACL, played only ten games, and the football world kinda slept on him as a franchise QB, maybe forgetting he was a first-overall pick and a National Champion while at LSU.

After two sensational seasons since the injury, nobody is sleeping on Joe Burrow as a franchise QB anymore.

In 2022, the 2020 number-one overall pick averaged 280 yards passing per game and showed his knee was fully healthy by chipping in with just over 250 rushing yards for the season. (16 / game)

With 35 touchdowns and 12 INTs, Burrow had a QB Rating of 100.8. He is only one year removed from a rating over 108, which is easily MVP territory.

The Contenders

Justin Herbert (+900)

With 4,739 passing yards last year, only Patty Mahomes threw for more yards than the Chargers franchise QB, Justin Herbert.

Herbert was famously drafted 6th overall in 2020, one pick after the Miami Dolphins selected Tua Tagovailoa. In 2022, Herbert averaged 279 passing yards per game.

Jalen Hurts (+1200)

With 3,700 passing yards in 2022, Jalen Hurts finished 10th in total yards through the air. However, anyone who follows NFL football knows that Hurts brings so much more than that to the Eagles offense.

Once again, the former second-round pick (53rd overall in 2020) was a factor in the Philly offense, where he averaged over 50 yards rushing per game.

Hurts had an impressive 101.6 QB Rating last year, with 22 touchdown passes and just six interceptions.

This year the passing yards prop total for Hurts is 3625.5 yards — 75.5 yards less than what he threw for last year.

Aaron Rodgers (+1600)

Aaron Rodgers won the NFL MVP Award in 2011, 2014, 2020, and 2021. Many thought Rodgers had a shot at history last year, if he could win a third consecutive and fifth award overall, he would be in very rare company.

In an interesting plot twist, Rodgers became embroiled in a feud with Packers management that eventually forced them to trade the eventual Hall of Fame QB to the NY Jets.

The Jets have some exciting weapons on offense and now add a four-time MVP, albeit one who struggled last year.

Watching how the Rodgers saga plays out in New York will be fun in 2023. Even if Rodgers is great, there is no guarantee that means success in a very tough AFC East.

The Longshots

Russell Wilson (+4000)

During his many years with the Seattle Seahawks, Russell Wilson made nine Pro Bowls, won a Pro Bowl MVP and made two consecutive Super Bowls, winning one of them.

However, Wilson never earned an MVP vote with Seattle, despite making nine Pro Bowls.

When he signed a $245 million contract with the Broncos, I’m sure Denver expected more than finishing dead last in points per game with Russ at QB.

Hopefully, Year 2 in Denver goes better than Year 1 for Russ and his Broncos.

Justin Jefferson (+10000)

Justin Jefferson is a pretty special player, doing things that might never have been done before at the wide receiver position.

Currently, Jefferson is the all-time receiving yards-per-game leader. The 2020 22nd overall pick of the NFL draft averaged 86.5 receiving yards per game during his three years in the league.

In 2022, Jefferson was far and away the most dominant WR in the NFL. The former LSU wideout had 1,809 yards receiving in 17 games, which averages out to 106 receiving yards per game.

MVP Futures Betting

Betting on the NFL MVP is one of the most popular types of NFL futures betting found across North America. As the legalization of sports betting continues to grow across the US, placing a wager on your MVP candidate is becoming much easier.

There are so many available futures bets that recreational gamblers are not just limited to the MVP market. We have access to all kinds of different awards and personal stats that are associated with each individual player.

Futures betting continues to gain in popularity, and the betting products and options offered by the sportsbooks only continue to grow.

How To Bet NFL MVP Futures

Timing is everything in betting. Odds fluctuate and change. Getting your wagers in at the right time can translate into higher payouts. In the case of MVP odds, different factors dictate the odds’. It’s a week-to-week thing.

Injuries will cause the odds to get longer, minimizing the player’s chance of winning the award. A player who doesn’t play the entire season is pretty much out of the equation.

Supporting casts are a crucial component to help a player perform at his highest. You should consider looking at his teammates as well.

Where Can You Bet On MVP Futures?

All legal, regulated sportsbooks offer you MVP futures odds. Go to the NFL tab, click ‘Futures,’ and find MVP odds.

These are also called “Player Futures” or “Awards.” There, you’ll find all the players available to bet on.

How Is The NFL MVP Decided?

The Associated Press is the entity that gives out the official MVP award. It’s 50 sportswriters that vote at the end of the regular season and before the playoffs start.

Remember, the award is only for the regular season output. The announcement of the winner happens the day before the Super Bowl.

MVP stands for “Most Valuable Player.” Although, the award rarely goes to the one who represents the most “value” to its franchise. Individual stats and team records go a long way as deciding factors to grant the MVP.

Super Bowl MVP History

Out of the 55 Super Bowl MVPs, 31 have gone to QBs. Seven running backs have won it, seven wide receivers and ten defensive players.

Unlike the regular season MVP, which is led by QBs, the Super Bowl MVP can be found at almost any position on the field.

Sometimes the players who win the SB MVP come from obscurity, like S Dexter Jackson or LB Malcolm Smith. The big stage also presents an opportunity for legacies to be cemented, like LBs Von Miller and Ray Lewis dominating on Super Sunday.

The biggest surprise was when Green Bay’s Desmond Howard won the MVP as a kick returner. He totalled 244 return yards and a TD to earn the award.

Quarterbacks have won seven out of the last nine Super Bowl MVPs. As for losing teams, only Cowboys LB Chuck Howley has won the award with a losing effort.

Tom Brady holds the Super Bowl MVP record, winning four total Super Bowl MVPs. Joe Montana follows with three, while Terry Bradshaw, Eli Manning, and Bart Starr won two.