2024 MLB MVP Odds: Betting Lines for AL & NL MVP Race

Alec Bohm was a top prospect before his 2020 debut. Since then, he's seemingly settled in as a solid but not spectacular bat in a lineup full of boppers. Now, he's coming into his own and an 18-game hit streak has pushed him up the MBP odds board.

May 6, 2024 • 12:45 ET • 5 min read
Alec Bohm Philadelphia Phillies MLB
Photo By - USA TODAY Sports

Some players take a little longer to live up to their expectations.

Alec Bohm was a highly-touted prospect out of Wichita State when he was drafted early in the 2018 draft. His first few years in the bigs have been good but not amazing. Now, it looks like he's turning a corner and the MLB odds board is reflecting his success.

Let's look at the latest AL and NL MVP odds.

Odds to win AL MVP 2024

Player DraftKings FanDuel bet365 Caesars
Yankees Juan Soto +250 +230 +230 +250
Orioles Gunnar Henderson +330 +370 +350 +300
Royals Bobby Witt Jr. +450 +370 +375 +400
Astros Jose Altuve +1,500 +2,100 +1,800 +2,400
Astros Kyle Tucker +1,700 +1,500 +1,400 +1,800
Astros Yordan Alvarez +1,800 +2,100 +2,000 +2,200
Yankees Aaron Judge  +1,800 +1,700 +1,600 +2,000
Yankees Anthony Volpe +2,000 +9,000 +2,200 +12,500
Orioles Adley Rutschman +2,000 +5,000 +2,800 +2,500
Rangers Corey Seager +2,000 +4,000 +2,500 +4,000
Blue Jays Vladimir Guerrero Jr. +3,000 +16,000 +3,000 +7,500
Guardians Jose Ramirez +3,000 +5,000 +3,000 +5,000
Red Sox Rafael Devers +3,000 +10,000 +3,000 +4,500
Mariners Julio Rodriguez +3,500 +5,000 +4,000 +3,500
Rangers Adolis Garcia +3,500 +4,000 +4,000 +3,500
Rangers Marcus Semien +4,000 +4,000 +4,000 +5,000

Odds as of 5-6-24.

AL MVP odds analysis

5/6/2024: The Houston Astros have three hitters among the Top 6 MVP favorites. Jose Altuve has turned back the clock, hitting .343 with seven home runs and seven stolen bases. Kyle Tucker has the best walk rate of his career and hasn't woken up at the dish yet despite slashing .276/.391/.543. Likewise, Yordan Alvarez has seven homers and a .250 batting average and has plenty of room for improvement. So, if the Astros have this many players considered among the most dangerous hitters in the AL, you can probably guess why they're tumbling in the standings.

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Odds to win NL MVP 2024

Player DraftKings FanDuel bet365 Caesars
Dodgers Mookie Betts +170 +145 +140 +140
Dodgers Shohei Ohtani +600 +500 +500 +500
Braves Ronald Acuna Jr.  +900 +1,200 +900 +1,200
Padres Fernando Tatis Jr.  +1,100 +1,200 +1,000 +1,500
Reds Elly De La Cruz  +1,200 +1,200 +1,200 +1,000
Braves Matt Olson +1,500 +10,000 +2,000 +3,500
Phillies Bryce Harper +1,800 +2,500 +2,000 +2,500
Braves Austin Riley +2,000 +6,000 +4,000 +3,500
Dodgers Freddie Freeman +2,000 +3,600 +2,800 +3,000
Mets Pete Alonso  +2,200 +6,000 +4,000 +3,500
Phillies Alec Bohm +2,200 +2,000 +2,000 +2,000
Braves Marcell Ozuna  +2,500 +5,000 +4,000 +2,500
Diamondbacks Ketel Marte  +3,000 +6,000 +5,000 +6,000
Cubs Seiya Suzuki  +3,000 +20,000 +8,000 +4,000
Padres Manny Machado  +3,500 +12,000 +8,000 +5,000

Odds as of 5-6-24.

NL MVP odds analysis

5/6/2024: Raise your hand if you predicted Alec Bohm to be the driving force behind the Philadelphia Phillies offense. The 27-year-old looks like he's in the midst of a true breakout, slashing .360/430/.576 with four home runs, 13 doubles, and 32 RBI in 35 games. He's riding an 18-game hitting streak and even if power hasn't fully emerged, he's making consistent contact and has upped his walk rate in the process. His odds have also shortened at every book in the wake of his hot streak. His success isn't entirely out of nowhere, either. The Phillies selected Bohm with the third-overall pick in the 2018 draft.

Book disparity is often a curious enterprise, and there are some big gaps in the board above. DraftKings, for example, hasn't reacted harshly to Matt Olson's cold start. Meanwhile, FanDuel has him listed at a whopping 100/1. Other books are somewhere in between. 

Previous MVP winners

Here are the last 10 winners of the AL and NL MVP Award, with Mike Trout leading the way as a three-time winner. Bryce Harper has won twice with two different teams and Miguel Cabrera was the last player to win back-to-back MVP awards (2012-13). Barry Bonds holds the record for most MVP awards (seven)

The New York Yankees have won the most MVPs in MLB history with 23 while the St. Louis Cardinals are second, leading all NL teams, with 21. No player for the Arizona Diamondbacks, New York Mets, or Tampa Bay Rays has ever won MVP.

Previous AL MVP winners

Year American League Winner
2023 Angels Shohei Ohtani
2022 Yankees Aaron Judge
2021 Angels Shohei Ohtani
2020 White Sox Jose Abreu
2019 Angels Mike Trout
2018 Red Sox Mookie Betts
2017 Astros Jose Altuve
2016 Angels Mike Trout
2015 Blue Jays Josh Donaldson
2014 Angels Mike Trout

Previous NL MVP winners

Year National League Winner
2023 Braves Ronald Acuna Jr.
2022 Cardinals Paul Goldschmidt
2021 Phillies Bryce Harper
2020 Braves Freddie Freeman
2019 Dodgers Cody Bellinger
2018 Brewers Christian Yelich
2017 Marlins Giancarlo Stanton
2016 Cubs Kris Bryant
2015 Nationals Bryce Harper
2014 Dodgers Clayton Kershaw

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MLB MVP odds explained

Most sportsbooks will display odds in the American format as listed above. When Goldschmidt ran away with the MVP award in 2022 his odds had a minus (-) sign ahead of the number for a large part of the season. 

  • Paul Goldschmidt -6,000

That means that a bettor in August had to wager $6,000 to win $100 by betting on Goldy to win MVP. Before the season starts, almost every player will have a plus (+) sign ahead of their odds.

  • Shohei Ohtani +200

That means a bettor would have profited $200 for a $100 wager on Ohtani before the season started. 

If American odds aren't your thing, simply use a tool like our odds converter to switch the odds to decimal or fractional format. Most online sportsbooks also give you the option to change the odds format that you see.

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