Spring is in the air and 2025 MLB MVP odds are here!
MLB odds again have Aaron Judge and Shohei Ohtani listed as the presumptive favorites to take home their respective league's hardware.
There will be players who seek to challenge the status quo, however, so let's break down the latest odds as training camps slowly get underway.
Odds to win AL MVP 2024
Player | ![]() |
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+300 | +300 | +300 |
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+450 | +350 | +400 |
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+600 | +750 | +600 |
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+750 | +700 | +750 |
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+1500 | +1800 | +1400 |
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+1600 | +1000 | +1000 |
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+1600 | +1600 | +1600 |
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+1700 | +1600 | +1400 |
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+2500 | +3000 | +2500 |
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+3000 | +2000 | +2800 |
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+3500 | +4000 | +3300 |
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+3500 | +4500 | +2800 |
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+4000 | +5500 | +5000 |
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+4500 | +10000 | +4000 |
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+4500 | +7000 | +4000 |
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+5000 | +9000 | +5000 |
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<+5000> | +8000 | +5000 |
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+5500 | +6500 | +5000 |
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+5500 | +5500 | +5000 |
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+5500 | +4000 | +4000 |
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+5500 | +6500 | +5000 |
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+6000 | +5500 | OTB |
Odds as of 2-17-25
AL MVP odds analysis
2/17/2025: I am curious about Aaron Judge's viability in this space. His injury history is perhaps overblown, especially as he's played at least 148 games in three of the last four seasons. Still, the potential for lost time lingers, and it will be interesting to see how much — if at all — his counting stats dip with the New York Yankees ostensibly replacing Juan Soto with Cody Bellinger.
While Judge's injury risk is debatable, Mike Trout's is not, and I simply do not understand how he can be listed at +1600. Trout Is a three-time AL MVP winner with four other runner-up campaigns to his resume. However, the eventual first-ballot Hall-of-Fame outfielder hasn't played more than 120 games since 2019 (his last MVP win) and he's not getting any younger.
For ages, you could still say, "Well, whenever Trout's on the field, he's still one of the best in the game," but that wasn't really true for the 29 games he played in 2024 as he hit .220 (the same as his 40-game debut in 2011) with 10 home runs. This number simply doesn't reflect the present reality.
Finally, let's take a quick look at the newest member of the Boston Red Sox, Alex Bregman. I'm not saying you should bet on him at +6000, given his bat-speed decline of late and overall dip in offensive numbers, but Fenway Park is the perfect place for him. For his career, Bregman is hitting .375/.490/.750 with seven home runs and nine doubles in just 98 plate appearances over 21 games at Boston.
Previous AL MVP odds analysis
12/11/2024: Aaron Judge opens as the presumptive favorite to repeat as American League MVP. With Juan Soto now in the National League, one of his chief competitors for the hardware will not be challenging him. Kansas City Royals shortstop Bobby Witt Jr. put together an MVP-caliber campaign but came up a bit short due to Judge's superhuman efforts. With Judge's extensive injury history, don't be shocked if Witt jumps up early if the Yankees bopper hits the IL or slumps out of the gate. With free agency a year away, Houston Astros outfielder Kyle Tucker's name has emerged in trade rumors. It seems farfetched, but the Astros' window might be closing, and moving Tucker could go a long way toward replenishing the farm system.
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Odds to win NL MVP 2024
Player | ![]() |
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+200 | +155 | +180 |
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+550 | +550 | +500 |
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+750 | +800 | +750 |
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+1200 | +1300 | +1200 |
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+1400 | +1800 | +1400 |
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+1500 | +1400 | +1400 |
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+1600 | +2000 | +1600 |
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+1600 | +2200 | +1600 |
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+2000 | +2000 | +2000 |
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+2200 | +3300 | +2200 |
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+2200 | +4500 | +2200 |
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+2500 | +4500 | +2500 |
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+2500 | +3300 | +2500 |
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+3500 | +4000 | +3300 |
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+3500 | +3500 | +3300 |
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+4000 | +4000 | +4000 |
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+4000 | +5500 | +4000 |
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+4500 | +5000 | +4000 |
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+4500 | +6000 | +4000 |
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+5000 | +5000 | OTB |
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+5500 | +6500 | +5000 |
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+5500 | +5500 | +5000 |
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+5500 | +6000 | +5000 |
Odds as of 2-17-25.
NL MVP odds analysis
2/17/2025: Assuming health, Shohei Ohtani may just walk away with this award again. He might not pitch a full starter's workload on the mound after serving as a pure DH in 2024, but any added value as a pitcher will be factored in. So, unless he absolutely bombs as a hurler, he could be extremely difficult to catch.
That said, there is some interesting competition even beyond Juan Soto in his maiden voyage with the New York Mets.
Kyle Tucker joins the Chicago Cubs with one year remaining before free agency. He was limited to 78 games last year due to injury but was on pace for his best season if extrapolated over a full workload. In roughly half a season, he slashed .289/.408/.585 with 23 home runs and 11 stolen bases. His 180 wRC+ was a career-best and his 4.2 fWAR wasn't far off his high of 5.0 (both 2021 and 2023). His ceiling is an MVP winner, and this could be his year should Ohtani stumble.
Previous NL MVP odds analysis
12/11/2024: Shohei Ohtani became the first pure DH to win MVP as he was unanimously voted NL MVP in 2024. He will get a little extra competition in the form of New York Mets outfielder Juan Soto, who signed a 15-year, $765-million contract in Queens before the winter meetings fully got off the ground. For now, Ohtani has shorter odds and it's easy to see why. He will pitch again — though Los Angeles Dodgers manager Dave Roberts said he might not be ready for Opening Day — and if he can be effective on the mound and at the plate, he might cruise to yet another trophy. Atlanta Braves outfielder Ronald Acuna Jr. will not be ready for Opening Day, but he will still get plenty of run, assuming his recovery from a torn ACL goes smoothly. At 16/1, I'd want his odds to be a little longer before taking a flier on him.
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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 |
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2023 | ![]() |
2022 | ![]() |
2021 | ![]() |
2020 | ![]() |
2019 | ![]() |
2018 | ![]() |
2017 | ![]() |
2016 | ![]() |
2015 | ![]() |
2014 | ![]() |
Previous NL MVP winners
Year | National League Winner |
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2023 | ![]() |
2022 | ![]() |
2021 | ![]() |
2020 | ![]() |
2019 | ![]() |
2018 | ![]() |
2017 | ![]() |
2016 | ![]() |
2015 | ![]() |
2014 | ![]() |
Popular MLB futures markets
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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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MLB MVP FAQ
New York Yankees outfielder Aaron Judge is favored to win AL MVP in 2024.
Los Angeles Dodgers DH Shohei Ohtani is the betting favorite to win NL MVP.
Los Angeles Angels DH/SP Shohei Ohtani won his second AL MVP award in unanimous fashion. Corey Seager finished second in voting.
Atlanta Braves OF Ronald Acuna Jr. won the 2023 NL MVP, receiving all 30 first-place votes.
Of the 33 players to have multiple MVP trophies, Barry Bonds is far and away the leader with seven. Ten other players have won three and no one besides Bonds has won more.
AL and NL MVP awards are typically announced in mid-November after the World Series has been played. The 2023 awards were announced on November 16.
Since 1931, members of the Baseball Writer's Association of America (BBWAA) have submitted ranked ballots. Two writers from each MLB city vote for the awards in their respective league.