Voters awarded Josh Allen the first MVP award of his career despite Lamar Jackson's better overall stats.
NFL MVP odds were a two-man race between the two superstar quarterbacks by the end of the regular season, and early odds indicate both will be in the running to win next campaign.
Here are the latest NFL odds surrounding the NFL MVP for the 2025-26 season.
NFL MVP odds
Here is a look at updated NFL MVP odds. Compare Most Valuable Player odds from the top sportsbooks. Lamar Jackson (+550) is the betting favorite.
| Player |  |
|---|---|
 Lamar Jackson |
+500 |
 Josh Allen |
+550 |
 Patrick Mahomes |
+750 |
 Joe Burrow |
+750 |
 Jayden Daniels |
+1000 |
 Justin Herbert |
+2000 |
 Jordan Love |
+2200 |
 C.J. Stroud |
+2500 |
NFL MVP betting odds favorites
Here is a look at NFL MVP betting odds favorites.
Lamar Jackson NFL MVP odds (+500)
Some people will argue that Lamar should be going for his third straight MVP trophy next season, but here we are.
Jackson likely would have won MVP if not for the narrative around Josh Allen, as the Ravens' QB threw for 4000+ yards and 40+ touchdowns with only four interceptions. And that's just what the mobile QB did with his arm.
Any season Jackson can stay healthy he'll be in the MVP mix, so it's no surprise he's the early favorite.
Josh Allen NFL MVP odds (+550)
Congratulations to Josh Allen, who opened as a +550 favorite to defend his MVP Trophy. Allen was still able to lead the Bills to an AFC East title after losing his top receivers, totaling 40 touchdowns through the air and on the ground.
You might not like Allen, but after this season, you have to respect him. The oddsmakers sure do.
Patrick Mahomes NFL MVP odds (+750)
Life must be sweet for Patrick Mahomes. Even after a season that saw him finish outside the Top 5 in both passing yards and touchdowns, the Chiefs' cornerstone sits in the Top 3 to win MVP next year. It pays off to be the best QB in the world!
Joe Burrow NFL MVP odds (+750)
Poor Joe Burrow did all he could this season, but he was left with no MVP trophy and no playoff berth despite pacing the NFL in passing yards and passing TDs. If his play can result in Bengals' wins next season, this award could be Burrow's to lose.
NFL MVP odds movement over time
Odds movement for the 2024-25 NFL MVP award.
NFL MVP predictions
Oddsmakers are telling us Lamar Jackson has the best chance to reclaim MVP honors at +500, but Josh Allen (+550) isn't very far behind.
Kyle LaRusic's NFL MVP prediction: Joe Burrow
It's hard to pass up taking Joe Burrow at odds of +750. If Cincy can put a competent team together around Burrow and win more than lose, we could see the former LSU standout flourish next season — this time with a winning record.
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Popular NFL futures markets
NFL MVP winners by position
| Position | NFL MVP Awards |
|---|---|
| Quarterback | 48 |
| Running back | 13 |
| Fullback | 4 |
| Halfback | 1 |
| Kicker | 1 |
| Defensive tackle | 1 |
| Linebacker | 1 |
Offensive players have dominated the NFL MVP Award since its inception. Alan Page (1971) and Lawrence Taylor (1986) are the only defensive players to receive the honor since 1957.
NFL MVP winners by team
| Team | NFL MVP Awards |
|---|---|
| Green Bay Packers |
10 |
 Indianapolis Colts |
8 |
 San Francisco 49ers |
5 |
 Cleveland Browns |
4 |
 Los Angeles Rams |
4 |
 Las Vegas Raiders |
4 |
 New England Patriots |
3 |
| Washington Commanders |
3 |
| Kansas City Chiefs |
3 |
| Buffalo Bills |
3 |
The rest of the league has a way to go before catching up with the Packers. Green Bay's 10 NFL MVP trophies are split among Paul Hornung (1961), Jim Taylor (1962), Bart Starr (1966), Brett Favre (1995, 1996, 1997), and Aaron Rodgers (2011, 2014, 2020, 2021).
Former NFL MVP winners
| Player | Year | Opening Odds |
|---|---|---|
| Josh Allen |
2024 | +850 |
| Lamar Jackson |
2023 | +1600 |
| Patrick Mahomes |
2022 | +700 |
| Aaron Rodgers |
2021 | +800 |
| Aaron Rodgers |
2020 | +3000 |
| Lamar Jackson |
2019 | +4000 |
| Patrick Mahomes |
2018 | +3525 |
| Tom Brady |
2017 | +385 |
 Matt Ryan |
2016 | +7500 |
 Cam Newton |
2015 | +5200 |
Listed above are the last 10 winners of the NFL MVP award, with Aaron Rodgers claiming three of them while on the Green Bay Packers.
NFL MVP Odds FAQs
Baltimore Ravens quarterback Lamar Jackson is the early betting favorite to win the 2025-26 NFL MVP award.
Josh Allen won the NFL MVP award in 2024-25 after leading the Buffalo Bills to yet another AFC East title.
Running back Adrian Peterson won the NFL MVP award in 2012 as a member of the Minnesota Vikings.
While it's rare, a defensive player can win the MVP. The most famous example is linebacker Lawrence Taylor, who won in 1986. However, offensive players, particularly quarterbacks, typically dominate the award.
Who Decides the NFL MVP Winner? The winner is determined by a vote from 50 sportswriters, broadcasters, and former players from each of the 32 NFL cities. Additionally, fans can submit votes via an online ballot. The player with the most points wins the award.
Yes, you can place multiple bets on different players for the MVP award, though your potential payout will depend on the odds at the time of your bet and the likelihood of each player's performance.
In the event of a tie, the NFL MVP will typically be awarded to multiple players, although this has only happened a few times in league history. Betting sites usually clarify the rules for tied outcomes in their terms and conditions.
A longshot MVP bet is a wager on a player who is considered an unlikely winner of the MVP award. These bets often have high odds, which means a larger payout if the player somehow wins.
