Josh Allen The NFL MVP Odds Favorite But Lamar Jackson Closing The Gap

Bills QB Josh Allen saw his lead shrink on NFL MVP odds boards following a subpar outing against New England. Lamar Jackson, meanwhile, had an impressive showing against Houston.

Kyle LaRusic - Publishing Editor at Covers.com
Kyle LaRusic • Publishing Editor
Dec 26, 2024 • 10:04 ET • 4 min read
NFL MVP odds
Photo By - Kimberly P. Mitchell / USA TODAY NETWORK via Imagn Images

It's not "what have you done, it's, what have you done for me lately."? Updated NFL MVP odds still show Josh Allen (-250) as the betting favorite but Lamar Jackson (+190) is closing the Most Valuable Player gap. Allen had a subpar outing against the Patriots while Jackson impressed against the Texans.

Here are the latest NFL odds surrounding the NFL MVP with Week 17 underway.

NFL MVP odds

Here is a look at updated NFL MVP odds. Compare Most Valuable Player odds from the top sportsbooks and click on the odds to bet now. Josh Allen (-250) is the current favorite.

Player DraftKings FanDuel bet365
49ers Josh Allen -240 -250 -200
Ravens Lamar Jackson +180 +190 +160
Eagles Saquon Barkley +1400 +2000 +1400
Lions Jared Goff +3500 +2500 +3300
Bengals Joe Burrow +8000 +12000 +10000
Vikings Sam Darnold +10000 +10000 +15000
Buccaneers Patrick Mahomes +10000 +7500 +10000

NFL MVP odds are constantly in flux throughout the regular season. Here are what NFL Most Valuable Player odds looked like at the start of this season.

  • Patrick Mahomes (+500)
  • Josh Alen (+850)
  • Joe Burrow (+900)
  • Jalen Hurts (+1000)
  • CJ Stroud (+1000)
  • Jordan Love (+1400)
  • Lamar Jackson (+1600)
  • Brock Purdy (+1600)
  • Dak Prescott (+1800)
  • Aaron Rodgers (+2000)
  • Jared Goff (+2200)
  • Tua Tagovailoa (+2500)
  • Justin Herbert (+3000)
  • Matthew Stafford (+3000)
  • Trevor Lawrence (+3500)
  • Baker Mayfield (+6600)

NFL MVP betting odds favorites

Here is a look at NFL MVP betting odds favorites.

Josh Allen NFL MVP odds (-250)

The Bills quarterback separated himself from the NFL MVP odds pack with a fantastic stretch of play, but the narrative seemingly changed overnight after the Bills barely squeaked by the lowly Patriots. If you're a Josh Allen ticket holder, don't sweat. 

Division games are always typically closer, and the Bills' offensive output was simply unsustainable. With games against the Jets and Patriots left, Allen will do enough to hold down the MVP.

Lamar Jackson NFL MVP odds (+190)

Lamar Jackson has the second-lowest NFL MVP odds following a massive win over the Houston Texans. Jackson threw two more touchdowns and rushed for 87 yards. He is, by far, the biggest threat to Allen's MVP chances at this point.

Saquon Barkley NFL MVP odds (+2000)

Saquon Barkley (+1500 NFL MVP odds) got back to business after a stinker against the Steelers, rumbling for 150 yards and a score. It's too little too late for the RB, but his season should not be forgotten.

NFL MVP odds movement over time

NFL MVP predictions

Oddsmakers are telling us that if the season ended today, Josh Allen (-550) would be the NFL MVP over Lamar Jackson (+400 at bet365). 

Kyle LaRusic's NFL MVP prediction: Josh Allen

Josh Allen scoring the game-clinching touchdown against Kansas City last month propelled him to favorite status, and I think he'll stay there for the remainder of the season.

The Buffalo Bills had a much-deserved bye in Week 12, then decimated the 49ers at home, with Allen passing to himself (technically) for a touchdown. Allen also gets to pile on the stats against the Jets and Patriots to close out the season.

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Who are people betting on for NFL MVP?

The numbers are in at BetMGM, and they paint an interesting picture of the 2025 NFL MVP race.

The sportsbook is reporting Jared Goff is generating the highest ticket percentage at 12.1%. The highest handle percentage, meanwhile, belongs to Josh Allen at 17.7%. BetMGM lists Goff as its biggest liability at this point in the season.


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NFL MVP winners by position

Position NFL MVP Awards
Quarterback 47
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
Packers Green Bay Packers 10
Colts Indianapolis Colts 8
49ers San Francisco 49ers 5
Browns Cleveland Browns 4
Rams Los Angeles Rams 4
Raiders Las Vegas Raiders 4
Patriots New England Patriots 3
Commanders Washington Commanders 3
Chiefs Kansas City Chiefs 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
Ravens Lamar Jackson 2023 +1,600
Chiefs Patrick Mahomes 2022 +700
Jets Aaron Rodgers 2021 +800
Jets Aaron Rodgers 2020 +3,000
Ravens Lamar Jackson 2019 +4,000
Chiefs Patrick Mahomes 2018 +3,525
Dolphins Tom Brady 2017 +385
Cowboys Matt Ryan 2016 +7,500
Cowboys Cam Newton 2015 +5,200
Jets Aaron Rodgers 2014 +600

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

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Kyle LaRusic - Covers
Publishing Editor

Kyle LaRusic joined Covers in 2020 with a Holland College diploma in Journalism and a Mount Saint Vincent Degree in Public Relations. Stints at Amherst News and the Cape Breton Post helped sharpen his skills in a newsroom setting, while working for MSVU and Dalhousie’s athletic departments landed Kyle in his comfort zone.

Kyle has been an avid bettor for over five years, starting with just one Sports Interaction account before discovering both the beauty and importance of price shopping. bet365 and Pinnacle are his go to books, but accounts at 10+ sportsbooks give him an array of options. “Rusty” will bet on anything under the sun as long as there’s value and good reasoning behind it, but NHL and NFL are his two favorite leagues to watch and wager on — especially with friends.

Kyle’s biggest tip for any bettor is simple: gamble responsibly. Only bet what you’re willing to lose and make sure to install a proper bankroll method to keep track of your ROI. If you’re still dwelling on the amount you lost the next day, it’s time to decrease your spending.

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