NFL MVP Odds & Favorites 2025-26: Can Jackson Win Award for 3rd Time?
Lamar Jackson finished second last year in one of the closest NFL MVP races of all time, but the early NFL MVP odds have the two-time winner favored entering the 2025-26 season.
Jackson opened as the favorite mere hours after Josh Allen won the first MVP of his career, which came after the former earned first-team All-Pro honors. Those two have the shortest odds across our best sports betting sites with Patrick Mahomes, Joe Burrow, and Jayden Daniels close behind.
📊 Live NFL MVP odds
Live 2025-26 NFL MVP odds via our best sports betting apps; odds update in real time.
🏆 NFL MVP betting favorites
Here's a look at the early NFL MVP favorites ahead of the 2025 regular season. Only five players have odds shorter than 20/1 across all of our best sportsbooks - all of them finished in the top seven in voting last year.
🏈 Lamar Jackson (+550)
Even after posting the best season of his record-setting career, Jackson finished second in MVP voting last year despite being voted to the first team by the same All-Pro voters who ultimately handed out the MVP trophy.
It didn't make a ton of sense for Jackson to get slighted last year after recording one of the best seasons by a quarterback in NFL history. The Ravens star threw for 4,172 yards with 41 touchdowns and just four interceptions, leading the league in passer rating (119.6), QBR (77.3), and yards per attempt (8.8).
Those numbers - along with his 915 rushing yards on a league-best 6.6 yards per carry - weren't enough to convince the 27 voters who had Allen as their MVP winner. The Ravens own the second-shortest Super Bowl odds entering 2025, and another sterling season from Jackson should put him in contention for another MVP this year if Baltimore proves worthy of the preseason hype.
📊 Best odds: +550 via DraftKings | Implied probability: 15.38%
🏈 Josh Allen (+650)
It felt like only a matter of time before Allen secured his first MVP award, and he made it tough for voters to deny him that elusive hardware last year with his highlight-reel moments and efficient play under center.
He'll face a much tougher task this year in his quest to become the first repeat winner since Aaron Rodgers (2020-21) and just the third such player this century. We saw that last year, when Jackson had a more convincing statistical argument - as the All-Pro teams confirmed - but was discounted in the MVP race as the reigning award winner.
Still, Allen is clearly one of the three best quarterbacks on the planet, so don't expect to see his odds lengthen much more than this throughout the season. If he's healthy and the Bills are winning games, he'll be in the mix by the end.
📊 Best odds: +650 via Caesars | Implied probability: 13.33%
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🏈 Patrick Mahomes (+750)
Mahomes opened as the MVP favorite last season, and he remained one of the favorites until the final few weeks despite posting some of the worst numbers of his career.
A depleted receiving corps didn't do any favors for Mahomes, who finished with fewer than 4,000 passing yards for the first time in his seven years as a starter. He still managed seven game-winning drives for the 15-1 Chiefs, which was enough to support a sixth-place finish for the two-time winner.
It's tempting to throw those stats out the window from last year, though Kansas City clearly seems comfortable playing the long game with its eyes on the Lombardi Trophy every year - not stat-padding or lopsided wins. Still, we know what Mahomes is capable of, which makes him a tempting bet at these odds.
📊 Best odds: +750 via bet365 | Implied probability: 11.76%
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🏈 Joe Burrow (+750)
It feels like Burrow is in a similar spot in his career to Allen from a season ago. He's clearly one of the best quarterbacks in the league, even if the Bengals' overall roster talent has prevented them from going all the way.
If not for Cincinnati's wretched defense, Burrow might have had a legitimate shot to win MVP last year - he led the league with 4,918 passing yards and 43 touchdowns while completing a career-best 70.6% of his passes. That completion rate would have led the league in three of the last four seasons.
With star wideouts Ja'Marr Chase and Tee Higgins back for another season, there's no reason Burrow can't post similar marks this year for a team that invested resources to improve its defense over the offseason. If he does, the narrative bump that carried Allen last year could be coming Burrow's way.
📊 Best odds: +750 via BetMGM | Implied probability: 11.76%
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🏈 Jayden Daniels (+900)
On the surface, this feels like too hefty of a price to charge for a second-year passer. In reality, this could be a bargain given how prolific Daniels was as a rookie.
In his first season with the Commanders, the former No. 2 pick exceeded even the loftiest expectations - completing 69% of his passes for 3,568 yards and 25 touchdowns to just nine interceptions. He was also a force in the run game, tallying 891 yards and six touchdowns with a whopping 55 first downs.
The sky is the limit for one of the game's most transcendent stars, though he'll likely need to build on last year's stats in a big way to have a legitimate chance to compete for this award. That feels like a tall order ... but we've learned better than to doubt Daniels at this point.
📊 Best odds: +900 via ESPN BET | Implied probability: 10%
🔢 NFL MVP opening odds
Here are the opening 2025-26 NFL MVP odds via DraftKings from Feb. 7.
- 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
- Baker Mayfield, +2500
- Kyler Murray, +2500
- Jalen Hurts, +2500
- Caleb Williams, +2800
- Jared Goff, +2800
- Dak Prescott, +3000
- Brock Purdy, +3500
- Bo Nix, +3500
- Tua Tagovailoa, +4000
- Matthew Stafford, +4000
- Drake Maye, +4500
- Trevor Lawrence, +4500
- Aaron Rodgers, +5000
- Saquon Barkley, +6000
- Sam Darnold, +6000
- Michael Penix Jr., +6000
- Bryce Young, +7000
- Jahmyr Gibbs, +7500
- Derrick Henry, +10000
- Christian McCaffrey, +10000
- Cam Ward, +10000
- Russell Wilson, +10000
- Bijan Robinson, +10000
- Anthony Richardson, +10000
💰 NFL MVP betting history
Here's a look at the last 10 NFL MVP winners, along with their preseason odds to win the award. The last four winners have all opened with shorter than 15/1 odds, which followed a three-year streak of long shots winning MVP honors.
| Year | Player | Team | Preseason odds |
|---|---|---|---|
| 2024 | Josh Allen, QB | Bills | +850 |
| 2023 | Lamar Jackson, QB | Ravens | +1400 |
| 2022 | Patrick Mahomes, QB | Chiefs | +800 |
| 2021 | Aaron Rodgers, QB | Packers | +1100 |
| 2020 | Aaron Rodgers, QB | Packers | +3000 |
| 2019 | Lamar Jackson, QB | Ravens | +4000 |
| 2018 | Patrick Mahomes, QB | Chiefs | +3525 |
| 2017 | Tom Brady, QB | Patriots | +385 |
| 2016 | Matt Ryan, QB | Falcons | +7500 |
| 2015 | Cam Newton, QB | Panthers | +5200 |
💡 How to bet NFL MVP odds
Betting on the NFL MVP typically involves wagering on which player will be awarded the league's MVP title at the end of the regular season. Here are steps to bet on the NFL MVP:
- Understand the odds: Familiarize yourself with the odds listed by sportsbooks for different players to win the MVP. The player with the shortest odds (smaller = shorter) is considered the favorite.
- Research player performances: Analyze the performances of various players throughout the season. Factors such as statistics, impact on their team's success, and overall contributions are crucial. Consider quarterbacks, running backs, wide receivers, or even defensive players who might be having outstanding seasons.
- Monitor odds and player performance: Throughout the season, keep an eye on odds fluctuations and player performances. As the season progresses, odds will change based on players' performances and their impact on games.
- Stay updated: Stay informed about injuries, team performance, and how players are faring in their respective positions. These factors can significantly impact a player's chances of winning the MVP.
- Cash-out or hold: Depending on how the season progresses and the player's performance, you can decide to cash out if the odds are in your favor or hold onto your bet until the end of the season to see if your chosen player wins the MVP.
Remember, betting on the NFL MVP requires careful consideration of various factors and a good understanding of the game and players' performances throughout the season.
🔎 How to read NFL MVP odds
Reading NFL MVP odds is straightforward. Odds are usually presented in a format like +500 or -200. Positive odds (e.g., +500) show how much profit you’d make on a $100 bet.
For example, a $100 bet at +500 odds would win you $500, plus your original $100 stake, totaling $600. Negative odds (e.g., -200) indicate how much you need to bet to win $100. So, a $200 bet at -200 odds would win you $100, plus your $200 stake, totaling $300.
These odds also reflect the probability of a team winning the championship. Lower odds (e.g., +300) suggest a higher likelihood, while higher odds (e.g., +2000) indicate a lower probability. Sportsbooks adjust these odds based on performance, injuries, trades, and betting patterns.
If Patrick Mahomes gets +500 odds and Josh Allen gets +1000, Mahomes is considered more likely to win. If you bet $100 on Mahomes and he wins, you’d get $600 back ($500 profit + $100 stake). Understanding these odds helps you make informed betting decisions and assess potential returns.
❓ NFL MVP FAQs
Who is favored to win NFL MVP?
Baltimore Ravens QB Lamar Jackson is the betting favorite to win 2025 NFL MVP with +550 odds. He leads Josh Allen, Patrick Mahomes, Joe Burrow, and Jayden Daniels with an implied win probability of 15.38%, according to our odds calculator.
When will the 2025-26 NFL MVP be announced?
The 2025-26 NFL MVP will likely be announced on the Thursday ahead of the 2026 Super Bowl at NFL Honors.
Who was the NFL MVP last year?
Buffalo Bills QB Josh Allen was crowned the NFL MVP for the first time after closing as the betting favorite in the regular season.
Who has the most NFL MVP awards in history?
Former quarterback Peyton Manning has won five NFL MVP awards. He captured four with the Indianapolis Colts (2003, 2004, 2008, 2009) and one with the Denver Broncos (2013).
Who was the last back-to-back MVP winner?
Aaron Rodgers won back-to-back MVPs in 2020 and 2021.
Has anyone won consecutive MVPs more than once?
Peyton Manning won consecutive MVP awards twice, in 2003 and 2004 and again in 2008 and 2009.
Has anyone won three straight MVPs?
No player has won the MVP in three successive seasons.
🏟️ NFL betting odds pages
Here are some of our other NFL betting odds pages to help you with your NFL futures ahead of the 2025-26 NFL season. Don't miss our guide on how to bet on the NFL.
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