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New York Yankees center fielder Aaron Judge hits a double against the Minnesota Twins, and he headlines the latest MLB MVP odds.
New York Yankees center fielder Aaron Judge hits a double against the Minnesota Twins. Photo by Brad Penner/USA TODAY Sports.

Aaron Judge and Shohei Ohtani ended the 2024 MLB regular season as the runaway favorites in their respective MVP markets at our best MLB betting sites, and they both won unanimously.

Judge was joined as an American League MVP finalists by his New York Yankees teammate Juan Soto, and Kansas City Royals shortstop Bobby Witt Jr. The latter was unanimously voted as the second-place finisher following a spectacular season.

In the NL, Ohtani was joined by New York Mets superstar shortstop Francisco Lindor and Arizona Diamondbacks second baseman Ketel Marte. Lindor earned 23 of 30 second-place votes.

It was never really close when Ohtani and Judge got going, and the voting reflected that.

Odds to win AL MVP 2025

We'll add the odds for the 2025 AL MVP Award once our best sports betting sites begin to list prices.

AL MVP odds analysis

Nov. 22, 2024: Judge might have been shockingly bad during the playoffs, but this was a regular-season award, and he was the best player in baseball this year.

Judge led the league with 58 homers and 11.2 fWAR, among various other major statistical categories. He helped his Yankees win the AL East and was, of course, very deserving of this award.

Witt enjoyed a fantastic season in his own right, and it'll go down as one of the best second-place performances of all time. He was one of just three players in MLB to go 30-30 this year, and he earned a Gold Glove for his incredible defensive work.

Meanwhile, Soto put together his best season of an already-iconic career, and now we turn our attention to the Juan Soto next team odds.

Odds to win NL MVP 2025

We'll add the odds for the 2025 NL MVP Award once our best sports betting apps begin to list prices.  

NL MVP odds analysis

Nov. 22, 2024: What more is there to say about Ohtani?

The megastar became the first player in MLB history to go 50-50, leading the NL in fWAR despite not playing a position. He helped his Los Angeles Dodgers win the World Series during his first season with the team, capping off a historic campaign.

Lindor and Marte posted impressive seasons in their own right. But Ohtani became a true runaway favorite once he started to march toward 40-40, and then, absurdly, to 50-50.

The Mets shortstop finished one steal shy of his own 30-30 campaign, and his second-half resurgence was one of the main reasons New York made the postseason.

Marte still finished fourth in fWAR in the NL despite playing in only 136 games, setting a career-high with 36 homers.

Past MLB MVP winners

Past AL MVP winners

YearNameTeamPositionPreseason odds
2024 Aaron JudgeYankeesOF+550
2023Shohei OhtaniAngels DH/SP+200
2022Aaron JudgeYankeesOF+2000
2021Shohei OhtaniAngelsDH/SP+3000
2020Jose AbreuWhite Sox1BOFF
2019Mike TroutAngelsOF+125
2018Mookie BettsRed SoxOF+2500
2017Jose AltuveAstros2B+1200
2016Mike TroutAngelsOF+160
2015Josh DonaldsonBlue Jays3B+1600

Past NL MVP winners

YearNameTeamPositionPreseason odds
2024Shohei OhtaniDodgersDH+900
2023Ronald Acuna Jr.BravesOF+900
2022Paul GoldschmidtCardinals1B+6600
2021Bryce HarperPhilliesOF+1700
2020Freddie FreemanBraves1B+2500
2019Cody BellingerDodgersOF+3000
2018Christian YelichBrewersOF+15000
2017Giancarlo StantonMarlinsOF+4500
2016Kris BryantCubs3B/OF+1000
2015Bryce HarperNationalsOF+2000

How to bet on MLB MVP

First, choose a reputable sportsbook offering MLB MVP futures. Check the odds for various players. For instance, if Aaron Judge has +400 odds and Gunnar Henderson has +800, Judge is favored to win.

Place your bet by deciding how much to wager. If you bet $100 on Judge at +400 and he wins, you’ll get $500 back ($400 profit + $100 stake). Keep an eye on player performances throughout the season to see how your bet is shaping up.

Remember, future markets always see plenty of movement. It’s all about performance and perception. If a player performs exceptionally well or poorly, their odds will shift. Injuries to the player or their competitors can also significantly impact their MVP chances. The success of the player’s team can improve their odds as well.

Public betting trends play a role; if many people are betting on one player, sportsbooks might adjust the odds to balance their risk.

Expert analysis and predictions can also influence how people bet, which in turn affects the odds.

How to read MLB MVP odds

Odds are typically shown in a format like +400 or -150. Positive odds (e.g., +400) indicate how much profit you'd make on a $100 bet.

For example, a $100 bet at +400 odds would win you $400, plus your original $100 stake, totaling $500. Negative odds (e.g., -150) show how much you need to bet to win $100. So, a $150 bet at -150 odds would win you $100, plus your $150 stake, totaling $250.

These odds also reflect the implied probability of a player winning the MVP award. Lower odds (e.g., +200) suggest a higher likelihood of winning, while higher odds (e.g., +1000) indicate a lower likelihood.

For example, if Shohei Ohtani has +400 odds and Freddie Freeman has +800 odds, Ohtani is considered more likely to win. If you bet $100 on Ohtani and he wins, you'd get $500 back ($400 profit + $100 stake).

Sportsbooks adjust these odds based on factors like player performance, injuries, team success, and betting patterns. Understanding the odds helps you make informed betting decisions and assess potential returns.

MLB MVP FAQs

Who are the MLB MVP favorites?

Los Angeles Dodgers slugger Shohei Ohtani closed as the favorite in the National League, while Aaron Judge of the New York Yankees was the front-runner in the American League.

Who won the MLB MVP Awards last year?

Los Angeles Dodgers designated hitter Shohei Ohtani won his third MVP award and first in the National League.

In the American League, New York Yankees outfielder Aaron Judge won for the second time.

When will the MLB MVP Awards be decided?

The winners of the 2024 MLB MVP Awards were announced on Thursday, Nov. 21.

Who has won the most MVP awards?

Barry Bonds' seven career MVP awards are the most in MLB history. No one else has won more than three, with 10 players tied at that number.

MLB betting odds pages

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