NFL MVP Odds 2025-26: Jackson Leads Allen, Mahomes, Burrow as Opening Favorite

Gary Pearson

Last Updated: February 10, 2025 9:22 AM EST • 4 min 27 sec read. Twitter link Google News Link

Lamar Jackson opened as the betting favorite by the 2025-26 NFL MVP odds in the hours following Josh Allen's first-ever win of the award.

Allen closed as the betting favorite for the NFL MVP Award after the regular season. However, Jackson, who's already a two-time winner, was named the first-team All-Pro quarterback. That had many expecting him to be honored for the third time, but Allen walked away with the award.

The opening NFL MVP odds at DraftKings are showing Jackson as a +500 favorite for next year. He leads fellow AFC quarterbacks Allen, Patrick Mahomes, and Joe Burrow. Jayden Daniels is the top NFC representative.

Jackson's Baltimore Ravens trail only the now defending champion Philadelphia Eagles in the 2026 Super Bowl odds.

Live NFL MVP odds 2025-26

Our live NFL MVP odds update in real time.

Here are the early ticket percentages from the betting action so far at BetMGM:

Highest ticket percentage

Jalen Hurts 13.0%
Lamar Jackson 10.7%
Jayden Daniels 10.7%

Highest handle percentage

Joe Burrow 35.3%
Jalen Hurts 11.8%
Patrick Mahomes 9.3%

NFL MVP odds favorites 2025-26

Lamar Jackson MVP odds (+500)

Jackson's All-Pro honor had many thinking he'd follow the historical trends and win his third NFL MVP despite Allen finishing the regular season as the favorite when markets were pulled following Week 18. While the Bills' playoff win over the Ravens had no impact on the voting, Allen had already done enough in the eyes of the voters despite it being Jackson's most impressive regular season to date.

The odds in this market tend to fluctuate considerably throughout the season, especially as the Ravens, Bills, and Chiefs trade wins among themselves. There's a pretty good chance of finding better NFL MVP odds for Jackson once the season gets underway.

Josh Allen MVP odds (+550)

Allen won his first NFL MVP for this past season as voters seemed to look favorably upon his work - earning the AFC's No. 2 playoff seed - with an inferior supporting cast to Jackson. The +550 odds for a repeat performance would return a $55 profit on a winning $10 bet, with an implied win probability of 15.38%.

Opening NFL MVP odds 2025-26

Here are the opening 2025-26 NFL MVP odds via DraftKings from Feb. 7.

Lamar Jackson +500
Joah 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

How to bet NFL MVP futures 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 lowest odds 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 betting history

Year	Player	Team	Position	Preseason odds
2024	Josh Allen	Bills	QB	+850
2023	Lamar Jackson	Ravens	QB	+1400
2022	Patrick Mahomes	Chiefs	QB	+800
2021	Aaron Rodgers	Packers	QB	+1100
2020	Aaron Rodgers	Packers	QB	+3000
2019	Lamar Jackson	Ravens	QB	+4000
2018	Patrick Mahomes	Chiefs	QB	+3525
2017	Tom Brady	Patriots	QB	+385
2016	Matt Ryan	Falcons	QB	+7500
2015	Cam Newton	Panthers	QB	+5200
2014	Aaron Rodgers	Packers	QB	+600

NFL MVP FAQs

Who is favored to win NFL MVP?

Baltimore Ravens QB Lamar Jackson opened as the betting favorite by the 2025 NFL MVP odds at +500. He leads Josh Allen, Patrick Mahomes, and Joe Burrow with an implied win probability of 16.67%, 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

Super Bowl Odds	NFL MVP Odds	NFL Offensive Player of the Year Odds
NFL Defensive Player of the Year Odds	NFL Offensive Rookie of the Year Odds	NFL Defensive Rookie of the Year Odds
NFL Coach of the Year Odds	NFL Comeback Player of the Year Odds	NFL Draft Odds

Here are our best NFL betting sites:

(21+. Gambling Problem? Call 1-800-GAMBLER)
* Bonuses not applicable in Ontario.

Not intended for use in MA.
Each betting site featured on SBR has been meticulously researched and selected by our team of experts. If you sign up through our links, we may get a commission.

Best Sports Betting Sites | Best Sportsbook Promos (U.S. only)

Written By:
Gary Pearson

Gary Pearson has written professionally since 2010, focusing on sports betting since 2014. Before entering the sports betting space, he contributed to the Canadian Press, FanSided, the Hockey Writers, the Calgary Herald, and other publications. His work has also been featured in Sports Illustrated and Bleacher Report. Gary, who consumes sports like a blue whale devours plankton, has a penchant for writing predictions and analyses across several sports, including hockey, soccer, football, tennis, and more. He bets regularly, preferring single-game picks, props, and live betting. While there isn't a sport he has yet to dabble in, Gary prefers betting on soccer, hockey, and football. He studied at various post-secondary institutions, including the University of Calgary, SAIT Polytechnic, and Griffith University, located in Brisbane, Australia. Gary has a marketing degree and completed his bachelor's degree in journalism at Griffith University. He feels strongly that life experience is as essential as post-secondary education, helping formulate more accurate predictions and analyses. Gary believes that competing at a high level of amateur sports during his formative years helped him better understand an athlete's psyche and the nuances and complexities of a team's dynamic, both on and off the playing surface. He feels that knowledge is immeasurably important when offering his analytical expertise. He has lived on five continents and currently resides in Canada.