With Major League Baseball on a brief stoppage due to All-Star Game festivities, let's take a look and see where MLB MVP odds stand.
Aaron Judge and Shohei Ohtani are still runaway MLB odds leaders, but Cal Raleigh and Pete Crow-Armstrong, respectively, are hanging around the conversation.
Let's break down the races in this week's AL & NL MVP odds.
Odds to win AL MVP 2025
| Player |  |
 |
 |
|---|---|---|---|
 Aaron Judge |
-650 | -600 | -600 |
 Cal Raleigh |
+370 | +360 | +400 |
 Tarik Skubal |
+8000 | +9000 | +8000 |
| Riley Greene |
+10000 | +12000 | +10000 |
 Ceddanne Rafaela |
+10000 | +12000 | OTB |
 Bobby Witt Jr. |
+10000 | +12000 | +10000 |
 Jose Ramirez |
+12000 | +12000 | +10000 |
Odds last updated on 7-15.
AL MVP odds analysis
Aaron Judge and Cal Raleigh appear to be the only two logical options for AL MVP at the moment, as both players are +400 or shorter (and in Judge's case, way shorter).
While it won't contribute to his MVP chances, Raleigh capped off his incredible first half by winning the 2025 Home Run Derby, something he's dreamed about since childhood.
Cal Raleigh's #HRDerby by the numbers:
— MLB (@MLB) July 15, 2025
Total HR: 54
HR of 425+: 31
Top distance: 471 ft
Avg distance: 430 ft
Total distance: 23,212 ft
Top exit velo: 112 MPH
Avg exit velo: 102 MPH pic.twitter.com/0pV6nGWLsA
While Ceddanne Rafaela likely won't emerge as the eventual AL MVP, his inclusion on the odds board is worth noting. He is possibly the best defensive center fielder in baseball. That sort of fielding prowess was never really in question. His bat, though, had question marks.
Well, he's quelled those concerns, at least for now, by slashing .271/.314/.483 with 14 home runs and 13 stolen bases in 92 games. Rafaela likely didn't want the All-Star break to arrive, as he was hitting an absurd .390 with five home runs in 11 July games before play ceased.
CEDDANNE RAFAELA WILL NOT BE STOPPED. pic.twitter.com/HGPtapVu82
— Red Sox (@RedSox) July 13, 2025
Odds to win NL MVP 2025
| Player | |
|
|
|---|---|---|---|
 Shohei Ohtani |
-1100 | -800 | -1000 |
 Pete Crow-Armstrong |
+700 | +700 | +700 |
 Juan Soto |
+2000 | +1700 | +1800 |
| Kyle Tucker |
+5000 | +5000 | +5000 |
 Ketel Marte |
+6000 | +6000 | +6000 |
 James Wood |
+6000 | +6000 | +6000 |
| Pete Alonso |
+6500 | +6000 | +6500 |
 Ronald Acuna Jr. |
+6500 | +8500 | +7500 |
| Francisco Lindor |
+6500 | +6000 | +6000 |
| Freddie Freeman |
+6500 | +6000 | +6500 |
Odds last updated on 7-15.
NL MVP odds analysis
Pete Crow-Armstrong continues to maintain his offensive production well into the dog days of the 2025 season. In 12 July games, PCA is slashing .286/.327/.592 with four of his 25 home runs. His 27 stolen bases trail only Jose Ramirez and Oneil Cruz, and he's striking out in fewer than 23% of his plate appearances.
He measures up to Shohei Ohtani remarkably well. The Los Angeles Dodgers' two-way star boasts more power and a better on-base percentage, but PCA plays elite defense while Ohtani is firmly a DH...except when he's pitching.
But the Dodgers are (understandably) taking things slowly with Ohtani on the mound, limiting his innings through five appearances. However, he pitched a season-high three innings in his last appearance before the All-Star break, striking out four while allowing one hit and one walk.
This potential, combined with Ohtani's vaunted track record, is contributing to the gap between him and Crow-Armstrong. If Ohtani continues to ramp up through the second half, any PCA gains will ultimately be moot.
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MVP betting splits
American League MVP
Highest Ticket%
- Bobby Witt Jr., Royals - 20.9%
- Cal Raleigh, Mariners - 11%
- Tarik Skubal, Tigers - 6.9%
Highest Handle%
- Cal Raleigh, Mariners - 33%
- Bobby Witt Jr., Royals - 17.5%
- Aaron Judge, Yankees - 9%
Biggest Liability
- Cal Raleigh, Mariners
National League MVP
Highest Ticket%
- Elly De La Cruz, Reds - 12.4%
- Pete Crow-Armstrong, Cubs - 11.9%
- Shohei Ohtani, Dodgers - 11.4%
Highest Handle%
- Shohei Ohtani, Dodgers - 38.9%
- Juan Soto, Mets - 8.1%
- Pete Crow-Armstrong, Cubs - 8%
Biggest Liability
- Pete Crow-Armstrong, Cubs
Data courtesy of BetMGM.
Previous MVP winners
Here are the last 10 winners of the AL and NL MVP Award, with Shohei Ohtani leading the way as a three-time winner. Bryce Harper has won twice with two different teams and Miguel Cabrera was the last player to win back-to-back MVP awards (2012-13). Barry Bonds holds the record for most MVP awards (seven)
The New York Yankees have won the most MVPs in MLB history with 24 while the St. Louis Cardinals are second, leading all NL teams, with 21. No player for the Arizona Diamondbacks, New York Mets, or Tampa Bay Rays has ever won MVP.
Previous AL MVP winners
| Year | American League Winner |
|---|---|
| 2024 | Aaron Judge |
| 2023 |  Shohei Ohtani |
| 2022 | Aaron Judge |
| 2021 | Shohei Ohtani |
| 2020 |  Jose Abreu |
| 2019 | Mike Trout |
| 2018 | Mookie Betts |
| 2017 |  Jose Altuve |
| 2016 | Mike Trout |
| 2015 |  Josh Donaldson |
Previous NL MVP winners
| Year | National League Winner |
|---|---|
| 2024 | Shohei Ohtani |
| 2023 | Ronald Acuna Jr. |
| 2022 |  Paul Goldschmidt |
| 2021 |  Bryce Harper |
| 2020 | Freddie Freeman |
| 2019 | Cody Bellinger |
| 2018 |  Christian Yelich |
| 2017 |  Giancarlo Stanton |
| 2016 | Kris Bryant |
| 2015 | Bryce Harper |
Popular MLB futures markets
- MLB World Series odds
- MLB Cy Young odds
- MLB Rookie of the Year odds
- MLB playoff odds
- MLB HR title odds
MLB MVP odds explained
Most sportsbooks will display odds in the American format as listed above. When Goldschmidt ran away with the MVP award in 2022 his odds had a minus (-) sign ahead of the number for a large part of the season.
- Paul Goldschmidt -6000
That means that a bettor in August had to wager $6,000 to win $100 by betting on Goldy to win MVP. Before the season starts, almost every player will have a plus (+) sign ahead of their odds.
- Shohei Ohtani +200
That means a bettor would have profited $200 for a $100 wager on Ohtani before the season started.
If American odds aren't your thing, simply use a tool like our odds converter to switch the odds to decimal or fractional format. Most online sportsbooks also give you the option to change the odds format that you see.
MLB MVP FAQ
New York Yankees outfielder Aaron Judge is favored by shorter than even money across the board.
Los Angeles Dodgers DH Shohei Ohtani is the betting favorite to win NL MVP.
New York Yankees outfielder Aaron Judge won his second AL MVP trophy after hitting 58 home runs with a .322/.48/.701 slash line.
Los Angeles Dodgers slugger Shohei Ohtani became the first pure DH in MLB history to win an MVP.
Of the 33 players to have multiple MVP trophies, Barry Bonds is far and away the leader with seven. Ten other players have won three and no one besides Bonds has won more.
AL and NL MVP awards are typically announced in mid-November after the World Series has been played. The 2023 awards were announced on November 16.
Since 1931, members of the Baseball Writer's Association of America (BBWAA) have submitted ranked ballots. Two writers from each MLB city vote for the awards in their respective league.
