2025 MLB MVP Odds: Shohei Ohtani is Coming Alive

Shohei Ohtani is riding a nine-game hitting streak where he's batting over .400 with five home runs and 10 extra-base hits. He's starting to look like the guy who won the first MVP as a DH.

Jason Wilson - Publishing Editor at Covers.com
Jason Wilson • Publishing Editor
May 12, 2025 • 12:52 ET • 5 min read
Shohei Ohtani Los Angeles Dodgers MLB
Photo By - IMAGN Images. Dodgers DH Shohei Ohtani is on one of his patented heaters.

Aaron Judge is unstoppable and his line keeps shortening in the MVP odds race.

The MLB odds aren't giving anyone much of a chance to catch him and it's easy to see why.

Let's break down the races in this week's AL & NL MVP odds.

Odds to win AL MVP 2025

Player DraftKings FanDuel bet365
Yankees Aaron Judge -2000 -1450 -1600
Royals Bobby Witt Jr. +1300 +1200 +1200
Red Sox Alex Bregman  +5000 +5000 +5000
Orioles Gunnar Henderson +7500 +9000 +8000
Mariners Cal Raleigh  +7500 +9000 +8000
Guardians Jose Ramirez +9000 +10000 +10000
Tigers Spencer Torkelson +9000 +9000 +8000
Rangers Wyatt Langford   +9000 +10000 +8000

Odds as of 5-12.

AL MVP odds analysis

Since our last update, Aaron Judge navigated a brief downturn, going just 1-for-10 across three games vs. the San Diego Padres — the lone hit, of course, was a home run) before torturing the A's in Sacramento.

Judge went 7-for-14 with two home runs, two doubles, and five RBI in the three-game set. Yes, it's only May, but he's hitting like he's prime Barry Bonds but opposing pitchers appear content in staying in the strike zone. Perhaps the most surprising aspect of Judge's young season is he's walking less often than he has since 2021.

He's also striking out less frequently than ever, putting forth some of the best batted-ball numbers of his career. He's an impossible out and I have no idea why pitchers aren't just sending him to first base.

This market is more or less dead until he slumps hard or gets hurt and I wouldn't bank on either happening any time soon.

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Odds to win NL MVP 2025

Player DraftKings FanDuel bet365
Dodgers Shohei Ohtani +170 +170 +170
Cubs Kyle Tucker +450 +650 +550
Padres Fernando Tatis Jr.   +500 +600 +550
Diamondbacks Corbin Carroll  +800 +850 +800
Mets Pete Alonso   +800 +750 +750
Dodgers Freddie Freeman +1100 +1200 +1200
Mets Juan Soto  +1300 +1200 +1200
Mets Francisco Lindor  +2500 +2200 +2500
Cubs Pete Crow-Armstrong  +3000 +5000 +4000
Padres Jackson Merrill  +3500 +3000 +3300
Phillies Kyle Schwarber   +4000 +8000 +6000
Dodgers Mookie Betts   +6500 +8000 +7500
Reds Elly De La Cruz +6500 +8000 +7000
Phillies Bryce Harper +6500 +7500 +7000
Braves Austin Riley  +8000 +7000 +7500
Pirates Oneil Cruz +9000 +10000 +10000

Odds as of 5-12.

NL MVP odds analysis

The real Shohei Ohtani has stood up. While he hadn't relinquished his status as the MVP betting favorite, the gap was tightening. Well, now he's riding a nine-game hitting streak where he's slashing .405/.500/.973 with five home runs, four doubles, a triple, and 11 RBI. And all that came on the road!

One of those homers was an emphatic blast to put the Los Angeles Dodgers on top of the Arizona Diamondbacks late.

Such a mighty wallop.

The NL race is still wildly competitive, especially when measured against the AL, but if Ohtani is in one of his patented grooves at the plate, look out. In a blink, he could be -1000 with the rest of the Senior Circuit wondering what hit them.

MVP betting splits

American League MVP

Highest Ticket%

  • Bobby Witt Jr., Royals - 20.8%
  • Julio Rodriguez, Mariners - 8.4%
  • Vladimir Guerrero Jr., Blue Jays - 7.5%

Highest Handle%

  • Bobby Witt Jr., Royals - 26.6%
  • Julio Rodriguez, Mariners - 11.9%
  • Aaron Judge, Yankees - 8.2%

Biggest Liability

  • Bobby Witt Jr., Royals

National League MVP

Highest Ticket%

  • Elly De La Cruz, Reds - 19.3%
  • Shohei Ohtani, Dodgers - 13.6%
  • Ronald Acuna Jr., Braves - 8%

Highest Handle%

  • Shohei Ohtani, Dodgers - 41.6%
  • Elly De La Cruz, Reds - 10.8%
  • Corbin Carroll, Diamondbacks - 6.6%

Biggest Liability

  • Elly De La Cruz, Reds

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 Yankees Aaron Judge
2023 Angels Shohei Ohtani
2022 Yankees Aaron Judge
2021 Angels Shohei Ohtani
2020 White Sox Jose Abreu
2019 Angels Mike Trout
2018 Red Sox Mookie Betts
2017 Astros Jose Altuve
2016 Angels Mike Trout
2015 Blue Jays Josh Donaldson

Previous NL MVP winners

Year National League Winner
2024 Dodgers Shohei Ohtani
2023 Braves Ronald Acuna Jr.
2022 Cardinals Paul Goldschmidt
2021 Phillies Bryce Harper
2020 Braves Freddie Freeman
2019 Dodgers Cody Bellinger
2018 Brewers Christian Yelich
2017 Marlins Giancarlo Stanton
2016 Cubs Kris Bryant
2015 Nationals Bryce Harper

Popular MLB futures markets

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 -6,000

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

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Jason Wilson Covers.com
Publishing Editor

Jason Wilson is an experienced journalist who has worked in a variety of roles within the industry for the past 18 years. Working at community newspapers in New Brunswick, Jason wore many hats as a reporter, editor, and photographer, covering everything from sports to courts to municipal politics. After shifting gears and working as an educator for a few years in the 2010s, Jason returned to full-time work in media as an MLB news editor for six years at theScore in Toronto before joining Covers in late 2021.

He has honed his editorial acumen over his years in the industry, showcasing flexibility, patience, and a strong work ethic. While he was relatively new to sports betting upon joining Covers, Jason has taken the plunge with gusto to learn the ins and outs of the industry, both as a method to improve professionally and to add an extra angle to his sports fandom.

In addition to sports, Jason is an avid film nut and former movie critic who monitors the Academy Awards betting odds for Covers. Jason holds a Bachelor of Arts in journalism degree and a Bachelor of Education degree from St. Thomas University.

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