NFL MVP Odds: Lamar Jackson and Josh Allen the Betting Favorites

Josh Allen and Lamar Jackson have won the past two NFL MVP awards and are favorites for this coming season.

Kyle LaRusic - Publishing Editor at Covers.com
Kyle LaRusic • Publishing Editor
Feb 23, 2025 • 10:49 ET • 4 min read
NFL MVP odds
Photo By - Imagn Images. Buffalo Bills quarterback Josh Allen (17) meets Baltimore Ravens quarterback Lamar Jackson (8) at mid-field.

The past two NFL Most Valuable Player awards have gone to Josh Allen and Lamar Jackson. Next season NFL MVP odds show Allen and Jackson as the betting favorites. The Bills QB and Ravens QB both have a +550 price to win.

Here are the latest NFL odds surrounding the NFL MVP for the 2025-26 season.

NFL MVP odds

Here is a look at updated NFL MVP odds. Compare Most Valuable Player odds from the top sportsbooks. Lamar Jackson (+550) and Josh Allen (+550) are the betting favorites.

Player DraftKings FanDuel
Ravens Lamar Jackson +550 +450
49ers Josh Allen +550 +550
Bengals Joe Burrow +650 +650
Chiefs Patrick Mahomes +750 +800
Commanders Jayden Daniels +900 +950
Eagles Jalen Hurts +1700 +1700
Chargers Justin Herbert +1800 +1800
Packers Jordan Love +2200 +3000

NFL MVP opening odds

Here is a look at NFL MVP opening odds. Lamar Jackson (+550) and Josh Allen (+550) opened as the betting favorites. 

  • Lamar Jackson (+550)
  • Josh Allen (+550)
  • Joe Burrow (+650)
  • Patrick Mahomes (+750)
  • Jayden Daniels (+900)
  • Jalen Hurts (+1700)
  • Justin Herbert (+1800)
  • Jordan Love (+220)
  • CJ Stroud (+2500)
  • Baker Mayfield (+2500)
  • Caleb Williams (+2800)
  • Kyler Murray (+2800)
  • Jared Goff (+3000)
  • Dak Prescott (+3500)
  • Brock Purdy (+3500)
  • Bo Nix (+3500)
  • Drake Maye (+4500)
  • Trevor Lawrence (+4500)

NFL MVP betting odds favorites

Here is a look at NFL MVP betting odds favorites.

Lamar Jackson NFL MVP odds (+500)

Some people will argue that Lamar should be going for his third straight MVP trophy next season, but here we are.

Jackson likely would have won MVP if not for the narrative around Josh Allen, as the Ravens' QB threw for 4000+ yards and 40+ touchdowns with only four interceptions. And that's just what the mobile QB did with his arm.

Any season Jackson can stay healthy he'll be in the MVP mix, so it's no surprise he's the early favorite.

Josh Allen NFL MVP odds (+550)

Congratulations to Josh Allen, who opened as a +550 favorite to defend his MVP Trophy. Allen was still able to lead the Bills to an AFC East title after losing his top receivers, totaling 40 touchdowns through the air and on the ground.

You might not like Allen, but after this season, you have to respect him. The oddsmakers sure do.

Patrick Mahomes NFL MVP odds (+750)

Life must be sweet for Patrick Mahomes. Even after a season that saw him finish outside the Top 5 in both passing yards and touchdowns, the Chiefs' cornerstone sits in the Top 3 to win MVP next year. It pays off to be the best QB in the world!

Joe Burrow NFL MVP odds (+750)

Poor Joe Burrow did all he could this season, but he was left with no MVP trophy and no playoff berth despite pacing the NFL in passing yards and passing TDs. If his play can result in Bengals' wins next season, this award could be Burrow's to lose.

NFL MVP odds movement over time

Odds movement for the 2024-25 NFL MVP award.

NFL MVP predictions

Oddsmakers are telling us Lamar Jackson has the best chance to reclaim MVP honors at +500, but Josh Allen (+550) isn't very far behind.

Kyle LaRusic's NFL MVP prediction: Joe Burrow

It's hard to pass up taking Joe Burrow at odds of +750. If Cincy can put a competent team together around Burrow and win more than lose, we could see the former LSU standout flourish next season — this time with a winning record.

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NFL MVP winners by position

Position NFL MVP Awards
Quarterback 48
Running back 13
Fullback 4
Halfback 1
Kicker 1
Defensive tackle 1
Linebacker 1

Offensive players have dominated the NFL MVP Award since its inception. Alan Page (1971) and Lawrence Taylor (1986) are the only defensive players to receive the honor since 1957.

NFL MVP winners by team

Team NFL MVP Awards
Packers Green Bay Packers 10
Colts Indianapolis Colts 8
49ers San Francisco 49ers 5
Browns Cleveland Browns 4
Rams Los Angeles Rams 4
Raiders Las Vegas Raiders 4
Patriots New England Patriots 3
Commanders Washington Commanders 3
Chiefs Kansas City Chiefs 3
Bills Buffalo Bills 3

The rest of the league has a way to go before catching up with the Packers. Green Bay's 10 NFL MVP trophies are split among Paul Hornung (1961), Jim Taylor (1962), Bart Starr (1966), Brett Favre (1995, 1996, 1997), and Aaron Rodgers (2011, 2014, 2020, 2021).

Former NFL MVP winners

Player Year Opening Odds
Bills Josh Allen 2024 +850
Ravens Lamar Jackson 2023 +1600
Chiefs Patrick Mahomes 2022 +700
Jets Aaron Rodgers 2021 +800
Jets Aaron Rodgers 2020 +3000
Ravens Lamar Jackson 2019 +4000
Chiefs Patrick Mahomes 2018 +3525
Dolphins Tom Brady 2017 +385
Cowboys Matt Ryan 2016 +7500
Cowboys Cam Newton 2015 +5200

Listed above are the last 10 winners of the NFL MVP award, with Aaron Rodgers claiming three of them while on the Green Bay Packers.

NFL MVP Odds FAQs

Pages related to this topic

Kyle LaRusic - Covers
Publishing Editor

Kyle LaRusic joined Covers in 2020 with a Holland College diploma in Journalism and a Mount Saint Vincent Degree in Public Relations. Stints at Amherst News and the Cape Breton Post helped sharpen his skills in a newsroom setting, while working for MSVU and Dalhousie’s athletic departments landed Kyle in his comfort zone.

Kyle has been an avid bettor for over five years, starting with just one Sports Interaction account before discovering both the beauty and importance of price shopping. bet365 and Pinnacle are his go to books, but accounts at 10+ sportsbooks give him an array of options. “Rusty” will bet on anything under the sun as long as there’s value and good reasoning behind it, but NHL and NFL are his two favorite leagues to watch and wager on — especially with friends.

Kyle’s biggest tip for any bettor is simple: gamble responsibly. Only bet what you’re willing to lose and make sure to install a proper bankroll method to keep track of your ROI. If you’re still dwelling on the amount you lost the next day, it’s time to decrease your spending.

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