MLB MVP Odds 2025: Rising Power, Sinking Average Highlights AL Race

• Cal Raleigh is batting .174 since July 1

• The Yankees are holding on to the third AL Wild Card spot by 1 game

• Ohtani has hit 14 home runs since July 1

The AL MVP race between Cal Raleigh and Aaron Judge has grown far closer over the last month. Both have been delivering eye-popping power numbers, but have seen their batting averages take a nosedive. That has added a new wrinkle to the race, giving savvy bettors a chance to make some money.

Below, we’ll share who we believe will win the MLB’s MVP awards this season, along with the latest insights into each race.

MLB MVP Odds

Below, we’ll share the odds for the NL and AL MVP races from BetMGM Sportsbook. Sign up for a BetMGM account with our promo code WSNSPORTS to claim the welcome offer: Get Up to $1,500 in Bonus Bets*.

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AL MVP Odds

NL MVP Odds

MLB MVP Predictions

It’s starting to look like neither Aaron Judge nor Cal Raleigh wants to win the 2025 AL MVP. Both players have seen their batting average tank recently, despite continuing to deliver impressive power numbers. 

The drop in overall production makes the race far harder to call. We know Judge’s average is far more likely to pick back up soon, but the same can’t be said for Raleigh. He’s batting just .173 since July 1, becoming an all-or-nothing slugger. His highest average over his five-year career was .232 back in 2023, suggesting his regression may be far from over.

Things are far less murky in the NL MVP race. After talking about Shohei Ohtani’s offensive regression all season, the three-time MVP has completely turned things around. He’s batting .439 in August and has posted 14 home runs since July 1. While his RBI total won’t come close to matching the 130 he posted last season, his 43 home runs put him on pace to set a new career high in 2025.

There isn’t much else to say about the rest of the NL field. Kyle Schwarber is having the best season of his impressive career, but is primarily serving as the Phillies' DH. Without stealing bases or playing defense, it's hard to imagine MVP voters handing him the award, regardless of any Ohtani-fatigue.

After seeming to make the NL race close, Pete Crow-Armstrong no longer appears to be a viable candidate. He has lost the ability to hit lefties, leading to him being pinch-hit for in key situations. Combine that with the Cubs tumble down the NL Central standings, and you can see why we don’t think voters will take PCA’s resume seriously.

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MLB MVP Winner Picks

AL MVP Winner - Cal Raleigh (+125) at BetMGM Sportsbook

Cal Raleigh still has a chance to break Aaron Judge’s home run record, as well as the one for the Mariners and catchers. We don’t really believe his ability to generate hits will return to the level seen earlier this season, but it doesn’t seem to be slowing his pursuit of those records down. 

On top of the power production, Raleigh is also helping the Mariners take over the AL West race, making his story even more appealing to voters. With the Yankees barely holding on to the third AL wild card spot, it’s hard to see Judge earning his third MVP award.

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NL MVP Winner - Shohei Ohtani (-3000) at BetMGM Sportsbook

Well, the window to bet on Ohtani to win his fourth MVP award has closed. He continues to pitch at an elite level (albeit in limited time), and he’s hitting home runs at a surreal pace. While the Dodgers are stumbling a bit in August, Ohtani’s hot play is overshadowing that. With no other viable candidates on the board, the NL MVP race isn’t worth betting on at this point.

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How to Bet on the MLB MVP

Doing your research before betting on this year’s winners of the MLB MVP awards is incredibly important. While Shohei Ohtani and Aaron Judge have been the top two players in the league for a few years now, it hardly makes them a lock to win the award in 2025.

Before placing any wager on the MVP, we always recommend shopping for value. The favorites often see their odds lose value, meaning bettors have to wager more money to see a solid payout. Be sure to check the price on the other favorites before comparing stats and the other intangibles that MVP voters use when deciding on the winner.

If you are planning to bet on this year’s MVP races, be sure to get your bets in early to lock in the best value. These odds will be the best you’ll see as the field is whittled down by injury, slumbs, and other factors throughout the season.

How to Read MLB MVP Odds

Reading the odds for an MVP bet is reasonably straightforward. When checking odds from a sportsbook, you’ll see numbers with a (+) or (-) in front of them. The plus sign means that you will win the number after it when betting $100. If the number has a minus sign, you’ll need to bet that amount to win $100. 

Most sportsbooks organize the betting favorites according to their odds, making it easy to see. The biggest favorites will have a minus sign in front of their odds. The bigger the number, the more favored that player is. 

Be sure to remember that betting on heavy favorites means smaller payouts. For example, if you bet on Aaron Judge at -165, you’ll need to bet $165 just to win $100. If you instead wagered on Bobby Witt Jr., you’d need to spend $100 for a chance to win $450. Given that the betting favorite isn’t a lock to win the award, we prefer to look for players with more favorable odds. 

Where to Bet on the MLB MVP

There is no shortage of sportsbooks to wager on the MLB MVP. Thanks to their fantastic platform and competitive odds, Caesars Sportsbook is always a great choice. Caesars brings us the most Las Vegas-feeling betting experience, so it is our go-to option. Sign up for an account today using our promo code WSNDYW and claim the welcome offer: Bet $1, Get 10 100% Profit Boost Tokens.

If you aren’t looking for a Las Vegas-style sportsbook, you can’t go wrong with FanDuel Sportsbook. The former DFS giant has become the most popular online sportsbook in the country. People flock to the platform for the valuable bonuses and easy-to-use layout. All new users at FanDuel can claim the following welcome bonus: Bet $5, Get $300 in Bonus Bets if Your Bet Wins.

Wherever you decide to wager on the AL & NL MVP, check out our selection of the best online sportsbooks before signing up.

MLB AL & NL MVP Winner History

Over the past four seasons, Shohei Ohtani and Aaron Judge have combined to win five MVP awards. The superstars are the favorites to add more hardware to their collection this season, but we have a lot of baseball to go.

Before the rise of Judge and Ohtani, the MVP races have been up for grabs in most seasons. Below are the last ten MVP winners from the AL & NL.