NFL MVP 2025 Odds, Candidates, Best Bets: Allen Favored Even, Mahomes Back in Race

• Josh Allen already has an implied 47.6% chance to win the award

• Jalen Hurts is fifth in odds despite averaging 152.3 passing yards per game

• Matthew Stafford is climbing the chart after he went for 375 yards and 3 TDs on Sunday

The race for the 2025 NFL MVP trophy is on, and sportsbooks have updated their odds for who they believe is poised to take home the highest honor in professional football.

2025 NFL MVP Odds

Odds courtesy of BetMGM sportsbook. Sign up for a BetMGM account with our promo code WSNSPORTS and claim the welcome offer: Bet $10, Get $150 if You Win*.

*21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements.

NFL MVP Predictions

Allen is already a heavy favorite to win the award through one month of action. He’s played very well and is second in QBR, but he’s also played three of the easiest opponents in the league since his season opener against the Ravens. Jackson and Herbert are in the best positions to threaten Allen’s grip on the MVP odds race, and Mahomes made a sizable move up the board following his explosive four-touchdown showing on SNF.

Hurts is hanging around in fifth place despite only having 609 yards and five touchdowns in four games. Daniel Jones is moving up, while the injured Jayden Daniels is sliding. 37-year-old Stafford is also making a charge for the Rams, who are about to enter an important part of their schedule.

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NFL MVP Winner - My Pick

NFL MVP Winner Pick - Matthew Stafford (+1700) at BetMGM

While I believe that Allen has a better chance at winning the award than Stafford, betting him at nearly even money after four weeks is a mistake. Allen hasn’t faced anyone on his schedule and will have bad games, while Stafford has consistently delivered for his team. He’s in the top 10 in every major passing category, and the Rams’ high-powered offense can continue at this pace. LA also has a chance to win the NFC, which would bolster Stafford’s case.

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How to Bet on the NFL MVP

The NFL is the most popular sports league in America for bettors, and the MVP is one of the most popular futures bets available.

Customers can turn to MVP and futures markets as a way to make long-term wagers instead of betting one game at a time. Bets on the NFL MVP winner can be placed at any time as long as the market is open and can be a way to manipulate value, for example, if the player of choice is coming off a poor week, or one of their top competitors just had a standout game.

NFL MVP odds are not available in every state, so check your sportsbook and state regulations to find out if your state is eligible. Online sportsbooks may have different odds for every MVP candidate, so it’s also important to cross-reference odds across multiple sportsbooks to find the best price. 

How to Read NFL MVP Odds

Reading NFL MVP odds is the same as reading any other betting odds. Any value that is preceded by a + means that a bettor must wager $100 to win the listed amount—for example, a $100 bet on +1100 odds will result in a $1,100 profit if that bet hits. Positive odds are almost always assigned to the underdog, with the only exception being if there are no negative odds values on the board.

Conversely, odds values led by a - translate to the bettor needing to risk the listed amount to profit $100. That means that -250 odds will require a $250 bet to win $100.

All outcomes (players) in futures markets usually have positive odds until late in the season, when one or a few players separate themselves from the field.

Where to Bet on NFL MVP Winner

Every sportsbook is going to have NFL odds, and as long as you’re in a state with eligible MVP odds, they should be in the futures section of the NFL menu.

Our favorite for betting on NFL MVP is FanDuel Sportsbook. New users who create an account using our link can claim: Bet $5, Get $300 in Bonus Bets if Your Bet Wins. No promo code is needed.

A great alternative to FanDuel is BetMGM Sportsbook with its competitive odds, boosts, and smooth user interface. The welcome offer for new users is also quite generous: Bet $10, Get $150 if You Win*. Just remember to enter our promo code WSNSPORTS during the sign-up process. Read our BetMGM sportsbook review to find out more.

*21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. This promotional offer is not available in DC, MS, NY, NV, ON, or PR.

NFL MVP Winner History (Since 2000)