NFL MVP 2024-25 Betting Odds, Predictions, And Picks

NFL MVP 2024-25 Betting Odds, Predictions, And Picks

The NFL MVP odds for 2024-25 are out, so it’s time for some early predictions. Lamar Jackson of the Baltimore Ravens took home the trophy last season, but can he do it again?

With the NFL loaded with elite quarterbacks, the MVP race has never been hotter. And that will be the case again heading into the 2024-2025 season with several top quarterbacks looking for their first ever MVP trophy.

But who is the best value on the board? And which sleeper should everyone keep an eye on this season? Keep reading to find the answers!


NFL MVP 2024-25 Betting Odds

The following NFL MVP odds for 2024-25 are courtesy of Bovada.

PlayerOdds
Patrick Mahomes+600
Josh Allen+700
Joe Burrow+900
Lamar Jackson+1000
Jordan Love+1200
Brock Purdy+1200
Justin Herbert+1200
C.J. Stroud+1400
Jalen Hurts+1500
Dak Prescott+1500

There are 14 quarterbacks listed ahead of the first non-QB in the MVP odds of the top NFL sportsbooks, but I don’t think anyone will be surprised. We’ve had only 9 non-QB MVPs since 1990, and the last one was Adrian Peterson in 2012.

It’s a quarterback- driven league and the MVP award almost always goes to the top performer in this position. But who is the best bet on the board for the upcoming season? And who is a sleeper worth watching? Let’s dive into the favorites next.

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NFL MVP Betting Favorites for 2024-25

We have a few obvious candidates for the award, according to both the bookmakers and common sense. You simply can’t ignore them when betting on the NFL MVP, so let’s see what they have to offer.

Patrick Mahomes: +600

In terms of overall value, there isn’t a more valuable quarterback in the NFL than Patrick Mahomes. The three-time Super Bowl champion is the No. 1 player in this position, and he’s been that for the last five seasons.

Mahomes didn’t post huge passing numbers in 2023 and the Chiefs were “just” the No. 3 seed in the AFC. But with the potential of better weapons around him in 2024, Mahomes could see a huge boost in passing production.

Given that he is the NFL’s top quarterback, it only makes sense that he is the current favorite. He’s going to win another MVP award at some point. The only question is if it’s this year or later down the road.

Josh Allen: +700

You can make a strong case that Allen should have won the award last season after scoring 46 touchdowns and leading the Bills to the No. 2 seed in the AFC. Allen had an incredible late-season surge and found himself in the MVP conversation. I expect more of the same, because he is one of the NFL’s most dynamic quarterbacks and should have no problem posting gaudy numbers again.

Another reason why Allen is a good bet this year is due to the fact that voters might feel like it’s time to reward him for so many great seasons. It’s unclear why Allen didn’t get more votes last season for the MVP award (only one of 50 votes), but now he’s established himself as the second-best quarterback in the NFL behind only Patrick Mahomes. If Allen can post a similar season and if the Bills can win 11+ games, look for him to finally take home the MVP honors.

Joe Burrow: +900

Burrow is widely regarded as one of the NFL’s top quarterbacks, but injuries have caused him to miss out on the MVP discussions. He was never fully healthy in 2023, dealing with a severe calf strain and then injuring his hand midway through the season, which required surgery.

When Burrow is healthy, he is one of the best pocket passers in the league. I expect him to return with vengeance this season as the Bengals have one of the better overall rosters in the AFC. Can Burrow stay healthy long enough to make a push for the award? That is a real question that bettors will need to keep in mind. But in terms of ability, Burrow is as good as it gets at the QB position.

Photo of Joe Burrow before a game against the Cleveland Browns.
Joe Burrow is a strong contender for MVP, if only he can avoid injury [AP Photo: Emilee Chinn]

Lamar Jackson: +1000

Jackson took home his second MVP award in 2023 after leading the Ravens to the No. 1 seed in the AFC. His overall stats were unspectacular, but voters are starting to shy away from yardage totals alone when it comes to the MVP award. It also didn’t hurt that his best performance of the season came late in the year against the 49ers on a primetime stage. Those types of games carry a lot of weight for MVP voters and that is something that should be kept in mind when betting on the award.

Jackson will have a hard time winning the award again in 2024 because of voter fatigue and the fact the Ravens likely won’t be as good this season. However, Baltimore should still be among the best teams in the AFC and Jackson has firmly established himself as an elite QB. For that reason alone, he will get some consideration for the award.

And yet, his reputation took a strong hit during the postseason, so he must be exceptional to win again.


Best NFL MVP Award Sleepers in 2024

The NFL MVP award usually goes to a big-name quarterback on a great team. However, there have been several longshots over the last few seasons to take home this award. Here are some of the best sleepers to win the MVP award and their respective odds.

Trevor Lawrence: +2500

The second year of Trevor Lawrence in Doug Pederson’s offense didn’t go as planned as he dealt with several injuries that caused him to regress as a passer. But there is no doubting Lawrence’s talent and the Jaguars look ready to get back into the playoff hunt in 2024. Lawrence is as talented as any other QB in the NFL and it’s only a matter of time before he wins an MVP award.

Keep an eye on what the Jaguars do this offseason as they need to improve the weapons and the offensive line around Lawrence. If they can accomplish that, expect to see a huge jump in the MVP odds for the former No. 1 pick in the 2021 NFL Draft.

Jared Goff: +4000

One of the trends that we’ve seen in the NFL over the last few seasons is that MVP voters reward quarterbacks on great teams. It’s pretty rare for an MVP winner to be on a team that isn’t the No. 1 or No. 2 seed. And that’s what Jared Goff has going for him entering the 2024 season. The Lions could be the top team in the NFC and are only improving under Dan Campbell.

Goff posted great numbers during the 2023 season, but the development of Sam LaPorta, Jameson Williams, and Jahymr Gibbs should make the offense even more dynamic this year. Goff should post big numbers again, especially with Ben Johnson returning as the offensive coordinator. Betting on Goff at +4000 seems like a big value considering just how good the Lions should be this season.

Anthony Richardson: +4000

Richardson is coming off a shoulder injury that caused him to miss most of his rookie season. However, in his small sample size from 2023, it’s clear that Richardson’s ceiling is endless. He is the most physically gifted quarterback in the league and his rushing ability should allow him to have success right away.

The Colts were nearly a playoff team last season with Gardner Minshew starting the majority of the games at QB. With the roster expected to be even better in 2024, Richardson could have a ton of success in Year 2. It’s still a bit of a reach to expect him to win an MVP, but we’ve seen Patrick Mahomes and Lamar Jackson both make big leaps in Year 2 and go on to win the MVP award.


2024 NFL MVP Prediction and Betting Pick

There are several intriguing options for the MVP award this season and a few sleepers worth mentioning. It’s hard to ever bet against Patrick Mahomes considering he’s the best QB in the league and he’s already won the award twice. But there isn’t a lot of value on him right now and the Chiefs might not want to overwork him in the regular season for an award that he’s already won.

That leaves the door open for Josh Allen, who has been the AFC’s second-best quarterback for several years now. The Bills have gutted a lot of their roster this offseason in order to pay Allen, but that is a wise decision. He can carry the offense and has shown that he can be the reason why the Bills go deep into the playoffs.

Photo of Josh Allen during a press conference after losing the AFC division playoff.
Josh Allen is the bookies second favorite, but my top pick for value [AP Photo: Jeffrey T. Barnes]

With a lesser team around him, look for the Bills to continue to lean on Allen to win them games this season. And if the Bills can be the No. 1 or No. 2 seed in the AFC again in 2024, there is no reason why he can’t win the award. At +700, Allen is the best bet on the board to win this year’s MVP trophy.

The Bet
Josh Allen


Who Are You Backing in the NFL MVP Race?

I expect a tight race between Mahomes and Allen for the most prestigious individual award in football, and the NFL MVP odds for 2024-25 reflect that. Still, you should keep an eye on Burrow and some of the young guns.

Who are you backing this year? Even if you don’t see your favorite in the odds above, that’s because I only cut the list to the top 10 players. Bovada, one of the best sites for NFL betting online, features many more, so visit the sportsbook to place your wager and get a welcome bonus of up to $750 in the process!


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About the Author
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Marcus Mosher
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Marcus Mosher is an NFL analyst at Pro Football Focus, residing in Erie, PA. He covers the NFL from a betting and fantasy perspective, producing written and video content. Marcus currently hosts multiple football-related podcasts and is a managing editor at USA Today's Sports Media Group, covering the Las Vegas Raiders.

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