2026 MLB MVP Odds: PCA and Ohtani Trade Body Blows in Thrilling NL Race

Jason Wilson - Betting Analyst at Covers.com
Jason Wilson • Betting Analyst 19+ years betting experience
Updated: Aug 19, 2026 , 07:17 AM ET • 4 min read

Pete Crow-Armstrong is going toe-to-toe with Shohei Ohtani for NL MVP.

Pete Crow-Armstrong Chicago Cubs MLB
Photo By - Reuters Connect. Chicago Cubs center fielder Pete Crow-Armstrong (4) hits a home run against the Chicago White Sox during the first inning at Wrigley Field

If Shohei Ohtani and Pete Crow-Armstrong match each other's power production every night from here on out, who's going to win the National League MVP?

MLB odds have flipped to PCA's favor ever so slightly, but the race remains extremely close. With Yordan Alvarez having the AL MVP almost in the bag, the Senior Circuit competition continues to offer much more intrigue.

For more analysis, check out our MLB MVP predictions below.  

Odds to win 2026 AL MVP 

Player Polymarket
Astros Yordan Alvarez -1539
Rays Junior Caminero +1539
Royals Bobby Witt Jr. +3604

Odds last updated on 8-19. Odds from Polymarket. Use our Polymarket promo code (COVERS) for a $50 trading bonus when you deposit at least $20 as a new user.

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Odds to win 2026 NL MVP 

Player Polymarket
Cubs Pete Crow-Armstrong -145
Dodgers Shohei Ohtani +104

Odds last updated on 8-19.

MLB MVP odds analysis

Pete Crow-Armstrong has overtaken Shohei Ohtani in the MVP odds. Not by much, but PCA is technically the favorite for now.

After hitting a leadoff blast and finishing with a walk-off home run on Monday, PCA kicked Tuesday off with another big fly, his 31st of the season.

However, Ohtani also went deep twice on Monday and answered the Chicago Cubs outfielder with his 30th homer on Tuesday. Yes, those all came at Coors Field, but a home run is a home run.

While I believe PCA is the rightful NL MVP today, he needs to maintain this level of production. He's within sniffing distance of a 40-40 season but must ensure he doesn't collapse offensively as he did in the second half of 2025. We know Ohtani won't fade into the background, unless the knee injury preventing him from pitching suddenly impacts his status in the Dodgers' daily lineup.

If Ohtani can return to the mound soon, PCA will need to be extra productive. His elite defense gives him a slight edge, but Ohtani as a pitcher changes that landscape considerably.

For now, however, this is an exciting race to watch.

MLB MVP futures predictions

Prediction Odds Prediction date Units
Angels Mike Trout  +2000 April 21 0.5
Yankees Ben Rice +2500 April 21 0.5
Orioles Gunnar Henderson +1500 March 24 0.5
Rangers Wyatt Langford +4000 February 25 0.25
Padres Jackson Merrill +5500 February 25 0.25

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Previous MVP winners

Here are the last 10 winners of the AL and NL MVP Award, with Shohei Ohtani leading the way as a four-time winner, with two in the AL and two in the NL. Only Frank Robinson has also won MVP awards in both leagues.

Barry Bonds holds the record for most MVP awards (seven).

The New York Yankees have won the most MVPs in MLB history with 25, 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
2025 Yankees Aaron Judge
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

Previous NL MVP winners

Year National League Winner
2025 Dodgers Shohei Ohtani
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

MLB MVP FAQ

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Jason Wilson Covers.com
Betting Analyst

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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