Cal Raleigh tied Mickey Mantle for most home runs in a single season by a switch-hitter over the weekend, and yet, Aaron Judge is a major favorite in the MLB odds to win AL MVP.
Raleigh has had an undoubtedly great season, but the wear and tear of a long campaign behind the plate seems to be catching up with him. In the second half (his last 53 games), he's hitting .218 with 16 home runs, a 28.1% strikeout rate, and a 126 wRC+. Other than the batting average, that's not terrible, but it pales in comparison to his first-half numbers (.259, 38 homers, 25.2% K rate, and a 174 wRC+ in 94 games).
Great season. But Judge is just a touch better. His slash line is .326/.447/.678, and he owns a 199 wRC+. Raleigh has more home runs, RBI, and stolen bases, so he's not out of the race, but it'll be difficult to gain ground in the MVP odds.
Odds to win AL MVP 2025
| Player |  |
 |
 |
|---|---|---|---|
 Aaron Judge |
-1000 | -1500 | -900 |
 Cal Raleigh |
+550 | +550 | +550 |
 Tarik Skubal |
+15000 | OTB | +15000 |
 Jose Ramirez |
+15000 | +15000 | +15000 |
 Bobby Witt Jr. |
+15000 | +15000 | +15000 |
 Vladimir Guerrero Jr. |
+25000 | +25000 | +25000 |
| Bo Bichette |
OTB | +25000 | +25000 |
Odds last updated on 9-15.
Odds to win NL MVP 2025
| Player | |
|
|
|---|---|---|---|
 Shohei Ohtani |
-10000 | -50000 | -10000 |
 Kyle Schwarber |
+2000 | +2000 | +2200 |
 Juan Soto |
+2500 | +3000 | +2800 |
 Kyle Tucker |
+20000 | OTB | +20000 |
| Pete Crow-Armstrong |
+20000 | OTB | +20000 |
 Manny Machado |
+20000 | +20000 | +20000 |
Odds last updated on 9-15.
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MVP betting splits
American League MVP
Highest Ticket%
- Bobby Witt Jr., Royals - 16.8%
- Cal Raleigh, Mariners - 16.2%
- Aaron Judge, Yankees - 12.5%
Highest Handle%
- Aaron Judge, Yankees - 55.4%
- Cal Raleigh, Mariners - 20.1%
- Bobby Witt Jr., Royals - 6.2%
Biggest Liability
- Cal Raleigh, Mariners
National League MVP
Highest Ticket%
- Shohei Ohtani, Dodgers - 18.9%
- Pete Crow-Armstrong, Cubs - 10.6%
- Kyle Schwarber, Phillies - 10.3%
Highest Handle%
- Shohei Ohtani, Dodgers - 34.8%
- Kyle Schwarber, Phillies - 10.9%
- Juan Soto, Mets - 9%
Biggest Liability
- Pete Crow-Armstrong, Cubs
Data courtesy of BetMGM.
Previous MVP winners
Here are the last 10 winners of the AL and NL MVP Award, with Shohei Ohtani leading the way as a three-time winner. Bryce Harper has won twice with two different teams and Miguel Cabrera was the last player to win back-to-back MVP awards (2012-13). Barry Bonds holds the record for most MVP awards (seven)
The New York Yankees have won the most MVPs in MLB history with 24 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 |
|---|---|
| 2024 | Aaron Judge |
| 2023 |  Shohei Ohtani |
| 2022 | Aaron Judge |
| 2021 | Shohei Ohtani |
| 2020 |  Jose Abreu |
| 2019 | Mike Trout |
| 2018 |  Mookie Betts |
| 2017 |  Jose Altuve |
| 2016 | Mike Trout |
| 2015 | Josh Donaldson |
Previous NL MVP winners
| Year | National League Winner |
|---|---|
| 2024 | Shohei Ohtani |
| 2023 |  Ronald Acuna Jr. |
| 2022 |  Paul Goldschmidt |
| 2021 | Bryce Harper |
| 2020 | Freddie Freeman |
| 2019 | Cody Bellinger |
| 2018 |  Christian Yelich |
| 2017 |  Giancarlo Stanton |
| 2016 | Kris Bryant |
| 2015 |  Bryce Harper |
Popular MLB futures markets
- MLB World Series odds
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MLB MVP odds explained
Most sportsbooks will display odds in the American format as listed above. When Goldschmidt ran away with the MVP award in 2022 his odds had a minus (-) sign ahead of the number for a large part of the season.
- Paul Goldschmidt -6000
That means that a bettor in August had to wager $6,000 to win $100 by betting on Goldy to win MVP. Before the season starts, almost every player will have a plus (+) sign ahead of their odds.
- Shohei Ohtani +200
That means a bettor would have profited $200 for a $100 wager on Ohtani before the season started.
If American odds aren't your thing, simply use a tool like our odds converter to switch the odds to decimal or fractional format. Most online sportsbooks also give you the option to change the odds format that you see.
MLB MVP FAQ
Yankees OF Aaron Judge is back in front now that he's off the IL.
Los Angeles Dodgers DH Shohei Ohtani is the betting favorite to win NL MVP.
New York Yankees outfielder Aaron Judge won his second AL MVP trophy after hitting 58 home runs with a .322/.48/.701 slash line.
Los Angeles Dodgers slugger Shohei Ohtani became the first pure DH in MLB history to win an MVP.
Of the 33 players to have multiple MVP trophies, Barry Bonds is far and away the leader with seven. Ten other players have won three and no one besides Bonds has won more.
AL and NL MVP awards are typically announced in mid-November after the World Series has been played. The 2023 awards were announced on November 16.
Since 1931, members of the Baseball Writer's Association of America (BBWAA) have submitted ranked ballots. Two writers from each MLB city vote for the awards in their respective league.
