2023 MLB MVP Odds: Shohei and Soto Headline Early Favorites

The 2023 MLB MVP odds are on the board — and neither reigning champion is favored to repeat. Instead, we're heading to the West Coast as Shohei Ohtani is the AL MVP favorite and Juan Soto has the shortest odds to win NL MVP.

Last Updated: Feb 20, 2023 12:41 PM ET Read Time: 5 min
Juan Soto San Diego Padres MLB
Photo By - USA TODAY Sports

The 2023 Major League Baseball season is on the horizon, with pitchers and catchers reporting last week, and that means a new wave of MLB futures odds are on the board, including who will win the AL and NL MVP Award.

Aaron Judge ran away with his first AL MVP award in 2022, thanks to a power-filled season that saw him hit an AL record 62 home runs, but he's not the favorite heading into 2023 — that belongs to a dual-threat dynamo.

Meanwhile, on the National League side, Paul Goldschmidt won his first MVP behind a balanced offensive season (and being perhaps the best defensive first baseman in baseball), but he also is not favored to repeat... in fact he's just sixth on the betting board.

Who are the favorites ahead of the 2023 season? Read below for our latest MLB odds to win the AL and NL MVP.

Odds to win AL MVP

Player Team Position Odds
Shohei Ohtani Angels Los Angeles Angels DH/P +200
Aaron Judge  Yankees New York Yankees OF +450
Mike Trout Angels Los Angeles Angels OF +450
Julio Rodriguez Mariners Seattle Mariners OF +700
Yordan Alvarez Astros Houston Astros DH +1,100
Vladimir Guerrero Jr. Blue Jays Toronto Blue Jays 1B +1,200
Jose Ramirez Guardians Cleveland Guardians 3B +1,500
Rafael Devers Red Sox Boston Red Sox 3B +2,000
Corey Seager Rangers Texas Rangers SS +2,000
Adley Rutschman Orioles Baltimore Orioles C +2,500
Kyle Tucker Astros Houston Astros OF +2,500
Wander Franco Rays Tampa Bay Rays SS +2,500

Odds courtesy of DraftKings Sportsbook as of February 20, 2023.

Al MVP odds analysis

2/20/2023: It's a tough time trying to repeat as the AL MVP, as reigning champion Aaron Judge is just second on the odds board at +450 — tied with three-time MVP Mike Trout and trailing 2021 winner Shohei Ohtani, who is currently posted at just 2/1.

It might be even tougher to win the MVP for the first time, but there's value to be found: Reigning AL Rookie of the Year Julio Rodriguez is fourth on the board at +700 (rounding out players shorter than 10/1), followed by Astros slugger Yordan Alvarez (+1,100), Blue Jays star — and 2020 runner-up — Vladimir Guerrero Jr. (+1,200), and Guardians standout Jose Ramirez at 15/1.

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Odds to win NL MVP

Player Team Position Odds
Juan Soto Padres San Diego Padres OF +500
Mookie Betts Dodgers Los Angeles Dodgers OF +900
Fernando Tatis Jr. Padres San Diego Padres SS/OF +900
Ronald Acuna Jr. Braves Atlanta Braves OF +950
Freddie Freeman Dodgers Los Angeles Dodgers 1B +1,200
Paul Goldschmidt Cardinals St. Louis Cardinals 1B +1,300
Trea Turner Phillies Philadelphia Phillies SS +1,300
Manny Machado Padres San Diego Padres 3B +1,500
Austin Riley Braves Atlanta Braves 3B +1,500
Pete Alonso Mets New York Mets 1B +1,500
Nolan Arenado Cardinals St. Louis Cardinals 3B +1,800
Matt Olson Braves Atlanta Braves 1B +2,200
Kyle Schwarber Phillies Philadelphia Phillies OF +2,500
Francisco Lindor Mets New York Mets SS +2,500
Xander Bogaerts Padres San Diego Padres SS +3,000

Odds courtesy of FanDuel as of February 20, 2023.

NL MVP odds analysis

2/20/2023: The early NL MVP odds board is comprised of six teams, led by the Padres, who have two of the Top 3 favorites (and four of the Top 15), led by overall betting favorite Juan Soto at 5/1.

Then there are the Dodgers, who have the second (Mookie Betts at +900) and fifth favorites (Freddie Freeman, +1,200), while the Braves have three in the Top 15 (headlined by fourth favorite Ronald Acuna Jr. at +950).

The rest of the early favorites (+3,000 or shorter) all are members of the Cardinals (including reigning champ Paul Goldschmidt at 13/1), Mets, or Phillies.

Understanding MLB MVP odds

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 -6,000

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.


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