2024 MLB MVP Odds: Betting Lines for AL & NL MVP Race

Shohei Ohtani looks poised to become the first pure designated hitter to ever win an MVP award. With injuries to Mookie Betts and Ronald Acuna, and the rest of the field playing a few ticks below, he can once again rewrite precedent.

Jason Wilson - Publishing Editor at Covers.com
Jason Wilson • Publishing Editor
Jul 23, 2024 • 10:21 ET • 5 min read
Shohei Ohtani Los Angeles Dodgers MLB
Photo By - USA TODAY Sports

Exiting the All-Star break, Aaron Judge still tops the MLB odds board to win AL MVP. On the Senior Circuit, Shohei Ohtani is in a similar spot as both races look plenty chalky.

Let's look at the latest AL and NL MVP odds.

Odds to win AL MVP 2024

Player DraftKings FanDuel bet365
Yankees Aaron Judge -350 -430 -400
Orioles Gunnar Henderson +400 +600 +450
Royals Bobby Witt Jr. +1,000 +750 +1,000
Yankees Juan Soto +1,500 +1,700 +1,600
Guardians Jose Ramirez +7,000 +15,000 +8,000
Red Sox Jarren Duran  +8,000 +18,000 +15,000

AL MVP odds analysis

7/23/2024: Aaron Judge is borderline untouchable at this point. There is a lot of time left, and this race isn't officially in the books, but it will take a prolonged cold spell and/or injury for him to tumble.

An interesting name suddenly appearing near the top of the would-be contenders is Jarren Duran, who has quietly established himself as a star with the Boston Red Sox. He made headlines by winning the All-Star Game MVP last week thanks to a two-run home run that was the deciding factor. But the 27-year-old has been something of a late bloomer or post-hype sleeper, finally coming into his own after some false starts. He's hitting .288/.347/.500 with 12 home runs, 22 stolen bases, an AL-leading 30 doubles, and an MLB-leading 11 triples. He likely won't be in the conversation to actually topple Judge, but he should get down-ballot votes if he can sustain this production through the season's final two months.

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Odds to win NL MVP 2024

Player DraftKings FanDuel bet365
Dodgers Shohei Ohtani -400 -550 -455
Phillies Bryce Harper +450 +440 +450
Dodgers Freddie Freeman +2,000 +2,100 +2,000
Reds Elly De La Cruz  +3,500 +5,000 +4,000
Diamondbacks Ketel Marte +3,500 +4,800 +4,000
Braves Marcell Ozuna +4,000 +3,500 +2,500
Mets Francisco Lindor +5,000 +6,000 +5,000
Phillies Trea Turner +5,000 +5,500 +10,000
Phillies Alec Bohm +6,000 +10,000 +9,000
Brewers William Contreras +7,000 +9,000 +7,500
Padres Fernando Tatis Jr. +7,500 +10,000 +8,000

NL MVP odds analysis

7/23/2024: I have resisted Shohei Ohtani in this market since the very beginning, and even though I missed the boat, I don't regret a thing. His odds were too short even before the season. That's not a judgment call on his talent, but more a frank assessment of precedent. Yes, Ohtani is a unicorn, but that status has largely been due to his ability to pitch and hit. We knew he'd be limited to hitting in 2024 as he recovers from an arm injury and that he also wouldn't play in the field. No pure DH, as I've repeated several times, has ever won an MVP. Even Hall-of-Fame sluggers like David Ortiz and Edgar Martinez topped out at second and third, respectively, in MVP voting. And entering the season, Ohtani was drawing the shortest odds. That's too much risk, and until Mookie Betts' injury, it looked like I might have been right. Betts slashed .304/.405/.488 with 10 home runs and nine stolen bases in 72 games while playing shortstop for the first time. Ohtani has turned it on at the plate and will likely win his first NL MVP, but it was never without risk.

Previous MVP winners

Here are the last 10 winners of the AL and NL MVP Award, with Mike Trout 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 23 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
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
2015 Blue Jays Josh Donaldson
2014 Angels Mike Trout

Previous NL MVP winners

Year National League Winner
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
2015 Nationals Bryce Harper
2014 Dodgers Clayton Kershaw

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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 -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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