March Madness MVP Odds 2027: Betting Guide & Market Outlook

Chris Vasile - Betting Analyst at Covers.com
Chris Vasile • Betting Analyst 13+ years betting experience
Updated: Apr 8, 2026 , 01:06 PM ET • 5 min read

With Elliot Cadeau claiming 2026 honors, attention now shifts to the 2027 March Madness MVP race and the players positioned to break through.

Michigan Wolverines guard Elliot Cadeau (3) celebrates.
Photo By - Imagn Images. Michigan Wolverines guard Elliot Cadeau (3) celebrates.

Elliot Cadeau capped off a brilliant March Madness run by claiming 2026 MVP honors, matching his season high with 19 points in the national championship after a 13-point, 10-assist double-double in the semifinal win over Arizona.

With this year’s tournament now in the books, attention quickly turns to the 2027 MVP race and how the betting market will take shape.

March Madness 2027 MVP odds

March Madness MVP odds for the 2027 tournament have yet to be released, but this page will be updated as soon as sportsbooks open the market.

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Who won March Madness MVP last year?

Once the bracket tightened and the spotlight grew, there was no looking back for Elliot Cadeau.

Cadeau controlled the tournament from start to finish, recording a 13-point, 10-assist double-double in the semifinal win over Arizona before matching his season high with 19 points in the national championship.

His poise and playmaking powered his team through the biggest moments, earning him 2026 March Madness MVP honors.

How is the March Madness MVP decided?

The Associated Press awards the March Madness MVP honor after the NCAA Tournament.

Most often, the Most Outstanding Player comes from the NCAA championship team. Twelve players have been named MVP without being on championship teams.

History of the March Madness MVP

Not all Final Four MVPs go on to the pros, but they live on forever in NCAA Tournament glory — especially if you bet on their odds to win March Madness MVP.

Tournament MVPs almost always come from the winning team. The last player to be named MVP whose team did not win was Hakeem Olajuwon for the Houston Cougars in 1983.

Most betting sites have offered odds on the tournament MVP for a few years now, but sportsbooks based in Nevada have only been allowed to bet on March Madness props since 2016. 

Odds for March Madness MVP are listed in American format. American odds can be converted to decimal or fractional using our odds converter.

Year MVP School
2026 Elliot Cadeau Michigan
2025 Walter Clayton Jr.  Florida
2024 Tristen Newton UConn
2023 Adama Sanogo UConn
2022 Ochai Agbaji Kansas
2021 Jared Butler Baylor
2020 No tournament NA
2019 Kyle Guy Virginia
2018 Donte DiVincenzo Villanova
2017 Joel Berry North Carolina
2016 Ryan Arcidiacono Villanova
2015 Tyus Jones Duke
2014 Shabazz Napier UConn
2013 Luke Hancock Louisville
2012 Anthony Davis Kentucky
2011 Kemba Walker UConn
2010 Kyle Singler Duke
2009 Wayne Ellington North Carolina
2008 Mario Chalmers Kansas
2007 Corey Brewer Florida
2006 Joakim Noah Florida
2005 Sean May North Carolina
2004 Emeka Okafor UConn
2003 Carmelo Anthony Syracuse
2002 Juan Dixon Maryland
2001 Shane Battier Duke
2000 Mateen Cleaves Michigan St

March Madness MVP trends

  • March Madness MVP odds are usually topped by multiple players from the top-seeded teams in the NCAA Tournament.

  • Final Four MVP odds are released after Selection Sunday and will adjust throughout the tournament as teams advance and get eliminated.

March Madness MVP Odds FAQs

Pages related to this topic

Chris Vasile Covers.com
Betting Analyst

Chris Vasile is a betting analyst with over 13 years of experience breaking down soccer betting markets, with additional coverage across the WNBA and NFL. He focuses on finding numbers that are slow to adjust — whether it’s due to scheduling spots, player usage, or recent form — and explaining why a line is worth playing. His work has appeared across major betting and sports media platforms, including Covers, VSiN, BetMGM Network, and SportsGrid, where he’s delivered sharp analysis on both mainstream and niche markets. At Covers, he contributes to major tournament coverage and daily betting content, with a particular focus on soccer. He also runs the Game Day Wagers YouTube channel, where he shares daily picks and betting insights tailored for serious bettors.

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