NFL MVP Odds & Prediction: Josh Allen Slightly Ahead of Competition

Kyle LaRusic - Betting Analyst at Covers.com
Kyle LaRusic • Betting Analyst 5+ years betting experience
Updated: Aug 25, 2026 , 05:11 PM ET • 4 min read

Josh Allen opened with the best chance to win the NFL MVP award, but Neil Parker is eyeing a dark horse candidate in the NFC South.

Buffalo Bills quarterback Josh Allen (17) drops to throw during the fourth quarter of an AFC Divisional Round playoff game against the Denver Broncos at Empower Field at Mile High.
Photo By - Reuters Connect. Buffalo Bills quarterback Josh Allen (17) drops to throw during the fourth quarter of an AFC Divisional Round playoff game against the Denver Broncos at Empower Field at Mile High.

With the NFL preseason nearing its conclusion, discussions surrounding NFL MVP odds will begin to heat up.

Familiar names sit at the top of the board, with Josh Allen leading the way, followed by Lamar Jackson, Justin Herbert, and Joe Burrow.

Here are the latest NFL odds surrounding the prestigious award, with regular season football less than three weeks away.

NFL MVP odds

Name Kalshi
Probabillity
Josh Allen 11%
Joe Burrow 10%
Justin Herbert 10%
Lamar Jackson 10%
Caleb Williams 7%
Patrick Mahomes 7%
Drake Maye 7%
Dak Prescott 7%
Matthew Stafford 6%
Brock Purdy 5%

Percentages courtesy of Kalshi.

Kalshi is a regulated financial exchange where you trade on real-world event outcomes. Instead of traditional odds, prices are listed as percentages (0-100%), representing the market’s estimated probability of an event occurring.

Start trading with Kalshi today!

Sign up now using our exclusive Kalshi promo code 'COVERS35' and trade $25 on any event contracts — including NFL futures to get $35!

*Eligible U.S. locations only

Enjoying Covers content? Add us as a preferred source on your Google account Add as a preferred source on Google

NFL MVP prediction

Drake Maye made an MVP push thanks to a weak 2025 schedule. Burrow follows that same smooth path in 2026, but is a far more talented QB. If Cincy makes good on the oddsmakers’ expectations and wins 11+ games, Burrow is your MVP.

Pick: Joe Burrow (10%)

Pick made by Jason Logan on August 25.


NFL MVP winners by position

Position NFL MVP Awards
Quarterback 49
Running back 13
Fullback 4
Halfback 1
Kicker 1
Defensive tackle 1
Linebacker 1

Offensive players have dominated the NFL MVP Award since its inception. Alan Page (1971) and Lawrence Taylor (1986) are the only defensive players to receive the honor since 1957.

NFL MVP winners by team

Team NFL MVP Awards
Packers Green Bay Packers 10
Colts Indianapolis Colts 8
49ers San Francisco 49ers 5
Browns Cleveland Browns 4
Rams Los Angeles Rams 5
Raiders Las Vegas Raiders 4
Patriots New England Patriots 3
Commanders Washington Commanders 3
Chiefs Kansas City Chiefs 3
Bills Buffalo Bills 3

The rest of the league has a way to go before catching up with the Packers. Green Bay's 10 NFL MVP trophies are split among Paul Hornung (1961), Jim Taylor (1962), Bart Starr (1966), Brett Favre (1995, 1996, 1997), and Aaron Rodgers (2011, 2014, 2020, 2021).

Former NFL MVP winners

Player Year Opening Odds
Rams Matthew Stafford 2025 +5000
Bills Josh Allen 2024 +850
Ravens Lamar Jackson 2023 +1600
Chiefs Patrick Mahomes 2022 +700
Jets Aaron Rodgers 2021 +800
Jets Aaron Rodgers 2020 +3000
Ravens Lamar Jackson 2019 +4000
Chiefs Patrick Mahomes 2018 +3525
Dolphins Tom Brady 2017 +385
Cowboys Matt Ryan 2016 +7500
Cowboys Cam Newton 2015 +5200

Listed above are the last 10 winners of the NFL MVP award, with Aaron Rodgers claiming three of them while on the Green Bay Packers.

NFL MVP Odds FAQs

Pages related to this topic

Kyle LaRusic - Covers
Betting Analyst

Kyle LaRusic joined Covers in 2020 with a Holland College diploma in Journalism and a Mount Saint Vincent Degree in Public Relations. Stints at Amherst News and the Cape Breton Post helped sharpen his skills in a newsroom setting, while working for MSVU and Dalhousie’s athletic departments landed Kyle in his comfort zone.

Kyle has been an avid bettor for over five years, starting with just one Sports Interaction account before discovering both the beauty and importance of price shopping. bet365 and Pinnacle are his go to books, but accounts at 10+ sportsbooks give him an array of options. “Rusty” will bet on anything under the sun as long as there’s value and good reasoning behind it, but NHL and NFL are his two favorite leagues to watch and wager on — especially with friends.

Kyle’s biggest tip for any bettor is simple: gamble responsibly. Only bet what you’re willing to lose and make sure to install a proper bankroll method to keep track of your ROI. If you’re still dwelling on the amount you lost the next day, it’s time to decrease your spending.

Popular Content

Covers is verified safe by: Evalon Logo GPWA Logo GDPR Logo GeoTrust Logo Evalon Logo