Another Super Bowl title, another Super Bowl MVP for Tom Brady. The veteran quarterback won his fifth Super Bowl Most Valuable Player honor after leading the Tampa Bay Buccaneers to a 31-9 victory over the Kansas City Chiefs in Super Bowl LV.
Betting on the Super Bowl MVP is a massively popular prop market, and Brady was going off at +187 odds to win Super Bowl MVP heading into the game on February 7. However, the Bucs QB was as big as +1,500 at many online sportsbooks when those MVP odds hit the board before the start of the NFL playoffs.
Super Bowl 2021 MVP Odds
Super Bowl 2021 MVP odds started showing up at sportsbooks on January 6, 2021 and slimmed to the top talents for the Chiefs and Bucs once the Big Game matchup was set.
Here's what the Super Bowl LV MVP odds look like at closing on Super Sunday.
|Player||Super Bowl 55 MVP Odds|
Odds courtesy of bet365.
How is the Super Bowl MVP decided?
The Super Bowl MVP is decided after the conclusion of the game by a panel of 16 NFL journalists (writers and broadcasters) as well as a fan vote (online and mobile), which was added in 2001.
The panel makes up 80 percent of the voting while the fan vote makes up the remaining 20 percent. The player voted on as having the most significant impact on their team’s success will be honored as the Most Valuable Player of the Super Bowl.
Super Bowl MVP Props
Online sportsbooks will put up some fun props surrounding the Super Bowl MVP, with one of the more popular markets being who or what the player will refer to first in their speech.
Who will the MVP refer to first in his speech?
Which position will win the Super Bowl MVP?
|Any defensive position||+1,000|
How to read Super Bowl MVP odds
The Super Bowl MVP odds are displayed in a list format with corresponding odds for each player considered an MVP candidate. The odds will reflect the implied probability of that player winning MVP.
Some sportsbooks will have a very long and detailed list with plenty of players available. Other books will list just the skill positions and key defensive contributors while adding a “field” or “other” option which includes any player not officially listed.
Most sportsbooks in North America will list Super Bowl MVP odds in American format:
- Patrick Mahomes -120
- Tom Brady +187
This means that a $100 bet on Mahomes would have profited $83 (or a $120 bet would win $100), or a $100 bet on Brady would have profited $187. Use our odds converter to switch American odds to decimal or fractional and to see how much you could win using different odds.
Super Bowl MVP betting history
A Super Bowl MVP has been named in all 55 championship games going back to 1967 when Green Bay Packers quarterback Bart Starr was named the very first Super Bowl Most Valuable Player.
Starr is one of the 31 quarterbacks to be named Super Bowl MVP. Running backs and wide receivers have each won MVP seven times while a defensive player has been named MVP five times and a special teams player (kick returner) has won the award once.
Betting on the Super Bowl MVP odds was made popular in the late 1990s, as online sports betting began to boom, but has only recently been allowed in regulated land-based sportsbooks (such as Las Vegas/Nevada) since 2016.
|Super Bowl||MVP winner||MVP odds||Position|
|12||Harvey Martin & Randy White||NA||DE/DT|
Super Bowl MVP betting tips & strategies
Like betting on any Super Bowl odds, there is some strategy involved when betting the Super Bowl MVP prop.
Set a narrative
When it comes to all of your Super Bowl bets – sides, totals, props – you should set a narrative for how you see the game playing out and what has to happen in order to follow that path. If you’re betting on the team with the explosive passing game, you know the receivers will need to be a big part of that success. Therefore, you may want to look at the quarterback or wide receivers in the Super Bowl MVP odds.
The Super Bowl is the biggest betting event of the year and the odds are drum-tight across the board. That means any hidden value is sniffed out quickly and bet hard, forcing bookmakers to adjust those numbers. The Super Bowl MVP odds often see major line movement between opening and closing, so don’t wait too long to get in your MVP bets.
Risk vs reward
The quarterback for the Super Bowl favorite is most often the frontrunner to win MVP. And while that team’s moneyline odds (odds to win the game) may not pose the biggest return, you can often get a better bang for your buck by betting the QB’s MVP odds instead.
While there is a risk that the quarterback may not win MVP, that position has earned Big Game honors over 56 percent of the time and in nine of the past 12 Super Bowls.
As an example, Kansas City was a -130 favorite to win Super Bowl LIV and Patrick Mahomes was +110 to win MVP. A $100 bet on Kansas City -130 would win just under $77. But a $100 bet on Patrick Mahomes to win MVP at +110 would win $110.
Which sportsbooks offer Super Bowl MVP odds?
All of the best Super Bowl betting sites will offer Super Bowl MVP odds. However, the players listed as well as their respective odds will vary slightly from book to book, so it’s a good idea to shop around for the best odds before making your bet.
Instant replay: Super Bowl MVP odds
Super Bowl MVP odds are one of the most bet props for the Big Game. Here are some key things to remember:
- Super Bowl MVP odds are released when the NFL playoffs began.
Patrick Mahomes opened as Super Bowl MVP favorite on Jan. 6, 2021, at +300 and closed at -120.
- Tom Brady won the MVP in 2021 with closing odds of +187.
- A quarterback has won Super Bowl MVP in 31 of the 55 games.
Super Bowl MVP odds FAQs
Can I bet on who will win Super Bowl MVP?
Yes, you can bet on who will win Super Bowl MVP at all online and land-based sportsbooks.
How is the Super Bowl MVP decided?
The Super Bowl MVP is decided by a voting panel of 16 journalists and a fan vote upon the conclusion of the game.
How often do quarterbacks win the Super Bowl MVP?
Quarterbacks have won Super Bowl MVP in 31 of the previous 55 games (56.4% of the time).
When are Super Bowl MVP odds released?
Super Bowl MVP odds are released at the beginning of the NFL playoffs and adjust to the remaining contenders throughout the postseason.
Can I make a live bet on the Super Bowl MVP?
Yes, some online and mobile sportsbooks will offer live in-play odds on Super Bowl MVP during the game.