Super Bowl MVP Odds: Brady Wins Again in 2021

Tom Brady won MVP of Super Bowl LV, marking the 31st time a quarterback has won Super Bowl Most Valuable Player in 55 playings of the annual NFL championship game.

Posted: Feb 8, 2021 11:48 AM ET Updated: Feb 8, 2021 11:48 AM ET
Tampa Bay Buccaneers Tom Brady
Photo By - USA TODAY Sports

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
Patrick Mahomes -120
Tom Brady +187
Tyreek Hill +1,000
Travis Kelce +1,000
Tyrann Mathieu +2,500
Darrel Williams +2,500
Shaquil Barrett +2,500
Mike Evans +2,800
Leonard Fournette +2,800
Chris Godwin +3,000
Devin White +3,000
Clyde Edwards-Helaire +3,300
Mecole Hardman +3,300
Sammy Watkins +3,300
Frank Clark +4,000
Chris Jones  +4,000 
Jason Pierre-Paul +4,000

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?

Selection Odds
Teammates +100
God/Religion +225
Winning City +700
USA +700
Family +900
Coaches +1,000
Team Owner +1,000

Which position will win the Super Bowl MVP?

Selection Odds
Quarterback -350
Wide receiver +350
Tight end +800
Running back +900
Any defensive position +1,000
Kicker +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
55 Tom Brady +187 QB
54 Patrick Mahomes  +110 QB
53 Julian Edelman +2000 WR
52 Nick Foles +325 QB
51 Tom Brady +150 QB
50 Von Miller +2200 LB
49 Tom Brady +160 QB
48 Malcolm Smith +2000 LB
47 Joe Flacco +250 QB
46 Eli Manning +210 QB
45 Aaron Rodgers +175 QB
44 Drew Brees +180 QB
43 Santonio Holmes NA WR
42 Eli Manning NA QB
41 Peyton Manning NA QB
40 Hines Ward NA WR
39 Deion Branch NA WR
38 Tom Brady NA QB
37 Dexter Jackson NA CB
36 Tom Brady NA QB
35 Ray Lewis NA LB
34 Kurt Warner NA QB
33 John Elway NA QB
32 Terrell Davis NA QB
31 Desmond Howard NA KR
30 Larry Brown NA CB
29 Steve Young NA QB
28 Emmitt Smith NA RB
27 Troy Aikman NA QB
26 Mark Rypien NA QB
25 Ottis Anderson NA RB
24 Joe Montana NA QB
23 Jerry Rice NA QB
22 Doug Williams NA QB
21 Phil Simms NA QB
20 Richard Dent NA DE
19 Joe Montana NA QB
18 Marcus Allen NA RB
17 John Riggins NA RB
16 Joe Montana NA QB
15 Jim Plunkett NA QB
14 Terry Bradshaw NA QB
13 Terry Bradshaw NA QB
12 Harvey Martin & Randy White NA DE/DT
11 Fred Biletnikoff NA WR
10 Lynn Swann NA WR
9 Franco Harris NA RB
8 Larry Csonka NA FB
7 Jake Scott NA S
6 Roger Staubach NA QB
5 Chuck Howley NA LB
4 Len Dawson NA QB
3 Joe Namath NA QB
2 Bart Starr NA QB
1 Bart Starr NA QB

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.

Bet early

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

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