Super Bowl 56 MVP Odds: Rodgers and Mahomes Lead The List

With the Divisional Round kicking off this weekend, the Super Bowl LVI MVP odds are narrowed down to players on those eight remaining teams. And with QBs winning Big Game MVP 31 times, Aaron Rodgers, Patrick Mahomes and the other six QBs lead the list.

Last Updated: Jan 18, 2022 12:02 PM ET Read Time: 4 min
Aaron Rodgers Green Bay Packers QB NFL
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As the NFL playoffs roll into the Divisional Round, the Super Bowl 56 MVP odds narrow down to the top stars from the eight remaining teams.

It comes as no surprise that the quarterbacks from the two Super Bowl favorites — Aaron Rodgers and Patrick Mahomes — sit atop the odds boards. In fact, the eight remaining QBs are the biggest favorites to win "Most Valuable" honors in this year's Big Game, all priced at 16/1 or lower before a significant jump in payout for the other skill position players.

Here's a look at the Super Bowl LVI MVP odds and the top favorites with Divisional Round action kicking off this weekend.

Super Bowl 2022 MVP odds

Odds for the MVP of Super Bowl LVI hit the board on Tuesday, Jan. 11. Here's an updated list after the Wild Card Round, with Aaron Rodgers as a +450 favorite to win MVP. 

Player Position Odds
Aaron Rodgers Quarterback +450
Patrick Mahomes Quarterback +500
Josh Allen Quarterback +600
Tom Brady Quarterback +750
Matthew Stafford Quarterback +1,000
Joe Burrow Quarterback +1,400
Ryan Tannehill Quarterback +1,400
Jimmy Garoppolo Quarterback +1,600
Derrick Henry Running back +3,000
Davante Adams Wide receiver +3,300
Cooper Kupp Wide receiver +3,300
Tyreek Hill Wide receiver +4,000
Travis Kelce Tight end +4,000
Aaron Jones Running back +5,000
Stefon Diggs Wide receiver +5,000
Rob Gronkowski Tight end +6,000
A.J. Dillon Running back +7,000

Odds courtesy of PointsBet as of Jan. 19, 2022.

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Super Bowl MVP pick

By Jason Logan

MVP Pick: Patrick Mahomes (+500)

I’m holding an +1,100 ticket on Kansas City to win the Super Bowl, so perhaps I’m biased or just greedy, but there’s no doubting Patrick Mahomes’ spot in the Super Bowl MVP pecking order.

Kansas City may not be as reliant on Mahomes as past years, as the defense and the rushing game have held their own, but there will spots during the playoffs in which the Chiefs will need Mahomes to make plays — and the biggest stars shine on the biggest stage.

Adding to that 5/1 payout is Mahomes looking to atone for a bad game against the Bucs in last year’s Super Bowl, in which he was picked off twice and failed to throw for a touchdown — the only time in the entire season he was left with a goose egg.

Long-shot MVP: Derrick Henry (+6,000)

The Titans are getting zero respect as the AFC’s No. 1 seed and that disrespect rolls over into the Super Bowl MVP odds. Tennessee QB Ryan Tannehill is listed at +800 — the fifth overall choice on the odds board — but the real MVP in the Music City is paying a much prettier penny.

Derrick Henry is expected to return from a broken foot for the Titans in the postseason, benefitting from a first-round bye. Henry was on a crazy pace before getting hurt on Halloween, amassing 937 yards rushing, 10 touchdowns, and 154 yards receiving. That had him in the regular-season MVP conversation at the time.

The Titans only need to win two home games to qualify for the Super Bowl and have already picked up regular-season wins over the Chiefs and Bills, the top two seeds below them in the AFC. Tennessee is +800 to win the Big Game right now, which pans out to an 11% win probability. That seems too low. And if the Titans do win the Super Bowl, it will be Henry carrying them there.

Picks made on January 13, 2022

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% of the voting while the fan vote makes up the remaining 20%. The player voted as having the most significant impact on their team’s success will be honored as the Most Valuable Player of the Super Bowl.

How to read Super Bowl MVP odds

When learning how to bet on the Super Bowl, bettors must first understand how the odds display and how to read them. 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 +2,000 WR
52 Nick Foles +325 QB
51 Tom Brady +150 QB
50 Von Miller +2,200 LB
49 Tom Brady +160 QB
48 Malcolm Smith +2,000 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 learning how to bet on 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% 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 FAQs

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