NFL MVP Odds: Patrick Mahomes Climbing Up Odds Board

A look at next season's NFL MVP odds featuring Josh Allen (+140) and Patrick Mahomes (+270) as Most Valuable Player betting favorites.

Kyle LaRusic - Betting Analyst at Covers.com
Kyle LaRusic • Betting Analyst
Oct 13, 2025 • 15:23 ET • 4 min read
NFL MVP odds
Photo By - IMANGN Images. Kansas City Chiefs quarterback Patrick Mahomes (15) drops back to pass against the Detroit Lions during the second half at GEHA Field at Arrowhead Stadium.

Josh Allen remains the NFL MVP odds favorite, but Patrick Mahomes is breathing down his neck following a win over the Detroit Lions.

Here are the latest NFL odds surrounding the NFL MVP.

NFL MVP odds

Here is a look at updated NFL MVP odds. Compare Most Valuable Player odds from the top sportsbooks. Josh Allen (+140) and Patrick Mahomes (+270) are the betting favorites.

Player FanDuel
Bills Josh Allen +140
Chiefs Patrick Mahomes +270
Buccaneers Baker Mayfield +470
Texans Jared Goff +1500
Packers Jordan Love +1500
Texans Drake Maye +1600
Texans Matthew Stafford +1600
Chargers Justin Herbert +1800
Commanders Jayden Daniels +3300
Chiefs Daniel Jones +3300

Odds last updated October 13.

NFL MVP opening odds

Here is a look at NFL MVP opening odds. Lamar Jackson (+550) and Josh Allen (+550) opened as the betting favorites. 

  • Lamar Jackson (+550)
  • Josh Allen (+550)
  • Joe Burrow (+650)
  • Patrick Mahomes (+750)
  • Jayden Daniels (+900)
  • Jalen Hurts (+1700)
  • Justin Herbert (+1800)
  • Jordan Love (+220)
  • CJ Stroud (+2500)
  • Baker Mayfield (+2500)
  • Caleb Williams (+2800)
  • Kyler Murray (+2800)
  • Jared Goff (+3000)
  • Dak Prescott (+3500)
  • Brock Purdy (+3500)
  • Bo Nix (+3500)
  • Drake Maye (+4500)
  • Trevor Lawrence (+4500)

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NFL MVP winners by position

Position NFL MVP Awards
Quarterback 48
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 4
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
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

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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.

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