NFL MVP Odds 2021

Online sports betting is expected in Ohio, but not live as of yet. This page will be updated with the latest news, odds and promos once Ohio sportsbooks are live. 

The most prestigious individual award in the National Football League is the Most Valuable Player. While it’s the most desired award for NFL players, it’s also the most common bet among bettors.

As with most future odds, NFL MVP odds can be profitable, particularly if you select the right candidate before the season starts. However, the bets are difficult to handicap. Read on to learn about betting on the NFL MVP and factors to consider when making predictions.

Latest NFL MVP odds

This year’s NFL MVP race

Here are the top contenders of this year’s NFL MVP. Note that due to their higher probabilities of winning the award, they have lower NFL betting odds.

1. Kyler Murray

The 23-year-old Arizona Cardinals QB has shown the NFL he’s in the race for this year’s MVP award after transforming his team into an intriguing offense with his impressive darts, timely scampers and breathtaking throws. He won the 2019 Offensive Rookie of the Year award.

2. Patrick Mahomes

Kansas City Chiefs quarterback Patrick Mahomes is among the most consistent NFL players. He’s been exceptional for some time now, getting 4,000-plus passing yards in the last three years and winning the MVP award in 2018. The Texas Tech product is a prime candidate for the NFL MVP as long as he remains healthy.

3. Tom Brady

Even at 43, Brady showed that class is permanent after managing 40 touchdowns (tied for second-most in the league) and 4,633 passing yards (third-most) in 2020. Having won this award three times, Brady is still a strong contender as the quarterbacks one of the best teams in the NFC.

4. Aaron Rodgers

The winner of the 2020 MVP, Rodgers amassed the most touchdowns in the league (48) and the seventh-most passing yards (4,299). At 38, the future Hall of Famer has a chance to claim his first back-to-back MVP.

5. Josh Allen

The 24-year-old Allen amassed 37 touchdowns and 4,544 passing yards last season and has been brilliant for the Buffalo Bills since 2018. The Bills are among the favorites to make some noise this year, partly because they have one of the league’s best quarterbacks. One of Allen’s most significant traits is his accuracy from deep, which could get him enough stats to win the MVP.

6. Lamar Jackson

The Baltimore Ravens quarterback managed 26 touchdowns and 2,700+ passing yards in 2020. This season, with the addition of veteran Sammy Watkins and wide receiver Rashod Bateman, we could see a boost in Jackson’s passing stats and an increase in his chances of winning the MVP.

7. Matthew Stafford

Stafford still has a lot to offer and is now on a team with an excellent defense and coaching staff. The 33-year-old’s stats could be promising if he ends up playing a big part on a contending team.

8. Dak Prescott

Dak Prescott ended up playing only five games for the Dallas Cowboys in 2020 due to a nasty ankle injury. The year before that, however, he threw for 4,900 yards, so he is someone to keep an eye on.

9. Russell Wilson

Wilson managed 40 TDs against 13 interceptions last season. He’ll likely be a top MVP candidate if the Seattle Seahawks maintain their solid offensive line this season.

10. Justin Herbert

Justin Herbert had a 99.4 rating (the highest of all quarterbacks) in 2020, and he’s showing signs of achieving a second-year leap. The 2020 Offensive Rookie of the Year could be a strong MVP contender if the LA Chargers win more games.

Recent NFL MVP winners

2020Aaron RodgersQuarterbackGreen Bay Packers
2019Lamar JacksonQuarterbackBaltimore Ravens
2018Patrick MahomesQuarterbackKansas City Chiefs
2017Tom BradyQuarterbackNew England Patriots
2016Matt RyanQuarterbackAtlanta Falcons
2015Cam NewtonQuarterbackCarolina Panthers
2014Aaron RodgersQuarterbackGreen Bay Packers
2013Payton ManningQuarterbackDenver Broncos
2012Adrian PetersonRunning BackMinnesota Vikings
2011Aaron RodgersQuarterbackGreen Bay Packers

Last year’s MVP voting results

Unsurprisingly, Green Bay’s Aaron Rodgers won the 2020 MVP with an excellent season as he led the Packers to a No. 1 seed in the NFC North.

Rodgers’ third MVP tied him with Brett Favre and Tom Brady. He notched 48 touchdowns (70.7% completion), with a 121 rating.

He was close to making it unanimous with 44 first-place votes. Josh Allen had four votes, and Mahomes got two.

NFL MVP betting trends

1. Youngest/oldest MVP award winners

Patrick Mahomes was the youngest (23) to win the MVP award until Lamar Jackson claimed it in 2019 (also 23, but a few months younger). Brady became the oldest player to win the award in 2017 at age 40.

2. Repeat winners

Since 2011, the MVP has gone to a first-time winner seven times. Peyton Manning received his third MVP in 2008, his fourth in 2009 and then claimed a fifth in 2013.

Manning is the only player to win the MVP award for two different teams. He also has the most total MVPs (five). Favre, Rodgers and Brady are all tied for the second-most MVP awards (three). Brady got his second award in 2010 and his third in 2017.

Rodgers is the only repeat winner in the last 10 years. He received his first MVP in 2011, his second in 2014 and his third in 2020.

3. Back-to-back winners

Several players have won multiple MVP awards, but consecutively securing it is pretty rare. It’s happened four times overall.

Manning is the most recent consecutive winner, and he did it twice. He claimed the MVP award in 2003 and 2004 and did it again in 2008 and 2009.

4. Positional trends

Quarterbacks have dominated the MVP award in the last decade, claiming it nine times. Adrian Peterson is the only non-quarterback to win the MVP in that time. He won in 2012 after becoming the seventh running back to break the 2,000-yard line in a season.

So while non-quarterbacks may have more favorable NFL MVP betting odds, it’s often wiser to place your bet on a quarterback to win the award. Also, note that a team’s success often matters, as the MVP tends to come from a team that makes the postseason. The team does not necessarily have to be the No. 1 seed in its conference, but it needs to be successful.

Who chooses the NFL MVP?

The NFL voting process is different from that of other leagues in terms of choosing the MVPs. Most leagues use a point system, which involves each voter picking and ranking several players. Then the player with the most points wins the award. In the NFL, voters can cast only one vote each.

The NFL MVP award gets presented by the Associated Press, with a panel of 50 sportswriters casting the votes. Although the voters get chosen each season, there can sometimes be carryovers.

When is the NFL MVP announced?

Every year, the NFL hosts the “NFL Honors” show, where it hands out awards. Alongside several other awards like Rookie of the Year and Coach of the Year, the league announces its MVP.

The NFL MVP voting occurs at the end of the regular season before the playoffs begin. The announcement of the winner takes place a day before the Super Bowl (usually in early February).

How NFL MVP futures bets work

A futures bet tends to be a wager on a season-long or playoff-dependent event, such as betting on who will win the NFL MVP. Odds for popular NFL futures will come out in the offseason, often shortly after the end of the Super Bowl.

The odds will then remain available for much of the regular season. Sportsbooks will keep adjusting the odds depending on events such as injuries, trades, results and how the bets are coming in. You lock in your odds when you place a bet, however, regardless of how books adjust their odds later or what happens during the schedule.

You’ll generally see the various candidates for a specific futures bet listed from more likely winners to less likely. You can calculate the potential payouts and implied probability with live odds. Bettors get payouts on their futures bets after the sportsbook grades the occurrence or event.

When is the best time to bet on the NFL MVP?

The initial release of NFL MVP futures odds in the offseason can be a fantastic time to place your bets, especially if you have your eye on a solid contender who isn’t yet on everyone’s radar.

If you have multiple players with a realistic chance, you can opt for multiple bets to increase your chances of winning. Remember that the NFL MVP race betting odds move in response to betting action, so be sure to monitor the odds.

As the season progresses and long shots show more life or favorites experience rough patches, that can also be a great time to get the best prices. The NFL MVP markets will evolve throughout the year, so follow the patterns.

What happens to futures bets in a canceled season?

Review the rules of the sportsbook you’re playing on, as individual books may have different ways of handling specific issues on bet settlement. However, the general rule for extreme events, such as canceled seasons, is that the affected bets will be void, with sportsbooks issuing refunds for all such bets.

Can you cancel a futures bet?

No, you can’t. But if you placed a futures bet by mistake, you can immediately ask your sportsbook to return your wager and void the bet, though this decision is subject to the house rules.

A few sportsbooks provide an early payout option for pending futures bets, allowing you to close your bet before it’s final. If your futures bet has a high probability of losing, you can choose to take a reduced percentage of your original wager back.

What are the Vegas odds for NFL MVP?

In the past, Las Vegas was the authority for odds and lines in NFL betting. But things have changed as legal sports betting is in Ohio.

Sportsbooks that offer these bets tend to provide lines and odds in sync with what you’ll see in Sin City, including DraftKings Ohio and the FanDuel Sportsbook app. Although obscure bets may be a bit different, and the numbers can vary a little, you can generally access all the NFL futures you would like at non-Vegas sportsbooks. See the differences between Vegas odds and online odds here.

Bengals and Browns NFL MVP Award winners

For the Cincinnati Bengals, Ken Anderson and Boomer Esiason won the MVP in 1981 and 1988, respectively.

On the Cleveland Browns, Jim Brown claimed the MVP in 1957 and again in 1958 and 1965. Another Browns player, Brian Sipe, won the award in 1980.

Other NFL futures bets

While NFL MVP bets are a popular option for futures, several other bets are available, as well. These NFL futures can span a variety of markets, and can be found at top state sportsbooks such as Caesars Ohio and BetMGM Sportsbook in Ohio:

  • Season win totals
  • Super Bowl MVP odds
  • Super Bowl winner odds
  • Defensive Rookie of the Year
  • Offensive Rookie of the Year
  • Defensive Player of the Year
  • Offensive Player of the Year
  • Coach of the Year
  • Division champions