The Latest NFL MVP Odds

This NFL MVP betting page delivers crucial information to help you exploit this interesting postseason market. Use our odds and bonus comparison grids to evaluate the main favorites and select the top sportsbooks for your taste. You can also find detailed commentary on the main 2023–24 NFL MVP betting favorites, common bonuses, and key ways to stay safe. Read on for the lowdown before selecting a site and registering to get started.

NFL MVP Betting Explained

NFL MVP betting primarily involves predicting the winner of the AP NFL Most Valuable Player award. The prize has been running since 1957 and is gifted to the best player in the NFL each season. There are various factors and characteristics to appreciate before awarding the coveted title of MVP, such as offensive ability, defensive skill, morale-building exploits, and more.  

Fifty distinguished sports journalists vote on the NFL’s top player at the end of the regular season before the playoffs. The general public learns the results just before the Super Bowl during the NFL Honors ceremony, a highly-anticipated event where MVP-style awards are conferred to the best rookies, coaches, most improved players, and other areas. 

These categories form the wider basis of NFL MVP betting, with sportsbooks providing extensive odds on each outcome. Bettors have several awards to consider, generating a versatile and interesting way to put their season knowledge to the test. Even if you cannot decide on the overall Most Valuable Player, NFL MVP odds cover several different angles. It’s consequently a popular pre-Super Bowl betting opportunity for NFL fans. 

How to Read MVP Odds

Reading NFL MVP odds requires a complete understanding of how American odds work. These are given as positive or negative numbers. The smaller a number, the higher the chances of a scenario occurring. Meanwhile, larger numbers indicate a smaller possibility. Most NFL MVP odds will be positive until a surefire favorite emerges in the immediate build-up. Bettors can calculate the potential profit from their predictions by using two straightforward rules: 

• Positive Odds: Outcomes with positive odds show the amount you can win from a $100 stake. So +250 odds on Patrick Mahomes to be the 2023–24 NFL MVP would pay $250 on a $100 wager. 
• Negative Odds: Your potential payout will be less than your stake with negative odds due to the higher chances of the event happening. In these cases, the number represents the amount you must wager to win $100. Theoretically, Tyreek Hill might be at -150 come the NFL Offensive Player of the Year 2023–24 award. This would require a $150 wager to win $100.

NFL MVP Betting Markets

NFL MVP odds traditionally focus on the Most Valuable Player, but sportsbooks also offer odds on several other awards categories. These include the following: 

AP NFL Regular Season MVP 2023–24

NFL Regular Season MVP winners are recognized as the player deemed most important to their individual team. These awards are almost always given to quarterbacks, as they orchestrate much of the play and are very often the difference between winning and losing. Patrick Mahomes is the runaway favorite to retain the title after winning in 2022, although Tua Tagovailoa and Jalen Hurts may also challenge. 

AP NFL Offensive Player of the Year 2023–24

This award highlights the most dangerous offensive player during the season, with winners usually recording outstanding passing, rushing, or receiving statistics. NFL Offensive Player of the Year winners have always been running backs, quarterbacks, or, in rare cases, wide receivers. The 2023–24 favorites are Tyreek Hill, Christian McCaffrey, and AJ Brown. 

AP NFL Defensive Player of the Year 2023–24

The NFL Defensive Player of the Year award goes to the most effective defensive player, usually measured by tackling, sacks, and interceptions. Aaron Donald and JJ Watt are two notable three-time winners from the last decade. The main positions claiming the prize are defensive ends, defensive tackles, and linebackers. Micah Parsons, Myles Garrett, and TJ Watt are inseparable at the top of the favorites list so far. 

AP NFL Coach of the Year 2023–24

A highly coveted award among senior NFL figures, the NFL Coach of the Year award goes to the best head coach during the season. This can either be due to swashbuckling tactics, incredible man management, or turning around the fortunes of a struggling franchise. Dan Campbell and Mike McDaniel are the two main favorites, but DeMeco Ryan is also a dark horse. 

AP NFL Offensive Rookie of the Year 2023–24

The NFL Offensive Rookie of the Year title is awarded to the top-performing offensive debutant every season. As with the general Offensive Player of the Year award, the recipients are usually running backs or quarterbacks, although two wide receivers picked up the 2021 and 2022 awards. CJ Stroud and Puka Nacua currently lead the way regarding the 2023–24 favorites, but this could change as new rookies start bedding in. 

AP NFL Defensive Rookie of the Year 2023–24

NFL debutants can also win the Defensive Rookie of the Year award if they show enough promise and record vital statistics like sacks and interceptions. Jalen Carter is the runaway favorite to win the 2023–24 award after an impressive start to life at the Philadelphia Eagles. 

AP NFL Comeback Player of the Year 2023–24

This accolade recognizes a player who has returned from adversity, such as injury, personal challenges, or simply terrible form. Damar Hamlin is the heavy favorite to win the NFL Comeback Player of the Year 2023–24 award, although Tua Tagovailoa also has a good shot.

NFL MVP Betting Bonuses

Sportsbooks can sometimes offer NFL MVP betting bonuses, especially in the build-up to the ceremony at the end of the regular season. These promotions can take various guises, although don’t expect as many opportunities as with most other betting markets. NFL MVP odds are classed under the futures wagering category at most betting sites, which means they can often be excluded from certain bonuses. Check below for a round-up of the most frequent you’ll come across.

Free Bets

Free bets are common throughout the NFL season, with sportsbooks frequently offering bonus credits for qualifying wagers or for specific games. The easiest way to take advantage is via new customer welcome bonuses, with leading platforms like DraftKings offering $200 in bonus bets for an initial $5 stake. 

Money Back Bets

Money back bets give bettors a chance to place wagers without worrying as much about losing as the stake will be refunded if all qualifying conditions are met. Sports betting sites can offer these promotions as part of a welcome bonus (such as PointsBet’s up to $1,000 in refundable bets new customer offer) or for specific events like the Super Bowl. Unfortunately, these bonuses are rarely applicable to NFL MVP odds unless you use them right before the announcements. 

Odds Boosts

Odds boosts are fantastic ways to enhance your potential payout. The best sportsbooks provide these promotions during each NFL week, attaching odds enhancements to specific games, markets, or parlay selections. FanDuel has a particularly powerful array of parlay boosters, where the odds can increase quite significantly. Unless the odds boosts are specifically related to NFL MVP betting, these offers aren’t applicable. Keep an eye out in the immediate run-up to the NFL Honors ceremony or after seismic performances from key players, as these are the most common opportunities to find odds boosts promos. 

Parlay Insurance

Parlay insurance is only applicable to NFL MVP betting if you create a parlay wager featuring several predictions for each category. Even then, most parlay insurance bonuses won’t include NFL MVP odds. These promotions safeguard bettors from losing their stake if one leg of their parlay loses but the others are guessed correctly. As mentioned, these are very rarely available on NFL MVP betting markets, but ensure you check the terms and conditions to clarify this.

Responsible Gambling

Gambling responsibly is key to all NFL betting markets, not just the MVP awards. Getting carried away can be easy with so many choices, bonuses, and betting possibilities out there, but staying safe is equally straightforward. Limit your gambling spend to a small fraction of your overall income each month by setting no-nonsense budgets, and avoid chasing your losses. Enjoy NFL MVP betting as a source of entertainment, not financial gain. 

Our responsible gambling homepage has plenty more resources to help bettors keep safe and responsible. You can also access helpful information on some of the following platforms: 

• National Council of Problem Gambling
• Gamblers Anonymous

Compare NFL MVP Odds and Sign Up

Our page has everything you need to know regarding NFL MVP betting, from detailed odds comparison grids to commentary on the main favorites for the 2023/24 season. After you’ve acquainted yourself with the information available, head to the free bets section to choose from our top recommended sportsbooks. You can click through to their websites using our links to trigger the streamlined registration process. Enjoy!

Frequently Asked Questions