2025-26 NFL MVP Odds: Bills QB Josh Allen Solidifies Favorite Status
NFL MVP odds for the 2025-26 season have been on the board for a few months now. With the regular season steaming into Week 6, a strong favorite has evolved, though the name won't surprise anyone.
For the fifth straight week, Josh Allen is atop odds to win the NFL MVP. And the league's reigning MVP is creating more separation, now at a minus-money price.
Below are current NFL MVP odds from an array of sportsbooks, followed by oddsmaker insights on 2025-26 NFL MVP odds. To get the most out of your NFL betting, make sure you check out our BetMGM bonus code.
(Feature image: Eric Hartline/Imagn Images)
Mvp Odds
| Time | Bet365 | BetMGM | DraftKings | Caesars | ESPNBet | FanDuel | RiversCasino | |
|---|---|---|---|---|---|---|---|---|
| |  › |  › |  › |  › |  › |  › |  › | |
 Patrick Mahomes | +160 | +160 | +150 | +165 | +175 | |||
 Baker Mayfield | +375 | +325 | +320 | +375 | +450 | |||
 Josh Allen | +375 | +400 | +400 | +400 | +350 | |||
 Drake Maye | +800 | +1000 | +950 | +750 | +700 | |||
 Matthew Stafford | +1100 | +1100 | +1000 | +1300 | +1200 | |||
 Jared Goff | +2000 | +2200 | +2000 | +2000 | +2000 | |||
 Daniel Jones | +2000 | +2500 | +2200 | +1800 | +2000 | |||
 Jordan Love | +2500 | +2500 | +2800 | +2500 | +2500 | |||
 Dak Prescott | +3000 | +3000 | +3000 | +2500 | +3300 | |||
 Lamar Jackson | +3300 | +3500 | +3500 | +3000 | +3000 | |||
 Jalen Hurts | +4000 | +5000 | +4000 | +4000 | +3300 | |||
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2025-26 NFL MVP Odds
Allen Town
LATEST UPDATE: After the Buffalo Bills' wild Week 1 comeback win over the Baltimore Ravens, Josh Allen supplanted Lamar Jackson as the favorite in BetMGM's NFL MVP odds. Allen went from +600 to +310, while Jackson dipped from +500 to +550.
Following Week 2, Allen and Jackson were +325 co-favorites. But Allen pulled away the past two weeks and is now -105 chalk to win his second straight NFL MVP award.
Jackson suffered a hamstring injury in Baltimore's Week 4 loss at Kansas City and could miss a couple weeks. As that news developed Monday/Tuesday ahead of Week 5, Jackson tumbled from +650 to the +2000 seventh choice.
Significantly stepping up: Los Angeles Chargers QB Justin Herbert. When this market first opened, Herbert was +2500. After Week 3, he was all the way into +600, and that's where he sits now as the second choice in BetMGM's 2025 NFL MVP odds.
Big Picture
LATEST UPDATE: How much offseason/early season action came in on Joe Burrow's NFL MVP odds? Well, so much that the Bengals QB is still No. 1 in tickets and money at BetMGM, despite suffering a toe injury in Week 2 that will keep him out until December.
In fact, even with Burrow off the board the past two weeks, he's still got almost twice as many tickets and more than 1.5 times the money of Jackson, who's No. 2 in both metrics.
"Burrow has been removed since the injury, so all of that action is from preseason/early season. He was the most-bet-on player in the offseason, by an overwhelming amount," BetMGM trading manager Christian Cipollini said.
Rounding out the top five in ticket count at BetMGM:
- Kansas City Chiefs QB Patrick Mahomes
- Philadelphia Eagles QB Jalen Hurts
- Herbert
And rounding out the top five in money:
- Allen
- Herbert
- Mahomes/Hurts (tied)
Mahomes' Chiefs got off to an 0-2 start, but rebounded and are now 2-2. That includes a big 37-20 Week 4 home win over Baltimore, which gave Mahomes' NFL MVP odds a shot in the arm.
Pre-Week 1, Mahomes was the +650 fourth choice, behind Jackson (+550), Burrow (+600) and Allen (+600). Post-Week 1, Mahomes was out to +1000, and he went to +1800 Post-Week 2.
With K.C. now 2-2, and with the news of Jackson's injury, Mahomes went from +1800 to the +700 third choice.
"Daniel Jones would be the worst outcome," Cipollini said of the resurgent Indianapolis Colts QB, who opened +15000 (150/1) and is now +5000. "Herbert and Hurts are two others that would be a losing outcome for BetMGM. Allen & Mahomes would both be winning outcomes."
Los Angeles Rams wideout Puka Nacua is the first non-QB in 2025-26 NFL MVP odds. But he's way down the board at +8000, a blip on the radar in terms of tickets and money. His quarterback, however, is now the +1500 fifth choice.
Cipollini is intrigued by Matthew Stafford, and Nacua, for that matter.
"Stafford would be the most interesting in my opinion. He's off to a big start numbers-wise, and the Rams could easily be at the top of the standings by January," Cipollini said. "Same idea, if there is a non-QB to win it this year, Puka would be the most likely to do it."
Opening NFL MVP Odds
BetMGM first posted 2025-25 NFL Most Valuable Player odds in May. Below are opening odds on which player will win the NFL MVP award:
- Ravens QB Lamar Jackson +450
- Bills QB Josh Allen +600
- Chiefs QB Patrick Mahomes +700
- Bengals QB Joe Burrow +750
- Commanders QB Jayden Daniels +1100
- Eagles QB Jaylen Hurts +2000
- Texans QB C.J. Stroud +2200
- Chargers QB Justin Herbert +2500
- Lions QB Jared Goff +2500
- Packers QB Jordan Love +2500
- 49ers QB Brock Purdy +2800
- Buccaneers QB Baker Mayfield +3000
- Bears QB Caleb Williams +3500
- Cowboys QB Dak Prescott +3500
- Jaguars QB Trevor Lawrence +3500
- Dolphins QB Tua Tagovailoa +4000
- Rams QB Matthew Stafford +5000
- Giants RB Saquon Barkley +5000
- Cardinals QB Kyler Murray +5000
*No other players opened shorter than +6600
How is the Winner Determined in NFL Most Valuable Player Odds
The NFL MVP award is handed out annually to the top player of the regular season. The award is voted on by a panel of 50 sportswriters selected by the Associated Press (AP). The award is usually announced the night before the Super Bowl. Check out our Super Bowl odds for more information on all things NFL, and be sure to use our bet365 bonus code or Fanatics Sportsbook promo when placing your bet.
NFL MVP History
The NFL MVP has been dominated by quarterbacks, who have won the award 50 times. Buffalo Bills QB Josh Allen, always among the favorites these days, earned his first NFL MVP award following the 2024-25 season.
Before last season kicked off, Allen opened at +800 in NFL MVP odds. So if you'd bet $100 on Allen at those odds, then you would've won $800.
NFL MVP Winners
As noted above, last season, Josh Allen took home the first MVP award of his career for the Buffalo Bills. Recent NFL MVP winners, with opening odds in parentheses:
2024-25 - Buffalo QB Josh Allen (+800)
2023-24 - Baltimore QB Lamar Jackson (+1600)
2022-23 - Kansas City QB Patrick Mahomes (+700)
2021-22 - Green Bay QB Aaron Rodgers (+800)
2020-21 - Green Bay Aaron Rodgers (+3000)
2019-20 - Baltimore QB Lamar Jackson (+4000)
2018-19 - Kansas City Chiefs QB Patrick Mahomes (+3500)
2017-18 - New England QB Tom Brady (+400)
2016-17 - Atlanta QB Matt Ryan (+7500)
2015-16 - Carolina QB Cam Newton (+5100)
2014-15 - Green Bay QB Aaron Rodgers (+650)
2013-14 - Denver QB Peyton Manning (+600)
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