2026-27 NFL MVP Odds: Bills QB Josh Allen Remains Favorite
NFL MVP odds for the 2026-27 season are starting to get more attention, as the preseason looms.
Updated on 8/7/26
Los Angeles Rams quarterback Matthew Stafford narrowly won the 2025-26 honor. But in 2026-27 NFL MVP odds, he's not even in the top five, with Buffalo Bills QB Josh Allen leading the way.
Below are 2026 odds to win NFL MVP, from a variety of sportsbooks, along with oddsmaker insights on this popular market. Before you bet, make sure to check out our BetMGM bonus code.
(Feature image: Brett Davis/Imagn Images)
Mvp Odds
| Time | Bet365 | BetMGM | DraftKings | Caesars | FanDuel | RiversCasino | |
|---|---|---|---|---|---|---|---|
| |  › |  › |  › |  › |  › |  › | |
 Josh Allen | +550 | +650 | +600 | +650 | +650 | +600 | |
 Lamar Jackson | +750 | +850 | +800 | +850 | +850 | +800 | |
 Joe Burrow | +850 | +900 | +850 | +800 | +900 | +900 | |
 Patrick Mahomes | +1100 | +1200 | +1000 | +1000 | +1300 | +1100 | |
 Justin Herbert | +1000 | +1000 | +1000 | +1000 | +1000 | +1100 | |
 Drake Maye | +1000 | +1100 | +1000 | +1200 | +1000 | +1000 | |
 Caleb Williams | +1400 | +1600 | +1200 | +1500 | +1500 | +1400 | |
 Dak Prescott | +1200 | +1400 | +1400 | +1300 | +1400 | +1300 | |
 Matthew Stafford | +1100 | +1000 | +1400 | +1400 | +900 | +1300 | |
 Brock Purdy | +2000 | +2200 | +1800 | +2000 | +2000 | +2000 | |
 Jordan Love | +2000 | +2200 | +2000 | +1800 | +2200 | +1800 | |
 Jayden Daniels | +2000 | +2500 | +2000 | +2200 | +2200 | +2000 | |
 Trevor Lawrence | +2000 | +2500 | +2500 | +1600 | +2000 | +1800 | |
 Sam Darnold | +2800 | +3000 | +2800 | +3000 | +2500 | +2800 | |
 Jalen Hurts | +2800 | +2500 | +2800 | +3500 | +2500 | +3000 | |
 Bo Nix | +3300 | +3500 | +3500 | +3000 | +3500 | +3500 | |
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2026-27 NFL MVP Odds
All AFC
LATEST UPDATE: There's a common theme atop BetMGM's NFL MVP odds for the 2026 season: AFC quarterbacks. Buffalo Bills QB Josh Allen opened as the +600 favorite, and he's at +650 as of July 28.
"As things stand today, Josh Allen would actually be a good result for us," BetMGM trading manager Hal Egeland said. "Whether that's due to his shorter odds as the favorite or bettors being hesitant to back a previous winner, the interest simply hasn't been there to the same extent as some of the other contenders."
Allen, who won the 2024-25 MVP award, is followed by four more AFC signal-callers:
- Baltimore Ravens QB Lamar Jackson +850
- Cincinnati Bengals QB Joe Burrow +900
- Kansas City Chiefs QB Patrick Mahomes +1000
- Los Angeles Chargers QB Justin Herbert +1200
"Patrick Mahomes falls into a similar category as Allen. Despite being one of the sport's biggest stars, he's generated relatively modest support so far and would also be a favorable outcome for us."
The first NFC player listed in 2026 NFL MVP odds: Dallas Cowboys quarterback Dak Prescott, the +1400 co-sixth choice. Joining Prescott: Another AFC QB, the New England Patriots' Drake Maye, and Los Angeles Rams QB Matthew Stafford, the reigning MVP.
Tickets, Money, Liability
LATEST UPDATE: Although Allen is among the more popular plays right out of the gate, he's not No. 1 in either tickets or money. Nor is Jackson, Maye or Burrow.
The top ticket taker in BetMGM's NFL MVP futures odds is Burrow, followed by Chicago Bears QB Caleb Williams (+1600).
"Joe Burrow has once again emerged as one of the most popular offseason MVP bets," Egeland said. "He's essentially tied with Justin Herbert for the most money wagered in the market, making both quarterbacks among our larger liabilities at this stage."
Williams is coming off a breakout Season 2, with 27 touchdown passes against just seven interceptions in the regular season.
"Caleb Williams has also attracted a healthy amount of action. While he's not quite at the level of Burrow or Herbert from a liability standpoint, he would still be a losing result for us if the award were decided today."
Williams also had 388 rushing yards and three TDs. He helped the Bears notch a Wild Card win over Green Bay before they bowed out to the Rams in the Divisional Round.
The top five in tickets in BetMGM's odds to win NFL MVP:
- Burrow
- Williams
- Herbert
- Denver Broncos QB Bo Nix (+3500)
- Allen
Money is even more interesting in this market. Herbert leads, taking 1.5 times more than Burrow, who is No. 2 in money at BetMGM.
Of course, Mahomes has an intriguing storyline, coming off a torn ACL in Week 15 of the 2025-26 season. The Chiefs QB is sixth in tickets and fourth in dollars.
The top five in dollars in BetMGM's NFL MVP 2026-27 odds:
- Herbert
- Burrow
- Williams
- Mahomes
- Detroit Lions QB Jared Goff (+3500)
As of July 22, Burrow is BetMGM's largest liability among the favorites. Bettors are banking on the Bengals QB staying healthy this season, after a turf toe injury took out Burrow in Week 2 last season. He didn't return until Week 13.
"On the flip side, we're in a relatively strong position with several high-profile quarterbacks, including Allen, Mahomes, Prescott, Drake Maye, Jackson and Jayden Daniels," Egeland said.
"It's still very early, and this market can change dramatically once games begin. But two other names that haven't generated much betting interest yet and could be considered somewhat under the radar are Matt Stafford and Trevor Lawrence."
Stafford is sixth in tickets but third in money. Lawrence, the Jacksonville Jaguars QB, is way down the list at +5000, 24th in tickets and tied for 14th in money in BetMGM's NFL MVP futures.
"Our biggest concerns aren't necessarily the players at the top of the odds board," Egeland said. "Some of our worst outcomes are tied to longer-priced candidates, including Aaron Rodgers at 125/1, Jalen Hurts at 30/1 and Saquon Barkley at 200/1."
Rodgers remains with the Pittsburgh Steelers, saying his 22nd NFL season will be his last. Hurts and Barkley hope to get the Philadelphia Eagles back into their Super Bowl-winning form of the 2024-25 season.
Opening NFL MVP Odds
BetMGM first posted 2026-27 NFL Most Valuable Player odds in February. Below are opening odds on which player will win the NFL MVP award:
- Bills QB Josh Allen +600
- Ravens QB Lamar Jackson +700
- Patriots QB Drake Maye +900
- Bengals QB Joe Burrow +1000
- Chiefs QB Patrick Mahomes +1100
- Chargers QB Justin Herbert +1100
- Cowboys QB Dak Prescott +1200
- Rams QB Matthew Stafford +1400
- Jaguars QB Trevor Lawrence +1400
- Bears QB Caleb Williams +1600
- Packers QB Jordan Love +1600
- Commanders QB Jayden Daniels +2000
- 49ers QB Brock Purdy +2000
* No other players opened shorter than +2500
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 51 times. Los Angeles Rams QB Matthew Stafford earned his first NFL MVP award following the 2025-26 season.
Before last season kicked off, Stafford opened at +5000 in NFL MVP odds. So if you'd bet $100 on Stafford at those odds, then you would've won $5,000.
NFL MVP Winners
As noted above, last season, Matthew Stafford took home the first MVP award of his career, for the Los Angeles Rams. Recent NFL MVP winners, with opening odds in parentheses:
2025-26 - L.A. Rams QB Matthew Stafford (+5000)
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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