2026-27 NFL MVP Odds: Bills QB Josh Allen Opens as Favorite
NFL MVP odds for the 2026-27 season are already on the board, with the 2025-26 season wrapped up.
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 2025-26 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 | +600 | +550 | +600 | +600 | +550 | |
 Lamar Jackson | +750 | +700 | +650 | +650 | +750 | +700 | |
 Joe Burrow | +1000 | +1000 | +1000 | +1000 | +1000 | +1000 | |
 Patrick Mahomes | +1000 | +1000 | +1000 | +1000 | +1100 | +1100 | |
 Justin Herbert | +1000 | +1100 | +1000 | +1000 | +1100 | +1100 | |
 Drake Maye | +800 | +900 | +1100 | +1200 | +850 | +1000 | |
 Dak Prescott | +1400 | +1200 | +1300 | +1300 | +1300 | +1300 | |
 Caleb Williams | +1600 | +1600 | +1400 | +1500 | +1600 | +1500 | |
 Matthew Stafford | +1400 | +1400 | +1400 | +1400 | +1400 | +1400 | |
 Jordan Love | +1600 | +1600 | +1500 | +1500 | +1500 | +1500 | |
 Brock Purdy | +1800 | +2000 | +1800 | +2000 | +2000 | +2000 | |
 Jayden Daniels | +2000 | +2000 | +2000 | +2200 | +2000 | +2000 | |
 Trevor Lawrence | +1600 | +1400 | +2200 | +1500 | +1500 | +1600 | |
 Jalen Hurts | +3300 | +3500 | +2200 | +2800 | +3500 | +3000 | |
 Sam Darnold | +2800 | +2500 | +2800 | +3000 | +2700 | +2800 | |
 Baker Mayfield | +4000 | +5000 | +3500 | +4000 | +4500 | +4000 | |
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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, where he remains as of Feb. 10.
Allen, who won the 2024-25 MVP award, is followed by five more AFC signal-callers:
- Baltimore Ravens QB Lamar Jackson +700
- New England Patriots QB Drake Maye +900
- Cincinnati Bengals QB Joe Burrow +1000
- Kansas City Chiefs QB Patrick Mahomes +1100
- Los Angeles Chargers QB Justin Herbert +1100
The first NFC player listed in 2026 NFL MVP odds: Dallas Cowboys quarterback Dak Prescott, the +1200 seventh choice.
Then you finally get to 2025-26 winner Matthew Stafford. The Los Angeles Rams QB is at +1400, along with Jacksonville Jaguars QB Trevor Lawrence.
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.
Interestingly, Chicago Bears QB Caleb Williams is No. 1 in ticket count in BetMGM's 2026-27 NFL MVP odds. Williams is coming off a breakout Season 2, with 27 touchdown passes against just seven interceptions in the regular season. He also had 388 rushing yards and three TDs.
Williams 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:
- Williams
- Allen
- Denver Broncos QB Bo Nix (+3500)
- Burrow
- Mahomes
Money is even more interesting in this market. Mahomes, who tore his ACL in Week 15 of the 2025-26 season, is taking 6.1% of early bets at BetMGM. But he's the runaway leader in money, landing 22.6% of early dollars.
That's almost 1.5 times more money than Williams, who's No. 2. The top five in dollars in BetMGM's NFL MVP 2026-27 odds:
- Mahomes
- Williams
- Nix
- Allen
- Burrow
Still, with Williams' modestly longer odds, he's the top liability at BetMGM, followed by Nix, then Mahomes.
Another interesting note on early betting for NFL MVP odds: Incoming rookie QB Fernando Mendoza is tied for No. 9 in ticket count with Jackson and Love, and he's No. 11 in money. In fact, Mendoza is taking more money than reigning MVP Stafford.
Mendoza just led Indiana to a perfect 16-0 season and the national championship. Mendoza is widely expected to be drafted No. 1 overall by the Las Vegas Raiders, and he's +15000 (150/1) to win NFL MVP.
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:
- 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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