The NFL MVP odds for 2024-25 move up and down, so our team makes sure to follow them and share fresh predictions regularly. Lamar Jackson of the Baltimore Ravens took home the trophy last season, but can he do it again?
With the NFL loaded with elite quarterbacks, the MVP race has never been hotter and we have a running back in the mix now! Several top players are looking to win the MVP trophy after an exciting 2024-25 season.
But who is the best value on the board? Which sleeper should everyone keep an eye on this season? Keep reading to find the answers!
NFL MVP 2024-25 Betting Odds
The following NFL MVP odds for 2024-25 are courtesy of Bovada:
| PLAYER | ODDS |
|---|---|
| Josh Allen (BUF) | -600 |
| Lamar Jackson (BAL) | +300 |
| Joe Burrow (CIN) | +3000 |
| Saquon Barkley (PHI) | +6000 |
| Jared Goff (DET) | +15000 |
It’s officially a two-horse race as the regular season has come to a close! Buffalo’s Josh Allen (-600) is the runaway favorite at NFL betting sites, which are giving him an 85.7% chance of winning the award! Baltimore’s Lamar Jackson (+300) is behind him with an implied win probability of 25% to win the NFL MVP for the third time in his career. But both players have put up incredible resumes this season, and it’s a tougher choice than the 2025 NFL MVP odds are showing!
Cincinnati’s Joe Burrow (+3000) is the best of the rest with a 3.2% chance of winning, but I think Philadelphia’s Saquon Barkley (+6000) should be ahead of him. Barkley had an MVP shout after a 255-yard game against the Los Angeles Rams in November. He is the biggest reason that the Eagles are in the playoffs, while Burrow was let down by a poor defense and the Bengals missed the postseason. Detroit’s Jared Goff (+15000) is well out of the race, but he had a terrific season for the Lions, who won the #1 seed in the NFC.
The NFL MVP will be announced on February 8, 2025, which is the day before the Super Bowl.
You can find up-to-date odds to win NFL MVP at Bovada by navigating to All Sports > Football > NFL Awards & League Leaders > Most Valuable Player.
NFL MVP Betting Favorites for 2024-25
We have a few obvious candidates for the award, according to both the bookmakers and common sense. You simply can’t ignore them when betting on the NFL MVP, so let’s see what they have to offer.
Josh Allen (-600)
Allen led the Bills to a 13-4 record this season, and played just one snap in the season-ending 23-16 loss in New England. He completed 63.6% of his passes this season for 3,731 yards, throwing 28 touchdowns to six interceptions. Allen was also a force on the ground, picking up 531 yards and 12 rushing scores for the Bills.
The Sports Illustrated MMQB Staff voted Josh Allen as their 2024 MVP.#BillsMafia pic.twitter.com/X7vDmWF7qy
— Buffalo Fanatics (@BfloFanatics) January 9, 2025
The 28-year-old has also had a few signature moments during the NFL regular season. The biggest was leading the Bills to a 30-21 win over Kansas City on November 17, sealing the deal with a 26-yard rushing touchdown late in the game. Allen has been very efficient, not throwing an interception until the eighth game of the season!
He was second in the league in quarterback rating at 77.2, and did it with a supporting cast many wouldn’t bat an eye at. Running back James Cook had a great season, while third-year wideout Khalil Shakir was his favorite target. Allen did fail to reach the 200-yard passing mark in three of the last five games (not counting the New England game). But Allen took what the defenses gave him, and still threw five touchdowns to one pick over those games.
Allen has been a considerable NFL betting favorite in the NFL MVP odds for the last few weeks, and has a gigantic edge. Can he make it count for his first MVP award?
Lamar Jackson (+300)
However, Jackson has a strong case to win his third MVP award, and second in a row. He has completed 66.7% of his passes, and set career highs in yards (4,172), touchdowns (41), and the 28-year-old was picked off just four times all season! Jackson’s 915 rushing yards led all quarterbacks, and he came up just short of the first player to throw for 4,000 yards and rush for 1,000 yards in a single season.
Is Lamar Jackson on the verge of his THIRD MVP? pic.twitter.com/HKEhgVdLEu
— NFL Network (@nflnetwork) January 7, 2025
There are some that think the voters are leaning towards Allen simply because of voter fatigue, which has happened before in various sports (see Michael Jordan in the NBA). But Jackson has to be considered seriously in these NFL MVP odds. He led the league in quarterback rating at 77.5. Jackson also ran away with the best passer rating in the league, beating Allen 119.6 to 101.4.
He also has the head-to-head edge as the Ravens trounced the Bills 35-10 on September 29. In that game, Jackson was 13-of-18 for 156 yards and two touchdowns through the air, adding 54 yards and a score on the ground. Allen countered by going 16-of-29 for 180 yards, and had 21 rushing yards. The MVP of that game was Derrick Henry, who rushed for 199 yards and a touchdown.
That’s the argument against Jackson, is that he also had Henry, who rushed for 1,921 yards, finishing second to Barkley. But it’s not like the Ravens are loaded outside of Henry. Jackson’s supporting cast is better than Allen’s, but the Ravens aren’t the Dallas Cowboys of the 1990s.
Best NFL MVP Award Sleepers in 2024-25
The NFL MVP award usually goes to a big-name quarterback on a great team. However, there have been several longshots over the last few seasons to take home this award. Here are some of the best sleepers to win the MVP award and their respective odds.
Saquon Barkley (+6000)
This is a courtesy shoutout to Barkley, who rushed for 2,005 yards and 13 touchdowns. However, Barkley sat out the Eagles’ 20-13 season-ending win over his former team, the New York Giants. Barkley had a chance to break Eric Dickerson’s single-season record of 2,105 yards, which was done over 16 games. But Barkley also had, arguably, the best highlight of the season against Jacksonville in Week 9.
“Dad, how good was Saquon Barkley?” pic.twitter.com/J6LdetdyHs
— Football’s Greatest Moments (@FBGreatMoments) January 9, 2025
Barkley might have had a shot if he managed to break Dickerson’s record, or at least closed the gap in the NFL betting lines for the MVP odds. But he and the team decided that a Super Bowl was more important, and the Eagles didn’t have anything to play for in Week 18. However, it was a spectacular season for Barkley, who would have also had more touchdowns if the Eagles didn’t utilize Jalen Hurts and the “tush push” so much in goal-line situations.
2024-25 NFL MVP Prediction and Betting Pick
You can’t go wrong by picking either Allen or Jackson this season. Both have had outstanding campaigns, and they’re both deserving of the NFL MVP. Both will also be popular NFL playoff pick ‘em contest options this weekend in the NFL wild-card odds.
But I’m going to recommend a wager on Lamar Jackson at +300, strictly based on betting value. Allen at -600 doesn’t make any sense to bet, and Jackson has, in my opinion and many others out there, just as good of a chance to win it. Take Lamar Jackson with the value at +300 in these 2025 NFL MVP odds!
Who Are You Backing in the NFL MVP Race?
It was a tight race between the league’s best quarterbacks for the most prestigious individual award in football, but the odds are leaning towards Josh Allen. The NFL MVP odds for 2024-25 reflect that, but there is some great value in Lamar Jackson!
Who are you backing this year? Even if you don’t see your favorite in the odds above, that’s because I only cut the list to the top players. Bovada, one of the best sites for NFL betting online, features many more, so visit the sportsbook to place your wager and get a welcome bonus of up to $1,000 in the process!
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