Get the latest NFL MVP betting odds and track movement for all top players during the 2023 NFL season.

All betting lines provided by BetMGM Sportsbook.

2023 NFL MVP Odds to Win

PlayerCurrent OddsOpening Odds
Jalen Hurts+140+1000
Patrick Mahomes+350+650
Lamar Jackson+500+1600
Tua Tagovailoa+800+1000
Dak Prescott+800+1400

Who is most likely to win NFL MVP?

Jalen Hurts is the favorite to win the 2023 NFL MVP at +140 odds. Followed by Patrick Mahomes (+350), Lamar Jackson (+500), Tua Tagovailoa (+800),  and Dak Prescott (+800).

Favorites to win the 2023 NFL MVP

Lamar Jackson to win MVP +500

The Ravens have struggled with injuries all season, but they remain in position for the No. 1 seed in the AFC thanks in large part to Jackson.

If they get that spot, Jackson should get some MVP votes.

» Bet it now: +500

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NFL MVP Betting Trends

  • The last 10 winners of the NFL MVP award have been quarterbacks.
  • Since 2001, only 3 non-quarterbacks have won NFL MVP – all were running backs.
  • Since 2001, every NFL MVP winner was on a team that won at least 11 games. Adrian Peterson’s MVP season was the only exception, with the Vikings winning 10 games in 2012.

When Should you bet on the NFL MVP?

If you’re betting on MVP favorites, you should place bets closer to the start of the season — that way you’ll keep funds in your account for an extra couple of months.

When placing a future bet like the 2023 NFL MVP, an important concept to understand is the time value of money, the concept that money is worth more now than the same sum will be worth in the future due to its earning potential in the interim.

Wagering now comes at an opportunity cost as the 2023 NFL MVP bet will not be graded until February 2024, tying up funds wagered for nearly 10 months.

Does this concept mean no MVP bets should be made until closer to the season? No, the offseason is a great time to identify mispriced higher-odds players that could have their odds shift significantly with roster changes. Also, the players with higher odds reduce the time value effect as the potential payout is higher.

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