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Current NFL MVP odds will be listed as either a positive or a negative number (in most cases for NFL MVP odds, it will be a positive number). For example, it's still early, but the most updated NFL MVP odds at BetMGM show Joe Burrow is listed with a positive number (+650).
This positive number indicates how much money you will win with a $100 bet, which in Burrow's +650 odds case is $650. A negative number (e.g., -150) illustrates how much money you need to bet in order to win $100. You can usually find these wagers in the NFL futures section of the top online sportsbooks.
The NFL Most Valuable Player odds can vary depending on which online sportsbook you place your wager at. Here are the six leading sports betting apps that offer NFL Most Valuable Player odds, along with their flagship introductory offer.
Kansas City Chiefs quarterback Patrick Mahomes (15) is a perennial candidate for Most Valuable Player in the NFL. He won the award in 2022 and in 2018. (Photo by Kareem Elgazzar/USA TODAY Sports)
NFL MVP odds can vary by notable amounts, so your best option is to review the odds from various NFL betting apps and then pick the one that has the highest payout for the player you think will win the 2023-24 NFL MVP award. You can start with the current MVP odds NFL at BetMGM:
The odds to win NFL MVP are not based solely on how a player does on the field, as the voters have shown that they take other factors into account when deciding who will win this award. Keeping that in mind, here are some things to consider when reviewing 2023-24 NFL MVP betting odds. These tips can also help when you are thinking about making wagers based on NFL odds.
The favorites for this award are almost always quarterbacks from the best teams in the NFL, so field generals such as Josh Allen, Joe Burrow, Justin Herbert, Jalen Hurts or Patrick Mahomes will tend to be the leaders when it comes to NFL MVP odds. Players from other positions almost never join this favorites category, as it has been 16 seasons since a non-quarterback won this award.
It's not unheard of for underdogs to win the Most Valuable Player award, as over the past eight years Lamar Jackson (2019), Matt Ryan (2016) and Cam Newton (2015) all won this honor despite being Most Valuable Player underdogs coming into the season. This is a good reason to consider wagering on 2023-24 NFL MVP underdogs such as Tua Tagovailoa (+1400), Trevor Lawrence (+1400), Aaron Rodgers (+1400) or Dak Prescott (+1600). All of these odds are via BetMGM.
Super Bowl NFL futures markets are made available right after the end of the previous season's Super Bowl and NFL MVP futures are often posted very early in the offseason. For those of you still learning how to bet on sports, this allows you to get ahead of the betting curve by placing your NFL futures wagers before the season gets underway and thus can be a profitable approach if you pick players whose upside has yet to be fully acknowledged by the betting public.
Cincinnati quarterback Joe Burrow (9) has established himself and the Bengals as forces to be reckoned with in the AFC. (Photo by David Butler II/USA TODAY Sports)
Choosing the best odds to win NFL MVP can be a multi-faceted process, so many savvy sports bettors use various methods to do so. These include the following:
Players who have an established track record of success tend to have an easier time getting NFL Most Valuable Player votes than players who have yet to prove themselves capable of being consistent performers at the highest level.
Here are four 2023 NFL MVP candidates who have displayed this consistency (odds per BetMGM):
To highlight how to choose the best sportsbooks for placing your NFL MVP wagers, consider Joe Burrow's current NFL MVP odds at BetMGM (+650), Caesars Sportsbook (+750), DraftKings (+750) and FanDuel (+700).
The betting public at BetMGM thinks that Burrow has a greater chance of winning the 2023-24 NFL MVP than bettors at the other online sportsbooks, but savvy bettors who think Burrow will garner this award will place that bet at Caesars Sportsbook or DraftKings due to the higher payout level there.
These sportsbooks also offer guidance for how to bet on the NFL and how to bet on the Super Bowl, as well as providing information on NFL Most Valuable Player betting odds.
In addition to a wager directly on 2023 NFL MVP odds or for making NFL picks and predictions, you can also place a bet on certain players versus the field. For example, Caesars Sportsbook offers -240 odds on any player other than Patrick Mahomes, Joe Burrow or Josh Allen to win the NFL MVP.
You can also make NFL MVP parlay wagers as part of a multi-legged bet that can be combined with other NFL futures such as a Week 1 wager, over/unders on team win/loss totals or if an NFL team will qualify for the playoffs in the 2023 season. Payouts are bigger for successful NFL parlays because the risk is greater.
Since the NFL Most Valuable Player odds can vary depending on where you place your bets, you may want to consider signing up for a new account using one or more of the top sportsbook promo codes. Here is an overview of six of those deals, along with one or more areas where each sports betting app stands out, plus who is currently the NFL Most Valuable Player odds leader at that sportsbook.
BetMGM is one of the best places to make parlay wagers, as it has an Easy Parlay feature that lives up to its name. It also offers additional wager protection through its Cash Out and Edit My Bet features. You can use these features by signing up for an account using the BetMGM bonus code USATODAY that has a first-bet offer that refunds an opening-wager loss up to $1,000 with bonus bets. BetMGM currently has Joe Burrow and Patrick Mahomes as the leaders to win the 2023 NFL Most Valuable Player award, as they are each listed with +650 odds.
Caesars Sportsbook posts more odds boosts than its competitors and it allows you to bet on individual players to win the NFL Most Valuable Player award or to wager on the field versus certain favorites. The Caesars Sportsbook promo code USATODAYFULL is for first-bet insurance up to $1,250 and will give you 1,000 Tier and Rewards Credits in Caesars Rewards. Patrick Mahomes is the 2023 NFL Most Valuable Player odds leader at Caesars Sportsbook with +650 odds.
FanDuel often has higher payouts for NFL Most Valuable Player award wagers than other online sportsbooks. The FanDuel promo code has a No Sweat First Bet up to $1,000 that offsets an first-bet loss with bonus-bet credit of equal value, up to $1,000. Josh Allen is the 2023 betting odds NFL MVP favorite at FanDuel with +700 odds.
In addition to having odds to win the NFL Most Valuable Player award, DraftKings also offers betting markets for individual awards such as Offensive or Defensive Rookie of The Year, Comeback Player of The Year and Coach of The Year. The DraftKings promo code grants new customers an opportunity to get $150 in guaranteed bonus bets in return for placing a real money opening wager of $5 or more. Win or lose, you will get six bonus bets, each worth $25. Patrick Mahomes is the leader in the 2023 Most Valuable Player odds at DraftKings at +700.
WynnBET's specialty is that its website and apps clear out the wagering clutter by concentrating on the most popular sports betting markets and wager types. The WynnBET promo code XUSATODAY has a Bet $20, Get $100 in bonus bets deal. You’ll automatically receive two $50 bet credits, but there are odds restrictions. Your first bet must be played on odds of -120 or better (meaning -121 or higher won’t work). Your $50 bonus bets must be played on odds of -150 or better.
BetRivers is an underrated online sportsbook, as it has an array of sports betting markets and wager types that matches or exceeds many other sports betting apps. Using the BetRivers promo code SPORTS generates a second-chance bet of up to $500, though the amount varies depending on your location. Patrick Mahomes is the BetRivers odds leader for the 2023 NFL Most Valuable Player award, as he has +700 odds.
Although there are many different elements in the various sportsbook promo codes, the process to sign up for these deals is quite similar. Here are five account registration steps that apply to each of them.
There are 24 states and the District of Columbia that currently post live NFL MVP odds and Super Bowl odds, as these locations have approved online sports betting for these particular markets.
That list will increase to include Kentucky betting apps and North Carolina betting apps by early 2024, as both of those states are in the process of finalizing legal online sports betting. Along with New Jersey, Michigan and Massachusetts, these are among the biggest sports betting markets in the US:
The NFL Most Valuable Player odds can shift throughout training camp, the preseason and the NFL regular season, so you will want the ability to place wagers at the most favorable opportunities. The best way to do this is to sign up for one or more of the online sportsbooks listed on this page and then keeping an eye on the odds adjustments throughout the year. These sportsbooks are also among the top Super Bowl betting sites, so you can make wagers all the way through to the big game.
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