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Betting

2025 NFL MVP opening odds: Patrick Mahomes favored, Josh Allen close second

Super bowl 2024 concluded a wild season that saw some of the craziest line movement we have seen in NFL history, and the best part is that we get to do it again eight months from now.

The opening odds for the 2025 NFL MVP award have superstar quarterback and reigning champion Patrick Mahomes as the favorite at +600 on BetMGM Sportsbook.

He is followed by Josh Allen (+800), Joe Burrow (+900), CJ Stroud (11/1), Lamar Jackson (12/1), Justin Herbert (14/1) and Dak Prescott (14/1).

The opening list, as to be expected, features quarterbacks since a signal caller has won the award for each season dating back to 2012.

Mahomes is a two-time MVP winner, grabbing hardware in 2018 and 2022 as the league’s best player.

In the time between Mahomes’ first MVP award, there were a pair of repeat winners in Lamar Jackson – the reigning MVP – and back-to-back winner Aaron Rodgers.

It would be foolish to discount Bills quarterback Allen’s chances, though.

Allen was the only player besides Jackson to receive a first-place vote for the award this past season, coming in from FTN’s Aaron Schatz.

2025 NFL MVP odds

PlayerOdds
Patrick Mahomes +600
Josh Allen+800
Joe Burrow +900
CJ Stroud11/1
Lamar Jackson 12/1
Justin Herbert14/1
Dak Prescott 14/1
Jordan Love16/1
Brock Purdy16/1
Jalen Hurts 16/1
Matthew Stafford20/1
Tua Tagovailoa25/1
Trevor Lawrence25/1
Aaron Rodgers25/1
Anthony Richardson35/1
Kirk Cousins35/1
Jared Goff40/1
Justin Fields 50/1
Kyler Murray50/1
Baker Mayfield66/1
Deshaun Watson66/1
Odds provided by BetMGM
Lamar Jackson was a near unanimous NFL MVP winner.
Lamar Jackson was a near unanimous NFL MVP winner. Getty Images

ESPN’s Stephen A. Smith called Schatz’s vote “a stupid homer vote,” and said he was “probably scared to go back in the locker room if he had voted against Josh Allen”

“That compromises everything,” Smith said. “You have to be objective when you have a vote. And that writer — I don’t know who the hell it was — but that’s an embarrassment.”

Schatz is not a beat writer of the Bills, though, and defended his vote by stating that Allen scored the most touchdowns at the position this year.

Josh Allen might not be able to beat Patrick Mahomes on the field in the playoffs, but maybe he can on the awards ballots.
Josh Allen might not be able to beat Patrick Mahomes on the field in the playoffs, but maybe he can on the awards ballots. Getty Images

Still, there were varying cases for players at different points of the season.

Jalen Hurts was favored for much of the season, while Brock Purdy sat at favorite status (around -300) for much of the second half.

One bettor had a ticket on Purdy at 100/1, where a $2,000 bet would’ve won $200,000. They wound up selling the bet for $125,000 on PropSwap before Purdy got bombed against the Ravens on Christmas Day.

His odds then plummeted to +900 or higher at different sportsbooks.


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It’s one of the best sports betting ticket sales in the history of the industry, as Jackson ended up being the near-unanimous MVP.

At different points, Prescott was trending towards favorite status midway through the season as well.

This award will be highly criticized and talked about throughout the offseason and into the regular season.