NFL MVP odds are one of several NFL futures markets available at licensed Michigan sportsbooks. You can bet on who will win the award at moneyline odds available almost all year long. You lock in the odds at the time you place an NFL MVP futures bet, but these odds can and will be adjusted for future betting as the season continues.

MVP odds are typically better in the offseason, preseason, and early season for the players who ultimately emerge as favorites. See below for up-to-date odds from Michigan online sportsbooks for all NFL MVP contenders, more on the NFL MVP Award itself and the favorites to win the award this NFL season.

Updated NFL MVP odds

Here’s a look at current NFL MVP odds as posted at Michigan online sportsbooks; click on any odds to claim your bonus and get your bets in:

How NFL MVP futures bets work

A quick look at the Michigan NFL MVP Awards futures markets should tell you everything you need to know about betting on the NFL.

You’ll see the names of a variety of players, almost always with positive odds numbers beside each name. For example, you might see 2018 NFL MVP winner Patrick Mahomes with the number +400 beside his name. Or, you might see current favorite Josh Allen with a +125 next to his name.

Until a player is running away with the MVP award and no one else can win, these numbers will remain positive figures. What that means is that most of the time, no player is a true odds-on favorite to win NFL MVP.

Positive odds numbers indicate how much you stand to win for every $100 you bet. Plus, you’ll also get your original bet back if you do win. That means, at the odds listed above, a $100 bet on Patrick Mahomes to win would pay $400 (not including the money wagered) if Mahomes wins the award. It also means a $50 bet on Mahomes would pay out $200.

Should one player dominate the league so much it’s almost impossible there will be another MVP winner, that player will end up with a negative odds number beside his name. Negative odds numbers indicate how much you need to bet to stand to win $100, plus your bet back.

If one player is running away with the MVP award, he will be a true odds-on favorite to win NFL MVP and you might see his odds adjusted to -120. That means you’ll have to bet $120 to win $100, plus your $120 bet back.

Of course, all this is a wash if the season is canceled for any reason. The cancellation of the NFL season should mean all NFL MVP futures bets are returned.

NFL MVP trends

nfl draft detroit lionsSome trends do emerge when you look at a list of NFL MVP Award winners.

Since 1961, the award has gone to an offensive player all but three times: Minnesota Vikings defensive tackle Alan Page in 1971, Washington Redskins placekicker Mark Moseley in 1982, and New York Giants linebacker Lawrence Taylor in 1986.

Plus, the award is almost always given to a quarterback. Since 1961, 43 QBs have won the award. A total of 16 running backs make up the other MVP winners on the offensive side of the ball. No wide receiver, tight end, or other offensive lineman has ever won.

QBs are also currently on an nine-year winning streak, dating back to 2012 when the Minnesota Vikings’ Adrian Peterson was the last running back to win MVP.

Detroit Lion Barry Sanders was named co-MVP in 1997 alongside Green Bay’s Brett Favre.

Outside of Cleveland Browns running back Jim Brown, who won MVP in 1965 and twice before it was officially the MVP award, no running back has ever won the MVP award twice.

However, there have been five QBs who have won the NFL MVP Award more than once over the past 25 years. This includes:

  • Brett Favre (1995, 1996, 1997)
  • Kurt Warner (1999, 2001)
  • Peyton Manning (2003, 2004, 2008, 2009, 2013)
  • Tom Brady (2007, 2010, 2017)
  • Aaron Rodgers (2011, 2014, 2020, 2021)

Add it up, and it’s easy to see why most Michigan sportsbooks are currently offering lower odds on quarterbacks more than any other position.

The past 15 NFL MVPs

Here’s a look at the AP NFL MVP winner over the past 15 seasons:

  • 2021, Aaron Rodgers, QB, Green Bay Packers
  • 2020, Aaron Rodgers, QB, Green Bay Packers
  • 2019, Lamar Jackson, QB, Baltimore Ravens
  • 2018, Patrick Mahomes, QB, Kansas City Chiefs
  • 2017, Tom Brady, QB, New England Patriots
  • 2016, Matt Ryan, QB, Atlanta Falcons
  • 2015, Cam Newton, QB, Carolina Panthers
  • 2014, Aaron Rodgers, QB, Green Bay Packers
  • 2013, Peyton Manning, QB, Denver Broncos
  • 2012, Adrian Peterson, RB, Minnesota Vikings
  • 2011, Aaron Rodgers, QB, Green Bay Packers
  • 2010, Tom Brady, QB, New England Patriots
  • 2009, Peyton, Manning, QB, Indianapolis Colts
  • 2008, Peyton Manning, QB, Indianapolis Colts
  • 2007, Tom Brady, QB, New England Patriots

More NFL futures

In addition to NFL MVP, there are several other annual NFL awards you can bet on in the futures markets at Michigan sportsbooks. This list includes:

  • AP Offensive Player of the Year
  • AP Defensive Player of the Year
  • AP Comeback Player of the Year
  • Offensive Rookie of the Year
  • Defensive Rookie of the Year
  • Coach Of The Year

Don’t forget that there are oodles of NFL props out there to bet on each week and throughout the regular season. Plus, there are other team and player NFL futures markets at Michigan sportsbooks, including:

  • QB totals
  • RB totals
  • WR/TE totals
  • Team win totals
  • Teams to make the playoffs
  • Super Bowl and championship futures
  • Conference and division winners

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Best Michigan betting apps for NFL futures

You can bet on the NFL MVP futures market using your smartphone or tablet in Michigan.

Betting with a Michigan mobile sports betting app gives you the chance to take advantage of various bonus offers and get futures bets down quickly before these operators have a chance to adjust the odds following games that will surely impact the markets.

DraftKings, BetMGM, and FanDuel Sportsbook have some of the best apps on the market. Here’s why:

DraftKings Sportsbook

DraftKings Sportsbook in Michigan has one of the largest NFL MVP futures markets available. The DraftKings Sportsbook app is available on iOS and Android devices, and comes with a sign-up bonus of up to $1,250, including a $50 bonus bet with a minimum $5 deposit, and a 20% matched first deposit bonus of up to $1,000.

BetMGM Sportsbook

BetMGM online sports betting also has a good variety of NFL MVP futures options. The app is available on iOS and Android devices and it comes with a first bet offer of up to $1,000 paid back in bonus bets if the first bet loses.

FanDuel Sportsbook

FanDuel Sportsbook‘s MVP futures market aims to please by offering competitive odds. The FanDuel Sportsbook app is available for iOS and Android devices and comes with an offer of $2,500 in bonus bets if your No Sweat First Bet loses.

Michigan NFL MVP FAQ

The AP NFL MVP Award is voted upon by a panel of 50 sportswriters and broadcasters who cast these votes at the end of the regular season in advance of the playoffs. There’s no secret to calculating the votes: Each of the 50 voters casts a ballot and the player with the most votes wins. The panel is made up of journalists and broadcasters who follow the NFL. They are chosen based on expertise and most remain on the panel for many years. Troy Aikman, Cris Collinsworth, Tony Dungy, and Herm Edwards are among the former NFL players and coaches turned broadcasters who make up the voting panel today.

Retired NFL quarterback Peyton Manning has won a record five NFL MVP awards. Manning won four MVPs with the Indianapolis Colts (2003, 2004, 2008, 2009) and one with the Denver Broncos (2013) making him the only player in history to win the MVP award with two different teams.

Aaron Rodgers moved into second place on his own with four total. Rodgers won the honor in back-to-back seasons of 2020 and 2021.

Lamar Jackson became just the second unanimous pick for MVP in 2019, joining Tom Brady who became the first-ever unanimous NFL MVP in 2010.

There hasn’t been much controversy surrounding the NFL for at least a decade. Before that, the biggest controversy may have been that Brady wasn’t unanimously voted NFL MVP in 2007 when he threw for a record 50 touchdowns and led the Patriots to the NFL’s first 16-0 season. Somehow, someone voted for Brett Favre that year.

Peyton Manning wasn’t a unanimous selection in 2004 either, when one writer voted for Atlanta Falcons QB Michael Vick, who posted almost 1,000 yards rushing and over 2,000 yards passing that season.

Manning won again in 2009 and that stirred up even more controversy. Tennessee Titans running back Chris Johnson became only the sixth player to rush for over 2,000 yards that year.

He won the NFL rushing title with 2,006 yards, broke former NFL MVP Marshall Faulk‘s total yards from scrimmage record, and was named the NFL’s Offensive Player of the Year, but Manning still won MVP.

But perhaps the biggest slight in MVP voting history centers around wide receiver Jerry Rice. Without a doubt, the best wide receiver in NFL history received MVP votes in six seasons, but never enough to become the first and only wide receiver ever to win the award.

Set some kind of NFL record as a quarterback, and you’re a good bet to win NFL MVP.

Lamar Jackson did it in 2019, setting the record for the most rushing yards in a season while simultaneously leading the league in TD passes. That got him 50 out of 50 NFL MVP votes. Peyton Manning did it in 2013, throwing for a record 5,477 yards and a record 55 TDs on the way to his record fifth NFL MVP award.

Then again, the MVP is as much about winning as it is stats. Manning proved that in 2009 when he threw for 4,500 yards, 33 TDs, and 15 interceptions, a sub-par year by his standards, but still good enough to win MVP because the Colts finished 14-2. Even in a year when Tennessee Titans running back Chris Johnson became only the sixth player in history to post over 2,000 yards rushing.

Repeat MVP winner bets have been the hottest in the NFL futures markets over the past 25 years. No less than five quarterbacks have won the NFL MVP Award more than once over that time. They are:

  • Brett Favre (1995, 1996, 1997)
  • Kurt Warner (1999, 2001)
  • Peyton Manning (2003, 2004, 2008, 2009, 2013)
  • Tom Brady (2007, 2010, 2017)
  • Aaron Rodgers (2011, 2014, 2020, 2021)

Analytics is just a fancy word for statistical analysis. But, no matter what you call it, analytics truly drive NFL MVP voting and have for years.

Quarterbacks simply put up more stats than any other players in the NFL and have consequently received more NFL MVP awards and votes than any other players in NFL history.

The 50 writers and broadcasters who vote for MVP have to base that vote on something and by all accounts, they’ve been basing it on stats, and analytics, for decades. There is no MVP stat or analytic that can tell you the value of a player to his team. That’s probably why defensive players have received so few NFL MVP awards.

The NFL MVP betting market is one of several NFL futures markets available almost all year round at licensed Michigan sportsbooks. You lock your bet at the currently posted odds when you place an NFL MVP futures bet. However, these odds will be adjusted for future betting as the season goes on.

For the most part, this means the offseason, preseason, and early season is the best time to place an NFL MVP futures bet. The odds are only going down on the players who emerge as favorites.

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