The National Football League’s Most Valuable Player Award is handed out annually to the NFL player sportswriters and broadcasters agree was the most valuable to his team throughout the NFL regular season. You can now bet on who will win the award this season at licensed Michigan sportsbooks.
The NFL MVP Award is the Associated Press NFL Most Valuable Player Award. It is presented by the Associated Press to the player a panel of 50 sportswriters and broadcasters says is the most valuable to his team during the NFL regular season.
Since 2011, the NFL has held a ceremony awarding the MVP and other AP awards, including AP NFL Offensive Player of the Year and AP NFL Defensive Player of the Year. The NFL Honors awards ceremony is held annually the night before the Super Bowl.
The NFL MVP betting market is 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. The odds are typically better in the offseason, preseason, and early season for the players who ultimately emerge as favorites to win MVP.
Read on for more on the NFL MVP Award itself, Michigan NFL MVP futures markets, and the favorites to win the award this NFL season.
You can bet on who will win the NFL MVP Award during the offseason, preseason, and throughout the season. The odds are adjusted as the season continues, but you lock in the currently posted odds when you place an NFL MVP futures bet.
Here’s a look at the current Michigan NFL MVP futures market:
You should soon be able to bet on the NFL MVP futures market using your smartphone or tablet in Michigan.
Betting with a mobile sports betting app will give 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 Sportsbook, BetMGM, and FanDuel Sportsbook have some of the best apps on the market. Here’s why:
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 $1,025, including a $25 free bonus just for signing up, a 20% matched first deposit bonus of up to $1,000 risk-free first real-money bet.
BetMGM online sports betting will also has a good variety of NFL MVP futures options. The app will be available on iOS and Android devices and it should come with a sign-up bonus that includes a 100% deposit match worth up to $500.
FanDuel Sportsbook‘s MVP futures market aims to please by offering competitive odds. The FanDuel Sportsbook app will also be available for iOS and Android devices and should come with a $500 risk-free bet bonus offer for new players who make a deposit.
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 +380 beside his name or reigning NFL MVP Lamar Jackson with the number +700 beside his.
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 $480 if Mahomes wins the award. It also means a $50 bet on Lamar Jackson to win would pay a total of $400 if Jackson wins MVP.
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.
Some 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, 42 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 a seven-year winning streak, dating back to 2012 when the Minnesota Vikings’ Adrian Peterson was the last running back to win MVP.
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:
Add it up, and it’s easy to see why most Michigan sportsbooks are currently offering lower odds on 2018 NFL MVP winner Patrick Mahomes and reigning NFL MVP Lamar Jackson than most others ahead of the 2020 NFL season.
Betting on a QB to win NFL MVP in 2020 is a good idea. But you may want to take a flier at long odds on a running back, wide receiver or defensive player too.
Here’s a look at the top two QB NFL MVP candidates at the start of the season along with a few candidates from the other positions as well:
Here’s a look at the AP NFL MVP winner over the past 15 seasons:
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:
Plus, there are other team and player NFL futures markets at Michigan sportsbooks including:
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.
Fur players share second place with three MVP awards, including Jim Brown, Johnny Unitas, Brett Favre, and Tom Brady. Only Brady is still playing in 2020. Although, QB Aaron Rodgers is still playing and he has two NFL MVP awards.
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:
This is why the odds are lowest on 2018 NFL MVP winner Patrick Mahomes and reigning NFL MVP Lamar Jackson for 2020 NFL MVP right now. However, neither is an odds-on favorite just yet, making both a good bet.
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.