NFL MVP Odds: Rodgers Is Catching up to Wilson

Despite being one of the best quarterbacks in the NFL since entering the league eight years ago, Russell Wilson has notoriously never received a vote for the NFL MVP Award. According to the sportsbooks’ early NFL MVP odds, that’s likely to change in 2020.

For the first time ever, Wilson is the favorite to become NFL MVP at ​Bovada. The 31-year-old is the +170 front-runner, with Aaron Rodgers (+285), Patrick Mahomes (+300), Josh Allen (+1000) and Lamar Jackson (+1400) trailing him.

The Seahawks now rank third on the Super Bowl oddsboard, behind only the Kansas City Chiefs and Baltimore Ravens.

Here’s a look at the players with the best odds to win the 2020 NFL MVP Award at Bovada. For a full list of the top places to bet on football, head over to our Best NFL Sites page.

Who Is Favored to Win the NFL MVP Award?

2020 NFL MVP Odds
Player Odds
Russell Wilson +170
Aaron Rodgers +285
Patrick Mahomes +300
Josh Allen +1000
Lamar Jackson +1400
Tom Brady +2000
Ben Roethlisberger +2500
Dak Prescott +2500
Cam Newton +3300
Derrick Henry +3300
Baker Mayfield +5000
Kyler Murray +5000
Drew Brees +6000
Matthew Stafford +6000
Deshaun Watson +7000
Ryan Tannehill +7000
Jared Goff +8000
Carson Wentz +10000
Matt Ryan +10000
Philip Rivers +10000

Odds as of October 7 at Bovada

Wilson is on Cruise Control in 2020

Wilson, who was +1200 prior to the start of the season, has been on fire through four weeks.

He’s off to a historic start for the undefeated Seahawks, completing 75.2 percent of his passes for 16 touchdowns and just two interceptions. Wilson ranks third in the league in passing yards (1,285) and has thrown for 300 or more yards in three out of four contests. Seattle ranks second in the league with 35.5 points per game and is the clear front-runner in the tough NFC West.

Seahawks head coach Pete Carroll appears to have departed from the run-first strategy the team has employed the past few years in order to let Wilson do his thing through the air. The Seahawks look like one of the top teams in the NFL, and Wilson doesn’t appear to be slowing down any time soon.

Rodgers is Making His MVP Case

Rodgers is the type of player who has always played with a chip on his shoulder despite his status as one of the best signal-callers of all time. There was plenty of talk in the offseason about Rodgers not being an elite quarterback anymore, and No. 12 is proving his doubters wrong in a big way in 2020.

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Rodgers has completed 70.7 percent of his passes while throwing for 1,214 yards and 13 touchdowns without turning the ball over. He’s coming off a game in which he torched the Atlanta Falcons for 327 yards and four scores, an especially impressive feat considering Davante Adams and Allen Lazard weren’t able to suit up for the green and gold.

Green Bay looks like a force to be reckoned with in the NFC and Rodgers could be in line to earn the third MVP award of his career if he keeps up this pace.

Can Jackson Go Back to Back?

There were plenty of questions surrounding Jackson when he entered the 2018 NFL Draft, but the former Heisman Trophy winner answered all of those last year to become the 17th signal-caller since 2000 to become MVP. Marshall Faulk (2000, 2001), Shaun Alexander (2005), LaDainian Tomlinson (2006) and Adrian Peterson (2012) are the non-quarterbacks to win the award in that span.

Just how much of a surprise was Jackson’s triumphant 2019 campaign? The Louisville product opened the year as a +4100 long shot to garner the bragging rights as the best player in the NFL. He ended the season with 36 touchdowns and 3,127 passing yards while throwing only six interceptions.

More impressively, Jackson broke Michael Vick’s record for most rushing yards in a single season by a quarterback, finishing with 1,206 yards on the ground and seven scores.

The 2020 campaign hasn’t been nearly as dominant for Jackson, as he’s slipped to fifth on the oddsboard. Baltimore recovered from a tough Week 3 loss to the Chiefs by topping Washington 31-17 in Week 4, but Jackson’s numbers aren’t up to MVP standards right now, and he has plenty of catching up to do in order to pass the four men ahead of him.

For more football betting information, check out our NFL page.

How to Bet on NFL MVP Odds

Popular NFL bets include point spreads and totals (OVER/UNDER). For those looking for something different, you can wager on which player will be named MVP. As football season progresses, you’ll see the MVP action changing. To get in on the action, you can make a futures bet.

What is a Futures Bet?

A futures wager is a bet on events that will take place in time, like the Most Valuable Player award in the NFL. At your betting site of choice, you’ll see NFL MVP odds listed like so:

Dak Prescott +200

Tom Brady +250

Patrick Mahomes +400

Lamar Jackson +700

Unlike a moneyline bet where favorites would be marked with the minus sign (-) and underdogs with the plus sign (+), the fave here would be the player with the lowest odds. In this case it’s Dak Prescott.

Let’s say you have $55 to spend and you decide that you like Mahomes for MVP. A winning bet would give you a payout of $275 – your original $55 is returned along with your loot of $220. The higher the odds, the more money you’ll see. But, don’t bet on a +5000 MVP candidate in September in the hopes that you’ll make bank at the end of the regular season. Oddsmakers don’t only look at current performance when setting the odds. They also look at past performance, off-season activities and training camp.

Our Odds Calculator can show you how much you’d win based on the odds and amount wagered.

With futures bets, it’s important to snag odds early. As we get closer to the Super Bowl, the lines will move. Oddsmakers update the odds as players up their production or are plagued by injuries. Keep in mind that if you were to back a player in the MVP race and he suffers a season-ending injury, most sportsbooks will give you your money back since you technically didn’t lose the bet and have no way of winning it.

As soon as the Most Valuable Player trophy is awarded to the winner, sportsbooks will update the betting results and you can cash out your bet.

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