The Huddle Up Awards

Patrick Mahomes (+200) New Favorite to Win

Oddsmakers price Chiefs quarterback Patrick Mahomes (+200) as the current favorite in the NFL MVP Race based on NFL odds

Mahomes took over the mantle from Bills quarterback Josh Allen after Week 6. Mahomes, a two-time MVP already, is looking to become the seventh player in NFL history to win a trio of MVP awards.

Entering Week 7, oddsmakers view the MVP race as a three-horse contest. Reigning NFL MVP Josh Allen (+275) sits closely behind Mahomes with Baker Mayfield (+350) third on the board.

Mayfield is seeking his first MVP honor. Allen, with a win, would become the second player since 2020 to win back-to-back MVP awards.

For the full list of MVP odds, head to the BetMGM online sportsbook

NFL Awards 2025 Odds Hub

NFL MVP Race Odds

Who is Predicted to Win NFL MVP Race in 2025? 

Chiefs quarterback Patrick Mahomes (+200) is the current favorite to win NFL MVP. At that price, Mahomes possesses an implied probability of 33.3% to claim this year’s honor. 

Josh Allen (+275) holds an implied probability of 36.4% to win the award while Baker Mayfield (+350) maintains an implied probability of 22.2%.

Read More: Super Bowl MVP Odds

NFL MVP By Year

Year NFL Most Valuable Player
2024 Josh Allen
2023 Lamar Jackson
2022 Patrick Mahomes
2021 Aaron Rodgers
2020 Aaron Rodgers
2019 Patrick Mahomes
2018 Lamar Jackson
2017 Tom Brady
2016 Matt Ryan
2015 Cam Newton
2014 Aaron Rodgers
2013 Peyton Manning
2012 Adrian Peterson
2011 Aaron Rodgers
2010 Tom Brady

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