2026 MLB MVP Odds | Odds Shark

The 2026 MLB MVP odds showcase the league's biggest superstars as a new season approaches. With fresh numbers on the board, the American League race features a strong favorite but plenty of challengers, while the National League has one clear frontrunner.

In the AL, Aaron Judge opens as the favorite once again after winning his third MVP in four years, followed closely by Bobby Witt Jr. and a rapidly rising group of young stars. In the NL, Shohei Ohtani is already priced as a dominant choice to win his third straight NL MVP after capturing his fourth overall MVP award in 2025.

AL MVP Odds

Odds To Win 2026 AL MVP
Player	Odds
Aaron Judge	+300
Bobby Witt Jr.	+500
Cal Raleigh	+750
Nick Kurtz	+900
Julio Rodriguez	+1000
Vladimir Guerrero Jr.	+1200
Jose Ramirez	+1300
Pete Alonso	+1500
Yordan Alvarez	+1500
Gunnar Henderson	+1600
Junior Caminero	+1700
Corey Seager	+2000

AL MVP Favorites

Aaron Judge claimed his third career AL MVP in 2025 after an absolutely dominant campaign, besting Cal Raleigh in one of the closest MVP races in MLB history by a 17-13 first-place vote margin. Judge led the majors with a .331 batting average while slugging 53 home runs and posting a ridiculous 1.145 OPS and 9.7 bWAR. He became the fifth player in the expansion era to lead MLB in batting average, on-base percentage, and slugging percentage in the same season.

While Judge has avoided serious injury for two straight seasons, he'll be 34 next year. As a big man playing outfield, some time off is inevitable. Still, he's worth +300 as a preseason bet given his incredible consistency, as this was his fourth straight season with an OPS above 1.000.

Bobby Witt Jr. (+500) is an intriguing value play after posting 8.0 fWAR in 2025 with a .295/.351/.501 slash line, 23 home runs, 38 stolen bases, and elite defense at shortstop. He won his second consecutive Gold Glove and led MLB with 184 hits and 47 doubles. Though his power numbers dipped from his monster 2024 season, Witt's defensive metrics were exceptional—Baseball Savant credited him with saving 20 runs above average, fifth-highest among all fielders.

Cal Raleigh (+750) deserves strong consideration after his historic 2025 campaign. The Mariners catcher shattered the single-season record for home runs by a catcher with 60 while batting .247/.359/.589 with 125 RBI. He posted 9.1 fWAR and helped Seattle reach the ALCS. His combination of elite offense and defensive value at baseball's most demanding position made him a deserving MVP finalist.

Value bets like Junior Caminero (+1700) and Gunnar Henderson (+1600) stand out down the board as emerging stars with massive upside.

NL MVP Odds

Odds To Win 2026 NL MVP
Player	Odds
Shohei Ohtani	-110
Juan Soto	+800
Ronald Acuna Jr.	+1200
Fernando Tatis Jr.	+1200
Francisco Lindor	+1500
Corbin Carroll	+1500
Elly De La Cruz	+1700
Kyle Schwarber	+2000
Manny Machado	+2000
Ketel Marte	+2200
Rafael Devers	+2500
Pete Crow-Armstrong	+2500
Trea Turner	+2800
Geraldo Perdomo	+2800
Mookie Betts	+3000
Bryce Harper	+3000

NL MVP Odds Favorite: Shohei Ohtani

Shohei Ohtani enters 2026 as an overwhelming NL MVP favorite as he guns for his third straight NL award and fifth MVP overall. Ohtani made history in 2025 by winning his fourth MVP unanimously—all four of his MVP awards have been unanimous, a feat no other player has accomplished. He now trails only Barry Bonds (seven MVPs) in total MVP awards won.

Ohtani's 2025 season was remarkable even by his standards. He slashed .282/.392/.622 with 55 home runs while successfully returning to the mound after his second Tommy John surgery. He posted a 2.87 ERA with 62 strikeouts in 47 innings over 14 starts. His two-way excellence continued into October, where he delivered perhaps the greatest individual postseason performance in history, pitching six scoreless innings with 10 strikeouts while hitting three home runs in Game 4 of the NLCS, earning NLCS MVP honors.

With a full season back on the mound in 2026, Ohtani's case becomes even more formidable. He led the NL in OPS (1.014), runs scored (146), and total bases (380) while also contributing 1.9 fWAR as a pitcher. The Dodgers won their second straight championship with Ohtani, and he's already paid for himself financially before even stepping on the field.

Juan Soto (+800) had a massive second half with the Mets in '25 and could challenge Ohtani, but it's hard to bet against the two-way superstar. Ronald Acuna Jr. (+1200) offers intriguing value if he can stay healthy and return to his 2023 40 homers-70 steals form. Kyle Schwarber (+2000) finished second in MVP voting after signing his five-year, $150 million deal to return to Philadelphia.

MLB MVP Award History

Recent MLB MVP Award Winners
	AL Winner	NL Winner
2025	Aaron Judge	Shohei Ohtani
2024	Aaron Judge	Shohei Ohtani
2023	Shohei Ohtani	Ronald Acuna Jr.
2022	Aaron Judge	Paul Goldschmidt
2021	Shohei Ohtani	Bryce Harper
2020	Jose Abreu	Freddie Freeman
2019	Mike Trout	Cody Bellinger
2018	Mookie Betts	Christian Yelich

Recently, outfielders and first baseman have had a grip on the MVP races and that's pretty true for most of MLB history. Judge and Ohtani have dominated the award recently, with Judge winning three MVPs in four years (2022, 2024, 2025) and Ohtani winning four MVPs in five years (2021, 2023, 2024, 2025)—the first player to win multiple unanimous MVPs and the only player to win MVP awards in both leagues multiple times.

Here are the all-time MLB MVP winners by position:

First Basemen: 37 MVPs
Right Fielders: 31
Left Fielder: 24
Center Fielders: 22
Starting Pitcher: 21
Third Basemen: 19
Catchers: 18
Second Basemen: 16
Shortstops: 16
Relief Pitchers: 4

MLB Teams With Most MVPs

Teams With the Most AL or NL MVPs
Team	MVP Winners
New York Yankees	25
St. Louis Cardinals	21
Los Angeles Dodgers	16
San Francisco Giants	14
Oakland Athletics	13

While MLB's most iconic franchises lead history with the most MVPs, three teams have never had an MVP:

Arizona Diamondbacks
New York Mets
Tampa Bay Rays

How To Read MLB MVP Odds

The above chart features the MLB MVP odds for each top player in the American League and National League. At your sportsbook of choice, betting lines for MVP could look something like this:

Mookie Betts +650

Ronald Acuna Jr. +1000

Freddie Freeman +1200

In essence, Betts is the favorite since he has the lowest odds and the highest chance of winning the prop, according to oddsmakers. If you were to bet $100 on Betts and he won, you would get a payout of $750 – your original $100 is returned along with your winnings of $650.

On the other hand, if you strongly believe that Freeman will shine in Los Angeles, a winning $100 bet on him would yield $1,300 – your $100 comes back along with your prize of $1,200.

Our odds calculator will show you how much you'd win based on the odds and amount bet.

MLB MVP Odds FAQ

Can I bet on MLB MVP odds?

You can bet on MLB MVP odds before and throughout an MLB season. In fact, you can wager on Major League Baseball’s American and National League Most Valuable Player. The MVP is an annual MLB award given to one outstanding player in the AL, and one in the NL. The MLB MVP has been awarded by the Baseball Writers' Association of America since 1931.

Has any MLB player won Rookie of the Year and MVP?

Fred Lynn and Ichiro Suzuki are the only two MLB players to ever win Rookie of the Year and Most Valuable Player in the same season, while Fernando Valenzuela is the only MLB player to win Rookie of the Year and the Cy Young Award in the same season.

MLB MVP Odds: Will Ohtani Win 4th Straight?