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Betts and Trout Are Early MLB MVP Favorites

MLB MVP Betting Odds May 14 2020

With a 2020 MLB season coming in the form of 60 games, oddsmakers have already released betting odds for which players will win the American League and National League MVP awards, with past winners Mike Trout and Mookie Betts tabbed as the faves.

The best baseball betting sites have Trout at +105 to take his fourth AL MVP trophy with the Los Angeles Angels while listing Betts at +285 to make an immediate impact with his new squad, the Los Angeles Dodgers, by winning the NL award.

If this is your first time betting on baseball, here are some key links to bookmark for your baseball betting: 

World Series Odds | MLB Futures MLB Win Totals | Odds To Make Playoffs | Cy Young Odds | How To Bet On Baseball

Let’s look at each MLB league and determine some betting value for Most Valuable Player:

AL MVP Odds

For the fifth year in a row of tracking odds for American League MVP, Angels center-fielder Mike Trout is the favorite to take home the hardware and, really, it’s hard to make a case against him.

Last season, he hit a career-high 45 home runs while knocking in 104 runs and posting an incredible 1.083 OPS that topped the AL. He did all of that in 134 games on a roster that was significantly lacking in talent outside of an aging Albert Pujols.

Now, the Angels are looking to make a playoff push in a shortened 60-game regular season and got some added talent/protection in the batting order with 3B Anthony Rendon and are hoping for a healthy season from up-and-coming slugger/pitcher Shohei Ohtani.

This award is all but Trout’s to lose considering he won it last year while missing close to 30 games and is nearly the consensus pick, but stats aren’t always the way to a voter’s heart.

Odds to Win 2020 American League MVP
PlayerOdds
Mike Trout+105
Aaron Judge+1000
Gleyber Torres+1600
Francisco Lindor+1600
Yoan Moncada+1600
Alex Bregman+1800
Shohei Ohtani+1800
Matt Chapman+1800
Anthony Rendon+2500
Jose Ramirez+2500
Marcus Semien+2800
Vladimir Guerrero Jr.+2800
Matt Olson+3000
Xander Bogaerts+3000
Austin Meadows+3300
Gerrit Cole+3500
Rafael Devers+3500
Jose Altuve+3500
Eloy Jimenez+3500
Gary Sanchez+5000
George Springer+6000

Odds as of June 24 at Bovada

NL MVP Odds

Prior to the trade of Mookie Betts to the Los Angeles Dodgers, the front-runner to win the National League MVP was Ronald Acuna Jr. of the Atlanta Braves at +400. Now, his odds have moved to +600 with Betts in the picture and oddsmakers have Mookie at +285 to take home the hardware.

Switching leagues tends to not work well for baseball players statistically but with the temporary adoption of the DH for all teams in 2020, this may be something to overlook this time around. If Betts pulls this off, he could become the first player since Frank Robinson in 1966 to win MVP awards in both leagues.

Betts is a solid option to at least put up similar numbers in Dodger blue. Over the last four seasons with the Red Sox, he has either hit at least 30 home runs or knocked in 100 runs. He’ll be joining a batting order that was just as formidable as the Red Sox when it comes to players who can crush the ball.

Odds to Win 2020 National League MVP
PlayerOdds
Mookie Betts+285
Ronald Acuna Jr.+600
Christian Yelich+700
Juan Soto+800
Cody Bellinger+1200
Fernando Tatis Jr. +1200
Bryce Harper+1200
Freddie Freeman+1600
Javier Baez+1800
Nolan Arenado+2000
Pete Alonso+2000
Kris Bryant+3000
Paul Goldschmidt+3000
Manny Machado+3500
Eugenio Suarez+3500
Rhys Hoskins+4000
Jacob deGrom+4000
Max Scherzer+4500
Trevor Story+5000
Anthony Rizzo+6000

Odds as of June 24 at Bovada

Making a Futures Bet

A futures bet is a wager made on events or milestones that will happen in time. The MLB MVP bet is a form of futures betting because you are making a pick based on an outcome determined at the end of the MLB regular season. The trophy is given out in mid-December and if you want to get a bigger payout, it’s best to lock in your bets sooner rather than later so you can take advantage of better odds. The closer it gets to the end of the season, the more the odds will change.

How to Read MLB MVP Odds

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

Mookie Betts +285

Ronald Acuna +600

Christian Yelich +700

This means that 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 $385 – your original $100 is returned along with your winnings of $285.

On the other hand, if you strongly believe that Yelich is going to outdo himself in Milwaukee, a winning $100 bet on him would yield $800 – your $100 comes back along with your prize of $700.

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