The 2022 MLB season is nearing a close, and you can almost smell that crisp October air. Playoff baseball is on the horizon, which also means the MVP race is coming to a close.
Since there are less than 30 games remaining this year, sportsbooks have narrowed down the betting odds for American League and National League MVP. Aaron Judge is the decisive chalk to win the AL award, while Paul Goldschmidt is a ridiculous favorite for the NL hardware.
If you’re looking for other ways to get in on the action, you can bet on World Series odds, MLB futures, MLB win totals, odds to make the playoffs and more over at our MLB hub. If you’re new to betting on baseball, check out our How To Bet On Baseball page for some helpful tips and info.
MLB American League MVP Odds
Odds as of September 7 at BetOnline Sportsbook
MLB MVP Odds: American League Best Bet
Shohei Ohtani (+500)
The AL MVP race has turned into a two-horse show. Judge, the -900 favorite, offers no value for sports bettors. A $100 bet pays out $111.11. What’s the point?
For folks who believe in miraculous upsets, however, there’s still an excellent chance – and who better to have as your main character than baseball superstar Shohei Ohtani.
Player A: .283/.351/.572, 33 HR, 74 RBI— Jeff Passan (@JeffPassan) September 6, 2022
Player B: .270/.361/.538, 32 HR, 85 RBI
Player C: 147.1 IP, 27.1% K%-BB%, 2.20 ERA, 2.64 FIP
Player D: 136 IP, 27.0% K%-BB%, 2.58 ERA, 2.54 FIP
Mookie Betts is Player A. Shane McClanahan is Player C. Shohei Ohtani is Players B and D.
Ohtani, the winner of last year’s AL MVP hardware, has arguably improved his game in 2022. Thanks to his dual position status and a drastic uptick in production on the mound, the Japanese phenom has accrued a wild 7.9 wins above replacement already this year. Last year he racked up 9.0 WAR. It’ll be close, but there’s a chance Ohtani matches it.
Yes, Judge is having a superb year, and, yes, the Angels are awful once again. That said, it’s absurd to find +500 value on a player of Ohtani’s caliber at this point in the season. What Ohtani is doing is truly unique, as in we’ve never seen a player like him in all of baseball’s storied history.
MLB writers have scribed baseball for over 100 years. When they vote on the AL MVP this season, there are guaranteed to be first-place votes for Ohtani. Again, at +500, it’s best to take the value while there’s still time.
MLB National League MVP Odds
Odds as of September 7 at BetOnline Sportsbook
MLB MVP Odds: National League Best Bet
As is the case in the junior circuit, it’s useless to throw money on the chalk. In this case, it’s Goldy at -2000. No thanks. Instead, let’s break down the case for why another candidate deserves a long-shot bet.
Nolan Arenado (+1600)
Yes, Freeman at +3300 looks juicy, but let’s be honest, that ain’t happening. As we pivot our attention to Arenado, we must laser in on the area where he has an edge over Goldschmidt, his Cardinals teammate.
Defense has long been Arenado’s calling card. I get it, defense isn’t always sexy, but if you’ve ever watched Arenado drift toward the line and fire a jump throw on the money to first, you might change your mind just a little bit. The 31-year-old has nine Gold Gloves in nine seasons – we expect season 10 to yield more shiny hardware.
But Arenado’s NL MVP odds lie in his offensive emergence, which complements his A+ glove at third base. “Nado” might not have the contact skills that Goldschmidt does, but he possesses nearly equal levels of power, with his .555 slugging percentage putting him in the conversation. Arenado and Goldschmidt are also currently tied with 7.3 WAR.
This Arenado bet seems like more of a Hail Mary than the Ohtani campaign in the AL, but it’s still worthy of a value bet at +1600.
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 usually given out in mid-November 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 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
Christian Yelich +1200
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 $750 – your original $100 is returned along with your winnings of $650.
On the other hand, if you strongly believe that Yelich is going to shine in Milwaukee, 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.
Who are the favorites for the 2022 MLB MVPs?
Aaron Judge of the New York Yankees is the favorite for the AL MVP at -900, while St. Louis Cardinals first baseman Paul Goldschmidt is favored to win the NL MVP at -2000.
Who won the MLB MVP in 2021?
Los Angeles Angels pitcher and designated hitter Shohei Ohtani won Major League Baseball’s American League Most Valuable Player award in 2021, while Philadelphia Phillies right-fielder Bryce Harper took home the National League Most Valuable Player award in 2021. Ohtani received 30 of 30 first-place votes, while Harper received 17 out of 30 first-place votes.
Has any MLB player won Rookie of the Year and MVP?
Fred Lynn and Ichiro Suzuki are the only two MLB players to have ever won Rookie of the Year and Most Valuable Player in the same season, while Fernando Valenzuela is the only MLB player to have won Rookie of the Year and the Cy Young Award in the same season.
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