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MLB MVP Odds: Ohtani A Lock, Soto vs Harper In NL

Ohtani is the favorite to win AL MVP

The 2021 MLB baseball season is over but baseball awards season is well underway, and finalists for the major individual honors have been announced. With the top three for most awards out, oddsmakers have updated their betting odds for American League and National League MVP. Shohei Ohtani has been tabbed as the clear AL favorite while Bryce Harper and Juan Soto share the NL lead.

The best baseball betting sites have moved Ohtani to -2500 to win his first AL MVP trophy with the Los Angeles Angels, while Harper and Soto sit listed at -110 to win the NL award. At the current odds, the lines imply Ohtani has a 96.15 percent chance to nab the AL MVP hardware.

Mike Trout opened as the favorite in AL MVP odds but given how his two-way teammate fared as both a slugger and pitcher this season, Ohtani’s value to the Angels was historic. Soto and Harper, while not making the playoffs, posted prolific offensive seasons for their respective NL East teams.

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

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

See Odds Shark’s Best Baseball Betting Sites

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

Who Is Favored In MLB American League MVP Odds?

Odds to Win 2021 American League MVP
PlayerOddsOpening Odds
Shohei Ohtani-2500+3000
Vladimir Guerrero Jr.+650+3000
Marcus Semien+3300N/A

Odds as of November 15 at BetOnline Sportsbook

Angels two-way star Shohei Ohtani is a lock in 2021 AL MVP odds. The dual threat he presented as a hitter and starting pitcher is something MLB hasn’t seen in decades since game footage was in black and white.

Ohtani finished with 46 homers, a league-leading eight triples and a .965 OPS. While the hitting is fairly remarkable, what he did in the Angels starting rotation is what truly sets him apart. It takes a lot to stand out on a roster that includes someone as talented as Mike Trout but Ohtani did just that.

His home run highlights are absurdly enjoyable as he took cuts at pitches way outside the zone and pushed them out of the park. As for the pitching, he may be only above average in most statistical categories but it’s still remarkable to watch a full-time position player have a 3.18 ERA and 156 strikeouts in 130.1 innings. 

Ohtani has the productivity, the value and the narrative to be a clear AL MVP winner this year. Announcing the award is simply a formality at this point.

Can Guerrero Win The 2021 AL MVP? 

The short answer is “No.” The long answer is “No, he cannot.”

As incredible as Guerrero’s season was at the plate for Toronto, he is no match for the value Ohtani provided the Angels in all aspects of the game. If Guerrero had helped his squad to just one more win, earning Toronto a crack at the 2021 postseason, this conversation could be different. 

However, Guerrero needed to make the playoffs or win the Triple Crown to truly challenge the historic performance of Ohtani. For the young Blue Jays star, maybe next year.

Who Is Favored In MLB National League MVP Odds?

Odds to Win 2021 National League MVP
PlayerOddsOpening Odds
Bryce Harper-110+1700
Juan Soto-110+750
Fernando Tatis Jr.+1200+900

Odds as of November 15 at BetOnline Sportsbook

NL MVP Odds Value: Soto vs Harper?

The odds to win 2021 National League MVP show a dead heat between Harper and Soto, but is there value to be had in that tie?

While the odds show an even race, Harper leads in several key statistics, including fWAR, home runs, stolen bases and OPS. With both old- and new-school metrics on his side, and a team that almost made the playoffs and performed far better than Soto’s Nationals, Harper is our pick to take home NL MVP.

Can Tatis Pull Off The Upset?

San Diego Padres infielder-turned-outfielder Fernando Tatis Jr. returned from injury and shot up the NL oddsboard in the second half of 2021. El Niño may be the most exciting player to arrive in baseball since Mike Trout and was the cover athlete for MLB 21 The Show.

Hype aside, the youngster was electric on the field. In 2021, he hit 42 home runs with a .282 batting average while providing solid defense and racking up 25 stolen bases. With the Padres falling apart down the stretch and failing to make the playoffs, Tatis will be hard pressed to win over Soto and Harper, but if the top candidates split enough of the votes, it could get close.

Did Injuries Cost DeGrom MVP?

While it’s difficult to put into words just how impressive New York Mets starting pitcher Jacob deGrom has been over the last few seasons, his second-half injury struggles disqualified him from the NL MVP Award. Over his eight-year career, deGrom has just two seasons with an ERA over 3.00 and he has led the NL in strikeouts each of the last two seasons. He attempted to work back from his injury in the final month of the 2021 season, but it was too late for his MVP campaign.

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.

See Odds Shark’s Best MLB Betting Sites

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.