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MLB MVP Odds: Tatis And Ohtani Clear Favorites

Ohtani is the favorite to win AL MVP

With just weeks left in the 2021 MLB baseball season, oddsmakers have updated their betting odds for American League and National League MVP awards. Shohei Ohtani has been tabbed as the clear AL favorite while Fernando Tatis Jr. has jumped the injured Jacob deGrom to take the NL lead.

The best baseball betting sites have moved Ohtani all the way to -8000 to win his first AL MVP trophy with the Los Angeles Angels, while Tatis is listed at -300 to win the NL award. At their current odds, the lines imply Ohtani has a 98.77 percent chance to nab the AL MVP and Tatis has a 75 percent chance to win the NL award.

Mike Trout opened as the favorite in AL MVP odds but given how his two-way teammate has fared as both a slugger and pitcher this season, Ohtani’s value to the Angels is exponentially growing by the game. Tatis, on the other hand, has jumped up and down the NL MVP Award odds due to injuries to himself and other top contenders.

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-8000+3000
Vladimir Guerrero Jr.+1500+3000
Marcus Semien+6600N/A
Matt Olson+6600+5000
Rafael Devers+6600+3000

Odds as of September 2 at Bovada

At this point, it’s amazing to see the impact Shohei Ohtani of the Los Angeles Angels has had on AL MVP odds. The dual threat he presents as a hitter and starting pitcher is something MLB hasn’t seen in decades since game footage and still images were in black and white.

Ohtani leads the majors in home runs with 42 and in slugging percentage at .618, while driving in 90 runs. While the hitting is fairly remarkable, what he has done 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 has done just that.

His home run highlights are absurdly enjoyable as he takes cuts at pitches way outside the zone and takes them out of the park. As for the pitching, he may only be above-average in most statistical categories but it’s still remarkable to watch a full-time position player have a 3.00 ERA and 127 strikeouts in 104.0 innings. He has reduced his WHIP, which had been a little high, to 1.06 and is well within the tier of other top-caliber pitchers.

Are There Any Other AL MVP Contenders? 

Trout has been out of the Angels lineup since May 17 with a calf strain, leaving really only Guerrero and Ohtani to fight for the award. Voter fatigue is a real thing in the MLB MVP races and with Trout already winning three MVP trophies in his career, the wonders of Guerrero and Ohtani have given voters something new to consider. Guerrero is hitting .312 with 39 homers and 96 RBIs.

Who Is Favored In MLB National League MVP Odds?

Odds to Win 2021 National League MVP
PlayerOddsOpening Odds
Fernando Tatis Jr.-300+900
Max Muncy+700+5000
Freddie Freeman+800+1000
Bryce Harper+900+1700
Joey Votto+1600N/A
Austin Riley+2000N/A

Odds as of September 2 at Bovada

San Diego Padres infielder-turned-outfielder Fernando Tatis Jr. has returned from injury and shot up the NL oddsboard in recent weeks. 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 has been electric on the field. In 2021, he’s hit 35 home runs with a .282 batting average while providing solid defense and racking up 24 stolen bases. This is coming off a shortened season in 2020 in which he put up 17 home runs, 45 RBIs and 11 stolen bases. The craziest stat about Tatis is he has only played in 245 career games, already becoming one of the consensus best players in the league.

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 probably disqualify 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’s attempting to work back from his injury in the final month of the 2021 season, but it may be 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-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.

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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.