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NFL MVP Odds: Russell Wilson the New Favorite

Russell Wilson leads 2020 NFL MVP Odds.

Despite being one of the best quarterbacks in the NFL since entering the league eight years ago, Russell Wilson has notoriously never received a vote for the NFL MVP Award. According to the sportsbooks’ early NFL MVP odds, that’s likely to change in 2020.

For the first time ever, Wilson is the favorite to become NFL MVP at ​Bovada. The 31-year-old is the +240 front-runner, with Lamar Jackson (+500), Patrick Mahomes (+500), Aaron Rodgers (+700) and Kyler Murray (+1200) trailing him.

The Seahawks now rank third on the Super Bowl oddsboard, behind only the Kansas City Chiefs and Baltimore Ravens.

Here’s a look at the players with the best odds to win the 2020 NFL MVP Award at Bovada. For a full list of the top places to bet on football, head over to our Best NFL Sites page.

Who Is Favored to Win the NFL MVP Award?

2020 NFL MVP Odds
Russell Wilson+240
Lamar Jackson+500
Patrick Mahomes+500
Aaron Rodgers+700
Kyler Murray+1200
Cam Newton+1800
Josh Allen+1800
Dak Prescott+2000
Ben Roethlisberger+2800
Tom Brady+2800
Deshaun Watson+3300
Derrick Henry+4000
Drew Brees+4000
Matt Ryan+5000
Ryan Tannehill+5000
Matthew Stafford+5500
Jared Goff+6000
Baker Mayfield+6600
Carson Wentz+6600
Aaron Donald+10000

Odds as of September 25 at Bovada

Wilson is on Cruise Control in 2020

Wilson, who was +600 a week ago and +1200 prior to the start of the season, has easily been the best player in the NFL through two weeks. He’s thrown almost as many touchdown passes (9) as he has incomplete passes (11).

Wilson’s 610 passing yards is a career high for the first two games of a season, and he has the highest completion rate (82 percent) in NFL history through two weeks of a campaign with a minimum of 50 attempts.

Seahawks head coach Pete Carroll appears to have departed from the run-first strategy the team has employed the past few years in order to let Wilson do his thing through the air. At 2-0, the Seahawks look like one of the top teams in the NFL, and Wilson doesn’t appear to be slowing down.

Rodgers Makes a Surge

Rodgers is no stranger to the MVP Award after winning the bragging rights in 2011 and 2014. The 36-year-old is clearly in the twilight of his career, yet he’s looked like the Rodgers of old in two impressive wins for the Green Bay Packers.

Although the Pack have a clear succession plan following the team’s decision to draft Jordan Love in the first round of the 2020 NFL Draft, Rodgers is giving the Packers plenty of reasons to keep Love on the bench.

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Rodgers has thrown six touchdowns against no interceptions, helping guide the Packers offense to 85 points through two games. To put that into perspective, it took Green Bay four games to score 85 points last year. The Packers look like a well-oiled machine in Year 2 of the Matt LaFleur era, and Rodgers looks like a decent early-season bet to become MVP at +700.

Can Jackson Go Back to Back?

There were plenty of questions surrounding Jackson when he entered the 2018 NFL Draft, but the former Heisman Trophy winner answered all of those last year to become the 17th signal-caller since 2000 to become MVP. Marshall Faulk (2000, 2001), Shaun Alexander (2005), LaDainian Tomlinson (2006) and Adrian Peterson (2012) are the non-quarterbacks to win the award in that span.

Just how much of a surprise was Jackson’s triumphant 2019 campaign? The Louisville product opened the year as a +4100 long shot to garner the bragging rights as the best player in the NFL. He ended the season with 36 touchdowns and 3,127 passing yards while throwing only six interceptions.

More impressively, Jackson broke Michael Vick’s record for most rushing yards in a single season by a quarterback, finishing with 1,206 yards on the ground and seven scores.

Jackson picked up where he left off from last season in Week 1, dismantling the Cleveland defense in Baltimore’s 38-6 blowout. Jackson completed 20 of 25 passes through the air, finishing the day with 275 passing yards and three scores. He added 45 more yards on the ground.

He was quieter in Week 2 but still connected on 18 of his 24 passes for 204 passing yards and a touchdown. Jackson has the second-most rushing attempts by a QB (23) and the third-most QB rushing yards (99) in the NFL. 

For more football betting information, check out our NFL page.

How to Bet on NFL MVP Odds

Popular NFL bets include point spreads and totals (OVER/UNDER). For those looking for something different, you can wager on which player will be named MVP. As football season progresses, you’ll see the MVP action changing. To get in on the action, you can make a futures bet.

What is a Futures Bet?

A futures wager is a bet on events that will take place in time, like the Most Valuable Player award in the NFL. At your betting site of choice, you’ll see NFL MVP odds listed like so:

Dak Prescott +200

Tom Brady +250

Patrick Mahomes +400

Lamar Jackson +700

Unlike a moneyline bet where favorites would be marked with the minus sign (-) and underdogs with the plus sign (+), the fave here would be the player with the lowest odds. In this case it’s Dak Prescott.

Let’s say you have $55 to spend and you decide that you like Mahomes for MVP. A winning bet would give you a payout of $275 – your original $55 is returned along with your loot of $220. The higher the odds, the more money you’ll see. But, don’t bet on a +5000 MVP candidate in September in the hopes that you’ll make bank at the end of the regular season. Oddsmakers don’t only look at current performance when setting the odds. They also look at past performance, off-season activities and training camp.

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

With futures bets, it’s important to snag odds early. As we get closer to the Super Bowl, the lines will move. Oddsmakers update the odds as players up their production or are plagued by injuries. Keep in mind that if you were to back a player in the MVP race and he suffers a season-ending injury, most sportsbooks will give you your money back since you technically didn’t lose the bet and have no way of winning it.

As soon as the Most Valuable Player trophy is awarded to the winner, sportsbooks will update the betting results and you can cash out your bet.