Patrick Mahomes is featured in the Super Bowl MVP odds

Super Bowl MVP Odds 2023: Mahomes Wins

Winning the NFL MVP is one of the top individual accomplishments a football player can achieve in the regular season. Winning the Super Bowl MVP award, however, is a whole other level of prestige, because it usually comes alongside a Lombardi Trophy. 

By leading the Kansas City Chiefs over the Philadelphia Eagles, QB Patrick Mahomes picked up his second NFL title and second Super Bowl MVP in 2023. Below you can find a breakdown of Mahomes’ MVP win and the full odds before we refresh for the 2024 playoff run.

If you’re looking for other Super Bowl props on top of Super Bowl MVP odds, check out our Super Bowl player props breakdown, our Gatorade shower odds or our general game props page!

Patrick Mahomes Wins Super Bowl 57 MVP

Despite a busted ankle and a halftime deficit, Chiefs QB Patrick Mahomes rallied the Kansas City offense and led a comeback over the Eagles to win the title. With 182 passing yards and three passing touchdowns, Mahomes earned a ring and his second Super Bowl MVP. He became the first player since Kurt Warner in 1999 to win NFL MVP and Super Bowl MVP in the same season.

The KC QB was +135 to win the award prior to the game, only behind Eagles QB Jalen Hurts in the opening odds. Here’s a full list of those pre-game odds:

Opening Odds

Here were the 2023 Super Bowl MVP odds prior to kickoff, where Jalen Hurts was a narrow favorite:

Opening Odds to Win Super Bowl 57 MVP
Jalen Hurts+130
Patrick Mahomes+135
Travis Kelce+1200
AJ Brown+1800
Haason Reddick+2500
DeVonta Smith+2800
Miles Sanders+2800
Chris Jones+4500
Isiah Pacheco+5000
Kadarius Toney+5000
Jerick McKinnon+6500
Dallas Goedert+6500
Kenneth Gainwell+6500
Marquez Valdes-Scantling+7000
JuJu Smith-Schuster+7500
Darius Slay+8000

Odds as of February 12

Super Bowl MVP Best Bet: Patrick Mahomes (+135)

Betting on a quarterback to win the Super Bowl MVP is a safe bet – it’s usually just about nailing which one. While Hurts is the betting favorite, the slight odds value we get from betting on Mahomes makes all the difference.

In his five seasons as Chiefs starter, Mahomes has risen to the occasion in the playoffs regularly. He has a 66.7 percent completion rate, 31 passing touchdowns and just seven interceptions. On a busted ankle against the Bengals in the AFC championship game, he threw for 326 yards and two touchdowns on efficient passing. Even with some solid skill-position players like Pacheco and Kelce, it’s Mahomes who makes the Chiefs go. If they win the Super Bowl on Sunday, it’ll be him hoisting the MVP at the end of the game.

Value Pick: Haason Reddick (+2500)

Now if the Eagles manage to win, Hurts is an obvious pick. But Philly’s path to victory is less about scoring and more about containing and hitting Mahomes. No Eagles player has a bigger task than edge rusher Haason Reddick.

Reddick had a resurgent season with the Eagles, leading the league in forced fumbles, earning a Pro Bowl selection and racking up a career-high 16 sacks. He’s filled the stat sheet all season, including 3.5 more sacks in the playoffs. If Reddick can stay hot, nab a few big sacks and maybe force a turnover, he could get the nod over Hurts for MVP.

We were initially on Reddick as a great value play when his odds opened at +4000, but even at this line there’s still good value to be had.

Super Bowl MVP Deep Sleeper: JuJu Smith-Schuster

When we’re going way down this board, we’re looking for two things: (1) big-game potential and (2) someone with a reasonable path to winning the MVP.

JuJu checks both those boxes. The Chiefs receiver has posted two contests of 100-plus receiving yards and two of 10-plus receptions already this season, proving he has the ability to go off. And while there are certainly more likely MVP candidates, wide receivers Cooper Kupp and Julian Edelman have recently proven this is an award WRs can win in the modern era.

Super Bowl MVP Has Belonged To Quarterbacks

In Super Bowl 56, receiver Cooper Kupp became the eighth wideout to win the Super Bowl MVP award. However, the Super Bowl MVP award has historically belonged to quarterbacks, who have won the trophy 31 times. The MVP has gone seven times to running backs, four times to linebackers, and twice each to defensive ends and safeties.

If you look at the Super Bowl MVP odds above, you can see that the sportsbooks expect another QB to win the award, and history tells us they’re right.

Super Bowl MVP Betting History

Past Super Bowl MVP Winners
LVICooper KuppWide Receiver+500
LVTom BradyQuarterback+175
LIVPatrick MahomesQuarterback+115
LIIIJulian EdelmanWide Receiver+2000
LIINick FolesQuarterback+325
LITom BradyQuarterback+150
LVon MillerLinebacker+2200
XLIXTom BradyQuarterback+160
XLVIIIMalcolm SmithLinebacker+2200
XLVIIJoe FlaccoQuarterback+250
XLVIEli ManningQuarterback+210
XLVAaron RodgersQuarterback+175
XLIVDrew BreesQuarterback+180
XLIIISantonio HolmesWide ReceiverN/A
XLIIEli ManningQuarterbackN/A
XLIPeyton ManningQuarterbackN/A
XLHines WardWide ReceiverN/A
XXXIXDeion BranchWide ReceiverN/A
XXXVIIITom BradyQuarterbackN/A
XXXVIIDexter JacksonSafetyN/A
XXXVITom BradyQuarterbackN/A
XXXVRay LewisLinebackerN/A
XXXIVKurt WarnerQuarterbackN/A
XXXIIIJohn ElwayQuarterbackN/A
XXXIITerrell DavisRunning BackN/A
XXXIDesmond HowardKick ReturnerN/A
XXXLarry BrownCornerbackN/A
XXIXSteve YoungQuarterbackN/A
XXVIIIEmmitt SmithRunning BackN/A
XXVIITroy AikmanQuarterbackN/A
XXVIMark RypienQuarterbackN/A
XXVOttis AndersonRunning BackN/A
XXIVJoe MontanaQuarterbackN/A
XXIIIJerry RiceWide ReceiverN/A
XXIIDoug WilliamsQuarterbackN/A
XXIPhil SimmsQuarterbackN/A
XXRichard DentDefensive EndN/A
XIXJoe MontanaQuarterbackN/A
XVIIIMarcus AllenRunning BackN/A
XVIIJohn RigginsRunning BackN/A
XVIJoe MontanaQuarterbackN/A
XVJim PlunkettQuarterbackN/A
XIVTerry BradshawQuarterbackN/A
XIIITerry BradshawQuarterbackN/A
XIIHarvey Martin & Randy WhiteDE/DTN/A
XIFred BiletnikoffWide ReceiverN/A
XLynn SwannWide ReceiverN/A
IXFranco HarrisRunning BackN/A
VIIILarry CsonkaRunning BackN/A
VIIJake ScottSafetyN/A
VIRoger StaubachQuarterbackN/A
VChuck HowleyLinebackerN/A
IVLen DawsonQuarterbackN/A
IIIJoe NamathQuarterbackN/A
IIBart StarrQuarterbackN/A
IBart StarrQuarterbackN/A

Super Bowl MVP Odds FAQ

Can I bet on the Super Bowl MVP?

Yes, you can bet on the Super Bowl MVP. Being crowned the NFL regular-season MVP is one thing, but being named MVP of the Super Bowl is another level of excellence. And while it’s typically the quarterback of the winning team who wins the award, it’s still fun to bet on Super Bowl props such as the Most Valuable Player award.

How often have quarterbacks won the Super Bowl MVP?

The Super Bowl MVP has been won by a quarterback a whopping 31 times. Wide receivers are a distant second with eight Super Bowl MVPs while running backs have won it seven times. Linebackers have won the Super Bowl MVP on four separate occasions, while safeties and defensive ends have each won the prestigious award twice.

Who was the Super Bowl MVP in 2022?

Wide receiver Cooper Kupp of the Los Angeles Rams was the Super Bowl MVP in 2022. Kupp snagged eight passes for 92 yards and two touchdowns, including the winning score on a one-yard toss with 1:25 remaining as the Rams defeated the Cincinnati Bengals 23-20.