MLB MVP Odds & Favorites 2025: Ohtani, Judge the Favorites With Opening Day Nearly Here
The Los Angeles Dodgers' reign of terror might be the most evident in the MLB MVP odds.
The Dodgers feature two players in the top five of the NL oddsboard, and three in the top 10. Of course, that includes the reigning NL MVP and this year's favorite, Shohei Ohtani. Mookie Betts is also lurking, as is Freddie Freeman.
As far as last year's AL MVP is concerned, Aaron Judge finds himself atop the oddsboard with several heavy hitters not far behind him, and Bobby Witt Jr. is notably positioned to challenge again.
Judge and Ohtani are favored to defend their crowns with Opening Day nearly here. Can someone knock them off the throne?
🔢 Odds to win American League MVP 2025
Live odds for the 2025 AL MVP Award from our best MLB betting sites.
🧑🏫 AL MVP odds analysis
March 12, 2025: It's Judge leading the AL oddsboard, but Witt is right there with him. Gunnar Henderson isn't far behind too, before a drop-off to Yordan Alvarez, Corey Seager, and Vladimir Guerrero Jr.
Judge's best odds suggest he holds a 24.39% chance of winning this award, which is significantly lower than Ohtani's. That tell us this is expected to be a much tighter race that the one in the NL.
The Yankees superstar slugger led the league last year with 58 homers and 11.2 fWAR, among various other major statistical categories, including a career-best OPS of 1.159. He'll be leaned on even more heavily now with Juan Soto gone.
For his part, Witt enjoyed a fantastic season while posting one of the best second-place performances ever. He was one of just three players in MLB to go 30-30 last year, and Witt earned a Gold Glove for his outstanding defensive work. He led all of MLB with his .332 average, and his .977 OPS sat fourth.
At BetMGM, the highest ticket (21.6%) and handle (24.4%) percentage is on Witt, telling us that the public expects the shortstop to take down Judge.
🔢 Odds to win National League MVP 2025
Live odds for the 2025 NL MVP from our best sports betting apps.
🧑🏫 NL MVP odds analysis
March 12, 2025: Ohtani remains the ultimate baseball unicorn, and that's expected to be on full display this year.
The megastar became the first player in MLB history to go 50-50 last year, leading the NL in fWAR despite not playing a position. His Dodgers are the favorites to repeat by the World Series odds, and a significant reason for that is because Ohtani will return to the mound this season.
There's the threat of voter fatigue, but I'm not sure that's possible with Ohtani. The odds reflect that too, with an ocean between the implied probability for Ohtani at 35.71% and Soto sitting in second at 14.29% through his +600 odds. Our best sportsbooks rightfully expect Ohtani to be a dominant force again, and he's now the only player getting shorter than +200 odds in either league.
Still, Soto profiles as Ohtani's main challenger in the NL after shifting New York teams to the Mets. He's fresh off putting together an outstanding season with a career-high 41 homers to finish third in AL MVP voting.
Ohtani's teammate, Mookie Betts, also hovers just a few spots further down by the odds.
The highest handle percentage at BetMGM, of course, comes via Ohtani (43.6%) but the highest percentage of tickets is on Elly De La Cruz, who's trading further down the oddsboard. That's why he's also BetMGM's biggest liability.
📜 MLB MVP odds history
🏆 Past AL MVP winners
| Year | Name | Position | Preseason odds |
|---|---|---|---|
| 2024 | Aaron Judge, NYY | OF | +550 |
| 2023 | Shohei Ohtani, LAA | DH/SP | +200 |
| 2022 | Aaron Judge, NYY | OF | +2000 |
| 2021 | Shohei Ohtani, LAA | DH/SP | +3000 |
| 2020 | Jose Abreu, CWS | 1B | OFF |
| 2019 | Mike Trout, LAA | OF | +125 |
| 2018 | Mookie Betts, BOS | OF | +2500 |
| 2017 | Jose Altuve, HOU | 2B | +1200 |
| 2016 | Mike Trout, LAA | OF | +160 |
| 2015 | Josh Donaldson, TOR | 3B | +1600 |
🏆 Past NL MVP winners
| Year | Name | Position | Preseason odds |
|---|---|---|---|
| 2024 | Shohei Ohtani, LAD | DH | +900 |
| 2023 | Ronald Acuna Jr., ATL | OF | +900 |
| 2022 | Paul Goldschmidt, STL | 1B | +6600 |
| 2021 | Bryce Harper, PHI | OF | +1700 |
| 2020 | Freddie Freeman, ATL | 1B | +2500 |
| 2019 | Cody Bellinger, LAD | OF | +3000 |
| 2018 | Christian Yelich, MIL | OF | +15000 |
| 2017 | Giancarlo Stanton, MIA | OF | +4500 |
| 2016 | Kris Bryant, CHC | 3B/OF | +1000 |
| 2015 | Bryce Harper, WAS | OF | +2000 |
💡 How to bet on MLB MVP
First, choose a reputable sportsbook offering MLB MVP futures. Check the odds for various players. For instance, if Aaron Judge has +400 odds and Gunnar Henderson has +800, Judge is favored to win.
Place your bet by deciding how much to wager. If you bet $100 on Judge at +400 and he wins, you’ll get $500 back ($400 profit + $100 stake). Keep an eye on player performances throughout the season to see how your bet is shaping up.
Remember, future markets always see plenty of movement. It’s all about performance and perception. If a player performs exceptionally well or poorly, their odds will shift. Injuries to the player or their competitors can also significantly impact their MVP chances. The success of the player’s team can improve their odds as well.
Public betting trends play a role; if many people are betting on one player, sportsbooks might adjust the odds to balance their risk.
Expert analysis and predictions can also influence how people bet, which in turn affects the odds.
📖 How to read MLB MVP odds
Odds are typically shown in a format like +400 or -150. Positive odds (e.g., +400) indicate how much profit you'd make on a $100 bet.
For example, a $100 bet at +400 odds would win you $400, plus your original $100 stake, totaling $500. Negative odds (e.g., -150) show how much you need to bet to win $100. So, a $150 bet at -150 odds would win you $100, plus your $150 stake, totaling $250.
These odds also reflect the implied probability of a player winning the MVP award. Lower odds (e.g., +200) suggest a higher likelihood of winning, while higher odds (e.g., +1000) indicate a lower likelihood.
For example, if Shohei Ohtani has +400 odds and Freddie Freeman has +800 odds, Ohtani is considered more likely to win. If you bet $100 on Ohtani and he wins, you'd get $500 back ($400 profit + $100 stake).
Sportsbooks adjust these odds based on factors like player performance, injuries, team success, and betting patterns. Understanding the odds helps you make informed betting decisions and assess potential returns.
❓ MLB MVP FAQs
Who are the MLB MVP favorites?
Los Angeles Dodgers slugger Shohei Ohtani is the favorite in the National League at +180, leading to an implied probability of 35.71%. Meanwhile, Aaron Judge of the New York Yankees is the front-runner in the American League while getting +310 odds, translating to an implied probability of 24.39%.
Who won the MLB MVP Awards last year?
Los Angeles Dodgers designated hitter Shohei Ohtani won his third MVP award and first in the National League during 2024.
In the American League, New York Yankees outfielder Aaron Judge won for the second time.
When will the MLB MVP Awards be decided?
The winners of the 2024 MLB MVP Awards were announced on Thursday, Nov. 21.
Who has won the most MVP awards?
Barry Bonds' seven career MVP awards are the most in MLB history. No one else has won more than three, with 10 players tied at that number.
🏟️ MLB betting odds pages
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