MLB MVP Odds 2025: AL & NL Favorites, Predictions

For the second consecutive year, Major League Baseball had two unanimous MVPs.

New York Yankees slugger Aaron Judge won his second American League MVP award, while Los Angeles Dodgers superstar Shohei Ohtani claimed the National League MVP trophy. 

This came after Ohtani (AL) and Ronald Acuña Jr. (NL) were both unanimous MVPs in 2023, marking the first time since the voting process began in 1931.

Will the unanimous streak continue in 2025? MLB odds for next year’s MVP markets are now up at the BetMGM online sportsbook.

AL MVP Odds: Favorites

Judge opens as the betting favorite (+300) to win AL MVP in 2025, marking the second straight season he begins atop this market. Judge started as a +550 favorite last offseason and was essentially a front-runner from start to finish.

In 2024, Judge led all of baseball in home runs (58), RBIs (144), on-base percentage (.458), slugging percentage (.701), OPS (1.159), and walks (133).

With his second MVP award after winning the first in 2022, Judge is the seventh Yankee to win multiple MVP awards.

It makes sense that Judge begins as the preseason favorite, but Juan Soto not being on this team anymore will change how opposing teams pitch to the 32-year-old slugger. As a result, I’d prefer to bet a player down the board at this point in the offseason.

Kansas City Royals shortstop Bobby Witt Jr. makes a lot of sense as last year’s runner-up, but his +450 price tag isn’t appealing enough. I’d rather bet on another young superstar in Julio Rodríguez, who begins with a 40/1 value in the AL MVP market.

Rodríguez was one of the more popular AL MVP bets last year at 10/1, but he could not live up to preseason expectations. However, the upside remains, as he demonstrated with his fourth-place finish in the 2023 MVP race.

I like the idea of getting a discount with a player as talented as Rodríguez, especially when I expect the 2025 AL MVP race to be much more competitive than it has been in recent seasons.

Prediction: Julio Rodríguez (+4000)

NL MVP Odds: Favorites

If Ohtani can win the MVP award in a year when he doesn’t pitch, does anyone stand a chance when he returns as a two-way superstar?

That’s the question after Ohtani’s debut season as a Dodger exceeded all expectations, especially for oddsmakers. He started the year with +900 odds to win the MVP, ranking third behind Mookie Betts and Acuña.

But Ohtani is used to surprising everyone. He became the first player in history to join the 50-50 club, finishing with 54 home runs and 59 stolen bases last season after signing a 10-year, $700 million deal.

Ohtani became the first full-time designated hitter to win an MVP award. He is one of two players to win at least one MVP award in both leagues and is the first back-to-back winner since Miguel Cabrera in 2012-13.

With three MVP awards already in his trophy case, Ohtani is the obvious betting favorite (+185) now that he will generate more WAR as a two-way player in 2025. I have difficulty picking against Ohtani at this point in the offseason.

Prediction: Shohei Ohtani (+185)

2024 NL MVP Voting

List of AL & NL MVP Winners

MLB Players With Most MVP Awards

Barry Bonds has won the most MLB MVP Awards (seven):

• Barry Bonds: 7
• Shohei Ohtani: 3
• Mike Trout: 3
• Albert Pujols: 3
• Alex Rodriguez: 3
• Mike Schmidt: 3
• Mickey Mantle: 3
• Yogi Berra: 3
• Roy Campanella: 3

MLB Teams With Most MVP Awards

The New York Yankees have the most MLB MVP Awards (23):

• Yankees: 24
• Cardinals: 21
• Dodgers: 15
• Giants: 14
• Athletics: 13

Has an MLB Rookie Ever Won MVP?

Fred Lynn and Ichiro Suzuki are only rookies to win MVP.

Lynn did it first, winning AL MVP in 1975 after guiding the Boston Red Sox to 95 regular-season wins and an appearance in the World Series. Ichiro won AL MVP in 2001 as the Seattle Mariners tied the MLB record for most wins in a season (116).