2024 MLB MVP Odds: AL & NL Favorites, Predictions

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Los Angeles Dodgers right fielder Mookie Betts (50) in the sixth inning of a baseball game Wednesday, Sept. 27, 2023, in Denver. (AP Photo/David Zalubowski)
(AP Photo/David Zalubowski)
Shane Jackson @Sjacksonmgm Apr 09, 2024, 11:36 AM
  • Yankees' Juan Soto is now the betting favorite to win AL MVP at +375.
  • Dodgers' Mookie Betts has passed Ronald Acuña Jr. as the NL MVP favorite.

Ronald Acuña Jr. (National League winner) and Shohei Ohtani (American League winner) were both unanimous MVPs, marking the first time that had been done since the voting process began in 1931.

With Ohtani moving to the NL, how will the MVP race shake out in both leagues?

The latest MLB odds help answer that question.

AL MVP Odds: Favorites

PlayerTeamOdds
Juan SotoYankees+375
Aaron JudgeYankees+650
Julio RodríguezMariners+800
Yordan ÁlvarezAstros+900
Corey SeagerRangers+1100
Bobby Witt Jr.Royals+1200
Mike TroutAngels+1300
Gunnar HendersonOrioles+1500
Vladimir Guerrero Jr.Blue Jays+2000
Adley RutschmanOrioles+2200

Now that Ohtani has left the Los Angeles Angels to join the Los Angeles Dodgers, the AL MVP race is wide open. Ohtani won two of the last three MVPs, with Aaron Judge needing 62 home runs to claim the trophy in 2022.

Judge opened as the betting favorite, but he fell to second on the oddsboard after meaningful games were played. Juan Soto has now leaped his teammate as the favorite in his first season with the Yankees.

  • Soto’s odds went from +600 to +375
  • Judge’s odds went from +550 to +650

Because these odds can move quickly, I prefer betting on a long shot further down the board before buying any dip on the favorites later in the season.

My favorite long shot in early April is Tampa Bay’s Yandy Díaz, who finished sixth in AL MVP voting last year.

Díaz ranked third in wRC+ in 2023, trailing only Ohtani and Corey Seager. He remains one of the better offensive players in the sport and should be a key contributor to an MLB playoff odds contender.

Prediction: Yandy Díaz (+6600)

NL MVP Odds: Favorites

PlayerTeamOdds
Mookie BettsDodgers+400
Ronald Acuña Jr.Braves+500
Shohei OhtaniDodgers+1000
Bryce HarperPhillies+1000
Freddie FreemanDodgers+1000
Fernando Tatís Jr.Padres+1100
Matt OlsonBraves+1500
Corbin CarrollDiamondbacks+2000
Trea TurnerPhillies+2500
Austin RileyBraves+2500

Based on the latest baseball odds, the NL MVP competition is expected to be more top-heavy than the AL race.

Mookie Betts has passed Acuña as the NL favorite, moving from +500 to +400. Betts is thriving in his new defensive position at shortstop and continues to put up incredible offensive numbers.

Acuña, who was +900 in the preseason last spring, is in his prime and might somehow build off a 41-homer and 73-stolen base campaign.

Ohtani, a two-way unicorn, deserves to be an MVP favorite for the foreseeable future. But because he’s unable to pitch this season, the premium on his price tag is likely not worth it, even if it’s down compared to his +200 preseason value to win last year’s AL MVP.

Preseason odds of recent MVP winners:

  • 2023: Ronald Acuña Jr. (+900)
  • 2022: Paul Goldschmidt (+6600)
  • 2021: Bryce Harper (+1700)

Still, a wager on Elly De La Cruz offers the most tantalizing upside. 

De La Cruz became one of the most electric players in his first season with the Cincinnati Reds, swiping 35 bases and knocking 35 extra-base hits in 427 plate appearances. He struggled a bit as a switch-hitter, but there is a chance everything clicks in his second season.

I like placing a small wager on this long shot before taking advantage of discounted lines on the favorites later in the season.

Prediction: Elly De La Cruz (+5000)

2023 AL MVP Voting

RankNameTeamVote Pts1st PlaceShare
1Shohei OhtaniLAA42030100%
2Corey SeagerTEX264063%
3Marcus SemienTEX216051%
4Julio RodríguezSEA197047%
5Kyle TuckerHOU178042%
6Yandy DíazTBR137033%
7Bobby Witt Jr.KCR83020%
8Gunnar HendersonBAL77018%
9Adley RutschmanBAL50012%
10José RamírezCLE40010%
11Gerrit ColeNYY3007%
12Luis Robert Jr.CHW2105%
13Yordan ÁlvarezHOU1604%
14Adolis GarcíaTEX1403%
15Aaron JudgeNYY702%
16Bo BichetteTOR501%
16J.P. CrawfordSEA501%
18Rafael DeversBOS200%
18Sonny GrayMIN200%
18Isaac ParedesTBR200%
18Cal RaleighSEA200%
22Alex BregmanHOU100%
22Josh NaylorCLE100%

2023 NL MVP Voting

RankNameTeamVote Pts1st PlaceShare
1Ronald Acuna Jr.ATL42030100%
2Mookie BettsLAD270064%
3Freddie FreemanLAD227054%
4Matt OlsonATL223053%
5Corbin CarrollARI165039%
6Juan SotoSDP106025%
7Austin RileyATL68016%
8Luis ArráezMIA67016%
9Francisco LindorNYM52012%
10Cody BellingerCHC49012%
11William ContrerasMIL3909%
12Bryce HarperPHI3609%
13Blake SnellSDP1604%
14Ha-Seong KimSDP501%
14Fernando Tatis Jr.SDP501%
16Ozzie AlbiesATL401%
17Pete AlonsoNYM301%
17Logan WebbSFG301%
19Marcell OzunaATL200%
19Kyle SchwarberPHI200%
19Dansby SwansonCHC200%
19Devin WilliamsMIL200%
23Nick CastellanosPHI100%
23TJ FriedlCIN100%
23Zac GallenARI100%
23Christian WalkerARI100%

List of AL & NL MVP Winners

YearWinnerTeamPosition
1931Lefty GrovePhiladelphia AthleticsLHP
1932Jimmie FoxxPhiladelphia Athletics1B
1933Jimmie FoxxPhiladelphia Athletics1B
1934Mickey CochraneDetroit TigersC
1935Hank GreenbergDetroit Tigers1B
1936Lou GehrigNew York Yankees1B
1937Charlie GehringerDetroit Tigers2B
1938Jimmie FoxxBoston Red Sox1B
1939Joe DiMaggioNew York YankeesOF
1940Hank GreenbergDetroit TigersOF
1941Joe DiMaggioNew York YankeesOF
1942Joe GordonNew York Yankees2B
1943Spud ChandlerNew York YankeesRHP
1944Hal NewhouserDetroit TigersLHP
1945Hal NewhouserDetroit TigersLHP
1946Ted WilliamsBoston Red SoxOF
1947Joe DiMaggioNew York YankeesOF
1948Lou BoudreauCleveland IndiansSS
1949Ted WilliamsBoston Red SoxOF
1950Phil RizzutoNew York YankeesSS
1951Yogi BerraNew York YankeesC
1952Bobby ShantzPhiladelphia AthleticsLHP
1953Al RosenCleveland Indians3B
1954Yogi BerraNew York YankeesC
1955Yogi BerraNew York YankeesC
1956Mickey MantleNew York YankeesOF
1957Mickey MantleNew York YankeesOF
1958Jackie JensenBoston Red SoxOF
1959Nellie FoxChicago White Sox2B
1960Roger MarisNew York YankeesOF
1961Roger MarisNew York YankeesOF
1962Mickey MantleNew York YankeesOF
1963Elston HowardNew York YankeesC
1964Brooks RobinsonBaltimore Orioles3B
1965Zoilo VersallesMinnesota TwinsSS
1966Frank RobinsonBaltimore OriolesOF
1967Carl YastrzemskiBoston Red SoxOF
1968Denny McLainDetroit TigersRHP
1969Harmon KillebrewMinnesota Twins3B
1970Boog PowellBaltimore Orioles1B
1971Vida BlueOakland AthleticsLHP
1972Dick AllenChicago White Sox1B
1973Reggie JacksonOakland AthleticsOF
1974Jeff BurroughsTexas RangersOF
1975Fred LynnBoston Red SoxOF
1976Thurman MunsonNew York YankeesC
1977Rod CarewMinnesota Twins1B
1978Jim RiceBoston Red SoxOF
1979Don BaylorCalifornia AngelsLF/DH
1980George BrettKansas City Royals3B
1981Rollie FingersMilwaukee BrewersRHP
1982Robin YountMilwaukee BrewersSS
1983Cal Ripken Jr.Baltimore OriolesSS
1984Willie HernándezDetroit TigersLHP
1985Don MattinglyNew York Yankees1B
1986Roger ClemensBoston Red SoxRHP
1987George BellToronto Blue JaysOF
1988Jose CansecoOakland AthleticsOF
1989Robin YountMilwaukee BrewersOF
1990Rickey HendersonOakland AthleticsOF
1991Cal Ripken Jr.Baltimore OriolesSS
1992Dennis EckersleyOakland AthleticsRHP
1993Frank ThomasChicago White Sox1B
1994Frank ThomasChicago White Sox1B
1995Mo VaughnBoston Red Sox1B
1996Juan GonzálezTexas RangersOF
1997Ken Griffey Jr.Seattle MarinersOF
1998Juan GonzálezTexas RangersOF
1999Iván RodríguezTexas RangersC
2000Jason GiambiOakland Athletics1B
2001Ichiro SuzukiSeattle MarinersOF
2002Miguel TejadaOakland AthleticsSS
2003Alex RodriguezTexas RangersSS
2004Vladimir GuerreroAnaheim AngelsOF
2005Alex RodriguezNew York Yankees3B
2006Justin MorneauMinnesota Twins1B
2007Alex RodriguezNew York Yankees3B
2008Dustin PedroiaBoston Red Sox2B
2009Joe MauerMinnesota TwinsC
2010Josh HamiltonTexas RangersOF
2011Justin VerlanderDetroit TigersRHP
2012Miguel CabreraDetroit Tigers3B
2013Miguel CabreraDetroit Tigers3B
2014Mike TroutLos Angeles AngelsOF
2015Josh DonaldsonToronto Blue Jays3B
2016Mike TroutLos Angeles AngelsOF
2017José AltuveHouston Astros2B
2018Mookie BettsBoston Red SoxOF
2019Mike TroutLos Angeles AngelsOF
2020José AbreuChicago White Sox1B
2021Shohei OhtaniLos Angeles AngelsRHP/DH
2022Aaron JudgeNew York YankeesOF
2023Shohei OhtaniLos Angeles AngelsRHP/DH

List of MVP Winners

YearAL WinnerNL Winner
2023Shohei OhtaniRonald Acuña Jr.
2022Aaron JudgePaul Goldschmidt
2021Shohei OhtaniBryce Harper
2020José AbreuFreddie Freeman
2019Mike TroutCody Bellinger
2018Mookie BettsChristian Yelich
2017José AltuveGiancarlo Stanton
2016Mike TroutKris Bryant
2015Josh DonaldsonBryce Harper
2014Mike TroutClayton Kershaw
2013Miguel CabreraAndrew McCutchen
2012Miguel CabreraBuster Posey
2011Justin VerlanderRyan Braun
2010Josh HamiltonJoey Votto
2009Joe MauerAlbert Pujols
2008Dustin PedroiaAlbert Pujols
2007Alex RodriguezJimmy Rollins
2006Justin MorneauRyan Howard
2005Alex RodriguezAlbert Pujols
2004Vladimir GuerreroBarry Bonds
2003Alex RodriguezBarry Bonds
2002Miguel TejadaBarry Bonds
2001Ichiro SuzukiBarry Bonds
2000Jason GiambiJeff Kent
1999Iván RodríguezChipper Jones
1998Juan GonzálezSammy Sosa
1997Ken Griffey Jr.Larry Walker
1996Juan GonzálezKen Caminiti
1995Mo VaughnBarry Larkin
1994Frank ThomasJeff Bagwell
1993Frank ThomasBarry Bonds
1992Dennis EckersleyBarry Bonds
1991Cal Ripken Jr.Terry Pendleton
1990Rickey HendersonBarry Bonds
1989Robin YountKevin Mitchell
1988Jose CansecoKirk Gibson
1987George BellAndre Dawson
1986Roger ClemensMike Schmidt
1985Don MattinglyWillie McGee
1984Willie HernándezRyne Sandberg
1983Cal Ripken Jr.Dale Murphy
1982Robin YountDale Murphy
1981Rollie FingersMike Schmidt
1980George BrettMike Schmidt
1979Don BaylorKeith Hernandez & Willie Stargell
1978Jim RiceDave Parker
1977Rod CarewGeorge Foster
1976Thurman MunsonJoe Morgan
1975Fred LynnJoe Morgan
1974Jeff BurroughsSteve Garvey
1973Reggie JacksonPete Rose
1972Dick AllenJohnny Bench
1971Vida BlueJoe Torre
1970Boog PowellJohnny Bench
1969Harmon KillebrewWillie McCovey
1968Denny McLainBob Gibson
1967Carl YastrzemskiOrlando Cepeda
1966Frank RobinsonRoberto Clemente
1965Zoilo VersallesWillie Mays
1964Brooks RobinsonKen Boyer
1963Elston HowardSandy Koufax
1962Mickey MantleMaury Wills
1961Roger MarisFrank Robinson
1960Roger MarisDick Groat
1959Nellie FoxErnie Banks
1958Jackie JensenErnie Banks
1957Mickey MantleHank Aaron
1956Mickey MantleDon Newcombe
1955Yogi BerraRoy Campanella
1954Yogi BerraWillie Mays
1953Al RosenRoy Campanella
1952Bobby ShantzHank Sauer
1951Yogi BerraRoy Campanella
1950Phil RizzutoJim Konstanty
1949Ted WilliamsJackie Robinson
1948Lou BoudreauStan Musial
1947Joe DiMaggioBob Elliott
1946Ted WilliamsStan Musial
1945Hal NewhouserPhil Cavarretta
1944Hal NewhouserMarty Marion
1943Spud ChandlerStan Musial
1942Joe GordonMort Cooper
1941Joe DiMaggioDolph Camilli
1940Hank GreenbergFrank McCormick
1939Joe DiMaggioBucky Walters
1938Jimmie FoxxErnie Lombardi
1937Charlie GehringerJoe Medwick
1936Lou GehrigCarl Hubbell
1935Hank GreenbergGabby Hartnett
1934Mickey CochraneDizzy Dean
1933Jimmie FoxxCarl Hubbell
1932Jimmie FoxxChuck Klein
1931Lefty GroveFrankie Frisch

MLB Players With Most MVP Awards

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

  • Barry Bonds: 7
  • 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: 23
  • Cardinals: 21
  • Dodgers: 14
  • 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).

 

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About the Author

Shane Jackson

Read More @Sjacksonmgm

Shane Jackson is a Web Content Writer for BetMGM, covering MLB and NBA. After graduating from the University of Kansas, his previous stops include MLB.com, Lawrence Journal-World, Manhattan Mercury, Bet Chicago Sports, WynnBET, and Sportsbook Review.

Shane Jackson is a Web Content Writer for BetMGM, covering MLB and NBA. After graduating from the University of Kansas, his previous stops include MLB.com, Lawrence Journal-World, Manhattan Mercury, Bet Chicago Sports, WynnBET, and Sportsbook Review.