MLB All-Star Game MVP Odds: Will Kyle Schwarber Win Again?

Philadelphia Phillies' Kyle Schwarber reacts with his All-Star Game MVP trophy before a baseball game Friday, July 18, 2025, in Philadelphia.
AP Photo/Matt Slocum
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Philadelphia Phillies designated hitter Kyle Schwarber enters the 2026 MLB All-Star Game as the betting favorite to take home the MVP award.

Schwarber secured the MVP trophy in last year’s All-Star Game, hitting three home runs on as many swings to lift the National League team to a win in the first tiebreaking swing-off in MLB history. Schwarber became the first DH to win the award and the second player in Phillies history to do so.

Read on for the latest MLB odds and predictions for the 2026 All-Star Game MVP market:

MLB All-Star Game MVP Odds 2026

PlayerOdds
Kyle Schwarber+1200
Juan Soto+2000
James Wood+2000
Yordan Alvarez+2000
Bryce Harper+2000
Junior Caminero+2500
Matt Olson+2500
Pete Crow-Armstrong+2500
Munetaka Murakami+2500
Bobby Witt Jr.+2500
Ben Rice+2500
Hunter Goodman+2500
Jordan Walker+2500
Shea Langeliers+2500
Mike Trout+3000
Corbin Carroll+3000
Sal Stewart+3000
Wilson Contreras+3000
Miguel Vargas+3000
CJ Abrams+3000
Brandon Marsh+4000
Max Muncy+4000
Drake Baldwin+4000
Freddie Freeman+4000
Kevin McGonigle+4000

Who Will Win the All-Star Game MVP in 2026?

Schwarber enters the All-Star Game as the betting favorite to win the MVP award in front of his home fans at Citizens Bank Park in Philadelphia. His +1200 odds suggest an implied probability of 7.69%.

It’s clear that Schwarber deserves a boost in this environment. He performed well in last night’s Home Run Derby, losing to St. Louis Cardinals outfielder Jordan Walker in the finals. The crowd gave Schwarber some extra juice as a power hitter.

As of the All-Star break, Schwarber paces all MLB players with 32 home runs. He is at -165 in the latest MLB home run leader odds market at BetMGM after entering the year at +800.

Schwarber is in great form entering this game, and it wouldn’t surprise me if he won the MVP award for the second year in a row.

However, I see no reason to back the betting favorite in a volatile market, especially when Schwarber is a designated hitter and can only impress voters at the plate.

As a result, I’d prefer to target strong two-way players instead.

For the American League, Kansas City Royals shortstop Bobby Witt Jr. stands out at +2500 in his first year as an All-Star starter. He’s the best shortstop in the sport, leading all AL players with a fWAR of 4.6.

The only player with a higher fWAR than Witt is Chicago Cubs outfielder Pete Crow-Armstrong, who is also someone I’d target in this market at +2500. He’s emerged as a legitimate MVP challenger to Shohei Ohtani, so I could see him rising to the occasion in this spot for the National League squad.

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About the Author Read More @ShaneThurston25

Shane Thurston 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 Thurston 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.