NFL MVP Odds 2026: Josh Allen Rises to +450 After Week 1

Who is the current favorite in the 2026 NFL MVP Race? Find the latest NFL MVP odds and NFL MVP ladder based on prices at BetMGM.
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Below, bettors can find NFL odds for the 2026 NFL MVP winner. 

NFL MVP Ladder 2026

Name Odds
Josh Allen (BUF)+450
Lamar Jackson (BAL)+700
Caleb Williams (CHI)+900
Joe Burrow (CIN)+900
Trevor Lawrence (JAC)+1200
Patrick Mahomes (KC)+1400
Brock Purdy (SF)+1500
Drake Maye (NE)+2000
Justin Herbert (LAC)+2000
Matthew Stafford (LAR)+2000
Jordan Love (GB)+2200
Dak Prescott (DAL)+2500
Jalen Hurts (PHI)+2500
Jared Goff (DET)+3500
Jayden Daniels (WAS)+3500
Bo Nix (DEN)+5000
Jaxson Dart (NYG)+5000
Sam Darnold (SEA)+6000
C.J. Stroud (HOU)+6600
Jahmyr Gibbs (DET)+6600
Baker Mayfield (TB)+8000
Aaron Rodgers (PIT)+10000
Bijan Robinson (ATL)+10000
Tyler Shough (NO)+10000
Kyler Murray+10000
Bryce Young (CAR)+15000
Christian McCaffrey (SF)+15000
Daniel Jones (IND)+15000
Derrick Henry (BAL)+15000
Ja'Marr Chase (Cin)+15000

Josh Allen solidified his status as the MVP favorite in Week 1. Against a strong Houston Texans defense, he tossed three touchdown passes and ran for two more in a 36-31 victory.

The performance moved Allen’s MVP price from +650 to +450. Entering Week 2, Allen possesses 4.6% of bets and 3.8% of money wagered at BetMGM to win MVP.

Two other preseason short shots saw price adjustments as well. Lamar Jackson moved from +850 to +700 while Caleb Williams (+1600 to +900) saw a sizable adjustment. Williams scored two rushing touchdowns as the Bears scored 59 points against the Panthers.

As it stands, Williams (12.8% of bets, 14.6% of money) serves as the biggest liability to win MVP at BetMGM.

Three popular bets before the season saw significant price declines: Bo Nix, Justin Herbert and Dak Prescott. Herbert dropped from +1000 to +2000, Nix fell from +3500 to +5000, while Prescott moved from +1400 to +2500.

The two biggest movements after Week 1 belong to Jaxson Dart and Trevor Lawrence.

Oddsmakers adjusted Dart’s price from +6600 to +5000 after a win over Dallas. Lawrence, who threw four touchdown passes against Cleveland, jumped from +2500 to +1200.

Both currently sit on fewer than 4% of bets and under 5.5% of all money wagered in the MVP market.

Who is Leading the NFL MVP Race 2026?

Following Week 1, Bills quarterback Josh Allen (+450) leads the NFL MVP race. At that price, Allen possesses an 18.2% implied probability of winning his second MVP honor in the last three seasons.

Behind Allen sits Ravens quarterback Lamar Jackson (+700), Bears quarterback Caleb Williams and Bengals quarterback Joe Burrow (both +900). Jackson seeks his third MVP win while Burrow and Williams are chasing their first most valuable player award.

YearNFL Most Valuable Player
2025Matthew Stafford
2024Josh Allen
2023Lamar Jackson
2022Patrick Mahomes
2021Aaron Rodgers
2020Aaron Rodgers
2019Patrick Mahomes
2018Lamar Jackson
2017Tom Brady
2016Matt Ryan
2015Cam Newton
2014Aaron Rodgers
2013Peyton Manning
2012Adrian Peterson
2011Aaron Rodgers
2010Tom Brady

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About the Author Read More @nickhennion

Nick Hennion is a senior content writer for BetMGM. His previous stops include VSiN, NBC Sports, The Action Network and Forbes Betting. He owns a bachelor's degree from Syracuse University and a master's degree from Northwestern University.

Nick Hennion is a senior content writer for BetMGM. His previous stops include VSiN, NBC Sports, The Action Network and Forbes Betting. He owns a bachelor's degree from Syracuse University and a master's degree from Northwestern University.