Super Bowl MVP Odds: Mahomes Favored to Win Award

Kansas City Chiefs quarterback Patrick Mahomes looks to throw during the first half of an NFL football game against the Detroit Lions Thursday, Sept. 7, 2023, in Kansas City, Mo.
(Charlie Riedel/AP Photo)
  • Patrick Mahomes (+105) is the favorite to win Super Bowl MVP.
  • Eagles running back Saquon Barkley (+240) is favored to win for Philadelphia.
  • I predict Eagles quarterback Jalen Hurts wins Super Bowl MVP.

Chiefs quarterback Patrick Mahomes is the favorite to win this yearโ€™s Super Bowl MVP award.ย 

Based on NFL playoff odds, Mahomes (+105) sits atop the odds board for Super Bowl 59. An MVP win for Mahomes would mark his third straight success in the market and his fourth overall Super Bowl MVP.ย 

Eagles running back Saquon Barkley leads the way for Philadelphia at +240. He’s followed on the odds board by Jalen Hurts (+375). After that duo, no player is listed shorter than +1500.

Below, bettors can find odds for all players 100/1 or shorter on the odds board. For the full odds list, head to the BetMGM online sportsbook.ย 

Super Bowl MVP Odds

First Bet Offer $1,500 FBO
PlayerCurrent OddsOpening Odds
Patrick Mahomes+105+400
Jalen Hurts+375+1500
Saquon Barkley+240+1700
Travis Kelce+1500+8000
Xavier Worthy+3000+8000
A.J. Brown+3500+4000
Kareem Hunt+6600+15000
DeVonta Smith+6600+50000
Jalen Carter+6600+25000
Zack Baun+8000+8000
Dallas Goedert+10000+10000

Super Bowl MVP Prediction

Jalen Hurts to Win Super Bowl MVP (+375)

If Hurts goes off as expected — he’s worth a bet in the Anytime Touchdown markets — and plays to the same level as in Super Bowl 57, I predict Hurts Wins Super Bowl MVP (+375).ย 

Thereโ€™s a current narrative, from my perspective, that the only way for Philadelphia to win this game is for Saquon Barkley to go off against Kansas City.ย 

But that discounts the fact that Hurts, if not for a fluky fumble, likely leads the Eagles to a Super Bowl 57 win and probably claims MVP honors.ย 

Dating back to 2022, Hurtsโ€™ Super Bowl 57 performance against the Chiefs registers as the best game of his entire career, based on PFF grading.

Plus, thereโ€™s a feasible script where itโ€™s the Eagles aerial performance that wins them the game.ย 

The Chiefs rank 17th in pass defense DVOA and play a healthy dose of man coverage.ย 

The issue? Hurts excels against man coverage. If the Chiefs deploy zone and try to blitz, it opens the door for Hurts to utilize his legs.ย 

Letโ€™s also remember a long time has passed since a running back won this award.ย 

Not since Terrell Davis in Super Bowl 32 has a running back won MVP. Since Super Bowl 45, quarterbacks have taken home the award 10 times in 14 tries.ย 

As a result, Hurts is worth a bet at +375 to claim the honor.

Super Bowl MVP Public Betting

As it stands, Eagles running backย Saquon Barkley (+240) is preferred by bettors to win Super Bowl MVP.

Before the playoffs, Barkley opened at +2500 to win the honor and now sits at +240. As of Feb. 3, Barkley received 22.1% of bets placed and 21.6% of money wagered.

As of Feb. 9, Barkley owns 21.9% of both bets placed and money wagered to win Super Bowl MVP. With a win, Barkley would become the first running back to capture Super Bowl MVP since Super Bowl 32.

Initially, Chiefs quarterback Patrick Mahomes rated out as the second choice to win the award, which would mark his third straight Super Bowl MVP.

Mahomes opened as the market favorite at +400 and now sits at +105. As of Feb. 3, Mahomes accumulated 10.8% of bets placed and 13.2% of money wagered.

While Mahomes’ percentages have increased with time — he currently sits on 11.2% of bets placed and 14% of money wagered — a new player has overtaken Mahomes in popularity.

That’s Eagles quarterback Jalen Hurts, who sits at +375 to win. As of Super Bowl Sunday, Hurts amassed 13.6% of bets placed and 22.1% of money wagered, the highest money percentage.

Can you win Super Bowl MVP on a losing team?

It is extremely unlikely, but there has been one instance where a losing player won Super Bowl MVP.ย 

That came in Super Bowl V when Cowboys linebacker Chuck Howley won the award in spite of Dallas losing the game.ย 

Who has the most Super Bowl MVPs of all time?

Tom Brady leads the NFL with five Super Bowl MVP wins, including four as a member of the New England Patriots.ย 

Brady holds the lead by two wins over Joe Montana and Patrick Mahomes, who have won the award three times.ย 

What position usually wins Super Bowl MVP?

Generally, Super Bowl MVPs are won by quarterbacks. In 58 previous Super Bowls, a quarterback has won 32 times.ย 

Wide receivers and running backs have claimed eight and seven wins, respectively, while defensive players or special teams players have won 11 times.

Previous Super Bowl MVP Winners

YearWinner
2024Patrick Mahomes
2023Patrick Mahomes
2022Cooper Kupp
2021Tom Brady
2020Patrick Mahomes
2019Julian Edelman
2018Nick Foles
2017Tom Brady
2016Von Miller
2015Tom Brady
2014Malcolm Smith
2013Joe Flacco
2012Eli Manning
2011Aaron Rodgers
2010Drew Brees
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About the Author

Nick Hennion

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.