Introduction to MLB MVP Odds
The MLB MVP awards have been a cornerstone of the baseball season, recognizing the most outstanding players in the American and National Leagues. Recently, Shohei Ohtani and Aaron Judge have dominated the scene, with Ohtani unanimously winning his fourth MVP and Judge narrowly capturing his third. As the 2026 season approaches, both players are favored to win again, with Ohtani already commanding a -110 price tag.
Photo By – Imagn Images. Dodgers SP/DH Shohei Ohtani (17) runs to first as he hits an RBI single.
For the second consecutive year, Aaron Judge and Shohei Ohtani have respectively won the AL and NL MVP. This achievement is a testament to their exceptional skills and dedication to the sport. Ohtani’s next milestone may be the most MVP trophies in MLB history, though he has some work to do, as the current record holder is Barry Bonds, with seven.
Understanding the Odds
Judge narrowly topped Seattle Mariners catcher Cal Raleigh, earning just three more first-place votes to capture his second straight AL MVP, and third overall. The odds for the 2026 season are already out, with Ohtani favored to win his fifth MVP trophy. Note that some players, such as Kyle Schwarber, Pete Alonso, and Alex Bregman, are not listed due to their free agent status.
The odds to win the 2026 AL and NL MVP awards are subject to change, but currently, Ohtani is the clear favorite. Below, we’ll look at the early MLB odds for the 2026 season and AL & NL MVP. Odds last updated on 11-17.
Previous Winners and Records
Here are the last 10 winners of the AL and NL MVP Award, with Shohei Ohtani leading the way as a four-time winner, with two in the AL and two in the NL. Only Frank Robinson has also won MVP awards in both leagues. Barry Bonds holds the record for most MVP awards, with seven. The New York Yankees have won the most MVPs in MLB history with 25, while the St. Louis Cardinals are second, leading all NL teams, with 21.
No player for the Arizona Diamondbacks, New York Mets, or Tampa Bay Rays has ever won MVP. Previous AL MVP winners include Aaron Judge, who won his second AL MVP trophy after hitting 58 home runs with a.322/.48/.701 slash line. Los Angeles Dodgers slugger Shohei Ohtani became the first pure DH in MLB history to win an MVP.
MLB MVP Odds Explained
Most sportsbooks will display odds in the American format. When Goldschmidt ran away with the MVP award in 2022, his odds had a minus (-) sign ahead of the number for a large part of the season. That means that a bettor in August had to wager $6,000 to win $100 by betting on Goldy to win MVP. Before the season starts, almost every player will have a plus (+) sign ahead of their odds.
That means a bettor would have profited $200 for a $100 wager on Ohtani before the season started. If American odds aren’t your thing, simply use a tool like our odds converter to switch the odds to decimal or fractional format. Most online sportsbooks also give you the option to change the odds format that you see.
MLB MVP FAQ
Who is the betting favorite to win the 2025 AL MVP? Yankees OF Aaron Judge is back in front now that he’s off the IL. Who is the favorite to win the 2025 NL MVP? Los Angeles Dodgers DH Shohei Ohtani is the betting favorite to win NL MVP. Who won the 2024 AL MVP? New York Yankees outfielder Aaron Judge won his second AL MVP trophy after hitting 58 home runs with a.322/.48/.701 slash line.
Who won the 2024 NL MVP? Los Angeles Dodgers slugger Shohei Ohtani became the first pure DH in MLB history to win an MVP. Who won the most MVP awards in MLB history? Of the 33 players to have multiple MVP trophies, Barry Bonds is far and away the leader with seven. When are MLB MVPs announced? AL and NL MVP awards are typically announced in mid-November after the World Series has been played.
Smart Tip for Readers
When evaluating MLB MVP odds, consider factors such as a player’s past performance, team dynamics, and overall league trends to make informed decisions. For the latest information on MLB MVP odds, visit Here
