Odds to win NFL MVP: Allen overtakes Mahomes
Josh Allen is a statistical juggernaut. Photo by Wilfredo Lee/AP.

The NFL season is three weeks in, and it's time to take another look at the MVP odds for the 2022 campaign.

The latest: Josh Allen has been producing at an elite level with his arm and his legs, Lamar Jackson is looking more potent than ever through the air and Jalen Hurts is the driving force of a dangerous Philadelphia Eagles team.

Here are the latest NFL MVP odds:

NFL MVP odds

Check out the latest odds to win NFL MVP. Click linked odds to add selection to your betslip.

PlayerOddsOdds on September 19
Josh Allen+350+400
Patrick Mahomes+600+300
Lamar Jackson+700+1,200
Jalen Hurts+800+1,600
Tua Tagovailoa+1,100+1,700
Justin Herbert+1,400+900
Aaron Rodgers+1,600+1,400
Joe Burrow+2,500N/A
Matthew Stafford+2,500N/A
Kyler Murray+3,300+2,200

Odds as of 12:28 p.m. on 09/26/2022.

Best NFL MVP odds

The favourite: Josh Allen (+350)

It's odd to see a player recapture MVP-favourite status after a loss, but the 400 passing yards and two touchdowns Allen accumulated in Week 3 will help his chances in the end.

The 26-year-old remains the focal point of an offence that looks like one of the scariest groups in the league, and his mix of arm talent and athleticism is extremely rare.

As it stands, Allen leads the NFL in passing (338 yards/game) and is second in touchdowns (nine). If he's able to do that while functioning as his team's top rushing threat, it will be tough to deny him this award.

His rival Patrick Mahomes may have tumbled a little too far based on a single disappointing outing, but it's easy to see why Allen had the shortest odds prior to the season. In order to strengthen his case, he would benefit from the Bills getting healthy at the wide receiver position and in the secondary.

Other NFL MVP choices

Best value: Lamar Jackson (+700)

Jackson is coming off a middling season by his lofty standards, but his game-breaking rushing capabilities make him a compelling MVP candidate as long as he's effective throwing the ball.

His 240.2 passing yards/game in 2021 marked a career-high, but his touchdown-to-interception ratio of 16:13 was troubling. This season, he's averaging 249.7 yards through the air and that ratio is a crisp 10:2, helping him post the NFL's best passer rating (119.0).

Baltimore manhandled the New York Jets in Week 1 and fell to the Dolphins in Week 2, although Jackson was not at fault. He then threw for four touchdowns and ran for 107 yards in an outstanding performance against the New England Patriots.

His duel with Allen and the Bills on October 2 will be an excellent opportunity to take his MVP candidacy to another level.

Player to watch: Jalen Hurts (+800)

No one saw Hurts as a preseason favourite for this award, but suddenly the Philadelphia Eagles are 3-0 with a plus-36 point differential.

Hurts hasn't just been along for the ride, either. While the quality of Philadelphia's roster has helped him thrive, he deserves a tonne of credit for averaging over 300 yards per game through the air while leading the NFL in yards per attempt (9.3) and yards per completion (13.9).

The third-year quarterback hasn't stopped contributing on the ground either, averaging 55.7 rushing yards per game.

It's unclear if Hurts can keep up his current pace, particularly as a passer, but he plays behind an outstanding offensive line and throws to a trio of excellent weapons in A.J. Brown, DeVonta Smith and Dallas Goedert.

He's clearly in a position to succeed.

NorthStar Bets editorial Insiders have no influence, direct or otherwise, over the setting of odds advertised on our platforms.