Odds to win NFL MVP: Lamar Jackson is the odds-on favourite
Lamar Jackson moved into odds-on favourite status after defeating the 49ers in Week 16. Photo by Phelan M. Ebenhack/AP.

A lot can change in a week. Just ask former NFL MVP favourite Brock Purdy.

The latest: Purdy went from odds-on favourite to afterthought following last week's four-interception nightmare against the Baltimore Ravens. On the other side of the field, Ravens QB Lamar Jackson impressed enough to become the MVP frontrunner. Another solid MVP candidate — Tua Tagovailoa — will face Jackson this week with a chance to make his case.

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.

PlayerOdds (Dec. 27)Odds (Dec. 20)Odds (preseason)
Lamar Jackson-200+400+1,400
Christian McCaffrey+450+1,200+8,000
Tua Tagovailoa+900+2,000+1,800
Josh Allen+1,100+1,200+800
Brock Purdy+1,100-200N/A
Dak Prescott+1,600+700+2,200
Tyreek Hill+1,600+2,500N/A
Jalen Hurts+2,000+2,000+1,100
Patrick Mahomes+5,000+2,000+600
Jared Goff+5,000+5,000N/A

NFL odds as of 2:40 p.m. on 12/27/2023.

Best NFL MVP odds

The favourite: Lamar Jackson (-200)

When comparing Jackson's 2023 season to his MVP campaign from 2019, you'll notice the numbers don't stack up.

This year, Jackson will finish with fewer passing TDs, fewer rushing yards and a lower QB rating than he did in that magical 2019 season. But it's important to note that he's competing against the rest of the league for this award — not against his former self.

And with that in mind, Jackson's less-than-flashy body of work might still be enough to take home the NFL's top individual prize.

The best way to frame Jackson's MVP case might be to focus on what his team is lacking. Without top tailback J.K. Dobbins and top receiving target Mark Andrews, Jackson has led the Ravens to the NFL's best record through 16 weeks.

It goes without saying that locking up the AFC's top seed would go a long way in helping Jackson lock up this award.

Other NFL MVP choices

Best value: Tua Tagovailoa (+900)

Last week, Jackson went toe-to-toe with the then-MVP favourite. Now, Tagovailoa has a turn.

The fourth-year quarterback leads the NFL in passing yards (4,214) and completion percentage (70.5%). He's also second in QB rating (105.4) and sixth in TD passes (26).

So, statistically, he's well within the ballpark to compete for MVP. And if his Dolphins take down Jackson's Ravens this week, we'll definitely see some movement on the odds leaderboard.

Jackson's -200 position on the odds leaderboard means it's his race to lose, but a stellar game by Tagovailoa — on the road, against the No. 1 scoring defence — would raise eyebrows.

Player to watch: Christian McCaffrey (+450)

Purdy struggled in Week 16, but McCaffrey didn't. The NFL rushing leader topped 100 scrimmage yards for an eighth consecutive game, doing his part to give San Fran some life on offence.

The consistency of McCaffrey is something to be admired, not taken for granted. He has 100-plus scrimmage yards in 12 of 15 games, and he's scored a TD in 13 of 15.

Facing the 32nd-ranked Commanders defence this week means McCaffrey will have a big opportunity to put up numbers. If he balls out, he can absolutely gain on Jackson and give himself a shot at winning MVP.

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