2025 NFL MVP betting, odds: Public bettors backing Joe Burrow; big bets on Lamar Jackson

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Cincinnati Bengals quarterback Joe Burrow put up an incredible season last year, compiling 4,918 passing yards and 43 touchdowns while throwing nine interceptions. He also was third in the NFL with a total QBR of 74.7, the highest of his career. However, the Bengals went 9-8 and missed the playoffs.

The betting public is expecting an MVP season from Burrow this year.

Burrow (+600) is tied for the third-best odds at BetMGM to win the 2025 NFL MVP award with Buffalo Bills QB Josh Allen, the 2024 MVP, but behind the favorite and two-time MVP Lamar Jackson (+550) of the Baltimore Ravens. Yet Burrow has the most bets and total dollars wagered to win MVP at multiple sportsbooks.

"Burrow is the most-bet player and our biggest liability [among realistic candidates]," BetMGM NFL trader Christian Cipollini told Yahoo Sports.

Burrow has 15.7% of all MVP wagers at BetMGM sportsbooks, along with 24.3% of the handle.

Over the past few weeks, Jackson has moved into the position of consensus MVP favorite at sportsbooks, albeit just slightly ahead of Allen and Burrow.

"Jackson is the most-bet player to win MVP with us in terms of accumulation," Jamey Pileggi, risk manager at Circa Sports, said. "We moved based on liability and just overall popularity that the public seems to have for him in this market."

There are two big reported bets on Jackson to win MVP at multiple sportsbooks as well:

  • $50,000 on Jackson to win NFL MVP at ESPN BET at +550 odds to win $275,000.

  • $50,000 on Jackson to win NFL MVP at Westgate SuperBook in Las Vegas at +600 to win $300,000.

After a historic rookie season in which he led his team to the NFC championship game, Washington Commanders QB Jayden Daniels (+750) has the second-most wagers (8.5%) and total money bet (8.1%) in the MVP market at BetMGM. The Commanders still have yet to sign WR Terry McLaurin, who is looking for a new contract.

Kansas City Chiefs QB Patrick Mahomes (+700), a two-time NFL MVP, has the third-most bets and total dollars wagered.

Ever since Minnesota Vikings RB Adrian Peterson won the MVP in 2012, 12 straight quarterbacks have won the award.

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