The National Football League’s Most Valuable Player Award is handed out annually to the NFL player sportswriters and broadcasters agree was the most valuable to his team throughout the NFL regular season. You can now bet on who will win the award this season at licensed Michigan sportsbooks.
In the meantime, though, you might as well take a gander at the early futures bets already being offered at a variety of NFL betting sites. In fact, some sites have already slapped odds on next season’s NFL MVP race. What are the best early NFL MVP bets for 2021? We’re glad you asked. Patrick Mahomes (+500). A futures wager is a bet on events that will take place in time, like the Most Valuable Player award in the NFL. At your betting site of choice, you’ll see NFL MVP odds listed like so: Dak Prescott +200. Patrick Mahomes +400. Lamar Jackson +700. While the bigger names tend to be strong MVP betting favorites, there are also live long shots that can provide tremendous value. Look at younger players on the verge of breaking out, or guys that.
The NFL MVP Award is the AssociatedPress NFL Most Valuable Player Award. It is presented by the Associated Press to the player a panel of 50 sportswriters and broadcasters says is the most valuable to his team during the NFL regular season.
Since 2011, the NFL has held a ceremony awarding the MVP and other AP awards, including AP NFL Offensive Player of the Year and AP NFL Defensive Player of the Year. The NFL Honors awards ceremony is held annually the night before the SuperBowl.
The NFL MVP betting market is one of several NFL futures markets available at licensed Michigan sportsbooks. You can bet on who will win the award at moneyline odds available almost all year long. You lock in the odds at the time you place an NFL MVP futures bet, but these odds can and will be adjusted for future betting as the season continues. The odds are typically better in the offseason, preseason, and early season for the players who ultimately emerge as favorites to win MVP.
Read on for more on the NFL MVP Award itself, Michigan NFL MVP futures markets, and the favorites to win the award this NFL season.
You can bet on who will win the NFL MVP Award during the offseason, preseason, and throughout the season. The odds are adjusted as the season continues, but you lock in the currently posted odds when you place an NFL MVP futures bet.
Here’s a look at the current Michigan NFL MVP futures market:
You can bet on the NFL MVP futures market using your smartphone or tablet in Michigan.
Betting with a Michigan mobile sports betting app gives you the chance to take advantage of various bonus offers and get futures bets down quickly before these operators have a chance to adjust the odds following games that will surely impact the markets.
DraftKingsSportsbook, BetMGM, and FanDuelSportsbook have some of the best apps on the market. Here’s why:
DraftKings Sportsbook in Michigan has one of the largest NFL MVP futures markets available. The DraftKings Sportsbook app is available on iOS and Android devices, and comes with a sign-up bonus of up to $1,050, including a $50 free bonus just for signing up, a 20% matched first deposit bonus of up to $1,000 risk-free first real-money bet.
BetMGM online sports betting also has a good variety of NFL MVP futures options. The app will be available on iOS and Android devices and it should come with a sign-up bonus that includes a 100% deposit match worth up to $600.
FanDuel Sportsbook‘s MVP futures market aims to please by offering competitive odds. The FanDuel Sportsbook app will also be available for iOS and Android devices and should come with a $1,000 risk-free bet bonus offer for new players who make a deposit.
A quick look at the Michigan NFL MVP Awards futures markets should tell you everything you need to know about betting on the NFL.
You’ll see the names of a variety of players, almost always with positive odds numbers beside each name. For example, you might see 2018 NFL MVP winner Patrick Mahomes with the number +380 beside his name or reigning NFL MVP Lamar Jackson with the number +700 beside his.
Until a player is running away with the MVP award and no one else can win, these numbers will remain positive figures. What that means is that most of the time, no player is a true odds-on favorite to win NFL MVP.
Positive odds numbers indicate how much you stand to win for every $100 you bet. Plus, you’ll also get your original bet back if you do win. That means, at the odds listed above, a $100 bet on Patrick Mahomes to win would pay $480 if Mahomes wins the award. It also means a $50 bet on Lamar Jackson to win would pay a total of $400 if Jackson wins MVP.
Should one player dominate the league so much it’s almost impossible there will be another MVP winner, that player will end up with a negative odds number beside his name. Negative odds numbers indicate how much you need to bet to stand to win $100, plus your bet back.
If one player is running away with the MVP award, he will be a true odds-on favorite to win NFL MVP and you might see his odds adjusted to -120. That means you’ll have to bet $120 to win $100, plus your $120 bet back.
Of course, all this is a wash if the season is canceled for any reason. The cancellation of the NFL season should mean all NFL MVP futures bets are returned.
Some trends do emerge when you look at a list of NFL MVP Award winners.
Since 1961, the award has gone to an offensive player all but three times: Minnesota Vikings defensive tackle Alan Page in 1971, Washington Redskins placekicker Mark Moseley in 1982, and New York Giants linebacker Lawrence Taylor in 1986.
Plus, the award is almost always given to a quarterback. Since 1961, 42 QBs have won the award. A total of 16 running backs make up the other MVP winners on the offensive side of the ball. No wide receiver, tight end, or other offensive lineman has ever won.
QBs are also currently on a seven-year winning streak, dating back to 2012 when the Minnesota Vikings’ Adrian Peterson was the last running back to win MVP.
Outside of Cleveland Browns running back Jim Brown, who won MVP in 1965 and twice before it was officially the MVP award, no running back has ever won the MVP award twice.
However, there have been five QBs who have won the NFL MVP Award more than once over the past 25 years. This includes:
Add it up, and it’s easy to see why most Michigan sportsbooks are currently offering lower odds on 2018 NFL MVP winner Patrick Mahomes and reigning NFL MVP Lamar Jackson than most others ahead of the 2020 NFL season.
Betting on a QB to win NFL MVP in 2020 is a good idea. But you may want to take a flier at long odds on a running back, wide receiver or defensive player too.
Here’s a look at the top two QB NFL MVP candidates at the start of the season along with a few candidates from the other positions as well:
Here’s a look at the AP NFL MVP winner over the past 15 seasons: New Free Spins March, 2021 - No Deposit Casino.
In addition to NFL MVP, there are several other annual NFL awards you can bet on in the futures markets at Michigan sportsbooks. This list includes:
Plus, there are other team and player NFL futures markets at Michigan sportsbooks including: