The Vince Lombardi Trophy is the ultimate prize of the Super Bowl. But the next biggest one after that? The Super Bowl MVP — even though players will never admit it out loud. This piece of hardware is covered by players AND bettors alike. Superbowl MVP odds drive waves of betting dollars and for good reason: it can pay nicely.

For this reason, we’ve created a complete guide to the Super Bowl MVP bet. As you keep reading, you’ll find Super Bowl MVP odds, tips, trends, and more! Stick with us if you want to make money off who will be Super Bowl MVP this year, next year, and so forth.

2024 Super Bowl MVP Betting Odds

Super Bowl MVP odds aren’t available until we actually know the championship matchup. That’s not until late January when the AFC and NFC championship games are played in the playoffs.

As soon as that happens, candidates for the MVP award will be released by the top sportsbooks for Super Bowl betting. It’ll be a giant list of potential MVP winners too since conceivably, anyone can win the thing — from a star defensive player to a wide receiver. But make no mistake, quarterbacks will have the best odds at MVP (more on that soon).

How Do Super Bowl MVP Odds Work?

All right, this is an important question — how do you even read the MVP odds? Without knowing this, you can’t fully grasp how hot to bet on Super Bowl MVP. Fear not, it’s easier than you think and we’re here to break it all down.

Let’s use an example, shall we? For convenience, we’ll use the most recent Super Bowl matchup between the Kansas City Chiefs and Philadelphia Eagles in 2023. It was the usual NFL odds on favorites — Patrick Mahomes, Jalen Hurts, Travis Kelce, A.J. Brown, Devonta Smith, and so forth.

Eventually, it was Mahomes who got MVP of the Super Bowl 57. His betting line closed at +120 before the game. This means if you had wagered $100 on Mahomes, the Super Bowl MVP payout was $120 profit.

By and large, most MVP candidates will be plus money. That’s just the nature of this bet which has a large amount of betting options. Plus-money odds are super easy to read. Whatever the plus number is (e.g. +200), that’s how much you stand to earn if the bet hits on a $100 gamble ($200 if +200).

Why Do Super Bowl MVP Odds Change?

Don’t be surprised to see Super Bowl MVP odds change from when they first come out — two weeks before the big game — until game-time. Matter of fact, most Super Bowl odds will change, not just the MVP line.

You see, sports betting odds are usually in flux. Oddsmakers are forced to update their betting lines based on new information that comes out before a game. Injuries are a huge news variable. If a team’s top touchdown leader in the regular season can’t play, welp, you’ll see that reflected in Super Bowl odds across the board.

Another variable is the betting activity itself. If betting sites are getting too much money on one player, they’ll adjust the lines in an effort to “balance out” the bets. Sportsbooks prefer to avoid the possible liability of having one player over-bet on. Thus, they’ll worsen that player’s odds and also improve that of other plays to entice more equal betting action.

The thing is bettors will have their Super Bowl MVP odds locked as soon as they bet. Even if the line moves at betting sites afterward, none of it affects pre-made bets — only future ones. Sometimes these line changes can be to a bettor’s benefit or detriment, there’s no way of knowing in advance. It’s sometimes why we recommend betting on MVP (and other Super Bowl wagers) until the very end so you’re gambling with the latest information.

How Is Super Bowl MVP Determined?

Another question that arises often is who chooses Super Bowl MVP? Welp, it’s a shared vote by the media and fans.

First off, the NFL hand-picks 16 media members for the voting process. Together, these members make up 80 percent of the Super Bowl MVP vote. The other 20 percent is made up of fans, who are allowed to vote on the game.

Media and fans who pick MVP for Super Bowl must have votes in by the time the game ends. This assures the MVP is awarded during the regular festivities.

Super Bowl MVP Trends

No one will be stunned to learn that quarterbacks are most likely to win Super Bowl MVP. The game’s most important position overweighs in MVP history. During the course of 57 Super Bowls, QB has taken the MVP honor a whopping 32 times.

You see this same trend play out in the regular season MVP with quarterbacks dominating the race too. Online sportsbooks almost always make the two opposing QBs No. 1 and No. 2 on the MVP odds. This bodes well for promising signal callers like Josh Allen (Buffalo Bills), Joe Burrow (Cincinnati Bengals), Lamar Jackson (Baltimore Ravens), Brock Purdy (San Francisco 49ers), and Tua Tagovailoa (Miami Dolphins), among others, who could come to own this award in the next decade like Tom Brady (five MVPs) once did.

Besides quarterback, the other 26 Super Bowl MVP winners have been split among eight positions. Wide receivers lead the way with 8 winners followed by running backs (seven), linebacker (four), defensive back (three), defensive end (two), defensive tackle (one) and returner (also one).

For your convenience, here’s a list of recent Super Bowl MVP winners:

Player Super Bowl MVP Odds
Patrick Mahomes 2023 +130
Cooper Kupp 2022 +600
Tom Brady 2021 +185
Patrick Mahomes 2020 +110
Julian Edelman 2019 +2000
Nick Foles 2018 +325
Tom Brady 2017 +150
Von Miller 2016 +2200
Tom Brady 2015 +160

When making a Super Bowl MVP prediction, the first thing you should do is pick who you think is going to win the title matchup to begin with. This will narrow down the list of betting options in half because the MVP almost always goes to the winning team. Only one time in NFL history was the MVP from the losing side. That was Dallas Cowboys linebacker Chuck Howley way, way back in Super Bowl 5.

Super Bowl MVP Betting Tips

Here’s the million-dollar question atop all bettor’s minds: how do you win the Super Bowl MVP bet? There’s no “magic rule” but we did want to share some of our expert Super Bowl betting strategies that have helped us over the years.

Tip number one: don’t just make a single Super Bowl MVP bet. Going “all in” on one player is quite risky. For one, that player’s team might not even win the Super Bowl, which ends your chances right then and there. Two, that player could get hurt mid-game. Who remembers Los Angeles’ Rams wideout Odell Beckham tearing his ACL a few years ago? Beckham was a leading MVP candidate before the untimely injury too (his WR teammate, Cooper Kupp, went on to win it).

Super Bowl 58 MVP Odds

This is why we advocate on at least two MVP bets. Probably one wager on each team, but if you’re super confident one side will win, then “doubling up” isn’t a horrible idea. So long as the bet-on players are both plus money, you can come out profitable despite one bet being a sure-fire loser.

Another valuable tip is to do your research on the game matchup. Honestly, this research should underpin your entire Super Bowl betting slate — not just the MVP award. By research, we mean you should know how the two teams stack up against one another. Who will have the upper hand at the line of scrimmage? Who can run the ball better and control the clock? Which has the better coaching staff? These are examples of questions you should have answered ahead of time.

With well-researched answers, you’ll know what the game’s biggest possible exploits are. For example, if one team has a leading rusher and the opponent has struggled to defend the run all year long, then you might’ve just uncovered a mismatch. In this example, putting money on the leading rusher to win MVP could make a lot of betting sense.

How To Bet On Super Bowl MVP?

If you’ve read this entire guide from start to finish, you’re almost ready to lay down this NFL futures bet. The only thing missing? Knowing where to bet Super Bowl MVP. We would strongly recommend one of the betting sites listed below. Per our latest sportsbook reviews, these are the “cream of the crop” for NFL betting.

One major reason we vouch for these sports betting sites so hard is because of their promotions. Any one of them is offering hundreds to thousands of dollars in bonus bets — money that can bankroll your Super Bowl betting for free. Many times, major-name bookies like BetMGM, Caesars Sportsbook, and DraftKings can’t even match the bonus code offerings of the sites below. Some of our favorite big-money promo code are listed below for your convenience:

Pick any of the betting sites above and head straight to its NFL menu once the Super Bowl game is known. In the futures markets, you’ll be able to find Super Bowl MVP odds right then and there. From there, make your bets and you should be ready to go. It’s really that simple.

We’ve armed you with everything you need to know about Super Bowl MVP gambling. Any last questions might be covered in our FAQ. But now it’s on you to put your “money where your mouth is.”

Meet the author

Eric Uribe

Eric has been passionate about sports since he was 10 years old. He brings over 10 years of sports journalism experience to his expert coverage of sports betting. Hailing from the US, Eric leverages his diverse expertise covering sports at all levels – from high sch...