NFL MVP Odds: Allen and Jackson Are Favored, but Herbert Can't Be Overlooked

Josh Allen (Buffalo Bills) and Lamar Jackson (Baltimore Ravens) are the betting favorites for the 2025-26 NFL MVP award. Allen won the MVP in 2024-25, throwing 40 touchdowns with a career-low 6 interceptions, showcasing elite dual-threat ability and ranking third in EPA/play. Despite potential benefits from a second year with his offensive coordinator and a strong supporting cast, his path to a repeat win is challenging due to historical voter reluctance.

Lamar Jackson finished second in the 2024 MVP voting despite leading the league in passer rating, QBR, yards per attempt, and deep-ball efficiency. He threw 41 touchdowns versus only 4 interceptions, averaged 6.6 yards per rush, and ranked second in adjusted EPA/play. With key offensive weapons returning and Baltimore having strong Super Bowl odds, Jackson is well-positioned to contend for his third MVP if he maintains his performance level.

Justin Herbert (Los Angeles Chargers) is a long shot (+1800) for MVP. He had the most efficient season of his career in 2024, posting the second-lowest interception rate (0.6%) in NFL history for a 500-attempt passer and ranking fifth in on-target rate. While receiver drops hurt his raw stats, Herbert excelled throwing deep, leading the NFL in deep-ball touchdowns. Paired with new head coach Jim Harbaugh and a revamped backfield, Herbert has the arm talent and potential narrative to rise in MVP contention if the Chargers win and his receivers improve.