TAMPA, Fla. (COVERS) — The Super Bowl is the biggest sporting event of the year and only the elite will shine brightest on that global stage. Of course, we’re talking about the Most Valuable Player award.  

Betting on the Super Bowl MVP is a massively popular prop market and with the Big Game matchup set between the Kansas City Chiefs and Tampa Bay Buccaneers, Super Bowl MVP odds have been trimmed to the top talents on the two remaining teams for betting at many online sportsbooks.  

Oddsmakers favor Mahomes, Brady

The top of the Super Bowl MVP odds board is a generational battle between Kansas City quarterback and Super Bowl LIV MVP Patrick Mahomes (-120) and Tampa Bay QB and four-time Big Game MVP winner Tom Brady (+187).

Since 30 of the past 54 Super Bowl MVP winners have been quarterbacks, oddsmakers have a significant gap in price between Mahomes and Brady, and the rest of the MVP contenders. 

Rounding out the Top 8 players on the Super Bowl LV MVP odds are Tyreek Hill (+1,000), Travis Kelce (+1,000), Tyrann Mathieu (+2,500), Darrel Williams (+2,500), Mike Evans (+2,800) and Leonard Fournette (+2,800).

Current Super Bowl 2021 MVP Odds

Super Bowl 2021 MVP odds started showing up at sportsbooks on January 6, 2021, and have now been slimmed to the top talents on the Chiefs and Buccaneers.

You’ll see odds movement throughout the two-week ramp up to Super Sunday but the most significant changes to the odds boards will come in the 48 hours before kickoff on February 7.

PlayerSuper Bowl 55 MVP Odds (as of Jan 25)
Patrick Mahomes-120
Tom Brady+187
Tyreek Hill+1,000
Travis Kelce+1,000
Tyrann Mathieu+2,500
Darrel Williams+2,500
Mike Evans+2,800
Leonard Fournette+2,800
Chris Godwin+3,000
Devin White+3,000
Clyde Edwards-Helaire+3,300
Mecole Hardman+3,300
Sammy Watkins+3,300
Shaquil Barrett+4,000
Frank Clark+4,000
Chris Jones +4,000 

Odds courtesy of bet365

How is the Super Bowl MVP decided?

The Super Bowl MVP is decided after the conclusion of the game by a panel of 16 NFL journalists (writers and broadcasters) as well as a fan vote (online and mobile), which was added in 2001. 

The panel makes up 80 percent of the voting while the fan vote makes up the remaining 20 percent. The player voted on as having the most significant impact on their team’s success will be honored as the Most Valuable Player of the Super Bowl.

Super Bowl MVP Props

Online sportsbooks will put up some fun props surrounding the Super Bowl MVP, with one of the more popular markets being who or what the player will refer to first in their speech.

Who will the MVP refer to first in his speech?
Winning City+700
Team Owner+1,000
How to read Super Bowl MVP odds

The Super Bowl MVP odds are displayed in a list format with corresponding odds for each player considered an MVP candidate. The odds will reflect the implied probability of that player winning MVP.

Some sportsbooks will have a very long and detailed list with plenty of players available. Other books will list just the skill positions and key defensive contributors while adding a “field” or “other” option which includes any player not officially listed. 

Most sportsbooks in North America will list Super Bowl MVP odds in American format:

  • Patrick Mahomes +110
  • Tom Brady +250

This means that a $100 bet on Mahomes would have profited $110, or a $100 bet on Brady would have profited $250. Use our odds converter to switch American odds to decimal or fractional and to see how much you could win using different odds.