There isn’t a more significant honor in the MLB than the MVP award. It’s bestowed upon the MLB Player in the American League and National League who amasses the most points from the MVP votes cast by the Baseball Writers Association voters.
So let’s take a look at the current AL MVP odds along with notable line movement and the most popular bets as the 2023 season rolls in.
Updated AL MVP Odds
| Player | Odds |
|---|---|
| Shohei Ohtani | +200 |
| Aaron Judge | +500 |
| Mike Trout | +650 |
| Julio Rodriguez | +800 |
| Yordan Alvarez | +1100 |
| Vladimir Guerrero Jr. | +1500 |
| Jose Ramirez | +1500 |
| Kyle Tucker | +2000 |
| Corey Seager | +3000 |
| Rafael Devers | +3000 |
Odds via BetMGM as of Feb. 27
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Who Is Favored To Win The AL MVP?
Shohei Ohtani is favored to win the American League MVP. In 2022, Ohtani trailed Aaron Judge by only a small margin in the MVP race for a good portion of the season.
2023 looks to be another dual-threat season for Ohtani as he stands atop the BetMGM odds to take home the AL MVP award. The Angels ace looks to back up his 15-9 record and 2.33 ERA with another stellar season. A .273 batting average in 2022 definitely helped his cause as well to be the favorite for the AL MVP in 2023.
AL MVP Odds Movement & News
Feb. 27: As previously mentioned, Ohtani is the favorite to take home the AL MVP award. Last year, Ohtani set a career-high with 219 strikeouts and 34 home runs. As the only notable offensive and defensive threat in the league, BetMGM has him favored at +200 ahead of last year’s MVP, Aaron Judge.
After signing the third largest contract of all time with the Yankees, Aaron Judge has +500 odds to back up his AL MVP award in 2022. The newly appointed Yankees captain nearly won the triple crown with a .311 batting average and an American League record 62 home runs. All things considered, Judge may not repeat this kind of success in 2023 but still sits in second with +500 odds to take home the AL MVP.
Mike Trout sits in third with +650 odds to win the AL MVP. Even though Trout’s seasons are beginning to shorten as the injuries seem to start piling up, the Angels superstar is still putting up MVP-caliber numbers. A .283 batting average and 40 home runs in 119 games last season easily secured him a spot behind the two obvious front runners, Judge and Ohtani.
AL MVP Previous Winners
| Player | Team | Year |
|---|---|---|
| Aaron Judge | New York Yankees | 2022 |
| Shohei Ohtani | Los Angeles Angels | 2021 |
| Jose Abreu | Chicago White Sox | 2020 |
| Mike Trout | Los Angeles Angels | 2019 |
| Mookie Betts | Boston Red Sox | 2018 |
| Jose Altuve | Houston Astros | 2017 |
| Mike Trout | Los Angeles Angels | 2016 |
| Josh Donaldson | Toronto Blue Jays | 2015 |
| Mike Trout | Los Angeles Angels | 2014 |
| Miguel Cabrera | Detroit Tigers | 2013 |
| Miguel Cabrera | Detroit Tigers | 2012 |
| Justin Verlander | Detroit Tigers | 2011 |
| Josh Hamilton | Texas Rangers | 2010 |
| Joe Mauer | Minnesota Twins | 2009 |
| Dustin Pedroia | Boston Red Sox | 2008 |
| Alex Rodriguez | New York Yankees | 2007 |
| Justin Morneau | Minnesota Twins | 2006 |
| Alex Rodriguez | New York Yankees | 2005 |
| Vladimir Guerrero | Anaheim Angels | 2004 |
| Alex Rodriguez | Texas Rangers | 2003 |
| Miguel Tejada | Oakland Athletics | 2002 |
| Ichiro Suzuki | Seattle Mariners | 2001 |
AL MVP Trends
- Shohei Ohtani was a unicorn in 2021 as the first position player who also pitched to win the AL Most Valuable Player Award.
- Justin Verlander is the only full-time pitcher to win the award since the 1994 MLB strike.
- Mike Trout, Miguel Cabrera, Alex Rodriguez, and Juan Gonzalez are the only multi-time winners of the hardware since 1995.
- Trout and Rodriguez are tied for the most AL MVP awards since 1995 with three a piece.
- Cabrera is the only back-to-back winner since 1995.
- A-Rod is the only player since 1995 to win the award with more than one franchise, winning it with the Texas Rangers and New York Yankees.
- A-Rod is also the only player to win the award at different primary positions in different years since 1995, doing so at shortstop with the Rangers and third base with the Yankees.
- Three of the last 10 winners were on non-playoff teams (Ohtani once and Trout twice).
- In the last 10 years, there hasn’t been an AL MVP at full-time pitcher, catcher, or shortstop.
- The last catcher to win the award in the AL was Joe Mauer in 2009.
- A-Rod was the last shortstop to secure the AL’s top hardware in 2003 after fellow shortstop Miguel Tejada captured it in 2002.
- In the last 10 years, the outfield has had the most AL MVP winners with four, and third base is the only other position with multiple wins, doing so three times.
- Since 1995, the American League West has ruled the roost, with the Angels and Texas Rangers organizations tying for the most AL MVP award winners with five each.
- In the last 10 years, two AL MVPs have played for the eventual World Series champion.
How To Read AL MVP Odds
Betting odds aren’t anything for inexperienced bettors to sweat. The odds for the most valuable player award are presented in minus or plus fashion. A line, such as Aaron Judge at -130, means a bettor must bet $130 for a $230 payout, resulting in a $100 profit. Smaller-scale bettors can bet $55 for a $97.31 payout.
Conversely, plus odds are even easier to understand. For example, odds of +15000 on an underdog mean a $100 wager will payout $15,100. With long odds like that, even a recreational sports bettor can have fun betting on a darkhorse since a $10 bet would payout $1,510.
So it’s enticing to bet on underdogs and less exciting chasing chalk — a popular term for the betting favorite, especially when they’re at minus odds. Additionally, since getting the most favorable odds to win is advantageous, you should shop for the best odds for the American League MVP at all betting sites. Moreover, the MLB season is long, with ups and downs. Therefore, you must be vigilant and regularly check MVP odds.
Where Can I Bet On AL MVP?
Betting on sports has been a great development for many states. Sadly, while sports betting is widely legal, not all betting options are available in each of those states. For example, New York state doesn’t allow wagering on awards such as the either MLB MVP Award. Nonetheless, the following is a walkthrough for betting on the American League MVP at various sportsbooks.
FanDuel Sportsbook: Bettors at FanDuel sportsbooks have to pick MLB from the popular sports section or the baseball tab. From there, they’ll use a scroll bar located above the day’s MLB games, looking for player awards. Picking player awards will lead them to AL MVP at the top of the list. A few favorites for the award are shown with an option below them to show more.
DraftKings Sportsbook: Here’s how to bet on the MLB MVP Award at DraftKings: Click MLB on the DraftKings Sportsbook website or app. Toggle over to the Player Awards category. Select MVP, then scroll to look through the AL MVP odds.
Caesars Sportsbook: At Caesars Sportsbook, patrons can select baseball along the side and pick MLB or click the MLB logo among popular sports listed at the top of the page. On the MLB landing page, the default is live games. However, to the right, users can pick future bets. The team futures are listed first and followed by individual Major League Baseball player awards. There’s a tab for MVP. Clicking on that tab will expand to showcase special promotional offers and then the 2022 American League MVP Award. Caesars Sportsbook shows the top-six favorites with an option to show all below them.
BetMGM: BetMGM has top sports showcased along the side with a button for baseball. They also have the MLB logo at the top of the page. After taking either avenue to the MLB page, events are the default with an option for futures. As is customary at many places, the team futures are listed first before offering player betting options. The MLB MVP awards are listed after the Cy Young Award sections. Bettors can see a few betting favorites listed for each award with the option to show more below the players.
PointsBet: For PointsBet, open up the menu on the app or website. Look through the available sports and find MLB Futures. Click on it, then scroll to find MLB Awards/Season Leaders category. Click on this section, and then toggle the menu to open American League MVP betting choices. If you cannot locate the MLB Awards/Season Leaders category, then there’s a good chance you are located in a state that does not allow this type of wager.
BetRivers: BetRivers makes it easy to arrive at the MLB section, offering a button among the featured sports, another along the side with other sports listed under the most popular headline, and they also have a search bar. Whatever path you take, live now is the default for the MLB section. Upcoming and futures are listed to the right. After selecting that button, pass by team futures before arriving at the MLB MVP odds for the AL and NL. Four favorites to win the hardware are listed with a show more participants button to expand, showing all the possibilities below the quartet.
BetFred: There are different sportsbook skins for BetFred in the states they operate. For example, Wind Creek is the sportsbook they’re partnered with in Pennsylvania. MLB futures are included under the featured section. After arriving at that section, show all markets are shown prominently with Player Awards featured to the right. Finally, all of the awards are neatly compressed, and users can click to expand the MLB MVP options, showing four with a show more button below them.
