NFL MVP 2026 May Betting Odds & Best Bet

With the free agent frenzy, the NFL Draft, and rookie minicamps all behind us and OTAs coming up shortly, we’ve hit the proper midway point of the 2026 NFL offseason. We took a look at the odds and favorites for the 2026 NFL MVP back in February, and with so much having happened since then, we thought we’d take another look at the odds board.

While there are a lot of similarities between February’s list and what it looks like now in May, there have been some slight moves and readjusting of betting odds. Read on for the updated NFL betting odds and favorites for the 2026 NFL MVP futures betting market, as well as our prediction and dark horse long shot candidate.

NFL MVP 2026 May Betting Odds & Best Bets

All betting odds provided by Betway

Team	May Odds	February Odds
Josh Allen, QB (BUF)	+550	+550
Lamar Jackson, QB (BAL)	+700	+750
Drake Maye, QB (NE)	+900	+800
Justin Herbert, QB (LAC)	+1,000	+1,000
Joe Burrow, QB (CIN)	+1,000	+1,000
Patrick Mahomes, QB (KC)	+1,000	+1,200
Dak Prescott, QB (DAL)	+1,200	+1,400
Matthew Stafford, QB (LAR)	+1,400	+1,400
Jordan Love, QB (GB)	+1,500	+1,600
Caleb Williams, QB (CHI)	+1,600	+1,600
Trevor Lawrence, QB (JAX)	+1,800	+1,600
Brock Purdy, QB (SF)	+1,800	+1,800
Jayden Daniels, QB (WAS)	+2,000	+2,000
Sam Darnold, QB (SEA)	+2,800	+2,800
Jalen Hurts, QB (PHI)	+2,800	+3,300
Bo Nix, QB (DEN)	+3,500	+3,300

The Favorite: Josh Allen, QB, Buffalo Bills (+550)

No change here. Josh Allen has been a top two preseason candidate for MVP in each of the last five years, and so the bell continues to toll. He only ended up winning one of those years, but he’s been top three in voting in four of the last six years.

He’s a pretty safe bet considering he didn’t win last season, but we just can’t wrap our head around how short these odds are when we’re still about four months out from the start of the 2026 campaign. If you like Allen, hold off and see if his odds get longer at any point this offseason before placing your bet.

Our Best Bet: Dak Prescott, QB, Dallas Cowboys (+1,200)

It’s honestly hard to imagine Dak Prescott winning an MVP award. We’re not sure why, we just haven’t been able to picture it. But he did come second in voting in 2024, and he’s got arguably the best set of weapons among the top QBs in the league.

George Pickens and CeeDee Lamb are both WR1 caliber players, Javonte Williams turned into a bonafide bell cow last season, and Jake Ferguson is solid at tight end. They also bring back an unchanged offensive line that was very, very good last year, with Prescott finishing top 10 in sack percentage and the team allowing just 31 sacks, tied for ninth-fewest in the league.

Prescott will also be one more year more familiar and comfortable with his new head coach, Brian Schottenheimer, who exceeded all possible expectations in his first season in 2025. At +1,200 (down from +1,400 in February) and with Prescott’s penchant for big numbers combined with the quality of the rest of the offense, this is the best you’re going to get.

Dark Horse Candidate: Bo Nix, QB, Denver Broncos (+3,500)

One other bet we like is Bo Nix, whose odds actually rose from +3,300 to +3,500 over the last few months. Nix had nearly 4,000 passing yards and 30 total TDs last season, and we think he’s going to build on that in his third year in Sean Payton’s offense in 2026.

His offensive line is arguably the best in the NFL, allowing a league-low 23 sacks last year. After their trade for Jaylen Waddle, Nix’s weapons cache rivals that of Prescott too. Denver is known for their defense, but their offense could be just as good in 2026.