Home US SportsMLB 2026 MLB MVP Odds: Ohtani Continues Chasing History

2026 MLB MVP Odds: Ohtani Continues Chasing History

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At -125, Shohei Ohtani is breathing rarefied air at his current price.

Consider last year, when he was the overwhelming preseason favorite to win NL MVP, and he was still only +150 by the end of March, per Sports Odds History. That was already crazy, because the shortest number we’ve generally seen in recent years is +200 or +300.

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Below, we’ll look at the early MLB odds for the 2026 season, and AL & NL MVP, as the likes of Alex Bregman (Chicago Cubs) and Kyle Tucker (Los Angeles Dodgers) have found new homes since our previous look.

Odds to win 2026 AL MVP

Player

Aaron Judge

<<+225>>

Bobby Witt Jr.

<<+550>>

Cal Raleigh

<<+850>>

Vladimir Guerrero Jr.

<<+1300>>

Julio Rodriguez

<<+1300>>

Nick Kurtz

<<+1500>>

Jose Ramirez

<<+1500>>

Gunnar Henderson

<<+1600>>

Roman Anthony

<<+1700>>

Junior Caminero

<<+2200>>

Pete Alonso

<<+2200>>

Yordan Alvarez

<<+2500>>

Jeremy Pena

<<+2500>>

Cody Bellinger

<<+3000>>

Corey Seager

<<+3000>>

Carlos Correa

<<+3000>>

Zach Neto

<<+4000>>

Wyatt Langford

<<+4000>>

Byron Buxton

<<+4000>>

Alejandro Kirk

<<+4500>>

Adley Rutschman

<<+4500>>

Odds last updated on 2-1.

Odds to win 2026 NL MVP

Player

Shohei Ohtani

<<-125>>

Juan Soto

<<+800>>

Ronald Acuña Jr.

<<+1300>>

Fernando Tatis Jr.

<<+1700>>

Corbin Carroll

<<+1800>>

Francisco Lindor

<<+1900>>

Alex Bregman

<<+2000>>

Bryce Harper

<<+2500>>

Elly De La Cruz

<<+2500>>

Kyle Tucker

<<+3000>>

Ketel Marte

<<+3000>>

Kyle Schwarber

<<+3000>>

Paul Skenes

<<+3500>>

Rafael Devers

<<+4000>>

Pete Crow-Armstrong

<<+4000>>

Mookie Betts

<<+4500>>

Manny Machado

<<+4500>>

Jackson Chourio

<<+5000>>

Odds last updated on 2-1.

Covers MLB betting tools

Previous MVP winners

Here are the last 10 winners of the AL and NL MVP Award, with Shohei Ohtani leading the way as a four-time winner, with two in the AL and two in the NL. Only Frank Robinson has also won MVP awards in both leagues.

Barry Bonds holds the record for most MVP awards (seven)

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The New York Yankees have won the most MVPs in MLB history with 25, while the St. Louis Cardinals are second, leading all NL teams, with 21. No player for the Arizona Diamondbacks, New York Mets, or Tampa Bay Rays has ever won MVP.

Previous AL MVP winners

Year

American League Winner

2025

Aaron Judge

2024

Aaron Judge

2023

Shohei Ohtani

2022

Aaron Judge

2021

Shohei Ohtani

2020

Jose Abreu

2019

Mike Trout

2018

Mookie Betts

2017

Jose Altuve

2016

Mike Trout

Previous NL MVP winners

Year

National League Winner

2025

Shohei Ohtani

2024

Shohei Ohtani

2023

Ronald Acuna Jr.

2022

Paul Goldschmidt

2021

Bryce Harper

2020

Freddie Freeman

2019

Cody Bellinger

2018

Christian Yelich

2017

Giancarlo Stanton

2016

Kris Bryant

Popular MLB futures markets

MLB MVP odds explained

Most sportsbooks will display odds in the American format as listed above. When Goldschmidt ran away with the MVP award in 2022 his odds had a minus (-) sign ahead of the number for a large part of the season.

That means that a bettor in August had to wager $6,000 to win $100 by betting on Goldy to win MVP. Before the season starts, almost every player will have a plus (+) sign ahead of their odds.

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That means a bettor would have profited $200 for a $100 wager on Ohtani before the season started.

If American odds aren’t your thing, simply use a tool like our odds converter to switch the odds to decimal or fractional format. Most online sportsbooks also give you the option to change the odds format that you see.

This article originally appeared on Covers.com, read the full article here

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