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2024 NFL Awards Odds and Predictions

We are five weeks into the regular season, and there have already been major changes in the updated NFL awards odds. Here are the updated betting odds for the most popular NFL awards, including MVP and Rookie of the Year, courtesy of Bovada Sportsbook.

Updated 2024 MVP Odds

Last Update: January 15, 2025

Player	Most Valuable Players Odds	Previous Odds
Lamar Jackson	-375	+350
Josh Allen	+275	-500

The NFL MVP became a two-man race in a blink of an eye. Bills quarterback Josh Allen finished the regular season as the -500 favorite to win the award. However, after being named the 1st Team All-Pro quarterback, Lamar Jackson’s MVP odds shortened from +350 to -375.

Allen was the favorite for the second half of the season, and he is overdue for his first MVP. On the other hand, the Associated Press voters who will pick the MVP just named Jackson the best quarterback this season.

Lamar Jackson (-375)

Bovada listed Lamar Jackson at +350 odds to win the MVP at the end of the regular season. The two-time MVP had the best regular season of his career, but voter fatigue and lack of playoff success severely hurt his chances of winning his third MVP.

https://x.com/ProFootballTalk/status/1877770430485807364

Here is a quick look at how Jackson’s numbers this year compare to his MVP campaigns.

Stat	2024 Season	2023 Season	2019 Season
Passing Yards	4,172 yards	3,678 yards	3,127 yards
Completion Percentage	66.7%	67.2%	66.1%
Passing Touchdowns	41	24	36
Rushing Yards	915 yards	821 yards	1,206 yards
Rushing Touchdowns	4	5	7

Jackson set career-highs in passing touchdowns and passing yards this season. He also broke Michael Vick’s record for the most career rushing yards by a quarterback.

The AP voters also named Jackson as the quarterback for the first-team All-Pro team. The first-team All-Pro quarterback has won the MVP every year since Adrian Peterson’s MVP in 2012. The last quarterback to win MVP without being the first-team All-Pro quarterback was John Elway in 1987.

Josh Allen (+275)

Bills quarterback Josh Allen closed the regular season as the -500 favorite to win his first MVP. He would be the first Buffalo player to win the regular season MVP since Thurman Thomas in 1991.

https://x.com/BuffaloBills/status/1874989303887229078

Not being named the first-team All-Pro quarterback significantly hurt Allen’s MVP odds. His odds faded from -500 to +275 after the rosters were revealed. On the bright side, Allen was named as the quarterback to the second-team All-Pro roster.

Here is how Allen’s numbers stack up to recent NFL MVPs.

Stat	Josh Allen (2024)	Lamar Jackson (2023	Patrick Mahomes (2022)	Aaron Rodgers (2021)
Passing Yards	3,731 yards	3,678 yards	5,250 yards	4,115 yards
Completion Percentage	63.6%	67.2%	67.1%	68.9%
Passing Touchdowns	28	24	41	37
Rushing Yards	531 yards	821 yards	358 yards	101 yards
Rushing Touchdowns	12	5	4	3

Allen’s stats are more impressive when you consider the team around him. He was the only player on the Bills to make the first or second-team All-Pro rosters. Allen powered the Bills to the second seed despite the lack of talent around him, and he defeated Patrick Mahomes in their regular season showdown.

Jackson had a better roster around him, and five other Ravens made the All-Pro teams. Despite having the better team, Jackson and company had to battle to win the third seed and lost to the Chiefs in the season opener.

MVP Prediction

Josh Allen and Lamar Jackson both complied MVP-caliber seasons, but only one can walk away with the award. A win would be Jackson’s third MVP and second in as many seasons.

https://x.com/espn/status/1878549667992015267

Conversely, Allen has finished in the top five in MVP voting in three of the last four seasons but has yet to win the award. He carried the Bills through the regular season and was the frontrunner for MVP in the second half of the season.

Despite Jackson being named as the first-team All-Pro quarterback, I think Allen will win the MVP. Allen is due for his first VP, and Jackson faces an uphill battle against voter fatigue. He also did more with less, taking a less talented Bills roster to a higher seed than Jackson and the Ravens.

Prediction: Josh Allen wins the MVP (+275)

Current NFL DPOY Odds

Player	Defensive Player of the Year Odds	Previous Odds
T.J. Watt	-300	-140
Myles Garrett	+900	N/A
Patrick Surtain	+1600	N/A

Steelers star LB T.J. Watt remains the favorite to win his second DPOY award. He was listed at -140 after Halloween and is now available at -300. Watt’s biggest competition for the award is last year’s DPOY, Myles Garrett, who is a distant second at +900.

Watt was my pick in the preseason, and I am certainly not moving off him now that he is available at -300. My preseason dark horse, Chris Jones, had risen to the second-best odds. However, his odds have faded significantly in the last month, moving from +600 down to +2000.

NFL OPOY Updated Odds

Player	Offensive Player of the Year Odds	Previous Odds
Saquon Barkley	-800	+225
Derrick Henry	+400	-150
Ja’Marr Chase	+1100	+500
Josh Allen	+2500	N/A

Barkley must overcome history to become the first non-quarterback to win the MVP in over a decade. However, he is the -800 favorite to be named the Offensive Player of the Year. Derrick Henry has the next-best odds at +400.

https://twitter.com/AustinAbbottFF/status/1861147886953680970

One of the reasons Barkley has overtaken Henry in the OPOY odds is that he currently has the rushing title. However, if Henry can regain the lead and help power the Ravens to an AFC North title, Henry could steal the OPOY title. For now, though, Barkley is the best bet to win this award.

DROY Odds and Updated Picks

Player	Defensive Rookie of the Year Odds	Previous Odds
Jared Verse	-135	-210
Quinyon Mitchell	+140	+1000
Chop Robinson	+1100	N/A
Braden Fiske	+1200	+1000
Cooper DeJean	+1200	N/A

Rams rookie Jared Verse was the -210 favorite for the Defensive Rookie of the Year award at the start of November. Verse remains the favorite, but his odds have faded to -135. Eagles rookie cornerback Quinyon Mitchell is Verse’s most significant threat for this award.

Mitchell has recently shot up the odds boards, moving from +1000 to +140. Verse is still a good bet to win, but Mitchell has the advantage of being on a team that will receive more national coverage down the stretch. Mitchell is the best value bet at this point in the season.

Current OROY Odds and Predictions

Player	Offensive Rookie of the Year Odds	Previous Odds
Jayden Daniels	-300	-1500
Bo Nix	+175	+1500
Brock Bowers	+800	N/A

The Offensive Rookie of the Year odds have seen similar shifts. Washington quarterback Jayden Daniels is still the favorite, but his odds have shortened from -1500 to -300. Broncos’ quarterback Bo Nix is hot on Daniels’ heels, moving from +1500 to +175 in the last month.

Nix has the momentum and is the best bet for OROY if you have not already wagered on Daniels. However, I still think Daniels will win the award, especially if he can pull the Commanders out of their mid-season slump. 

COTY Odds

Coach	Coach of the Year Odds	Previous Odds
Dan Campbell	+120	+600
Kevin O’Connell	+450	+500
Mike Tomlin	+450	+900
Sean Payton	+500	N/A
Jim Harbaugh	+600	+600

There is a new favorite in the Coach of the Year race as well. Lions head coach Dan Campbell was listed at +600 odds four weeks ago. Campbell led the Lions to an 11-1 start and is now the +120 favorite.

https://twitter.com/BleacherReport/status/1864369691629662266

Kevin O’Connell and Mike Tomlin are tied for the second-best odds at +450 each. The previous favorite, Dan Quinn, has fallen out of the top five, with his odds fading from +175 to +1000.

Campbell will win the award if the Lions continue to win down the stretch and secure the top seed in the NFC. If not, I think Mike Tomlin, who just locked up his record-setting 18th consecutive non-losing season, will win his first AP Coach of the Year award.

Last Update: October 24, 2024

Player	Most Valuable Player Odds	Previous Odds
Patrick Mahomes	+225	+525
C.J. Stroud	+600	+750
Lamar Jackson	+650	+1800
Josh Allen	+850	+800
Jayden Daniels	+1100	N/A

Mahomes entered the season as the +525 MVP favorite. The Chiefs quarterback fell out of the top spot, but as other MVP favorites faltered, Mahomes regained his standing as the betting favorite. He is listed at +225 to win his third MVP this season.

https://twitter.com/NBCSports/status/1843492678387810406

Josh Allen was my preseason pick for MVP, but he has struggled through injuries this season, and the Bills offense has been inconsistent. I also do not think Mahomes, who is not playing well, will win the award. CJ Stroud (+600) is my new pick to win MVP this season.

Latest DPOY Odds

Player	Defensive Player of the Year Odds	Previous Odds
Aidan Hutchinson	+300	+900
TJ Watt	+300	+525
Chris Jones	+1000	+2500
Nike Bosa	+1100	+725
Patrick Surtain	+1100	N/A

Aidan Hutchinson was listed at 9-1 odds to win Defensive Player of the Year at the start of the season. His 6.5 sacks in four games have rocketed Hutchinson into the top spot. He is tied with TJ Watt at +300 odds to win DPOY this season. My preseason dark horse DPOY pick, Chris Jones, has moved from +2500 to +1000 and now has the third-best odds.

Hutchinson leads the NFL in sacks, and the Lions have already had their bye week. However, Watt was my preseason pick for this award, and I am sticking with #90 to win DPOY this season.

OPOY Odds and Pick

Player	Offensive Player of the Year Odds	Previous Odds
Derrick Henry	+230	N/A
Saquon Barkley	+400	N/A
Justin Jefferson	+450	+1000
Ja’Marr Chase	+750	N/A

No NFL Awards betting market looks more different than the OPOY standings. Justin Jefferson is the only player who had +1000 odds for better before the season that is still ranked in the top four. Christian McCaffrey, Tyreek Hill, Breece Hall, and CeeDee Lamb have all faded out of contention in this market.

The Ravens’ Derrick Henry (+230) is the favorite for this award, followed closely by Saquon Barkley (+400). Baltimore has leaned on Henry more in recent weeks and their season has turned around from 0-2 to 3-2. Assuming the King stays healthy, Henry will win OPOY this season.

DROY Betting Odds

Player	Defensive Rookie of the Year Odds	Previous Odds
Jared Verse	+250	+350
Laiatu Latu	+350	+360
Kamari Lassiter	+600	N/A
Quinyon Mitchell	+600	N/A
T’Vondre Sweat	+750	N/A

The DROY odds also look radically different. Jared Verse (+250) is still the favorite, and Laiatu Latu (+350) remains a top betting candidate. However, Dallas Turner, Terrion Arnold, and Byron Murphy have fallen out of the top five, while Kamara Lassiter (+600), Quinyon Mitchell (+600), and T’Vondre Sweat (+750) have moved up.

I picked Verse to win DROY in my preseason predictions. Verse has slowly but surely started to pull away from the pack, and he remains my pick to win this award.

Updated OROY Odds and Prediction

Player	Offensive Rookie of the Year Odds	Previous Odds
Jayden Daniels	-250	+375
Caleb Williams	+300	+135
Malik Nabers	+700	+1200
Marvin Harrison Jr.	+1600	+550
Bo Nix	+2500	+900

Commanders’ rookie sensation Jayden Daniels has moved to -250 in the OROY odds. Caleb Williams, the preseason favorite, has faded from +!35 to +300 in the latest odds.

https://twitter.com/NFL/status/1844139852733825308

I picked Williams to win OROY in the preseason, but his slow start, combined with Daniels’ MVP-level play, has caused them to flip-flop in the updated odds. Daniels is a great bet to win this award, but I think Williams can continue to improve and make a run at OROY this season.

COTY Betting Odds and Prediction

Coach	Coach of the Year Odds	Previous Odds
Kevin O’Connell	+135	N/A
Dan Quinn	+275	N/A
Sean Payton	+1000	N/A
Mike Macdonald	+1200	+700
Jim Harbaugh	+1400	+800
Raheem Morris	+1400	+600

None of the current top-three Coach of the Year candidates were in the top five at the top of the season. Kevin O’Connell (+135) is the new favorite after the Vikings 5-0 start. He is followed by Dan Quinn (+275) and Sean Payton (+1000).

Raheem Morris was the preseason favorite at +600, but he has faded to +1400. Jim Harbaugh, my preseason CotY pick, is also listed at 14-1. I think O’Connell is the way to go with this bet, especially if the Vikings continue to dominate on both sides of the ball.

Which NFL Awards Odds Will You Bet On?

The NFL season is finally here, and there is no better time to bet on the latest NFL awards odds. Check out the list above for my picks for the top awards this season. Also, in the comments below, let me know your MVP, Rookie of the Year, and other award predictions.

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