Josh Allen 2024 NFL MVP odds (Bills QB amongst favorites to win first MVP)

Jan 21, 2024; Orchard Park, New York, USA; Buffalo Bills quarterback Josh Allen (17) drops back to
Jan 21, 2024; Orchard Park, New York, USA; Buffalo Bills quarterback Josh Allen (17) drops back to / Mark J. Rebilas-USA TODAY Sports

The end of the 2023 season was an all too familiar final chapter for the Buffalo Bills. After an impressive regular season, ending it being one of the hottest teams in the NFL, the Bills fell in the Divisional Round to Patrick Mahomes and the Kansas City Chiefs.

As a result, the Bills are still seeking their first Super Bowl in franchise history.

Not only have the Bills not been able to get to the Promise Land, but their quarterback, Josh Allen, has missed out on being named NFL MVP despite being one of the preseason favorites for the past few years. We're in a similar spot heading into the 2024 offseason as once again, Allen is one of the top options to win MVP.

For the Bills to mimic its regular season success this season, they likely need Allen to play at an MVP level due to an offseason that's going to lead to some major roster turnover.

Let's take a look at the latest MVP odds and then I'll break down Allen's chances to win the first of his career.

2024 NFL MVP odds

If you want to place a bet on a player to be named NFL MVP next season, be sure to take advantage of this great promotion by FanDuel Sportsbook. If you click the link below to sign up for an account, you'll receive $150 in bonus bets if your first bet wins!

Josh Allen second on odds list to win NFL MVP

There is only one name above Josh Allen's to win NFL MVP and that's the defending Super Bowl MVP and two-time winner of the award, Patrick Mahomes.

Allen comes in at second on the odds list at +800 to win the award. If you translate those odds to an implied probability, Allen has an 11.11% chance of being named MVP of the NFL. If you were to bet $100 on him to win the award, you'd win a profit of $800 if he's able to achieve the feat.

Allen was statistically one of the best quarterbacks in the league last season, ranking third in QB behind only Brock Purdy and Dak Prescott. He was also fifth in touchdown passes with 29.

If there's one thing he needs to do to get over the hump and win his first league MVP it's limiting his interceptions. He threw the second most interceptions in the NFL last season with 18, behind only Sam Howell with 21. On top of the interceptions, he was tied for fifth in fumbles amongst all players.

If he can limit the turnovers but continue to produce at the elite level we've come to expect, he'll be in the MVP conversation throughout the 2024 campaign.

Odds refresh periodically and are subject to change.