The NFL season is here, and the return of football means that the futures market is already lively.
Today we are taking a look at the odds for Most Valuable Player and Defensive Player of the Year. Read on to find out who the likeliest candidates are to lift the trophies this year!
2020 NFL season MVP odds
Here’s what the bookmakers are currently giving for the odds to win the Most Valuable Player trophy in 2020:
2020 NFL MVP Odds
Patrick Mahomes +450
Lamar Jackson +800
Dak Prescott +1200
Kyler Murray +1200
Russell Wilson +1200
Tom Brady +1200
Josh Allen (QB) +2000
Aaron Rodgers +2200
Cam Newton +2500
Carson Wentz +2500
Deshaun Watson +2500
Drew Brees +2500
Baker Mayfield +3300
Ben Roethlisberger +3300
Christian McCaffrey +3300
Drew Lock +3300
Matt Ryan +3300
Jimmy Garoppolo +4000
Philip Rivers +4000
Derrick Henry +5000
Fresh off of winning the Super Bowl and securing a juicy contract extension, Patrick Mahomes is by far the favorite for the MVP trophy this season. The 2018 MVP is a solid candidate for securing another trophy in his cabinet in 2021.
Reigning MVP Lamar Jackson comes in second at +800. The 23-year-old Ravens QB started last year with +4100 odds for the trophy. His season ended with 36 touchdowns, 3,127 passing yards and 1,206 rushing yards – a new single season record for a quarterback.
Tom Brady stands at +1200 to go for another MVP at Tampa and shares the third spot with Dak Prescott, Kyler Murray and Russell Wilson.
2020 NFL season Defensive Player of the Year odds
This is what the landscape for DPOY currently looks like:
2020 NFL Defensive Player Of The Year Award Odds
Rams defensive tackle Aaron Donald is the favorite again for Defensive Player of the Year. Having lifted the trophy in 2017 and 2018, he started last year at +200 but saw the DPOY honors go to Stephon Gilmore – perhaps voter fatigue and the overall poor defense of the Rams contributed.
49ers defensive end Nick Bosa is deemed to be the likeliest candidate to challenge Donald. The 22-year-old should be in a pivotal role this year after San Francisco traded DeForest Buckner.
The futures market for player specific trophies is definitely interesting, and there is money to be made in prop bets like this. Just look at the NFL Draft system that resulted in 65% ROI that our head trader, John Todora, gave out for free.
But the market is also difficult to model because of all the variables and unknowns that are involved, from injuries and trades to cold streaks, chemistry issues, incredible leaps in performance from the previous year, etc.
That’s why it’s often sensible to diversify futures investments and to build a portfolio of trades for a trophy winner. And with the odds for MVP and DPOY heavily on the plus side, it’s quite easy to construct portfolios that bring in a solid return if one of the trades ends up winning.
Being able to construct such packages is, of course, not a good reason to make the investment. Taking advantage of the market requires plenty of research and risk assessment.
And while the futures market sometimes gives us good investment opportunities, it’s important to remember not to tie down too much capital in long-term investments like this. You should have more firepower in your arsenal for sports trading systems that are active throughout the season.
For more on investing in the NFL, have a look at these articles:
To take advantage of the return of sports and to learn everything you need to know about smart investing in the sports betting market, check out our head trader John Todora’s new book – “Zero Correlation Investing – The Score Metrics Secret”. It’s currently on sale for a limited time, so go get yours now!
The ScoreMetrics Lab is the engine that runs the Sports Trading System operation, consisting of a team of researchers and writers who are constantly testing and retesting algorithms. They work hand in hand with our Head Trader and Creator of ScoreMetrics, John Todora to help find new breakthroughs and develop new systems.