NL MVP odds and 2025 betting favourites: Ohtani odds-on favourite after pitching debut

Ohtani is the odds-on favourite to win the NL MVP. Photo by Kyusung Gong/AP.
Ohtani is the odds-on favourite to win the NL MVP. Photo by Kyusung Gong/AP.
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Coming off a historically great season, Shohei Ohtani is back in the driver's seat to earn National League MVP honours.

The latest: Ohtani authored MLB's first 50-50 season last year, bashing 54 home runs and stealing 59 bases. Now in his second year with the Los Angeles Dodgers, Ohtani has begun to pitch as well. He's the odds-on favourite, with only one other player sitting below 40-to-1.

Let's take a look at the current NL MVP odds as of June 24.

NL MVP odds

Check out the latest odds to win NL MVP. Click linked odds to add selection to your betslip.

The favourite: Shohei Ohtani (-1,250)

Ohtani carried +125 preseason odds, and betting him at that price might have seemed ridiculous.

Now? It would be a steal.

The three-time MVP is leading the NL in home runs (29) while batting north of .290 with a 1.033 OPS. That's nothing new — check out Ohtani's resume over the past four seasons:

  • .984 OPS
  • 169 OPS+
  • 2.84 ERA
  • 151 ERA+
  • 37.7 bWAR

As a two-way superstar, Ohtani can accrue value at the plate and on the mound in incomparable ways.

That wasn't the case in 2024, though, as Ohtani was unable to pitch while recovering from Tommy John surgery.

But now, he's back on the bump with a few innings under his belt. Ohtani has repeatedly touched 100 mph with his fastball and struck out two Washington Nationals in one inning as an opener on June 22.

The only thing that should undo Ohtani is the unpredictability of injuries.

If he gets through the season with relatively few games missed at the plate while throwing 75-plus innings, it'll be exceptionally difficult for anyone to outdo him.

MVP betting notes

  • No one expected Pete-Crow Armstrong to be this good, this quickly. The 23-year-old ranks inside MLB's top 10 for home runs (21) and RBI (62) and is third in stolen bases (25) entering play on June 29. A 40-40 sophomore season could be in the cards, and that would warrant MVP votes.
  • If you were wondering how Ronald Acuna Jr. would bounce back after a second ACL tear, he's given you a pretty good answer. He's slashing an absurd .365/.486/.643 through 28 games with nine home runs and 18 RBI.
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