MLB MVP Odds 2026: Alvarez and Crow-Armstrong Favored Before Thursday
Yordan Alvarez and Pete Crow-Armstrong are overwhelming favorites to win the 2026 AL and NL MVP awards, which the BBWAA announces Thursday, November 12, at 7 PM ET on MLB Network. Alvarez is -6000 at DraftKings and Crow-Armstrong is -20000, as of November 9, 2026.
Both are priced like the votes are already counted, and in a sense they are. Ballots were due before the postseason began, so nothing in October changes the result.
2026 AL MVP odds
| Finalist | BetMGM | DraftKings | Caesars | FanDuel | Polymarket |
|---|---|---|---|---|---|
| Yordan Alvarez, Astros | -10000 | -6000 | -20000 | -20000 | 96% |
| Junior Caminero, Rays | +1600 | +1300 | +1400 | +1800 | 4% |
| Bobby Witt Jr., Royals | Not listed | +10000 | +7500 | Not listed | Under 1% |
Alvarez hit .316 with a .432 on-base percentage and a .601 slugging percentage, with 42 home runs and 106 RBI, per MLB.com. He led the league in all three slash categories and in total bases with 341, per Bleacher Report.
Caminero matched him with 42 homers and drove in 101 while playing all 162 games for the AL champion Rays. Witt hit .281 with 18 homers and missed time after the Royals placed him on the injured list in July with low back tightness.
2026 NL MVP odds
| Finalist | BetMGM | DraftKings | Caesars | FanDuel | Polymarket |
|---|---|---|---|---|---|
| Pete Crow-Armstrong, Cubs | -10000 | -20000 | -1700 | Not listed | 99% |
| Shohei Ohtani, Dodgers | +5000 | +6500 | +800 | +8000 | 2% |
| Brice Turang, Brewers | Not listed | Not listed | Not listed | Not listed | Not listed |
Crow-Armstrong hit .280/.372/.570 with 45 home runs and 41 stolen bases, a 40-40 season, and led MLB in FanGraphs WAR at 10.6, per Covers. The center fielder's defense is part of that number.
Ohtani, a four-time MVP, hit .275/.377/.512 with 11 steals, per MLB.com. Turang hit 21 homers with 100 RBI and 19 steals for a Brewers team that had the best record in baseball at 103-59 and won the World Series.
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How MLB MVP voting works
Is there any value on Caminero or Ohtani?
At +1300, DraftKings is pricing Caminero at about 7%. Polymarket had him at 4% on November 3, which tells you the books are holding a large margin on the longshot side.
The same is true for Ohtani at +800 at Caesars, about 11% implied, against 2% on Polymarket. When a futures market is this one-sided, the longshot price is usually where the book makes its money, so we pass on both boards.
No play on AL or NL MVP as of November 9, 2026. Alvarez at -6000 and Crow-Armstrong at -20000 risk a lot to win almost nothing, and the longshot prices are well above what the prediction markets show.
This is a free editorial read and is not counted in our official win/loss record.