2023-24 NFL Awards Odds and Predictions

With the 2023-24 NFL season upon us, it’s time to lock in the best value on the NFL awards odds. Currently, NFL betting sites have an extensive menu of wagers for the top NFL awards this season.

We are diving into the latest NFL MVP odds, NFL Offensive Player of the Year odds, NFL Defensive Player of the Year odds, and more.

Head below to check out the latest 2023-24 NFL awards odds and our best bets to take home the hardware this season.

2023-24 NFL MVP Odds

The following NFL awards odds are courtesy of BetUS:

The NFL could rename the AP NFL MVP as a QB award, and it’s likely that no one would notice. The NFL MVP is essentially a glorified QB award, with the last ten going to QBs.

Adrian Peterson is the last non-QB to win MVP in the NFL. Since 2000, only Marshall Faulk and Peterson have been named league MVP besides a QB¹.

Jefferson has the best 2023-24 NFL MVP odds of a non-quarterback. With +10000 MVP odds, Jefferson has worse odds than Commanders’ QB Sam Howell.

NFL MVP Betting Favorites

The following NFL stars are considered the odds-on favorites at the best football betting sites.

Patrick Mahomes (+650)

Before winning Super Bowl 57, Mahomes won the 2022-23 NFL MVP award. The public appears confident in Mahomes repeating, but will there be voter fatigue this season? It’s a real factor to consider when betting on Mahomes to win MVP.

Since 2009, only two players have won MVP honors in consecutive seasons: Peyton Manning in 2009 and Aaron Rodgers in 2021. If Mahomes wins, the last four years will be dominated by Rodgers and Mahomes.

Your projected 2023 MVP is @Chiefs QB Patrick Mahomes, as voted on by NFL on FOX fans! 🏆 pic.twitter.com/p8uUcoy0Yj

— FOX Sports: NFL (@NFLonFOX) September 3, 2023

It’s highly likely that Mahomes will have another spectacular season. The wide receiver core isn’t as strong as it has been in previous years, but Mahomes is a special talent who makes everyone around him better.

In 2022, Mahomes passed for 5,2520 yards, 41 touchdowns, and 12 interceptions. No. 15 completed 67.1 percent of his passes and gained 358 yards with four touchdowns on the ground². The shortlist of QBs that can put up those numbers after losing Tyreek Hill is minuscule.

Joe Burrow (+750)

The Bengals’ Joe Burrow will win an NFL MVP before he retires. It may end up being two. However, are you confident that it’s going to happen in the 2023-24 season?

With one of, if not, the best receiving rooms in the league, there could be an argument that Ja’Marr Chase, Tee Higgins, and Tyler Boyd are the MVPs of the offense.

Last season, Burrow passed for 4,475 yards, 35 touchdowns, and 12 interceptions with a 68.3 percent completion rate³. Burrow surpassed Drew Brees for the all-time record in NFL completion percentage. Brees’ career completion percentage stands at 67.93 percent⁴.

Would Burrow be doing the same with Mahomes’ supporting cast? He would be producing quality numbers, but it would be much tougher without Chase and Higgins to spread the field.

In July, Burrow suffered a calf injury in camp. The Bengals have been quiet about his health status, but he should be fine. The only concern is that it flares up late in the season when the Bengals need him the most.

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Best NFL MVP Betting Value: Trevor Lawrence (+1600)

Following a breakout season, Trevor Lawrence is set to take another leap forward in his development. If you could imagine, there were fans claiming that Lawrence was looking like a bust in his rookie campaign.

Naturally, Lawrence put all of that to rest, with a stellar sophomore campaign in 2022. The 23-year-old Clemson product threw for 4,113 yards, 25 touchdowns, and eight interceptions. This is an improvement from 3,641 yards, 12 touchdowns, and 17 interceptions in his rookie season.

Additionally, the 6-foot-6 QB completed 66.3 percent of his passes, following a 59.6 percent completion rate a season earlier. As well, Lawrence’s running ability is incredibly underrated. In 2023, he galloped for 291 yards and five touchdowns on 4.7 yards per attempt on the ground⁵.

After his second offseason in the NFL, look for Lawrence to follow up last season with a stronger year. Also, this will be Lawrence’s second season working with Christian Kirk and Evan Engram. The chemistry should continue to blossom between Lawrence and his receivers.

Adding speedster Calvin Ridley to the roster will only help Lawrence’s game in 2023. In a season where we anticipate the Jaguars winning the AFC South handily, Lawrence has to be a top selection to win the 2023-24 NFL MVP.

Best NFL MVP Longshot Bet: Brock Purdy (+3500)

When assessing the NFL MVP odds, it’s important to consider players on teams that are going to have success. Team success means something when it comes to winning the MVP award. As a leading contender to win Super Bowl 58, Purdy certainly fits this mold.

Last season, Purdy was thrust into the spotlight after starter Jimmy Garoppolo went down with an ankle injury in early December. The 23-year-old, known as Mr. Irrelevant from the 2022 NFL Draft, exceeded everyone’s expectations in the NFC West.

The rookie was unfazed by the challenge of taking the reins of a Super Bowl contender. He passed for 1,374 yards, 13 touchdowns, and 4 interceptions. With 67.1 percent of his passes completed in nine games, Purdy ranked among the best QBs in the league.

Purdy has a number of fantastic weapons surrounding him in San Francisco. Short dump-offs are high-percentage throws that have a chance to go for big yardage. He can take a conservative approach and still put numbers up in this offense.

2023-24 NFL MVP Prediction

This time last season, Josh Allen was the betting favorite to win the 2022-23 NFL MVP. However, pundits have been rather quiet regarding Allen entering the 2023-24 season.

Allen played roughly half of the 2022-23 season with a partially torn UCL in his right elbow. And, despite this injury, Allen still managed to pass for 4,283 yards, 35 touchdowns, and 14 interceptions.

Also, Allen didn’t shy away from running the ball even though his elbow was bothering him. The 27-year-old veteran ran for 762 yards and seven touchdowns. He gained an impressive 6.2 yards per carry as a runner⁶.

Josh Allen doing Josh Allen things 😳
pic.twitter.com/XOtTJJMtxO

— PFF (@PFF) August 26, 2023

With the defense healthier for this season, Allen and the offense should be set up with favorable field position more often.

Poised to go on a run at the AFC Championship title, the Bills’ QB is a solid option to win the 2023-24 NFL MVP at +800. The Madden Curse does not apply this year.

2023-24 NFL Offensive Player of the Year Odds

The following NFL awards odds are courtesy of BetUS:

Wide receivers and QBs do not have much of a chance to win MVP honors. The NFL Offensive Player of the Year odds feature several receivers at the top, and then there is McCaffrey representing the running backs with the third-best odds at +1400.

McCaffrey owns the third-shortest NFL Offensive of the Year odds. Only Jefferson and Chase have better odds than McCaffrey heading into Week 1. Currently, Jefferson and Chase are the co-favorites to win at online betting sites, with +1000 odds.

NFL Offensive Player of the Year Betting Favorites

The following offensive skilled players are considered the betting favorites to win this award:

Justin Jefferson (+1000)

The Vikings’ No. 1 receiver enters his fourth season in the NFL seeking to defend his 2022-23 OPOY award. With 35 of 50 first-place votes and 192 points, Jefferson held off Mahomes to win the top offensive award.

In August, Jefferson was named the second-best player in the NFL Top 100⁷. After coming 16 yards short of Randy Moss’ single-season receiving record, Jefferson garnered the attention of voters.

Justin Jefferson is different 👀

(via @NFLonCBS) pic.twitter.com/FTzDxjhQIA

— NFL Stats (@NFL_Stats) August 26, 2023

If Jefferson follows his current career trends, he will break Moss’ record in 2023-24. In his first three seasons in the NFL, Jefferson recorded 1,400, 1,616, and 1,809 yards. The 1,809 yards and 128 receptions are career highs for Jefferson⁸.

As a team, the Vikings had immense success, with a record of 13-4 and the NFC North crown. While it will be tough for the Vikings to win back-to-back divisional titles, Jefferson should excel with Kirk Cousins targeting him often.

Ja’Marr Chase (+1000)

Chase and Jefferson will forever be compared to each other. The LSU Tigers were drafted one year apart, and have already established themselves as the best receivers in the NFL.

Statistically, Jefferson has taken an early lead in the friendly rivalry. That said, the Vikings’ offensive playbook is heavily skewed toward Jefferson.

Of course, Burrow loves to get the ball to Chase, but there are more mouths to feed in Cincinnati. Higgins and Boyd need targets from Burrow, as does Joe Mixon out of the backfield.

After winning the NFL Offensive Rookie of the Year award in 2021, Chase’s stats regressed a season ago. Last season, the 23-year-old finished with 1,046 yards and nine touchdowns. In 2021, he had 1,455 yards and 13 touchdowns⁹.

Chase can win the 2023-24 Offensive Player of the Year, but he likely isn’t to see as many targets as Jefferson.

Best NFL Offensive Player of the Year Betting Value: Tyreek Hill (+1800)

Tyreek Hill has to receive some consideration for Offensive Player of the Year. If the Dolphins have success, it’s largely going to hinge on the duo of QB Tua Tagovailoa and Hill.

Despite Tagovailoa playing in just 13 games last season, Hill racked up 119 receptions, 1,710 yards, and seven touchdowns. In only his first year in Miami, the receptions and yardage were a new career-high for the speed demon¹⁰.

In case you didn’t know, Tyreek Hill is fast. 🐆 @cheetah

📱: Stream #MIAvsJAX on #NFLPlus https://t.co/624TrfDUF6 pic.twitter.com/bLRq2Or995

— NFL (@NFL) August 26, 2023

Expect the chemistry between Tagovailoa and Hill to grow in 2023. Jaylen Waddle will take catches away from Hill, but his presence doesn’t allow teams to double Hill.

That will allow “Cheetah” to operate freely underneath and in vertical patterns. We anticipate a monster season for Hill, and serious consideration for 2023-24 NFL Offensive Player of the Year.

Best NFL Offensive Player of the Year Longshot Bet: Amon-Ra St. Brown (+3500)

Finding Amon-Ra St. Brown way down the 2023-24 NFL Offensive Player of the Year odds is a surprise. Currently, at BetUS, St. Brown is outside the Top 20 to win OPOY this year.

There is plenty of hype for the Detroit Lions going into this season. However, it appears like it hasn’t caught up to St. Brown as of yet. The former USC Trojan is coming off a strong sophomore campaign in the NFL.

As Jarred Goff’s primary receiver, he gobbled up 106 receptions, 1,161 yards, and six touchdowns¹¹. In his third season, St. Brown is expected to continue to elevate his career in the NFL. He is only a 6-foot receiver, but his route running and toughness make him one of the top playmakers at his position.

As Detroit gains attention in the national spotlight, the Lions’ No. 1 receiver will play a primary role in their success. St. Brown’s time for recognition in the NFL has arrived in 2023-24.

2023-24 NFL Offensive Player of the Year Prediction

Christian McCaffrey is the one running back with a capable chance of winning the 2023-24 OPOY. In our opinion, he is the best bet to capture top offensive honors in his seventh season, and first full year with the 49ers.

The former Carolina Panther immediately found success with the 49ers after being traded to the Bay Area. In 11 games, McCaffrey ran for 746 yards and six touchdowns. His 4.7 yards per carry was a career-high.

Christian McCaffrey has scored a touchdown in eight straight games, the longest streak by a @49ers player since Terrell Owens in 1998. pic.twitter.com/6qKFYzPGzE

— FOX Sports: NFL (@NFLonFOX) January 23, 2023

McCaffrey is much more than a running back, though. He is a multidimensional player who can line up all over the field for the 49ers. In addition to the rushing numbers, McCaffrey had 464 receiving yards and four receiving touchdowns¹².

Contrary to the Panthers, the 49ers know how to use him and have weapons to divert attention away from the Stanford alum. The NFL awards odds for the OPOY favor Jefferson and Chase, but we like McCaffrey at +1400 odds.

2023-24 NFL Defensive Player of the Year Odds

The following NFL awards odds are courtesy of BetUS:

Micah Parsons is the odds-on favorite to win the 2023-24 NFL Defensive Player of the Year. He has a comfortable advantage over T.J. Watt and Myles Garrett for the best NFL Defensive Player of the Year odds.

Nick Bosa won the 2022 NFL Defensive Player of the Year, but has the fourth-best DPOY odds at +1000.

NFL Defensive Player of the Year Betting Favorites

The following NFL defensive players are considered the betting favorites for this prestigious award:

Micah Parsons (+550)

After establishing himself as one of the most feared defensive players in the NFL, Parsons is positioning himself to bag the most prestigious accolade of his career this season.

In his third season, the 24-year-old linebacker/edge rusher has the best odds to be named the NFL Defensive Player of the Year. It feels as if Parsons has been around much longer than in the NFL.

That reflects how well Parsons has carried himself in the NFL. Through his first two seasons, Parsons has played like he has been in the league for five years. In Year 2, Parsons accumulated 13.5 sacks and three forced fumbles.

Overall, he’s made 149 combined tackles, 95 solo tackles, and 26.5 sacks in his career¹³. He wasn’t fully developed as an NFL player in 2021 and 2022, either. This season, look for Parsons to reach the pinnacle of his abilities.

T.J. Watt/Myles Garrett (+700)

Watt won NFL DPOY honors two years ago. The Steelers’ linebacker is in the mix to win his second DPOY award. Conversely, Garrett has been one of the betting favorites since the 2018 season.

Despite coming off back-to-back 16-sack seasons, Garrett was unable to get enough votes. Last season, Garrett recorded a career-high 60 combined tackles and matched his 16 sacks from 2021¹⁴.

Your projected 2023 Defensive Player of the Year is @steelers LB @_TJWatt, as voted on by NFL on FOX fans! 👏 pic.twitter.com/I3WykFLV9s

— FOX Sports: NFL (@NFLonFOX) September 1, 2023

He likely has another similar season. Will that be enough to attract enough votes? Probably not. As far as Watt is concerned, he will likely have to finish with roughly around his 2021 stats.

After playing in only ten games last season, Watt went from 58 tackles and 22.5 sacks to 32 tackles and 5.5 sacks¹⁵. Like Garrett, Watt has most likely reached the peak of his career.

Best NFL Defensive Player of the Year Betting Value: Aidan Hutchinson (+2800)

If you are betting on the 2023-24 DPOY, it would be prudent to give Aidan Hutchinson a look at BetUS. With +2800 odds to win the award, Hutchinson is one of the best bets on the board.

The Lions’ St. Brown and Hutchinson are both worth considering on the 2023-24 NFL awards odds. Both players are being undervalued by oddsmakers going into Week 1.

As a rookie defensive end, Hutchinson showcased brute strength, athleticism, and intelligence. The former Michigan Wolverine made an immediate impact as a rookie. The 6-foot-7, 268-pound Hutchinson recorded 52 combined tackles, 9.5 sacks, and even three interceptions¹⁶.

AIDAN HUTCHINSON. THREE SACKS IN THE FIRST HALF 💪

(via @NFL)pic.twitter.com/cQep1e0m6T

— SportsCenter (@SportsCenter) September 18, 2022

Hutchinson was one of the best defensive linemen in disguising himself in coverage. QBs had trouble picking up where he was on the field.

He is a hard worker who is only going to improve from this point. We confidently expect the second-year edge rusher to elevate his game to the next level in 2023.

Hutchinson should be in contention for the 2023-24 DPOY and help lead the Lions to NFC North supremacy.

Best NFL Defensive Player of the Year Longshot Bet: Matthew Judon (+4000)

The wildest NFL Defensive Player of the Year odds is Matthew Judon at +4000. Judon should be in the +2500 range and not +4000 odds.

After spending the first five years of his career in Baltimore, Judon signed a four-year deal with the Patriots. In 2022, the 31-year-old linebacker excelled in Foxborough.

He was a major disruptor and helped keep the Patriots afloat amid a down season. Judon finished with 56 tackles and 15.5 sacks in a statement year for the veteran¹⁷.

Bill Belichick has figured out how to maximize Judon’s use in the defense. Look for Judon to continue wreaking havoc on NFL backfields.

2023-24 NFL Defensive Player of the Year Prediction

The best years of Parsons’ NFL career are just getting started. Having already established himself as a premier defensive player, Parsons is set to bring his value even higher this season.

It’s amazing to think what Parsons has accomplished in just two seasons. While we believe that his biggest competition for DPOY have peaked, Watts and Garrett, Parsons has plenty of room to grow in his third season.

The Eagles are favored to win the NFC East, but the Cowboys are our top pick to win the division. Dallas’ defense truly has the potential to be the best in the NFL.

If that comes to fruition, Parsons is surely the front-runner to win the 2023-24 Defensive Player of the Year. As the favorite to win the DPOY, he should prevail, backed by a monster season in Dallas.

2023-24 NFL Rookie of the Year Odds

For our final NFL awards odds analysis, we are checking out the best rookies on both sides of the ball. The NFL annually recognizes one offensive and defensive player as NFL Rookie of the Year.

From the NFL Rookie of the Year odds, at BetUS, we have isolated our best bets to win the NFL Offensive Rookie of the Year and Defensive Rookie of the Year. If you are looking for more NFL awards odds, check out our preview and picks for the NFL Comeback Player of the Year.

Defensive Rookie of the Year Odds

The following NFL awards odds are courtesy of BetUS:

The Packers went with defense in the first round of the 2023 NFL Draft. The Packers’ defensive coordinator, Joe Barry, is on the hot seat and needs this season to go well. Barry has been criticized by Packers fans extensively following a disappointing season.

If Barry is going to survive next year, Lukas Van Ness has to play an important role in contributing to the defense. The 13th overall pick this past April, the Iowa Hawkeye brings a power rush game with him from Iowa City to Green Bay.

The edge rusher should be a fine addition to the defense. Van Ness is likely to contribute right away as a run-stopper and pass-rusher. The Packers will come to find that Van Ness possesses a plethora of versatility.

Van Ness is a top-notch pick to win the 2023-24 Defensive Rookie of the Year award. The NFL Defensive Rookie of the Year odds for Van Ness are a great value bet at +1400 odds.

Offensive Rookie of the Year Odds

The following NFL awards odds are courtesy of BetUS:

It is important to bet on offensive rookies who will be used properly in their first year. Knowing how teams will utilize rookies is important information. With that in mind, Bijan Robinson and Jahmyr Gibbs are strong considerations.

Many people believed that the Lions reached when they selected Gibbs with the 12th overall pick of the 2023 NFL Draft. However, the Lions are well aware of the value that Gibbs brings to this offense.

Update: #Lions OC Ben Johnson says the team will use 1st round pick rookie RB Jahmyr Gibbs “In some ways that people don’t quite think we might.”

While the Lions also have David Montgomery, it is very possible Gibbs sees playing time on all three downs and playing both RB and… pic.twitter.com/N49xSJgjnr

— Dov Kleiman (@NFL_DovKleiman) September 3, 2023

In the same mold as Alvin Kamara, the Alabama rookie can do a little bit of everything. Not only is he an explosive runner, but the Lions will be able to line him up outside and use him as a receiver.

Expect OC Ben Johnson to find a multitude of ways to get Gibbs involved in the offense. He is too talented for the Lions to keep the ball out of his hands. This will result in big numbers for the rookie right out of the gate in his NFL career.