MLB MVP Odds 2026
Kalshi's markets on the 2026 MVP award, one for each league. Yordan Álvarez leads the AL at 99%, and Pete Crow-Armstrong leads the NL at 100%.
2026 · Live marketUpdated today at 1:41 AM ET
Where these odds come from: Each percentage is the price of that candidate's Kalshi contract: the midpoint of the order book where it is tight, otherwise the last trade. A contract with a result shows 100% for Yes and 0% for No. Prices are not a Kalshi forecast.
American LeagueYordan Álvarez leads at 99%, ahead of Junior Caminero at 2%, from 49 priced candidates. Top 15 of 49 priced candidates. 7d is the move in percentage points over the last seven days.
2026 AL MVP odds
| Contender | Odds | 7d | Trade |
|---|---|---|---|
Yordan Álvarez | 99% | +2pp | Yes 99¢ |
Junior Caminero | 2% | −1pp | Yes 2¢ |
Aaron Judge | <1% | −1pp | Yes 1¢ |
Adley Rutschman | <1% | −1pp | Yes 1¢ |
Alejandro Kirk | <1% | −1pp | Yes 1¢ |
Ben Rice | <1% | −1pp | Yes 1¢ |
Bobby Witt Jr. | <1% | −1pp | Yes 1¢ |
Brent Rooker | <1% | −1pp | Yes 1¢ |
Byron Buxton | <1% | −1pp | Yes 1¢ |
Cal Raleigh | <1% | −1pp | Yes 1¢ |
Cam Schlittler | <1% | −2pp | Yes 1¢ |
Carlos Correa | <1% | −1pp | Yes 1¢ |
Ceddanne Rafaela | <1% | −1pp | Yes 1¢ |
Cody Bellinger | <1% | −1pp | Yes 1¢ |
Colson Montgomery | <1% | −1pp | Yes 1¢ |
National LeaguePete Crow-Armstrong leads at 100%, ahead of Alex Bregman at <1%, from 53 priced candidates. Top 15 of 53 priced candidates. 7d is the move in percentage points over the last seven days.
2026 NL MVP odds
| Contender | Odds | 7d | Trade |
|---|---|---|---|
Pete Crow-Armstrong | 100% | +1pp | Trade |
Alex Bregman | <1% | −1pp | Yes 1¢ |
Bo Bichette | <1% | −1pp | Yes 1¢ |
Brice Turang | <1% | −1pp | Yes 1¢ |
Bryce Harper | <1% | −1pp | Yes 1¢ |
Caleb Durbin | <1% | −1pp | Yes 1¢ |
Christian Yelich | <1% | −1pp | Yes 1¢ |
Corbin Carroll | <1% | −1pp | Yes 1¢ |
Dansby Swanson | <1% | −1pp | Yes 1¢ |
Drake Baldwin | <1% | −1pp | Yes 1¢ |
Elly De La Cruz | <1% | −1pp | Yes 1¢ |
Fernando Tatis Jr. | <1% | −1pp | Yes 1¢ |
Francisco Lindor | <1% | −1pp | Yes 1¢ |
Freddie Freeman | <1% | −1pp | Yes 1¢ |
Geraldo Perdomo | <1% | −1pp | Yes 1¢ |
Method
How MLB MVP odds work
Each league names its own Most Valuable Player. In each league, 30 members of the Baseball Writers' Association of America, two from each of the league's cities, vote at the end of the regular season, before the postseason starts, and the winners are announced in November.
Every row is a contract on Kalshi. Yes pays $1 if that candidate wins the award and No pays $1 if they do not, so the price of Yes in cents reads as the market's implied chance in percent. Each contract is priced on its own, so the column can add up to a little more or less than 100%.
The 7d column is how far that price has moved in the last seven days, in percentage points.
FAQ
MLB MVP odds questions
Who is the favorite for the 2026 AL MVP?
Yordan Álvarez leads at 99% on Kalshi, ahead of Junior Caminero at 2%. That is the market price of the contract, not a Kalshi forecast.
Who is the favorite for the 2026 NL MVP?
Pete Crow-Armstrong leads at 100% on Kalshi, ahead of Alex Bregman at <1%. That is the market price of the contract, not a Kalshi forecast.
Who won the 2025 AL MVP?
Aaron Judge, as Kalshi's settled 2025 market recorded it.
Who won the 2025 NL MVP?
Shohei Ohtani, as Kalshi's settled 2025 market recorded it.
How is the MLB MVP decided?
Each league names its own Most Valuable Player. In each league, 30 members of the Baseball Writers' Association of America, two from each of the league's cities, vote at the end of the regular season, before the postseason starts, and the winners are announced in November.
How do Kalshi's MLB MVP odds work?
Every row is a contract on Kalshi. Yes pays $1 if that candidate wins the award and No pays $1 if they do not, so the price of Yes in cents reads as the market's implied chance in percent. Each contract is priced on its own, so the column can add up to a little more or less than 100%.