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Westgate will no longer give quarterbacks longer than 100-1 odds to win NFL MVP

One prominent Las Vegas sportsbook is protecting itself from very long-shot quarterbacks winning the NFL MVP Award.
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In the 2015-16 English Premier League soccer season, Leicester City opened as a +500000 mega-long shot to win the championship. That happened in a stunner, and sportsbooks all across the United Kingdom took a huge bath. They learned their lesson and said they would never again give such long odds to win the Premier League – no odds longer than +100000.

One major U.S. sportsbook, the Westgate Las Vegas, also is making a change in one NFL futures market. Baltimore Ravens quarterback Lamar Jackson opened well ahead of the 2019 regular season as a +10000 long shot to win NFL MVP. Not a huge surprise that the former Heisman winner was well down the list considering how bad he struggled as a passer in his 2018 rookie season.

Of course, Jackson did win NFL MVP honors in unanimous fashion after leading the NFL in touchdown passes and setting a single-season rushing record for a quarterback. Jackson became just the second unanimous MVP in NFL history (Tom Brady) and the youngest (23) quarterback to ever win the award.

To protect the book from a major loss on the MVP prop, the Westgate has set a long-shot limit, according to Director of Race & Sports at Westgate Las Vegas John Murray

"We won't be opening starting QBs at more than 100-1 anymore," Murray said. "If Lamar Jackson could be the runaway MVP after how bad he looked in the wild card game last year, it seems like anything is possible with QBs."

That's not to say bettors can't wager at the Westgate on other players with longer odds to win NFL MVP. For example, star receivers Michael Thomas and Julio Jones are both +20000. So is Jets running back Le'Veon Bell and 2019 NFL Defensive Rookie of the Year Nick Bosa from the 49ers to name a few.

"Non-QBs will be seeing significant bumps from us in both the NFL MVP and Heisman pools," Murray added.

Matt Severance
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