Derek Carr has launched his 2024 season with MVP-caliber performances, and his odds to win the coveted award have drawn attention across the sports betting industry. At BetMGM, Carr’s MVP odds are currently priced at +3500, with similar numbers ranging from +3000 to +3500 across various sportsbooks. With quarterback play down early in the season and Carr leading in critical passing metrics, there’s value in grabbing these odds now before they shorten dramatically.
In Week 1, Carr orchestrated a 47-10 victory over the Panthers, posting an impressive stat line of 19-for-23 for 200 yards, three touchdowns, and a passer rating of 142.5. He followed that up in Week 2 by going 11-of-16 for 243 yards, two touchdowns, and a rushing TD in a dominant 44-19 win over the Cowboys in Dallas. Through two games, Carr leads the NFL in key categories, including passing touchdowns (5), EPA per dropback (0.44), yards per attempt (11.4), and passer rating (142.4). He also ranks second in completion percentage at 76.9%.
Much of Carr’s success can be attributed to the new offensive system under OC Klint Kubiak, which draws from the Kyle Shanahan playbook. A key change for the Saints has been their shift in play-action usage. After ranking last in the league in play-action rate at 14.4% in 2023, they now lead the NFL at 52.3%. This shift has allowed Carr to attack downfield and leverage the talents of Chris Olave, Rashid Shaheed, Alvin Kamara, and other offensive weapons.
Looking ahead, Carr and the Saints face the Eagles this Sunday, followed by favorable matchups against the Commanders, Giants, and Panthers, as well as two games against the pass-funnel Buccaneers. With these contests in particular on the horizon, Carr has plenty of opportunities to continue his strong start, padding his stats and strengthening his MVP case.
Given his blistering start and the Saints' efficient offense, Derek Carr’s +3500 MVP odds offer tremendous value for bettors. With a few more standout performances, Carr’s odds will likely shorten, making now the perfect time to lock in a high-reward bet. The Saints are also priced at +3000 to win the Super Bowl, +1300 to win the NFC, and +140 to capture the NFC South, further indicating that New Orleans is poised to be a contender this season.
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