NHL MVP Odds: Connor McDavid Favored to Win Fourth Hart Trophy

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The 2026-27 NHL is set to begin on Tuesday night!
It's a wide-open season with plenty of teams hoping to become Stanley Cup contenders, and there's no shortage of storylines to keep track of. One thing that's constant compared to recent seasons is that Connor McDavid will once again enter the season as the betting favorite to win the Hart Trophy as the league's Most Valuable Player.
Let's take a look at the top 20 names on the odds list.
NHL Hart Trophy Odds
- Connor McDavid +250
- Nathan MacKinnon +370
- Macklin Celebrini +500
- Leon Draisaitl +1100
- Nikita Kucherov +1200
- Kirill Kaprizov +1500
- Auston Matthews +1800
- David Pastrnak +2200
- Jack Hughes +2500
- Jack Eichel +3000
- Mitchell Marner +3500
- Cale Makar +4500
- Nick Suzuki +5500
- Tage Thompson +6500
- Jason Robertson +6500
- Mikko Rantanen +6500
- Quinn Hughes +7500
- Connor Bedard +8000
- Cole Caufield +10000
- Matthew Schaefer +12500
McDavid is set as the +250 betting favorite to win the Hart Trophy, an implied probability of 28.57%. It would be his fourth career Hart Trophy, having won it in 2016-17, 2020-21, and 2022-23.
Last year's winner, Nikita Kucherov, is fifth on the odds list at +1500. Four of the top five names on the odds list are previous winners. The name that sticks out as a new contender is Macklin Celebrini, who took a significant step forward in his second year in the league. He recorded 115 points with the Sharks last season, which was good for fourth in the league behind McDavid, Kucherov, and Nathan MacKinnon.
If he's able to improve on that performance and help lead the San Jose Sharks to the postseason, he'll be the frontrunner to win the award.
The top three goalies on the odds list to win the award are Andrei Vasilevskiy, Jeremy Swayman, and the 2024-25 winner, Connor Hellebuyck, all listed at 125-1.
At the end of the day, McDavid is the best hockey player in the world, and if the Mike Babcock hiring as head coach works out and if McDavid can remain healthy for all 82 games, it's going to take a herculean effort from any player to keep the Edmonton Oiler from winning his fourth career NHL MVP.
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Originally from Nova Scotia, Iain MacMillan is a senior editor covering betting, with a focus on NFL, NHL, and golf. He hosts the Bacon Bets Podcast and has been featured on VSIN, BetQL and Monumental Sports Network. He is a member of the Metropolitan Golf Writers Association and his beloved Falcons and Maple Leafs break his heart on a yearly basis.
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