Tom Hiddleston'sLoki is one of the few villains in the MCU fortunate enough to be graced with a long-form character arc, but there's a question of how that might have turned out had he been banished to Earth instead of Thor. Marvel already introduced its own What If...? series to the world. Reception to it was generally lukewarm, if only because a large number of the ideas weren't as fully fleshed-out as they might have been. Many of its ideas were minor tweaks to the movie continuities that, in theory, should have had a far-reaching impact on What If...?'s MCU, only to show minor and immediate ripples as opposed to major ones.
Having been among the most popular characters in the MCU almost since his inception, Loki avoided a great deal of the criticism generally foisted upon most MCU villains. It was this popularity that allowed the filmmakers to do more with his character than many others, ultimately giving him his own series. Odin may have been all-seeing, but his foresight was an absolute problem when it came to the upbringing of his sons. However, there's a legitimate question as to how things might have turned out for the God of Mischief if Odin had caught on to his scheming sooner.
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If Odin had been able to determine Loki's dark machinations and plan prior to the true inciting incident of 2011's Thor and banished him instead of his brother, what might have happened? His character arc would be unrecognizable. Being so integral to so much of the MCU, it's a safe bet to say that the entire arc of the first three phases would be radically different. Being as crafty as he is, however, there is reason to believe Loki would have found alternative means of
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