NBA MVP Odds 2025
- NBA Odds
The NBA season is just around the corner, and few if any futures have as much buzz as the Most Valuable Player odds every year.
Nikola Jokic of the Denver Nuggets is currently the odds on favorite to win MVP before the season in most sports books, opening as a +350 favorite at DraftKings (bet $100 to win $350).
On this page you'll find the latest NBA MVP Odds from the best sportsbooks available in the US. Compare odds, learn more about the favorites, and click through to sign up and place a bet on your chosen odds.
Opening Favorites Among NBA MVP Betting Odds
- Nikola Jokic +350
- Luka Doncic +370
- Shai Gilgeous-Alexander +600
- Joel Embiid +600
- Giannis Antetokounmpo +650
- Anthony Edwards +1200
- Jayson Tatum +1800
- Jalen Brunson +1800
- Victor Wembanyama +2800
- Ja Morant +3000
*Odds from Draftkings accurate as of 07/18/2024
Luka Doncic has the shortest odds of a player who hasn't already won an MVP award in their career; he finished 3rd in MVP voting last season and 4th the year prior. His current NBA MVP betting odds of +375 could shorten further if he and the Dallas Mavericks perform well over the first month of the new season.
Nikola Jokic (+375)
Nikola Jokic is the reigning MVP. Ahead of the 2024-25 season, the Serbian is the favorite across sportsbooks' NBA MVP odds. He was fantastic last season, which lead to him winning the MVP award for the third time. Despite winning the MVP award three times now there will still be questions asked of him. Is there another gear he can take it to? Does he make strides as a pick and roll defender? Does the three-time MVP add something new to his game? One of the most well-rounded players in basketball, Jokic is an understandable MVP odds on favorite.
Luka Doncic (+375)
Doncic finished 3rd in MVP voting last season, the highest he's finished in the past four years as he's finished between 4-6 every other season. He was fantastic with the Mavericks last season which eventually lead to them reaching the NBA Finlas which they lost to the Boston Celtics. Doncic and Kyrie Irving were a fantastic partnership throughout last season and the arrival of Klay Thompson will excite some Mavericks fans. US betting sites, at least, have him placed a close second to Jokic across their current NBA MVP betting odds.
Shai Gilgeous-Alexander (+550)
Shai Gilgeous-Alexander, a dynamic guard for the Oklahoma City Thunder, has emerged as one of the NBA's premier talents. Known for his scoring ability, court vision, and defensive prowess, Gilgeous-Alexander has consistently improved his game each season. His 2023-2024 performance, where he led the Thunder with impressive statistics and clutch plays, has put him in the conversation for the MVP award in 2025.
NBA MVP History
Here's a rundown of the NBA MVP winners of the past 10 years:
- 2024 – Nikola Jokic – Denver Nuggets
- 2023 – Joel Embiid – Philadelphia 76ers
- 2022 – Nikola Jokic – Denver Nuggets
- 2021 – Nikola Jokic – Denver Nuggets
- 2020 – Giannis Antetokounmpo – Milwaukee Bucks
- 2019 – Giannis Antetokounmpo – Milwaukee Bucks
- 2018 – James Harden – Houston Rockets
- 2017 – Russell Westbrook – Oklahoma City Thunder
- 2016 – Stephen Curry – Golden State Warriors
- 2015 – Stephen Curry – Golden State Warriors
- 2014 – Kevin Durant – Oklahoma City Thunder
How the NBA MVP is Decided
The NBA's Most Valuable Player is an award given to the best performing player of the regular season. This means a player's performance in the playoffs should have no bearing on the voting for this award. The winner is selected by a panel of 100 leading media members. Each member of the voting panel must submit a ballot ranking their top five MVP candidates. Points are awarded for each vote in descending order – a first place vote is worth 10 points. The player with the most total points is named as the MVP. Effective with the 2023-24 season, players must be on the floor for 20 minutes in at least 65 games to be eligible for the MVP award. However, two "near misses", in which the player appeared for at least 15 minutes, can be included in the 65-game count. There are also protections for players who have played 62 games and suffered season-ending injuries, as well as those affected by what the NBA's new collective bargaining agreement refers to as "bad faith circumstances".
NBA MVP Odds FAQ
Which player has the best NBA MVP odds?
Nikola Jokic has the shortest odds going into the 2023-24 season with +450 at BetMGM at the time of writing. Jokic enters the new season as an NBA Champion and already has two MVP titles under his belt. If you're looking for an outside pick, you might consider Anthony Edwards' +1600 odds of taking the award. Or perhaps Kevin Durant's +8000 takes your fancy, with the sharpshooter looking to build on the Suns' highly respectable performances over the past two seasons.
What are the odds of Luka Doncic winning the 2024-25 NBA MVP award?
+375 according to BetMGM as of 07/17/2024, a putting him level with fellow European Nikola Jokic at +375.
Who was the 2023-24 NBA MVP?
Nikola Jokic of the Denver Nuggets won the 2023-24 award.
When is the NBA MVP announced?
The NBA does not set a particular date for the MVP's announcement, however in recent years the news has broken in early May. For the 2021-22 season, Nikola Jokic was announced as the MVP on the May 9th, whereas in the 2022-23 season Joel Embiid was named the MVP on May 3rd.
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