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NBA Rookie of the Year Odds 2024

By Kyle Odegard
Last Updated: Tuesday 7th November 2023

Victor Wembanyama is one of the most-hyped prospects in recent NBA history, and unsurprisingly, he begins the season as the favorite to win Rookie of the Year. 

There are plenty of other strong candidates, but make no doubt, the San Antonio Spurs’ big man is the one everyone is chasing as the NBA season tips off. You never know how the year’s going to play out, though — especially in terms of injuries — so let’s take a look at all the NBA Rookie of the Year odds 2024.

If any of these odds seem appealing, you can click through to sign up, claim a free bet offer and make your pick.

Victor Wembanyama Rookie of the Year Odds

2024 NBA Rookie of the Year Favorites

  • Victor Wembanyama +125
  • Scoot Henderson +300
  • Chet Holmgren +300
  • Brandon Miller +1400
  • Amen Thompson +3500
  • Cam Whitmore +4000
  • Ausar Thompson +5000
  • Keyonte George +5000
  • Jarace Walker +6600
  • Gradey Dick +6600
  • Anthony Black +8000
  • Taylor Hendricks +8000
  • Cason Wallace +8000

*Odds via BetMGM Sportsbook

Here is a look at the three main contenders to win the 2023-24 NBA Rookie of the Year. 

Victor Wembanyama (+125)

Wembanyama is the most ballyhooed prospect the league has had since LeBron James. The 7-foot-4 power forward/center will be the tallest player on the court for almost every game and also possesses rare coordination for a player of his size.

The Frenchman has been playing overseas throughout his career and will now join the best league in the world. Wembanyama does have room to grow as a player, and it may not always be the most seamless transition, but he is easily the most talented of his class.

San Antonio is in the midst of a rebuild and Wembanyama will be a starter — and maybe even their best player — from the jump. He dazzled in his second preseason game and it would not be a shock for him to follow the path of former Spurs No. 1 overall picks David Robinson and Tim Duncan in becoming an NBA superstar.

Scoot Henderson (+300)

Henderson was the No. 3 overall selection in the draft by the Portland Trail Blazers. Portland dealt Damian Lillard to the Bucks this offseason, which will give Henderson the room to be an impact player from the get-go. Instead of going to college, the former 5-star recruit played the past two seasons in the G League, which could help him adapt quicker to the NBA. 

Henderson was impressive when he went up against Wembanyama in a 2022 exhibition game, finishing with 28 points, nine assists and five rebounds — although it’s worth noting that Wemby went off for 37. 

While scouts believe Wembanyama has more talent and a higher ceiling — and the 2024 NBA Rookie of the Year odds reflect this — Henderson’s G-League experience could help him make a smoother transition to the NBA.

Chet Holmgren (+300)

Holmgren was the No. 2 overall pick in the 2022 draft by the Oklahoma City Thunder but suffered a Lisfranc injury before the season and missed the entire campaign. Therefore, he has retained rookie status and has a good chance if he can stay healthy.

It remains to be seen if the Lisfranc injury is a worrying sign of things to come for Holmgren, but he played in the Summer League in July and looked good. Holmgren entered the NBA weighing just 195 pounds, and while he’s far from a finished product, the big man has put on some noticeable muscle, which is a big deal as he attempts to battle veteran forwards and centers down low.

Holmgren is an intriguing wild card in this race, not from the same draft class as the others but still eligible for rookie honors, and with the talent to make some serious noise.

Holmgren rounds out the clear top-three candidates to win NBA Rookie of the Year. Even though Brandon Miller was the second pick in the 2023 draft, he is seen as a longshot at +1400, and the NBA Rookie of the Year odds get steeper for the rest of the rookie class. The best online sportsbooks in the US are offering odds on the entire class, so check those out if you fancy an outside bet.

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NBA Rookie of the Year History

Paolo Banchero of the Orlando Magic — who was the first pick in the 2022 NBA Draft — was the clear Rookie of the Year last season, claiming 98 out of 100 first-place votes. However, the first pick isn’t always a shoe-in for the ROY award. In fact, only two of the last six ROYs have been first picks. Here are the previous 10 winners of the award:

  • 2023 – Paolo Banchero – Orlando Magic 
  • 2022 – Scottie Barnes – Toronto Raptors
  • 2021 – LaMelo Ball – Charlotte Hornets
  • 2020 – Ja Morant – Memphis Grizzlies
  • 2019 – Luka Dončić – Dallas Mavericks
  • 2018 – Ben Simmons – Philadelphia 76ers
  • 2017 – Malcolm Brogdon – Milwaukee Bucks
  • 2016 – Karl Anthony-Towns – Minnesota Timberwolves
  • 2015 – Andrew Wiggins – Minnesota Timberwolves
  • 2014 – Michael Carter-Williams – Philadelphia 76ers

NBA Rookie of the Year Odds 2024 FAQs

Who won last year’s Rookie of the Year?

The Orlando Magic’s Paolo Banchero won Rookie of the Year in 2022.

Have there ever been any co-ROY winners?

Yes, the Rookie of the Year award has been shared on three occasions: Geoff Petrie and Dave Cowens in 1971; Jason Kidd and Grant Hill in 1995; Elton Brand and Steve Francis in 2000.

Who decides the Rookie of the Year?

ROY is decided by a panel of American and Canadian sportswriters, who can cast three votes in total: one first place vote (worth 5 points), one second place vote (worth 3 points), and one third place vote (worth 1 point). The ROY is the player with the most points.

How many number 1 picks have won Rookie of the Year?

Since 1953 — when the inaugural ROY was won by Monk Meineke — 21 first picks have won the award, and the NBA Rookie of the Year 2024 odds suggest Wemby will make it 22. 

When will the NBA Rookie of the Year 2024 be named?

The 2024 Rookie of the Year will be announced after the regular season and play-in tournament has concluded. This will likely be at the end of April.

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The people behind this page

The BettingOdds.com's online gambling content experts who helped write, edit and check this page:
Kyle Odegard
Kyle Odegard has been a professional journalist for two decades, with two years of experience in the sports betting industry at Compare.bet and Betting Odds. He was a beat writer for the NFL’s Arizona Cardinals from 2013-2021 and previously covered MLB, NFL, NBA, college football and more for the East Valley Tribune newspaper in Tempe, Arizona. Kyle has broken multiple national stories about the Arizona Cardinals and his work has been referenced by numerous publications, including Sports Illustrated, the Daily Mail, the New York Post, Yahoo!, FOX News, MSN, the Arizona Republic and Pro Football Talk.
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