🏀 NBA MVP Odds & Favorites 2026: SGA Favored Over Wemby in Two-Man Race

Shai Gilgeous-Alexander is a -300 betting favorite in the NBA MVP odds, ahead of Victor Wembanyama, who is +350.
Oklahoma City Thunder guard Shai Gilgeous-Alexander walks down the court as we break down the NBA MVP odds 2026.
Pictured: Oklahoma City Thunder guard Shai Gilgeous-Alexander walks down the court as we break down the NBA MVP odds 2026. Photo by Alonzo Adams / Imagn Images.
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Oklahoma City Thunder guard Shai Gilgeous-Alexander is a -300 betting favorite in the NBA MVP odds. 

San Antonio Spurs forward Victor Wembanyama has the second-shortest odds at +350 after being listed at +1300 last week.


📊 Live NBA MVP odds 2026

Our NBA MVP odds 2026 update in real time based on the NBA odds.


🤑 NBA MVP betting insights

Betting insights via BetMGM, current as of March 31:

Player Team Current odds Ticket % 🎟️ Handle % 💰
Cade Cunningham Pistons Off the board 21.9% 17.1%
Victor Wembanyama Spurs +250 19.5% 16.7%
Luka Doncic Lakers +3000 13.6% 15.9%
Nikola Jokic Nuggets +6600 9.9% 15.8%
Jaylen Brown Celtics +100000 9.3% 4.1%
Shai Gilgeous-Alexander Thunder -350 5% 17.8%

BetMGM is in a strong position, especially with Cade Cunningham already off the board, having accounted for 17.1% of the handle.

Luka Doncic and Nikola Jokic combine for 31.7% of the handle, and it is very unlikely that either will pull ahead of Gilgeous-Alexander and Wembanyama.

Corey Scott


🔢 NBA MVP opening odds

Odds via DraftKings.

  • Nikola Jokic, Nuggets: +200
  • Shai Gilgeous-Alexander, Thunder: +250
  • Giannis Antetokounmpo, Bucks: +700
  • Luka Doncic, Lakers: +800
  • Anthony Edwards, Timberwolves: +1000
  • Victor Wembanyama, Spurs: +1800
  • Cade Cunningham, Pistons: +3000
  • Jalen Brunson, Knicks: +3500
  • Joel Embiid, 76ers: +7000
  • Kevin Durant, Rockets: +8000
  • Donovan Mitchell, Cavaliers: +8000
  • Jaylen Brown, Celtics: +10000
  • Anthony Davis, Mavericks: +10000
  • Paolo Banchero, Magic: +10000
  • Ja Morant, Grizzlies: +12000
  • LeBron James, Lakers: +15000
  • Stephen Curry, Warriors: +15000
  • Devin Booker, Suns: +18000
  • Karl-Anthony Towns, Knicks: +25000
  • Evan Mobley, Cavaliers: +25000
  • Pascal Siakam, Pacers: +25000
  • Jaren Jackson Jr., Grizzlies: +30000
  • Trae Young, Hawks: +30000
  • Kawhi Leonard, Clippers: +40000
  • James Harden, Clippers: +40000

🏆 NBA MVP betting history

Year Name Team Preseason odds
2024-25 Shai Gilgeous-Alexander Oklahoma City Thunder +600
2023-24 Nikola Jokic Denver Nuggets +450
2022-23 Joel Embiid Philadelphia 76ers +600
2021-22 Nikola Jokic Denver Nuggets +1600
2020-21 Nikola Jokic Denver Nuggets +2500
2019-20 Giannis Antetokounmpo Milwaukee Bucks +210
2018-19 Giannis Antetokounmpo Milwaukee Bucks +475
2017-18 James Harden Houston Rockets +1100

❓ NBA MVP FAQs

Who is the NBA MVP odds favorite?

Shai Gilgeous-Alexander is the favorite in the NBA MVP odds at -300.

Who won the NBA MVP last year?

Shai Gilgeous-Alexander won MVP last year ahead of Denver Nuggets center Nikola Jokic.

When will the NBA MVP be decided?

The NBA MVP was announced in late May this past season, so expect it then for this upcoming season.

What is the NBA MVP trophy called?

The NBA MVP trophy was renamed the Michael Jordan Trophy. It's awarded annually to the NBA's Most Valuable Player.

See our breakdown of the 2025-26 NBA schedule and key dates.


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