NBA MVP Odds & Favorites 2025-26: SGA Favored; Doncic Climbing
Oklahoma City Thunder guard Shai Gilgeous-Alexander is the NBA MVP odds favorite at +200, but the Los Angeles Lakers' Luka Doncic (+400) continues to make up ground.
Rounding out the top five are the Denver Nuggets' Nikola Jokic (+500), San Antonio Spurs' Victor Wembanyama (+600), and Milwaukee Bucks' Giannis Antetokounmpo (+700).
📊 Live NBA MVP odds 2025-26
Our 2025-26 NBA MVP odds update in real time based on the NBA odds.
🌐 Want more trusted analysis?
Add Sportsbook Review as one of your "source preferences" to see more of our expert picks and predictions in your Google search results and Discover feed.
🔢 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?
Oklahoma City Thunder guard Shai Gilgeous-Alexander is the favorite at +200 odds, which translate to an implied probability of 33.33%.
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.
📃 Affiliate disclosure
Sportsbook Review may receive a commission if you sign up through our links. Not intended for use in MA. Bonuses not applicable in Ontario. 21+ only. (Gambling problem? Call 1-800-GAMBLER)
Related Articles
