2025 NBA MVP Odds & Favorites: SGA Is a Commanding Favorite Over Jokic
Shai Gilgeous-Alexander continues to march toward clinching his first NBA MVP with another 50-plus-point performance.
The Oklahoma City Thunder superstar has led the NBA MVP odds race for the better part of the season, but his odds are now more heavily juiced than they have been to date. SGA leads the league in many major scoring categories, including points-per-game and 50-point performances.
While Denver Nuggets big man Nikola Jokic is having a career year, our best sportsbooks refuse to believe he can catch Gilgeous-Alexander at this point of the season. Our latest NBA MVP odds update details how it is Gilgeous-Alexander's award to lose.
📊 NBA MVP odds 2025
Here are the latest NBA MVP odds from our best sports betting sites.
🔢 NBA MVP opening odds
- Nikola Jokic, Nuggets: +350
- Luka Doncic, Mavericks: +370
- Joel Embiid, 76ers: +550
- Shai Gilgeous-Alexander, Thunder: +600
- Giannis Antetokounmpo, Bucks: +650
- Anthony Edwards, Timberwolves: +1200
- Jayson Tatum, Celtics: +1600
- Jalen Brunson, Knicks: +1600
- Stephen Curry, Warriors: +5000
- Victor Wembanyama, Spurs: +5000
- Ja Morant, Grizzlies: +5000
- Kevin Durant, Suns: +6000
🏀 NBA MVP odds favorite 2025
🌩️ Shai Gilgeous-Alexander MVP odds (-588)
Gilgeous-Alexander is the personification of consistency, as he's on pace to average more than 30 points, 5.5 assists, 4.8 rebounds, and 1.5 steals per game for the third straight season. After failing to bring home the league's most coveted individual award in previous campaigns, our best sports betting apps put him in the driver's seat this go-around.
He's recording up historic numbers that include a career-high in points per game. As such, as long as the face of Oklahoma City's young nucleus stays healthy, Gilgeous-Alexander should run away with this individual accolade. If he does take it home, a $10 bet returns a $1.70 profit.
Best odds: -588 via ESPN BET | Implied probability: 85.47%
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🃏 Nikola Jokic MVP odds (+550)
Jokic is a one-man show, and he's trying to lead the Denver Nuggets on another championship run. He leads his team in scoring, rebounds, assists, and steals, as Jokic is undeniably enjoying the best season of his career. It's nearly unfathomable to say that about a three-time MVP, but Jokic continues to turn heads, even in his 10th season.
The big man is on pace to average a triple-double this season. Jokic would become only the third player to accomplish that feat, joining Russell Westbrook (2016 to 2021) and Oscar Robertson (1961-62). Unfortunately, that doesn't guarantee Jokic the MVP. Westbrook (2017) was the lone MVP winner across the aforementioned five seasons.
Voter fatigue is starting to set in with Jokic, and his odds at our best sportsbooks reflect that unfortunate reality. Nevertheless, if he wins the award for the fourth time in five years, a $10 wager would return $55 in profit.
Best odds: +550 via BetMGM | Implied probability: 22.22%
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🏆 NBA MVP odds history & past award winners
| Year | Name | Team | Preseason odds |
|---|---|---|---|
| 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 |
💡 How to bet on NBA MVP odds
Betting on NBA MVP odds is straightforward. First, pick a reputable sportsbook offering NBA MVP futures. Check the odds for various players; for instance, if Player A has +300 odds and Player B has +700, Player A is favored to win.
Place your bet by deciding how much to wager. If you bet $100 on Player A at +300 and they win, you’ll get $400 back ($100 stake + $300 profit). Keep an eye on player performances throughout the season to gauge your bet’s potential.
Now, why do odds move in future markets? It’s all about performance and perception. If a player performs exceptionally well or poorly, their odds will shift. Injuries to the player or their competitors can also significantly impact their MVP chances.
The success of the player’s team can improve their odds as well. Public betting trends play a role; if many people are betting on one player, sportsbooks might adjust the odds to balance their risk. Expert analysis and predictions can also influence how people bet, affecting the odds. Understanding these factors helps you make informed bets and potentially take advantage of favorable odds movements.
📖 How to read NBA MVP odds
Reading NBA MVP odds involves understanding the implied probability and potential payouts associated with each player's odds of winning the MVP award. NBA MVP odds are typically presented in American odds.
These use plus and minus symbols to indicate underdogs and favorites, respectively. For instance, if a player's odds are +500, a $100 bet would result in a $500 profit if the player wins, while odds of -200 would mean that a $200 bet is required to win $100 in profit.
When reading NBA MVP odds, lower odds indicate that a player has a higher probability of winning the award, while higher odds suggest that a player is considered less likely to win. Bettors should consider factors such as a player's performance, team success, and narrative appeal when evaluating MVP odds.
It's also important to compare odds across different sportsbooks to identify the best value bets. Additionally, bettors should keep in mind that MVP odds can fluctuate throughout the season based on player performance, injuries, and other factors, so staying informed and monitoring odds changes can be crucial for making informed betting decisions.
❓ NBA MVP FAQs
Who is the NBA MVP odds favorite?
Oklahoma City Thunder guard Shai Gilgeous-Alexander is the betting favorite to win NBA MVP honors with -588 odds, which represent an 85.47% implied probability, according to our odds converter.
Who won the NBA MVP last year?
Nikola Jokic secured his third NBA MVP trophy in four seasons in 2024, ranking in the top 10 in points (26.4), rebounds (12.4), and assists (9.0) to run away with the award.
When will the NBA MVP be decided?
We can expect this year's award to be decided at a similar time as last season, which was during the NBA playoffs on May 8.
What is the NBA MVP trophy called?
The NBA MVP trophy was renamed as the Michael Jordan Trophy. It's awarded annually to the NBA's most valuable player.
💰 NBA betting odds pages
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