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NBA MVP Odds 2026-27: Spurs’ Victor Wembanyama Favored to Win MVP

Written By Nick Crain | Last Updated at September 23, 2026

The preseason NBA MVP odds (via DraftKings sportsbook) tell us that Victor Wembanyama could finally claim the award. But reigning MVP Shai Gilgeous-Alexander is also in the mix, followed by three-time MVP winner Nikola Jokic.

And who knows — even Luka Doncic or Giannis Antetokounmpo could make a run at the award. Anything can happen in the NBA, and with so many contenders vying for every major accolade, this year’s MVP race could be pretty interesting.

NBA MVP Odds for 2026-27 Season

The early NBA MVP odds are available, and Victor Wembanyama is the clear favorite to claim it. But plenty of contenders and elite players sit atop the preseason odds. There’s even a good chance that Shai Gilgeous-Alexander could become a three-time winner.

PlayerNBA MVP Odds (via DraftKings)
Victor Wembanyama, Spurs+200
Shai Gilgeous-Alexander, Thunder+350
Nikola Jokic+550
Luka Doncic+600
Giannis Antetokounmpo+1000
Jayson Tatum+1500
Anthony Edwards+2000
Cade Cunningham+2500
Jalen Brunson+3500
Donovan Mitchell+10000
Kawhi Leonard+10000
Tyrese Haliburton+15000
Tyrese Maxey+20000
Jaylen Brown+20000
Kevin Durant+20000
Cooper Flagg+20000
Devin Booker+25000
Joel Embiid+30000

*Odds as of Sept. 21, 2026. These odds are subject to change at any time.

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Current NBA MVP Betting Favorites

The NBA MVP odds in 2027 favor Victor Wembanyama at +200 odds. But he’s got some competition, with players such as reigning MVP Shai Gilgeous-Alexander also among the main contenders for the award.

Victor Wembanyama +200

The NBA MVP betting odds tell us that Wembanyama has the best chance of claiming the award. It would be his first MVP, and he'd be entering his third NBA season to close out 2025-26.

Wembanyama is a true superstar who averages a whopping three blocks per game. He’s great from the perimeter and at the rim, demonstrating incredible versatility for a player who stands at 7’4.

Shai Gilgeous-Alexander +350

The preseason odds to win NBA MVP indicate that Gilgeous-Alexander could reclaim the award again. He’s won the previous two MVP awards, averaging over 30 points per game in both those seasons.

Even the preseason NBA championship odds indicate that Gilgeous-Alexander is a real threat to dominate this season. Oklahoma City, which won an NBA title in 2024-25, nearly made it back to the finals last season.

Nikola Jokic +550

According to DraftKings, the current NBA MVP odds are also very keen on Nikola Jokic. He’s been in the mix for this award every season since 2020, claiming it three times within a stretch of four years.

And it’s really no surprise that he’s a contender once again. Jokic averaged a triple-double throughout the entirety of 2025-26, leading the league in rebounds (12.9) and assists (10.7) per game.

Luka Doncic +600

The 2027 NBA MVP odds peg Luke Doncic at +600. It’s a little surprising that he’s never won the award, as he’s led the NBA in scoring twice in the past three seasons. But if he can pick things up on defense this year, he’ll then be a true contender for MVP.

Giannis Antetokounmpo +1000

Among the top NBA MVP picks for 2026-27 is also Giannis Antetokounmpo. The Greek Freak is a two-time winner of the award, although he now enters his 14th NBA season. But a fresh start in Miami (where the roster is in much better shape) could propel him to another year of dominance.

NBA MVP Sleeper Picks

The latest NBA MVP futures at DraftKings also include several sleeper picks. Bookies often overlook the best players—players like Cade Cunningham, Anthony Edwards, and Jalen Brunson.

Keep in mind that the underdogs in this category provide you with the best profitability. Plus, the best sportsbook promos offer you odds boosts and bonus bets, which could come in handy with your MVP prediction.

Anthony Edwards +2000

When determining your preseason NBA MVP predictions, Anthony Edwards is another player you can’t ignore. He’s a true superstar whose greatness is on display every time he plays. If Edwards can average over 30 points per game and secure the No. 1 playoff seed in the Western Conference, he’ll be a true contender for MVP.

Cade Cunningham +2500

The NBA odds make it clear that Cade Cunningham is an underdog, but I tend to disagree with this assessment. After years of irrelevance, Detroit is no longer a bottom dweller. And Cunningham is a big reason why, having led the team in scoring (23.9) and assists (9.9) per game last season.

Jalen Brunson +3500

Jalen Brunson, who was sensational during the playoffs last season, led New York to its first NBA championship in 53 years. This guy is gritty, resilient, tenacious, and plays with urgency whenever he’s on the court. Plus, we know that Brunson can put up massive numbers (he’s averaged 26 or more points per game in the past three seasons).

NBA MVP Prediction

This prediction wasn’t easy to determine, as multiple contenders are worth picking here. Ultimately, winning three MVPs in a row seems very unlikely for Gilgeous-Alexander. Something like this hasn’t happened since Larry Bird did it over 40 years ago.

A first-time MVP winner is very much on the table in 2026-27. That’s one of the reasons why we’re picking Luka Doncic to claim the award. Another reason is that he now takes over an LA Lakers team without LeBron James, which gives Doncic more opportunities to show his true finesse and playmaking.

NBA MVP Winners History

Previous winners of the NBA MVP award weren’t always preseason favorites. In fact, in the past 20 years, multiple underdogs have played well enough to claim the prestigious award.

How NBA MVP Odds 2027 Could Shift This Season

The talent-stacked board above reflects preseason pricing, and NBA MVP odds 2027 will move constantly once games tip off. A hot start can drop a player's number in weeks, while a slow one or a lingering injury can push a preseason favorite off the board entirely.

Team record matters as much as individual stats. Voters have historically leaned toward players on teams with a top-two playoff seed, so a contender who slips in the standings, even while posting strong numbers, often sees their odds lengthen anyway. That's part of why Gilgeous-Alexander, despite two straight wins, isn't the outright favorite this time around: voter fatigue on a three-peat bid is a real factor sportsbooks price in.

Trades add another layer of volatility. Giannis Antetokounmpo's move to Miami is the clearest example on this board; a change in team context alone was enough to shift his number without him playing a single game for his new team. Keep an eye on national broadcast schedules and early-season matchups too, since a player who isn't on national TV as often can be undervalued by the market relative to his production.

How to Bet on NBA MVP Odds in 2026

Betting on the NBA MVP this season requires you to complete a few crucial steps. But we can promise you that the process is very easy to follow. Here’s what you’ll need to do:

Pick a Sportsbook and Sign Up

You’ll choose a sportsbook we recommend and create an account. You’ll then provide some personal information, such as your name and date of birth, to confirm that you’re a real person who can legally bet on sports.

Deposit Funds Into Your Account

Next, you’ll visit the online cashier and select a deposit method to fund your account. You can choose between debit cards, e-wallets, and other options. You’ll provide your payment info and enter the amount you wish to transfer.

Explore the Sportsbook and Place a Bet

Once there’s money in your account, you’ll then visit the ‘NBA Futures’ section. You’ll select your pick, add it to your bet slip, enter the dollar amount of your wager, and confirm your bet.

Remember that other futures markets, such as the NBA Rookie of the Year odds and Coach of the Year odds, are available at sportsbooks like DraftKings and FanDuel.

How to Read Odds to Win NBA MVP

The odds are actually easy to read, but we can also explain how everything works. The plus (+) and minus (-) symbols belong to the American odds format. With lower odds (e.g., Victor Wembanyama at +200), they indicate favorites.

Let’s say that Wembanyama is also your pick for NBA MVP this season. By betting $100, you’ll receive $200 with an accurate prediction. The payout would also be higher with players such as Doncic (+600) and Jokic (+550) because the odds are longer.

Where to Bet on MVP Odds

The best NBA betting sites, such as FanDuel and DraftKings, are the best legal options out there. They cover the preseason NBA MVP odds and other key markets, such as conference winners and NBA champions.

Remember that the latest NBA news will help inform your predictions as well. Player injuries and roster updates can change the entire trajectory of the season.

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NBA MVP Odds FAQ

🏆 Who is favored to win the MVP in the NBA?
According to bookies like FanDuel and DraftKings, the preseason favorite to win the NBA MVP is Victor Wembanyama. He’s at 200+ odds to claim the award, which is an implied probability of 33.3%.
📱 Can you bet on NBA MVP odds?
Yes, you can bet on NBA MVP odds by signing up at one of our recommended sportsbooks. For example, DraftKings covers the preseason NBA MVP market, offering odds on top players like Shai Gilgeous-Alexander and Nikola Jokic.
⭐ Who are the top 5 MVP candidates in the NBA?
The top 5 MVP candidates entering the new NBA season are Victor Wembanyama, Shai Gilgeous-Alexander, Nikola Jokic, Luka Doncic, and Giannis Antetokounmpo. Three of these players have also previously won the MVP award (Gilgeous-Alexander, Jokic, and Antetokounmpo).
📍 Where can I bet on NBA MVP odds?
You can bet on this season’s NBA MVP by signing up at legal sportsbooks like DraftKings, FanDuel, or BetMGM. Each one offers you ample coverage of the NBA, including odds on other popular preseason markets, such as Win Totals and Rookie of the Year.
📜 Has a rookie ever won the Most Valuable Player award?
Yes, two rookies have won the NBA MVP: Wilt Chamberlain in 1959-60 and Wes Unseld in 1968-69. No rookie has won the award since Unseld, making it one of the rarest feats in the league.
🏅 Who won the NBA MVP award last season?
Last season's NBA MVP winner was Shai Gilgeous-Alexander. He finished the 2025-26 campaign averaging 31.1 points per game and 6.6 assists per game. Gilgeous-Alexander also led Oklahoma City to a 64-18 record during the regular season.