NBA MVP Odds | Who Will Win Most Valuable Player?

NBA MVP odds for the 2024-25 season are now live. Luka Doncic (+330), Shai Gilgeous-Alexander (+380) and Nikola Jokic (+450) began the season as the betting favorites. SGA has pulled away from the field and is now a heavy -550 favorite followed by Jokic with a +350 price.

See below for NBA MVP odds for the 2024-25 season.

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NBA MVP odds

Here are the current NBA MVP odds.

How NBA MVP odds Are Changing

Here we’ll take a look at how NBA MVP odds are changing over the course of the season.

Futures Betting on NBA MVP

The NBA MVP award is usually fairly easy to predict, but with the league currently loaded with super-duper-stars, we saw a relative longshot win in 2021. Denver Nuggets star Nikola Jokic captured his first league MVP award, as he averaged 26.4 points, 10.8 rebounds and 8.3 assists per game that season. The Joker had the 12th lowest odds to win the award at FanDuel Sportsbook ahead of the season at +3600.

Jokic wound up going back-to-back, as he won the pro basketball Most Valuable Player award again in 2022. The Serbian sensation had around +1400 NBA MVP odds prior to the start of the 2021-22 season. Philadelphia 76ers star Joel Embiid narrowly missed out on winning the award. Embiid had around +1000 MVP odds prior to the start of the season. Luka Doncic was the consensus favorite to win in the pre-season last year with +400 odds.

NBA Over or Under Win Totals

Betting on the MVP winner is one of the more popular options for outright bets known as “Futures,” which are usually wagers on a season-long outcome such as the NBA champion, NBA division winner, or individual award winners. It’s also possible to bet Over or Under on Team Win totals, i.e. the number of games a team is expected to win during the regular season.

If you're looking to bet on NBA lines for today go here.

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Where you can bet on the MVP legally

Online sports betting is currently legal at a regulated sportsbook in the following states:

Legislation is on the table in a number of states with more states sure to legalize sports betting in the upcoming years.

Residents of Arizona, Colorado, Michigan, Nevada, New Jersey, Pennsylvania, Virginia and West Virginia have access to online sportsbooks, including the platforms created by industry titans DraftKings and FanDuel. William Hill and other online books also offer great opportunities to bet on NBA games and Futures.

In order to bet on MVP, users can click on the NBA tab and find the tab labeled “Futures” and move to “Player Futures.” Regular Season MVP should be one of the categories along with Rookie of the Year, Defensive Player of the Year, and more postseason awards.

Previous winners and trends

Only three MVP winners in the “modern era” have come from teams that won 50 games or fewer. This past season's winner, Jokic, was one of them as his team won 48 games. Additionally, since 1985 only three MVPs have come from teams that failed to finish at least second in their conference.

So the starting point for choosing a good bet is finding the best player on a winning team. Denver was not one of the top two teams but Jokic more or less single-handedly willed them to the playoffs. The Nuggets were a top 6 seed in the West as were the Sixers in the East.

Remember that the MVP is a regular season award, so players that historically have come up short in the postseason, like Jokic and Harden will always still have a seat at the MVP table.

That said, because the award is voted upon by sportswriters, a players’ body of work tends to put them over the top. Only four MVP winners were younger than 23 and the last rookie to win the MVP was Wes Unseld back in 1969.

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Scoring is Critical to win NBA MVP

Scoring is a key criteria for MVP, as the NBA’s leading scorer has won the award in four of the past five years.

While the Center position is fading in today’s small-ball NBA, that position leads the way in MVP awards with 27, although 22 of those came in the first 28 years of the award.

Over the last 15 years, guards have won the award eight times, signifying how the NBA has transitioned to a faster-paced, higher-scoring game. The past four guards to win (James Harden, Russell Westbrook, Steph Curry, and Derrick Rose) are not particularly renowned defenders. Posting gaudy offensive numbers can be enough to sway voters.

Shooting guards have won the fewest awards (eight) in the history of the MVP and Michael Jordan snagged five of those trophies.

Since the 1975-76 season, only three players have been named MVP in a season where their team failed to win 50 games. That includes Russell Westbrook in 2016-17, but it has become a rarity for a player from a mediocre team to win the award.

The Most Valuable Player (MVP) award is voted upon by a panel of 100 media members who are not affiliated with any NBA franchises. Each member of the panel casts a vote for first to fifth place selections. Each vote counts incrementally towards a players’ total, with first-place votes netting 10 points and fifth-place votes counting for only 1 point.

In the history of NBA MVP voting, only Curry (2015-16) has received every first-place vote from the entire panel to be named MVP unanimously. Kareem Abdul-Jabbar won the award a record six times and LeBron has won four MVP awards, which makes him the leader among active players.

Top Betting Apps for NBA MVP Odds

When betting on NBA MVP odds, leading sports betting sites like DraftKings, FanDuel, BetMGM, Caesars Sportsbook, and PointsBet provide competitive lines and detailed player insights. These platforms feature up-to-date MVP odds, comprehensive performance data, and exclusive promotions to enhance your betting experience. Opt for an sports betting app with a focus on NBA MVP markets to get the most precise and valuable odds.