NBA Rookie of the Year Odds For 2024

Betting favorites, history, and how to bet

NBA ROY 2024 Wembanyama
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Victor Wembanyama, who was selected first overall by the San Antonio Spurs in this year’s NBA Draft, remains the NBA Rookie of the Year favorite for 2024. Wembanyama is a massive favorite to win the award this year.

View NBA ROY odds for the top first-year players below.

NBA Rookie of the Year odds

NBA Rookie of the Year odds for the 2023-2024 season are available to bet on below. Click on the price(s) you like to bet now.

NBA ROY betting

Here are the top players in contention for the NBA ROY Award.

  • Victor Wembanyama (
  • Scoot Henderson (
  • Chet Holmgren (
  • Brandon Miller (

What happened in past years?

Paolo Banchero, who was drafted first overall by the Orlando Magic, won NBA Rookie of the Year for 2023. Banchero had +180 NBA Rookie of the Year odds at DraftKings Sportsbook to open the season and was -1200 halfway through January. The Magic star garnered 98 out of 100 first place votes.

The 2021-2022 regular season’s NBA Rookie of the Year race was one of the tightest in league history as Raptors forward Scottie Barnes barely squeaked by Cavs forward Evan Mobley. Barnes garnered 48 first place votes while Mobley had 43 first place votes.

The previous campaign wrapped with LaMelo Ball earning Rookie of the Year honors.

NBA Rookie of the Year odds are up at key sportsbooks such as DraftKings and FanDuel. As of June 2, FanDuel had two options available – Wembanyama at -205 or “The Field” at +158.

The NBA ROY award is voted upon by a panel of 100 media members who are not affiliated with any NBA franchises. That panel will vote for a ROY based on their regular season performance.

Each member of the panel casts a vote for first to third-place selections. Each vote counts incrementally towards a player’s total and the player with the highest total wins the award.

There is plenty of precedent where a player misses too many games and members of the panel decide they shouldn’t be eligible. Chet Holmgren is the latest example. Despite getting drafted in 2022, he never suited up for OKC. Holmgren is one of the top contenders to win it next season.

Two years ago, Ball played in 51 of 72 games, missing 21 with a broken wrist. In 2019, Zion Williamson played 24 games and finished third in ROY voting with only one first-place vote. In 2017, Joel Embiid finished third behind Malcolm Brogdon and Dario Saric after playing in 31 of 82 possible games, but he got 23 first-place votes.

How to bet on NBA Rookie of the Year

Betting on the ROY 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.

Odds for futures bets are set during the preseason, but can change throughout the season based on news and results.

There are a variety of ways to bet on the NBA. The most popular is wagering on each day’s games during the regular season. Check out NBA odds for today here.

Top Sportsbooks For Wagering On NBA Rookie Of The Year

1. Caesars Sportsbook

Caesars Sportsbook is one of our top-rated sites for wagering on the NBA. It offers a wide variety of markets, frequent promotions, and a simple interface for users. The mobile app makes it easy for users to find NBA ROY odds. When you click on the NBA tab, you can easily swipe over to promotions to find odds boosts on NBA odds and parlay bonuses. The new user offer of up to a $1,000 welcome bonus is a great way for new users to kick off their basketball betting journey.

2. BetMGM Sportsbook

BetMGM Sportsbook is a top-tier basketball betting site due to its impressive welcome bonus of up to $1,500 and its rewards program. Users can earn rewards credits for wagering on markets like NBA ROY and turn those rewards into bonus bets or discounts at MGM properties. The sportsbook has various live betting options, rotating profit boosts, and vast parlay combos.

3. BetRivers Sportsbook

BetRivers Sportsbook has a quick interface that allows NBA bettors to keep up with all the action. The sportsbook’s welcome offer of up to $500 is a great way to get your NBA ROY betting journey started. While its rewards program, iRush Rewards, isn’t as well known as Caesars’ or BetMGM’s, it does give loyal customers rewards for continuing to place bets on the site, and shouldn’t be overlooked.

4. FanDuel Sportsbook

FanDuel Sportsbook has a ton of options when it comes to futures, which comes in handy if you’re looking to bet on the NBA ROY award. The app’s speed also makes live betting a breeze, and it usually has friendly pricing on most of its markets.

Currently, new users can score up to a $200 when they sign up for the sportsbook today.

Can you bet on Rookie of the Year odds?

Sports betting is currently legal at a regulated sportsbook in the following states.

StateOnline Sports Betting?Retail Sports Betting?Best Online Sportsbooks Available
ArizonaYesYesDraftKings, BetMGM, and FanDuel
ArkansasYesYesN/A
Colorado YesYesDraftKings, BetMGM, Caesars, and FanDuel
ConnecticutYesYesDraftKings, FanDuel
DelawareNoYesN/A
IllinoisYesYesDraftKings, Caesars, and FanDuel
IndianaYesYesDraftKings, BetMGM, Caesars, and FanDuel
IowaYesYesDraftKings, BetMGM, and Caesars
KansasYesYesDraftKings, BetMGM, Caesars, and FanDuel
Kentucky Yes Yes DraftKings, BetMGM, Caesars, and FanDuel
LouisianaYesYesDraftKings, BetMGM, Caesars, and FanDuel
MaineYesComing SoonDraftKings, Caesars
MarylandYesYesDraftKings, BetMGM, Caesars, and FanDuel
Massachusetts YesYesDraftKings, BetMGM, Caesars, and FanDuel
MichiganYesYesDraftKings, BetMGM, Caesars, and FanDuel
MississippiNoYesN/A
MontanaNo YesN/A
NevadaYesYesN/A
New HampshireYesYesDraftKings
New JerseyYesYesDraftKings, BetMGM, Caesars, and FanDuel
New MexicoNoYesN/A
New YorkYesYesDraftKings, BetMGM, Caesars, and FanDuel
OhioYesYesDraftKings, BetMGM, Caesars, and FanDuel
OregonYesYesDraftKings
PennsylvaniaYesYesDraftKings, BetMGM, Caesars, and FanDuel
Rhode IslandYesYesN/A
South DakotaNoYesN/A
TennesseeYesNoDraftKings, BetMGM, Caesars, and FanDuel
VermontYes NoDraftKings, FanDuel
VirginiaYesYesDraftKings, BetMGM, Caesars, and FanDuel
Washington, D.C.YesYesBetMGM, Caesars
West VirginiaYesYesDraftKings, BetMGM, Caesars, and FanDuel
WisconsinNoYesN/A
WyomingYesNoDraftKings, BetMGM, and FanDuel

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

NBA ROY trends and history

Twenty-one winners were drafted first overall. Sixteen winners have also won the MVP award in their careers; Wilt Chamberlain and Wes Unseld earning both honors the same season. Nineteen of the 42 winners have been elected to the Naismith Memorial Basketball Hall of Fame. Three seasons had joint winners — Dave Cowens and Geoff Petrie in 1970-71; Grant Hill and Jason Kidd in 1994-95, and Elton Brand and Steve Francis in 1999-2000.

As mentioned above, stats matter most. So when choosing a player to wager on, minutes played if often a good place to start … the thought being that the more minutes a player plays, the more he can stuff that stat sheet.