NBA MVP Betting Odds

See BetVictor's NBA MVP odds below. Who is set to take the award this year? Place your bets with us.

NBA MVP Odds

If you’re following the NBA MVP race for the 2025-26 season, you can check out the latest odds right here on BetVictorSportsbook. The MVP award, which has been around since the 1955-56 season, is one of the biggest honours in basketball. With the new season coming up, the race for MVP is already heating up, and all eyes are on the reigning champ, Shai Gilgeous-Alexander. 

Favourites to Win NBA MVP in 2025-2026

Looking ahead to the 2025-2026 season, Shai Gilgeous-Alexander is once again the early favorite to grab the MVP. The guy is just so consistent, versatile, and has such a huge impact on every game. But he’s not running away with it - there are a lot of other top contenders. Players like Nikola Jokic, Luka Doncic, Giannis Antetokounmpo and Joel Embiid are all right there in the mix, making the competition exciting. 

We’ve got great odds on the NBA MVP race here on our sports betting site. You can back your favourite player and see if SGA can keep his MVP streak going or if someone else will take the crown this year. 

Current Favorites

  • Shai Gilgeous-Alexander (Oklahoma City Thunder): Currently the reigning NBA MVP. He led OKC to a 68-win season, averaging 32.7 PPG. Thunder are title favourites again. 
  • Nikola Jokic (Denver Nuggets): The Denver Nuggets three-time MVP star, averaging a triple-double last season (29.6 PPG, 12.7 RPG, 10.2 APG) is still one of the top contenders. 
  • Luka Doncic (Los Angeles Lakers): The young star now with the LA LAkers is set to have another huge season. 
  • Giannis Antetokounmpo (Milwaukee Bucks): You can never count out Giannis—the two-time MVP from the Bucks is always a threat. 
  • Joel Embiid (Philadelphia 76ers): The 2023 MVP winner will be looking to take the crown back with the Philadelphia 76ers. 

Rising Stars to Watch

There are also some rising stars who could shake things up: 

  • Anthony Edwards (Minnesota Timberwolves): The Timberwolves guard keeps getting better every year. 
  • Victor Wembanyama (San Antonio Spurs): This rookie from the Spurs is already making waves and could have a huge impact right away. 
  • Jalen Brunson (New York Knicks): After a career year with the Knicks, he’s one to watch. 

Canadian Contenders

Shai Gilgeous-Alexander made history as the first Canadian to win the NBA MVP award in 2025, officially becoming the country's long wait for basketball's highest individual honor.

NBA Odds

If you’re looking to bet on the NBA, BetVictor has everything you need. Whether you're into game spreads, win totals, or futures markets, there’s a lot to choose from. The 2025-26 season is expected to be super competitive, and you can see that reflected in the preseason odds. Both the Eastern and Western Conference have several strong teams ready to make a push. 

Right now, the Oklahoma City Thunder are listed as the preseason favourites to win the NBA Championship again after their impressive victory in the 2025 Finals. With their strong roster and recent success, they’re definitely a top pick to repeat. 

But it’s not just about betting on who will win the championship. We also offer odds on player awards like Rookie of the Year, Coach of the Year, and Defensive Player of the Year. Whether you're following new talents in the race for Rookie of the Year or keeping an eye on established stars competing for MVP, there’s plenty to engage with throughout the season. 

If you enjoy betting on futures, these markets are a great way to stay involved in the NBA action long before the games even start.

Basketball Odds

BetVictor doesn’t just focus on the NBA - there are betting options for basketball leagues and competitions all over the world. Whether you’re into the WNBA, college basketball, or international leagues, we offer a wide range of basketball odds to keep you entertained. 

You’ll find full coverage for NBA games, including the regular season, playoffs, and Finals. You can also bet on the WNBA, NCAA basketball (both men’s and women’s), and major international competitions like the EuroLeague, EuroCup, and FIBA World Cup. There’s even coverage for domestic leagues such as Australia’s NBL, China’s CBA, and Spain’s ACB. So, if you love following basketball beyond the NBA, there’s something for you here. 

We also have some exciting features like NBA player props, team specials, and live in-game betting, where the odds change as the game unfolds. You can even bet on the NBA Draft and NBA 2K League eSports if you’re into eSports betting

No matter which league or type of basketball you follow, we make it easy to find and place your bets. With our user-friendly online betting platform, you can quickly jump into the action and make your basketball viewing experience even more exciting. 

NBA MVP History - Table of Past NBA MVP Winners (1996-2025) 

Year MVP Team
2025 Shai Gilgeous-Alexander Oklahoma City Thunder
2024 Nikola Jokić Denver Nuggets
2023 Joel Embiid Philadelphia 76ers
2022 Nikola Jokić Denver Nuggets
2021 Nikola Jokić Denver Nuggets
2020 Giannis Antetokounmpo Milwaukee Bucks
2019 Giannis Antetokounmpo Milwaukee Bucks
2018 James Harden Houston Rockets
2017 Russell Westbrook Oklahoma City Thunder
2016 Stephen Curry Golden State Warriors
2015 Stephen Curry Golden State Warriors
2014 Kevin Durant Oklahoma City Thunder
2013 LeBron James Miami Heat
2012 LeBron James Miami Heat
2011 Derrick Rose Chicago Bulls
2010 LeBron James Cleveland Cavaliers
2009 LeBron James Cleveland Cavaliers
2008 Kobe Bryant Los Angeles Lakers
2007 Dirk Nowitzki Dallas Mavericks
2006 Steve Nash Phoenix Suns
2005 Steve Nash Phoenix Suns
2004 Kevin Garnett Minnesota Timberwolves
2003 Tim Duncan San Antonio Spurs
2002 Tim Duncan San Antonio Spurs
2001 Allen Iverson Philadelphia 76ers
2000 Shaquille O'Neal Los Angeles Lakers
1999 Karl Malone Utah Jazz
1998 Michael Jordan Chicago Bulls
1997 Karl Malone Utah Jazz
1996 Michael Jordan Chicago Bulls

Frequently Asked Questions

The NBA MVP is decided by a group of 100 sportswriters and broadcasters who vote at the end of the regular season. They look at all sorts of things like player stats, how well their team did, and the overall impact the player had on the game. Now, players also need to play at least 65 games to even be considered, so it’s all about staying consistent and making a big difference throughout the season.
NBA MVP odds can seem a little tricky at first, but they’re actually pretty simple. You’ll usually see them in American odds format, with a '+' symbol. For example, Nikola Jokic might be listed at +375, which means if you bet $100 on him and he wins, you’d make $375 in profit. The higher the number after the '+', the less likely the player is to win, but you’d get a bigger payout if they do.
Right now, Nikola Jokic, Shai Gilgeous-Alexander and Luka Doncic are favorites to win the MVP for the 2025-26 season. These three are always in the mix because of how consistently great they are. The MVP race is always competitive, but Jokic, SGA and Doncic seem to be leading the charge at the moment.
The MVP award usually gets announced during the playoffs, after the regular season is wrapped up. Even though the award is based only on what happens in the regular season, the excitement of the playoffs adds some extra buzz when the announcement comes out. It’s always a fun moment for fans and players alike.
Shai Gilgeous-Alexander from the Oklahoma City Thunder is the current MVP, having won the 2024–2025 award. He’s been on fire the last few seasons, and this was his first MVP after a breakout year. His all-around play and leadership have made him one of the best players in the game right now.
Kareem Abdul-Jabbar holds the record for the most MVP awards, with a total of six! That’s a crazy achievement and shows just how dominant he was during his playing days. It’s not easy to win even one MVP, let alone six, which is why Kareem’s record has stood for so long.
Shai Gilgeous-Alexander, who won MVP last season, is currently at +175 to win it again for 2025-26*.
The MVP votes come from a group of 100 sportswriters and broadcasters from both the U.S. and Canada. These are people who cover the league closely all season long, so they really know the ins and outs of the game. They consider things like individual stats, team success, and the overall influence a player had throughout the season.
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