Shai Gilgeous-Alexander cemented his status as one of the most dependable and consistent players in the game by winning the NBA MVP for the 2024/2025 season. He will compete for the award once more this season against the usual suspects.
NBA MVP Futures Odds
Player (Team) | Price | Winnings ($10) |
|---|---|---|
Shai Gilgeous-Alexander (Oklahoma City Thunder) | +175 | $27.50 |
Nikola Jokić (Denver Nuggets) | +250 | $35 |
Luka Dončić (Los Angeles Lakers) | +400 | $50 |
Giannis Antetokounmpo (Milwaukee Bucks) | +1000 | $110 |
Victor Wemanyama (San Antonio Spurs) | +1200 | $130 |
All odds are courtesy of bet365, correct at the time of publishing and subject to change.
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NBA MVP Favorite Odds
Shai Gilgeous-Alexander – G – Oklahoma City Thunder (+175 to +275)
SGA, the 2025 and Finals MVP, opens the new season at +275 to +280. He is in a strong position to lead the Oklahoma City Thunder's championship hopes once more. He led the league last season with a run that we’ve only seen a handful of players in NBA history pull off. Gilgeous-Alexander won the scoring title, regular-season MVP, Finals MVP, and NBA championship.
Nikola Jokić – C – Denver Nuggets (+250)
One of the favorites at BetMGM, with odds starting at +250. Jokic is a three-time MVP competing for a record fourth title. As the league's most versatile big man, he leads Denver's offense with his playmaking and scoring and averages triple-doubles. The Joker, as he is called, is an amazing player who puts up video game numbers on a nightly basis.
Luka Dončić – G – Los Angeles Lakers (+400)
Due to his recent cover appearance in Men's Health and his newfound emphasis on leadership and fitness, Luka is attracting significant betting interest and has MVP odds at about +650. His transfer to Los Angeles and the increasing public interest in him give the story more substance. Dončić may take the Lakers into major contention if they become a dominant team and he plays at a superstar level.
Giannis Antetokounmpo – F – Milwaukee Bucks (+1000)
This Greek superstar could have a simpler route to MVP now that the Eastern Conference is a little weaker due to injuries to players like Tyrese Haliburton and Jayson Tatum. His two-way domination may put him in a good position to be discussed on the ballot if the Bucks regain control of the East. At +900, he presents good value for a two-time MVP.
Victor Wembanyama – C – San Antonio Spurs (+1200)
This Frenchman has a unique mix of size, length, and shot-blocking abilities that no other player in the league can match. If the Spurs, as expected, make the playoffs, voters won't be able to ignore Wembanyama’s sensational two-way impact. His odds are set at +1600.
Betting on NBA Futures in 2026
NBA futures are bets you place on events that will be decided later in the season, rather than on a single game. They’re popular because they let you back your predictions well before the final result — and potentially lock in value before odds shift.
Most online sportsbooks offer a wide range of NBA futures markets. That includes not just the MVP award, but also the NBA championship winner, Rookie of the Year, Defensive Player of the Year, and more.
How to Place an NBA Futures Bet
- Head to your sportsbook of choice — Ensure it’s licensed for your state.
- Navigate to the NBA tab — Usually found at the top menu or in the sports list.
- Select the “Futures” section — This is where all season-long markets are listed.
- Choose your market — MVP odds, Championship odds, Rookie of the Year, etc.
- Enter your stake and confirm — Double-check your bet slip before placing it.
NBA Future Market | Favorite | Odds |
NBA Championship Winner | Denver Nuggets | +450 |
Rookie of the Year (ROY) | Cooper Flagg (Portland) | +200 |
Defensive Player of the Year (DPOY) | Victor Wembanyama (San Antonio Spurs) | +175 |
Sixth Man of the Year | Malik Monk (Sacramento Kings) | +550 |
Most Improved Player (MIP) | Jalen Williams (OKC Thunder) | +700 |
Coach of the Year (COTY) | Mark Daigneault (OKC Thunder) | +350 |
Understanding NBA MVP Odds
The NBA Most Valuable Player is a prestigious award usually given to a player who is believed to have had the best individual season. As with any team sport, team success also factors a lot into it, and usually players on top seeds win the award. Such was the case last season when Shai Gilgeous-Alexander took home the prestigious award after leading the Oklahoma City Thunder to a 68-win season.
The MVP award is voted on by accredited media members in both the US and Canada, and can sometimes be controversial, as many people have different criteria that they value more than others. For some, it’s gaudy stats, while for others, team performance matters a little bit more.
Sportsbooks NBA MVP Odds
NBA MVP odds are constantly being updated throughout the regular season as many sportsbooks consider various factors. For example, a player who is on a hot streak may see his odds to win shortened, while one who is injured or not playing well will have his odds increased.
Additionally, oddsmakers consider betting activity. If a player has more bets placed on him, the sportsbooks may shorten his odds to reduce the potential payout. Because of this constant change, MVP betting markets are still adaptable from the preseason to the final weeks.
Past NBA Most Valuable Players
Here is a list of the last 10 winners of the NBA Most Valuable Player award:
- 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)