NBA Rookie of the Year Odds 2024: Wembanyama Closes as Favorite Over Holmgren
Victor Wembanyama was the clear favorite by the 2023-24 NBA Rookie of the Year odds before the NBA odds were pulled for this award.
When the San Antonio Spurs drafted Victor Wembanyama No. 1 overall, most assumed he'd be a shoo-in to win NBA Rookie of the Year. It took some time to get there, but it appears the prophecy will be fulfilled, after all.
Our best sports betting sites pulled the odds on NBA Rookie of the Year after Wembanyama took an overwhelming lead in the race in March, well before the end of the NBA regular season. As such, he's a virtual lock to win the award after a truly spectacular debut season for the French phenom.
At the time the odds were pulled, he was dealing ahead of Oklahoma City Thunder big man Chet Holmgren, who was once the front-runner in this market after missing his true rookie season due to injury in 2022-23. He was still no match for "Wemby," who was also among the closing favorites in the NBA Defensive Player of the Year odds.
Here's a look at the closing 2024 NBA Rookie of the Year odds and favorites from our best NBA betting sites.
NBA Rookie of the Year Odds 2024
(Odds as of March 15, market was pulled before the end of the regular season)
| Name | DraftKings | FanDuel | BetMGM | Caesars | bet365 |
|---|---|---|---|---|---|
| Victor Wembanyama | -5000 | OFF | -10000 | OFF | -5000 |
| Chet Holmgren | +2000 | OFF | +2500 | OFF | +1500 |
| Brandon Miller | +50000 | OFF | +50000 | OFF | +50000 |
Favorites to win 2024 NBA Rookie of the Year
Victor Wembanyama (-5000 via bet365)
Wembanyama was already running away with this award in the days before the All-Star break, and he saw his odds shrink even further weeks before the end of the NBA regular season.
The Spurs superstar made history before the break with a triple-double through 10 blocks, and he elevated his game even further since then - averaging 23.5 points, 12.0 rebounds, 5.3 assists, 4.5 blocks, and 1.5 steals over his final 22 starts. Those numbers are simply unheard of from any player, let alone a rookie.
Wembanyama was so dominant in the second half of the season that his odds were as short as -10000 in mid-March, which implied a 99.01% probability he would win the award. Holmgren, who was once favored over the Frenchman across our best sports betting apps, had been Wemby's only serious competition.
Chet Holmgren (+2500 via BetMGM)
Putting up stats like Holmgren has usually led to a chance at bringing home NBA Rookie of the Year honors. However, the former No. 2 overall pick never stood a chance in this race once Wembanyama got fully up to speed - and especially after the latter bested the former in their meeting in late February.
The Thunder star was once the favorite in this market, and he'd probably be the winner in any other season. That speaks to just how special he's looked during his first healthy campaign in the NBA ... and how spectacular Wembanyama has been by comparison.
After averaging 16.5 points, 7.9 rebounds, 2.4 assists, and 2.3 blocks as a rookie, the Gonzaga product faces a bright NBA future. He just won't be winning NBA Rookie of the Year.
NBA Rookie of the Year odds over time
Our best sportsbooks drastically shortened Wembanyama as the betting favorite after the head-to-head showdown against Holmgren on Feb. 29. His longest odds were slashed from -1400 to -5000 before being taken down entirely.
The Spurs rookie was priced as long as +140 in mid-January, then moved to the -150 range in early February before his odds dramatically shortened entering the All-Star break. Prior to the odds being pulled, Wembanyama was as short as -10000. He's had one of the most impressive NBA rookie seasons in league history and closed out the season at an All-Star level.
NBA Rookie of the Year opening odds
Odds as of Oct. 24, 2023
| Player | Odds |
|---|---|
| Victor Wembanyama | -145 |
| Chet Holmgren | +350 |
| Scoot Henderson | +450 |
| Brandon Miller | +3000 |
| Amen Thompson | +4000 |
| Cam Whitmore | +5000 |
| Keyonte George | +6000 |
| Ausar Thompson | +8000 |
| Bilal Coulibaly | +8000 |
Past NBA Rookie of the Year winners
| Year | Name | Preseason odds |
|---|---|---|
| 2022-23 | Paolo Banchero | +200 |
| 2021-22 | Scottie Barnes | +1100 |
| 2020-21 | LeMelo Ball | +400 |
| 2019-20 | Ja Morant | +250 |
| 2018-19 | Luka Doncic | +250 |
| 2017-18 | Ben Simmons | +225 |
NBA Rookie of the Year FAQs
Who is the NBA Rookie of the Year favorite?
Victor Wembanyama closed as the clear betting favorite to win NBA Rookie of the Year with odds as short as -10000. Those odds represent an implied 99.01% win probability before they were taken down entirely in March.
Who won the NBA Rookie of the Year Award in 2022-23?
Orlando Magic forward Paolo Banchero (+200) was named the NBA's Rookie of the Year after averaging 20 points, 6.9 rebounds, and 3.7 assists per game.
When will the NBA Rookie of the Year be named?
There isn't an announcement date for the 2024 award yet, but Banchero was named last year's winner on April 25, 2023.
NBA betting odds pages
Here are our best NBA betting sites:
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- BetMGM Bonus Code: SBRBONUS | Read our BetMGM Review
- bet365 Bonus Code: SBRBONUS | Read our bet365 Review
- BetRivers Promo Code: SBRBONUS | Read our BetRivers Review
- FanDuel Promo Code | Read our FanDuel Review
- DraftKings Promo Code | Read our DraftKings Review
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* Bonuses not applicable in Ontario.
Related pages
- Best Sports Betting Sites | Best Sportsbook Promos (U.S. only)
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