NBA MVP Odds & Favorites 2025-26: Three-Horse Race Between SGA, Jokic, and Doncic
Shai Gilgeous-Alexander (+160) and Nikola Jokic (+180) continue to go back-and-forth atop the NBA MVP odds leaderboard.
Luka Doncic trails slightly behind at +300 as the only other player with odds shorter than +5000.
📊 Live NBA MVP odds 2025-26
Our 2025-26 NBA MVP odds update in real time based on the NBA odds.
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🔢 NBA MVP opening odds
Odds via DraftKings.
- Nikola Jokic, Nuggets: +200
- Shai Gilgeous-Alexander, Thunder: +250
- Giannis Antetokounmpo, Bucks: +700
- Luka Doncic, Lakers: +800
- Anthony Edwards, Timberwolves: +1000
- Victor Wembanyama, Spurs: +1800
- Cade Cunningham, Pistons: +3000
- Jalen Brunson, Knicks: +3500
- Joel Embiid, 76ers: +7000
- Kevin Durant, Rockets: +8000
- Donovan Mitchell, Cavaliers: +8000
- Jaylen Brown, Celtics: +10000
- Anthony Davis, Mavericks: +10000
- Paolo Banchero, Magic: +10000
- Ja Morant, Grizzlies: +12000
- LeBron James, Lakers: +15000
- Stephen Curry, Warriors: +15000
- Devin Booker, Suns: +18000
- Karl-Anthony Towns, Knicks: +25000
- Evan Mobley, Cavaliers: +25000
- Pascal Siakam, Pacers: +25000
- Jaren Jackson Jr., Grizzlies: +30000
- Trae Young, Hawks: +30000
- Kawhi Leonard, Clippers: +40000
- James Harden, Clippers: +40000
🏆 NBA MVP betting history
| Year | Name | Team | Preseason odds |
|---|---|---|---|
| 2024-25 | Shai Gilgeous-Alexander | Oklahoma City Thunder | +600 |
| 2023-24 | Nikola Jokic | Denver Nuggets | +450 |
| 2022-23 | Joel Embiid | Philadelphia 76ers | +600 |
| 2021-22 | Nikola Jokic | Denver Nuggets | +1600 |
| 2020-21 | Nikola Jokic | Denver Nuggets | +2500 |
| 2019-20 | Giannis Antetokounmpo | Milwaukee Bucks | +210 |
| 2018-19 | Giannis Antetokounmpo | Milwaukee Bucks | +475 |
| 2017-18 | James Harden | Houston Rockets | +1100 |
❓ NBA MVP FAQs
Who is the NBA MVP odds favorite?
Shai Gilgeous-Alexander is the NBA MVP odds favorite at +160 odds, which translate to an implied probability of 38.46%.
Who won the NBA MVP last year?
Shai Gilgeous-Alexander won MVP last year ahead of Denver Nuggets center Nikola Jokic.
When will the NBA MVP be decided?
The NBA MVP was announced in late May this past season, so expect it then for this upcoming season.
What is the NBA MVP trophy called?
The NBA MVP trophy was renamed the Michael Jordan Trophy. It's awarded annually to the NBA's Most Valuable Player.
See our breakdown of the 2025-26 NBA schedule and key dates.
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