2025 NBA MVP Odds & Favorites: SGA Closed as Favorite Over Jokic
The NBA MVP is expected to be announced any day now, and it looks like there will be a new member of the club with Oklahoma City Thunder guard Shai Gilgeous-Alexander closing as the overwhelming NBA MVP odds favorite at our best sportsbooks.
SGA is set to win his first NBA MVP Award, with the closing odds implying an over 97% probability he'll take home the honor over fellow MVP finalists, and past winners, Nikola Jokic and Giannis Antetokounmpo.
đ NBA MVP odds 2025
Here are the closing NBA MVP odds from our best sports betting sites for the NBA MVP finalists.
- Shai Gilgeous-Alexander, Thunder: -4000
- Nikola Jokic, Nuggets: +1200
- Giannis Antetokounmpo, Bucks: +10000
đĸ NBA MVP opening odds
- Nikola Jokic, Nuggets: +350
- Luka Doncic, Mavericks: +370
- Joel Embiid, 76ers: +550
- Shai Gilgeous-Alexander, Thunder: +600
- Giannis Antetokounmpo, Bucks: +650
- Anthony Edwards, Timberwolves: +1200
- Jayson Tatum, Celtics: +1600
- Jalen Brunson, Knicks: +1600
- Stephen Curry, Warriors: +5000
- Victor Wembanyama, Spurs: +5000
- Ja Morant, Grizzlies: +5000
- Kevin Durant, Suns: +6000
đ NBA MVP odds favorite 2025
đŠī¸ Shai Gilgeous-Alexander MVP odds (-4000)
Gilgeous-Alexander is the personification of consistency after he averaged more than 30 points, 5.5 assists, 4.8 rebounds, and 1.5 steals per game for the third straight season. After failing to bring home the league's most coveted individual award in previous campaigns, our best sports betting apps put him in the driver's seat this go-around.
He recorded historic regular-season numbers that include a career-high in points per game (32.7). As such, it seems unlikely the Canadian won't take home the MVP Award, which is why a $10 bet on the closing odds would return just a $0.25 profit.
Best odds: -4000 via bet365 | Implied probability: 97.56%
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đ Nikola Jokic MVP odds (+1200)
Jokic is a one-man show, and he did everything possible for a Nuggets team that's been enduring a disappointing season. He led his club in scoring (29.6), rebounds (12.7), assists (10.2), and steals (1.8) in the regular season, with Jokic undeniably enjoying the best statistical season of his career. It's nearly unfathomable to say that about a three-time MVP, but Jokic continues to turn heads, even in his 10th campaign.
The big man averaged a triple-double this season while becoming only the third player to accomplish that feat, joining Russell Westbrook (2016 to 2021) and Oscar Robertson (1961-62). Unfortunately, that doesn't guarantee Jokic the MVP. Westbrook (2017) was the lone MVP winner across the aforementioned five seasons.
Voter fatigue seems to be setting in with Jokic, and his closing odds at our best sportsbooks reflect that unfortunate reality. Nevertheless, if he wins the award for the fourth time in five years, a $10 wager on the closing odds returns a $120 profit.
Best odds: +1200 via FanDuel | Implied probability: 7.69%
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đ NBA MVP odds history & past award winners
| Year | Name | Team | Preseason odds |
|---|---|---|---|
| 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 |
đ How to read NBA MVP odds
Reading NBA MVP odds involves understanding the implied probability and potential payouts associated with each player's odds of winning the MVP award. NBA MVP odds are typically presented in American odds.
These use plus and minus symbols to indicate underdogs and favorites, respectively. For instance, if a player's odds are +500, a $100 bet would result in a $500 profit if the player wins, while odds of -200 would mean that a $200 bet is required to win $100 in profit.
When reading NBA MVP odds, lower odds indicate that a player has a higher probability of winning the award, while higher odds suggest that a player is considered less likely to win. Bettors should consider factors such as a player's performance, team success, and narrative appeal when evaluating MVP odds.
It's also important to compare odds across different sportsbooks to identify the best value bets. Additionally, bettors should keep in mind that MVP odds can fluctuate throughout the season based on player performance, injuries, and other factors, so staying informed and monitoring odds changes can be crucial for making informed betting decisions.
â NBA MVP FAQs
Who is the NBA MVP odds favorite?
Oklahoma City Thunder guard Shai Gilgeous-Alexander closed as the betting favorite to win NBA MVP honors with -4000 odds, which represent a 97.56% implied probability, according to our odds converter.
Who won the NBA MVP last year?
Nikola Jokic secured his third NBA MVP trophy in four seasons in 2024, ranking in the top 10 in points (26.4), rebounds (12.4), and assists (9.0) to run away with the award.
When will the NBA MVP be decided?
We can expect this year's award to be decided at a similar time as last season, which was during the NBA playoffs on May 8.
What is the NBA MVP trophy called?
The NBA MVP trophy was renamed as the Michael Jordan Trophy. It's awarded annually to the NBA's most valuable player.
đ° NBA betting odds pages
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