NBA MVP Odds & Favorites 2025-26: Jokic Slightly Ahead of SGA

Nikola Jokic (+160) and Shai Gilgeous-Alexander (+175) lead the NBA MVP odds, with Luka Doncic (+350) the only other player close.
Denver Nuggets center Nikola Jokic (15) looks on as we break down the NBA MVP odds
Pictured: Denver Nuggets center Nikola Jokic (15) looks on as we break down the NBA MVP odds. Photo by Ron Chenoy via Imagn Images.
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The NBA MVP odds are led by Nikola Jokic (+160) and Shai Gilgeous-Alexander (+175), with the previous award winners neck-and-neck.

Trailing the two favorites are Luka Doncic (+350), Giannis Antetokounmpo (+3000), and Cade Cunningham (+8000).

📊 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?

Denver Nuggets star Nikola Jokic is the 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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