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Victor Wembanyama of the San Antonio Spurs reacts during the first quarter against the Portland Trail Blazers, and we look at the latest NBA Rookie of the Year odds entering the NBA All-Star break.
Victor Wembanyama of the San Antonio Spurs reacts during the first quarter against the Portland Trail Blazers. Photo by Steph Chambers/Getty Images via AFP.

Victor Wembanyama is running away with the 2023-24 NBA Rookie of the Year award following the All-Star break, according to the latest NBA odds from our top NBA betting sites.

When Victor Wembanyama was drafted No. 1 overall by the San Antonio Spurs, 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 have Wembanyama priced as the prohibitive favorite to win the league's top rookie honor following the NBA All-Star break. He's 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 with an injury in 2022-23.

Those two jockeyed for months before Wembanyama took hold of this race earlier this month. And it doesn't look like anybody will be able to catch him.

Here's our look at the 2024 NBA Rookie of the Year odds and our top NBA picks among the favorites and contenders.

NBA Rookie of the Year Odds 2024

(Odds updated Feb. 19)

Victor Wembanyama-600 -600 -650-800 ❄️-650
Chet Holmgren+450 +500 +500+475+450
Brandon Miller+25000+15000+15000 +25000 +20000
Jaime Jacquez Jr.+50000 +50000+50000 +50000+50000
Scoot Henderson+50000 OFF+50000+50000 +50000
Brandin PodziemskiOFF+50000OFFOFFOFF

NBA Rookie of the Year favorite 2024

Victor Wembanyama (-600 via FanDuel)

A few weeks ago, Wembanyama was dealing at plus-money to win this award, and he was priced around -250 as recently as last week. Now he's trading at -600 or worse across our best sports betting apps with odds as short as -850.

That's what happens when you have a week like the one Wembanyama put together ahead of the NBA All-Star break. The Spurs rookie set multiple records this month - with many of them coming Monday when he scored 27 points with 14 rebounds, five assists, and 10 blocks against the Toronto Raptors:

Wembanyama is already the first rookie in NBA history with separate triple-doubles involving assists and blocks, and he's the first rookie since Pau Gasol (2001-02) with at least 150 blocks and 150 assists in a single season. The list goes on.

Now that we've seen Wembanyama reach this level of play, it's hard to see the French phenom falling off over the final two months of the season. There's a reason oddsmakers have priced this as a foregone conclusion, and they're probably right.

NBA Rookie of the Year odds 2024: Contender

Chet Holmgren (+500 via BetMGM)

Holngren has had a truly fantastic season for the Thunder, and in any other season, he'd have a real shot to win this award.

The former Gonzaga star has made his impact felt across the board, but he's been especially dominant on the defensive end, ranking fourth in blocks per game (2.6) and third in block rate (8.2%). The only problem? Wembanyama ranks higher on both fronts, as he does in virtually every other box-score metric.

At this point, it would likely take an injury to the Spurs rookie for Holmgren to have a shot, and even that might not be enough. If OKC claims the No. 1 seed in the West, this could be a live ticket, but I wouldn't count on that fully changing this race, either.

NBA Rookie of the Year odds movement

Our best sportsbooks continue to shorten Wembanyama as the betting favorite, which can only be seen as a growing trend as long as he stays on the court. Wembanyama was priced as long as +140 in mid-January, then moved to the -150 range in early February before his odds were slashed entering the All-Star break.

Recent NBA Rookie of the Year winners

YearNamePreseason odds
2022-23Paolo Banchero+200
2021-22Scottie Barnes+1100
2020-21LeMelo Ball+400
2019-20Ja Morant+250
2018-19Luka Doncic+250
2017-18Ben Simmons+225

NBA Rookie of the Year FAQs

Who is the NBA Rookie of the Year favorite?

Victor Wembanyama is the clear betting favorite (-600) to win NBA Rookie of the Year in 2023-24, with Chet Holmgren (+500) dealing as the second option.

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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* Bonuses not applicable in Ontario.

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