NBA MVP Odds & Favorites: 2024-25 Regular Season

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There’s perhaps no award more built for debate than the NBA MVP.

The NBA is driven by superstars, many of whom carry their teams with their remarkable play. Similar to NFL quarterbacks, NBA stars are indispensable and can be the difference between a good team and a bad team.

While that often makes for incredible MVP races that tend to last for the entire season, it also makes for an interesting betting experience that requires bettors to pay attention to a plethora of factors both on and off the court.

That said, here’s a look at the NBA MVP odds for the 2024-25 season. You can wager on the NBA MVP award at all of our favorite NBA betting sites, all of which are running some kind of promotion for new users who are located in a state where sports betting is legal.

2024-2025 NBA MVP Odds

NBA MVP odds are from FanDuel Sportsbook and subject to change.

  • Nikola Jokic: +180
  • Shai Gilgeous-Alexander: +340
  • Jayson Tatum: +550
  • Giannis Antetokounmpo: +650
  • Luka Doncic: +1200
  • Anthony Davis: +1500
  • Anthony Edwards: +2000
  • Donovan Mitchell: +3000
  • Stephen Curry: +4000
  • Kevin Durant: +4000

2024-25 NBA MVP Favorites

Nikola Jokic (+180)

Already a three-time MVP, the Joker is the odds-on favorite to win his fourth MVP thanks to a strong start to the season.

While the Denver Nuggets aren’t playing as well as they have in years prior, Jokic is averaging a triple-double (30.1 points per game, 13.0 rebounds, 10.4 assists) for the first time in his career. Only two players in NBA history have averaged a triple-double for an entire season (Oscar Robertson and Russell Westbrook).

Shai Gilgeous-Alexander (+340)

Perhaps the most consistent player in the NBA, Gilgeous-Alexander is averaging 29.8 points per game, 5.5 rebounds and 6.5 assists: near-identical to the numbers he had last season when he finished as the MVP runner-up.

His all-around excellence has helped lead the Oklahoma City Thunder to the No. 1 seed in the Western Conference.

SGA can score at every level, but might have to reach another level to win MVP.

Jayson Tatum (+550)

Tatum’s built on the Boston Celtics’ championship last season by averaging 28.4 points per game, 8.6 rebounds and 5.6 assists, all of which are career-highs or near them.

Tatum’s turning into one of the NBA’s most well-rounded stars and plays for one of the league’s best teams, which is why his odds are so short.

Giannis Antetokounmpo (+650)

While the Milwaukee Bucks had a slow start to the season, Antetokounmpo has vaulted them back into the playoff picture thanks to his incredible production (32.7 PPG, 11.7 RPG and 6.7 APG).

Giannis leads the NBA in scoring and is shooting 61.7% from the field. If he can stay hot and the Bucks keep winning, Antetokounmpo should find himself in the midst of the MVP conversation.

Who is the Favorite to Win the 2024-25 MVP NBA?

ANikola Jokic is leader amongst the NBA MVP favorites, though he’s one of four different players who have odds under +1000. Jokic has won three MVPs already in his career and is a walking triple-double.

That said, Shai Gilgeous-Alexander, Jayson Tatum and Giannis Antetokounmpo also have strong MVP cases.

Gilgeous-Alexander is a smooth scorer who is one of the most consistent players in the NBA, Tatum is a three-level scorer who’s shooting like Stephen Curry, and Antetokounmpo is a wrecking ball who’s scoring at will. And that’s not even including stars like Curry, Kevin Durant or Luka Doncic.

Injuries and team performance can and will always impact MVP betting odds, but chances are that the four players listed above will be frontrunners for the award all year.

NBA MVP History

Here’s a look at every NBA MVP winner since 2010:

  • 2024: Nikola Jokic
  • 2023: Joel Embiid
  • 2022: Nikola Jokic
  • 2021: Nikola Jokic
  • 2020: Giannis Antetokounmpo
  • 2019: Giannis Antetokounmpo
  • 2018: James Harden
  • 2017: Russell Westbrook
  • 2016: Stephen Curry
  • 2015: Stephen Curry
  • 2014: Kevin Durant
  • 2013: LeBron James
  • 2012: LeBron James
  • 2011: Derrick Rose
  • 2010: LeBron James

How to Bet on NBA MVP

The race to crown an NBA MVP winner can be very subjective, which means there’s usually a lot of factors to keep track of when trying to figure out who you want to wager on.

Until voting criteria become crystal clear (which might never happen), there will always be questions about which player is the “most valuable” in the NBA in any given season. The best way to keep track of how a player is viewed in the MVP race is to look at expert opinions like ESPN’s MVP Power Rankings or NBA.com’s KIA MVP Ladder.

Where to Bet on the NBA MVP Winner

You can bet on the NBA MVP race at all of our favorite NBA betting sites. It’s important to shop around at those different sportsbooks before placing a wager since some sportsbooks will have better odds than others.

If you know that you’re going to wager on Antetokounmpo to win MVP, then you should check multiple sportsbooks before placing your wager so that way you know that you’re getting him at the best odds. He might be +800 to win the award at FanDuel but +850 at DraftKings, which can end up being a big difference depending on how much you wager.

NBA Futures Betting

Find season-long NBA futures on Forbes Betting. You’ll find the best NBA betting promos and NBA betting sites recommendations throughout the season.

New to NBA betting? Learn how to bet on basketball today.

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