Odds to win NBA MVP: Reigning MVP Jokic favoured once again, Doncic second on board

Nikola Jokic is the favourite heading into the 2024-25 NBA season. Photo by David Zalubowski/AP.
Coty Wiles
@CotyWilesSports
August 8, 2024

Nikola Jokic is favoured to win his fourth MVP trophy in the last five years.

The latest: Dallas Mavericks superstar Luka Doncic and Canadian Shai Gilgeous-Alexander are right behind Jokic on the odds board. Former MVPs Giannis Antetokounmpo and Joel Embiid round out the top five.

Check out the latest NBA MVP odds.

NBA MVP odds

Go to full NBA futures betting markets.

Best odds to win NBA MVP

The favourite: Nikola Jokic (+300)

Jokic etched his name among the all-time greats when he won his third NBA MVP award last season.

He joined an exclusive list of only nine players to win the award three times. And the Denver Nuggets center heads into the new season favoured to win his fourth.

If he were to do so, Jokic would join an even tighter-knit group, featuring four players: Kareem Abdul-Jabbar (six), Michael Jordan (five), LeBron James (four) and Bill Russell (four).

Jokic averaged 26.4 points, 12.4 rebounds and 9.0 assists last season.

Top MVP contenders

His main competition for the honour is Doncic.

The Mavericks guard led the NBA in scoring last season (33.9 per game), resulting in first-place MVP votes (4) for the first time.

Another West guard who received 15 first-place votes (15) last season was Hamilton, Ontario, native Gilgeous-Alexander.

The OKC Thunder star is looking to become the second Canadian to win the award and first since Steve Nash did it in back-to-back seasons (2005, 2006).

NBA MVP notes

  • Looking to grow that number of three-time MVP's next season is Antetokounmpo. He currently holds the fourth-shortest odds to bring home the honour, after receiving one first-place vote last season.
  • The NBA changed its requirements last season to where you had to play 65 games to be eligible for MVP. Unfortunately for Embiid, he did not reach that number. He was on track to win the before an injury kept him sidelined after only 39 games.
  • It's crazy that we are talking about a second-year player in the running for MVP but here we are. Victor Wembanyama is a long shot with the seventh-shortest odds, but the 7-foot-4 phenom nearly won Defensive Player of the Year last season and the sky is the limit.
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