Odds to win NBA MVP: If healthy, Joel Embiid has value
Joel Embiid leads the NBA in scoring, which makes him an interesting pick for NBA MVP. Photo by Ashley Landis/AP.

For the first time all season, we have a minus-odds favourite to win NBA MVP. And wouldn't you know it, it's the same guy who's won the past two seasons.

The latest: Nikola Jokic is gunning for a third consecutive MVP, which has only been achieved by three others in league history. The league's leading scorer, Joel Embiid, is creeping up the board but still holds value. Also, Shai Gilgeous-Alexander is someone to think about as a dark horse.

Check out the latest NBA MVP odds.

NBA MVP odds

Check out the latest odds to win NBA MVP. Click linked odds to add selection to your betslip.

TeamOdds (Jan. 23)Odds (Jan. 15)
Nikola Jokic-121+215
Luka Doncic+400+215
Jayson Tatum+700+400
Joel Embiid+800+1,200
Giannis Antetokounmpo+1,200+400
Ja Morant+3,000+3,000
Kevin Durant+4,000+1,600
Donovan Mitchell+6,000+4,000
Steph Curry+6,000+6,000
Zion Williamson+25,000+8,000
Devin Booker+25,000+25,000
Damian Lillard+25,000+25,000
Shai Gilgeous-Alexander+25,000+25,000

Odds as of 2:45 p.m. on 01/23/2023.

Best odds to win NBA MVP

The favourite: Nikola Jokic (-121)

Voter fatigue is difficult to quantify, but it may be the most concerning factor working against Jokic. Winning back-to-back-to-back MVPs, as the 27-year-old is trying to do, would land him in the esteemed (and exclusive) company of Bill Russell, Wilt Chamberlain and Larry Bird.

The lumbering centre leads the league in triple-doubles (14) as he did a year ago. Seven of those have come within the past month, including five in his past six games.

Jokic has lightened his offensive load this year, shooting less and facilitating more. He's also been more efficient from the field.

2020-21 (MVP)26.410.88.360.2%
2021-22 (MVP)
Stats via Basketball Reference

A player who averages almost 25/11/10 is obviously a prime MVP contender, regardless of how little precedent exists for back-to-back-to-back winners.

Other NBA MVP choices

Best value: Joel Embiid (+800)

While most players near the top of the odds leaderboard say their odds lengthen over the past week, Embiid moved closer to the top. He's the current scoring leader (33.6 points/game), and that's enough to keep us interested at 8-to-1 odds.

The 7-footer also averages 9.8 rebounds per game, which makes him a serious double-double threat whenever he's on the court.

Check out what Embiid's averages are since the start of December (20 games):

  • 35.3 points
  • 9.9 rebounds
  • 3.7 assists

After finishing runner-up to Jokic in the MVP race the past two seasons, perhaps this is the year Embiid ends up on top.

A primary hindrance for Embiid in most seasons is a lack of durability. After playing a career-high 68 games last year, the centre has already missed 12 of Philly's 46 games so far.

He'll need to stay healthy for most of the second half to stay in this conversation.

Player to watch: Shai Gilgeous-Alexander (+25,000)

When Hall of Famer Kevin Garnett talks (or tweets), it's worth our time to listen.

Garnett recently shouted our Gilgeous-Alexander for his outstanding play, which includes over 30 points per night on a middling Thunder team.

We aren't giving SGA a serious shot at MVP right now, and his odds reflect that. But he's arguably the most valuable player relative to his team. The Canadian guard averages 30.7 points per game, and next on OKC's list is Josh Giddey (16.0 points/game).

There is a world in which Gilgeous-Alexander stays above a 30-point scoring average and pushes the Thunder into the play-in tournament. That would likely be enough to get him some down-ballot votes, at least.

NorthStar Bets editorial Insiders have no influence, direct or otherwise, over the setting of odds advertised on our platforms.