NBA MVP Odds

Table Of Contents:

Futures are a big part of NBA betting. One market in particular is NBA MVP betting.

Our article will give you a complete overview of the NBA MVP award for the upcoming season. This will include a breakdown of the current NBA MVP odds by listing the NBA MVP favorites and other NBA MVP candidates 2023-2024. We will also include our 2023-2024 NBA MVP predictions for the upcoming season.

Current NBA MVP 2023-2024 Odds

Using the table below, we have listed the current NBA MVP odds. All of these NBA MVP odds are taken from DraftKings Sportsbook:  

CandidateOdds
Nikola Jokic+450
Luka Doncic+500
Giannis Antetokounmpo+550
Joel Embiid+650
Jayson Tatum +800

Betting on NBA MVP futures

It is important to note that DraftKings is not the only sportsbook that offers the odds to win NBA MVP. Many other sportsbooks offer their own NBA MVP betting odds. Below we will list some of these other sportsbooks that you can use for NBA MVP betting. 

On top of these different sportsbooks offering their own NBA MVP odds, they also all offer their own unique welcome bonuses, which are also listed in the table below:

DraftKings
Draftkings logo
👑Bet $5, Get $200 in Bonus Bets & a No Sweat SGP Every Day this Season👑
FanDuel
FanDuel Logo
🏀Bet $5, Get $200 in Bonus Bets🏀
Caesars
Caesars Logo
🔥First Bet Insurance up to $1,000 🔥
using promo code PICKSWISE1000
BetMGM
BetMGM Logo
🦁Bet $10, Get $200 in Bonus Bets🦁
Bet365
Bet365 Logo
🎁Bet $5 and Get $150 in Bonus Bets OR $1,000 Back If Your First Bet Loses🎁

NBA MVP candidates for 2023-2024: Who are the favorites?

The list below will highlight five of the NBA MVP candidates 2023-2024. This will focus on the NBA MVP favorites. Here we will provide the current NBA MVP odds for each of the NBA MVP favorites and compare these NBA MVP candidates 2023-2024 to other players on the betting board. 

Nikola Jokic NBA MVP Odds

The outright favorite for this award is Nikola Jokic from the Denver Nuggets. His odds to win NBA MVP are +450 at DraftKings Sportsbook. Jokic came in second in voting a season ago and that was with him nearly averaging a triple-double. Jokic averaged 24.5 points per game, 11.8 rebounds per game, and 9.8 assists per game. He then went on to win the Finals with Denver and win NBA Finals MVP. He looks likely to improve even further on his numbers from last year, therefore backing his NBA MVP odds 2023-2024 could be worth a bet. 

Luka Doncic NBA MVP Odds

The NBA MVP odds 2023-2024 for Luka Donic are +500 at DraftKings Sportsbook. His NBA MVP odds are second on the betting board. Doncic finished last season averaging 32.4 points per game, 8.6 rebounds per game, and 8.0 assists per game. The main issue here is the Dallas Mavericks are an average team at best. For Doncic to win this award, the Mavericks are likely going to need to be much improved from last season. At the very least, the Mavericks will need to be a playoff team. Even that might not be enough, therefore avoiding Doncic could be the best option.

Giannis Antetokounmpo NBA MVP Odds

The NBA MVP odds 2023-2024 for Giannis Antetokounmpo are +550 at DraftKings Sportsbook. These odds are third on the betting board. Antetokounmpo averaged 31.1 points per game last season, 11.8 rebounds per game, and 5.7 assists per game. One of the factors that may actually hinder his chances to win MVP this season is the Bucks’ trade for Damian Lillard. Having Lilliard on the team is certainly going to help the Bucks as a team this season, but is likely to take stats from Antetokounmpo. Most notably, his points per game average is likely to drop, but his assists per game could increase. Overall, Antetokounmpo’s NBA MVP odds 2023-2024 look too short to consider given that the Bucks have brought in an All-Star in Lilliard.

Joel Embiid NBA MVP Odds

Joel Embiid is another one of the top candidates to win the MVP award this season. His NBA MVP odds 2023-2024 are +650 at DraftKings Sportsbook. These odds are fourth on the betting board. Embiid is coming off a season where he won the NBA MVP award. Last season, Embiid averaged 33.1 points per game, 10.2 points per game, and 4.2 assists per game. Another huge season should be expected from Embiid, so there is certainly a chance he could win this award in back-to-back seasons. That being said, there do look to be better options this season, so avoiding Embiid to win the MVP award may be the way to go. 

Jayson Tatum NBA MVP Odds

Rounding out the top five for the NBA MVP award is Jayson Tatum from the Boston Celtics. His NBA MVP odds are +800 at DraftKings Sportsbook. Tatum averaged 30.1 points per game, 8.8 rebounds per game and 4.6 assists per game last season. The main issue with backing Tatum to win the MVP award this season is that the Celtics have a ton of depth. They have Jaylen Brown, Kristaps Porzingis and now Jrue Holiday, all of whom can take crucial stats from Tatum on a nightly basis. Because of the depth the Celtics have this season, avoiding Tatum looks to be the smart option.

NBA MVP Predictions: Who Will Win in 2023-2024?

Our 2023-2024 NBA MVP predictions will focus on Nikola Jokic. His NBA MVP odds are +450 at DraftKings Sportsbook. Jokic is the outright favorite for this award and plays for the Denver Nuggets, who just won the NBA Finals. Jokic averaged nearly a triple-double a season ago and only looks ready to improve on these numbers. Jokic is easily the best player on the Nuggets, and while he is the favorite to win this award, Jokic simply looks to be the best option given how good he was last season. 

NBA MVP Prediction: Nikola Jokic (+450 at DraftKings Sportsbook)

NBA MVP 2023-2024: Longshot candidates to watch

One of our longshot NBA MVP predictions this season is Shai Gilgeous-Alexander from the Oklahoma City Thunder. His NBA MVP odds 2023-2024 are +1600 at DraftKings Sportsbook. These NBA MVP odds are eighth on the betting board.

Gilgeous-Alexander is coming off the best season of his young career. He averaged 31.4 points per game last season, which was fourth-best in the league. The Thunder have plenty of upside this season, especially with all of the young talent on their roster. With that, Gilgeous-Alexander’s assists numbers should improve. As long as he can score as much as he did a season ago, backing him to win MVP could be worth a small bet. 

Long-Shot Prediction: Shai Gilgeous-Alexander (+1600 at DraftKings Sportsbook)

Another long-shot candidate to consider is Jimmy Butler from the Miami Heat. His NBA MVP odds 2023-2024 are +6000 at DraftKings Sportsbook. Butler averaged 22.9 points per game, 5.9 rebounds, and 5.3 assists last season. However, he was one of the biggest reasons why the Heat were able to advance to the NBA Finals. With that being said, we should expect Butler to take his game to another level in the upcoming regular season, therefore Butler could be considered a very small bet to win the NBA MVP award this season.  

Long-Shot Prediction: Jimmy Butler (+6000 at DraftKings Sportsbook)  

How we make our NBA MVP 2023-2024 predictions

One of the main factors that influence our 2023-2024 NBA MVP predictions include the previous season for the different candidates. We look at their statistics and then their odds to win NBA MVP to determine if there is sufficient value on the player in question.  

How the NBA MVP is decided

The NBA MVP award is determined by a panel of broadcasters and sports writers who are located in Canada and the USA. Each panel member is eligible to make five votes. The voting used is the 10-7-5-3-1 system. With this, first-place votes are 10 points, second-place votes are 7 points, third-place votes are 5 points, fourth-place votes are 3 points and fifth-place votes are 1 point. The player who receives the most points will be named the winner of the award.

Trends & Statistics for the NBA MVP

Some of the trends and statistics to consider when betting NBA MVP futures include the following:

  • Points per game
  • Rebounds per game
  • Assists per game
  • Steals per game
  • Blocks per game
  • Field Goal percentage
  • Three-point percentage

Also, consider focusing on players who play for teams that are likely to make the playoffs. The NBA MVP rarely comes from a team near the bottom of the league, therefore the best options come from the top teams in the league. 

Teams with most NBA MVP winners

TeamNo. of Winners
Boston Celtics10
Los Angeles Lakers8
Philadelphia 76ers7
Chicago Bulls6
Milwaukee Bucks5
Houston Rockets4
San Antonio Spurs, Phoenix Suns, Golden State Warriors3
Atlanta Hawks, Utah Jazz, Cleveland Cavaliers, Miami Heat, Oklahoma City Thunder, Denver Nuggets2
Sacramento Kings, Washington Wizards, New York Knicks, Los Angeles Clippers, Portland Trail Blazers, Minnesota Timberwolves, Dallas Mavericks1

Teams with no NBA MVP winner

The following teams have never had a player win an NBA MVP futures award:

  • Brooklyn Nets
  • Charlotte Hornets
  • Detroit Pistons
  • Indiana Pacers
  • Memphis Grizzlies
  • New Orleans Pelicans
  • Orlando Magic
  • Toronto Raptors 

Past 10 winners of NBA MVP

YearWinnerTeamPositionOdds
2022-2023Joel EmbiidPhiladelphia 76ers (54-28)Center+700
2021-2022Nikola JokicDenver Nuggets (48-34)Center+375
2020-2021Nikola JokicDenver Nuggets (47-25)Center+3000
2019-2020Giannis AntetokounmpoMilwaukee Bucks (56-17)Power Forward+300
2018-2019Giannis AntetokounmpoMilwaukee Bucks (60-22)Power Forward+450
2017-2018James HardenHouston Rockets (65-17)Shooting Guard+800
2016-2017Russell WestbrookOklahoma City Thunder (47-35)Point Guard+200
2015-2016Stephen CurryGolden State Warriors (73-9)Point Guard+600
2014-2015Stephen CurryGolden State Warriors (67-15)Point Guard+2800
2013-2014Kevin DurantOklahoma City Thunder (59-23)Small Forward+300

Given the table above, the player who wins NBA MVP is generally one of the favorites before the season starts. In eight of the last 10 years, players who started the season with odds of +1000 and shorter won this award. Therefore, using our NBA MVP predictions on one of the favorites could be the best option.

Who has won the NBA MVP most often?

In the many years of NBA MVP betting, Kareem Abdul-Jabbar has won the most NBA MVP futures with six. The years he won this award include the following: 1971, 1972, 1974, 1976, 1977, and 1980.