🏀 NBA MVP Odds & Favorites 2026: SGA, Wemby & Jokic Announced as Finalists
After Shai Gilgeous-Alexander closed as a -10000 betting favorite in the NBA MVP odds, the finalists have been announced: Gilgeous-Alexander, Victor Wembanyama, and Nikola Jokic.
Wembanyama closed with the second-shortest odds at +2500 - still well behind Gilgeous-Alexander - while Jokic was next at +5000.
📊 NBA MVP closing odds 2026
Our 2026 NBA MVP odds are based on the closing NBA odds from BetMGM.
| Player | Team | Odds |
|---|---|---|
| Shai Gilgeous-Alexander | Thunder | -10000 |
| Victor Wembanyama | Spurs | +2500 |
| Nikola Jokic | Nuggets | +5000 |
🤑 NBA MVP betting insights
Betting insights via BetMGM.
| Player | Team | Closing odds | Ticket % 🎟️ | Handle % 💰 |
|---|---|---|---|---|
| Victor Wembanyama | Spurs | +2500 | 20.7 | 19.2% |
| Cade Cunningham | Pistons | Off the board (OTB) | 20.4% | 14.5% |
| Luka Doncic | Lakers | OTB | 13.3% | 14% |
| Nikola Jokic | Nuggets | +5000 | 12.3% | 15% |
| Jaylen Brown | Celtics | OTB | 9% | 3.5% |
| Shai Gilgeous-Alexander | Thunder | -10000 | 4.9% | 23.1% |
BetMGM is in a strong position, especially since Cade Cunningham and Luka Doncic - who accounted for 28.5% of the handle - weren't finalists.
Wembanyama and Jokic combine for 34.2% of the handle, and it is very unlikely that either will win over Gilgeous-Alexander.
🔢 NBA MVP opening odds
Odds via DraftKings.
- Nikola Jokic, Nuggets: +200
- Shai Gilgeous-Alexander, Thunder: +250
- Giannis Antetokounmpo, Bucks: +700
- Luka Doncic, Lakers: +800
- Anthony Edwards, Timberwolves: +1000
- Victor Wembanyama, Spurs: +1800
- Cade Cunningham, Pistons: +3000
- Jalen Brunson, Knicks: +3500
- Joel Embiid, 76ers: +7000
- Kevin Durant, Rockets: +8000
- Donovan Mitchell, Cavaliers: +8000
- Jaylen Brown, Celtics: +10000
- Anthony Davis, Mavericks: +10000
- Paolo Banchero, Magic: +10000
- Ja Morant, Grizzlies: +12000
- LeBron James, Lakers: +15000
- Stephen Curry, Warriors: +15000
- Devin Booker, Suns: +18000
- Karl-Anthony Towns, Knicks: +25000
- Evan Mobley, Cavaliers: +25000
- Pascal Siakam, Pacers: +25000
- Jaren Jackson Jr., Grizzlies: +30000
- Trae Young, Hawks: +30000
- Kawhi Leonard, Clippers: +40000
- James Harden, Clippers: +40000
🏆 NBA MVP betting history
| Year | Name | Team | Preseason odds |
|---|---|---|---|
| 2024-25 | Shai Gilgeous-Alexander | Oklahoma City Thunder | +600 |
| 2023-24 | Nikola Jokic | Denver Nuggets | +450 |
| 2022-23 | Joel Embiid | Philadelphia 76ers | +600 |
| 2021-22 | Nikola Jokic | Denver Nuggets | +1600 |
| 2020-21 | Nikola Jokic | Denver Nuggets | +2500 |
| 2019-20 | Giannis Antetokounmpo | Milwaukee Bucks | +210 |
| 2018-19 | Giannis Antetokounmpo | Milwaukee Bucks | +475 |
| 2017-18 | James Harden | Houston Rockets | +1100 |
❓ NBA MVP FAQs
Who is the NBA MVP odds favorite?
Shai Gilgeous-Alexander closed as the betting favorite in the NBA MVP odds at -10000.
Who won the NBA MVP last year?
Shai Gilgeous-Alexander won MVP last year ahead of Denver Nuggets center Nikola Jokic.
When will the NBA MVP be decided?
The NBA MVP was announced in late May this past season, so expect it then for this upcoming season.
What is the NBA MVP trophy called?
The NBA MVP trophy was renamed the Michael Jordan Trophy. It's awarded annually to the NBA's Most Valuable Player.
See our breakdown of the 2025-26 NBA schedule and key dates.
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