🏀 NBA MVP Odds & Favorites 2026: Shai Gilgeous-Alexander Pulls Away as Favorite

Shai Gilgeous-Alexander is a -4000 betting favorite in the NBA MVP odds, ahead of Nikola Jokic, who is +5000.
Oklahoma City Thunder guard Shai Gilgeous-Alexander (2) celebrates as we break down the NBA MVP odds 2026.
Pictured: Oklahoma City Thunder guard Shai Gilgeous-Alexander (2) celebrates as we break down the NBA MVP odds 2026. Photo by Alonzo Adams / Imagn Images.
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Oklahoma City Thunder guard Shai Gilgeous-Alexander is a -4000 betting favorite in the NBA MVP odds. 

Denver Nuggets center Nikola Jokic has the second-shortest odds at +5000, while San Antonio Spurs forward Victor Wembanyama is +6000 after being listed at +350 on March 31.


📊 Live NBA MVP odds 2026

Our NBA MVP odds 2026 update in real time based on the NBA odds.


🤑 NBA MVP betting insights

Betting insights via BetMGM, current as of April 7:

Player Team Current odds Ticket % 🎟️ Handle % 💰
Cade Cunningham Pistons Off the board (OTB) 20.9% 12.9%
Victor Wembanyama Spurs +2000 20.1% 19.3%
Luka Doncic Lakers OTB 13.8% 14.5%
Nikola Jokic Nuggets +6600 10.8% 14.5%
Jaylen Brown Celtics OTB 9.2% 3.6%
Shai Gilgeous-Alexander Thunder -5000 5% 24%

BetMGM is in a strong position, especially with Cade Cunningham and Luka Doncic already off the board, having accounted for 27.4% of the handle.

Wembanyama and Jokic combine for 33.8% of the handle, and it is very unlikely that either will pull ahead of Gilgeous-Alexander.

Corey Scott


🔢 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 is the favorite in the NBA MVP odds at -4000.

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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