2025 NBA MVP Odds & Favorites: SGA Becomes Second Canadian to Win Award

Thunder guard Shai Gilgeous-Alexander joins Steve Nash as the only other Canadian to win NBA MVP.
2025 NBA MVP Odds & Favorites
Pictured: Oklahoma City Thunder guard Shai Gilgeous-Alexander shoots the ball past Denver Nuggets center Nikola Jokic. Photo by Ron Chenoy via Imagn Images.

It's official. After leading the NBA MVP odds for much of the season at our best sportsbooks, Oklahoma City Thunder star Shai Gilgeous-Alexander is the second Canadian ever to win the award.

SGA received 71 first-place votes and 913 total points to beat out Denver Nuggets superstar, and three-time NBA MVP, Nikola Jokic (29 first-place votes, 787 points). It seems voter fatigue got the best of Jokic, who put together a career year but couldn't edge out Gilgeous-Alexander.

📊 NBA MVP odds 2025

Here are the closing NBA MVP odds from our best sports betting sites for the NBA MVP finalists.

  • Shai Gilgeous-Alexander, Thunder: -4000
  • Nikola Jokic, Nuggets: +1200
  • Giannis Antetokounmpo, Bucks: +10000

đŸ”ĸ NBA MVP opening odds

  • Nikola Jokic, Nuggets: +350
  • Luka Doncic, Mavericks: +370
  • Joel Embiid, 76ers: +550
  • Shai Gilgeous-Alexander, Thunder: +600
  • Giannis Antetokounmpo, Bucks: +650
  • Anthony Edwards, Timberwolves: +1200
  • Jayson Tatum, Celtics: +1600
  • Jalen Brunson, Knicks: +1600
  • Stephen Curry, Warriors: +5000
  • Victor Wembanyama, Spurs: +5000
  • Ja Morant, Grizzlies: +5000
  • Kevin Durant, Suns: +6000

🏀 NBA MVP odds winner 2025

đŸŒŠī¸ Shai Gilgeous-Alexander MVP odds (-4000)

Gilgeous-Alexander is the personification of consistency after averaging more than 30 points, 5.5 assists, 4.8 rebounds, and 1.5 steals per game for the third straight season. After failing to bring home the league's most coveted individual award in previous campaigns, our best sports betting apps put him in the driver's seat this go-around.

SGA led the MVP race for much of the season while helping the Thunder to a league-best 68-14 record behind a league-leading 32.7 points per game. As such, it seemed unlikely the Canadian wouldn't take home the MVP Award, which is why a $10 bet on the closing odds would return just a $0.25 profit.

🏆 NBA MVP odds history & past award winners

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?

Oklahoma City Thunder guard Shai Gilgeous-Alexander closed as the betting favorite to win NBA MVP honors with -4000 odds, which represent a 97.56% implied probability, according to our odds converter.

Who won the NBA MVP last year?

Nikola Jokic secured his third NBA MVP trophy in four seasons in 2024, ranking in the top 10 in points (26.4), rebounds (12.4), and assists (9.0) to run away with the award.

When will the NBA MVP be decided?

The NBA MVP was announced on May 21, with Gilgeous-Alexander winning it. SGA received 913 total points (71 first-place votes) while Jokic had 787 total points (29 first-place votes).

What is the NBA MVP trophy called?

The NBA MVP trophy was renamed as the Michael Jordan Trophy. It's awarded annually to the NBA's most valuable player.

💰 NBA betting odds pages

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