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NBA MVP odds: Shai Gilgeous-Alexander leads sportsbook odds after latest update [1/22/2026]

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Written by Ryan Leaver

Get the latest NBA MVP odds sourced from each major sportsbook.

The latest MVP odds as of January 22, 2026.
We have sourced the best odds for the favorites in the 2024-25 NBA MVP market.

Shai Gilgeous-Alexander headlines the latest NBA MVP odds for the 2025/26 season. As of January 22, 2026, the Thunder combo guard is listed at -400, ahead of players such as Luka Doncic and Cade Cunningham.

Dimers’ analysis of the MVP market compares odds across major US sportsbooks, helping bettors identify where the best value lies among this season’s top contenders.

NBA MVP odds as of 1/22/2026

According to the latest update, Shai Gilgeous-Alexander is the outright favorite to win the NBA MVP award, with an implied 80.0% chance of taking home the league’s top individual honor.

He currently sits ahead of several taking home the league’s top individual honor.

Favorites to win NBA MVP

See which stars join Gilgeous-Alexander in the top 10 — along with their best available odds.

Shai Gilgeous-Alexander (Thunder)

Shai Gilgeous-Alexander is the current frontrunner for the NBA MVP award, according to the sportsbooks, with the best odds of -400 available at DraftKings, implying a win probability of 80.0%.

 

Luka Doncic (Lakers)

Luka Doncic is the second favorite for MVP, with odds of +600 available at DraftKings, which translates to an implied probability of 14.3% for the Lakers star.

 

Cade Cunningham (Pistons)

Rounding out the top three MVP contenders is Cade Cunningham of the Detroit Pistons. The combo guard has odds of +1200 at FanDuel, giving him an implied 7.7% chance of winning the award.

 

Player (Team) Best MVP Odds
Shai Gilgeous-Alexander (Thunder) -400 @ DraftKings
Luka Doncic (Lakers) +600 @ DraftKings
Cade Cunningham (Pistons) +1200 @ FanDuel
Jaylen Brown (Celtics) +2000 @ FanDuel
Anthony Edwards (Timberwolves) +5000 @ FanDuel
Jalen Brunson (Knicks) +6000 @ DraftKings
Tyrese Maxey (76ers) +7500 @ FanDuel
Donovan Mitchell (Cavaliers) +20000 @ FanDuel
Stephen Curry (Warriors) +20000 @ DraftKings
Kevin Durant (Rockets) +50000 @ DraftKings

List of NBA MVP winners

In the past 10 seasons, MVP winners have included stars like Joel Embiid, Nikola Jokic and Shai Gilgeous-Alexander.

  • 2025: Shai Gilgeous-Alexander (Thunder)
  • 2024: Nikola Jokic (Nuggets)
  • 2023: Joel Embiid (76ers)
  • 2022: Nikola Jokic (Nuggets)
  • 2021: Nikola Jokic (Nuggets)
  • 2020: Giannis Antetokounmpo (Bucks)
  • 2019: Giannis Antetokounmpo (Bucks)
  • 2018: James Harden (Rockets)
  • 2017: Russell Westbrook (Thunder)
  • 2016: Stephen Curry (Warriors)

More NBA player awards odds as of January 22, 2026

Conclusion

As of January 22, 2026, Shai Gilgeous-Alexander is the outright favorite to win NBA MVP at -400, followed by Luka Doncic at +600 and Cade Cunningham at +1200. These odds give the Thunder combo guard an implied 80.0% chance to win the award.

We strongly encourage users to exercise caution and conduct their own research before acting on any betting advice. Ultimately, it's important to make informed decisions that align with your personal values and goals. If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER.

All odds and implied probabilities mentioned in this article were verified and are accurate at the time of publication.

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Written by
Ryan Leaver
Senior Sports and Betting Editor

Ryan Leaver uses advanced statistical models and simulations to predict outcomes and provide predictions for the NBA, NFL, college football, college basketball, and soccer. He offers detailed game previews, best bets, props, and futures articles.

Advertiser disclosure

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