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NBA MVP odds: Shai Gilgeous-Alexander leads betting odds after latest update [10/28/2025]

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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 October 28, 2025.
We have sourced the best odds for the favorites in the 2024-25 NBA MVP market.

The latest odds for the 2025/26 NBA MVP have been released, and as of October 28, 2025, we've listed the top contenders and their best available odds.

At Dimers.com, we've thoroughly analyzed the odds across all major US sportsbooks to help you find the best value on the leading MVP candidates.

NBA MVP odds as of 10/28/2025

The current favorite to win the NBA MVP award for the 2025/26 season is Shai Gilgeous-Alexander of the Oklahoma City Thunder.

Gilgeous-Alexander's MVP odds are set at +170, available at FanDuel.

This puts the Thunder combo guard ahead of other star players like Victor Wembanyama and Nikola Jokic in the battle for MVP.

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 +170 available at FanDuel, implying a win probability of 37.0%.

 

Victor Wembanyama (Spurs)

Victor Wembanyama is the second favorite for MVP, with odds of +275 available at DraftKings, which translates to an implied probability of 26.7% for the Spurs star.

 

Nikola Jokic (Nuggets)

Rounding out the top three MVP contenders is Nikola Jokic of the Denver Nuggets. The center has odds of +350 at DraftKings, giving him an implied 22.2% chance of winning the award.

 

Player (Team) Best MVP Odds
Shai Gilgeous-Alexander (Thunder) +170 @ FanDuel
Victor Wembanyama (Spurs) +275 @ DraftKings
Nikola Jokic (Nuggets) +350 @ DraftKings
Luka Doncic (Lakers) +550 @ DraftKings
Giannis Antetokounmpo (Bucks) +950 @ FanDuel
Anthony Edwards (Timberwolves) +6000 @ FanDuel
Stephen Curry (Warriors) +10000 @ FanDuel
Jalen Brunson (Knicks) +12000 @ DraftKings
Kevin Durant (Rockets) +12000 @ FanDuel
Paolo Banchero (Magic) +15000 @ DraftKings

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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 October 28, 2025

Conclusion

At Dimers.com, we take our responsibility seriously when providing NBA MVP odds, understanding the implications of gambling and its potential impact on our users' financial well-being and quality of life.

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

We also provide valuable information on NBA best bets, NBA player props, NBA championship odds and the latest NBA trends to help guide your decisions.

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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.

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