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NBA MVP odds: Shai Gilgeous-Alexander leads betting odds after latest update [11/4/2025]
Updated: | First published:
Written by Ryan Leaver, Senior Sports and Betting Editor
Get the latest NBA MVP odds sourced from each major sportsbook.
Shai Gilgeous-Alexander headlines the latest NBA MVP odds for the 2025/26 season. As of November 4, 2025, the three players are listed at +180, ahead of players such as Victor Wembanyama and NikolaJokic.
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 11/4/2025
According to the latest update, Shai Gilgeous-Alexander is the outright favorite to win the NBA MVP award, with an implied 35.7% 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 +180 available at FanDuel, implying a win probability of 35.7%.
Victor Wembanyama (Spurs)
Victor Wembanyama is the second favorite for MVP, with odds of +300 available at DraftKings, which translates to an implied probability of 25.0% 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 +400 at DraftKings, giving him an implied 20.0% chance of winning the award.
| Player (Team) | Best MVP Odds |
|---|---|
| Shai Gilgeous-Alexander (Thunder) | +180 @ FanDuel |
| Victor Wembanyama (Spurs) | +300 @ DraftKings |
| Nikola Jokic (Nuggets) | +400 @ DraftKings |
| Luka Doncic (Lakers) | +430 @ FanDuel |
| Giannis Antetokounmpo (Bucks) | +600 @ FanDuel |
| Tyrese Maxey (76ers) | +7000 @ DraftKings |
| Anthony Edwards (Timberwolves) | +8000 @ DraftKings |
| Cade Cunningham (Pistons) | +12000 @ DraftKings |
| Kevin Durant (Rockets) | +12000 @ DraftKings |
| Alperen Sengun (Rockets) | +15000 @ 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 November 4, 2025
Conclusion
As of November 4, 2025, Shai Gilgeous-Alexander is the outright favorite to win NBA MVP at +180, followed by Victor Wembanyama at +300 and Nikola Jokic at +400. These odds give the Thunder combo guard an implied 35.7% 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.
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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