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NBA MVP odds: Shai Gilgeous-Alexander leads the way after latest update [12/30/2025]
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 December 30, 2025, the Thunder combo guard is listed at -250, ahead of players such as Nikola Jokic and Luka Doncic.
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 12/30/2025
According to the latest update, Shai Gilgeous-Alexander is the outright favorite to win the NBA MVP award, with an implied 71.4% 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 -250 available at FanDuel, implying a win probability of 71.4%.
Nikola Jokic (Nuggets), Luka Doncic (Lakers)
Nikola Jokic and Luka Doncic share the second-best odds to win MVP, with each player listed at +450 on DraftKings. These odds reflect an implied probability of 18.2% for both of them.
| Player (Team) | Best MVP Odds |
|---|---|
| Shai Gilgeous-Alexander (Thunder) | -250 @ FanDuel |
| Nikola Jokic (Nuggets) | +450 @ DraftKings |
| Luka Doncic (Lakers) | +450 @ DraftKings |
| Cade Cunningham (Pistons) | +5000 @ FanDuel |
| Jalen Brunson (Knicks) | +7500 @ FanDuel |
| Victor Wembanyama (Spurs) | +8000 @ DraftKings |
| Tyrese Maxey (76ers) | +20000 @ FanDuel |
| Jaylen Brown (Celtics) | +20000 @ FanDuel |
| Anthony Edwards (Timberwolves) | +20000 @ FanDuel |
| Donovan Mitchell (Cavaliers) | +50000 @ FanDuel |
List of NBA MVP winners
In the past 10 seasons, MVP winners have included stars like Giannis Antetokounmpo, Steph Curry and James Harden.
- 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 December 30, 2025
Conclusion
As of December 30, 2025, Shai Gilgeous-Alexander is the outright favorite to win NBA MVP at -250, followed by Nikola Jokic at +450 and Luka Doncic at +450. These odds give the Thunder combo guard an implied 71.4% chance to win the award.
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All odds and implied probabilities mentioned in this article were verified and are accurate at the time of publication.
