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2027 NBA MVP Odds Tracker & Betting Favorites
By Sascha Paruk
Updated:
- Get the latest odds for the 2027 NBA Most Valuable Player award
- Dončić leads the NBA MVP odds at +160, narrowly ahead of Wembanyama (+170)
- Track the movement over the course of the 2025-26 season for all the favorites in the NBA MVP odds
This page tracks the 2027 NBA MVP odds from opening night through the end of the 2026-27 NBA regular season. It follows every shift in the MVP race, from current favorites to rising stars.
The live tools below show the odds and latest line movements for the top NBA MVP favorites. Odds are live updated with the most current 2027 NBA Most Valuable Player odds from our most-trusted online sportsbook.
Current NBA MVP Odds
NBA MVP odds are updated every 15-60 minutes with odds coming from FanDuel, DraftKings, BetMGM, and other sportsbooks. Claim the DraftKings promo code before betting any NBA player futures.
NBA MVP Favorites: Odds & Analysis
Los Angeles Lakers superstar Luka Dončić sits atop the MVP race as the betting favorite at +160. Dončić opened the year at a more modest +650 but has seen his line shorten dramatically as the engine of the Lakers’ new-look offense. Oddsmakers clearly respect Dončić’s historic individual volume, factoring his league-leading scoring pace into an increasingly tight pricing model.
However, Dončić by no means has this market locked up. The board reflects a tremendously tight battle at the top, with San Antonio Spurs phenom Victor Wembanyama breathing right down his neck at +170. Wembanyama has been spectacular on both ends of the floor, forcing the books to aggressively slash his odds to mitigate liability. Beyond the top two, Shai Gilgeous-Alexander holds the third-best odds at +650, leading an Oklahoma City Thunder squad with high market expectations.
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NBA MVP Odds Movement Timeline
- November 8 – By the end of the season’s opening stretch, Dončić sees his MVP odds shorten drastically from a preseason line of +650 down to a market-leading +160. Wembanyama is just a hair behind at +170, while two-time MVP Gilgeous-Alexander is now a distant third at +650.
- August 19 – Victor Wembanyama (+200) is the preseason favorite, ahead of Shai Gilgeous-Alexander (+350), Nikola Jokic (+500), and Luka Doncic (+750).
NBA MVP Trends
- Since 1985, only four MVPs have come from a team that finished worse than second in its conference during the regular season
- The MVP award has been won by players who were 23 or younger on just four occasions
- Wilt Chamberlain (1960) and Wes Unseld (1969) are the only players to earn MVP honors as rookies
- Only three MVPs have ever averaged fewer than 17 points per game. They were Bill Russell (1961, 1963, 1965), Wes Unseld (1969), and Steve Nash (2005)
NBA MVP Trends by Position
- Centers won a whopping 22 of the first 28 NBA MVP awards
- The last 14 MVPs are split evenly between guard and front-court players
- Michael Jordan personally won five of the eight NBA MVP awards that have been given to shooting guards
Looking for the latest NBA odds? – Get current spreads, totals, and moneyline odds for tonight’s games here.
Past 10 NBA MVP Winners & Stats
Nikola Jokic’s MVP win in 2021 was historic for many reasons, becoming both the first Serbian winner of the award, and the lowest-drafted player ever selected for the honors.
NBA Teams with the Most MVP Winners
It should come as no surprise that the NBA franchise with the most championships also has the most league MVPs. Four different Celtics have been named the Association’s most valuable player including Bob Cousy (1957), Bill Russell (1958, 1961, 1962, 1963, 1965), Dave Cowens (1973), and Larry Bird (1984, 1985, 1986).
Need another fun fact to share at the bar? Cowens is the only MVP who also worked as a cab driver. Beat that Michael Jordan!
Players with Multiple NBA MVP Awards
NBA MVP Historical Trends
- Celtics legend Bill Russell was the first player to win back-to-back MVP awards in 1961 and 1962
- Russell was also the first player to win three consecutive MVP awards (1961-63). The only other players who accomplished the same feat are Wilt Chamberlain (1966-68) and Larry Bird (1984-86)
NBA MVP FAQs
Who is the favorite to win NBA MVP?
Victor Wembenyama entered the season as the slight betting favorite, ahead of two-time reigning MVP Shai Gilgeous-Alexander and Luka Doncic.
What do +200 MVP odds mean?
Odds of +200 indicate a 2-to-1 payout in American odds format, meaning a successful $100 wager returns $200 in profit (plus your original $100 stake, for a total payout of $300), representing an implied win probability of 33.33%.
Do players need 65 games to win MVP?
Yes. Under the NBA’s collective bargaining agreement, players must appear in at least 65 regular-season games (playing a minimum of 20 minutes in at least 62 of those games, with up to two games of 15–19 minutes counting toward the total) to be eligible for major postseason awards, including MVP.
Who won NBA MVP last season?
Shai Gilgeous-Alexander won the 2025–26 NBA MVP award with the Oklahoma City Thunder, capturing the honor in back-to-back seasons (2024–25 and 2025–26).
Archived NBA MVP Award Odds:
Sascha Paruk
Managing Editor
Sascha has been working in the sports-betting industry since 2014, and quickly paired his strong writing skills with a burgeoning knowledge of probability and statistics. He holds an undergraduate degree in linguistics and a Juris Doctor from the University of British Columbia.
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