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NBA Finals MVP Odds: LeBron’s Time To Shine?

NBA Finals MVP Award Betting Odds September 28, 2020 LeBron James

The narrative of the Los Angeles Lakers and LeBron James trying to win the 2020 NBA championship vs the Miami Heat is the major headline going into the NBA Finals and oddsmakers have seen enough of both teams to tab LeBron as the odds-on favorite to win the NBA Finals Most Valuable Player.

The best basketball betting sites have King James as the -145 favorite to win his fourth Bill Russell NBA Finals MVP when the confetti eventually falls in the Orlando bubble.

The next player on the list is Lakers running mate Anthony Davis (+275), who has been having a superb postseason run in his first season in the purple and gold. The favorites for NBA MVP betting odds from the Heat are center Bam Adebayo at +750 and guard Jimmy Butler at +800.

Legacies could be determined by how this series plays out between the Lakers and Heat, with LeBron making his 10th NBA Finals appearance vs his old team in Miami and the Heat trying to become the biggest underdog ever to win the title, based on preseason odds.

Here are the full 2020 NBA MVP betting odds:

Who Will Win The 2020 NBA Finals MVP?

2020 NBA Finals MVP Odds
LeBron James-145
Anthony Davis+275
Bam Adebayo+750
Jimmy Butler+800
Goran Dragic+2000
Tyler Herro+2500
Rajon Rondo+7500
Kyle Kuzma+15000
Duncan Robinson+20000

Odds as of September 29 at BetOnline

Why LeBron Is The Favorite

LeBron James is the favorite based on NBA Finals MVP odds simply because he’s the best player in the league, the Lakers are favored to win the series and everything Los Angeles does goes through him. LeBron is the orchestrator for the Lakers offensively and he has even been instrumental in setting up the defense, taking on the task of guarding James Harden and Jamal Murray in late-game situations in the previous two playoff series.

The fact remains that this is an award voted on by 11 media members at the conclusion of the Finals and the reality is that if the Lakers win, he’ll get the praise, and if they lose, he won’t get the blame.

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That’s why betting on Anthony Davis may not be a great bet because a lot of how the NBA Finals plays out will be on his shoulders. Davis has been a stud for the entire postseason but these are easily the biggest games of his career and the Heat have been formidable defensively in limiting the opposing team’s highest scorer. The NBA Finals MVP odds for LeBron at -145 are actually pretty good based on these variables.

Is There Value on Bam and Butler?

Of course, there’s value on taking an underdog in the NBA Finals and no team epitomizes an underdog more than the Miami Heat. The Heat opened at +325 to win the NBA Finals and if they were to pull off this feat, they would be the second-biggest underdog entering the Finals to win after the 2004 Detroit Pistons, a team they have been routinely compared to.

If you had to choose between Bam Adebayo and Jimmy Butler for which Miami player will win Finals MVP, the best bet is likely Adebayo because of his importance to the Heat. Butler is also critical to the Heat’s chances of winning the NBA championship but Adebayo’s defense will be put to an extreme test as he’s likely to be matched up on both LeBron James and Anthony Davis through the series.

Bam is one of the few players in the NBA who is just as adept in guarding the rim as he is the perimeter and it’s not like he’s a slouch offensively, catching lobs and scoring easy baskets under the rim. If the Heat were to pull off the upset, the media would likely credit Adebayo for his ability to play both ways and impact winning. For NBA Finals MVP odds, go with Bam at +750.

How to Read NBA Finals MVP Odds

When you visit your betting site of choice, you’ll notice the NBA Finals MVP odds laid out like this:

LeBron James -115

Anthony Davis +200

Jimmy Butler +800

Similar to a moneyline bet where favorites are shown by the minus sign (-) and underdogs have a plus sign (+), the player with the lowest odds is the fave. In this scenario, it’s LeBron. For his odds, you'd need to bet $115 to make $100 in profit. 

For other options like Jimmy Butler, his odds indicate what you’d get paid if you placed a $100 bet. If you made this bet and it hits, you’d win $900 – your $100 is returned along with $800 in profit.

If you were to bet on which player will be named MVP, you would be making a futures bet.

Our Odds Calculator can give you an idea of how much you’d win based on the MVP odds and the amount of money you bet.