Odds Shark Top Sportsbooks
*Terms and Conditions apply to all bonus offers on this website. Visit operator for details.

Odds to Win NBA MVP: Luka Doncic is Early Favorite for 2021

We’re just over a week into the 2020-21 NBA season and oddsmakers are projecting who will win the 2021 NBA Most Valuable Player Award, with a playmaker in Dallas coming in as the early favorite.

According to the best basketball betting sites, Dallas Mavericks star Luka Doncic leads the NBA MVP odds at +300 as he continues his ascension to greatness. Doncic was already in the conversation for Most Valuable Player last season but was ultimately left out when the league announced its three finalists for the award.

After Doncic, sportsbooks have tabbed reigning two-time MVP winner Giannis Antetokounmpo of the Milwaukee Bucks as the next likeliest candidate in NBA MVP odds at +450. The Greek Freak has picked up right where he left off in his quest for an NBA championship and is averaging 21 points and 11 rebounds through four games. If he were to win it in 2021, he’d be the first player to win three MVP awards in a row since the Celtics’ Larry Bird did it from 1984 to 1986.

A former NBA MVP winner is third on the oddsboard and has shown an Achilles injury is in the past. Kevin Durant comes in at +550 to win his second MVP trophy after opening with +900 odds to win the hardware. KD is showing no rust, scoring 20 or more points in three straight games while shooting 53 percent from the floor.

If this is your first time betting on the odds to win NBA MVP prop or basketball props in general, check out our How to Bet on the NBA guide that will offer tips on the best way to approach props, NBA futures and more.

For now, here are the 2021 NBA MVP odds from Bovada:

Who is Favored to Win the 2021 NBA MVP?

2021 NBA Most Valuable Player Award Odds
Luka Doncic+300
Giannis Antetokounmpo+450
Kevin Durant+550
Anthony Davis+900
LeBron James+900
Damian Lillard+1200
Stephen Curry+1600
Jayson Tatum+2000
Nikola Jokic+2000
James Harden+2500
Joel Embiid+3000
Kawhi Leonard+3300
Devin Booker+4000
Trae Young+5000
Zion Williamson+5000
Kyrie Irving+6000
Jimmy Butler+8000
Paul George+8000

Odds as of December 30 at Bovada

Why is Luka Doncic the NBA MVP Odds Favorite?

It may only be three games but Dallas Mavericks superstar Luka Doncic continues to show why he’s the favorite to win his first NBA MVP Award. The all-star is putting up 27.7 points, 8.9 rebounds and 6.7 assists per game and is coming off a 51-point win over the Clippers.

Ever since Doncic arrived in the NBA, his progression each year has been on a steady incline to elite status. After winning Rookie of the Year in 2019 and then vaulting himself to All-NBA First Team in 2020, his current trajectory has him taking over the NBA MVP discussion.

Doncic in only his second year was able to lead the Mavericks to the playoffs after Dallas had missed three straight postseasons. Although the Mavs were ultimately dismissed by the Clippers in the first round, Luka was dominant and the fact he pushed that series to six games after the loss of forward Kristaps Porzingis in the opening game is a testament to his greatness.

The only knock on him would be his three-point shooting, where there’s room for improvement. For his career, he’s only averaging 32.1 percent from behind the arc on 7.9 attempts per game and this season, he has only hit two of 16 from three-point range.

The sky is the limit for Doncic and if he improves his three-point shooting and the Mavericks can take another leap in the Western Conference standings, the talent and media narrative is there for Luka to win the NBA MVP Award in his third season.

Nikola Jokic Needs to be Considered for NBA MVP Odds

You can’t talk about NBA MVP odds and the year-over-year improvement of players without mentioning Nikola Jokic and the Denver Nuggets. The Nuggets had one of the most improbable runs in the NBA bubble to make it to the Western Conference final vs the Lakers and Jokic was a key reason.

Since Jokic has arrived in Denver, the Nuggets have steadily improved in both the NBA standings and offensive efficiency. In 2018, they missed the playoffs by one game, then they made the second round in 2019 and this past year they lost in the conference final. And don’t think voters for this award haven’t noticed the Nuggets’ overall field-goal percentage increasing over that time too.

Jokic is already lauded as the best passing big man in the NBA (he currently leads the NBA in assists per game) but the key hurdle will be the standings because the Nuggets will likely need to be first in the West for bettors to cash in on those +2000 2021 NBA MVP odds. Given the Nuggets’ improvement and the emergence of sharpshooter Jamal Murray, Jokic has a strong MVP case.

Check out our NBA futures odds page for the most up-to-date betting odds.

How to Read 2021 NBA MVP Odds

When you visit your betting site of choice, you’ll notice 2021 NBA MVP odds laid out like this:

Luka Doncic +450

Anthony Davis +550

Giannis Antetokounmpo +650

Unlike a moneyline bet where favorites are shown by the minus sign (-) and underdogs have a plus sign (+), the player with the lowest odds with the plus sign (+) is the fave. In this scenario, it’s Luka Doncic. If you were to bet $100 on Doncic for NBA MVP betting odds and it hits, you would win $550 – your $100 is returned and you would get +450 in profit.

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

What is a Futures Bet?

This is a bet made on events that will happen in time. In this case, it’s MVP. To make a futures bet you would first use the handicapping info on this page to make your decision. 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.