The NBA MVP award is among the most prestigious accolades in sports. In pro basketball, a game overflowing with superstar talent, one player has the power to control every possession or even dictate a team’s destiny.

For the 2022-23 campaign, the early NBA MVP odds from Bodog have Dallas Mavericks guard Luka Doncic as the favorite at +250. After that, it’s Giannis Antetokounmpo at +275, followed by Jayson Tatum at +350 odds to win NBA MVP.

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NBA MVP Odds For 2022-23

2022-23 NBA Most Valuable Player Award Odds
Player Odds
Luka Doncic (DAL) +250
Giannis Antetokounmpo (MIL) +275
Jayson Tatum (BOS) +350
Stephen Curry (GSW) +1000
Joel Embiid (PHI) +1200
Ja Morant (MEM) +1800
Donovan Mitchell (CLE) +1800
Kevin Durant (BKN) +1800
Nikola Jokic (DEN) +3000
Shai Gilgeous-Alexander (OKC) +4000
Damian Lillard (POR) +5000
Devin Booker (PHX) +5500
Trae Young (ATL) +6500

Odds as of November 28 at Bodog

NBA MVP Odds: Best Long Shots

Stephen Curry (+1000)

Despite the Warriors’ lackluster start (and subsequent drop in NBA championship odds), Curry has maintained excellent numbers yet again. Through a quarter of the season, the point guard is averaging 31.4 points per game (his career high is 32.0 PPG) while connecting on 5.2 three-pointers per game. At 34 years old, he’s seemingly better than ever.

The value at +1000 is excellent. For Curry to win, other players will have to stumble or get injured, but there’s still a legit shot Steph wins out, which is why he’s our top value pick. 

Shai Gilgeous-Alexander (+4000)

The +4000 odds on Gilgeous-Alexander winning MVP seem disrespectful. Sure, the shooting guard plays on a bottom-feeding Thunder team, which dents his value, but he’s still third in the NBA in scoring (31.1 PPG), behind only Doncic and Curry. 

If Gilgeous-Alexander’s epic season continues into the spring, MVP voters will have no choice but to acknowledge his greatness. If that happens, you’ll be glad you grabbed him at +4000.

NBA MVP Odds: Best Best

Jayson Tatum (+350)

There’s a reason the award is given to the most valuable player and not to the highest scorer. Tatum is a well-rounded talent on a superb Celtics team, giving him a fine chance of securing an MVP award in his sixth NBA season.

Wager On The NBA MVP Here

Tatum’s career has been all about incremental improvement. As a rookie, he averaged just 13.8 points per game. Now, five years later, his PPG average sits at a cool 30.5. The 24-year-old is also chipping in on defense this season, averaging a career-high 1.2 blocks per game, while his dime-dishing abilities have produced a career-high 4.6 assists per game.

The Duke product is doing everything right on both ends of the floor. If his health holds up, you won’t see better value than +350 the rest of the way. 

How To Read NBA MVP Odds

When you visit your NBA betting site of choice, you’ll notice 2022-23 NBA MVP odds laid out like this:

  • Luka Doncic +450
  • Joel Embiid +650
  • Giannis Antetokounmpo +700

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, Luka Doncic is favored. If you were to bet $100 on Doncic in the 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.

For example, Jokic, last year’s MVP, is at +1200, giving him a 7.69 percent implied chance of winning the award. A $100 bet on Joker would pay out $1,300. 

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How is the NBA MVP awarded?

The NBA Most Valuable Player award is given to the player who is considered the best player in the league for that season while also meaning the most to his team. It is a regular-season award and does not take into account playoff performance or past season performances. The award is voted on by a panel of basketball writers after the season concludes.

Who is the favorite to win NBA MVP?

The early favorite to win NBA MVP for the 2022-23 regular season is Dallas Mavericks guard Luka Doncic. He is followed on the oddsboard by Giannis Antetokounmpo and Jayson Tatum. 

Who won NBA MVP last season?

Denver Nuggets center Nikola Jokic won the NBA MVP award for the 2021-22 regular season. He currently has +3000 odds to win the award for a third consecutive season.