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NBA MVP Odds: Luka Doncic The Early Favorite

Mavericks guard Luka Doncic leads the odds projections to win 2022 NBA MVP.

The Milwaukee Bucks have been crowned NBA champions for the 2020-21 season and sportsbooks are already looking ahead toward next season.

Denver Nuggets forward Nikola Jokic took home the 2020-21 regular-season MVP award after a standout campaign that saw him lead the Nuggets to the third seed in the Western Conference (without fellow star Jamal Murray) while being one of only three players to finish in the top 15 in points per game and average a double-double.  

While injuries to LeBron James, Joel Embiid and others may have skewed the voting, the Joker was certainly a worthy recipient of the MVP after starting the season as a +3000 long shot.

Bettors have an interesting crop of players to consider for the 2021-22 award with plenty of value to be had early in the offseason. With free agency starting August 6, getting some bets in now is the best way to take advantage of some value before rosters are shaken up and odds are changed.

Mavericks guard Luka Doncic opens as the early favorite in 2022 NBA MVP odds at +550 with Embiid (+700), Kevin Durant (+700), Giannis Antetokounmpo (+800) and Steph Curry (+900) rounding out the top five.

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Who is Favored to Win the 2022 NBA MVP?

2022 NBA Most Valuable Player Award Odds
Luka Doncic+550
Joel Embiid+700
Kevin Durant+700
Giannis Antetokounmpo+800
Stephen Curry+900
LeBron James+1200
Damian Lillard+1200
Nikola Jokic+1500
Devin Booker+1500
Trae Young+1800
James Harden+2200
Donovan Mitchell+2500
Anthony Davis+2800
Jayson Tatum+2800
Paul George+4000
Kyrie Irving+4000
Zion Williamson+4000
Ja Morant+5000
Russell Westbrook+6600
Jimmy Butler+6600
Julius Randle+6600
Bradley Beal+8000
Domantas Sabonis+8000
Zach LaVine+8000
Karl-Anthony Towns+10000
Bam Adebayo+10000
Chris Paul+10000
Jaylen Brown+15000
Pascal Siakam+15000
Anthony Edwards+15000
LaMelo Ball+15000
Khris Middleton+15000
Jamal Murray+20000
Klay Thompson+20000
Shai Gilgeous-Alexander+20000
CJ McCollum+20000
DeMar DeRozan+20000

Odds as of July 22 at Bovada

Best Bets

Giannis Antetokounmpo (+800)

After an incredible NBA Finals that saw him go for 50 points in a title-clinching Game 6, Giannis reached the pinnacle of the sport in winning the Larry O’Brien Trophy and taking home NBA Finals MVP honors.

Could he follow up his incredible postseason with his third MVP award?

Fourth in NBA MVP odds, betting on Giannis doesn’t give you the best odds compared to some other players, but he’s got a great chance to win the award considering he will be on one of the best teams in the league, in the weaker Eastern Conference, after earning the respect and admiration of the league in winning the NBA championship.

This season, Giannis was one of the three players (Embiid was the third) to be in the top 15 in points per game while averaging a double-double. Giannis finished fifth in the league, averaging 28.1 points per game. Similar numbers next season would be more than enough to put him in the MVP conversation.

Damian Lillard (+1200)

We like Steph Curry (+900), who led the league in points per game this season, already has two MVPs and should be on a much better team this time with some key players returning from injury. But you can get better odds going down the list a little bit and betting on Portland guard Damian Lillard.

Part of the projection here is that Lillard will be traded this offseason, and it will likely be to a team with a much higher profile than Portland. If Lillard were to end up with the Sixers, Knicks or Heat, a lot more eyeballs will be on the 31-year-old point guard.

It is not at all difficult to picture him going to the less competitive Eastern Conference, putting up huge numbers, leading his team to a No. 1 or 2 seed in the playoffs and coming home with an MVP.

Lillard was third in the league in points per game this season with 28.8 and also averaged 7.5 assists.

He should be right in the middle of the conversation if he ends up on a contender. We like his odds at +1200.

James Harden (+2200)

Players who don’t play on one of the league’s best teams don’t win MVP awards. That’s why someone like James Harden has to be at the forefront of any conversation about value in NBA MVP odds. There’s a great chance that the Brooklyn Nets are one of the league’s top couple of teams next season so the odds that a player on the Nets wins the MVP is a pretty good bet.

Kevin Durant is rightfully near the top of the MVP odds list at +700 as the best player on the team, but why not throw some money down on the second-best player at far better odds.

Harden won the scoring title three consecutive years before this season and has won just as many MVPs as Durant (one). We see a big disparity here in NBA MVP odds that bettors can take advantage of. You might need Durant to miss some time with injury, but that’s pretty likely considering he missed almost 40 games just this season and has a track record of injuries.

LaMelo Ball (+15000)

A great (really long) long-shot bet is Hornets guard LaMelo Ball. It’s likely a couple of years too early for Ball to win this award, but after putting up 15.7 points, 6.1 assists and 5.9 rebounds per game, starting only 31 games and averaging just 28.8 minutes per game, there is plenty of room for growth in his game this season.

The reigning Rookie of the Year’s team should also be in better shape this season and challenge for a playoff spot in the East.

Like we said, it’s a long shot, but Ball has the makings of a future star in this league. It’s hard to find a problem at +15000 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 in 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.