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NBA MVP Odds: Luka Doncic The Preseason Favorite

Mavericks guard Luka Doncic leads the 2021-22 NBA MVP odds.

Denver Nuggets forward Nikola Jokic took home the 2020-21 NBA 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 award after starting the season as a +3000 long shot.

Bettors have an interesting crop of players to consider for the 2021-22 award. With the start of the regular season drawing closer, this is the time to mine some value in NBA MVP odds before the top contenders start to separate themselves from the pack.  

Oddsmakers at Bovada have Mavericks guard Luka Doncic as the early favorite in 2021-22 NBA MVP odds at +400 with Giannis Antetokounmpo (+650), Embiid (+700), Kevin Durant (+700) and Steph Curry (+700) rounding out the top five.

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Who Is Favored To Win The 2021-22 NBA MVP?

2021-22 NBA Most Valuable Player Award Odds
Luka Doncic+400
Giannis Antetokounmpo+650
Joel Embiid+700
Kevin Durant+700
Stephen Curry+700
Damian Lillard+1200
Nikola Jokic+1500
LeBron James+1600
James Harden+1800
Devin Booker+2000
Trae Young+2000
Jayson Tatum+2200
Russell Westbrook+2500
Anthony Davis+2500
Donovan Mitchell+3000
Paul George+4000
Kyrie Irving+4000
Zion Williamson+4000
Ja Morant+5000
Jimmy Butler+6600
Bradley Beal+6600
Julius Randle+8000
Domantas Sabonis+8000
Zach LaVine+8000
Karl-Anthony Towns+10000
Bam Adebayo+10000
Chris Paul+10000
Jaylen Brown+15000
Pascal Siakam+15000
LaMelo Ball+15000
Anthony Edwards+20000
Khris Middleton+20000
Shai Gilgeous-Alexander+20000
CJ McCollum+20000
DeMar DeRozan+20000
De’Aaron Fox+20000
Ben Simmons+20000

Odds as of October 13 at Bovada

NBA MVP Odds: Value Bets

Giannis Antetokounmpo (+650)

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?

Now second 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.

Giannis was one of those 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 in 2021-22 would be more than enough to put him in the MVP conversation.

He’s still good value at +650 considering what that number could be by Christmas.

Paul George (+4000)

With Kawhi Leonard out for the foreseeable future, the Clippers’ Paul George will have to shoulder the load to start the year. George averaged 22.3 points per game last season and could see a big bump in production as the main offensive threat on his team.  

If the Clippers finish as one of the top few teams in the West, George could be the beneficiary of a Jokic-esque narrative around him carrying the team. Jokic had +3000 odds before last season, after all.

Jimmy Butler (+6600)

Another interesting long-shot bet is Heat forward Jimmy Butler way down at +6600. Butler might be on the best roster of his career heading into this season after the Heat acquired Kyle Lowry and P.J. Tucker in the offseason, adding to a team that already included Bam Adebayo, Tyler Herro, Duncan Robinson and Victor Oladipo.

With so many good players, the Heat scoring could be spread out enough to keep Butler from reaching the numbers he would need for an MVP bid. 

But at +6600, we’re willing to bet on the tide-that-lifts-all-boats approach where all the great players simply means more scoring, and a larger piece of that pie for Butler to have a piece of.

Butler averaged 21.5 points, 6.9 rebounds and 7.1 assists last season.   

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.

The reigning Rookie of the Year’s team should also be in better shape in 2021-22 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.

NBA MVP Odds: Best Bet

James Harden (+1800)

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 this 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 2020-21 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 last season and has a track record of injuries.

How To Read NBA MVP Odds

When you visit your NBA betting site of choice, you’ll notice 2021-22 NBA MVP odds laid out like this:

  • Luka Doncic +400
  • Joel Embiid +700
  • Kevin Durant +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, it’s Luka Doncic. If you were to bet $100 on Doncic in NBA MVP betting odds and it hits, you would win $500 – your $100 is returned and you would get +400 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.