Jayson Tatum is the favorite in the 2022-23 NBA MVP odds

NBA MVP Odds: Doncic, Jokic, Tatum, Giannis Make Up Top Four

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.

Halfway through the 2022-23 campaign, the NBA MVP odds have Dallas Mavericks guard Luka Doncic as the +275 favorite. The race is tight, with Nikola Jokic at +300 followed by Jayson Tatum and Giannis Antetokounmpo at +425. 

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NBA MVP Odds For 2022-23

2022-23 NBA Most Valuable Player Award Odds
Player Odds Odds on January 3
Luka Doncic (DAL) +275 +250
Nikola Jokic (DEN) +300 +325
Jayson Tatum (BOS) +425 +275
Giannis Antetokounmpo (MIL) +425 +375
Kevin Durant (BRK) +750 +750
Joel Embiid (PHI) +1000 +1200
Ja Morant (MEM) +2500 +2800
Donovan Mitchell (CLE) +3300 +3500
Steph Curry (GSW) +5000 +5000
Pascal Siakam (TOR) +10000 n/a

Odds as of January 9

NBA MVP Odds: Best Long Shots

Joel Embiid (+1000)

Let’s not forget Embiid opened the season as the co-favorite for the 2022-23 NBA MVP. The Sixers big man hasn’t lost his scoring touch from a year ago, as he’s second in the NBA with 33.5 points per game. That exceptional average hasn’t rocketed Philadelphia up the standings (the Sixers are fifth in the East), but it has kept him in the running for MVP while other candidates have soared.

Embiid has been passed on the oddsboard by players such as Jayson Tatum, Nikola Jokic and Kevin Durant. That said, he still has a very strong chance to take home the hardware, especially if his knack for scoring continues. While a foot injury has the Cameroonian’s status up in the air right now, there’s no better value pick than Embiid at +1000.

NBA MVP Odds: Best Best

Our NBA MVP odds tracker has followed the movement all season. Here’s our best bet, given the current odds. 

Jayson Tatum (+425)

Somehow Tatum has been knocked out of chalk position in the 2022-23 NBA MVP odds. The 24-year-old has easily been the league’s best all-around player, yet Doncic and Jokic have now surpassed him. Clearly, the public is doubling down on Luka, especially after he dropped 60 points vs the Knicks on December 27 and hopped to the top of the PPG leaderboard. This activity is actually good for Tatum bettors, who should recognize that he’s been the true MVP this season. 

The Celtics have been a menace this year, and that’s largely due to the growth of their superstar forward. Tatum is better on defense this season, averaging a career high in rebounds while also tightening up his offensive game. The Duke product is shooting .472 in 2022-23, a career-high mark.

We love Tatum at +425 value.

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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
  • Nikola Jokic +1200

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. 

NBA MVP FAQ

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

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 +300 odds to win the award for a third consecutive season.