NBA 2024-25 MVP Winner Betting Preview – Odds, Tips & Predictions

James Salmon
By: James Salmon
05/04/2025
NBA Tips, Predictions & News
NBA MVP Winner

NBA 2024-25 MVP Winner Betting Preview – Odds, Tips & Predictions

The MVP Award is the most coveted individual accolade in the NBA regular season, perhaps only the Finals MVP outstripping it overall – though that probably depends on who you ask. Regardless of how you rank those two, it’s a significant award and one that elevates the historical standing of whoever wins it. For much of history, the MVP was won virtually exclusively by American players, but the influx of international talent has been swift and for years now, that talent has had exclusive ownership of the award. In 2019, Giannis Antetokounmpo became just the fifth international player to win it in over 60 years of history, and that kickstarted a run of six consecutive MVPs which went to players from outside of the United States – three to Nikola Jokic, two to Giannis and one to Joel Embiid.

The race for the 2024-25 NBA MVP has for some time been appeared to be between just two players, and Shai Gilgeous-Alexander and Nikola Jokic are only affirming their positions at the top as the season wears on. Nearing the end of the regular season, however, SGA has raced away courtesy of a great run of form and a few missed games from his nearest competitor. But is it a fait accompli that the Thunder star wins his first, or can somebody cause a major upset? Below, we take a look at all the players still in the market.

2025-25 NBA MVP Odds

Favourites to win the 2025-25 NBA MVP

Shai Gilgeous-Alexander (Oklahoma City Thunder)

Oklahoma City Thunder
Shai Gilgeous-Alexander has had a brilliant season, and in leading his team to the top of the Western Conference by a street and then some, is now the overwhelming favourite with all betting sites in Australia to win his inaugural MVP. SGA has been on autopilot all season long, developing into the most consistent and prolific scorer in the league. He is averaging 32.8 points per game for the season on an impressive 52.2% from the field, and with the number of free throws he gets his true shooting percentage is among the game’s elite.

Add to that some high-quality defence and 6.4 assists, and you’ve got MVP-worthy numbers no matter which way you twist it. Making Gilgeous-Alexander’s season even more impressive is that, courtesy in no small part of his own brilliance, the Thunder blow opposing teams out as regularly as anyone, meaning their starters are often not needed in the final quarter. Gilgeous-Alexander averages a relatively low 34.2 minutes per game – just marginally higher than his points average – and were he and his Thunder a little less dominant he could easily be averaging close to 35 points per game. Gilgeous-Alexander appears destined to win this season’s MVP and would be a very deserving winner, but unfortunately NBA betting sites have all but handed him the word and are offering little more than bank interest for him to win it. It’s hard to see any other outcome, but at this point in time there is little point on backing him to win.

Bet on Shai Gilgeous-Alexander to win the MVP @ $1.02 with Unibet

Nikola Jokic (Denver Nuggets)

Denver NuggetsPoor old Nikola Jokic. This has probably been the best season of what is rapidly becoming an historically great career, and having won three MVPs and probably deserving another during it there would be good reason to expect him to win another this season. Alas, that is not the way the narrative has trended and if the betting apps are to believed, it is not likely to happen. Unlikely as it seems now though, the race is not completely over, nor should it be. The Nuggets star is averaging absolutely ridiculous numbers this season; 29.7 points per game while shooting 57.5% from the field and 41.6% from the field, to go with 12.8 rebounds, 10.2 assists and 1.2 steals. His Nuggets team is not as good as Shai’s Thunder, but his impact on them is probably greater as without him they would almost certainly fail to make the playoffs.

Despite his brilliant season, the narrative appeared to be shifting in the favour of SGA as the season wore on, and a five-game absence for Jokic in March certainly did not help – particularly with the Thunder star putting up even better numbers than usual in that time. But Jokic returned with a 39-point triple-double in his first game back, and two games later scored a ridiculous 61-point triple-double on 18-29 shooting. It might seem like the MVP award is already decided, and with only a handful of games left it will probably be difficult for Jokic to change anyone’s mind who has already settled on Shai. If he manages to end the season with a couple more absurd performances like the aforementioned 61-pointer against the Timberwolves then who knows, maybe it will sway a few voters. If it were up to me, Jokic would be winning this award, and while that does seem unlikely, with the odds the way they are he is clearly the value pick at this point in the season.

Bet on Nikola Jokic to win the MVP @ $11.00 with Unibet

Giannis Antetokounmpo (Milwaukee Bucks)

Milwaukee Bucks
Another man who probably feels he has deserved a little more consideration in the MVP discussion this season is Giannis Antetokounmpo. The two-time winner has had another terrific season out in Milwaukee, putting up the same kinds of numbers that he has for years now; 30.4 points per game on 60.2% shooting, 11.8 rebounds and 6.0 assists. Bearing in mind he is also an elite defender, and you’ve got a player having a serious impact. But while Giannis remains one of the best players in the league, he has been outside the top couple in the MVP for a few years now for a couple of reasons. No doubt there is an element of voter fatigue – he won it twice in a row and while he’s continued to produce at a very high level, hasn’t really taken a notable step forward – but more significant is simply the incredible level of play of guys like Jokic, SGA, and in the past, Joel Embiid.

Also going against Antetokounmpo is the fact that his Bucks team just continues to disappoint. The Bucks will finish in the top six in the East to make the playoffs, but in the far inferior Conference, they will only finish with around 45 wins. That’s not Giannis’ fault and he is the reason they are in the playoffs at all, but team results do matter – as is evident in the Jokic vs Gilgeous-Alexander conversation. Giannis has had another terrific season, but don’t expect him to be getting any first-place votes in the MVP.

Bet on Giannis Antetokounmpo to win the MVP @ $501.00 with Unibet

Our Prediction

We have to take a look at the latter four guys as a matter of course, but let’s be real – this one is going to either Gilgeous-Alexander or Jokic. And it’s becoming increasingly likely as the season nears its close that it will be the Thunder guard who secures his maiden MVP trophy. From a personal perspective I think the race is a hell of a lot closer than what betting sites seem to, though the narrative is clearly trending heavily in Gilgeous-Alexander’s favour. He will more than likely win it, but the Joker should be a much better than $11 chance, and SGA is not worth betting on at such short odds. Jokic is the only player I’d even consider in this market, and while he probably won’t win, if he has a crazy end to the season it wouldn’t be a huge surprise to see him a little shorter than what he currently is at the conclusion of the regular season.

Top Betting Sits for NBA Betting 

NBA MVP awards by position

  • Point guard - 11 
  • Shooting guard - 8
  • Small forward - 9
  • Power forward - 10
  • Center – 30

NBA MVP History

  • 2023-24 - Nikola Jokic (Denver Nuggets)
  • 2022-23 – Joel Embiid (Philadelphia 76ers) 
  • 2021-22 - Nikola Jokic (Denver Nuggets)
  • 2020-21 - Nikola Jokic (Denver Nuggets)
  • 2019-20 - Giannis Antetokounmpo (Milwaukee Bucks)
  • 2018-19 - Giannis Antetokounmpo (Milwaukee Bucks)
  • 2017-18 - James Harden (Houston Rockets)
  • 2016-17 - Russell Westbrook (Oklahoma City Thunder)
  • 2015-16 - Stephen Curry (Golden State Warriors)
  • 2014-15 - Stephen Curry (Golden State Warriors)
  • 2013-14 - Kevin Durant (Oklahoma City Thunder)
  • 2012-13 - LeBron James (Miami Heat)
  • 2011-12 - LeBron James (Miami Heat)
  • 2010-11 - Derrick Rose (Chicago Bulls)

James is a sports writer from Melbourne, and has contributed to a variety of publications covering a range of sports including basketball, cricket, Australian Rules, golf and surfing to name a few. An avid fan of all of the above and more, James’ downtime is spent falling ungracefully off his surfboard, turning over footies and playing an out of tune guitar.