NBA MVP Odds: Shai Gilgeous-Alexander Leads the Way After Latest Update [3/21/2025]

The latest odds for the 2024/25 NBA MVP have been released, and as of March 21, 2025, we've ranked the top contenders along with their best available odds.

At Dimers.com, we've thoroughly reviewed the odds across all major US sportsbooks to help you find the best value on the leading MVP candidates.

For even more insights, head over to our NBA predictions, where you'll find expert picks, best bets and player prop projections for every game of the season!

NBA MVP Odds as of 3/21/2025

The current favorite to win the NBA MVP award for the 2024/25 season is Shai Gilgeous-Alexander of the Oklahoma City Thunder.

Gilgeous-Alexander's MVP odds are listed at -850, available at FanDuel.

This puts the Thunder point guard well ahead of the field, with sportsbooks now viewing Gilgeous-Alexander as a near lock for the MVP award.

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Favorites to Win NBA MVP

Shai Gilgeous-Alexander (Thunder)

Shai Gilgeous-Alexander is the current frontrunner for the NBA MVP award, according to the sportsbooks, with the best odds of -850 available at FanDuel, implying a win probability of 89.5%.

Gilgeous-Alexander to Win MVP

-847

Bet $50
Payout $55.90Bet $50, Payout $55.90

Nikola Jokic (Nuggets)

Nikola Jokic is the second favorite for MVP, with odds of +450 available at DraftKings, which translates to an implied probability of 18.2% for the Nuggets star.

Jokic to Win MVP

+450

Bet $50
Payout $275Bet $50, Payout $275

Jayson Tatum (Celtics)

Rounding out the top three MVP contenders is Jayson Tatum of the Boston Celtics. The small forward has odds of +50000 at FanDuel, giving him an implied 0.2% chance of winning the award.

Tatum to Win MVP

+50000

Bet $50
Payout $25050Bet $50, Payout $25050

List of NBA MVP Winners

In the past 10 seasons, MVP winners have included stars like Joel Embiid, Nikola Jokic and Russell Westbrook.

• 2024: Nikola Jokic (Nuggets)
• 2023: Joel Embiid (76ers)
• 2022: Nikola Jokic (Nuggets)
• 2021: Nikola Jokic (Nuggets)
• 2020: Giannis Antetokounmpo (Bucks)
• 2019: Giannis Antetokounmpo (Bucks)
• 2018: James Harden (Rockets)
• 2017: Russell Westbrook (Thunder)
• 2016: Stephen Curry (Warriors)
• 2015: Stephen Curry (Warriors)

More NBA Player Awards Odds as of March 21, 2025

• NBA DPOY Odds
• NBA ROTY Odds
• NBA Most Improved Odds
• NBA Sixth Man Odds
• NBA Clutch Player Odds

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Final Thoughts

At Dimers.com, we take our responsibility seriously when providing NBA MVP odds, understanding the implications of gambling and its potential impact on our users' financial well-being and quality of life.

We strongly encourage users to exercise caution and conduct their own research before acting on any betting advice. Ultimately, it's important to make informed decisions that align with your personal values and goals. If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER.

All odds and probabilities mentioned in this article were verified and are accurate at the time of publication.

We also offer valuable information on NBA best bets, NBA prop bets, NBA championship odds and the latest NBA betting trends to help guide your decisions.