...
...
Read Article
- More Betting
NBA MVP odds: Nikola Jokic leads the way after latest update [11/25/2025]
Updated: | First published:
Written by Ryan Leaver, Senior Sports and Betting Editor
Get the latest NBA MVP odds sourced from each major sportsbook.
Nikola Jokic headlines the latest NBA MVP odds for the 2025/26 season. As of November 25, 2025, the three players are listed at +130, ahead of players such as Shai Gilgeous-Alexander and Luka Doncic.
Dimers’ analysis of the MVP market compares odds across major US sportsbooks, helping bettors identify where the best value lies among this season’s top contenders.
NBA MVP odds as of 11/25/2025
According to the latest update, Nikola Jokic is the outright favorite to win the NBA MVP award, with an implied 43.5% chance of taking home the league’s top individual honor.
He currently sits ahead of several taking home the league’s top individual honor.
Favorites to win NBA MVP
See which stars join Jokic in the top 10 — along with their best available odds.
Nikola Jokic (Nuggets)
Nikola Jokic is the current frontrunner for the NBA MVP award, according to the sportsbooks, with the best odds of +130 available at DraftKings, implying a win probability of 43.5%.
Shai Gilgeous-Alexander (Thunder)
Shai Gilgeous-Alexander is the second favorite for MVP, with odds of +135 available at FanDuel, which translates to an implied probability of 42.6% for the Thunder star.
Luka Doncic (Lakers)
Rounding out the top three MVP contenders is Luka Doncic of the Los Angeles Lakers. The combo guard has odds of +400 at FanDuel, giving him an implied 20.0% chance of winning the award.
| Player (Team) | Best MVP Odds |
|---|---|
| Nikola Jokic (Nuggets) | +130 @ DraftKings |
| Shai Gilgeous-Alexander (Thunder) | +135 @ FanDuel |
| Luka Doncic (Lakers) | +400 @ FanDuel |
| Giannis Antetokounmpo (Bucks) | +1500 @ FanDuel |
| Tyrese Maxey (76ers) | +4000 @ DraftKings |
| Cade Cunningham (Pistons) | +5000 @ DraftKings |
| Victor Wembanyama (Spurs) | +10000 @ DraftKings |
| Jalen Brunson (Knicks) | +15000 @ DraftKings |
| Jaylen Brown (Celtics) | +15000 @ DraftKings |
| Donovan Mitchell (Cavaliers) | +15000 @ DraftKings |
List of NBA MVP winners
In the past 10 seasons, MVP winners have included stars like Giannis Antetokounmpo, Nikola Jokic and James Harden.
- 2025: Shai Gilgeous-Alexander (Thunder)
- 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)
More NBA player awards odds as of November 25, 2025
Conclusion
As of November 25, 2025, Nikola Jokic is the outright favorite to win NBA MVP at +130, followed by Shai Gilgeous-Alexander at +135 and Luka Doncic at +400. These odds give the Nuggets center an implied 43.5% chance to win the award.
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 implied probabilities mentioned in this article were verified and are accurate at the time of publication.
Ryan Leaver uses advanced statistical models and simulations to predict outcomes and provide predictions for the NBA, NFL, college football, college basketball, and soccer. He offers detailed game previews, best bets, props, and futures articles.
Advertiser disclosure