2025 NBA MVP Odds: Dončić is Early Favorite at BetOnline

Nikola Jokic, the reigning NBA MVP, is one of the early favorites  to win the Most Valuable Player award for the 2024-25 season. As the three-time winner gears up for another season, the odds suggest that he will once again be a top contender for the league’s most prestigious individual honor.

With the 2024-25 season fast approaching, the race for NBA MVP is starting to take shape.

Luka Dončić is odds on favorite at BetOnline (+375), with Shai Gilgeous-Alexander, Joel Embiid, and Giannis Antetokounmpo close behind, setting up a competitive race.

2025 NBA MVP Favorites

Luka Dončić (+375)
After carrying the Dallas Mavericks to the NBA Finals last season, Luka Doncic enters the 2024-25 campaign with a sense of confidence and renewed support.

Despite multiple years as a preseason MVP favorite, the Mavericks’ previous struggles prevented Doncic from securing the award. However, with offseason acquisitions like Klay Thompson and Naji Marshall, the Mavs are poised for a strong regular season, giving Doncic a legitimate shot at his first MVP award.

Nikola Jokic (+400)
What else can be said about Nikola Jokic?

He is an offensive juggernaut, scoring with efficiency while orchestrating the Denver Nuggets’ attack with his unparalleled vision and passing ability. Despite concerns about Denver’s roster, particularly the loss of Kentavious Caldwell-Pope, Jokic’s ability to post triple-doubles and keep the Nuggets in contention makes him a prime MVP candidate yet again.

Expect Jokic to maintain his dominance, averaging a supremely efficient triple-double while leading Denver to another 50+ win season.

Shai Gilgeous-Alexander (+450)
Shai Gilgeous-Alexander continues to elevate his game and the Oklahoma City Thunder, finishing second in MVP voting last season.

As the Thunder emerged as the top seed in the Western Conference, SGA’s two-way dominance stood out. With the Thunder primed for a deep playoff run, Gilgeous-Alexander’s versatility and efficiency make him a strong candidate to take home the MVP trophy in 2025.

2024/25 NBA MVP Odds (via BetOnline)

• Luka Doncic: +375
• Nikola Jokic: +400
• Shai Gilgeous-Alexander: +450
• Giannis Antetokounmpo: +700
• Joel Embiid: +700
• Anthony Edwards: +1200
• Victor Wembanyama: +1400
• Jalen Brunson: +1800
• Jayson Tatum: +2000
• Ja Morant: +3300
• Stephen Curry: +4000
• Jaylen Brown: +6600
• Tyrese Haliburton: +6600
• Kevin Durant: +8000
• Kawhi Leonard: +8000
• Devin Booker: +10000
• Donovan Mitchell: +10000
• Anthony Davis: +10000
• LeBron James: +12500
• Zion Williamson: +15000
• Trae Young: +20000
• Domantas Sabonis: +20000
• Paolo Banchero: +20000

Check out the odds here.

With several high-profile players contending for the MVP award, the 2024-25 season promises to deliver an exciting race.

Whether Jokic can capture his fourth MVP, or one of the young stars like Doncic or Gilgeous-Alexander rises to the occasion, the competition will be fierce.