NBA MVP Odds 2026-27: Wembanyama and Doncic Dead Even at +150
Victor Wembanyama and Luka Doncic are tied at a typical +150 for NBA MVP as of Thursday, November 12, 2026, across five sportsbooks. Wembanyama runs +130 to +150 and Doncic +140 to +155, and Kalshi still has Wembanyama slightly ahead at 38.5% to 35.5%.
Shai Gilgeous-Alexander has drifted to +750 to +900 and Nikola Jokic to +1,500 to +2,200. Jayson Tatum has moved past Jokic into fourth at a typical +1,200.
NBA MVP odds 2026-27: the full board
| Player | Typical | Range | Best | Implied | Kalshi | Oct 19 typical |
|---|---|---|---|---|---|---|
| Victor Wembanyama | +150 | +130 to +150 | +150 | 40.0% | 38.5% | +200 |
| Luka Doncic | +150 | +140 to +155 | +155 | 40.0% | 35.5% | +475 |
| Shai Gilgeous-Alexander | +850 | +750 to +900 | +900 | 10.5% | 9.5% | +400 |
| Jayson Tatum | +1,200 | +1,200 to +1,400 | +1,400 | 7.7% | 4.5% | +1,500 |
| Nikola Jokic | +1,600 | +1,500 to +2,200 | +2,200 | 5.9% | 4.5% | +600 |
| Anthony Edwards | n/a | Not posted at the five | n/a | n/a | n/a | +1,600 |
| Giannis Antetokounmpo | +4,000 | +3,500 to +4,000 | +4,000 | 2.4% | 1.5% | +1,100 |
| Tyrese Maxey | +5,000 | +3,000 to +10,000 | +10,000 | 2.0% | 1.5% | +9,000 |
| Cade Cunningham | +6,500 | +6,500 to +6,600 | +6,600 | 1.5% | 1.5% | +3,000 |
| Cooper Flagg | +7,500 | +7,500 to +15,000 | +15,000 | 1.3% | 2.0% | n/a |
| Jalen Brunson | +10,000 | +10,000 to +15,000 | +15,000 | 1.0% | under 1% | +4,000 |
| Donovan Mitchell | +20,000 | +17,500 to +20,000 | +20,000 | 0.5% | under 1% | +8,000 |
"Typical" is the median of the five books, "Best" is the longest price, and "Implied" converts the typical price to a percentage.
We left out a sixth book on the board, Hard Rock, because its prices sat far from the other five (Doncic at +600, Tatum at +2,500). Kalshi prices are Thursday-night midpoints. "Oct 19 typical" is the number from our preseason update. You can follow the same race on Kalshi's NBA MVP market.
Who is the favorite to win NBA MVP in 2026-27?
Victor Wembanyama of the San Antonio Spurs and Luka Doncic of the Los Angeles Lakers are tied at a typical +150, about 40% implied at the books. Wembanyama is shorter at FanDuel (+130) and Caesars (+135), and Kalshi has him at 38.5% to Doncic's 35.5%, so he is still the narrow favorite.
The Spurs are 10-2 and the Lakers are 11-2, per CBS Sports and FOX Sports. Wembanyama has shortened from +190 on November 6 to +150. Doncic has gone from +200 to +150, and from +475 before the season.
Biggest NBA MVP odds movers since the season opened
Luka Doncic is still the biggest mover among the leaders, from +475 on October 19 to +200 on November 6 and +150 now. Jayson Tatum went from +1,500 in October to +1,000 on November 6 and has eased back to +1,200, still fourth.
Moving the other way, Shai Gilgeous-Alexander has gone from +400 before the season to +450 on November 6 and +850 now. Nikola Jokic went from +600 to +1,000 to +1,600, and Giannis Antetokounmpo from +1,100 to +2,800 to +4,000.
Can Shai Gilgeous-Alexander win another MVP?
Shai Gilgeous-Alexander, the reigning MVP, is +750 to +900 at the books and 9.5% on Kalshi. His Oklahoma City Thunder are 8-4, and his typical price has nearly doubled in a week, from +450 on November 6 to +850.
The rest of the NBA MVP contenders
Nikola Jokic is +1,500 to +2,200, a typical +1,600, and Kalshi has him at 4.5%, level with Tatum. Anthony Edwards is still not priced at the five books we track. Antetokounmpo (+3,500 to +4,000), Tyrese Maxey (+3,000 to +10,000) and Cade Cunningham (+6,500 to +6,600) are next, with Cooper Flagg at +7,500 to +15,000.
How to bet NBA MVP odds
An MVP bet pays if the player wins the award, voted after the regular season. Players must appear in at least 65 games to be eligible under the current rules, so a long injury can end a bet early.
Shop the price: on this board Tyrese Maxey runs from +3,000 at bet365 to +10,000 at FanDuel. Our futures bet guide explains the math.