As we head into February, the season and race for the NBA MVP has reached full speed where the true heavyweights begin to distance themselves from the pack. The conversation has shifted from early-season intrigue to a high-speed chase, with Shai Gilgeous-Alexander currently way out front. However, the rearview mirror is crowded with players like Luka Doncic, who continues to produce logic-defying stat lines, and Cade Cunningham, one of the rising stars of the league.
In a field this talented, one cold shooting slump or minor injury could be the difference between hoisting the trophy and becoming a footnote in someone else’s highlight reel. Let’s take a quick look at the NBA MVP odds as February approaches.
*Troy Taormina-Imagn ImagesNBA MVP Odds
Right now, Shai Gilgeous-Alexander is running away with the NBA MVP race. The oddsmakers have moved him into a massive favorite, signaling it’s his award to lose. While he remains the clear frontrunner, Luka Doncic is holding steady as the primary threat, still commanding a massive share of the betting interest as he carries the Lakers through the winter. The real shake-up involves Cade Cunningham, whose surge has completely realigned the odds, catapulting him past several veterans into the top three.
Meanwhile, the board has been a bit of a minefield this season due to injuries, and the NBA’s 65-game minimum for awards. A stipulation that has become the ultimate gatekeeper for the MVP race, turning it into a game of survival where availability is just as valuable as a triple-double. Nikola Jokic is likely going to be a casualty of this rule, having missed all of January so far. He was neck and neck with SGA for the award early on in the season, but now sees his odds completely off the board due to the league’s 65-game eligibility rule. Meanwhile, Luka Doncic maintains a slightly more comfortable cushion after missing a few sporadic games early in the year.
*Rick Osentoski-Imagn ImagesThis has left an opening for Pistons rising star Cade Cunningham and Celtics go-to man Jaylen Brown to put their names in the running for those betting on a late-season collapse of the favorites. This fragility at the top of the leaderboard has only reinforced the candidacy of Shai Gilgeous-Alexander, whose consistent presence in the lineup has made him the only elite contender whose eligibility isn’t a source of anxiety for voters and oddsmakers alike. See the current NBA MVP Odds below.
2025-26 NBA MVP Odds – November 7th
Shai Gilgeous-Alexander -380 Luka Doncic +850 Cade Cunningham +1200 Jaylen Brown +2500 Anthony Edwards +5000 Tyrese Maxey +8000 Jalen Brunson +15000 Donovan Mitchell +20000 Kevin Durant +50000 Stephen Curry +50000The Strategic Approach to Sports Betting
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