NBA Odds Favoring Jokic to Win Third Straight MVP

  • Nikola Jokic is favored to win the NBA MVP with -250 odds.
  • Only three players have won three straight NBA MVPs.
  • The Denver Nuggets have +800 odds to win the NBA Finals.

DENVERNikola Jokic has had the tightest grip on the NBA for the last two with two straight MVP awards. Oddsmakers aren’t expecting that grip to get any looser as he is a heavy -250 favorite to win a third straight MVP.

2022-23 NBA MVP Odds

  • Nikola Jokic (DEN) -250
  • Joel Embiid (PHI) +500
  • Giannis Antetokounmpo (MIL) +600
  • Luka Doncic (DAL) +1600
  • Jayson Tatum (BOS) +1800
  • Ja Morant (MEM) +7000

It isn’t hard to see why online betting sites are eying Jokic to win a third straight MVP as he is averaging a triple-double up to this point in the season at 24.7 ppg, 11.5 rpg, and 10.1 apg while shooting at a 63.2% clip.

It is also worth mentioning that his assist and rebound numbers are top-6 in the NBA.

His NBA odds to win the MVP have also seen quite the journey as well as they did not open anywhere near where they are now. They opened at +1000 in the preseason and even got up to +2900 at one point. However, since they reached its +2900 peak, they have shortened at every chance they’ve gotten.

A month ago (January 23) they fell under even (+100) odds and have not turned back since.

If his odds continue on this route and he does end up winning, he would join an elite list of just three other players to win three straight NBA MVP Awards. That list includes Larry Bird, Wilt Chamberlain, and Bill Russell.

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Nuggets Success Playing a Role

At the time of writing, the Denver Nuggets currently sit five games out in first place of the Western Conference and have the third-best record in the league at 41-18. This is huge as the team’s success during the regular season plays a massive role in the MVP voting.

With that, the Nuggets odds to win the NBA Finals have gone a similar journey to Jokic’s MVP odds. After opening at +1700 in November 2022, they fell to +1300 quickly after in December until they finally pushed under +1000 in early January 2023.

Something else to take into consideration as to why his odds are far under even is that his main competitor for the award, Giannis Antetokounmpo, is out indefinitely with a wrist injury he suffered prior to the All-Star break. Antetokounmpo had the second shortest odds to win the MVP before getting injured.