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2023-24 NBA MVP odds: Can Luka Doncic challenge Nikola Jokic for MVP?

Updated Apr. 2, 2024 10:49 a.m. ET

With a little more than two weeks left in the NBA regular season, Nikola Jokic is running away with the MVP race — with one challenger in sight.

The Denver Nuggets are in a hotly-contested battle for the top seed in the West, jockeying for position with the OKC Thunder and the Minnesota Timberwolves.

Jokic has been sensational this season, averaging 26.1 points, 12.3 rebounds and nine assists.

RELATED: 2024 NBA playoff picture, bracket, standings

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Still, while his odds to win MVP shortened from -270 to -1100 last week, they’ve now lengthened a bit to -600, as his close comrade Luka Doncic appears to be approaching his heels.

Doncic’s Dallas Mavericks have won 11 in a row as of Tuesday, and on the season, Doncic is averaging 34 points, 9.8 assists and 9.1 rebounds.

As a result, his odds have shortened from +1800 last week to +550 this week.

Let’s take a look at the latest MVP odds at FanDuel Sportsbook.

ODDS TO WIN 2023-24 NBA MVP: *

Nikola Jokic, Nuggets: -600 (bet $10 to win $11.67 total)

Luka Doncic, Mavericks: +550 (bet $10 to win $65 total)

Shai Gilgeous-Alexander, Thunder: +1800 (bet $10 to win $190 total)

* odds as of 4/2/24

FOX Sports Betting Analyst Jason McIntyre weighed in on the MVP award before the season started (Editor’s Note: Expert’s MVP pick made in July):

Only three players stand out to me early as possibly actionable MVP bets to make for the upcoming season.

Jayson Tatum, Celtics

Having advanced to the conference finals in four of the last six years, the Celtics are one of my favorites to win the title, and Tatum is the primary reason. I’m buying the trade of Marcus Smart as a win for the Celtics and Tatum. It will enable the 25-year-old to be the true leader of this team, something Smart has been since entering the league.

Tatum’s points, rebounds and assists have all gone up each year he’s been in the league, and his 30-8-4 were all career highs last year. A first-team All-NBA player each of the last two seasons, I expect him to win the MVP — and an NBA title.

PICK: Jayson Tatum (+800 at time of pick) to win MVP

Nikola Jokic, Nuggets

The two-time MVP is coming off an NBA title, Finals MVP, and the unofficial title of best player in the NBA. He’s the favorite for a third MVP, largely on the heels of an insane playoff run where he averaged 30-12-9 over 20 games and also hit a staggering 46% of 3-pointers. So why not bet on him?

You can’t quantify his desire now that he already has a title and his trophy case has everything. Knowing he’s done it all, will we see him pull back in the regular season to save himself for the postseason? We saw that late last season, and it worked. Either way, he’s the best player in the game, so worth a sprinkle.

PICK: Nikola Jokic (+430 at time of pick) to win MVP

Shai Gilgeous-Alexander, Thunder

If I’m looking for a super sleeper to win the MVP next year, it has to be SGA. Having just turned 25, he is coming off an excellent season in which he averaged a career-high 31 points and was first-team All-NBA.

Before you scoff, remember the Sacramento Kings improved by 18 wins last year, and the Thunder might be a breakout candidate, as they look to build on the play-in appearance last year while adding Chet Holmgren to the starting lineup.

PICK: Shai Gilgeous-Alexander (+1700 at time of pick) to win MVP

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