2022-23 NBA MVP Odds: Joel Embiid Sparks a Major Change in NBA MVP Race

Joel Embiid is closing in on Nikola Jokic's heels for the 2022-2023 NBA MVP, while Giannis Antetokounmpo is in fifth. Kade Kimble updates the NBA MVP Odds Power Rankings.
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2022-23 NBA MVP Odds: Joel Embiid Sparks a Major Change in NBA MVP Race

This may be the spiciest this award has gotten. Jokic leads, Embiid is a close second, and Giannis is in a distant fifth place. Plenty has changed and will continue to change over the next week. Let’s check in on the NBA MVP Odds update. 

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OddsPlayerStock WatchImplied Chance
-145Joel EmbiidNeutral59.2%
+195Nikola JokicNeutral33.9%
+420Giannis AntetokounmpoNeutral19.23%
+25000Jayson TatumNeutral0.4%
+30000Luka DoncicNeutral0.33%

Click here for NBA MVP Odds Rankings


1. Nikola Jokic (+115) Bet $100 to collect $215 FanDuel has the best odds, click here to bet

After weeks of coasting, we got some drastic movement after Jokic was a heavy favorite last week. His odds have fallen, but he still leads the odds. He had a rather impressive week, but being that heavy of a favorite wasn’t warranted. His two triple-doubles and a third near-triple-double were enough to maintain the top spot. He essentially just dropped to where he should have been last week. Also, he’s 0.1 assists per game away from averaging a triple-double on the season. So, expect a 20-assist game this week.

2. Joel Embiid (+260) Bet $100 to collect $360 BetMGM has the best odds, click here to bet

Making his way back up toward the top of the list this month, Embiid has been incredible through January. He’s averaged 34.9 points per game and 10.7 rebounds per game through January. He did so in losing only two games in the games he played in, too. All around, he’s earned his way back onto this list. He also averaged 34.3 points per game over the last week, so his jump in odds was warranted, though I wouldn’t put him above Jayson Tatum yet. 

3. Luka Doncic (+550) Bet $100 to collect $650 BetMGM has the best odds, click here to bet

Doncic played in two games this past week. Well, technically three, but I won’t count his three minutes against the Suns. In those two games, Doncic scored 41 points, then 53 points. Again, these numbers are absurd, but it’s not completely surprising with his usage rate. He scored 24 of his team's 30 first-quarter points the other night. I understand that his team isn’t incredible, but there is a reason he’s putting together video game numbers. Embiid is doing it while winning games. I wouldn’t even put him over Tatum at this point unless his team rattles off another big win streak.

4. Jayson Tatum (+1300) Bet $100 to collect $1,400 FanDuel has the best odds, click here to bet

Tatum averaged 31.3 points per game through January. His team is the very best in the NBA at the moment. He scored 30+ in each game this week, too. Add all of these things up, and Tatum should currently be the runner-up MVP. Maybe third, if you want to give Embiid the second spot. But he shouldn’t be below Doncic, and I will stand on that. If he had the usage and shot volume of Doncic, he would also put up video game numbers, though his numbers aren’t at all bad. As a matter of fact, his numbers would win MVP nearly any other year. 

5. Giannis Antetokounmpo (+1800) Bet $100 to collect $1,900 Caesars has the best odds, click here to bet

There’s not much more analysis for Giannis’ odds drop other than he didn’t play well for a couple of games and then got hurt. Since returning, he’s averaging 38.25 points per game in 30.5 minutes per game. That’s absurd. There’s so much talent on this list, and they’re all doing some elite things. However, you could argue that Giannis should be fourth on this list, though I wouldn’t drop Tatum any further. Realistically, I’m only dropping Doncic to fifth on this list, and Embiid’s latest is fourth. So, talent alone is the only reason Giannis took such a tumble with his injury.

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Kade has spent his last 3 years writing about the Oklahoma City Thunder. He has also been following the NBA for the past 11 years. Just recently, Kade began co-hosting the Boomtown Hoops Podcast.


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