Shai Gilgeous-Alexander, Oklahoma City Thunder
NBA

2025 NBA Finals MVP Odds: Gilgeous-Alexander Remains Favorite After Game 1 Loss

Shai Gilgeous-Alexander of the Oklahoma City Thunder remains the betting favorite to be named the 2025 NBA Finals Most Valuable Player, even after his team came up short at home in Game 1 against the Indiana Pacers on June 5.

Here's an updated look at the betting leaderboard for all contenders vying for the Bill Russell trophy.

2025 NBA Finals Most Valuable Player Odds

Player Team Odds
Shai Gilgeous-Alexander Oklahoma City Thunder -320
Tyrese Haliburton Indiana Pacers +360
Pascal Siakam Indiana Pacers +1300
Jalen Williams Oklahoma City Thunder +4800
Chet Holmgren Oklahoma City Thunder +12000
Myles Turner Indiana Pacers +14000
Andrew Nembhard Indiana Pacers +20000
Aaron Nesmith Indiana Pacers +32000
Alex Caruso Oklahoma City Thunder +50000
Luguentz Dort Oklahoma City Thunder +50000

Odds as of June 6, 2025 at FanDuel Sportsbook

2025 NBA Finals Most Valuable Player Betting favorite: shai gilgeous-alexander, oklahoma city thunder (-320)

The Thunder are still favored on the moneyline to capture the Larry O'Brien despite trailing 1-0 in the best-of-seven series following a heartbreaking defeat at the Paycom Center. Gilgeous-Alexander was up to his usual scoring ways with 38 points on 14-of-30 shooting to go along with five rebounds, three assists, and three steals. Every point of his was sorely needed as teammates Jalen Williams (17 points) and Chet Holmgren (six points) combined to shoot 8-of-28 from the field. 

Game 1 marked the fourth time in a row that Gilgeous-Alexander has scored 30 or more points versus Indiana, and if his teammates continue to be as inefficient as they were, there will be plenty more 30-plus nights in store for the regular season MVP. 

2025 NBA Finals Most Valuable Player Betting contender: Tyrese Haliburton, Indiana Pacers (+360)

Four of Tyrese Haliburton's teammates scored as many or more points in Game 1 than he did, but no basket was more important than the one he converted with 0.3 seconds remaining in the fourth quarter to give the Pacers their only lead of the ball game and an eventual victory. This has become the norm for the two-time All-Star, as he's now 6-of-7 (85.7 percent) when taking a shot to tie or take the lead in the final 90 seconds of the fourth quarter or overtime this playoffs (h/t Keerthika Uthayakumar). 

Prior to that shot dropping, Haliburton was likely on the verge of being criticized to no end for a fairly quiet night, but as he's done time and time again, the lasting image of the evening was his and his alone, putting Indiana within three victories of a first-ever title. 

Past 10 NBA Finals Most Valuable Player Winners

Year Winner Team
2024 Jaylen Brown Boston Celtics
2023 Nikola Jokic Denver Nuggets
2022 Stephen Curry Golden State Warriors
2021 Giannis Antetokounmpo Milwaukee Bucks
2020 LeBron James Los Angeles Lakers
2019 Kawhi Leonard Toronto Raptors
2018 Kevin Durant Golden State Warriors
2017 Kevin Durant Golden State Warriors
2016 LeBron James Cleveland Cavaliers
2015 Andre Iguodala  Golden State Warriors

Only former Warriors forward Kevin Durant has managed to repeat as Finals Most Valuable Player over the last decade. He s LeBron James, Kobe Bryant, and Shaquille O'Neal as the only players since 2000 to do so.

Who Has Won The Most NBA Finals Most Valuable Player Awards?

NBA Finals MVP Wins Player Team Years
6 Michael Jordan Chicago Bulls 1991, 1992, 1993, 1996, 1997, 1998
4 LeBron James Miami Heat (2), Cleveland Cavaliers, Los Angeles Lakers 2012, 2013, 2016, 2020
3 Tim Duncan San Antonio Spurs 1999, 2003, 2005
3 Magic Johnson Los Angeles Lakers 1980, 1982, 1987
3 Shaquille O'Neal Los Angeles Lakers 2000, 2001, 2002
2 Kareem Abdul-Jabbar Milwaukee Bucks, Los Angeles Lakers 1971, 1985
2 Larry Bird Boston Celtics 1984, 1986
2 Kobe Bryant Los Angeles Lakers 2009, 2010
2 Kevin Durant Golden State Warriors 2017, 2018
2 Kawhi Leonard San Antonio Spurs, Toronto Raptors 2014, 2019
2 Hakeem Olajuwon Houston Rockets 1994, 1995
2 Willis Reed New York Knicks 1970, 1973

The Finals Most Valuable Player award was first introduced in 1969 and won by Los Angeles Lakers legend Jerry West. Since its inception, only Michael Jordan and LeBron James have captured the award four or more times.

NBA Finals Most Valuable Player Winners By Position

Position Winners
Small Forward 15
Center 14
Shooting Guard 11
Point Guard 9
Power Forward 7

How To Read NBA Finals Most Valuable Player Odds

When you visit your NBA betting site of choice, you’ll notice 2025 NBA Finals Most Valuable Player odds laid out like this:

  • Jayson Tatum +750
  • Jaylen Brown +850
  • Shai Gilgeous-Alexander +850
  • Nikola Jokic +900

Unlike a moneyline bet where favorites are shown by the minus sign (-) and underdogs have a plus sign (+), the player with the lowest odds with the plus sign (+) is the favorite. In this scenario, Jayson Tatum is favored. If you were to bet $100 on Tatum in the NBA Finals Most Valuable Player betting odds and it hits, you would win $850 – your $100 is returned and you would get $750 in profit.

If you were to bet on which player will be named NBA Finals Most Valuable Player, you would make a futures bet.

What Is A Futures Bet?

This is a bet made on events that will happen in time. In this case, it’s NBA Finals Finals Most Valuable Player. To make a Odds Calculator can give you an idea of how much you’d win based on the NBA Finals Most Valuable Player odds and the amount of money you bet.

2025 NBA Awards Betting Odds

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