2025 NBA Finals MVP Betting Odds & Analysis: SGA or the Field?

Alex Murray
By: Alex Murray
02 Jun 25
NBA Picks
Photo by Wikimedia Commons, CC by 1.0

Photo by Wikimedia Commons, CC by 1.0

The 2025 NBA Finals won’t start in earnest until Thursday. So you know what that means. We’ve got tons of time to consider some betting futures for the series.

While there are a wide range of really fun futures to take a look at for this matchup between the heavily favored Oklahoma City Thunder and the upstart Indiana Pacers, the biggest is the 2025 NBA Finals MVP betting market.

The only issue is, all the online betting sites you’re going to come across have Shai Gilgeous-Alexander as the prohibitive favorite. So, is a bet on the field worth it? Or is this market a stay away until odds change following the start of the series?

Highlights

  • Shai Gilgeous-Alexander is the overwhelming favorite to win Finals MVP
  • The best options from the field behind SGA come from the Pacers
  • There is one long shot dart throw contender we would consider dabbling with

2025 OKC Thunder vs. Indiana Pacers NBA Finals MVP Betting Odds & Analysis - June 5

All odds provided by Sports Interaction.

2025 NBA Finals MVP Betting Odds

Player (Team)Finals MVP Odds
Shai Gilgeous-Alexander (OKC)-550
Tyrese Haliburton (IND)+700
Pascal Siakam (IND)+2,000
Jalen Williams (OKC)+3,300
Chet Holmgren (OKC)+7,500
Myles Turner (IND)+36,000
Aaron Nesmith (IND)+50,000
Andrew Nembhard (IND)+50,000
Isaiah Hartenstein (OKC)+50,000
Lu Dort (OKC)+50,000
Alex Caurso (OKC)+50,000
Aaron Wiggins (OKC)+100,000
Obi Toppin (OKC)+100,000
Bennedict Mathurin (IND)+100,000
T.J. McConnell (IND)+100,000
Isaiah Joe (OKC)+100,000
Cason Wallace (OKC)+100,000

The Favorite: Shai Gilgeous-Alexander (-550)

There has only ever been one player to win NBA Finals MVP despite his team losing the series, and that was Jerry West way back in 1969. Considering the Thunder are massive favorites to win this series, that makes Shai Gilgeous-Alexander a very logical favorite to win Finals MVP.

Since 1970, players that have won NBA MVP, like SGA did this year, and made it to the Finals in the same year have gone 19-6. 15 of those guys also won the Finals MVP trophy in the same year, which makes SGA’s odds look very reasonable, if frustratingly short.

He has been scoring 30 points a night more often than not this season. If he does that again and the Thunder win, which are both very likely scenarios, he will make good on the -550 odds NBA betting sites are giving him. But are there any upset candidates worth looking at?

Real Contenders From the Field: Tyrese Haliburton (+700) & Pascal Siakam (+2,000)

The best chance for the field to win is for the Thunder to lose in the Finals, which would take a Herculean effort from both Tyrese Haliburton and Pascal Siakam, the latter of whom won the Eastern Conference Finals MVP last week.

Haliburton had just one bad game in that series, but that still cost him the award. If the Pacers do upset the Thunder, it will most definitely be on Haliburton’s back. Plus, we think the voters will feel they kind of owe him one after he easily could have won the Eastern Finals MVP that went to Siakam.

The Cameroonian hooper had a few scoring explosions last round, but he also had a few where he scored under 20. Haliburton does more all-around and he is the team’s leader, so if you’re going to bet against SGA, Haliburton is without a doubt the smartest option.

Long Shots to Consider

If you’re looking to take a wild swing on a long shot, there are definitely a few to consider. Probably too many, which is why they’re all such long shots. This NBA Finals is a matchup of the two deepest teams in the NBA playoff field.

But the one that stands out in terms of the value his odds are offering and the real game impact he is able to have is Thunder big man Chet Holmgren. He’s way up at +7,500, which means over twice the value that teammate Jalen Williams is offering.

Holmgren’s size in the paint could really cause problems for the Pacers, who will likely try to counter him with Siakam and Myles Turner. Turner racks up blocks, but he’s not a shutdown defender, as Karl-Anthony Towns proved in the East Finals. 

If Holmgren can dominate in the paint on offense, average a double double-double, and rack up 3+ blocks a game (he has had 3+ in six of 16 games, hence the long shot moniker) he could give voters a tougher decision than they expected. And at +7,500 odds, why not throw a dollar or two down.

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Alex is a recent graduate of Ryerson's Sport Media program in 2019 and has been contributing to BettingTop10 since 2020. He has worked in the field of sports and sports betting for several years, including writing for theScore and daily fantasy sports website FantasyPros as one of their lead NBA news writers. A dedicated sports fan and experienced sports bettor, Alex has the knowledge to provide you with the best betting advice and the sneakiest props no matter what the sport may be.