NBA Most Improved Player Odds: Franz Wagner, Jalen Williams The Favorites

Victor Wembanyama opened as the favorite but Franz Wagner is now atop odds boards for Most Improved Player.

Ryan Murphy - Managing Editor at Covers.com
Ryan Murphy • Managing Editor
Nov 29, 2024 • 16:03 ET • 4 min read
NBA Most Improved Player odds
Photo By - USA TODAY Sports

NBA Most Improved Player odds have started to shift for the 2024-25 season. Franz Wagner (+320) is the betting favorite for MIP as we enter December. Victor Wembanyama opened as the favorite to win the award but is now +4000.

Below are more NBA odds for Most Improved Player.

NBA Most Improved Player odds

Player DraftKings FanDuel bet365
Franz Wagner +320 +300 +300
Jalen Williams +500 +500 +500
LaMelo Ball +500 +500 +500
Jalen Johnson +750 +850 +750
Dyson Daniels +1200 +1200 +1200
Ivica Zubac +2200 +3000 +2400
RJ Barrett +2200 +4000 +2400
Christian Braun +2500 +2000 +2400
Cade Cunningham +2500 +3500 +2400
Norman Powell +2500 +2500 +2400

Odds as of 11-29-2024.

NBA Most Improved Player opening odds

Victor-ious

Victor Wembanyama put up arguably the most impressive rookie season in league history last season, with his true explosion coming over the campaign's back end, logging truly eye-popping numbers, especially on defense.

But, is his placement atop the Most Improved Player odds in the true spirit of the award? After all, Wemby's second-half breakout all but announced as destined for greatness.

The San Antonio Spurs center has one of the most boundless palettes of potential skill ever seen in a basketball prospect, and with another season of top-flite conditioning, he's already an entirely likely All-NBA candidate.

Wemby's also been taking top billing at the books, taking 15.2% of both tickets and handle at BetMGM. This made him the most popular bet to win MIP entering the season.

Leap, interrupted

We typically expect to see the early MIP odds board littered with youngsters stepping into bigger roles or in new surroundings. Instead, the rest of this year's early Most Improved Player favorites are upside-dripping studs who have been MIP contenders in years past, but either fell short or had injury disrupt their ascent. 

Scottie Barnes and Jalen Williams are familiar names for anyone who followed last year's MIP race, while Evan Mobley and Jalen Johnson had lengthy ailments derail their contention in 2024. All of these guys have plenty of potential but face a variety of obstacles, from perhaps having already leaped, limited room for ascent on a crowded roster, or even a bit of both. 

Jonathan Kuminga figures to be perhaps the purest candidate for an eruption outside of Wembanyama, having not only shown midseason flashes of stardom in Golden State (such that his season-long stats are negatively skewed after an early-season benching), but perhaps an added impetus to contribute. The Warriors finally will have to turn to the future after another missed postseason and Klay Thompson's departure, meaning Kuminga could be fully unleashed.

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Understanding NBA Most Improved Player odds

Most sportsbooks will display odds in the American format as listed above. We'll use 2022-23's MIP race as an example: 

As the season progressed, with Lauri Markkanen having been a big favorite, his odds had a minus (-) sign ahead of the number: 

  • Lauri Markkanen -200

This means that a bettor needs to wager $200 to win $100. Other candidates with worse odds would have a plus (+) sign ahead of the number. Early in the season, before any clear favorite is established, betting options will be listed as such: 

  • Shai Gilgeous-Alexander +650

Here, a bettor stands to profit $650 for every $100 wagered. 

If American odds aren't your thing, simply use our odds converter to switch the odds to decimal or fractional format. Most online sportsbooks also give you the option to change the odds format that you see.


NBA MIP betting trends

Here are some trends you'll want to consider when betting on NBA Most Improved Player futures: 

  • Forwards have won 13 of the past 20 MIP awards.

  • No true center has won since Jermaine O'Neal in 2002.

  • MIP has tended to favor players making "the leap" to stardom recently. Nine of the past 10 winners have averaged 20.0 ppg or more.

  • In a very weird coincidence, an Orlando Magic player has won MIP four times since 1999, and each time, an Indiana Pacer has won the award the following year.

How is NBA Most Improved Player decided? 

The NBA Most Improved Player Award is bestowed upon the player who has demonstrated a significant improvement in performance from the previous season. This improvement is evaluated based on the following key criteria:

Statistical improvement

Consideration is given to notable increases in key statistical categories, including traditional box score stats, shooting efficiency, and the various advanced metrics.

Role expansion or redefinition

Consideration will be given to players who have taken on new roles, and significantly expanded their responsibilities, thereby positively impacting their team.

Consistency and sustainability

The improvement should be consistent and sustained throughout the season, rather than a short-term surge in performance. Candidates should demonstrate their enhanced production over a substantial portion of the regular season.

Impact on team success

The player's improvement should directly contribute to the overall success and performance of their team. Factors such as wins, team rankings, and positive influence on team chemistry can be taken into account.

NBA Most Improved Player history

Year NBA Most Improved Winner
2023-24 Tyrese Maxey
2022-23 Lauri Markkanen
2021-22 Ja Morant
2020-21 Julius Randle
2019-20 Brandon Ingram
2018-19 Pascal Siakam
2017-18 Victor Oladipo
2016-17 Giannis Antetokounmpo
2015-16 CJ McCollum
2014-15 Jimmy Butler

NBA Most Improved Player odds FAQ

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Ryan Murphy Managing Editor at Covers
Managing Editor

Ryan Murphy began his love affair with sports journalism at the age of nine when he wrote his first article about his little league baseball team. He has since authored his own weekly column for Fox Sports and AskMen and has created successful campaigns for some of the biggest and most trusted brands in the world including Walt Disney, HBO, the WWE, the NHL, and the NFL.

“Murph,” as he’s known to friends, began his journey in sports betting in 2017, and enjoyed a highly rewarding tenure at Churchill Downs, where he oversaw the creation of the TwinSpires Edge and served as the publication’s first editor-in-chief. His nose for news and ability to find and nurture talent helped turn the site into a major player within the online gambling industry.

Although Ryan loves examining odds movement and breaking down matchups, he’s also a prolific creative writer whose critically acclaimed stories have been published in 21 books and have been featured on more than 170 radio stations and 40 newspapers. His latest book, My Life’s a Joke, is a laugh-out-loud memoir about the epic fails that thickened his skin and paved the way for a successful 15-year career as a touring stand-up comedian.

Ryan’s top piece of advice to sports bettors: “Bet with your head, not your heart. It pains me to be pragmatic, but blind loyalty has no place in sports wagering.”

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