Each MVP race scores every eligible contender from real season production, then converts the scores into probabilities that sum to about 100% across the field. These are Balladex model estimates, not sportsbook odds.
By Beau Thoutt · Used on NBA MVP race, NFL MVP race
Each player's score multiplies per-game production (points, 0.55 × rebounds, 0.75 × assists, plus a defensive-rating credit) by talent, age, team win percentage, games played and MVP/All-NBA pedigree factors. The top 40 scores are turned into probabilities with a softmax (temperature 15).
Each non-defender's per-game offensive points are weighted by position (quarterbacks × 1.55, running backs × 0.95, receivers × 0.9) after a minimum workload. The top 10 scores are converted to odds with a power law: the gap above the 10th score, raised to the power 2.1, as a share of the total.
Balladex publishes NBA MVP odds only after about 10 games of the current season. Before that, the page shows last season's final ranking, labeled as such, because a few games are too small a sample.
No. They are Balladex model estimates computed from season statistics. They are not sportsbook lines and are not betting advice.