New information was released on December 26, 2023, showing Chet Holmgren, the center from the Oklahoma City Thunder, as the new betting favorite over Victor Wembanyama to win the NBA Rookie of the Year award. Holmgren’s odds are set at -155, while Wembanyama has odds set at +120.
Holmgren, who was the #2 pick in the 2022 NBA Draft from Gonzaga, began the season as the second favorite on DraftKings’ NBA awards board at -155 odds to win the Rookie of the Year. After sustained a foot injury before the preseason, Holmgren retained his rookie status heading into this season.
Despite Wembanyama averaging more points, rebounds, and blocks than Holmgren, the difference in the quality of their respective teams has also played a crucial role in the Rookie of the Year odds. Holmgren, a key starter on the young Thunder who are in third place in the Western Conference, has been showcasing consistent performances, posting 10 double-doubles in 27 games this season.
In contrast, Wembanyama, who plays for the San Antonio Spurs, has high numbers but his team has only won four out of 24 games this season, making it difficult for him to strongly contend for the award.
For bettors looking for a value bet, Gonzaga’s Jaime Jaquez from the Miami Heat lowers their payout ratio. Jaquez is third on the NBA awards board at +3000 odds to win Rookie of the Year, but despite odds against him, his 13.7-point average and glowing defense are nothing to overlook.