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Wembanyama MVP odds: a 22-point comeback in Chicago makes it 10 straight, and the Kalshi vs Polymarket split on the award has all but closed

News analysis · Updated November 12, 2026 · 18+ · Market prices, not predictions · By · Sports

Victor Wembanyama MVP odds on Kalshi and Polymarket after the Spurs 10th straight win
Spurs 124, Bulls 119, November 11, 2026. Prices read 16:46 UTC, November 12.
Short answer: San Antonio trailed Chicago 64-42 in the second quarter on Wednesday and won 124-119, a 10th straight victory, with Victor Wembanyama scoring 32 points with nine rebounds and five blocks. The bigger market story is on the MVP board. Two days ago Kalshi and Polymarket disagreed on who led the race; at 16:46 UTC on Thursday Wembanyama was the favorite on both, at 37.0% on Polymarket and 37.5% on Kalshi, against Luka Doncic at 35.4% and 33.5%. These are market prices, not predictions.
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Chicago scored 41 points in the first quarter and led by 22 midway through the second, its biggest lead of the season, according to the AP recap carried by KSAT. The Spurs opened the third quarter on an 18-3 run, helped by five Bulls turnovers, and took control with an 11-2 run in the fourth, per TSN. Dylan Harper added 18 points, 10 assists and four steals, and De'Aaron Fox had 17 points and nine assists. San Antonio played without Devin Vassell (adductor) and finished a 4-0 road trip. The game came two days after Wembanyama's 40-point night against Phoenix, which we covered in our report on the ninth straight win; at that point he trailed Doncic on both venues.

What the market is pricing

Wembanyama's MVP price, as read by BetG8 over the last three days (UTC):

Read timePolymarketKalshiGap (Kalshi minus PM)
Nov 10, 13:2131.0%34.5%3.5 pts
Nov 11, 14:44 (before tip-off)33.5%37.0%3.5 pts
Nov 12, 00:4732.5%36.5%4.0 pts
Nov 12, 04:44 (after the game)35.0%37.5%2.5 pts
Nov 12, 16:4637.0%37.5%0.5 pts

At the latest read the rest of the top of the board was Doncic at 35.4% on Polymarket and 33.5% on Kalshi, Shai Gilgeous-Alexander at 9.0% and 9.5%, and Nikola Jokic at 6.5% and 4.5%. On the title market the Spurs remain favorites at 22.5% on Polymarket and 21.5% on Kalshi. The full boards are on BetG8's live NBA MVP odds page and NBA championship odds page.

Why the gap closed from one side

The convergence came almost entirely from Polymarket. Kalshi's Wembanyama price moved only from 37.0% before the Chicago game to 37.5% afterward, while Polymarket's rose from 32.5% late Wednesday to 37.0% on Thursday. In other words, Kalshi traders had already priced Wembanyama as the narrow favorite, and Polymarket caught up. On Doncic the venues still differ by 1.9 points in the other direction, with Polymarket the more bullish. A gap of half a point on Wembanyama is inside the typical spread on a long-dated award market, so BetG8's live table no longer treats either venue as clearly cheaper. Our Kalshi vs Polymarket page tracks every shared market.

What a comeback adds, and what it does not

Voters reward the best player on a top seed, and a 10-game streak with the title favorite helps that case. A single comeback win over a 1-9 team, however, carries little information on its own; the more likely driver is the accumulation of results. Two structural factors still cap any MVP price this early. The league's 65-game eligibility rule means an injury can remove a favorite regardless of form, and 70 regular-season games remain. Even after the move, both venues price Wembanyama below 40%, meaning the market still sees the field as more likely than any single player.

📱 Compare how the same event is priced across venues on Polymtrade.Referral link. 18+.

What to watch next

San Antonio hosts Golden State on Friday, per the AP. Watch whether the venues stay level on Wembanyama or reopen a gap, and whether Doncic's Polymarket premium narrows in turn. Injury reports matter more than box scores in this market: any news on Wembanyama's availability would move both prices more than another 40-point night.

Method and limits

The 16:46 UTC prices come from BetG8's live MVP and championship pages, which read the public Polymarket Gamma API and Kalshi trade API every five minutes and use the midpoint of the best bid and ask. Earlier readings come from BetG8's newsroom log at the times shown. Game details are from the AP recap via KSAT, TSN and Fox San Antonio. Prices are not forecasts, and nothing here is betting advice.

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Related

Frequently asked questions

What are Wembanyama's MVP odds?

At 16:46 UTC on November 12, 2026, Victor Wembanyama was priced at 37.0% on Polymarket and 37.5% on Kalshi to win the 2026-27 NBA MVP, the favorite on both venues.

Do Kalshi and Polymarket agree on the NBA MVP favorite?

Yes, as of November 12. Earlier in the week Polymarket had Luka Doncic on top while Kalshi had Wembanyama, but the gap on Wembanyama has narrowed to 0.5 points.

How long is the Spurs' winning streak?

Ten games, after a 124-119 win in Chicago on November 11, 2026, in which San Antonio came back from 22 points down.

Sources

18+ only. This page reports market prices and published facts; it is not betting, financial or legal advice, and prices are not predictions. If gambling stops being fun, help is available at 1-800-GAMBLER.