NBA Rookie of the Year Odds: Edey Becomes New Favorite

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Zach Edey #14 of the Memphis Grizzlies and Kyle Filipowski #22 of the Utah Jazz battle for position during the 2024 NBA Salt Lake City Summer League on July 8, 2024 at Delta Center in Salt Lake City, Utah.
Photo by Melissa Majchrzak/NBAE via Getty Images
Shane Jackson @Sjacksonmgm Jul 12, 2024, 2:33 PM
  • Get expert betting predictions on long shots to consider for NBA Rookie of the Year.
  • Zach Edey is the new betting favorite at +600.

To the surprise of many, the 2023-24 NBA Rookie of the Year race was actually compelling.

San Antonio Spurs center Victor Wembanyama, last year’s No. 1 overall pick and best prospect since LeBron James, eventually won the award. But he faced stiff competition from the Oklahoma City Thunder’s Chet Holmgren.

The two-player race was so fierce that Holmgren was the betting favorite early in the year. Bettors could exploit some swings in the odds between Wemby and Holmgren.

If that can happen in a year where a rookie class has a generational prospect, imagine the potential race with a 2024 draft class without any star power. Bettors will need to stay on top of this market throughout the season.

With the NBA betting odds recently released, here is a look at how to attack the Rookie of the Year market.

Odds to Win 2024 NBA Rookie of the Year

Zach EdeyGrizzlies+600
Alex SarrWizards+700
Zaccharie RisacherHawks+800
Dalton KnechtLakers+900
Stephon CastleSpurs+1000
Reed SheppardRockets+1100
Matas BuzelisBulls+1200
Tidjane SalaünHornets+1400
Ron HollandPistons+1400
Cody WilliamsJazz+1500
Donovan ClinganBlazers+1800
Rob DillinghamTimberwolves+1800
Devin CarterKings+3000
Jared McCain76ers+3500
Carlton CarringtonWizards+4000
Kel'el WareHeat+4000

NBA Rookie of the Year favorite

Zach Edey (+600)

Just before Summer League began, Zach Edey passed Alex Sarr as the basketball betting favorite in this market.

Edey, drafted with the No. 9 overall pick by the Memphis Grizzlies, is now +600 to win Rookie of the Year after opening with +2500 odds. Sarr went from +425 to +700, which is good enough for second in the latest odds.

In a class where most rookies might not make an immediate impact, it’s easy to envision a world where Edey has a solid role with the Grizzlies.

The two-time National Player of the Year could even be the team’s starting center sooner than expected.

Edey is the biggest liability in the market at this point in the summer.

NBA Rookie of the Year sleeper

Carlton Carrington (+4000)

While Washington’s No. 2 overall pick is the betting favorite, its No. 14 pick is actually my favorite long shot in this class.

Carlton “Bub” Carrington, the second-youngest player in the NBA Draft, has plenty of upside as the future lead guard for the Wizards. But there is potential for immediate production, specifically for a team that leans on Jordan Poole in the backcourt.

Carrington averaged 13.8 points and 4.1 assists per game in his lone collegiate season with Pittsburgh. The Baltimore native ranked No. 8 overall in Sam Vecenie’s Big Board at The Athletic, thanks to his scoring and playmaking ability.

The Wizards made a trade on draft night to land the No. 14 pick. Carrington can justify that move right away.

NBA Rookie of the Year prediction

Matas Buzelis (+1200)

This year’s NBA Rookie of the Year race is fascinating because so few players will step into a prominent role. Most players will be coming off the bench or have limitations in their game to limit their usage in Year 1.

But that makes me believe Buzelis is the best bet entering the season.

The Bulls are headed toward a youth movement that started by sending Alex Caruso to the Oklahoma City Thunder for Josh Giddey. Veterans DeMar DeRozan, Zach LaVine, and Nikola Vučević could easily play elsewhere next year.

If only one or two of those veterans find new teams, Buzelis will suddenly be thrust into a starting role as the No. 11 pick.

Buzelis was ranked as high as No. 4 on Kevin O’Connor’s big board at The Ringer. The Chicago native averaged 14.1 points per game with G League Ignite last season.

NBA Betting Splits for Rookie of the Year

Most tickets:

  • Zach Edey 24.4%
  • Dalton Knecht 15.1%
  • Donovan Clingan 9.2%

 Highest handle:

  • Zach Edey 74%
  • Dalton Knecht 6.4%
  • Donovan Clingan 6.4%

2023-24 NBA Rookie of the Year Voting

RankNameTeamVote Pts1st Place
1Victor WembanyamaSAS49599
2Chet HolmgrenOKC2950
3Brandon MillerCHO860
4Jaime Jaquez Jr.MIA100
5Brandin Podziemski GSW40
6Dereck Lively IIDAL10

List of NBA Rookie of the Year Winners

2023-24Victor Wembanyama
2022-23Paolo Banchero
2021-22Scottie Barnes
2020-21LaMelo Ball
2019-20Ja Morant
2018-19Luka Doncic
2017-18Ben Simmons
2016-17Malcolm Brogdon
2015-16Karl-Anthony Towns
2014-15Andrew Wiggins
BetMGM First Bet Offer $1,500
About the Author

Shane Jackson

Read More @Sjacksonmgm

Shane Jackson is a Web Content Writer for BetMGM, covering MLB and NBA. After graduating from the University of Kansas, his previous stops include, Lawrence Journal-World, Manhattan Mercury, Bet Chicago Sports, WynnBET, and Sportsbook Review.

Shane Jackson is a Web Content Writer for BetMGM, covering MLB and NBA. After graduating from the University of Kansas, his previous stops include, Lawrence Journal-World, Manhattan Mercury, Bet Chicago Sports, WynnBET, and Sportsbook Review.