1950 Országos Bajnokság I (men's water polo) was the 44th water polo championship in Hungary. There were ten teams who played two-round match for the title.
| Team | M | W | D | L | G+ | G− | P | |
|---|---|---|---|---|---|---|---|---|
| 1. | Bp. Dózsa (Újpest) | 18 | 17 | 0 | 1 | 133 | 42 | 34 |
| 2. | Bp. Vasas | 18 | 15 | 1 | 2 | 140 | 57 | 31 |
| 3. | Bp. Honvéd | 18 | 10 | 1 | 7 | 82 | 72 | 21 |
| 4. | ÉDOSZ SE (Ferencváros) | 18 | 10 | 0 | 8 | 110 | 82 | 20 |
| 5. | Egri ÁVESZ | 18 | 9 | 2 | 7 | 84 | 78 | 20 |
| 6. | Szolnoki MTE | 18 | 6 | 3 | 9 | 59 | 99 | 15 |
| 7. | Bp. Lokomotív | 18 | 5 | 3 | 10 | 79 | 109 | 13 |
| 8. | Textiles SE (MTK) | 18 | 5 | 2 | 11 | 48 | 87 | 12 |
| 9. | Bp. Előre | 18 | 2 | 3 | 13 | 48 | 89 | 7 |
| 10. | Tatabányai Tárna | 18 | 2 | 3 | 13 | 70 | 138 | 7 |
* M: Matches W: Win D: Drawn L: Lost G+: Goals earned G−: Goals got P: Point