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Odds to Win NBA Championship: Check Out The NBA Finals Odds

Last Updated on 05/17/2024
Fact checked by: Allan Howe

After playing an 82-game regular season, 20 NBA teams enter the postseason with aspirations of making the NBA championship, also known as the NBA Finals.

Here at Ballislife, as you’d expect, this is something we look forward to each year as we not only discover the new best team in the NBA, but it’s also an excellent opportunity for making wagers. Continue reading to learn about all things NBA championship odds betting and more.

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Top NBA Championship Odds

NBA
United States of America
Home
Away
Tuesday20:30
Dallas MavericksDallas Mavericks Minnesota TimberwolvesMinnesota Timberwolves
DraftKingsHome-142
Bet365Away+110
Sunday20
Boston CelticsBoston Celtics Indiana PacersIndiana Pacers
Monday20:30
Minnesota TimberwolvesMinnesota Timberwolves Dallas MavericksDallas Mavericks

NBA Championship Odds Betting Explained

Leading up to the finals and during it, you’ll see plenty of Vegas odds for the NBA championship, and it’s because of the number of teams striving for the same goal.

The championship consists of one team from each conference—the East and the West—and they get there after winning three best-of-seven series rounds or by winning their Play-In Tournament game, then winning those series. There are multiple betting odds for the NBA finals, and we’ll continue to explore those opportunities below. Please check first the actual standings and the form curve before you place your bets

NBA
GP W D L GF/GA +/- PTS Form
1 Boston CelticsBoston Celtics 82 64 0 18 0:0 0 0
1 Oklahoma City ThunderOklahoma City Thunder 82 57 0 25 0:0 0 0
1 Orlando MagicOrlando Magic 82 47 0 35 0:0 0 0
1 Boston CelticsBoston Celtics 82 64 0 18 0:0 0 0
1 Oklahoma City ThunderOklahoma City Thunder 82 57 0 25 0:0 0 0
1 Orlando MagicOrlando Magic 82 47 0 35 0:0 0 0
1 Boston CelticsBoston Celtics 82 64 0 18 0:0 0 0
1 Oklahoma City ThunderOklahoma City Thunder 82 57 0 25 0:0 0 0
1 Orlando MagicOrlando Magic 82 47 0 35 0:0 0 0
2 Denver NuggetsDenver Nuggets 82 57 0 25 0:0 0 0
2 New York KnicksNew York Knicks 82 50 0 32 0:0 0 0
2 Miami HeatMiami Heat 82 46 0 36 0:0 0 0
2 New York KnicksNew York Knicks 82 50 0 32 0:0 0 0
2 Miami HeatMiami Heat 82 46 0 36 0:0 0 0
2 Denver NuggetsDenver Nuggets 82 57 0 25 0:0 0 0
2 Miami HeatMiami Heat 82 46 0 36 0:0 0 0
2 New York KnicksNew York Knicks 82 50 0 32 0:0 0 0
3 Minnesota TimberwolvesMinnesota Timberwolves 82 56 0 26 0:0 0 0
3 Milwaukee BucksMilwaukee Bucks 82 49 0 33 0:0 0 0
3 Atlanta HawksAtlanta Hawks 82 36 0 46 0:0 0 0
3 Milwaukee BucksMilwaukee Bucks 82 49 0 33 0:0 0 0
3 Atlanta HawksAtlanta Hawks 82 36 0 46 0:0 0 0
3 Atlanta HawksAtlanta Hawks 82 36 0 46 0:0 0 0
3 Milwaukee BucksMilwaukee Bucks 82 49 0 33 0:0 0 0
3 Minnesota TimberwolvesMinnesota Timberwolves 82 56 0 26 0:0 0 0
4 LA ClippersLA Clippers 82 51 0 31 0:0 0 0
4 Cleveland CavaliersCleveland Cavaliers 82 48 0 34 0:0 0 0
4 Charlotte HornetsCharlotte Hornets 82 21 0 61 0:0 0 0
4 LA ClippersLA Clippers 82 51 0 31 0:0 0 0
4 Cleveland CavaliersCleveland Cavaliers 82 48 0 34 0:0 0 0
4 Charlotte HornetsCharlotte Hornets 82 21 0 61 0:0 0 0
4 Charlotte HornetsCharlotte Hornets 82 21 0 61 0:0 0 0
4 Cleveland CavaliersCleveland Cavaliers 82 48 0 34 0:0 0 0
4 LA ClippersLA Clippers 82 51 0 31 0:0 0 0
5 Dallas MavericksDallas Mavericks 82 50 0 32 0:0 0 0
5 Washington WizardsWashington Wizards 82 15 0 67 0:0 0 0
5 Dallas MavericksDallas Mavericks 82 50 0 32 0:0 0 0
5 Washington WizardsWashington Wizards 82 15 0 67 0:0 0 0
5 Dallas MavericksDallas Mavericks 82 50 0 32 0:0 0 0
5 Washington WizardsWashington Wizards 82 15 0 67 0:0 0 0
6 Phoenix SunsPhoenix Suns 82 49 0 33 0:0 0 0
6 Indiana PacersIndiana Pacers 82 47 0 35 0:0 0 0
6 Phoenix SunsPhoenix Suns 82 49 0 33 0:0 0 0
6 Indiana PacersIndiana Pacers 82 47 0 35 0:0 0 0
6 Indiana PacersIndiana Pacers 82 47 0 35 0:0 0 0
6 Phoenix SunsPhoenix Suns 82 49 0 33 0:0 0 0
7 Los Angeles LakersLos Angeles Lakers 82 47 0 35 0:0 0 0
7 Philadelphia 76ersPhiladelphia 76ers 82 47 0 35 0:0 0 0
7 Los Angeles LakersLos Angeles Lakers 82 47 0 35 0:0 0 0
7 Philadelphia 76ersPhiladelphia 76ers 82 47 0 35 0:0 0 0
7 Los Angeles LakersLos Angeles Lakers 82 47 0 35 0:0 0 0
7 Philadelphia 76ersPhiladelphia 76ers 82 47 0 35 0:0 0 0
8 New Orleans PelicansNew Orleans Pelicans 82 49 0 33 0:0 0 0
8 New Orleans PelicansNew Orleans Pelicans 82 49 0 33 0:0 0 0
8 New Orleans PelicansNew Orleans Pelicans 82 49 0 33 0:0 0 0
9 Sacramento KingsSacramento Kings 82 46 0 36 0:0 0 0
9 Chicago BullsChicago Bulls 82 39 0 43 0:0 0 0
9 Sacramento KingsSacramento Kings 82 46 0 36 0:0 0 0
9 Chicago BullsChicago Bulls 82 39 0 43 0:0 0 0
9 Chicago BullsChicago Bulls 82 39 0 43 0:0 0 0
9 Sacramento KingsSacramento Kings 82 46 0 36 0:0 0 0
10 Golden State WarriorsGolden State Warriors 82 46 0 36 0:0 0 0
10 Golden State WarriorsGolden State Warriors 82 46 0 36 0:0 0 0
10 Golden State WarriorsGolden State Warriors 82 46 0 36 0:0 0 0
11 Houston RocketsHouston Rockets 82 41 0 41 0:0 0 0
11 Brooklyn NetsBrooklyn Nets 82 32 0 50 0:0 0 0
11 Houston RocketsHouston Rockets 82 41 0 41 0:0 0 0
11 Brooklyn NetsBrooklyn Nets 82 32 0 50 0:0 0 0
11 Brooklyn NetsBrooklyn Nets 82 32 0 50 0:0 0 0
11 Houston RocketsHouston Rockets 82 41 0 41 0:0 0 0
12 Utah JazzUtah Jazz 82 31 0 51 0:0 0 0
12 Toronto RaptorsToronto Raptors 82 25 0 57 0:0 0 0
12 Utah JazzUtah Jazz 82 31 0 51 0:0 0 0
12 Toronto RaptorsToronto Raptors 82 25 0 57 0:0 0 0
12 Toronto RaptorsToronto Raptors 82 25 0 57 0:0 0 0
12 Utah JazzUtah Jazz 82 31 0 51 0:0 0 0
13 Memphis GrizzliesMemphis Grizzlies 82 27 0 55 0:0 0 0
13 Memphis GrizzliesMemphis Grizzlies 82 27 0 55 0:0 0 0
13 Memphis GrizzliesMemphis Grizzlies 82 27 0 55 0:0 0 0
14 San Antonio SpursSan Antonio Spurs 82 22 0 60 0:0 0 0
14 San Antonio SpursSan Antonio Spurs 82 22 0 60 0:0 0 0
14 San Antonio SpursSan Antonio Spurs 82 22 0 60 0:0 0 0
15 Portland Trail BlazersPortland Trail Blazers 82 21 0 61 0:0 0 0
15 Detroit PistonsDetroit Pistons 82 14 0 68 0:0 0 0
15 Portland Trail BlazersPortland Trail Blazers 82 21 0 61 0:0 0 0
15 Detroit PistonsDetroit Pistons 82 14 0 68 0:0 0 0
15 Detroit PistonsDetroit Pistons 82 14 0 68 0:0 0 0
15 Portland Trail BlazersPortland Trail Blazers 82 21 0 61 0:0 0 0

How does NBA Championship Odds Betting Work?

While you can focus strictly on the betting line for the NBA Finals, there are other options for betting on this final best-of-seven series between the best from the East and West.

You can bet in the following ways:

  • Individual game betting markets (moneyline, spread, totals, props, etc.)
  • Finals Futures
  • NBA Finals MVP

If you like to bet on double chance or the winner you should take a closer look at our best betting odds below.

Tuesday20:30
Dallas MavericksDallas Mavericks Minnesota TimberwolvesMinnesota Timberwolves
Over/Under
Bet365O209.5-113
Bet365U209.5-110
Sunday20
Boston CelticsBoston Celtics Indiana PacersIndiana Pacers
Monday20:30
Minnesota TimberwolvesMinnesota Timberwolves Dallas MavericksDallas Mavericks
No upcoming games at this time.

How do NBA Finals Odds Work?

As seen above, multiple markets are available for betting on the NBA Finals. That said, the odds and how they’re offered are slightly different.

For individual games, you’ll have odds on each bet, but there are different standards depending on the type of bet you want to make. For example, if you want to focus on the point spread, the odds on these wagers are typically at or around -110. However, if you want to focus on the moneyline, the odds vary quite differently between each team.

As for futures betting markets, such as predicting the winner and the MVP, this will consist of a list of options and associated odds. Of course, the MVP odds aren’t available until the teams in the championship are determined, but betting on who will win the NBA Finals is a wager you can make from the first day of the season.

How To Read Odds to Win NBA Championship

Betting odds will determine how much money you make off your wager. The easiest way to understand betting odds is to think about it in the context of winning or betting $100.

First and foremost, though, establish the difference between a favored team and an underdog and how they’re notated in NBA Finals odds betting.

Whenever you see a “-,” this will indicate which team or situation is favored. The higher the number next to a “-,” shows what the sportsbook thinks is most likely to happen.

For example, if two teams in the NBA Finals winner futures market have “-” odds, and one is -120, and the other is -150, the one that is -150 is the one the sportsbook deems more likely to succeed.

As for “+” odds, this indicates the underdog and the team with the larger number is the one less likely to succeed. Back to the betting, think of it like this:

  • With “-” odds, the number attached is how much you need to wager to win $100. At -280, you need to wager $280 to win $100.
  • With “+” odds, this number shows how much you’ll make from a $100 wager. At +280, you’d win $280 when you bet $100.

Current NBA Championship Odds

Depending on your state, you may have multiple online sportsbooks to choose from. If this is the case, first determine which team you think will win the finals and check in with each site to see which offers the best odds for the team you think will win the NBA championship.

Futures betting market will consist of a list of teams with NBA odds attached.

Live example taken from a prominent sportsbook:

2023 NBA Champioship Winner
Milwaukee Bucks +300
Boston Celtics +360
Phoenix Suns +475
Denver Nuggets +700
Philadelphia 76ers +900
Golden State Warriors +1100

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NBA Finals Odds Predictions

  • Milwaukee Bucks: The Bucks didn’t lose a game all throughout February, and in March, they’re 11-5 even with Giannis Antetokounmpo missing four games in March alone. They had a miserable 140-99 loss to the Boston Celtics at home on March 29, 2023, but the Bucks sit atop the Eastern Conference rankings and have a perennial MVP candidate.
  • Boston Celtics: Just behind the Bucks in most futures betting markets, the Celtics have two of the best scorers in the game in Jaylen Brown and Jayson Tatum. As mentioned, they dismantled the Bucks, scoring 140 on the road. They shored up interim head coach Joe Mazzulla with a full-time contract and should be a steady presence throughout the postseason.
  • Phoenix Suns: Any time you add Kevin Durant to your roster, you’re only going to get better. However, the main concern with the Suns has been keeping Durant healthy and on the court. While they’re a good team without him with DeAndre Ayton, Devin Booker, and Chris Paul, Durant adds a dimension that makes the Suns one of the most feared teams in the league. It’ll be interesting to see how the chemistry continues to develop and whether or not they’ll have enough of it to take that next step.
  • Denver Nuggets: Nikola Jokic. Nikola Jokic. Nikola Jokic. This team—pretty much—lives and dies by his incredible statistical output. While it’s hard not to root for a guy like Jokic to be successful, the Nuggets will have some difficult competition in the Western Conference, including the tried and true Golden State Warriors and the up-and-coming Sacramento Kings.

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NBA Finals MVP Odds

At the time of this writing, no NBA Finals MVP odds are available since the finals aren’t happening yet. Instead, we’ll use the league MVP futures as an example in the screenshot below. It shows what this bet will look like, only with different players for the participating teams.

As seen below, there will be a list of players that you can bet on with their odds. This correlates to NBA Finals betting in that, of course, you’re picking the most valuable player from the game, but in betting on a player, you’re endorsing that team to win the championship as the award goes to a player on the winning team.

NBA Awards 2022/23 - Regular Season MVP
Joel Embiid -105
Nikola Jokic +110
Giannis Antetokounmpo +500
Jayson Tatum +10 000

Below we provide you with the best high betting odds for the upcoming most important tournaments.

NBA
United States of America
Over/Under
2Way
Tuesday20:30
Dallas MavericksDallas Mavericks Minnesota TimberwolvesMinnesota Timberwolves
Over/Under
Bet365O209.5-113
Bet365U209.5-110
2Way
DraftKingsHome-142
Bet365Away+110
Wednesday20
Boston CelticsBoston Celtics Indiana PacersIndiana Pacers
Thursday20:30
Minnesota TimberwolvesMinnesota Timberwolves Dallas MavericksDallas Mavericks
Friday20
Indiana PacersIndiana Pacers Boston CelticsBoston Celtics
Saturday20:30
Dallas MavericksDallas Mavericks Minnesota TimberwolvesMinnesota Timberwolves
Sunday20
Boston CelticsBoston Celtics Indiana PacersIndiana Pacers

NBA Finals Odds: Individual Games

The NBA Finals can last up to seven games, and you can make wagers on each through various betting markets.

Below are the most popular ways you can do so:

  • Moneyline: Bet on which team you think will win outright.
  • Point Spread: The NBA point spread is used to make the game even. If a team is -2.5, they must win the game by three points or more. If a team is +2.5, they’ll cover the point spread with an outright win or lose by two points or less.
  • Totals: Instead of betting on one team, totals allow you to wager on both as you determine whether the combined score will exceed or fall short of the line provided.
  • Props: The most popular prop bets for NBA championship games are player, game, and team. Player props look at individual statistical performance, while game and team focus on wagers like whether the game goes to overtime, the exact score, or the point total line for each team.
  • Same Game Parlay: While traditional parlays focus on multiple games, Same Game Parlays (SGPs) focus on one game. Here, you can add the moneyline, total, and a player prop to one betslip, for example. Together, you’ll receive enhanced odds beyond if you were to bet on them separately, but for a parlay to succeed, all contests you add to the ticket must win for you to cash it in.

NBA Finals Odds Betting Strategies

Seeding Matters

Since 2010, every NBA Finals winner has been a No. 1, No. 2, or No. 3 seed. The No. 1 seed leads the way with seven wins, followed by the No. 2 and No. 3 seeds, tied with three wins a piece. The last time a team seeded lower than this won the NBA Finals was the Houston Rockets in 1996 as a No. 6 seed. So, when betting on who you think will win the finals, you can essentially narrow it down to six teams. 

Hedge Futures Bets

Now that you know there are six teams to choose from for the most part, you can start betting on this futures market before the postseason begins and hedge before and during the postseason. Hedging is a strategy used to limit losses. For example, if you bet $100 on the Bucks at +240, you could wager $85 on the Celtics at +300. The total amount wagered would be $185, with a hedge profit of $155. 

Odds Shop

If you’re in a state with multiple online sportsbooks, you need to be deploying the strategy on every bet you make from here on out. The odds vary as seen in the screenshots above for the NBA championship winner. For example, if you think the Celtics will win, you’d want to wager with Caesars as they have the best odds at +360. Always seek extra value. It’ll only take a few minutes and could add more money to your bankroll. 

Leverage Welcome Bonuses and Existing Player Promotions

Going back to if you have multiple sportsbooks in your state, you’ll have access to numerous welcome offers and existing player promotions. When the NBA championship rolls around, there could be enhanced welcome bonuses or, at the very least, promotions dedicated to the finals, such as parlay insurance, boosted odds, and more. Use these to win more money. 

Vary the Types of Bets You Make

As seen above, there are multiple ways to wager, so ensure you’re using your bankroll to wager on futures and individual games. Like investing in the stock market, having variety has more upside to improve your chances of winning. 

The “Third Game” Strategy

If in the NBA Finals, a team finds themselves down 0-2, the third game is where they’ll usually get back on track and get back in the series. This happened in 2021 with the Bucks, going down 0-2 to the Phoenix Suns before winning Game 3 and, ultimately, the series. This applies especially to the road team in the first two games, as Game 3 will be their first home game in the series. 

Getting Started On Odds to Win NBA Finals Betting

  • Check out our online sportsbook reviews. Our in-depth reviews focus on how well a site operates, the available betting markets, the welcome bonus, and more.
  • Once you’ve picked where you want to play and know it’s available in your state, head to their desktop site or download the mobile app.
  • Create an account. This process usually takes up to five minutes. You’ll need to provide personal information, such as your name, email, address, and more.
  • Make your first deposit. If the welcome bonus calls for a minimum deposit, meet that threshold.
  • Go to the NBA betting page to locate the NBA finals odds betting markets or the individual game.
  • Add your bet to your betslip, input the amount you want to wager, confirm it, and wait for the results.

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Our professionals will continue to guide you with helpful tips and great odds so that you can place your bets on the most important upcoming events. Click on "go to analysis" and see the individual bets.

NBA
Dallas Mavericks Minnesota Timberwolves
Dallas Mavericks Minnesota Timberwolves
Tuesday20:30
American Airlines Center
Tip:
Over/Under: Total Under 209.5
-110
Bet365
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NBA
Boston Celtics Indiana Pacers
Boston Celtics Indiana Pacers
Wednesday20
TD Garden
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NBA
Minnesota Timberwolves Dallas Mavericks
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Thursday20:30
Target Center
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NBA
Indiana Pacers Boston Celtics
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Friday20
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NBA
Dallas Mavericks Minnesota Timberwolves
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Boston Celtics Indiana Pacers
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Past Matches

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Boston Celtics Philadelphia 76ers
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16. October20
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Golden State Warriors Oklahoma City Thunder
Golden State Warriors Oklahoma City Thunder
16. October22:30
Chase Center
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Conclusion on NBA Finals Vegas Odds

The NBA season runs from October to June and the playoffs run through multiple series starting in April. At the end of it, in June, crowning the NBA champion is a big deal and is one of the most highly anticipated sports betting events.

After reading this page, we hope you better understand the various betting markets for the NBA finals, how to get started with betting, some strategies you can use to make this betting market easier to win money off of, and more.

As we approach the beginning of the Play-In Tournament on April 11, 2023, bookmark this page and come back as you gear up for the final (no pun intended) stretch of the 2022-23 NBA season.

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