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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.
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
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GP | W | D | L | GF/GA | +/- | PTS | Form | |
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1 | Cleveland Cavaliers | 8 | 8 | 0 | 0 | 0:0 | 0 | 0 |
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1 | Miami Heat | 5 | 2 | 0 | 3 | 0:0 | 0 | 0 |
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1 | Oklahoma City Thunder | 7 | 7 | 0 | 0 | 0:0 | 0 | 0 |
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2 | Boston Celtics | 8 | 7 | 0 | 1 | 0:0 | 0 | 0 |
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2 | Orlando Magic | 8 | 3 | 0 | 5 | 0:0 | 0 | 0 |
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2 | Phoenix Suns | 7 | 6 | 0 | 1 | 0:0 | 0 | 0 |
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3 | Atlanta Hawks | 8 | 3 | 0 | 5 | 0:0 | 0 | 0 |
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3 | Golden State Warriors | 7 | 6 | 0 | 1 | 0:0 | 0 | 0 |
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4 | Houston Rockets | 7 | 4 | 0 | 3 | 0:0 | 0 | 0 |
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4 | New York Knicks | 6 | 3 | 0 | 3 | 0:0 | 0 | 0 |
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4 | Washington Wizards | 5 | 2 | 0 | 3 | 0:0 | 0 | 0 |
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5 | Brooklyn Nets | 8 | 4 | 0 | 4 | 0:0 | 0 | 0 |
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5 | Charlotte Hornets | 7 | 2 | 0 | 5 | 0:0 | 0 | 0 |
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5 | Los Angeles Lakers | 7 | 4 | 0 | 3 | 0:0 | 0 | 0 |
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6 | Chicago Bulls | 7 | 3 | 0 | 4 | 0:0 | 0 | 0 |
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6 | Dallas Mavericks | 7 | 4 | 0 | 3 | 0:0 | 0 | 0 |
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7 | Indiana Pacers | 7 | 3 | 0 | 4 | 0:0 | 0 | 0 |
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7 | Minnesota Timberwolves | 7 | 4 | 0 | 3 | 0:0 | 0 | 0 |
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8 | Sacramento Kings | 7 | 4 | 0 | 3 | 0:0 | 0 | 0 |
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9 | Denver Nuggets | 7 | 4 | 0 | 3 | 0:0 | 0 | 0 |
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10 | Detroit Pistons | 8 | 3 | 0 | 5 | 0:0 | 0 | 0 |
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10 | Memphis Grizzlies | 8 | 4 | 0 | 4 | 0:0 | 0 | 0 |
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11 | LA Clippers | 7 | 3 | 0 | 4 | 0:0 | 0 | 0 |
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12 | San Antonio Spurs | 7 | 3 | 0 | 4 | 0:0 | 0 | 0 |
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13 | Portland Trail Blazers | 8 | 3 | 0 | 5 | 0:0 | 0 | 0 |
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13 | Toronto Raptors | 8 | 2 | 0 | 6 | 0:0 | 0 | 0 |
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14 | New Orleans Pelicans | 8 | 3 | 0 | 5 | 0:0 | 0 | 0 |
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14 | Philadelphia 76ers | 6 | 1 | 0 | 5 | 0:0 | 0 | 0 |
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15 | Milwaukee Bucks | 7 | 1 | 0 | 6 | 0:0 | 0 | 0 |
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15 | Utah Jazz | 7 | 1 | 0 | 6 | 0:0 | 0 | 0 |
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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:
If you like to bet on double chance or the winner you should take a closer look at our best betting odds below.
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.
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:
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 | |
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Milwaukee Bucks | +300 |
Boston Celtics | +360 |
Phoenix Suns | +475 |
Denver Nuggets | +700 |
Philadelphia 76ers | +900 |
Golden State Warriors | +1100 |
The NBA bookies with the best odds blow your mind? We are happy about that, but we can do more. In our portfolio we offer the best sports betting alternatives with the highest odds. Also, don't forget to take advantage of the great new customer bonus when you place your bet with a new bookmaker.
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 | |
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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.
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:
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.
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.
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.
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.
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.
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.
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.
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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