
The Miami Heat acquired former NBA Most Valuable Player Giannis Antetokounmpo late Monday, shaking up the league only hours before the NBA Draft. It's also changed the odds for the Heat to win the NBA Finals in 2027.
According to bet365 Sportsbook, Miami is now at +1800 to win the next NBA Finals. On Monday, that betting app had the Heat listed at +3850. Similarly, DraftKings and FanDuel have lowered odds on Miami, from +4000 (FanDuel) to +2000.

(Photo by Patrick McDermott/Getty Images)
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Which means bettors who got their wagers in before the trade have a chance to win twice as much if the Heat win the NBA Finals.
Milwaukee sent Antetokounmpo and Bobby Portis to Miami, and in return received Tyler Herro, Kel'el Ware, Jaime Jaquez Jr., Kasparas Jakucionis, and three first-round picks. That includes Miami's No. 13 pick in the draft that will take place on Tuesday. Milwaukee also gets two other picks in future years: a pick swap in 2030, and Miami's second-round pick in 2033.
| TEAM | ODDS (BET365) |
|---|---|
| San Antonio Spurs | +250 |
| Oklahoma City Thunder | +260 |
| Boston Celtics | +625 |
| New York Knicks | +700 |
| Miami Heat | +1800 |
| Denver Nuggets | +2500 |
| Detroit Pistons | +2500 |
| Los Angeles Lakers | +3000 |
| Minnesota Timberwolves | +3300 |
| Indiana Pacers | +3500 |
| Milwaukee Bucks | +30000 |
With Antetokounmpo on the Heat roster, oddsmakers now place only the Boston Celtics and New York Knicks ahead of Miami for NBA Finals odds among Eastern Conference teams.
| TEAM | ODDS (BET365) |
|---|---|
| Boston Celtics | +220 |
| New York Knicks | +280 |
| Miami Heat | +600 |
| Detroit Pistons | +900 |
| Indiana Pacers | +1200 |
| Cleveland Cavaliers | +1400 |
| Philadelphia 76ers | +2000 |
| Atlanta Hawks | +2000 |
| Orlando Magic | +2000 |
| Charlotte Hornets | +2200 |
| Milwaukee Bucks | +10000 |
The addition of Antetokounmpo is not a guarantee that Miami will vault to the NBA Finals. The man they call "The Greek Freak" will turn 32 in December. He played a career-low 36 games last season due to multiple injuries suffered to his leg and knee. Once considered an elite defender, Antetokounmpo will be challenged to prove that he can still be a mobile in a league where big men are asked to play out to the 3-point line.
Antetokounmpo spent 13 seasons with the Milwaukee Bucks, leading that team to the NBA title in 2021. He was the NBA MVP in 2019 and 2020, and he was also named the league's Defensive Player of the Year in 2020. He has a career average of 24.1 points per game, 9.9 rebounds, and 5 assists.
The Bucks now have the fifth-worst odds to win the 2027 NBA title according to bet365. Milwaukee now checks in with +30000 alongside the Brooklyn Nets following the trade of Antetokounmpo. Its odds to win the Eastern Conference sit at +10000 today.
