2025 NBA Championship Odds

• This page tracked the odds to win the 2025 NBA Championship
• The Oklahoma City Thunder won the 2025 NBA Championship over the Indiana Pacers, 4-3
• Looking for the current NBA Championship odds?

This page tracked the odds to win the 2025 NBA Championship, won by the Oklahoma City Thunder who outlasted the Indiana Pacers, winning four games to three in the Best-of-Seven final. The graph below details the odds movement for all 30 NBA teams through the preseason, regular season, and playoffs, leading up to the final game of the NBA Finals.

Odds to Win 2025 NBA Championship

NBA Finals Top 8 9-20 21-30

NBA Title Odds Movement Timeline

• June 20 – For the first time since 2016, we’re getting a Game 7! The Pacers’ (+260) decisive Game 6 win is sending the finals back to OKC, where the Thunder (-325) remain as favorites.
• June 17 – The Thunder are just one win away from their first NBA Championship! A dominant win over the Pacers in Game 5 now has OKC as short as -1750 to capture the title in Game 6 on Thursday.
• June 11 – After winning Game 3 116-107, Indiana’s title odds have shortened to +185, but I get the feeling that they won’t officially become favorites until they win a third game in this series.
• June 9 – With the series levelled at 1-1 as it moves to Gainbridge Fieldhouse, OKC is back to being a -550 favorite to win the NBA Finals.
• June 6 – The Pacers have done it again. Indiana erased another double-digit deficit in the 2025 playoffs to win Game 1 in OKC, and have moved to +245 to win the series.
• June 2 – The NBA Finals are set! The Thunder open as massive -700 favorites in their second-ever finals appearance against the Pacers, who are getting roughly +500 to win their first championship.
• May 20 – We’re down to our final four teams! The Thunder head into the conference finals as odds-on favorites to capture their first title in OKC, averaging -169 odds as of Monday night.
• May 9 – Despite stealing a win in Minnesota, the Warriors saw their title odds rise to +3000, largely due to Stephen Curry’s hamstring injury keeping him out for the next week.
• May 5 – The Timberwolves’ average title odds shortened dramatically, from +3371 to +1443, thanks to their defeat of the Lakers in the first round and the benefit of facing the seventh-seeded Warriors in the Western semifinals.
• April 11 – Heading into the last weekend of the season, the best NBA Championship odds in the West belong to the Thunder (+165) and Warriors (+1300), while the Celtics (+215) and Cavs (+650) are leading the charge in the East.
• March 5 – For the first time all season, the Boston Celtics are not favorites to win the NBA Championship. The Thunder are now averaging just +193 to win their first NBA title.
• February 1 – The Lakers and Mavericks completed a blockbuster trade on Saturday night, with Luka Doncic heading to LA for Anthony Davis. The Lakers’ Title odds improved to +2000, while the Mavs faded to +3000.
• June 18 – Boston is a +301 favorite, on average, to win its second straight NBA Championship, with second-favorite Denver back at +740. Minnesota (+860), Dallas (+930), and OKC (+930) round out the top-five favorites.