Bet $5 & Get $150 in Bonus Bets if Your Bet Wins
2025 NBA Championship Odds: Track All 30 Teams’ Odds to Win NBA Finals
By Sascha Paruk
Updated:
- This page displays the odds to win the 2025 NBA title
- The odds represent the average 2025 NBA championship odds at online sportsbooks
- The reigning-champion Boston Celtics have opened as 2025 NBA title favorites
This page tracks the NBA championship odds to win the 2025 NBA championship. The first graph on the page displays the average odds for all teams at various points throughout the preseason, regular season, and postseason. The table under the graph shows the current NBA championship odds from one of the major online sportsbooks in North America.
2025 NBA Championship Odds
Team
|
Best Odds
|
|
|
|
|
|---|---|---|---|---|---|
 OKC |
|
+275 BET NOW | +240 BET NOW | +225 BET NOW | +265 BET NOW |
 HOU |
|
+800 BET NOW | +800 BET NOW | +700 BET NOW | +850 BET NOW |
 CLE |
|
+800 BET NOW | +850 BET NOW | +850 BET NOW | +825 BET NOW |
 NYK |
|
+900 BET NOW | +800 BET NOW | +850 BET NOW | +825 BET NOW |
 DEN |
|
+700 BET NOW | +800 BET NOW | +1100 BET NOW | +700 BET NOW |
 LAL |
|
+1400 BET NOW | +1400 BET NOW | +1400 BET NOW | +1400 BET NOW |
 MIN |
|
+1800 BET NOW | +1600 BET NOW | +1300 BET NOW | +1700 BET NOW |
 ORL |
|
+1300 BET NOW | +1600 BET NOW | +1900 BET NOW | +2000 BET NOW |
 GSW |
|
+3000 BET NOW | +2000 BET NOW | +1800 BET NOW | +1900 BET NOW |
 LAC |
|
+2000 BET NOW | +2500 BET NOW | +3000 BET NOW | +2500 BET NOW |
 DAL |
|
+3500 BET NOW | +2800 BET NOW | +3000 BET NOW | +2500 BET NOW |
 PHI |
|
+3000 BET NOW | +3300 BET NOW | +3500 BET NOW | +2800 BET NOW |
 BOS |
|
+4000 BET NOW | +3300 BET NOW | +4000 BET NOW | +4500 BET NOW |
 ATL |
|
+2500 BET NOW | +3300 BET NOW | +5500 BET NOW | +3300 BET NOW |
 SAS |
|
+5000 BET NOW | +4000 BET NOW | +5500 BET NOW | +5000 BET NOW |
 MIL |
|
+6600 BET NOW | +6000 BET NOW | +4000 BET NOW | +6000 BET NOW |
NBA Championship odds above are updated every 15-60 minutes from all top sports betting apps, including DraftKings, FanDuel, and BetMGM among others. Claim the DraftKings promo code to bet on the NBA.
2025 NBA Championship Favorites
The opening 2025 NBA Championship odds heavily favor the Boston Celtics, who are +301 on average to win their second consecutive title. Boston is widely expected to have all its significant contributors from last year’s dominant squad back in the 2024-25 season. No other team is shorter than +740 in the early 2025 NBA title odds.
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 slight 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.
For more NBA odds boosts, use this bet365 bonus code that offers $200 bet credits for new users. Also, be sure to keep an eye out for the latest ESPN BET promo that’s eligible to use on NBA games, as the new sportsbook from the Worldwide Leader in Sports will likely be offering numerous basketball betting bonuses. Charlotte Hornets fans will have the delight of signing up with the best NC sportsbook apps this March.
Looking for the latest NBA odds? – Get current spreads, totals, and moneyline odds for tonight’s games here.
How to Bet on the NBA Finals
If you’re new to betting on the NBA, all the same types of ways to bet on basketball are available for the NBA Finals. There’s also usually a robust market of props and special wagers available for each NBA Finals game. Continue scrolling for all the ways to bet on the NBA Championship odds.
Moneyline
The easiest NBA bet available is the moneyline, and it’s also the most common. When you bet the moneyline, you’re betting on who will win the game straight up. The margin of victory does not matter.
Reading moneyline odds is straightforward. Whichever team has a “+” number next to it is the underdog, while the team with a “-” next to it is the favorite. The associated numbers indicate the implied probability that the sports betting site has assigned to each team’s chances of winning the game. The best odds can also be used to calculate your prospective winnings.
Point Spread
If you place a spread bet on the favorite, they have to win by a specified number of points. Conversely, if you bet on the underdog, they have to not lose by the specified number of points.
For example, if the Warriors are -3.5 favorites in Game 1 of the NBA Finals, they would have to win by at least four points for you to win your bet on Golden State. If you took the opponent +3.5, they would have to lose by three points or less for you to cash your ticket.
You can also bet point spreads in live betting, and watch for them to change before the games begin due to injury news or an influx of money being bet on one side or the other.
Total Points
Totals betting (also known as over/under betting) is also relatively straightforward. Simply put, you are placing a bet on the total points scored in a game. Calculate the total score by adding the points each team scored together.
In our example, the total is set at 210.5. If you bet on the over, you’re betting that Golden State and Boston’s combined final scores will be more than 210.5 points. Just like placing a bet against the spread, half-points are used to avoid the possibility of a push, or tie.
Prop Bets
With fantasy sports exploding, player prop betting has seen an equal rise in popularity amongst NBA bettors. This includes wagering on specific players or events within games.
You can bet on player points, rebounds, assists, three-pointers made and defensive stats – as well as combos of all put together for most of the top player in any NBA Finals game.
There’s also team props available on winning margins, race to X number of points, first team and first basket scored among many others.
Live Betting
Many sports betting sites offer live NBA betting markets, allowing you to place bets on games that are already underway.
Just like a regular pre-game bet, you’re able to bet on the moneyline, spread, total, and several interesting props. That said, the spread and odds will be adjusted in real-time, based on the progression of the game and the number of incoming bets.
Best NBA Sports Betting Promos
In order to maximize the value on your wagers, especially as you start out sports betting, it is imperative to use all the NBA sports-betting promos at your disposal. While not many of these are focused on futures bets – like NBA Championship markets – the championship futures can still give you a good gauge of the relative balance of power in the Association.
The links in the list below will take you directly to a page with all the available promos from the country’s top-five sportsbooks.
Past Ten NBA Finals Winners
| Year | Team |
|---|---|
| 2024 | Boston Celtics |
| 2023 | Denver Nuggets |
| 2022 | Golden State Warriors |
| 2021 | Milwaukee Bucks |
| 2020 | Los Angeles Lakers |
| 2019 | Toronto Raptors |
| 2018 | Golden State Warriors |
| 2017 | Golden State Warriors |
| 2016 | Cleveland Cavaliers |
| 2015 | Golden State Warriors |
With their win in 2021, the Milwaukee Bucks broke a 49-season title drought – with Giannis Antetokounmpo now immortalized alongside Oscar Robertson and Kareem Abdul-Jabbar in Bucks lore. The Denver Nuggets followed suit in 2023, finally claiming their first championship in the 47-year NBA history of the franchise.
NBA Teams That Have Never Won a Championship
| Team | Playoff Appearances |
|---|---|
| Phoenix Suns | 31 |
| Utah Jazz | 28 |
| Indiana Pacers | 26 |
| Orlando Magic | 15 |
| Los Angeles Clippers | 15 |
| Memphis Grizzlies | 11 |
| Minnesota Timberwolves | 10 |
| Oklahoma City Thunder | 9 |
| New Orleans Pelicans | 8 |
| Charlotte Hornets | 7 |
After coming oh-so-close in the 2021 finals by going up 2-0, the Phoenix Suns title drought is the longest in the league.
NBA Championship FAQ
Who won the NBA Finals in 2024?
The Boston Celtics won the NBA Finals in 2024 by defeating the Dallas Mavericks in five games.
Who is favored to win the NBA Finals 2025?
The Boston Celtics have opened as favorites to repeat as champions next season, well ahead of the likes of Denver, OKC, Dallas, and Minnesota.
What NBA teams have never won a championship?
The Suns, Jazz, Pacers, Magic, Clippers, Grizzlies, Timberwolves, Thunder, Pelicans and Hornets have never won an NBA Championship.
Who has the most NBA championship rings?
The Boston Celtics won their 18th NBA Championship in 2024, surpassing the Los Angeles Lakers, who remain on 17.
Archived NBA Championship Odds:
Sascha Paruk
Managing Editor
Sascha has been working in the sports-betting industry since 2014, and quickly paired his strong writing skills with a burgeoning knowledge of probability and statistics. He holds an undergraduate degree in linguistics and a Juris Doctor from the University of British Columbia.
NFL
NBA
MLB
NHL
NCAAF
NCAAB
Politics
Tennis
MMA
Sportsbooks
Gambling
