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2025 NBA Championship Odds: Track All 30 Teams’ Odds to Win NBA Finals
Updated June 18, 2024 | Author: Sascha Paruk
- 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
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 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.
2025 NBA Championship Favorites
Team
|
Best Odds
|
|
|
|
|
|---|---|---|---|---|---|
|
BOS
|
-
|
+300
|
+300
|
+300
|
|
|
DEN
|
-
|
+750
|
+750
|
+800
|
|
|
MIN
|
-
|
+850
|
+900
|
+800
|
|
|
OKL
|
-
|
+900
|
+900
|
+1000
|
|
|
MIL
|
-
|
+900
|
+1000
|
+1000
|
|
|
DAL
|
-
|
+1000
|
+900
|
+900
|
|
|
PHI
|
-
|
+1200
|
+1400
|
+1200
|
|
|
NEW
|
-
|
+1600
|
+1600
|
+1200
|
|
|
LAC
|
-
|
+3000
|
+2500
|
+2500
|
|
|
PHO
|
-
|
+3500
|
+2500
|
+3300
|
|
|
MIA
|
-
|
+3000
|
+3500
|
+2800
|
|
|
GOL
|
-
|
+3500
|
+3000
|
+3300
|
|
|
LOS
|
-
|
+4000
|
+3500
|
+2500
|
|
|
CLE
|
-
|
+5000
|
+4000
|
+2500
|
|
|
MEM
|
-
|
+5000
|
+4000
|
+5000
|
|
|
IND
|
-
|
+5000
|
+5000
|
+5000
|
|
|
NEW
|
-
|
+5000
|
+5000
|
+5000
|
|
|
SAC
|
-
|
+5500
|
+5000
|
+4000
|
|
|
ORL
|
-
|
+8000
|
+6600
|
+6000
|
|
|
ATL
|
-
|
+10000
|
+10000
|
+6500
|
|
|
HOU
|
-
|
+15000
|
+12500
|
+6500
|
|
|
SAN
|
-
|
+15000
|
+12500
|
+6500
|
|
|
CHI
|
-
|
+55000
|
+25000
|
+12500
|
|
|
UTA
|
-
|
+100000
|
+50000
|
+12500
|
|
|
BRO
|
-
|
+100000
|
+50000
|
+12500
|
|
|
POR
|
-
|
+100000
|
+100000
|
+15000
|
|
|
TOR
|
-
|
+100000
|
+50000
|
+15000
|
|
|
DET
|
-
|
+100000
|
+100000
|
+20000
|
|
|
CHA
|
-
|
+100000
|
+50000
|
+20000
|
|
|
WAS
|
-
|
+100000
|
+100000
|
+20000
|
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.
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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.
- Caesars Sportsbook promos
- BetMGM Sportsbook promos
- FanDuel Sportsbook promos
- DraftKings Sportsbook promos
Five Past NBA Championship 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: 2024, 2023, 2022, 2021, 2020, 2019, 2018
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.
