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  • Track 2021 NBA Championship odds for all 30 teams
  • The Nets are approaching consensus favorite status, just behind the Lakers
  • View teams individually or compared to others trending in the same direction

We’ve been tracking the NBA championship odds for all 30 teams since they became available and have included the info below. The graphs on this page are generated by calculating the average from many of our most trusted sportsbooks.

2020-21 NBA Championship Odds

2021 NBA Championship Odds

Team Odds
Los Angeles Lakers +280
Brooklyn Nets +300
Los Angeles Clippers +550
Milwaukee Bucks +700
Utah Jazz +850
Philadelphia 76ers +1300
Boston Celtics +3000
Denver Nuggets +3000
Miami Heat +3600
Dallas Mavericks +4200
Phoenix Suns +4200
Toronto Raptors +5500
Indiana Pacers +6000
Portland Trail Blazers +6500
Golden State Warriors +10000
Atlanta Hawks +16000
New Orleans Pelicans +16000
San Antonio Spurs +16000
Charlotte Hornets +16000
New York Knicks +24000
Memphis Grizzlies +24000
Sacramento Kings +24000
Chicago Bulls +25000
Orlando Magic +25000
Washington Wizards +25000
Cleveland Cavaliers +25000
Detroit Pistons +25000
Minnesota Timberwolves +25000
Houston Rockets +25000
Oklahoma City Thunder +25000

Odds taken February 24th

[February 25] With AD on the shelf due to his calf injury, the Lakers are laboring as they’ve lost five of six, opening the door for the Nets to close the gap. Brooklyn has improved to average odds of +313, while LAL sits at +270

[February 18] Utah’s odds are continually improving as they keep mowing teams down nightly, now at an average odds of +1150

[February 9] The Sixers and Jazz have seen their odds dramatically improved as two of the hottest teams in the league, while the preseason darkhorse Mavericks have all but ejected from the title race, now at average odds of +4300

[February 2] Despite currently owning the best offensive rating in the league, the Nets also own the worst defensive rating in the league and have seen their average odds fade to +388

[January 20] The Lakers and Nets are consensus favorites a week after the James Harden trade

[January 13] After the blockbuster deal for James Harden, the Nets have surged to +270 favorites for the championship, just behind the Lakers who are +260

[January 11] Despite now dealing with COVID-19 issues, the 76ers odds continue to improve, as they’ve shortened to +1600 from last week

[January 5] After assuming 2nd favorite position, the Nets have faded back into a tie behind the Lakers with the Clippers and Bucks. LAL are still well ahead of the pack at average odds of +245

[December 28] Through the opening week of play KD and Kyrie have impressed in Brooklyn, as the Nets average odds are down to +520

[December 23] Despite big opening night wins, the Nets and Clippers odds remain unchanged, while the Miami Heat have surged into the top five, at average odds of +1550 to return to the Finals and win a title

[December 16] Odds have mostly held steady with less than a week to go before the season begins, with the Lakers in pole position at +273

[December 3] With Russell Westbrook headed to DC and the unsure thing that is John Wall joining James Harden in Houston, the Rockets average title odds have fallen from +3100 to +6500

[November 30] The majority of roster movement is likely finished for the league as training camps near, and the Lakers have strengthened their favorite position, now at odds of +285 to go back-to-back as champions

[November 23] By signing Harrell and Gasol, the Lakers got needed reinforcements for AD in the front court, and are now heavy +290 favorites to repeat after the first weekend of free agency. With Klay Thompson confirmed out for the season, the Warriors average odds have plummeted to +2750

[November 19] With Klay Thompson reportedly suffering some kind of serious right leg injury and the drafting of James Wiseman, the Warriors odds have been on the move, but are settling at an average of +1000

[November 16] In the first blockbuster of the season, Phoenix acquired Chris Paul from the Thunder for a package anchored by Ricky Rubio and Kelly Oubre. The Suns average odds shortened to +4250 from +6500 after the deal. The Nets odds have also shortened to an average of +700, as speculation heats up James Harden could be traded from Houston to join Kevin Durant and Kyrie Irving

[November 10] The Clippers have slightly faded to average odds of +550 for the ’21 title, and we should expect more shifting amongst contenders after next week’s draft

[October 27] The Nets have shortened to +800 on average to win next year’s title, although the potential Christmas start date to next season that’s been reported as an option could have Brooklyn shorthanded early on as Kevin Durant and Kyrie Irving are still rehabbing their injuries.

Looking for the latest NBA odds? – Get current spreads, totals, and moneyline odds for tonight’s games here.

The best way of predicting the future is to look back into the past. Here are some interesting trends to consider before making a wager:

  • The Western Conference has won eight of the last 12 NBA championships
  • Six of the last 12 NBA championships have been won by a team from the Pacific Division
  • LeBron James has been to the NBA Finals in eight of the last nine seasons
  • Teams that win the first game of a best-of-seven series win the series 76% of the time
  • Teams that win the first two games of a best-of-seven series win the series 94% of the time
  • Teams that win the first three games of a best-of-seven series win the series 100% of the time

Atlantic Division

With Kyrie Irving and Kevin Durant both expected to be fully healthy by the time next season begins, Brooklyn are the Atlantic’s top contender at average odds of +1200

Team NBA Championships Finals Appearances Last Championship Last Finals Appearance
Boston Celtics 17 21 2008 2010
Brooklyn Nets 0 0 N/A N/A
New York Knicks 2 8 1973 1999
Philadelphia 76ers 3 9 1983 2001
Toronto Raptors 1 1 2019 2019

Central Division

Despite another playoff loss before reaching the Finals, as long as Giannis Antetokounmpo is a member of the Bucks they’ll be considered one of the favorites. Their odds to win it all in 2021 are +550.

Team NBA Championships Finals Appearances Last Championship Last Finals Appearance
Chicago Bulls 6 6 1998 1998
Cleveland Cavaliers 1 5 2016 2018
Detroit Pistons 3 7 2004 2005
Indiana Pacers 0 1 N/A 2000
Milwaukee Bucks 1 2 1971 1974

Southeast Division

Can Miami replicate their bubble success when the league returns to a traditional format next year? The oddsmakers believe in Jimmy Butler’s squad, as they’re +1500 to finish the job and win a title.

Team NBA Championships Finals Appearances Last Championship Last Finals Appearance
Atlanta Hawks 1 4 1958 1961
Charlotte Hornets 0 0 N/A N/A
Miami Heat 3 6 2013 2020
Orlando Magic 0 2 N/A 2009
Washington Wizards 1 4 1978 1979


Northwest Division

Denver nearly made it to the Finals as the cinderella of the West this season, and have odds of +1600 to win the championship in ’21.

Team NBA Championships Finals Appearances Last Championship Last Finals Appearance
Denver Nuggets 0 0 N/A N/A
Minnesota Timberwolves 0 0 N/A N/A
Oklahoma City Thunder 0 1 N/A 2012
Portland Trail Blazers 1 3 1977 1992
Utah Jazz 0 2 N/A 1998

Pacific Division

LeBron won ring #4 in the bubble, and with Anthony Davis likely resigning in Laker Land this winter, will chase a repeat as +350 favorites.

Team NBA Championships Finals Appearances Last Championship Last Finals Appearance
Golden State Warriors 6 10 2018 2019
Los Angeles Clippers 0 0 N/A N/A
Los Angeles Lakers 17 32 2020 2020
Phoenix Suns 0 2 N/A 1993
Sacramento Kings 1 1 1951 1951

Southwest Division

In a division filled with coaching and roster uncertainty, the Houston Rockets and James Harden are presumptive favorites at +1600 – although they’ll be dealing with a new coach.

Team NBA Championships Finals Appearances Last Championship Last Finals Appearance
Dallas Mavericks 1 2 2011 2011
Houston Rockets 2 4 1995 1995
Memphis Grizzlies 0 0 N/A N/A
New Orleans Pelicans 0 2 N/A N/A
San Antonio Spurs 5 6 2014 2014

NBA Teams That Have Never Won a Championship

Team Playoff Appearances
Phoenix Suns 29
Utah Jazz 27
Indiana Pacers 25
Denver Nuggets 24
Orlando Magic 14
Los Angeles Clippers 13
Memphis Grizzlies 10
Minnesota Timberwolves 9
Oklahoma City Thunder 8
New Orleans Pelicans 7
Charlotte Hornets 7
Brooklyn Nets 3

No NBA team has endured a longer championship drought than the Kings, who have gone 67 years without hoisting the NBA’s top trophy. That isn’t likely to change anytime soon as Sacramento has finished below .500 in each of the last 12 seasons and are still in the midst of a seemingly endless rebuild.

Archived NBA Championship Odds: 2020, 2019, 2018

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Mitch graduated from Ryerson University's Sport Media program in June of 2018, and has been with SBD since 2019. He's worked in broadcast and digital for the Score, Sportsnet, TSN & CBC and has done play-by-play work for basketball at all levels including NCAA, Pan Am Games & U Sports.