NBA Championship Odds 2024-25: Celtics, Thunder, & Cavaliers Updates
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The NBA Championship odds 2024-25 have Boston and Oklahoma City as the frontrunners. After winning last year, Boston has been coasting through the season so far. Could the frontrunners to go back-to-back?
NBA Championship Odds 2024-25
Find the latest NBA Championship odds for the 2024-25 season. Shop these NBA Championship odds across multiple sportsbooks below.
NBA Championship Odds: Explained
NBA Championship Odds are very straightforward: they define the quantitative odds placed on a team to win the NBA Championship. It is one of the more straightforward futures bets to understand.
Therefore, it can be a favorite for beginners and experienced bettors. Below, we will discuss more specific examples of NBA Championship odds bets for the 2023-24 season and which teams are currently favored to win it all!
NBA Championship Odds: Changes
NBA Championship odds can be ever-changing until the actual event, series, or game occurs. What that means in the context of title odds is that these odds can change constantly based on injuries or a player or team’s performance.
There are constant changes in the NBA, whether an injury to a key or role player, locker room turmoil, coaching changes, and team chemistry. These changes are quantified and expressed in the change in a team’s title odds.
For instance, if a team is on the verge of being eliminated from the NBA Playoffs, their odds will drastically decrease. Sometimes betting early on a team to win the title can be beneficial (i.e., betting on the Golden State Warriors before the season to win the title in 2022) or can be detrimental (i.e., betting on the Lakers or Nets before the season to win the title.)
That is the risk of the betting type and is also why you can get more favorable odds on teams that you would think would be heavily favored.
NBA Championship Odds: Futures Bettors
NBA Championship Odds bettors are very speculative. These bettors spend a lot of time and money wagering on NBA futures bets and usually have a strong opinion on a specific team. This could be because of an off-season acquisition, free-agent signing, coaching change, or even a gut feeling. Having a bet that lasts so long before you win or lose can be fun, and some bettors enjoy that aspect of it.
Every team has NBA Championship odds, but that does not mean that they are all worth betting on. Some teams are in the midst of a complete rebuild, and despite having very enticing odds at +50000, there is no real reason to bet on these teams, as the odds they even make the playoffs are extraordinarily low.
For more NBA content, check out our Lineups YouTube page for matchup previews and analysis on the direction of specific teams!
NBA Championship Odds FAQ
Which team won the NBA Championship last season?
The Denver Nuggets won the 2022-23 NBA Championship behind multiple iconic playoff performances from two-time MVP Nikola Jokic and Jamal Murray. Denver coasted to the NBA Finals without much trouble and then won the series in just five games against the red-hot Miami Heat.
Which NBA team has the most championships?
The Los Angeles Lakers and Boston Celtics are tied for the most NBA Championships with 17 apiece. If Boston had won the NBA Finals in the 2021-22 season, it would have been in the lead with 18. However, they didn’t, and the Golden State Warriors increased their own championship total to 7.
What do NBA Championship Odds stand for?
NBA Championship odds for each team are listed out by sportsbooks based on each team’s probability of winning the NBA Finals. These odds fluctuate throughout the season based on every team’s performance, any applicable injuries, and trades or signings that could improve or hurt their chances.
Which team has the best NBA Championship Odds in 2024-25?
The Celtics and Thunder are two of the top teams from their respective conferences that have the best NBA Championship odds so far this season.
Where can I bet on NBA Championship odds?
Vegas has always been a popular place to bet on NBA Championship odds; however, it is not always feasible to take a trip to Vegas. The most popular option for betting on NBA Championship odds is via online sportsbooks. See if your state has legalized sports betting on our site.