2024-25 NBA Championship Betting Odds
For the first time since the 2022-23 season we have a new favorite to win the NBA championship. The position was held by the Boston Celtics, who were the futures odds favorite before the start of last season. And they never relinquished the spot winning the Eastern Conference by 14 games and needing only 19 games to win a record 18th NBA title. That set Boston up as the favorite ahead of this NBA season, and while they haven’t done anything to sway those odds, the Oklahoma City Thunder are playing lights out. OKC arrived on the scene in the 2022-23 season winning 40 games, a 16-game improvement from the season before. Last year they earned the No. 1 seed in the Western Conference winning 57 games and they boast nearly the same roster led by MVP front-runner Shai Gilgeous-Alexander.
It’s the Cleveland Cavaliers who boast the best record in the NBA, though, winning 36 of their first 42 games. They opened the year winning 15 consecutive games and also had a 12-game winning streak. They split two games with the Thunder this month winning 129-122 at home and falling 134-114 in OKC. They currently have the shortest futures odds they’ve had all season and the Cavs are the most profitable team at the betting window with a cover rate of 69.1 percent. The Denver Nuggets have seen their odds shrink with a run of seven wins in eight games. They pounded Philly 144-109 on Tuesday behind a Nikola Jokic triple-double.
The Sacramento Kings have flourished since making a coaching change in late December. They won seven in a row and nine of 10 under interim Doug Christie to move a couple of games over .500 and up the West standings. It’s a jumbled mess in the West with the top 11 teams at .500 or better and only seven wins separating second place Houston from 11th place Golden State. Since we talk about the favorites all the time let’s mention those clubs that won’t win the title. The Washington Wizards are on pace to win 12 games so don’t waste your time. The biggest disappointment is probably Philadelphia. Mired in a 7-game slump and with only 15 wins they could make the play-in, but the season has been a disaster.
NBA Betting Lines
2024/25 NBA Championship Odds
| ODDS TO WIN NBA CHAMPIONSHIP 2024/25 |
| Atlanta Hawks +13000 |
Boston Celtics +248 |
Brooklyn Nets +600000 |
| Charlotte Hornets +700000 |
Chicago Bulls +100000 |
Cleveland Cavaliers +725 |
| Dallas Mavericks +2000 |
Denver Nuggets +1400 |
Detroit Pistons +22500 |
| Golden State Warriors +4500 |
Houston Rockets +3500 |
Indiana Pacers +8000 |
| Los Angeles Clippers +3000 |
Los Angeles Lakers +4000 |
Memphis Grizzlies +2200 |
| Miami Heat +8500 |
Milwaukee Bucks +2100 |
Minnesota Timberwolves +4650 |
| New Orleans Pelicans +351765 |
New York Knicks +1400 |
Oklahoma City Thunder +233 |
| Orlando Magic +5300 |
Philadelphia 76ers +8000 |
Phoenix Suns +4800 |
| Portland Trail Blazers +300000 |
Sacramento Kings +7500 |
San Antonio Spurs +30000 |
| Toronto Raptors +450000 |
Utah Jazz +450000 |
Washington Wizards +955923 |
*Odds as of Tuesday, January 21, 11:00 AM ET
Boston Celtics
We took a look at the favorites in the West last week so we’ll take a peek at the East. They may no longer be the favorite but the Celtics continue to rule the East. An overtime home loss to Atlanta on Saturday was Boston’s fourth in seven games. They also dropped a 13-point decision at Toronto, an unusual stretch for such a talented club. Maybe it was complacency but the Celtics showed what they can do by annihilating Golden State by 40 on Monday shooting 53 percent and making 20 triples.
Cleveland Cavaliers
Winning two straight after their setback in OKC has the Cavs on a 70-win pace. I think it’s safe to say they are here for the long haul and boast a championship mentality. He isn’t getting a lot of MVP talk, but Donovan Mitchell has been the catalyst averaging 23.3 points for the NBA’s second highest scoring team. They also shoot nearly 50 percent overall and lead the league in three-point accuracy. Six players average more than 10 points.
New York Knicks
Just when you think the Knickerbockers are ready to make a run they fall back. A nine-game winning streak that ended in early January moved them closer to Boston for second in the East. However, they dropped three in a row and six of nine after that adding to the confusion around the club. They have won two straight to settle things down and are looking forward to the return of Mitchell Robinson, who will give them a much needed interior defender and rebounding help.
Milwaukee Bucks
Don’t give up on the Bucks. They recovered from a 2-8 start and moved to 24-17 on the strength of four consecutive wins, the longest current winning streak among East teams. The Bucks extended the streak with a 123-109 win over Philadelphia on Sunday topping the 120-point mark in every game. They’ve been efficient on that end of the floor while improving their defensive metrics. If Giannis stays healthy and Khris Middleton gets into game shape the Bucks could be a force in the second half.
Orlando Magic
There’s a huge dropoff in odds to the fifth favorite with Orlando currently occupying the spot. They’ve been plagued by injuries with Mo Wagner out for the season and Franz Wagner still on the shelf. And Jalen Suggs hasn’t played since early January due to a back injury. They’re also in a free fall losing four in a row and six of their last seven. Paolo Banchero recently returned and with other key players set to come back the Magic will be better off.
NBA Teams
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