2024-25 NBA Championship Betting Odds
As we enter the New Year few would have pegged the Cleveland Cavaliers as the best team in the NBA. But here we are in 2025 and the Cavs lead Boston in the East by five games. The Cavs ended 2024 with a win over the Lakers as part of a four-game wraparound road trip out west. It was their eighth straight victory and 12th win in 13 December games. They are for real and their futures odds continue to shrink, but the Cavs aren’t quite there with the heavy hitters just yet. The Celtics remain the favorite to win the NBA Championship and closed out the year with an emphatic win over Toronto ending a skid that saw them lose three of their previous four games.
The Knicks have been among the NBA Championship favorites all season and they are starting to put things together with a new-look roster. They enter 2025 as the hottest team in the East after closing the year with eight straight wins. The streak reached nine with a win over Utah on New Year’s Day closing the gap on Boston for second in the East. We will get a chance to see if the Knicks are for real because, according to ESPN, they have the East’s most difficult schedule the rest of the regular season that includes two games with Boston and three with the Cavs.
Oklahoma City has built a nice lead in the Western Conference thanks to a 12-game winning streak and remains the second favorite in the futures market. If defense wins championships the Thunder have a good shot. They are the most efficient on that end of the floor with the NBA’s best scoring and field goal percentage defense. Shai Gilgeous-Alexander has put together a fine season as the NBA’s second leading scorer averaging more than 31 points. After struggles and injuries at the beginning of the season, teams like the Denver Nuggets, Milwaukee Bucks, Philadelphia 76ers and Minnesota Timberwolves have played better of late and could be a force in 2025. We’ll take a look at the NBA’s top five championship favorites in our first edition of the year.
NBA Betting Lines
2024/25 NBA Championship Odds
| ODDS TO WIN NBA CHAMPIONSHIP 2024/25 |
| Atlanta Hawks +11500 |
Boston Celtics +230 |
Brooklyn Nets +150000 |
| Charlotte Hornets +400000 |
Chicago Bulls +85000 |
Cleveland Cavaliers +1275 |
| Dallas Mavericks +1550 |
Denver Nuggets +1750 |
Detroit Pistons +70000 |
| Golden State Warriors +2350 |
Houston Rockets +4500 |
Indiana Pacers +13500 |
| Los Angeles Clippers +3850 |
Los Angeles Lakers +2300 |
Memphis Grizzlies +2000 |
| Miami Heat +5700 |
Milwaukee Bucks +1900 |
Minnesota Timberwolves +3000 |
| New Orleans Pelicans +300000 |
New York Knicks +965 |
Oklahoma City Thunder +300 |
| Orlando Magic +4200 |
Philadelphia 76ers +3300 |
Phoenix Suns +3850 |
| Portland Trail Blazers +200000 |
Sacramento Kings +18500 |
San Antonio Spurs +25000 |
| Toronto Raptors +350000 |
Utah Jazz +350000 |
Washington Wizards +700000 |
*Odds as of Monday, December 30, 11:00 AM ET
Boston Celtics
The Celtics aren’t overly concerned about a recent rough patch that saw them lose four of six games. Heck, even the best teams have to deal with this stuff over the course of a long season. But the Cs snapped out of it on New Year’s Eve with a 125-71 rout of Toronto. Nagging injuries and misfired threes plagued the club during December when the Celtics went 8-6, but they have a deep roster that will allow them to quickly overcome the hardships. Jrue Holiday was the latest player to miss time returning to score 14 points and play stellar defense in limited minutes against the Raptors.
Oklahoma City Thunder
Their loss to Milwaukee in the NBA Cup Final a few weeks ago doesn’t count in the regular season record so the Thunder currently have the longest winning streak in the Association reaching 12 games by taking out Minnesota on New Year’s eve. OKC defeated some of the West’s best during the run, including Houston, Dallas and Memphis by double figures, and finishing eight points better than the Wolves. You can talk about SGA and his MVP season all night but OKC boasts the best defense in the league holding opponents to just over 102 points per game during their run of success.
New York Knicks
A number of pundits claimed the Knicks won the offseason with the acquisitions of Karl-Anthony Towns and Mikal Bridges in addition to re-upping others like OG Anunoby. They were just a game over .500 through their first 11 but the Knickerbockers have turned it on enjoying a fruitful December going 12-2. They extended their winning streak to nine with a 119-103 decision over Utah on Wednesday behind 31 points and 21 rebounds from Towns. Their signature win during the streak was at Minnesota with Towns going for 32 and 20 against his former team. And the Knicks are a confident club heading into matchups with OKC twice, Milwaukee and Philly in the next two weeks.
Cleveland Cavaliers
With the best record in the NBA entering 2025 the Cavs aren’t going anywhere. We have seen their futures odds shrink after going 12-1 in December that included consecutive road wins over Denver, Golden State and the LA Lakers to close 2024. The backcourt of Donovan Mitchell and Darius Garland has helped the Cavs average the second-most points in the NBA while topping the league in field goal and three-point percentage. Mitchell averages 23.3 points and Garland 20.3 points leading six players in double figures.
Dallas Mavericks
There are other teams that might be better than the Mavs right now. I say that because the club will be without Luka Doncic for a few weeks after he sustained a calf injury. The team will also closely monitor Kyrie Irving’s workload during Luka’s absence in order to keep him healthy for the long haul. As a result the Mavs dropped consecutive games to Portland, Sacramento and Houston to close out a four-game road trip. A hot stretch before that skid vaulted the Mavs up the West standings and showed us just how good they can be when at full strength.
NBA Teams
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