With the NBA trade deadline in the rearview mirror and the All-Star break just wrapping up, we look at the odds to win the NBA Championship as well as the betting odds for Eastern and Western Conference champions.
The Los Angeles Lakers sit as the favorites to win the NBA Championship at +225, followed by the Milwaukee Bucks at +275 and the Los Angeles Clippers at +300. The Boston Celtics and Philadelphia 76ers are priced at +2,000 odds, and the New York Knicks have plummeted from +16,000 to +1,000,000. The Golden State Warriors, currently dead last in the NBA standings, have seen their title odds pulled off the board (OTB).
All NBA odds courtesy SuperBook at Westgate Las Vegas as of Feb. 18, 2020.
ODDS TO WIN 2020 NBA CHAMPIONSHIP
|Team||Odds to win NBA Championship|
|Los Angeles Lakers||+300|
|Los Angeles Clippers||+325|
|Portland Trail Blazers||+5,000|
|San Antonio Spurs||+7,000|
|Oklahoma City Thunder||+8,000|
|New Orleans Pelicans||+10,000|
|Golden State Warriors||+200,000|
|New York Knicks||+200,000|
ODDS TO WIN 2020 NBA EASTERN CONFERENCE
|Teams||Odds to win the Eastern Conference|
|New York Knicks||+60,000|
ODDS TO WIN 2020 NBA WESTERN CONFERENCE
|Team||Odds to win the Western Conference|
|Los Angeles Lakers||+175|
|Los Angeles Clippers||+200|
|Portland Trail Blazers||+3,300|
|San Antonio Spurs||+4,000|
|Oklahoma City Thunder||+4,500|
|New Orleans Pelicans||+6,000|
|Golden State Warriors||+75,000|
HOW DO I BET NBA CHAMPIONSHIP ODDS?
Sportsbooks will post odds for the NBA Finals as early as the summer before the season starts. These odds are constantly adjusted throughout the offseason as players get hurt, suspended or are traded. Once the regular season begins, title odds will change daily as teams win and lose games and as more players get hurt, suspended or traded. Sportsbook will also adjust the NBA odds based on handle and liability to certain teams.
NBA Championship odds will usually look like this:
- Milwaukee Bucks +250
This means that on a $100 bet, you’ll stand to win $250 if the Bucks win the NBA title. If it’s close to the end of the regular season or even during the playoffs and the NBA has a very dominant team, you might see that a team is has a minus sign (-) ahead of its odds.
- Golden State Warriors -120
This means that you would need to bet $120 to win $100 on a Warriors championship.
Above we have posted the American odds for the NBA championship. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool.