Understanding NBA Championship odds is important for any basketball fan looking to bet on the NBA Finals.
Betting on the NBA Championship requires making a futures bet on a chosen team. An NBA Championship futures bet can be made at virtually any point during the regular season or playoffs. Wagering during the offseason is even possible, as sportsbooks set NBA odds for the following season’s champion soon after the current season ends.
The COVID-19 pandemic created an unprecedented situation for the 2019-2020 NBA season. The 2020-2021 regular season saw the league somewhat return to normalcy, but a few aspects of the schedule still differed from a traditional NBA slate.
The current NBA season began on Dec. 22 and played through 72 games. The 2021 NBA Playoffs included 20 teams, with the Nos. 7 through 10 seeds in each conference participating in a play-in tournament.
The original field of 20 teams now comes down to just four franchises still standing. The Los Angeles Clippers take on the Phoenix Suns in the Western Conference finals. The Eastern Conference comes down to the Atlanta Hawks and the Milwaukee Bucks.
Current NBA Finals Odds 2021
Odds are updated daily.
Odds To Win The NBA Finals – Whose Odds Are Increasing?
Last year’s disappointing playoff exit seems like a distant memory for Milwaukee Bucks fans at this point. Milwaukee ousted top-seeded Brooklyn in the Eastern Conference semifinals, winning an overtime thriller in Game 7 to clinch a spot in the conference finals.
The Bucks get the upstart Atlanta Hawks as the next opponent. Milwaukee began at around a (+500) to win the NBA championship going into this year’s playoffs.
Just eight wins away from their first NBA title since 1971, the Bucks are installed as the odds-on favorite to hoist the Larry O’Brien trophy according to DraftKings Sportsbook at BetMGM.
The No. 2 seed in the Western Conference were installed as the betting underdog against the No. 7 seed Los Angeles Lakers in the first round of the playoffs. The Suns dispatched the Lakers in six games.
Phoenix then responded with a 4-0 sweep of the Denver Nuggets in round two. The Suns now await the Los Angeles Clippers in the Western Conference finals.
The preseason championship odds on the Suns opened at (+25000), and Phoenix went into the second-round matchup against the Nuggets at around (+1000). Phoenix now sits between (+125) and (+200) at the top online sportsbooks.
Odds To Win The NBA Finals – Who’s In Trouble?
The Nets came into the postseason as the championship favorite across all sportsbooks. The championship dream is over for Brooklyn backers, however, as the Nets dropped out in seven games against the Milwaukee Bucks in the Eastern Conference semifinals.
If James Harden, Kyrie Irving, and Kevin Durant can manage to all stay healthy, the Nets will contend for the NBA title perenially for the foreseeable future. While Brooklyn is out of the mix for the 2020-21 championship, look for the sportsbooks to rank the Nets near the top of the list of 2021-22 favorites.
After clinching the top seed in the Eastern Conference, the Philadelphia 76ers appeared posied to finally live up to the team’s tantalizing potential in this year’s playoffs. After a 4-1 win against Washington in the Eastern Conference first round, the 76ers began round two by winning the first two of three games against the Atlanta Hawks.
The Hawks came back for a surprising win, however, toppling Philadelphia in seven games. The Game 7 loss for the 76ers came on Philadelphia’s home floor, sending the 76ers’ rabid fan base to the exits after a disappointing playoff loss.
What’s Different In The 2020-21 NBA Season
This year’s regular-season schedule included 72 games, a few less than the traditional 82-game schedule. The season began later than normal (Dec. 22), with just ten weeks between the end of the 2020 NBA Finals and the start of the 2020-21 regular season.
Instead of the normal 16 teams, 20 teams qualified for the NBA postseason. Seed Nos 7 through 10 in each conference had to go through a play-in tournament, after which the playoffs now resume in the traditional 16-team format.
In each conference, the Nos. 7 and 8 seed matched up against each other in the play-in tournament. The winner of that one-game runoff automatically clinched the No. 7 seed in the 16-team playoff bracket.
The Nos. 9 and 10 seeds played each other, and the winner of that game played the loser of the No. 7 vs. No. 8 play-in game. The winner of the resulting game clinched the No. 8 seed in the 16-team playoff bracket.
That format led to an intensely entertaining set of play-in tournament games, particularly in the West.
The No. 7 seed Los Angeles Lakers topped the No. 8 seed Golden State Warriors in the play-in round and automatically advanced to the 16-team tournament as the official No. 7 seed. Golden State then took on No. 9 seed Memphis, which upended the Warriors to get into the playoffs as the official No. 8 seed.
In the East, the standings from the regular season held true, with No. 7 seed Boston and No. 8 seed Washington both finding a way to clinch official playoff spots through the play-in tournament.
Where Can I Bet On The NBA Finals Online?
FanDuel Sportsbook stands as one of the top destinations for legal online sports betting in the US. New players can sign up for an account and enjoy a risk-free bet up to $500 on their first wager.
DraftKings Sportsbook takes a spot as one of the most popular online sportsbooks in the US. Bettors in New Jersey, Pennsylvania, Colorado, Indiana, Iowa, Pennsylvania, and West Virginia enjoy access to the platform.
Bonuses for new players at DraftKings Sportsbook include a risk-free bet up to $500, a 20% deposit match bonus up to $500, and a $25 no-deposit bonus.
BetRivers offers one of the most generous deposit match bonuses in the sports betting industry. New players can get a $100% deposit match, up to $250, with just a 1x playthrough requirement.
FOX Bet operates through a partnership of FOX Sports and The Stars Group. This online sportsbook brand is available in New Jersey, Pennsylvania, and Colorado.
New player bonuses include a 50% deposit match bonus up to $500 and a risk-free bet up to $500.
The PointsBet brand offers “PointsBetting”, a unique way of betting that awards bigger payouts based on a selected team’s margin of victory.
PointsBet operates in New Jersey, Indiana, and Iowa. Players in those states can take advantage of a risk-free bet bonus, up to $200.
Where Can I Bet On The NBA Finals In Vegas?
Taking a trip to Las Vegas, Nevada, puts you right in the center of one of the best places to watch sports in the world. Finding a place to bet on the NBA Championship is as easy as venturing to one of the city’s legendary retail sportsbooks.
The Westgate SuperBook, Caesars Palace, Wynn, South Point, Venetian, and many other Las Vegas casinos host sportsbooks. All of these venues offer numerous ways to bet on the NBA.
Nevada hosts legal online sports betting as well. William Hill, Westgate SuperBook, Station Casinos, Golden Nugget, and Circa Sports represent just a few of the many options for mobile sports betting in Nevada.
How NBA Championship Odds Are Calculated
The following table shows the NBA Championship futures odds at FanDuel Sportsbook as of June 21, 2021:
|Team||Odds to win the 2020-2021 NBA Championship|
|Los Angeles Clippers||+1200|
This table displays the lines on the NBA Champion as moneyline odds. All “+” moneyline odds display the amount of profit made off a $100 bet.
A $100 bet on the Phoenix Suns, for example, yields $125 profit if it wins. This means if you bet $100 and the Suns win, the sportsbook returns $225 to you ($125 profit plus the original $100 bet).
To calculate “+” odds for any moneyline bet, divide the odds by 100, and multiply that figure by the amount of the bet. So for instance, a (+125) line means you must divide 125 by 100, which yields (1.25). You then multiply your bet amount by ($100) to calculate the amount of profit.
A $50 bet results in $62.50 profit ($50 x 1.25), a $75 bet yields $93.75 in profit ($75 x 1.25), and so on.
If the Suns were set at -125 odds, that number means you have to bet $125 to earn $100 in profit. You can calculate a (-125) line by dividing 100 by 125, which yields (0.8).
Multiplying the amount of your bet by (0.8) gives you the amount of profit realized on a -125 moneyline bet. A $50 bet yields $40 in profit ($50 x 0.8), a $75 bet results in a $60 profit ($75 x 0.8), etc.
What Might Affect The NBA Finals Odds?
As the NBA regular season plays on, the championship picture becomes clearer. A team that appeared as a strong championship contender in the preseason might be completely out of the running come playoff time.
Injuries, trades, coaching changes, and other factors can greatly affect futures odds. For example, the Golden State Warriors began the 2019-2020 season as one of the top five favorites to win the NBA Finals Championship.
All-star guard Stephen Curry broke his hand in the second game of the season, however, and the injury kept him out of the lineup virtually the entire season. As a result, the Warriors posted the NBA’s worst record, ending a streak of five consecutive NBA Finals appearances.
Betting Odds For The NBA Finals Breakdown
Phoenix Suns (+125 at FanDuel Sportsbook)
Have the Phoenix Suns finally done enough to earn some respect in the Western Conference? The No. 2 seed in the West went into its first-round series as the betting underdog against the Los Angeles Lakers, despite finishing nine games ahead of Los Angeles in the regular season.
The Suns took care of the defending NBA champion Lakers in six games, and the sportsbooks adjusted Phoenix’s championship odds accordingly. Phoenix stood at (+25000) preseason odds to win the NBA title, but that number is now down to (+125) at FanDuel Sportsbook.
- 51-21 record (2nd in the Western Conference)
- (+125) odds to win the NBA Championship (according to FanDuel Sportsbook)
- Led by Devin Booker (25.6 PPG, 4.3 AST, .867 FT%), Chris Paul (16.4 PPG, 8.9 AST, 1.4 STL) and Deandre Ayton (14.4 PPG, 10.5 RPG)
Milwaukee Bucks (+170 at BetMGM)
Last year’s best overall team in the regular season, Milwaukee exited the 2019-2020 playoffs in a shocking loss to the Miami Heat. The Bucks took down championship favorite Brooklyn in this year’s playoffs, with the Bucks ousting the Nets in seven games in the Eastern Conference semifinals.
Milwaukee now plays Atlanta in the Eastern Conference finals. The Bucks’ only NBA title came in 1971, with the franchise’s last conference title happening in 1974.
- 46-26 record (3rd in the Eastern Conference)
- (+170) odds to win the NBA Championship (according to BetMGM)
- Led by Giannis Antetokounmpo (28.1 PPG, 11.0 RPG, .569 FG%), Khris Middleton (20.4 PPG, 5.4 AST, .414 3P%) and Jrue Holiday (17.7 PPG, 6.1 APG)
Los Angeles Clippers (+800 at DraftKings Sportsbook)
All-Star players Kawhi Leonard and Paul George will try to finally break through with a championship for a loaded Clippers roster. The Clippers defeated the Dallas Mavericks 4-3 in the first round of the Western Conference playoffs, then won another seven-game series against the Utah Jazz in round two.
Los Angeles now takes on the Phoenix Suns in the Western Conference finals. Leonard has been ruled out for Game 1 with a knee injury, and the status for the Clippers’ superstar for the rest of the playoffs remains uncertain for now.
- 47-25 record (4th in the Western Conference)
- (+800) odds to win the NBA Finals Championship (according to DraftKings Sportsbook)
- Key players include Kawhi Leonard (24.8 PPG, 6.5 RPG, 1.6 SPG), and Paul George (23.3 PPG, 6.6 RPG, .411 3P%).
Atlanta Hawks (+1100 at DraftKings Sportsbook)
Atlanta enters the Eastern Conference finals as the most unexpected entry among the final four teams. The Hawks made the playoffs as the No. 5 seed in the east, the dispatched of the New York Knicks in five games in the first round of the postseason.
That win drew the No. 1 seed Philadelphia 76ers in the next round for the Hawks. After falling down 2-1, Atlanta rebounded for a stunning victory in what turned out to be a seven-game series.
The Hawks stand at (+1100) odds to win the NBA title at DraftKings Sportsbook. Atlanta would have to topple Milwaukee in order to clinch an NBA Finals berth for the first time since 1958.
- 41-31 record (5th in the Eastern Conference)
- (+1100) odds to win the NBA Finals Championship (according to DraftKings Sportsbook)
- Key players include Trae Young (25.3 PPG, 9.4 AST), and Clint Capela (15.2 PPG, 14.3 RPG, 2.0 BLK).
Learn more in our Guide To Placing A Sports Bet Online.
NBA Finals Odds And Betting
What Is An NBA Futures Bet?
A futures bet in any sport represents a wager on an event that spans longer than a single game or playoff series. Futures bets generally refer to season-long events.
NBA futures bets include opportunities to wager on what team will win the NBA Championship, what player will win the Eastern Conference, what team will lead the league in wins, and so on.
Other futures bets include totals (over/under) wagers on how many games a chosen team will win in the NBA regular season.
Futures bets can be made at any time up until the wagered-on event happens.
What Is An NBA Finals Prop Bet?
Wagering on an in-game or in-series event not related to what team wins or loses means making a prop bet.
Prop bets on the NBA Championship could include what player will win the NBA Finals MVP, or whether a certain player will average over 30 PPG. Exotic prop bets on the NBA Finals could include wagers on whether the combined point total in the final game of the series ends up as odd or even.
The 2018-2019 NBA Finals (Golden State Warriors vs. Toronto Raptors) featured numerous prop bets. Some of these wagers included whether the series would end in a 4-0 sweep either way, what player would lead the series in scoring, and what player would win the NBA Finals MVP.
NBA Prop Bets
Most regular-season NBA prop bets function as futures bets on different statistics and player awards. These wagers can include betting on what player will lead the league in scoring, what player will win the NBA Rookie of the Year award, and so on.
With the 2020-21 wrapping up, the Charlotte Hornets’ LaMelo Ball stood as the overwhelming favorite to win the league Rookie of the Year award. Bell was announced as the winner of the award on June 16.
See our full Guide To Sports Betting Odds.
Odds For The NBA Finals Championship FAQ
Yes, in states with legalized sports betting. Going into the NBA season restart, 19 US states allow legal sports betting, with 13 of those states offering legal online sports betting.
Some of the states that offer both land-based and online sportsbooks include Nevada, New Jersey, Pennsylvania, Colorado, Indiana, and Illinois.
Office pools and other betting on the NBA Championship outside of legal sportsbooks are technically against the law.
21 in most US states. The minimum age for betting on the NBA Championship, and sports betting of any kind, is 21 in most states. Exceptions to this rule are Rhode Island and Montana, each of which offers legal online sports betting to players 18 and over.
Legal online sportsbooks offer the most convenient way to bet on the NBA Finals. Top choices for online sports betting include DraftKings Sportsbook, FanDuel Sportsbook, BetMGM, BetRivers, and PointsBet.
Many other legal online sportsbooks operate in the US, but this list represents some of the most popular and reliable platforms where you can find NBA Championship betting.
These different platforms operate in different US states, so be sure to check out each brand’s website to find out where each is available.
Yes. As long as you’re betting at a state-regulated, legal online platform, placing a bet on the NBA Championship at an online sportsbook is perfectly safe.
Legal online sportsbooks function as extensions of land-based casinos in the states in which they operate. As such, placing a bet at a legal online sportsbook is just as safe as placing that same bet at a legal retail casino.
Yes. Like all other NBA regular season and playoff games, the NBA Finals presents numerous ways to bet in-game at legal online sportsbooks.
All of the different in-game and in-play bets that could be made in a regular-season game can also be made during any game of the NBA Finals.
The Phoenix Suns and Milwaukee Bucks stand as favorites to win the 2020-21 NBA Title. The Suns sit at +125 odds to win the championship according to FanDuel Sportsbook. Phoenix takes on the Los Angeles Clippers in the Western Conference finals.
The Bucks are installed as a (+160) favorite at FanDuel Sportsbook and play the Atlanta Hawks for the Eastern Conference title.
Yes. The 2020-21 NBA Finals will begin July 8 and play through July 22 at the latest.