The Thunder have implied 64% odds to win the NBA Finals
The Knicks are second in odds (+460)
The Timberwolves (+650) and Pacers (+700) are underdogs in the conference finals
82 regular season games and four playoff rounds are all in the spirit of determining the next NBA champion. Here’s how the sportsbooks see the race in NBA championship odds shaping up.
Find the latest odds for the NBA Championship 2025 in the table below and place your bets at some of the best online sportsbooks available today!
The Thunder are rightful favorites after they blew out the Nuggets in Game 7 of the conference semis. Their third-round matchup with the Timberwolves presents an interesting challenge since they split the season series 2-2, and Minnesota went to Game Six of the conference finals last year.
The Knicks beat the Pacers 2-1 in their regular-season series. They’ve been nearly impossible to close out in tight games but play a totally different style than Indy, which makes this an interesting tactical battle between Tom Thibodeau and Rick Carlisle.
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In a strange way, it’s more likely the Pacers win the Finals than the conference finals. They’ve shot the ball better than any team in the playoffs and will run their opponents to death, so if they prove that they can maintain their elite offensive efficiency for yet another round, they’d be a dangerous opponent for either Minnesota or OKC. Indy has looked the best of any team up to this point, is deep, and plays extraordinarily well in the clutch.
While there are tons of ways to bet on the NBA with game lines, player props, and other markets, NBA Championship bets deal strictly with predictions on the NBA Finals.
This bet classifies as a “Futures” bet, which is simply an event that will be settled at a future date. NBA champion odds will be found either in their own subheading or the futures section of a sportsbook’s NBA tab.
Sportsbooks will differ in their assessment of contending teams and provide different odds, so NBA bettors are encouraged to consult multiple sportsbooks before placing their bet.
Reading NBA championship odds are no different than reading traditional odds. All odds preceded by a + sign mean that a $100 bet will win the listed amount, and all odds preceded by a - sign will take the listed amount to win $100.
For example, a +550 team will pay $550 for a $100 wager if they win the NBA championship. A -165 favorite will pay $100 on a $165 wager.
The only key difference between futures odds and game lines is that usually, all or nearly all of the options will have positive odds. As the season and playoffs progress and teams are eliminated, the odds for all available candidates will shorten.
Every NBA betting site should come with NBA championship odds. However, as mentioned above, the odds and general experience will vary depending on the sportsbook.
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The recent strike of parity across the league has made it so that there hasn’t been a repeat champion since the Golden State Warriors in 2017-18. That’s a sharp change from the teams that perennially ruled the league, whether that be the Miami Heat, San Antonio Spurs, Los Angeles Lakers, or other teams.
Here’s a look at every NBA champion since 2000.
Season | Winner | Loser | Result |
---|---|---|---|
2024 | Boston Celtics | Dallas Mavericks | Celtics - 5 games |
2023 | Denver Nuggets | Miami Heat | Nuggets - 5 games |
2022 | Golden State Warriors | Boston Celtics | Warriors - 6 games |
2021 | Milwaukee Bucks | Phoenix Suns | Bucks - 6 games |
2020 | Los Angeles Lakers | Miami Heat | Lakers - 6 games |
2019 | Toronto Raptors | Golden State Warriors | Raptors - 6 games |
2018 | Golden State Warriors | Cleveland Cavaliers | Warriors - 4 games |
2017 | Golden State Warriors | Cleveland Cavaliers | Warriors - 5 games |
2016 | Cleveland Cavaliers | Golden State Warriors | Cavaliers - 7 games |
2015 | Golden State Warriors | Cleveland Cavaliers | Warriors - 6 games |
2014 | San Antonio Spurs | Miami Heat | Spurs - 5 games |
2013 | Miami Heat | San Antonio Spurs | Heat - 7 games |
2012 | Miami Heat | Oklahoma City Thunder | Heat - 5 games |
2011 | Dallas Mavericks | Miami Heat | Mavericks - 6 games |
2010 | Los Angeles Lakers | Boston Celtics | Lakers - 7 games |
2009 | Los Angeles Lakers | Orlando Magic | Lakers - 5 games |
2008 | Boston Celtics | Los Angeles Lakers | Celtics - 6 games |
2007 | San Antonio Spurs | Cleveland Cavaliers | Spurs - 4 games |
2006 | Dallas Mavericks | Miami Heat | Heat - 6 games |
2005 | San Antonio Spurs | Detroit Pistons | Spurs - 7 games |
2004 | Detroit Pistons | Los Angeles Lakers | Pistons - 5 games |
2003 | San Antonio Spurs | New Jersey Nets | Spurs - 6 games |
2002 | Los Angeles Lakers | New Jersey Nets | Lakers - 4 games |
2001 | Los Angeles Lakers | Philadelphia 76ers | Lakers - 5 games |
2000 | Los Angeles Lakers | Indiana Pacers | Lakers - 6 games |
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