The NBA Championship is the ultimate prize of the National Basketball Association, awarded annually to the winner of a best-of-seven series known as the NBA Finals.
To win the title, a team must first qualify for the playoffs - either by finishing in the top six of their conference or advancing through the Play-In Tournament - and then successfully navigate three rounds of intra-conference series (First Round, Semifinals, and Conference Finals). The journey requires a total of 16 postseason victories to claim the Larry O’Brien Championship Trophy, a 24-karat gold-over-sterling-silver icon designed by Tiffany & Co. to depict a basketball over a hoop.
With the Thunder looking to defend their crown, many fans and analysts are already locking in their NBA Western Conference Predictions and keeping a close eye on the shifting NBA Eastern Conference odds.
Let's check the latest movements in the NBA Championship odds below.
Find the latest odds for the NBA Championship in the table below. Odds are sourced from the best NBA betting sites available in the market today. Also, check our selection of the latest NBA promos and bonuses.
| Team | FanDuel | Caesars | BetMGM | DraftKings |
|---|---|---|---|---|
| San Antonio Spurs | +400 | +375 | +400 | +380 |
| New York Knicks | -520 | -500 | -550 | -500 |
| Odds are current at the time of publishing and are subject to change. | ||||
While the playoff field is packed with elite talent and dangerous dark horses, my confidence ultimately lies with one team that has proven their dominance all year.
The New York Knicks are an exceptional candidate to win the NBA Championship due to their perfectly balanced roster, elite two-way versatility, and immense momentum. Led by Jalen Brunson, who is playing at an MVP level and recently won the Eastern Conference Finals MVP, the team has a reliable offensive engine who excels in clutch situations.
The addition of Karl-Anthony Towns forces opposing big men out of the paint, creating devastating mismatches and opening driving lanes. Furthermore, the phenomenal wing rotation featuring Mikal Bridges, OG Anunoby, and Josh Hart provides unmatched defensive depth to stifle any opponent. Currently riding a historic thirteen-game playoff winning streak under head coach Mike Brown, they are peaking at this time.
The Oklahoma City Thunder won the 2025 NBA Finals, meaning that for the first time in league history, seven different teams won seven straight Finals. The last repeat champion was the 2017-18 Golden State Warriors, which is a sharp change from the dynasties that ran the league.
Here’s a look at all of the NBA champions since 2000.
| Season | Winner | Loser | Result |
|---|---|---|---|
| 2025 | Oklahoma City Thunder | Indiana Pacers | Thunder - 7 games |
| 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 |
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.
Best online 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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