The two teams that have played in the WNBA Finals have returned in the following season just twice: Minnesota vs. Los Angeles in 2016 and 2017, and Houston vs. New York in 1999 and 2000.
Houston repeated as champions, while Minnesota won in 2017 after losing to Los Angeles in 2016.
Minnesota and New York, last season’s WNBA Finals opponents, opened at the top of betting boards and remain the favorites to win the WNBA Championship at +275 and +105.
With support for the WNBA growing exponentially in recent years, the game has become much more popular for fans to watch and bet on. Our goal for this page is to keep you up to date with the latest WNBA Championship odds, how to read the odds, the best sportsbooks for betting on them, and so much more!
Here are the WNBA Championship odds for the 2025 season at BetMGM Sportsbook. Open an account with BetMGM using our promo code WSNSPORTS and claim the welcome offer: Get Up to $1,500 in Bonus Bets.*
*Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms.
Team | Odds |
---|---|
New York Liberty | +105 BET HERE |
Minnesota Lynx | +275 BET HERE |
Indiana Fever | +450 BET HERE |
Las Vegas Aces | +650 BET HERE |
Phoenix Mercury | +2000 BET HERE |
Seattle Storm | +3000 BET HERE |
Atlanta Dream | +3500 BET HERE |
Los Angeles Sparks | +17500 BET HERE |
Washington Mystics | +20000 BET HERE |
Dallas Wings | +20000 BET HERE |
Chicago Sky | +20000 BET HERE |
Golden State Valkyries | +30000 BET HERE |
Connecticut Sun | +50000 BET HERE |
We are roughly 25% of the way through the 2025 WNBA season, and it looks like we are destined to see a rematch in the WNBA Finals of last year’s pairing. New York and Minnesota have been the top teams in the league, with both only recently losing their first game of the season.
Minnesota is back in the Commissioner’s Cup title game and would love to make one trend continue. While the Cup has only been awarded four times, the winner of the last three played in the Finals. Las Vegas was the only one to win the WNBA Championship (2022).
Napheesa Collier’s injury and her health throughout the season will be something to monitor. The same is true for Caitlin Clark. Without her, the Indiana Fever did not play well or look like potential contenders. But with her, they could certainly make a run at the title.
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This week I have to jump on board the Fever bandwagon. They didn’t look great to start the season; losing Clark for a few games surely didn’t help. But now that she’s back, the Fever have handed New York their first loss of the season, 102-88.
There is plenty of time left for them to prove they have what it takes. But with how much the public adores Caitlin Clark and the Fever by default, Indian’s odds will probably not stay at +400 for long once Indiana strings a few wins together behind a healthy Caitlin Clark.
Keep an eye on Atlanta (+3500) and Phoenix (+2000). At 8-4, they have the third-best record in the league. If they can work one or two kinks out, they could go from long shots to real contenders in a heartbeat.
There are essentially two ways to bet on the WNBA Championship: (1) futures odds that are available practically year-round and subject to change at any moment, and (2) the traditional betting line that will become available once the final two teams have been decided.
The act of placing a bet is pretty simple. All you’ll need to do is follow these steps: (1) register for an account with the sportsbook you want to place your bet, (2) deposit sufficient funds into your account, (3) locate the WNBA Championship odds at your sportsbook of choice, and (4) place your bet.
Reading WNBA Championship odds is easier than Caitlin Clark hitting a three-pointer. Odds will consist of a three-digit number that will either be – or +. If a number has a – in front of it, then it will have a greater than 50% chance of winning. Consequently, if it has a +, then it has less than a 50% chance of winning.
If the odds have a – sign (i.e., -110, -250, -500, etc.), then the number will be how much you have to bet to win $100. For example, for a market with -500 odds, you’ll need to bet $500 to win $100. For those with + signs, the number is how much you’ll win if you bet $100.
So, let’s say you bet on a team to win the WNBA Championship, and that team has +1200 odds. A $100 bet will result in a $1300 payday, your stake ($100) plus $1200 in winnings.
The following are my preferred online sportsbooks for betting on the WNBA:
BetMGM: BetMGM typically has game odds posted in a pretty timely fashion (which is not the case for every sportsbook). I’m a big fan of their same game parlay builder, too. You will not have the OVER/UNDER as an option, but there will be more players and markets to choose from than at several sportsbooks. New users of BetMGM are eligible to claim the welcome offer by using our promo code WSNSPORTS when creating a profile: Get Up to $1,500 in Bonus Bets*.
*Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms.
bet365: I’m a fan of any sportsbook that offers bonus bets for a welcome offer, but that’s not the only reason why I like bet365 for WNBA betting. Like BetMGM, they often tend to have odds posted sooner than other books, which gives me more time to research and decide on what markets I want to bet on. Use our promo code WSN365 to join bet365, and claim the following bonus: Bet $5, Get $150 in Bonus Bets Win or Lose.
FanDuel: Like bet365, I like that FanDuel offers bonus bets to new users when they sign up: Bet $5, Get $150 in Bonus Bets if Your Bet Wins. Their odds, like the other two, are competitive, and they tend to post at least the traditional betting line in a pretty timely manner (and not just the morning of or late the night before).
The WNBA was founded in 1996 and began playing in 1997. Since then, the 28 WNBA Championship titles that have been handed out have been won by 12 different teams, three of which are no longer active (Houston Comets, Detroit Shock, and Sacramento Monarchs).
The following table contains a list of the last 15 WNBA Championship winners:
Year | Winner |
---|---|
2024 | New York Liberty |
2023 | Las Vegas Aces |
2022 | Las Vegas Aces |
2021 | Chicago Sky |
2020 | Seattle Storm |
2019 | Washington Mystics |
2018 | Seattle Storm |
2017 | Minnesota Lynx |
2016 | Los Angeles Sparks |
2015 | Minnesota Lynx |
2014 | Phoenix Mercury |
2013 | Minnesota Lynx |
2012 | Indiana Fever |
2011 | Minnesota Lynx |
2010 | Seattle Storm |
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