2025 NBA Championship Odds and Favorites To Win NBA Finals: Thunder Title Favorites
The regular season tug-of-war rages on with the Oklahoma City Thunder overtaking the Boston Celtics atop oddsboards once again.
The 2025 NBA championship odds feature Mark Daigneault's squad listed as the betting favorite to win the Larry O'Brien Trophy. Who are some of the other favorites to win the 2025 NBA Finals?
🏆 NBA championship odds 2025
Live NBA championship odds from our best sports betting sites.
📊 NBA championship odds favorites 2025
🌩️ Thunder NBA championship odds: +185
Has Sam Presti finally cracked the code? Oklahoma City is among the league's best teams, despite playing a chunk of the campaign without Isaiah Hartenstein and Chet Holmgren. The Thunder boast one of the best defensive units of the modern era, and they feature the NBA MVP odds front-runner leading the charge on offense.
However, Oklahoma City has yet to win a championship, which is making some bettors hesitant.
Best odds: +185 via BetMGM | Implied probability: 35.09%
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🍀 Celtics NBA championship odds: +225
Boston boasts the necessary tools to win another title. We know it, they know it, and oddsmakers know it. Despite the Celtics sitting second in the East, they're still viewed as one of the NBA Finals favorites. Boston features the perfect blend of depth and experience, so the best NBA betting sites believe it can be the first team to go back-to-back since 2017-18.
Best odds: +225 via DraftKings | Implied probability: 30.77%
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👀 My NBA championship odds teams to watch
⚔️ Cavaliers NBA championship odds: +650
It's hard to stop a team as offensively diverse as Cleveland, which features the second-rated scoring offense. The Cavs boast seven players - Donovan Mitchell, Darius Garland, Evan Mobley, De'Andre Hunter, Jarrett Allen, Ty Jerome, and Caris LeVert - averaging in double figures. Good luck slowing them down.
Cleveland bringing in Kenny Atkinson seems like one of the best coaching moves in recent memory, as he leads the NBA Coach of the Year odds. The Cavaliers' odds have continued to shorten throughout the campaign, and they remain atop the Eastern Conference. A $10 winning wager at this stage returns $65 in profit.
Best odds: +650 via DraftKings | Implied probability: 13.33%
👑 Lakers NBA championship odds: +1800
The Los Angeles Lakers were undisputed winners of the NBA trade deadline when they added Luka Doncic to their ranks. Rob Pelinka's failure to bring in an impactful big man to pair with LeBron James and Doncic could ultimately hurt the team come playoff time.
However, Los Angeles is a legitimate threat with two of the NBA's top players at JJ Reddick's disposal.
Best odds: +1800 via FanDuel | Implied probability: 5.26%
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🔢 NBA championship opening odds
- Celtics: +310
- Nuggets: +750
- Mavericks: +950
- Thunder: +950
- Bucks: +1000
- Timberwolves: +1000
- Knicks: +1600
- 76ers: +1600
- Clippers: +2000
- Warriors: +2500
- Lakers: +2500
- Suns: +2500
- Heat: +3500
- Grizzlies: +4000
- Cavaliers: +5000
- Pacers: +5000
- Pelicans: +5000
- Magic: +5000
- Kings: +5000
- Hawks: +10000
- Rockets: +10000
- Spurs: +10000
- Bulls: +15000
- Raptors: +25000
- Jazz: +25000
- Nets: +50000
- Hornets: +50000
- Pistons: +50000
- Trail Blazers: +50000
- Wizards: +50000
📖 How to read NBA championship odds
Reading NBA championship odds is straightforward. Odds are usually presented in a format like +500 or -200. Positive odds (e.g., +500) show how much profit you’d make on a $100 bet.
For example, a $100 bet at +500 odds would win you $500, plus your original $100 stake, totaling $600. Negative odds (e.g., -200) indicate how much you need to bet to win $100. So, a $200 bet at -200 odds would win you $100, plus your $200 stake, totaling $300.
These odds also reflect the probability of a team winning the championship. Lower odds (e.g., +300) suggest a higher likelihood, while higher odds (e.g., +2000) indicate a lower probability.
Sportsbooks adjust these odds based on factors like team performance, injuries, trades, and betting patterns.
For example, if the Lakers have +500 odds and the Nets have +700 odds, the Lakers are considered more likely to win. If you bet $100 on the Lakers and they win, you’d get $600 back ($500 profit + $100 stake).
❓ NBA Championship FAQs
Who is favored to win the 2025 NBA championship?
The Oklahoma City Thunder are the favorites to win the 2025 NBA championship at +185. Those odds imply a probability of 35.09% that the Thunder will lift the Larry O'Brien.
Who won the NBA Finals last year?
The Boston Celtics won the 2024 NBA Finals, defeating the Dallas Mavericks in five games.
When will the 2025 NBA Finals be decided?
The last NBA Finals began on June 5. Expect the 2025 postseason to run on a similar schedule.
When's the last time an NBA team won back-to-back titles?
The last time an NBA team went back-to-back was when the Golden State Warriors won the championship in 2017 and 2018.
💰 NBA betting odds pages
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