The Miami Heat are the favorite in the NBA Southeast Division odds at +145 on DraftKings on October 17, 2026. Atlanta is second at +265 and Orlando third at +275.
That puts the Heat first on a board they finished fourth on. Atlanta won the division last season at 46-36, and four teams finished within three games of each other.
NBA Southeast Division odds for 2026-27
| Team | Division odds | Implied chance | Margin removed | Title odds | Eastern Conference odds |
|---|---|---|---|---|---|
| Miami Heat | +145 | 40.8% | 36.9% | +3000 | +950 |
| Atlanta Hawks | +265 | 27.4% | 24.7% | +7000 | +2200 |
| Orlando Magic | +275 | 26.7% | 24.1% | +8000 | +2500 |
| Charlotte Hornets | +900 | 10.0% | 9.0% | +10000 | +4500 |
| Washington Wizards | +1600 | 5.9% | 5.3% | +15000 | +7500 |
These are DraftKings’ 2026-27 prices as ESPN lists them, read on October 17, 2026 at 11:01 UTC: the division, the championship and the Eastern Conference winner. ESPN files all three markets under its 2027 season, which it names 2026-27. The implied chance is 100 divided by the price plus 100.
Miami’s +145 means a $100 bet wins $145, and it breaks even if the Heat win the division 40.8% of the time. The five division prices add up to 110.8%, and the 10.8 points above 100 are the book’s margin. With the margin removed Miami holds 36.9% of the division, Atlanta 24.7% and Orlando 24.1%, so the market sees a clear favorite and a close race for second.
Miami’s +950 is sixth in the East market, ahead of Toronto at +1000 and Indiana at +1400, and its +3000 is the shortest Southeast title price. Atlanta, the division winner, is ninth in the East at +2200. A futures bet is worth making only when you rate a team’s chance higher than the price does.
How the Southeast finished in 2025-26
| Team | Record | Games behind | How the season ended |
|---|---|---|---|
| Atlanta Hawks | 46-36 | – | No. 6 seed in the East; lost 4-2 to New York in the first round |
| Orlando Magic | 45-37 | 1 | Reached the playoffs through the play-in; lost 4-3 to Detroit |
| Charlotte Hornets | 44-38 | 2 | Won one play-in game, lost the next |
| Miami Heat | 43-39 | 3 | Lost a play-in game to Charlotte |
| Washington Wizards | 17-65 | 29 | Missed the playoffs |
Records are ESPN’s final 2025-26 standings. Washington’s 17-65 was the worst record in the NBA, and the other four teams were separated by three games.
Atlanta’s one-game margin was the narrowest of the six division races. It came down to 46 wins against 45.
Atlanta and Orlando
The Atlanta Hawks won the division by one game and led New York 2-1 in the first round after two one-point wins, 107-106 and 109-108. The Knicks won the next three, the last of them 140-89.
The Orlando Magic lost their first play-in game to Philadelphia, 109-97, and beat Charlotte 121-90 to get in as the No. 8 seed. They then led top-seeded Detroit 3-1 and lost the last three games. The two teams open 2026-27 against each other, Atlanta at Orlando on October 21.
Charlotte, Miami and Washington
The Charlotte Hornets and the Miami Heat met in the 9-versus-10 play-in game, and Charlotte won it 127-126. The Hornets then lost at Orlando. Charlotte had the best point differential in the division, +4.8 a game, better than Atlanta’s +2.5, and it is fourth among Southeast teams in both the division market, at +900, and the title market.
Miami is the market’s pick after finishing fourth. The Heat open at home to Minnesota on October 21, and Charlotte starts at Brooklyn the same night.
The Washington Wizards won 17 games and lost by 12.0 points a game. They are +1600 for the division and +15000 for the title, a title price shorter than those of nine teams from other divisions, and open at home to Milwaukee on October 21.
Recent Southeast Division winners
| Season | Winner | Record | Runner-up |
|---|---|---|---|
| 2025-26 | Atlanta Hawks | 46-36 | Orlando Magic, 45-37 |
| 2024-25 | Orlando Magic | 41-41 | Atlanta Hawks, 40-42 |
| 2023-24 | Orlando Magic | 47-35 | Miami Heat, 46-36 |
Each of the last three races was decided by one game. Orlando won in 2023-24 and 2024-25, the second time at 41-41, and Atlanta edged Orlando last season.
Miami, the shortest Southeast price now, did not finish first in any of the three. The Heat were second in 2023-24, at 46-36.
The 2026-27 calendar
- Preseason: from September 30, 2026.
- Regular season: October 20, 2026 to April 11, 2027.
- Play-in tournament: from April 12, 2027.
- Playoffs: from April 17, 2027.
The division is decided by the regular-season standings, so it is settled by April 11. Game predictions for every Southeast team appear on our NBA predictions hub once lines are posted, and the full title board is on our NBA championship odds page.
The number to watch is Miami’s +145. It ranks a fourth-place team first in a division that has been decided by one game three years running, while Atlanta and Orlando, the winners of those three races, sit one price apart at +265 and +275.