The Grizzlies were underdogs 63 times in 2025-26 and won 13; backing them in all of those games cost 25.52 units. On the 19 nights the Memphis Grizzlies were favored they went 12-7 and finished 0.65 units up.
The long price did not pay
A 25-57 season, and one unit on Memphis to win every game lost 24.87. Only the Indiana Pacers and New Orleans Pelicans lost more that way. The underdog games account for all of it and more.
Running total over 82 priced 2025-26 regular-season games, at the pre-game moneyline. Source: ESPN results and pre-game lines.
Away from Memphis it was worse: 11-29 and 15.64 units lost, with only New Orleans doing worse on the road. At home they went 13-27 and lost 9.43. The two games against Orlando, in Berlin and London, sit in neither column. The best night was a +525 home win over Denver, 125-118. The worst came against Washington: a 130-122 home defeat at -600, then a 116-112 loss in Washington at -290 eight days later.
The spread was kinder
Thirty-seven covers, 45 misses. January had gone 3-11 and cost 7.42 units. The gap between winning and covering grew late: March was 3-14 straight up with 9 covers in 17. April went 0-7 with two covers.
25-57 in 82 games. Source: ESPN results and pre-game lines.
As favorites the Grizzlies covered 10 of 19; as underdogs, 27 of 63.
Who they met most
Four games against the Los Angeles Clippers: three wins, four covers, 4.09 units. The Denver Nuggets won three of four but Memphis covered three. The Houston Rockets swept all four, and Golden State, the Lakers and Oklahoma City each beat Memphis in all three of their meetings. The Dallas Mavericks were the opponent to back them against: 3-1, three covers, 2.08 units.
2025-26 regular season; dark is wins, light the games played. Source: ESPN results and pre-game lines.
The total
Forty-three overs, 39 unders. Memphis gave up 120.68 a game, fifth-most in the league, and the overs still led by only four. The months swung hard: 11 unders in 15 in November, then 8 overs in 11 in February and 6 in 7 in April.
Questions and answers
How did the Grizzlies do as underdogs in 2025-26?
13-50, covering 27 of 63, and 25.52 units lost backing them to win.
Were the Grizzlies worth backing as favorites?
In 19 games they went 12-7, covered 10 and returned 0.65 units.
How did Memphis finish the 2025-26 season?
3-14 in March and 0-7 in April, with 11 covers in those 24 games.