The Oklahoma City Thunder and San Antonio Spurs are co-favorites in the NBA Finals odds at +270 each. The Philadelphia 76ers and the New York Knicks, who beat San Antonio for the 2026 title, are next at +900.
Those are DraftKings prices as ESPN lists them for the 2026-27 season, read on October 12, 2026 at 05:27 UTC. None of the 30 prices has changed since September 24. The regular season opens on October 20, and the two co-favorites meet that night in San Antonio.
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NBA championship odds for all 30 teams
| Team | Odds | Implied chance | Margin removed | Sept. 24 odds | 2025-26 record |
|---|---|---|---|---|---|
| Oklahoma City Thunder | +270 | 27.0% | 22.3% | +270 | 64-18 |
| San Antonio Spurs | +270 | 27.0% | 22.3% | +270 | 62-20 |
| Philadelphia 76ers | +900 | 10.0% | 8.2% | +900 | 45-37 |
| New York Knicks | +900 | 10.0% | 8.2% | +900 | 53-29 |
| Boston Celtics | +1300 | 7.1% | 5.9% | +1300 | 56-26 |
| Cleveland Cavaliers | +2200 | 4.3% | 3.6% | +2200 | 52-30 |
| Toronto Raptors | +2500 | 3.8% | 3.2% | +2500 | 46-36 |
| Minnesota Timberwolves | +2500 | 3.8% | 3.2% | +2500 | 49-33 |
| Detroit Pistons | +2500 | 3.8% | 3.2% | +2500 | 60-22 |
| Denver Nuggets | +2500 | 3.8% | 3.2% | +2500 | 54-28 |
| Miami Heat | +3000 | 3.2% | 2.7% | +3000 | 43-39 |
| Los Angeles Lakers | +3500 | 2.8% | 2.3% | +3500 | 53-29 |
| Indiana Pacers | +4000 | 2.4% | 2.0% | +4000 | 19-63 |
| Houston Rockets | +5000 | 2.0% | 1.6% | +5000 | 52-30 |
| Golden State Warriors | +6000 | 1.6% | 1.4% | +6000 | 37-45 |
| Atlanta Hawks | +7000 | 1.4% | 1.2% | +7000 | 46-36 |
| Portland Trail Blazers | +8000 | 1.2% | 1.0% | +8000 | 42-40 |
| Orlando Magic | +8000 | 1.2% | 1.0% | +8000 | 45-37 |
| Charlotte Hornets | +10000 | 1.0% | 0.8% | +10000 | 44-38 |
| Phoenix Suns | +12000 | 0.8% | 0.7% | +12000 | 45-37 |
| Washington Wizards | +15000 | 0.7% | 0.5% | +15000 | 17-65 |
| Dallas Mavericks | +18000 | 0.6% | 0.5% | +18000 | 26-56 |
| Utah Jazz | +20000 | 0.5% | 0.4% | +20000 | 22-60 |
| New Orleans Pelicans | +40000 | 0.2% | 0.2% | +40000 | 26-56 |
| LA Clippers | +50000 | 0.2% | 0.2% | +50000 | 42-40 |
| Milwaukee Bucks | +70000 | 0.1% | 0.1% | +70000 | 32-50 |
| Chicago Bulls | +70000 | 0.1% | 0.1% | +70000 | 31-51 |
| Memphis Grizzlies | +100000 | 0.1% | 0.1% | +100000 | 25-57 |
| Sacramento Kings | +100000 | 0.1% | 0.1% | +100000 | 22-60 |
| Brooklyn Nets | +100000 | 0.1% | 0.1% | +100000 | 20-62 |
Implied chance is the price turned into a percentage. At +270 a $100 bet wins $270, so it breaks even when the team wins the title 27.0% of the time. Add up all 30 teams and the board comes to 121.4%, and the 21.4 points above 100 are the book’s margin.
The “margin removed” column divides each team’s implied chance by that 121.4. Counted that way the Thunder and Spurs hold 44.5% of the title between them, and the top four teams hold 61.0%. Twelve teams are priced at +10000 or longer.
Records are from the 2025-26 regular season, and each team name links to its team page.
How the NBA title odds have moved since September 24
They have not. All 30 teams carry the price they had on September 24, from the co-favorites at +270 down to Memphis, Sacramento and Brooklyn at +100000, and the board added up to 121.4% on both dates.
The only change on the three boards is in the West. Houston is +2200 to win the conference, in from +2800, which lifts its implied chance there from 3.4% to 4.3%. The Rockets’ title price stayed at +5000, and all 15 Eastern Conference prices are the same as on September 24.
Eastern Conference odds
| Team | Odds | Implied chance | Sept. 24 odds | 2025-26 record |
|---|---|---|---|---|
| New York Knicks | +340 | 22.7% | +340 | 53-29 |
| Philadelphia 76ers | +380 | 20.8% | +380 | 45-37 |
| Boston Celtics | +550 | 15.4% | +550 | 56-26 |
| Detroit Pistons | +800 | 11.1% | +800 | 60-22 |
| Cleveland Cavaliers | +900 | 10.0% | +900 | 52-30 |
| Miami Heat | +950 | 9.5% | +950 | 43-39 |
| Toronto Raptors | +1000 | 9.1% | +1000 | 46-36 |
| Indiana Pacers | +1400 | 6.7% | +1400 | 19-63 |
| Atlanta Hawks | +2200 | 4.3% | +2200 | 46-36 |
| Orlando Magic | +2800 | 3.4% | +2800 | 45-37 |
| Charlotte Hornets | +4500 | 2.2% | +4500 | 44-38 |
| Washington Wizards | +7500 | 1.3% | +7500 | 17-65 |
| Milwaukee Bucks | +30000 | 0.3% | +30000 | 32-50 |
| Chicago Bulls | +30000 | 0.3% | +30000 | 31-51 |
| Brooklyn Nets | +50000 | 0.2% | +50000 | 20-62 |
The Knicks are the favorite to win the East at +340, ahead of Philadelphia at +380 and Boston at +550. Detroit, which had the conference’s best record last season at 60-22, is fourth at +800.
Philadelphia’s price is shorter than last season’s record alone would explain. The 76ers went 45-37 and were the seventh seed, and ESPN’s roster now lists Jaylen Brown, who played last season for Boston, and LeBron James, who played it for the Lakers, alongside Joel Embiid and Tyrese Maxey. The same reading applies to Miami at +950: the Heat went 43-39, and Giannis Antetokounmpo, who played last season for Milwaukee, is on their roster.
On the title board the 15 Eastern teams add up to 49.5 of the 121.4 points and the 15 Western teams to 71.9. Our Eastern Conference odds page follows this market.
Western Conference odds
| Team | Odds | Implied chance | Sept. 24 odds | 2025-26 record |
|---|---|---|---|---|
| Oklahoma City Thunder | +145 | 40.8% | +145 | 64-18 |
| San Antonio Spurs | +160 | 38.5% | +160 | 62-20 |
| Denver Nuggets | +1100 | 8.3% | +1100 | 54-28 |
| Minnesota Timberwolves | +1300 | 7.1% | +1300 | 49-33 |
| Los Angeles Lakers | +1900 | 5.0% | +1900 | 53-29 |
| Houston Rockets | +2200 | 4.3% | +2800 | 52-30 |
| Golden State Warriors | +2200 | 4.3% | +2200 | 37-45 |
| Portland Trail Blazers | +4000 | 2.4% | +4000 | 42-40 |
| Phoenix Suns | +7000 | 1.4% | +7000 | 45-37 |
| Dallas Mavericks | +8000 | 1.2% | +8000 | 26-56 |
| Utah Jazz | +10000 | 1.0% | +10000 | 22-60 |
| LA Clippers | +18000 | 0.6% | +18000 | 42-40 |
| New Orleans Pelicans | +20000 | 0.5% | +20000 | 26-56 |
| Memphis Grizzlies | +40000 | 0.2% | +40000 | 25-57 |
| Sacramento Kings | +70000 | 0.1% | +70000 | 22-60 |
Oklahoma City is +145 to win the West and San Antonio +160. For the title the two are level at +270. Denver is third in the conference at +1100 and Minnesota fourth at +1300, and no other Western team is shorter than +1900.
The two favorites played each other for the conference last season. San Antonio won that series in seven games and took Game 7 in Oklahoma City, 111-103, after the Thunder had finished with the league’s best record at 64-18 and the Spurs at 62-20. Our Western Conference odds page follows this market.
Opening night schedule and odds
| Game | Tip (ET) | Spread | Total | Moneyline |
|---|---|---|---|---|
| Boston Celtics at Detroit Pistons | 3 pm | Pistons -1.5 (-115), Celtics +1.5 (-105) | 220.5 (over -115, under -105) | Pistons -125, Celtics +105 |
| Philadelphia 76ers at New York Knicks | 7 pm | Knicks -5.5 (-108), 76ers +5.5 (-112) | 231.5 (over -110, under -110) | Knicks -185, 76ers +154 |
| Oklahoma City Thunder at San Antonio Spurs | 9:30 pm | Spurs -2.5 (-105), Thunder +2.5 (-115) | 229.5 (over -115, under -105) | Spurs -125, Thunder +105 |
Three games open the season on October 20, all on NBC, and all six teams are in the top ten of the title board. Tip times are Eastern, as ESPN lists them, and the lines are DraftKings prices read on October 12 at 05:29 UTC.
Thunder at Spurs is a rematch of that seven-game Western Conference finals, and San Antonio is a 2.5-point home favorite. 76ers at Knicks pairs the two +900 teams. New York swept Philadelphia in the second round of the 2026 playoffs and is favored by 5.5.
Each game’s prediction is listed on our NBA predictions page once it is published.
How the Knicks won the 2026 NBA Finals
New York beat San Antonio 4-1 in the 2026 Finals, played from June 3 to June 13. The Knicks won the first two games in San Antonio, lost Game 3 at home, took Game 4 by a point and closed the series on the road.
| Game | Date | Result | Played in |
|---|---|---|---|
| Game 1 | June 3 | Knicks 105, Spurs 95 | San Antonio |
| Game 2 | June 5 | Knicks 105, Spurs 104 | San Antonio |
| Game 3 | June 8 | Spurs 115, Knicks 111 | New York |
| Game 4 | June 10 | Knicks 107, Spurs 106 | New York |
| Game 5 | June 13 | Knicks 94, Spurs 90 | San Antonio |
Four of the five games were decided by four points or fewer, two of them by one. Jalen Brunson scored 45 in Game 5, averaged 32.6 points in the series and was named Finals MVP.
The Knicks went 16-3 in the playoffs. They beat Atlanta in six games, then swept Philadelphia and Cleveland. San Antonio reached the Finals past Portland in five, Minnesota in six and Oklahoma City in seven. ESPN lists no Finals MVP market for 2027 yet; our NBA Finals MVP odds page follows that market, and the NBA Finals betting guide covers betting the series.
Recent NBA champions
| Season | Champion | Runner-up | Series |
|---|---|---|---|
| 2025-26 | New York Knicks | San Antonio Spurs | 4-1 |
| 2024-25 | Oklahoma City Thunder | Indiana Pacers | 4-3 |
| 2023-24 | Boston Celtics | Dallas Mavericks | 4-1 |
| 2022-23 | Denver Nuggets | Miami Heat | 4-1 |
| 2021-22 | Golden State Warriors | Boston Celtics | 4-2 |
| 2020-21 | Milwaukee Bucks | Phoenix Suns | 4-2 |
| 2019-20 | Los Angeles Lakers | Miami Heat | 4-2 |
| 2018-19 | Toronto Raptors | Golden State Warriors | 4-2 |
| 2017-18 | Golden State Warriors | Cleveland Cavaliers | 4-0 |
| 2016-17 | Golden State Warriors | Cleveland Cavaliers | 4-1 |
Eight different teams have won the last eight titles. Golden State, in 2016-17 and 2017-18, is the last team to win two in a row, and that is what the +900 on the Knicks is asking for.
The table also shows how fast a Finals team can fall. Indiana took Oklahoma City to seven games in the 2025 Finals, went 19-63 the next season and is +4000 now.
What the NBA Finals odds mean for a bet
A futures bet pays over time only when a team’s real chance is higher than the one its price implies. At +270 the Thunder or the Spurs have to win the title more than 27.0% of the time. At +900 the Knicks or the 76ers have to win it more than 10.0% of the time. The 21.4-point margin is the cost of betting this board, and the stake stays out until the Finals are over.
We make no title pick. What would make a bet is a view the price has not caught up with, and the prices have not moved in the 18 days since September 24. The first results that can move them come on October 20, starting with Thunder at Spurs.
For the award market, see our NBA MVP odds. Our guide to what a futures bet is explains how futures odds work, and the NBA playoffs betting guide covers the postseason, which starts on April 17, 2027.