2024-25 NBA Finals Odds: Thunder the Favorite, Celtics Slide
NBA championship odds are heating up, now that the 2024-25 playoffs are well into the second round. The Oklahoma City Thunder are the favorites in odds to win the NBA Finals, but there's a big change with the No. 2 choice.
The defending champion Boston Celtics entered the postseason just behind OKC in odds to win the NBA Finals. But the Celtics are now in a 3-1 hole vs. the New York Knicks, plus superstar Jayson Tatum suffered a torn Achilles in Game 4, ending his season.
That's disappointing for BetMGM and likely many other sportsbooks. Boston's NBA Finals odds were so short all season that liability never stacked up. Now, the Celtics are +3000, seventh among the eight remaining teams.
"We'd be upset to see the Celtics go. The Thunder are the only team better for us. We've been cheering for a Celtics-Thunder Finals for just about the entire year," BetMGM trader Hal Egeland said. "But the Celtics aren't much better for us than the Knicks, surprisingly."
At the moment, OKC is the even-money favorite, followed by those surging Knicks at +500. Then come two more surprise second-round teams, the Minnesota Timberwolves (+600) and Indiana Pacers (+900).
Minnesota leads Golden State 3-1, and BetMGM would be over the moon to see the Warriors eliminated. Golden State is the big remaining liability.
"It would be ideal for the Wolves to take care of business in the second round, as well," Egeland said.
Check back regularly for updates and use our BetMGM bonus code to get the most out of your action on 2025 NBA championship odds. For granular game reports and action for the first round and beyond, check out our 2025 NBA Playoff odds report!
Below are current NBA Finals odds from several sportsbooks.
Nba Champion Odds
| Time | Bet365 | BetMGM | DraftKings | Caesars | ESPNBet | FanDuel | BallyBet | RiversCasino | |
|---|---|---|---|---|---|---|---|---|---|
| |  › |  › |  › |  › |  › |  › |  › |  › | |
| -135 | -135 | -130 | -130 | -135 | -106 | ||||
| +450 | +500 | +500 | +475 | +490 | +500 | ||||
| +550 | +600 | +550 | +575 | +600 | +500 | ||||
| +700 | +650 | +600 | +650 | +650 | +800 | ||||
| +1200 | |||||||||
| +3000 | +3000 | +3000 | +2800 | +3100 | +1600 | ||||
| +2200 | +3000 | +3000 | +2500 | +2600 | +2500 | ||||
| +15000 | +20000 | +15000 | +15000 | +18000 | +25000 |
Opening Odds to win 2024-25 NBA Finals
The Boston Celtics are the defending champions and they opened as a +300 betting choice to repeat as champions.
- Boston Celtics +300
- Denver Nuggets +750
- Minnesota Timberwolves +850
- Dallas Mavericks +900
- Milwaukee Bucks +1000
- Oklahoma City Thunder +1000
- Philadelphia 76ers +1600
- New York Knicks +1600
- Los Angeles Clippers +2800
- Miami Heat +3000
- Phoenix Suns +3000
- Cleveland Cavaliers +3500
- Golden State Warriors +3500
- Los Angeles Lakers +4000
- Indiana Pacers +5000
- Memphis Grizzlies +5000
- New Orleans Pelicans +5000
- Sacramento Kings +5500
- Orlando Magic +8000
- Atlanta Hawks +10000
- Houston Rockets +15000
- San Antonio Spurs +15000
- Chicago Bulls +30000
- Portland Trail Blazers +100000
- Detroit Pistons +100000
- Charlotte Hornets +100000
- Toronto Raptors +100000
- Washington Wizards +100000
- Brooklyn Nets +100000
- Utah Jazz +100000
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Best Bets
How To Bet On NBA Futures
Betting on the NBA is widely popular in the United States and the NBA Futures Odds market continues to cater to both novice and professional bettors. The NBA championship is decided very June with a best-of-seven matchup known as the NBA Finals.
This Future Odds market is open year-round and the oddsmakers will adjust their numbers when trades, injuries, free agent signings, or other changes affect the NBA championship odds. The opening odds come out at the end of the current season or just after it ends, with NBA Future Odds posted on all 30 teams in the league.
For extra value betting on NBA games, use our BetMGM bonus code and get bonus bets as a new user welcome.
Betting on NBA Futures may not always provide big payouts due to the nature of the league, where dynasties are often created by player movement in free agency. However, betting on the right team early can provide better results, as seen in 2019 when the Toronto Raptors won with +1850 odds to win the NBA championship in August 2018. Compare that to the +750 odds the Raptors had in December 2018 and you can see how the NBA Futures odds could offer less value as the season progresses and the player talent is on display.
The NBA championship futures betting market takes in the most volume of wagers and money at sportsbooks. But there are other wagering opportunities in the NBA Futures market, including conference and division winners.
Sportsbooks also offer up NBA futures odds on specific player awards, usually just for Most Valuable Player and Rookie of the Year. These wagers are a little tricky since those bets and their results are based off subjectivity. Both awards are determined by votes from sports writers and we all know that everybody has an opinion.
Where Can I Bet On The 2025 NBA Championship?
There are several legal sportsbook options in the United States. One sportsbook that we are particularly excited about is Fanatics Sportsbook. Be sure to check out our review and take a look at their NBA betting options!
What Types Of Bets Can I Make ON The NBA?
In addition to betting on how teams will finish in the NBA Playoffs, there are multiple angles you can bet on individual games. Check out our NBA Las Vegas odds page for the standard betting odds on each game.
Where Can I Learn How To Bet On Basketball?
To learn more about betting on basketball, check out our basketball betting tutorial.
Remember, you can also bet the NBA finals with the bet365 bonus code!
