2025 NBA Championship Odds and Favorites To Win NBA Finals: Celtics Title Favorites
Around and around they go. The 2025 NBA championship odds market has seen another swap at the top with the Boston Celtics once again overtaking the Oklahoma City Thunder as favorites. 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
🍀 Celtics NBA championship odds: +210
Boston has 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 the NBA Finals favorites. Boston is the perfect blend of depth and experience, which is why the sportsbooks believe it can be the first team to go back-to-back since 2017-18.
Best odds: +210 via DraftKings | Implied probability: 32.26%
Terms and conditions apply.
🌩️ Thunder NBA championship odds: +220
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 are one of the best defensive units of the modern era, and they have the NBA MVP odds front-runner leading the charge on offense.
Mark Daigneault's team has yet to win a championship, though, which has some bettors hesitant.
Best odds: +220 via Caesars | Implied probability: 31.25%
New users only. Must use promo code. Min. $10 deposit. Max. bonus is ten 100% Profit Boost tokens. Profit Boost tokens expire in 14 days. Void where prohibited. Full terms.
👀 My NBA championship odds teams to watch
⚔️ Cavaliers NBA championship odds: +900
It's hard to stop a team as offensively diverse as Cleveland, as its second-rated scoring offense shows. The Cavs have seven players - Donovan Mitchell, Darius Garland, Evan Mobley, De'Andre Hunter, Jarrett Allen, Ty Jerome, and Caris LeVert - averaging 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 as they remain atop the Eastern Conference. A $10 winning wager at this stage returns $70 in profits.
Best odds: +700 via BetRivers | Implied probability: 12.50%
Terms and conditions apply.
👑 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, with two of the NBA's top players at JJ Reddick's disposal, Los Angeles is a legitimate threat.
Best odds: +1800 via FanDuel | Implied probability: 5.26%
New customers only. Deposit min. $5. Place first bet of $5+ and win $200 in Bonus Bets, if your bet wins. (within 72 hours).
🔢 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 Boston Celtics are the favorites to win the 2025 NBA championship at +210. Those odds imply a probability of 32.26% that the Celtics will go back-to-back.
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
🏀 Best NBA betting sites
Looking to bet on the NBA? Here are our best NBA betting sites as determined by our expert team at Sportsbook Review, along with our best sportsbook promos available for tonight's NBA games.
- Caesars Promo Code: SBRBONUSDYW | Read our Caesars Review
- BetMGM Bonus Code: SBRBONUS | Read our BetMGM Review
- bet365 Bonus Code: SBRBONUS | Read our bet365 Review
- FanDuel Promo Code | Read our FanDuel Review
- DraftKings Promo Code | Read our DraftKings Review
(21+. Gambling Problem? Call 1-800-GAMBLER)
* Bonuses not applicable in Ontario.
Not intended for use in MA.
Each betting site featured on SBR has been meticulously researched and selected by our team of experts. If you sign up through our links, we may get a commission.
Related Articles
