Our NBA Championship odds page offers the latest odds and a detailed odds history, showing how each participant’s chances have been rated by the bookies since the start of the 2024-25 season.
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2024 NBA Championship Winner – Latest Developments on Odds & Favourites (via bet365) |
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Boston Celtics
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13/5 |
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Oklahoma City Thunder
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9/2 |
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New York Knicks
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8/1 |
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Dallas Mavericks
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10/1 |
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Minnesota Timberwolves
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12/1 |
We also track the following betting markets – take a look to see current odds and trends over time:
NBA Championship Winner – See the Story of Last Season:
- June 12 – Denver can wrap up their first ever NBA Championship with a win tonight, as they are 3-1 up in the series. Golden State Warriors fans will tell you that having a 3-1 lead does not mean you’re definitely going to win, but it’s extremely likely that the Nuggets do win the series. The bookies have their implied probability at just a shade under 99%.
- June 7 – It’s 1-1 in the series after the first two games in Denver. We go to Miami tonight for the third game where both teams will be looking to begin a run of wins to take a stranglehold on the series. Despite it being so close, the bookmakers still have the Nuggets as huge favourites to win the series, with an implied probability of nearly 74%.
- June 1 – The finals are set and it’s the Miami Heat against the Denver Nuggets. Denver breezed by the Lakers with a 4-0 sweep and it looked as if the Heat would be heading the same way when they shot out to a 3-0 lead against the Celtics. They made it hard for themselves by losing the next three but snuck by in the seventh game. The Nuggets are heavy favourites to win their first NBA championship with the bookmakers, with an implied probability of over 80%.
- May 16 – If you enjoyed the bubble playoffs two years ago, then I’ve got some great news for you. It’s the exact same final four this time around. I’m sure the NBA would love the two most successful franchises in league history in the Celtics and Lakers face off in the finals, but they’ll have to get through the Heat and the Nuggets respectively first. Should be an excellent conference finals.
- May 9 – The conference semifinals have been great entertainment so far. The Lakers have shown their experience against the Warriors as they lead 3-1, the Celtics and 76ers are level at 2-2, the Heat lead the Knicks 3-1 and the Nuggets and the Suns are level at 2-2. It’s all to play for, and the tracker has the Celtics as favourites to win it all, while the Lakers have surged up the tracker in to second place.
- May 2 – The first round of the playoffs is in the books and by far the biggest shock was the 1-seed Bucks getting beaten by Jimmy Butler’s 8-seed Heat. The Warriors and Lakers face off in a mouth-watering matchup in this round after Steph Curry willed his team to a series win over the Kings with a 50-point game seven. The Celtics are big favourites on the tracker to win it all, with the Nuggets in second place.
- February 10 – The trade deadline has passed, and so has the Nets championship window. Kyrie Irving was traded to the Mavericks earlier in the week and then as the deadline was approaching, the Woj bomb of Kevin Durant’s trade to the Phoenix Suns. The Nets have fallen from 12% to 1.57% in implied probability overnight, while the Suns have risen from 5.54% to nearly 20%. Can the big three of Booker, Durant, and CP3 challenge the Celtics?
- January 31 – The Celtics still have the best record in the NBA and remain comfortably atop the odds tracker. The trade deadline on February 9th is rapidly approaching, which should have a huge impact on the season.
- January 18 – The season is at its midway point and we already have a clear favourite. The Celtics, led by MVP candidate Jayson Tatum are at the top of our tracker as it stands, but with the trade deadline approaching, there will be teams that have drastic shake-ups as they look to make a run at the playoffs.
About the data
We monitor trends in odds on key markets of interest by tracking a range of UK and international bookmakers. The update frequency varies, but is clearly shown on all our tables and charts. After fetching odds direct from bookies, we convert them to implied probability to make them easier to manage (read more on implied probability and converting from fractional to % probability). We then take the mean average implied probability to get a consensus view across the betting industry. This average implied probability is what we show on our charts and tables.
