Stephen Nadler/Icon Sportswire
Author: Anthony Vlahovic
Last Updated: 13 November, 2025
The Conference Finals of the NBA playoffs have featured some of the greatest moments and games in league history. During the 2024-25 postseason, the Eastern Conference Finals provided plenty of highlights, with the Pacers outlasting the Knicks in six games.
While the Thunder made light work of Minnesota in the Western Conference Finals, repeating that success will be no easy task with the target on their back. With the season underway, NBA bettors can start looking to place their futures for conference champions, and we'll keep them up to date on all odds movement from now until the end of the 2025-26 season.
Team | Opening Odds | Current Best Odds |
|---|---|---|
Cleveland Cavaliers | +260 | +210 (FanDuel*) |
New York Knicks | +300 | +400 (DraftKings) |
Philadelphia 76ers | +1200 | +900 (Caesars*) |
Detroit Pistons | +1500 | +1100 (FanDuel) |
Orlando Magic | +425 | +1200 (DraftKings) |
Milwaukee Bucks | +2800 | +1300 (FanDuel) |
Atlanta Hawks | +5000 | +1400 (Caesars) |
Boston Celtics | +600 | +1600 (DraftKings) |
Miami Heat | +8000 | +2800 (Caesars) |
Toronto Raptors | +6600 | +4000 (FanDuel*) |
Chicago Bulls | +25,000 | +4500 (DraftKings) |
Indiana Pacers | +1600 | +13,000 (DraftKings) |
Charlotte Hornets | +50,000 | +20,000 (FanDuel) |
Brooklyn Nets | +25,000 | +80,000 (DraftKings*) |
Washington Wizards | +50,000 | +80,000 (Caesars*) |
*Odds as of November 13, 2025
*= odds available at multiple shops
Team | DraftKings | FanDuel | Caesars |
|---|---|---|---|
Cleveland Cavaliers | +210 | +210 | +210 |
New York Knicks | +400 | +380 | +370 |
Philadelphia 76ers | +800 | +900 | +900 |
Detroit Pistons | +1000 | +1100 | +800 |
Milwaukee Bucks | +1100 | +1300 | +1200 |
Orlando Magic | +1200 | +800 | +850 |
Atlanta Hawks | +1200 | +1200 | +1400 |
Boston Celtics | +1600 | +1200 | +1200 |
Miami Heat | +2200 | +2500 | +2800 |
Toronto Raptors | +3500 | +4000 | +4000 |
*Odds as of November 13, 2025
Cleveland Cavaliers: Many expected the Cleveland Cavaliers to win their first conference finals since the 2017-18 season, but their impressive regular season did not seem to impress the Indiana Pacers, who eliminated them in the conference semi-finals. While the Cavs fell short of expectations last year, there is no reason to believe they won't be in the mix again this season. To start the 2025-26 campaign, Cleveland may not be leading the league in offensive efficiency like they were last season, but they are still inside the top ten in both points scored and points allowed per 100 possessions in non-garbage time, per CleaningTheGlass.
New York Knicks: It had been 25 years since the Knicks reached the Eastern Conference Finals, and despite breaking that drought, their magical run would stop there. Following their postseason exit, Knicks management decided it was time to move on from Tom Thibodeau as head coach, and the team has hired Mike Brown to take over. To start Brown's tenure in the Big Apple, the Knicks are 4th in the league in adjusted offensive efficiency in non-garbage time (CleaningTheGlass), but it may be hard for them to maintain that pace with Jalen Brunson expected to miss time with an ankle injury.
Orlando Magic: The Magic possess a ton of young talent, but so far, that group has not been able to break through. Outside of Paolo Banchero and Franz Wagner, the Magic have struggled to consistently produce offense, which is why they started the off-season by trading Cole Anthony and Kentavious Caldwell-Pope for Desmond Bane. The former Grizzlies sharpshooter started the year struggling to produce the scoring the team needed, but he has slowly gotten back on track, helping Orlando rank tenth in point differential over the past two weeks.
Team | Opening Odds | Current Best Odds |
|---|---|---|
Oklahoma City Thunder | +125 | +150 (DraftKings) |
Denver Nuggets | +1000 | +390 (FanDuel) |
Houston Rockets | +500 | +850 (FanDuel) |
Los Angeles Lakers | +900 | +1000 (DraftKings) |
Golden State Warriors | +1600 | +1100 (FanDuel) |
Minnesota Timberwolves | +900 | +1400 (FanDuel*) |
San Antonio Spurs | +1400 | +2500 (FanDuel*) |
Los Angeles Clippers | +2200 | +3300 (Caesars) |
Dallas Mavericks | +2200 | +7000 (Caesars) |
Portland Trail Blazers | +25,000 | +22,500 (FanDuel) |
Phoenix Suns | +25,000 | +30,000 (DraftKings) |
Memphis Grizzlies | +8000 | +40,000 (DraftKings) |
New Orleans Pelicans | +15,000 | +60,000 (Caesars*) |
Sacramento Kings | +15,000 | +75,000 (FanDuel) |
Utah Jazz | +50,000 | +80,000 (DraftKings) |
*Odds as of November 13, 2025
*= odds available at multiple shops
Team | DraftKings | FanDuel | Caesars |
|---|---|---|---|
Oklahoma City Thunder | +150 | +115 | +125 |
Denver Nuggets | +360 | +440 | +350 |
Houston Rockets | +650 | +800 | +800 |
Minnesota Timberwolves | +1000 | +1400 | +1400 |
Los Angeles Lakers | +1000 | +850 | +850 |
Golden State Warriors | +950 | +1100 | +750 |
Los Angeles Clippers | +3000 | +2000 | +3300 |
Dallas Mavericks | +6000 | +4000 | +7000 |
San Antonio Spurs | +2500 | +2500 | +1800 |
Portland Trail Blazers | +20,000 | +20,000 | +20,000 |
*Odds as of November 13, 2025
Oklahoma City Thunder: For the first time in franchise history, the Oklahoma City Thunder entered a season as the reigning NBA champions. After years of building a rock-solid young core, the Thunder are now in a position to become the next dynasty. With Shai Gilgeous-Alexander running the show along with Jalen Williams and Chet Holmgren, the Thunder have the talent on both sides of the ball to keep their success rolling, no matter how big the target on their back might be. While Williams has yet to make his season debut, OKC has continued to look like the best team in the league, sitting at 12-1 and averaging a league-best 103.8 points per 100 possessions in non-garbage-time (CleaningTheGlass).
Denver Nuggets: It's been two seasons since the Nuggets became NBA champs, and while they've had enough talent to reach the postseason since then, their roster construction was not enough for a title run. Entering this season, though, that is no longer the case as Denver traded Michael Porter Jr. for Cameron Johnson and has also acquired Jonas Valanciunas from the Kings. With the new additions and Nikola Jokic's continued MVP-caliber play, Denver has the most efficient offense in the league.
Houston Rockets: Houston was bounced in the first round of the playoffs by the Warriors last season, but they quickly made some upgrades to ensure that won't happen this season. The first move they made was acquiring Kevin Durant from the Suns in exchange for Jalen Green and Dillon Brooks. Houston also retained a significant portion of their talent, which, mixed with Ime Udoka's defense-first mentality, has helped the Rockets boast the third-best point differential in the league.
Season | Winner | Opening Odds | Mid-season odds |
|---|---|---|---|
2024-25 | Indiana Pacers | +2200 | +4000 |
2023-24 | Boston Celtics | +190 | +110 |
2022-23 | Miami Heat | +600 | +1800 |
2021-22 | Boston Celtics | +2000 | +1200 |
2020-21 | Milwaukee Bucks | +200 | +275 |
2019-20 | Miami Heat | +2250 | +835 |
2018-19 | Toronto Raptors | +825 | +200 |
2017-18 | Cleveland Cavaliers | -170 | -135 |
2016-17 | Cleveland Cavaliers | -135 | -245 |
2015-16 | Cleveland Cavaliers | -175 | -285 |
Season | Winner | Opening Odds | Mid-season odds |
|---|---|---|---|
2024-25 | Oklahoma City Thunder | +475 | +105 |
2023-24 | Dallas Mavericks | +1100 | +1600 |
2022-23 | Denver Nuggets | +800 | +350 |
2021-22 | Golden State Warriors | +500 | +175 |
2020-21 | Phoenix Suns | +6000 | +1600 |
2019-20 | Los Angeles Lakers | +320 | +160 |
2018-19 | Golden State Warriors | -220 | -360 |
2017-18 | Golden State Warriors | -245 | -270 |
2016-17 | Golden State Warriors | -245 | -320 |
2015-16 | Golden State Warriors | +280 | -170 |
21+ | T&C Apply | Please gamble responsibly.




