Mark Halmas/Icon Sportswire
Author: Anthony Vlahovic
Last Updated: 13 October, 2025
The Oklahoma City Thunder quickly established themselves as a genuine contender during the 2024-25 regular season. After getting a phenomenal season from Shai Gilgeous-Alexander and some injury luck throughout the playoffs, they went from contender to champion.
With the 2024-25 season all wrapped up following a thrilling playoffs, NBA fans can turn their attention to next season, where multiple teams will be without their stars due to injury, and the Thunder will be looking to repeat. Down below, fans can stay up to date on all odds changes throughout the off-season, regular season, and postseason.
Team | Opening Odds | Current Best Odds |
---|---|---|
Oklahoma City Thunder | +240 | +250 (BetMGM) |
Denver Nuggets | +1600 | +750 (FanDuel) |
Cleveland Cavaliers | +700 | +850 (DraftKings) |
New York Knicks | +700 | +1100 (FanDuel) |
Los Angeles Lakers | +1500 | +1600 (BetMGM*) |
Minnesota Timberwolves | +1400 | +1600 (FanDuel) |
Houston Rockets | +800 | +1700 (FanDuel) |
Orlando Magic | +1800 | +2200 (DraftKings) |
Los Angeles Clippers | +2500 | +2500 (DraftKings) |
Golden State Warriors | +3000 | +3000 (BetMGM) |
Dallas Mavericks | +3500 | +4000 (FanDuel*) |
Philadelphia 76ers | +3500 | +4000 (BetMGM) |
Atlanta Hawks | +25000 | +4500 (DraftKings) |
Detroit Pistons | +6600 | +6000 (DraftKings) |
Milwaukee Bucks | +10000 | +6500 (FanDuel) |
San Antonio Spurs | +2500 | +6500 (DraftKings) |
Boston Celtics | +1600 | +6600 (BetMGM) |
Indiana Pacers | +6600 | +13000 (DraftKings) |
Memphis Grizzlies | +15000 | +20000 (DraftKings) |
Miami Heat | +25000 | +25000 (DraftKings) |
Toronto Raptors | +20000 | +30000 (DraftKings) |
Sacramento Kings | +30000 | +50000 (BetMGM*) |
New Orleans Pelicans | +25000 | +60000 (DraftKings) |
Phoenix Suns | +30000 | +75000 (FanDuel) |
Chicago Bulls | +30000 | +80000 (DraftKings) |
Portland Trail Blazers | +50000 | +80000 (DraftKings) |
Brooklyn Nets | +50000 | +100000 (BetMGM*) |
Washington Wizards | +100000 | +100000 (BetMGM*) |
Charlotte Hornets | +50000 | +100000 (BetMGM*) |
Utah Jazz | +100000 | +100000 (DraftKings*) |
Odds as of October 10, 2025
* = The same odds are offered by multiple sportsbooks.
Team | |||
---|---|---|---|
OKC Thunder | +245 | +210 | +250 |
DEN Nuggets | +600 | +750 | +550 |
CLE Cavaliers | +850 | +650 | +750 |
NY Knicks | +850 | +850 | +900 |
HOU Rockets | +1100 | +1700 | +1500 |
LA Lakers | +1400 | +1600 | +1600 |
MIN Timberwolves | +1400 | +1600 | +1300 |
GS Warriors | +1800 | +2500 | +3000 |
ORL Magic | +2200 | +2000 | +1800 |
LA Clippers | +2500 | +1600 | +1600 |
Odds as of October 10, 2025
Oklahoma City Thunder: The reigning NBA champs will enter this season in the hopes of building their own dynasty. Oklahoma City was second in adjusted offensive efficiency and first in adjusted defensive efficiency last season, so even with the target on the back of Shai Gilgeous-Alexander and the Thunder's young core, they still looked primed for another deep playoff run.
Denver Nuggets: Many NBA analysts believe this Nuggets team is the best supporting cast that Nikola Jokic has had, which is saying something since they won the title a few years ago. Denver went out and got Cameron Johnson, who can shoot like Michael Porter Jr and adds more competitiveness on defense. After finishing 4th in adjusted offensive efficiency but 21st in adjusted defensive efficiency, that defensive component will be key for the Nuggets.
Cleveland Cavaliers: In their first season with Kenny Atkinson at the helm, the Cavaliers had the top-rated offense in the league. While they would lose a few crucial pieces from last year, Cleveland still looks to be in a good place entering the 2025-26 season. Donovan Mitchell, Darius Garland, and Evan Mobley will still lead the charge, while guys like De'Andre Hunter, Lonzo Ball, and Sam Merrill will act as important role players.
Conference | DraftKings | Bet365 |
---|---|---|
Western Conference | -250 | -220 |
Eastern Conference | +200 | +170 |
Division | BetMGM | DraftKings |
---|---|---|
Northwest | +145 | +115 |
Southwest | +525 | +650 |
Atlantic | +525 | +650 |
Central | +525 | +650 |
Pacific | +650 | +600 |
Southeast | +875 | +1400 |
Outcome | DraftKings | Bet365 |
---|---|---|
No | -750 | -800 |
Yes* | +500 | +500 |
* "Yes" means that either Nets, Hornets, Pacers, Clippers, Grizzlies, Timberwolves, Pelicans, Magic, Suns or Jazz wins the NBA Championship in 2026.
State | DraftKings | BetMGM |
---|---|---|
Any other state | -185 | -200 |
Texas | +650 | +575 |
California | +600 | +650 |
New York | +850 | +750 |
Florida | +2000 | +1600 |
Texas: Mavericks, Rockets, or Spurs
California: Lakers, Warriors, Clippers, or Kings
New York: Knicks or Nets
Florida: Heat or Magic
Finalists | BetMGM |
---|---|
Cavaliers vs Thunder | +900 |
Knicks vs Thunder | +1000 |
Magic vs Thunder | +1800 |
Cavaliers vs Rockets | +1850 |
Knicks vs Rockets | +2000 |
Cavaliers vs Nuggets | +2000 |
Magic vs Rockets | +3000 |
76ers vs Thunder | +3000 |
Cavaliers vs Timberwolves | +3500 |
Knicks vs Timberwolves | +3500 |
Cavaliers vs Lakers | +4000 |
Celtics vs Thunder | +4000 |
Knicks vs Lakers | +4000 |
Pistons vs Thunder | +4000 |
Pacers vs Thunder | +6600 |
Celtics vs Rockets | +8000 |
Finalists | DraftKings |
---|---|
Thunder to beat Cavaliers | +1100 |
Thunder to beat Knicks | +1200 |
Thunder to beat Magic | +2200 |
Nuggets to beat Cavaliers | +2500 |
Nuggets to beat Knicks | +3000 |
Thunder to beat Hawks | +3000 |
Knicks to beat Thunder | +3000 |
Cavaliers to beat Thunder | +3000 |
Rockets to beat Cavaliers | +3500 |
Rockets to beat Knicks | +4000 |
Thunder to beat 76ers | +4500 |
Season: Winner | Runner-Up | Opening odds | Playoffs R1 odds | Finals odds |
---|---|---|---|---|
2024-25: Oklahoma City Thunder | Indiana Pacers | +950 | +185 | -700 |
2023-24: Boston Celtics | Dallas Mavericks | +550 | +160 | -225 |
2022-23: Denver Nuggets | Miami Heat | +1400 | +1000 | -430 |
2021-22: Golden State Warriors | Boston Celtics | +1200 | +1000 | -145 |
2020-21: Milwaukee Bucks | Phoenix Suns | +500 | +850 | +160 |
2019-20: Los Angeles Lakers | Miami Heat | +1800 | +280 | -350 |
2018-19: Toronto Raptors | Golden State Warriors | +6600 | +975 | +230 |
2017-18: Golden State Warriors | Cleveland Cavaliers | -168 | +137 | -1075 |
2016-17: Golden State Warriors | Cleveland Cavaliers | +215 | -173 | -300 |
2015-16: Cleveland Cavaliers | Golden State Warriors | +300 | +475 | +180 |
2014-15: Golden State Warriors | Cleveland Cavaliers | +2500 | +175 | -220 |
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