NBA Futures Betting Odds
NBA - Championship 2023
NBA - Eastern Conference 2022-23
NBA - Western Conference 2022-23
What Are NBA Futures?
NBA futures in a nutshell are essentially NBA bets on NBA events that have yet to occur. Betting on NBA futures is very popular, especially in the United States, for both novice and professional bettors. With NBA futures, basketball bettors can wager on which team they believe will win the NBA championship. While the NBA championship futures market takes in the most volume of bets and money at sportsbooks online, there are plenty of other opportunities in the NBA futures betting market.
Betting on NBA futures also allows basketball fans to wager on which NBA teams will win their respective divisions, and which ones will win the Eastern and Western conferences. There’s also a bunch of other fun prop bets in NBA futures wagering, such as which player will win NBA MVP, who will be Rookie of the Year, or who will win individual awards like Defensive Player of the Year, Sixth Man, and Most Improved.
NBA Championship Futures
The NBA championship is typically decided every June in a best-of-seven series known as the NBA Finals. When wagering on NBA playoff futures for who will win the NBA title, oddsmakers update futures odds all season long. If the Milwaukee Bucks are tearing it up and sitting near the top of the standings or power rankings, their odds will improve. If the Golden State Warriors are struggling and riddled with injuries, you will see their odds drop.
There are also trades to take into consideration, as well as free-agent signings and coaching changes that can affect championship odds. The opening NBA championship futures odds are released at the end of the current NBA season after the last NBA game has been played, with NBA futures odds listed for all 30 teams in the Association.
For example, the NBA’s best team, the Phoenix Suns, might have +200 odds to win the NBA championship, while a last-place team like the Oklahoma City Thunder might have odds of +50000 to win the Larry O’Brien Trophy. A $100 wager on the Suns would profit you $200 if they were to win it all, while a $100 wager on the Thunder would result in a profit of $50,000 if OKC won the championship.
Futures odds are constantly changing over the course of the NBA season as teams get hot or cool down. For example, the Memphis Grizzlies might have opened the season with +10000 odds in the NBA Finals futures market, but after a long win streak they can move their way up the ladder to +1550.
The same goes for teams that are struggling. For instance, the Los Angeles Lakers’ NBA championship odds might start strong at +550 but after a poor stretch of play, their odds could drop as low as +8000.
Line movement in the NBA is constant, so be sure to get your NBA futures bet placed when odds are at their best.
Our odds calculator helps you determine how much money you could win, based on the betting odds and amount of money wagered. We have American odds, decimal odds, fractional odds and implied odds, which are represented by a percentage.
Due to the nature of the league, where dynasties are often built by player movement in free agency, betting on NBA futures might not always be the most profitable endeavor. But betting on the right team early on can provide better results.
Take the 2019 Toronto Raptors, for example, who won the Larry O’Brien Trophy after having +1850 odds in August 2018. As the regular season progressed, their odds shifted to +750 in December 2018. It’s easy to see how NBA futures odds can offer less value as the season unfolds. We The North were a prime example of that.
NBA Division Futures
The National Basketball Association is broken into two conferences, and divided into six divisions:
Eastern Conference Divisions
Western Conference Divisions
NBA futures let you wager on which teams you think will win the division in which they play.
NBA Conference Futures Betting
Similar to divisional futures betting, conference futures betting is another type of NBA futures bet where you predict the winner of the NBA Eastern Conference (NBA East) or the NBA Western Conference (NBA West). The difference between divisional and conference betting is that there are only five teams within each division, whereas there are 15 teams in each conference.
NBA Awards Betting
Online betting sites also offer NBA futures odds on player performances and seasonal awards. Online sportsbooks will have NBA futures odds for which players are favorites to win:
You can even bet on which bench boss will win Coach of the Year. However, the best NBA futures bets can be somewhat difficult to predict because their results are subjective. NBA awards are based on opinion and determined by votes from members of the media.
NBA Draft Betting
Another great way to bet on NBA futures is wagering on the NBA draft. The draft often has unpredictable moments such as a top-ranked player dropping or a team taking a flier on an under-the-radar prospect. Most sportsbooks will allow you to wager on various unique NBA draft props such as who will be the first overall pick, the order of the top three draft picks, or the OVER/UNDER on how many selections will come from powerhouse schools like Duke or Kentucky.
NBA Futures Odds FAQ
What Are NBA Futures?
NBA futures are basketball bets on long-running NBA events, like which team will win the NBA championship and which teams will win their respective conferences. NBA futures odds are posted before the beginning of the regular season and are updated based on the standings, injuries and a pile of other factors until the season’s final buzzer sounds.
Can I Bet On NBA Futures Odds?
Yes, you can most definitely bet on NBA futures odds. There are a number of National Basketball Association futures wagers to be placed on bet types such as which team will win the NBA title or which player will win league MVP. Find a sportsbook to place an NBA futures odds bet at our sportsbook review page.
Which Teams Have The Best Odds To Win The NBA Championship?
The Phoenix Suns, Brooklyn Nets, Milwaukee Bucks and Golden State Warriors are the four NBA teams who currently have the best NBA futures odds to win the NBA championship. However, it’s important to note that the NBA betting odds that appear in the tables change over the course of the regular season.