🏀 NBA Finals Odds 2026: Thunder Favored to Repeat as Spurs, Celtics Chase Title
The 2026 NBA Finals odds feature the Oklahoma City Thunder as a +135 betting favorite to win outright, ahead of the San Antonio Spurs and Boston Celtics, who are both listed at +550.
The Denver Nuggets (+1100) have the fourth-shortest odds, ahead of the Cleveland Cavaliers (+1600), New York Knicks (+1800), and Detroit Pistons (+2200). The Houston Rockets (+6600), Minnesota Timberwolves (+10000), and Atlanta Hawks (+15000) round out the top 10.
๐ Live NBA Finals odds 2026: Who will win the championship?
Our 2026 NBA Finals odds update in real time, based on the latest NBA odds.
There should be no surprise that the Thunder (+135) are the betting favorite to win the 2026 NBA Finals, as they finished with the league's best record (64-18) and are the defending champions.
However, the Celtics (+550) rank first in net team EPM, according to Dunks & Threes, and the Hornets (+17000) have the highest offensive team EPM.
While the Hornets have arguably the best offense in the NBA, their average age (by minutes) is just 24, which is the third-youngest in the league and the lowest of any team in the postseason.
๐ NBA Finals betting insights
NBA Finals betting insights via BetMGM, current as of April 13:
| Winning Team ๐ | Current odds ๐ฏ | Ticket % ๐๏ธ | Handle % ๐ต |
|---|---|---|---|
| Spurs | +450 | 11.9% | 20.5% |
| Nuggets | +1000 | 11.6% | 10.5% |
| Thunder | +135 | 11.1% | 15.3% |
| Pistons | +1800 | 10.2% | 9.7% |
| Celtics | +550 | 8.7% | 8.2% |
| Lakers | +25000 | 7.9% | 7.4% |
| Knicks | +1800 | 6.8% | 4.8% |
| Cavaliers | +1400 | 5.1% | 3.3% |
| Timberwolves | +5000 | 4.5% | 4.5% |
| Rockets | +6600 | 3.7% | 2.3% |
| 76ers | +15000 | 2.8% | 3.3% |
| Warriors | +50000 | 2.7% | 2.6% |
| Hornets | +12500 | 1.7% | 0.6% |
| Suns | +50000 | 1.6% | 0.7% |
| Raptors | +50000 | 1.3% | 0.4% |
| Clippers | +50000 | 1.2% | 1% |
| Hawks | +12500 | 0.9% | 0.6% |
| Magic | +25000 | 0.9% | 0.4% |
| Heat | +50000 | 0.6% | 0.4% |
| Trail Blazers | +250000 | 0.4% | < 0.1% |
BetMGM looks to be in a good position no matter the result, with the Spurs - who account for 20.5% of the handle - being the worst outcome.
The Spurs opened at +2500, which could create more liability for BetMGM if it took large wagers at open, but the more likely scenario is that higher rollers were betting San Antonio closer to the end of the season (due to the time value of money).
The Thunder account for 15.3% of the handle, but they opened at +240, so BetMGM doesnโt have to worry about paying out tickets at long odds.
๐ข NBA Finals winner opening odds
Odds via DraftKings.
- Thunder: +230
- Rockets: +750
- Cavaliers: +850
- Knicks: +850
- Timberwolves: +1300
- Lakers: +1400
- Nuggets: +1500
- Celtics: +1900
- Warriors: +2000
- Magic: +2200
- Spurs: +2500
- 76ers: +3500
- Pacers: +3500
- Clippers: +4000
- Mavericks: +4000
- Bucks: +6000
- Pistons: +6000
- Heat: +17000
- Raptors: +18000
- Grizzlies: +20000
- Hawks: +20000
- Pelicans: +25000
- Kings: +30000
- Nets: +40000
- Suns: +50000
- Bulls: +70000
- Trail Blazers: +70000
- Wizards: +100000
- Hornets: +100000
- Jazz: +100000
The Rockets' power rating has dropped, as the market expected Houston to be the second-best team - they have the eighth-shortest odds to win outright. The Rockets lost Fred VanVleet in the offseason, and Kevin Durantโs impact has not been as valuable as the market expected.
The Spurs going from the 11th-ranked team in the offseason to the second-best before the postseason represents a dramatic jump. Victor Wembanyama has been better than expected - he was a -8000 favorite to win Defensive Player of the Year at close - and Keldon Johnson has stepped up as an elite sixth man.
โ NBA Finals FAQs
Who is favored to win the 2026 NBA Finals?
The Oklahoma City Thunder are the betting favorite to win the 2026 NBA Finals at +135 odds.
Who won the NBA Finals last season?
The Oklahoma City Thunder won the NBA Finals last season, beating the Indiana Pacers in seven games.
When will the 2026 NBA Finals be decided?
The 2026 NBA Finals will start sometime in June.
When's the last time an NBA team won back-to-back titles?
The last team to win the NBA Finals in back-to-back seasons was the Golden State Warriors in 2017 and 2018.
Who won NBA Finals MVP last season?
Oklahoma City Thunder guard Shai Gilgeous-Alexander won NBA Finals MVP in 2025.
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