
The 2025-26 NBA championship odds predictably have Oklahoma City at the top after a dominant run last year. The rest of the league has retooled to try and take down the Thunder, but can they do it?
I’ll examine the NBA title odds for all favorites, a few contenders, and a couple of longshots, before sharing my NBA championship betting prediction!
2025-26 NBA Championship Odds
| TEAM | NBA CHAMPIONSHIP ODDS |
|---|---|
| Oklahoma City Thunder | +135 |
| Denver Nuggets | +500 |
| San Antonio Spurs | +1200 |
| Cleveland Cavaliers | +1400 |
| Boston Celtics | +1500 |
| New York Knicks | +1600 |
| Detroit Pistons | +1600 |
| Houston Rockets | +2000 |
| Minnesota Timberwolves | +2800 |
| Los Angeles Lakers | +4000 |
The Oklahoma City Thunder (+135) haven’t moved from the top of the board at top NBA betting sites all season! They have dropped from a 47.6% implied probability to 42.6% due to a couple injuries, however, and one contender has closed the gap separately since January 21.
Denver (+500) has moved up from +650, and Nikola Jokić is back from injury. San Antonio (+1200) has dropped slightly from +1000, but Boston (+1500) has held steady. The big mover is Cleveland (+1400), who was +3300 before trading Darius Garland to the LA Clippers for James Harden. However, I’d like to see more from the Cavs before I believe in that NBA championship betting price.
There are a couple of longshots from the West, such as Houston (+2000) and Minnesota (+2800). But both have glaring issues that need to be addressed.
You can find these NBA championship odds at Lucky Rebel by heading to Sports > Basketball > NBA Futures.
NBA Championship Favorites
I’ll tip off my analysis of the NBA championship odds by looking at the favorites, of course, the defending champs and their closest challengers!
Oklahoma City Thunder (+135)
-
- Head Coach: Mark Daigneault
- 2024-25 Record: 68-14 (Won NBA title)
- NBA Titles: 2 (1 as Seattle Supersonics)
- Key Players: Shai Gilgeous-Alexander, Chet Holmgren, Jalen Williams
The Thunder at +135 represents genuine value for a team that checks nearly every championship box. Shai Gilgeous-Alexander is the frontrunner for back-to-back MVP honors. The Thunder still have the league’s stingiest defense, which can translate to deep playoff runs. The implied probability here sits around 42%, which feels light for a squad that’s already proven they can win when it matters most as defending champions.
LeBron James spoke out after the loss to the Oklahoma City Thunder.
“You want me to compare us to them? That’s a championship team, we’re not. We can’t maintain energy and intensity for 48 minutes, and they can. That’s why they won a title,” LeBron complained.
— LeBron Nations (@LeBronNations) February 10, 2026
The injury concern is worth monitoring, but this roster has shown impressive depth all season. Their defensive identity doesn’t rely on one player, and SGA’s ability to control tempo means they can adjust their style when needed. Championship experience matters more than bettors typically account for, and this group knows exactly what it takes to navigate the playoff grind. Chet Holmgren and Jalen Williams should also raise their game come playoff time.
The Thunder aren’t getting the same attention as some higher-profile contenders, which I think is fatigue. However, it creates this NBA championship betting opportunity. At plus-money odds for a defending champion with the league’s best defense and an MVP-caliber superstar, you’re getting the type of championship bet that makes sense from a value perspective.
Denver Nuggets (+500)
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- Head Coach: David Adelman
- 2024-25 Record: 50-32 (Lost Western Conference Semifinals)
- NBA Titles: 1
- Key Players: Nikola Jokić, Jamal Murray, Aaron Gordon, Cam Johnson
The Nuggets at +500 present a fascinating case study in how championship pedigree can mask developing vulnerabilities. Yes, three-time MVP Nikola Jokić remains the most complete offensive player in basketball. Denver’s offensive system continues humming along as one of the league’s most efficient. The problem is what happens on the other end of the floor.
Denver’s defensive struggles have become almost impossible to ignore, and that’s typically where championship dreams die in the playoffs. When teams can consistently score against you, even the league’s best offense needs to be perfect every night. Jamal Murray’s health status adds another layer of uncertainty. He’s shown flashes of his 2023 championship brilliance, and finally made the All-Star team. But can he stay healthy? Aaron Gordon’s nagging injuries further complicate matters, as his versatility on both ends is crucial to their system working.
The +500 odds suggest the 2025-26 NBA title odds see Denver as a legitimate contender, but that 16.7% implied probability feels generous given these defensive concerns. Championship teams typically need to flip a switch defensively in the postseason, and there’s little evidence Denver possesses that gear. The talent is undeniable, but the path to repeating requires addressing fundamental issues that haven’t improved. This feels like a fade spot rather than a value opportunity.
NBA Title Contenders
Next, I’ll consider the contenders that could push themselves into the top tier, if they can stay healthy and find another gear.
San Antonio Spurs (+1200)
- Head Coach: Mitch Johnson
- 2024-25 Record: 34-48 (Missed Playoffs)
- NBA Titles: 5
- Key Players: Victor Wembanyama, De’Aaron Fox, Stephon Castle
The Spurs at +1200 present an intriguing, but ultimately risky championship proposition that hinges entirely on one player. Victor Wembanyama’s two-way dominance has transformed San Antonio into a legitimately balanced squad on both ends of the floor, but that’s precisely where the concern lies. This franchise lives and dies with their generational talent in a way that should give bettors serious pause.
The injury risk here cannot be overstated. Wembanyama’s unique frame carries inherent durability questions, and the Spurs simply aren’t a championship-caliber team without him on the court. They have veteran depth and secondary star power to weather any extended absence, but what about the playoffs?
Even at full strength, San Antonio faces legitimate questions about playoff experience and clutch-time execution. The supporting cast remains unproven in high-stakes situations, and asking a second-year player to carry a title run represents a massive leap. The NBA championship odds might look tempting compared to the usual suspects, but the 7.7% implied probability doesn’t adequately account for the fragility of their championship path. There are safer investments in this market with more established rosters with less risk.
Boston Celtics (+1500)
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- Head Coach: Joe Mazzulla
- 2024-25 Record: 61-21 (Lost in Conference Semifinals)
- NBA Titles: 18
- Key Players: Jaylen Brown, Derrick White, Payton Pritchard
The Celtics at +1500 is a study in conditional value. Boston’s got the infrastructure as Jaylen Brown delivers on both ends of the floor, and they’re exceptionally well-coached with a system that maximizes their talent. The problem? That nagging question about whether this roster can actually win it all without Jayson Tatum healthy.
Brown’s a legitimate two-way star, but asking him to be the primary engine for a championship run feels like a stretch. Brown has great clutch numbers, but I just don’t know if I trust it in the playoffs. Boston’s defensive schemes and coaching can mask some limitations during the regular season, but playoff basketball exposes every weakness when rotations tighten and possessions matter more.
The +1500 odds translate to roughly a 6.3% implied probability, which might actually be generous given the Tatum health concerns. He has been practicing with Boston’s G League team. Boston could absolutely make noise and reach the Conference Finals based on their system and Brown’s excellence, but betting them to win it all requires believing they can overcome what looks like a significant talent gap at the top, compared to the league’s elite squads.
Detroit Pistons (+1600)
- Head Coach: J.B. Bickerstaff
- 2024-25 Record: 44-38 (Lost in First Round)
- NBA Titles: 3
- Key Players: Cade Cunningham, Jalen Duren, Tobias Harris, Duncan Robinson, Austin Reaves
The Pistons at +1600 for an NBA Championship represents a classic longshot that looks tempting on paper, but crumbles under scrutiny. Detroit has shown genuine improvement this season, and Cade Cunningham has developed into a legitimate franchise cornerstone who can control games. They’re also second to Oklahoma City in defensive rating.
Is the Detroit Pistons offense good enough to be legit title contenders? pic.twitter.com/a96CnEIp9V
— Ku (@KuKhahil) February 13, 2026
The problem is that one star doesn’t win championships in today’s NBA, and Detroit’s roster exposes this. They desperately need a reliable second scorer who can take pressure off Cunningham in playoff situations. Without that complementary piece, opposing defenses can load up on the former Oklahoma State star and dare the supporting cast to beat them. The Eastern Conference also features multiple legitimate contenders with far more complete rosters.
These NBA title odds suggest the market views Detroit as a feel-good story rather than a genuine threat, despite having the league’s best record coming out of the All-Star break. The Pistons are building something promising for the future, but championship contention remains at least another season away. This money finds better value elsewhere in the field.
NBA Title Betting Longshots
Finally, I’ll analyze two longshots that will need a few breaks to compete with the top teams, but there is betting value there!
Houston Rockets (+2000)
- Head Coach: Ime Udoka
- 2024-25 Record: 52-30 (Lost in First Round)
- NBA Titles: 2
- Key Players: Kevin Durant, Alperen Şengün, Amen Thompson, Reed Sheppard
The Rockets at +2000 feels shakier than it might appear at first glance. Houston’s defensive improvements and young talent have turned heads, yet their offensive inconsistency remains a legitimate concern. When the ball movement stalls and possessions become isolation-heavy, this team can look pedestrian against elite competition.
Reporter: “How often do you see Kevin Durant checking his phone after the game for Twitter?”
Sengun: “I don’t talk about locker room stuff.” 😅
(h/t @Fullcourtpass )
— NBACentral (@TheDunkCentral) February 17, 2026
The Kevin Durant burner-phone situation adds another layer of uncertainty that bettors need to factor in. Off-court distractions have derailed promising seasons before, and while Houston’s core is talented, championship runs require complete focus and chemistry. The Western Conference gauntlet alone makes this a steep climb. Getting through multiple playoff rounds without offensive droughts catching up to them seems optimistic.
At 20-to-1, you’re banking on everything breaking right: their defense staying elite, their offense finding consistency at crucial moments, and no chemistry issues materializing. That’s a lot of dominoes that need to fall perfectly. The two-way potential is real, but championship-caliber teams typically don’t struggle with offensive stagnation the way Houston occasionally does. The Thunder offer a more complete package with better odds of navigating the playoff grind, making them the smarter investment in a crowded Western Conference.
Minnesota Timberwolves (+2800)
- Head Coach: Chris Finch
- 2024-25 Record: 49-33 (Lost in Conference Finals)
- NBA Titles: 0
- Key Players: Anthony Edwards, Rudy Gobert, Julius Randle, Naz Reid
The Timberwolves at +2800 is a tough price to figure out. Anthony Edwards has undeniably elevated into superstar territory, yet the team’s nightly inconsistency raises serious questions about their ability to sustain excellence through a playoff run. Minnesota can look dominant one evening and disjointed the next, which doesn’t inspire confidence when you’re betting on a four-series gauntlet.
The Wolves have showed flashes this season, but translating regular season potential into postseason dominance requires a reliability they haven’t consistently demonstrated. Their defensive identity can waver, and when Edwards isn’t carrying the offensive load, the supporting cast doesn’t always step up convincingly.
At these odds, you’re getting decent value on paper. The implied probability sits around 3.4%. But championship bets demand more than just talent. They require execution under pressure, something Minnesota’s volatility makes questionable. The roster has good pieces, but betting on them to outlast more consistent contenders is a difficult sell. If you’re hunting value in the West, there are steadier options that don’t hinge on hoping the Wolves finally find that elusive consistency when it matters most.
NBA Championship Betting Pick and Prediction
I’m sticking with the Oklahoma City Thunder as my NBA championship betting prediction, as long as they’re at plus odds. They’re still +135, which I think is excellent value for a team that has proven they can win. At this point, I find it difficult to come up with a reason to take anyone other than OKC, especially at this price!
I’d keep an eye on Boston in the East, if Tatum comes back healthy. But I’m still backing OKC as long as they stay on the plus side of the 2026 NBA title odds!
Where to Bet on the 2025-26 NBA Finals?
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