2026-27 NBA Finals Futures Odds: Big Trades Bolster 76ers, Heat, Raptors
NBA futures odds for 2026-27 are now on the board, now that the 2025-26 has come to a climactic end. The New York Knicks just ended a 53-year title drought in stunning fashion vs. the San Antonio Spurs.
And multiple big summer trades – including Giannis Antetokounmpo to the Miami Heat – have led to multiple big odds moves. But the San Antonio Spurs and Oklahoma City Thunder remain co-favorites.
Here's everything you need to know about NBA odds for 2027 futures: action, line movement and betting trends.
Also, be sure to utilize our prediction market apps and Polymarket promo code by clicking on the module below, or our BetMGM bonus code to get the most out of your action on 2027 NBA futures odds.
(Feature image: Bill Streicher/Imagn Images)
Below are current 2026-27 NBA Finals odds from an array of sportsbooks, including bet365, followed by oddsmaker insights. Check back for updates.
Nba Champion Odds
| Time | BetMGM | DraftKings | Caesars | FanDuel | HardRock | RiversCasino | |
|---|---|---|---|---|---|---|---|
| |  › |  › |  › |  › |  › |  › | |
| +260 | +270 | +270 | +260 | +260 | +260 | ||
| +260 | +270 | +240 | +250 | +250 | +260 | ||
| +900 | +850 | +800 | +850 | +850 | +800 | ||
| +1400 | +1300 | +1400 | +1200 | +1300 | +1000 | ||
| +2000 | +2000 | +2000 | +2200 | +2000 | +2000 | ||
| +2500 | +2500 | +2000 | +2700 | +2500 | +2500 | ||
| +2500 | +2500 | +2200 | +2200 | +2250 | +2500 | ||
| +2500 | +2500 | +2800 | +2200 | +2250 | +2500 | ||
| +2200 | +2500 | +2500 | +2000 | +2250 | +2200 | ||
| +2500 | +2500 | +2500 | +3000 | +2500 | +2200 | ||
|
| |||||||
2027 NBA Finals Odds
Trading Places
LATEST UPDATE: On July 1, the Boston Celtics found a taker for Jaylen Brown. Interestingly, right within their own division.
Boston sent Brown to the Philadelphia 76ers, in exchange for Paul George and a few first- and second-round draft picks over the next few years.
BetMGM responded with a hefty move on the Sixers' NBA Finals futures odds. Philly jumped from +6600 all the way to the +2000 fifth choice.
Response from bettors was equally noteworthy. Prior to acquiring Brown, the 76ers were 20th in ticket count and money in BetMGM's 2026-27 NBA futures odds. By the morning of July 2, less than 24 hours after the deal, Philadelphia was No. 2 in tickets and No. 3 in money.
On the flip side, the Celtics' NBA championship odds slipped from the +700 third choice to the +1400 fourth choice.
On June 30, the Los Angeles Clippers and Toronto Raptors completed a deal that returned Kawhi Leonard to Canada. Leonard led the Raptors to the NBA championship in 2019, and afterward, the free agent left for the Clippers.
In exchange for Leonard, L.A. gets Brandon Ingram and Gradey Dick, along with draft picks down the road.
Oddsmakers reacted swiftly and strongly. Prior to the deal, the Raptors were a distant +12500 (125/1) in BetMGM's NBA futures odds. Now, Toronto is the +2200 fifth choice
On the evening of June 22, news broke that the Miami Heat reached a deal to acquire superstar Giannis Antetokounmpo from the Milwaukee Bucks. Bobby Portis is also going to Miami as part of the deal.
In exchange, Tyler Herro, Kel'el Ware, Jaime Jaquez Jr. and Kasparas Jakucionis are headed to Milwaukee. Additionally, the Heat are sending three first-round picks to the Bucks – including in the June 23, 2027, draft – along with other considerations.
Obviously, the deal significantly impacted NBA Finals odds. BetMGM moved the Heat from +3000 into the +1800 fifth choice. However, with the 76ers nabbing Brown, Miami has now slid out to +2500, thge co-eighth choice along with the Denver Nuggets and Minnesota Timberwolves.
"The Heat are still a positive result for us. But to no surprise, since the trade was confirmed, we've taken the most bets on the Heat," BetMGM trading manager Hal Egeland said. "I personally don't think they're the eighth-best team in the league.
"But that's more of a statement on the East vs. West."
Egeland also noted Miami's offensively strategy – particularly with Bam Adebayo – will have to significantly change.
"Having said that, Giannis and Bam is a tough matchup on the other side of the ball, for just about any team," Egeland said.
In another other big-news deal: The Charlotte Hornets sent guard LaMelo Ball to the Minnesota Timberwolves. Also going to Minnesota is Josh Green, with Charlotte getting Naz Reid and draft picks.
The T-Wolves initially moved from +3000 to the +2200 sixth choice in 2027 NBA Finals futures odds. But as noted above, Minnesota is now +2500.
Spurs, Thunder 2026-27 Favorites
Despite the New York Knicks' comeback heroics in all four of their NBA Finals wins over the San Antonio Spurs, it's San Antonio that's atop 2026-27 NBA championship odds. At BetMGM, the Spurs are +260 co-favorites, joined by the Western Conference rival Oklahoma City Thunder.
In this just-completed season, the Spurs beat the Thunder in seven games in the Western Conference finals. After the NBA Finals, BetMGM opened the Thunder at +260 and the Spurs at +270.
Sitting third in 2027 NBA Finals futures odds are the Knicks at +900, afer opening +700.
The top five in tickets in BetMGM's 2027 NBA futures odds:
- Golden State Warriors
- 76ers
- Cleveland Cavaliers
- Celtics
- Knicks
And the top five in money in BetMGM's 2026-27 NBA championship odds:
- Thunder
- Warriors
- 76ers
- Cavaliers
- Celtics
The Thunder are absolutely lapping the field in money, taking 32% of cash on just 3.1% of bets (14th).
As for Golden State's huge surge, that's a product of speculation that LeBron James will end up with the Warriors via free agency. Golden State opened +6600 in 2027 NBA futures odds and is +3000 as of July 2.
The Warriors now No. 1 in tickets at BetMGM, taking twice as many bets as any other team, and they're No. 2 in money.
Opening Odds to win 2026-27 NBA Finals
The San Antonio Spurs just finished as runner-up in the NBA Finals, then opened as the +250 co-favorite in 2026-27 NBA Finals odds. The Oklahoma City Thunder are also at +250.
Below are DraftKings' opening odds to win the 2027 NBA Finals.
- San Antonio Spurs +250
- Oklahoma City Thunder +250
- Boston Celtics +550
- New York Knicks +700
- Indiana Pacers +2800
- Denver Nuggets +2800
- Minnesota Timberwolves +3000
- Los Angeles Lakers +3000
- Detroit Pistons +3000
- Cleveland Cavaliers +3000
- Miami Heat +4000
- Golden State Warriors +4500
- Philadelphia 76ers +5500
- Houston Rockets +6000
- Los Angeles Clippers +7500
- Orlando Magic +8000
- Portland Trail Blazers +9000
- Charlotte Hornets +9000
- Toronto Raptors +10000
- Atlanta Hawks +10000
- Washington Wizards +12000
- Phoenix Suns +12000
- Dallas Mavericks +12000
- Utah Jazz +20000
- New Orleans Pelicans +25000
- Milwaukee Bucks +25000
- Brooklyn Nets +25000
- Memphis Grizzlies +50000
- Chicago Bulls +70000
- Sacramento Kings +100000
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Best Bets
How To Bet On NBA Futures
Betting on the NBA is widely popular in the United States and the NBA Futures Odds market continues to cater to both novice and professional bettors. The NBA championship is decided very June with a best-of-seven matchup known as the NBA Finals.
This Future Odds market is open year-round and the oddsmakers will adjust their numbers when trades, injuries, free agent signings, or other changes affect the NBA championship odds. The opening odds come out at the end of the current season or just after it ends, with NBA Future Odds posted on all 30 teams in the league.
For extra value betting on NBA games, use our BetMGM bonus code and get bonus bets as a new user welcome.
Betting on NBA Futures may not always provide big payouts due to the nature of the league, where dynasties are often created by player movement in free agency. However, betting on the right team early can provide better results, as seen in 2019 when the Toronto Raptors won with +1850 odds to win the NBA championship in August 2018. Compare that to the +750 odds the Raptors had in December 2018 and you can see how the NBA Futures odds could offer less value as the season progresses and the player talent is on display.
The NBA championship futures betting market takes in the most volume of wagers and money at sportsbooks. But there are other wagering opportunities in the NBA Futures market, including conference and division winners.
Sportsbooks also offer up NBA futures odds on specific player awards, usually just for Most Valuable Player and Rookie of the Year. These wagers are a little tricky since those bets and their results are based off subjectivity. Both awards are determined by votes from sports writers and we all know that everybody has an opinion.
Where Can I Bet On The 2025 NBA Championship?
There are several legal sportsbook options in the United States. One sportsbook that we are particularly excited about is Fanatics Sportsbook. Be sure to check out our review and take a look at their NBA betting options!
What Types Of Bets Can I Make ON The NBA?
In addition to betting on how teams will finish in the NBA playoffs, there are multiple angles you can bet on individual games. Check out our NBA Las Vegas odds page for the standard betting odds on each game.
Where Can I Learn How To Bet On Basketball?
To learn more about betting on basketball, check out our basketball betting tutorial.
Remember, you can also bet the NBA finals with the bet365 bonus code!
