2024 WNBA Championship Odds: Aces Remain Favorites for 3-Peat Following Draft

Our best sports betting sites are all putting the Las Vegas Aces atop the 2024 WNBA Championship odds following the WNBA draft with the season starting on May 14.

The Las Vegas Aces are the favorites to win it all again in 2024 after taking two straight WNBA championships. With star A'ja Wilson leading the way, the Aces will attempt a three-peat this season as the favorite by the WNBA MVP odds.

The most significant challenger to the Aces will be the New York Liberty, whom Las Vegas defeated in the 2023 WNBA Championship. While those two teams are getting the shortest odds by a significant margin, the Indiana Fever are intriguing with Iowa star Caitlin Clark joining Christie Sides' squad as the No. 1 pick of the 2024 draft.

Here's a look at the betting odds for 2024 WNBA Championship, as well as our picks among the favorites, contenders, and long shots via our best sports betting apps.

2024 WNBA Championship odds

(Odds updated April 16)

Favorites to win 2024 WNBA Championship

Las Vegas Aces (+110 via bet365)

Since opening as a +120 favorite to win the WNBA Championship for the third straight season, the Aces' odds have shortened further. With Wilson leading the team as a two-time MVP, Las Vegas' best odds are now even money. The near-consensus +100 odds the Aces bring home a third straight championship represent a 50% implied probability, according to our odds calculator.

The Aces led the league in both offensive and defensive rating during 2023 and lost just one game in the playoffs. Head coach Becky Hammon returns every starter and the vast majority of her bench from a team that went 34-6 in 2023. Las Vegas also bolstered its lineup by drafting Syracuse's Dyaisha Fair, the third all-time scorer in D-I women's college basketball, and Kate Martin, Clark's teammate at Iowa. This is the team to beat in the WNBA.

New York Liberty (+250 via DraftKings)

New York put together a superteam last offseason in hopes of claiming the first championship in franchise history. The Liberty proceeded to lose Game 4 of the WNBA Finals at home against a depleted Aces squad instead.

However, the Liberty were clearly the second-best WNBA team with a 32-8 record on their way to ranking No. 2 in offensive rating and No. 3 in defensive rating. With reigning MVP Breanna Stewart and All-Star Sabrina Ionescu, New York remains the best team in the Eastern Conference. 

Indiana Fever (+2000 via DraftKings)

This is a calculated swing for the fences and a true long-shot bet in a WNBA that superstar-led teams dominate. Yet the Fever are an enticing club after they officially landed Caitlin Clark via the 2024 WNBA Draft. 

That's now back-to-back years the Fever have had the No. 1 pick in the draft, and the rebuild should took a giant leap forward this season, as Clark begins her trek to becoming the greatest WNBA player of all time.

Landing the most decorated player in women's basketball history is one thing, but there are also multiple cornerstone pieces in place already for Indiana. Plugging Clark into a lineup with former No. 1 pick Aliyah Boston and All-Star Kelsey Mitchell is mighty interesting.  

2024 WNBA Championship odds over time

Previous WNBA Championship winners

WNBA Championships by team

Understanding WNBA Championship odds

As sportsbooks post WNBA Championship odds ahead of the season starting on May 14, the books will list the team most likely to win the title with the lowest number. For example, the Aces are an overwhelming favorite with odds between +110 and -105. The -105 odds imply a  51.22% probability Las Vegas wins it all, but the +110 odds are a better value with a $10 bet leading to a $9.09 profit.

The longer the odds are, the bigger the profit they'll return if the bet hits. With the Fever's +2000 odds for example, a $10 bet on Indiana to win the championship would result in a $200 profit if Clark led them to the title. While most books use American odds (like we have), some prefer decimal odds. In that case, you can use our odds converter to see them in the American style.

WNBA Championship FAQs

Who is the WNBA Championship favorite?

The Las Vegas Aces are the 2024 WNBA Championship favorites with odds as short as +100. Those odds suggest a 50% chance for the Aces to win it all.

Who won the WNBA Championship last year?

The Las Vegas Aces won the WNBA Championship last year. The Aces defeated the New York Liberty, 3-1, in their best-of-five series to win their first title in franchise history.

When will the WNBA Championship be decided?

The 2024 WNBA Playoffs will take place next fall.

Where will the WNBA Championship take place?

The WNBA Finals will take place at the home arenas of the two participating teams. The higher seed will host Games 1 and 2, while the lower-seeded teams will host Games 3 and 4. If a decisive fifth game is necessary, the higher-seeded team would host.

WNBA betting odds pages

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• DraftKings Promo Code | Read our DraftKings Review

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Related pages

• Best Sports Betting Sites | Best Sportsbook Promos (U.S. only)