NBA Cup Odds & Favorites 2025: Thunder Favored Entering Semifinals
With just four teams remaining, the Oklahoma City Thunder lead the NBA Cup odds at -250 following the quarterfinals.
The Knicks (+380), Magic (+900), and Spurs (+1100) all have longer odds entering the semifinals. The Thunder take on the Spurs, while the Knicks battle the Magic on Saturday, Dec. 13 in Las Vegas. The NBA In-Season Tournament championship game will take place on Dec. 16.
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Odds via FanDuel.
- Thunder: +450
- Knicks: +550
- Cavaliers: +600
- Magic: +1100
- Nuggets: +1200
- Hawks: +1300
- Rockets: +1300
- Timberwolves: +2000
- Lakers: +2100
- Pistons: +2100
- 76ers: +2200
- Warriors: +2300
- Clippers: +2500
- Celtics: +2700
- Bucks: +3100
- Heat: +4500
- Pacers: +4500
- Spurs: +5000
- Raptors: +7500
- Grizzlies: +8000
- Mavericks: +8000
- Bulls: +9000
- Kings: +10000
- Suns: +12000
- Pelicans: +12500
- Hornets: +13000
- Trail Blazers: +25000
- Wizards: +26000
- Nets: +35000
- Jazz: +50000
❓ NBA Cup FAQs
Who is the NBA Cup favorite?
The Oklahoma City Thunder are the favorite to win the 2025 NBA Cup at -250 odds. That implies a 71.43% probability that they will win the NBA In-Season Tournament.
Who won the NBA Cup last season?
The Milwaukee Bucks beat the Oklahoma City Thunder 97-81 to win the 2024 Emirates NBA Cup.
How does the NBA In-Season Tournament work?
All 30 teams have been randomly drawn into groups of five within their conference based on win-loss records from the 2024-25 regular season.
Beginning Oct. 31 and continuing through Nov. 28, each team will play four designated group stage games on “Cup Nights” – one game against each opponent in its group. Two games will be played at home and two on the road.
Eight teams will advance to the knockout rounds: the team with the best standing in group stage games in each of the six groups and two “wild cards."
The knockout rounds will consist of single-elimination games in the quarterfinals (played in NBA team markets on Dec. 9 and Dec. 10). The semifinals and championship will be played in Las Vegas on Dec. 13 and Dec. 16, respectively.
What do you get for winning the NBA In-Season Tournament?
The teams will compete for a prize pool and the NBA Cup championship trophy.
When will the NBA Cup be decided?
The 2025 NBA In-Season Tournament will finish with the championship game on Dec. 16 in Las Vegas.
Do NBA In-Season Tournament games count toward team records?
All 67 games across both stages of the NBA Cup will count toward the regular season standings except the championship.
Each team will continue to play 82 regular-season games in the 2025-26 season, including those games that are part of group play and the knockout rounds.
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