🏀 NBA Championship Odds & Favorites 2026: Thunder Remain Favored Over Spurs, Knicks

The Oklahoma City Thunder are a -160 betting favorite in the NBA championship odds, ahead of the San Antonio Spurs (+320) and New York Knicks (+550).
Oklahoma City Thunder guard Luguentz Dort (5) is congratulated by the bench as we break down the 2026 NBA championship odds.
Pictured: Oklahoma City Thunder guard Luguentz Dort (5) is congratulated by the bench as we break down the 2026 NBA championship odds. Photo by Jayne Kamin-Oncea / Imagn Images.
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The Oklahoma City Thunder are a -160 betting favorite in the NBA championship odds, followed by the San Antonio Spurs (+320) and the New York Knicks (+550). The Cleveland Cavaliers have the longest odds at +2400.


📊 NBA championship odds 2026

Our NBA championship odds update in real time based on the latest NBA odds.


📈 NBA championship betting insights

NBA championship betting insights via BetMGM, current as of May 18:

Team 🏀 Current odds 📊 Bet % 🎟️ Handle % 💰
Spurs +300 11% 15.8%
Thunder -160 10.8% 24.2%
Pistons Off the board (OTB) 10.8% 8.3%
Nuggets OTB 10.5% 8.9%
Knicks +550 9% 8.8%
Lakers OTB 8.3% 6.2%
Celtics OTB 8.2% 7.7%
Timberwolves OTB 6% 5.5%
Cavaliers +2500 5.4% 3.2%

The Thunder winning the NBA Finals this season would be the worst-case scenario (handle-wise) for BetMGM. Oklahoma City opened at +240 odds and is now listed at -160.

- Corey Scott


🔢 NBA championship 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

❓ NBA Championship FAQs

Who is favored to win the 2026 NBA championship?

The Oklahoma City Thunder are the favorite to win the 2026 NBA championship at -160 odds.

Who won the NBA Finals last season?

The Oklahoma City Thunder won the NBA Finals last season by eliminating the Indiana Pacers in seven games.

When will the 2026 NBA Finals be decided?

The 2026 NBA Finals will be decided by June 19 at the latest.

When's the last time an NBA team won back-to-back titles?

The last time an NBA team went back-to-back was when the Golden State Warriors won in 2017 and 2018.

Who won NBA Finals MVP last season?

Oklahoma City Thunder guard Shai Gilgeous-Alexander won NBA Finals MVP last season.

See our breakdown of the 2025-26 NBA schedule and key dates.


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