NBA Championship Odds
Real, live title odds for every NBA team, sourced directly from Kalshi, a CFTC-regulated exchange, — not a sportsbook. Updated continuously as real money trades. Where available, we also show a real Manifold (play-money) comparison alongside it.
$26.2M in real volume traded across 30 live nba championship contractsLive as of 11:22 AM
Market Composition
Market total: 110.0%Each team's real share of the field right now — segment width is that team's probability relative to every other live contract combined, not a raw percentage of the bar. Hover a segment for the exact number.
| # | Team | Live Title Odds |
|---|---|---|
| 1 | San Antonio Spurs | 23.5% +326 |
| 2 | Oklahoma City Thunder | 22.5% +344 |
| 3 | Philadelphia 76ers | 10.5% +852 |
| 4 | New York Knicks | 8.5% +1076 |
| 5 | Boston Celtics | 4.5% +2122 |
| 6 | Denver Nuggets | 3.5% +2757 |
| 7 | Miami Heat | 3.5% +2757 |
| 8 | Minnesota Timberwolves | 3.5% +2757 |
| 9 | Cleveland Cavaliers | 2.5% +3900 |
| 10 | Detroit Pistons | 2.5% +3900 |
| 11 | Los Angeles Lakers | 2.5% +3900 |
| 12 | Toronto Raptors | 2.5% +3900 |
| 13 | Golden State Warriors | 1.5% |
| 14 | Houston Rockets | 1.5% |
| 15 | Indiana Pacers | 1.5% |
| 16 | Orlando Magic | 1.5% |
| 17 | Atlanta Hawks | 1.0% |
| 18 | Brooklyn Nets | 1.0% |
| 19 | Charlotte Hornets | 1.0% |
| 20 | Chicago Bulls | 1.0% |
| 21 | Dallas Mavericks | 1.0% |
| 22 | LA Clippers | 1.0% |
| 23 | Memphis Grizzlies | 1.0% |
| 24 | Milwaukee Bucks | 1.0% |
| 25 | New Orleans Pelicans | 1.0% |
| 26 | Phoenix Suns | 1.0% |
| 27 | Portland Trail Blazers | 1.0% |
| 28 | Sacramento Kings | 1.0% |
| 29 | Utah Jazz | 1.0% |
| 30 | Washington Wizards | 1.0% |
Path to the NBA Championship
Philadelphia 76ers22.50%
San Antonio Spurs35.00%
Oklahoma City Thunder98.50%
San Antonio Spurs23.50%Real Eastern Conference Championship Odds
A separate, real Kalshi market — who wins the Eastern Conference before advancing to the NBA Championship.
Kalshi and Polymarket average 1.1pt apart on the teams both price.
Odds Over Time
Philadelphia
New York
Boston
Toronto
MiamiReal Western Conference Championship Odds
A separate, real Kalshi market — who wins the Western Conference before advancing to the NBA Championship.
Odds Over Time
San Antonio
Oklahoma City
Minnesota
Los Angeles L
DenverReal Playoff Qualifiers Odds
A separate, real Kalshi market — who wins the Playoff Qualifiers before advancing to the NBA Championship.
Odds Over Time
Real daily odds for every team that's cracked the top 5 — one recorded point per real day this page's data has been tracked, no interpolation across gaps.
San Antonio
Oklahoma City
Philadelphia
New York
BostonLongest Shots
The lowest-priced real contracts on the board right now.
Frequently Asked Questions
Who is favored to win the NBA Championship?
As of the latest update, San Antonio Spurs is favored at 23.50%, based on real live trading on Kalshi.
Where do these nba championship odds come from?
Real, live prices from Kalshi, a CFTC-regulated exchange, — not a sportsbook line. Each percentage is the actual price real traders are paying for a "Yes" contract on that team winning, which is why it can be read directly as a probability.
How often are these odds updated?
This page refreshes automatically as new trades happen — there's no fixed publishing schedule the way a sportsbook line update has.
Are the San Antonio Spurs favored to win the NBA Championship?
Yes — the San Antonio Spurs are currently the favorite at 23.50%, the highest live title probability of any team.
Are the Oklahoma City Thunder favored to win the NBA Championship?
The Oklahoma City Thunder are currently priced at 22.50% to win the NBA Championship, behind the current favorite, the San Antonio Spurs, at 23.50%.
Are the Philadelphia 76ers favored to win the NBA Championship?
The Philadelphia 76ers are currently priced at 10.50% to win the NBA Championship, behind the current favorite, the San Antonio Spurs, at 23.50%.
NBA Standings
The real, official current record — distinct from the live market odds above on who's favored to win.
Eastern Conference
Detroit Pistons60-22
Boston Celtics56-26
New York Knicks53-29
Cleveland Cavaliers52-30
Atlanta Hawks46-36
Toronto Raptors46-36
Philadelphia 76ers45-37
Orlando Magic45-37
Charlotte Hornets44-38
Miami Heat43-39
Milwaukee Bucks32-50
Chicago Bulls31-51
Brooklyn Nets20-62
Indiana Pacers19-63
Washington Wizards17-65Western Conference
Oklahoma City Thunder64-18
San Antonio Spurs62-20
Denver Nuggets54-28
Los Angeles Lakers53-29
Houston Rockets52-30
Minnesota Timberwolves49-33
Phoenix Suns45-37
Portland Trail Blazers42-40
LA Clippers42-40
Golden State Warriors37-45
New Orleans Pelicans26-56
Dallas Mavericks26-56
Memphis Grizzlies25-57
Sacramento Kings22-60
Utah Jazz22-60Other Championships
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