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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.

San Antonio Spurs 23.50%Oklahoma City Thunder 22.50%Philadelphia 76ers 10.50%New York Knicks 8.50%Boston Celtics 4.50%Denver Nuggets 3.50%Miami Heat 3.50%Minnesota Timberwolves 3.50%+18 more

Path to the NBA Championship

Eastern Conference Championship LeaderPhiladelphia 76ers22.50%
Western Conference Championship LeaderSan Antonio Spurs35.00%
Playoff Qualifiers LeaderOklahoma City Thunder98.50%
NBA Championship FavoriteSan 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

PhiladelphiaNew YorkBostonTorontoMiami
23.00%PHILADELPHIA22.00%NEW YORK13.00%BOSTON10.00%TORONTO8.00%MIAMI

Real Western Conference Championship Odds

A separate, real Kalshi market — who wins the Western Conference before advancing to the NBA Championship.

Odds Over Time

San AntonioOklahoma CityMinnesotaLos Angeles LDenver
35.00%SAN ANTONIO34.00%OKLAHOMA CI…8.00%MINNESOTA7.00%LOS ANGELES…6.00%DENVER

Real 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 AntonioOklahoma CityPhiladelphiaNew YorkBoston
Wed 12Thu 13Fri 14Sat 15Aug 16Mon 17Tue 18Wed 19Thu 20Fri 21Sat 22Aug 23Mon 24Tue 25Wed 26510152025%24.00%SAN ANTONIO23.00%OKLAHOMA CI…10.00%PHILADELPHIA9.00%NEW YORK5.00%BOSTON

Longest 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

1Detroit Pistons60-22
2Boston Celtics56-26
3New York Knicks53-29
4Cleveland Cavaliers52-30
6Atlanta Hawks46-36
5Toronto Raptors46-36
7Philadelphia 76ers45-37
8Orlando Magic45-37
9Charlotte Hornets44-38
10Miami Heat43-39
11Milwaukee Bucks32-50
12Chicago Bulls31-51
13Brooklyn Nets20-62
14Indiana Pacers19-63
15Washington Wizards17-65

Western Conference

1Oklahoma City Thunder64-18
2San Antonio Spurs62-20
3Denver Nuggets54-28
4Los Angeles Lakers53-29
5Houston Rockets52-30
6Minnesota Timberwolves49-33
8Phoenix Suns45-37
7Portland Trail Blazers42-40
9LA Clippers42-40
10Golden State Warriors37-45
11New Orleans Pelicans26-56
12Dallas Mavericks26-56
13Memphis Grizzlies25-57
14Sacramento Kings22-60
15Utah Jazz22-60

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