The Western Conference is serving up plenty of drama this postseason, highlighted by the Timberwolves seizing a commanding 3-1 lead over the defending champs thanks to a scorching 43-point explosion from Ayo Dosunmu. Denver entered the playoffs as a top contender in the West, but Minnesota’s hot streak has shaken up the 2026 NBA Championship odds in a big way. Here’s the latest look at the favorites to hoist the Larry O’Brien Trophy.

OKC Thunder win first NBA Championship: See team celebrate with trophy
🏆 2026 NBA Championship Odds
| Team | R1 Opponent | Odds |
|---|---|---|
| Thunder | Suns (Up 3-0) | -130 |
| Celtics | 76ers (Up 2-1) | +500 |
| Spurs | Trail Blazers (Up 2-1) | +550 |
| Cavaliers | Raptors (Up 2-1) | +1400 |
| Nuggets | Timberwolves (Down 3-1) | +2500 |
| Lakers | Rockets (Up 3-0) | +2500 |
| Knicks | Hawks (Tied 2-2) | +2500 |
| Pistons | Magic (Down 2-1) | +3000 |
| Timberwolves | Nuggets (Up 3-1) | +10000 |
| Hawks | Knicks (Tied 2-2) | +15000 |
| Magic | Pistons (Up 2-1) | +25000 |
| 76ers | Celtics (Down 2-1) | +50000 |
| Raptors | Cavaliers (Down 2-1) | +75000 |
| Rockets | Lakers (Down 3-0) | +75000 |
| Trail Blazers | Spurs (Down 2-1) | +100000 |
| Suns | Thunder (Down 3-0) | +100000 |
Odds updated as of April 25 via bet365.
Oklahoma City has seen its odds tighten dramatically from +230 at the start of the season to -130 now, fueled by a dominant 35-point Game 1 victory. Close behind are the Celtics at +500 and the Spurs at +550, who grabbed Game 3 without Victor Wembanyama due to a concussion.
LeBron James, Lakers showcase their clutch-time prowess vs. Rockets – Los Angeles Times
The Nuggets have slipped from +1800 to +2500 after falling in Game 4 to Minnesota, though oddsmakers still give them a shot if Anthony Edwards misses time. Meanwhile, LeBron James has powered the Lakers to a 3-0 series lead over the Rockets, improving their odds from +3500 to +2500. That kind of lead has never been overcome in NBA history.
📈 How the 2026 NBA Finals Odds Have Shifted
The Thunder remain the clear frontrunners with superstar Shai Gilgeous-Alexander in his prime, supported by Jalen Williams and Chet Holmgren. Their depth, defensive versatility, and organizational stability make them the team to beat.
🔮 NBA Championship Prediction Bets
- Thunder +240 (Oct. 21) – 1.0 units
- Thunder +165 (Dec. 1) – 1.0 units
- Spurs +1000 (Feb. 24) – 0.5 units
- Spurs +550 (Mar. 30) – 0.5 units
- Pistons +2000 (Apr. 18) – 0.5 units
A late sprinkle on the Pistons as the East’s No. 1 seed at +2000 offers solid hedging potential with Cade Cunningham healthy and a favorable path.
💰 Betting Splits and Insights
- Highest Ticket %: Nuggets (8.8%), Thunder (8.7%)
- Highest Handle %: Thunder (17.9%), Lakers (13.3%)
- Biggest Liability: Mavericks, Lakers
Nikola Jokic continues to deliver triple-doubles and keeps the Nuggets dangerous, but the series deficit has tested even his legendary versatility.
No team has exceeded expectations quite like the Pistons, who rocketed out to a 15-2 start and now sit as a dark horse at +3000.
Key NBA Championship Trends
- Seven different champions in the last seven years – the longest streak since the 1970s.
- Most recent winners ranked top-10 in defensive rating and top-5 in efficiency.
- International talent has dominated title runs since 2019.
The Lakers are eyeing a quick closeout and a spot in Round 2, while the Nuggets fight for survival. With the playoffs heating up, the path to the 2026 title remains full of twists.