2025-26 NBA championship odds: Thunder remain big favorites; Nuggets, Rockets, Lakers, Knicks next

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The Oklahoma City Thunder may have suffered their second loss of the season in the NBA Cup semifinals against San Antonio, but at 24-2, their odds of winning the NBA championship continue to dwindle, dropping to +110.

Behind the Thunder are Nikola Jokic’s Denver Nuggets at +650, followed by the Houston Rockets (11-1), Los Angeles Lakers (13-1), New York Knicks (13-1) and Detroit Pistons (20-1). Even after winning the NBA Cup championship on Tuesday night, the Knicks’ chances of winning it all remain unchanged from a week ago.

Shai Gilgeous-Alexander (+125) edged out Nikola Jokic (+170) for MVP, while Luka Doncic (+320) is right behind. The next closest is Cade Cunningham at 55-1.

Odds are provided by DraftKings Sportsbook and are as of time of publication.

2025-26 NBA Championship Odds

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