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2021 NBA Championship Betting Odds (January)

By Hank Blaine

The 2020 NBA Championship was decided not so long ago. A little bit over a couple of months. The Los Angeles Lakers took the title. And we’re already a couple of weeks in the 2020-21 season, which kicked off on December 22nd, 2020. If you’re looking for a better moment to get all the information you need to place your sports betting picks, now is the time to check out the 2021 NBA Championship odds.

Led by future Hall of Famer LeBron James, the Los Angeles Lakers beat Miami Heat in six games to pick up their 17th NBA Championship. There is no surprise that they are favorites to win the Finals again with odds of +230 (23/10).

Oddly enough, the Brooklyn Nets have gone up in the odds to win the 2021 NBA Championship. They currently stand at +500 (5/1). They now have Kevin Durant within their ranks, after he couldn’t start last season due to an Achilles tendon injury. They also have Kyrie Irving in the team as well, but they still have a long way to go to become the favorites. Keep an eye out for these guys.

According to the bookmakers, LA rivals the Clippers should be there closest challengers with odds of +400 (4/1). The Clippers are the oldest Franchise in the NBA never to make the Finals, but their recent upward trajectory has been enough to convince a lot of people that they are finally going to be contenders.

Rounding out the top 3 cluster that have very tight odds are the Milwaukee Bucks with +550 (11/2). The Bucks had the best record in the league last year but disappointed when it came to the post season, so they undoubtedly had to be motivated to go a step further this season. So far, it hasn’t been that bad but good neither. Their chemistry from last season is slowly, but surely picking up its pace.

The Los Angeles Clippers started off strong this season, and is currently on top in the standings. Although, they did go down a couple of spots within the 2021 NBA Championship odds. They stand at +550 (11/2), same as the Bucks.

Beyond the top 3, the Boston Celtics and Miami Heat look to be the closest challengers, both with slightly outside odds of +1500 (15/1).

Odds to Win the 2021 NBA Championship

Team American Fractional
Los Angeles Lakers +230 23/10
Brooklyn Nets +500 5/1
Milwaukee Bucks +550 11/2
Los Angeles Clippers +550 11/2
Boston Celtics +1500 15/1
Miami Heat +1500 15/1
Denver Nuggets +2000 20/1
Philadelphia 76ers +2000 20/1
Dallas Mavericks +2200 22/1
Toronto Raptors +2500 25/1
Golden State Warriors +3000 30/1
Portland Trail Blazers +3000 30/1
Utah Jazz +3500 35/1
Houston Rockets +5000 50/1
Phoenix Suns +5000 50/1
New Orleans Pelicans +7000 70/1
Atlanta Hawks +10000 100/1
Indiana Pacers +10000 100/1
Washington Wizards +12000 120/1
Memphis Grizzlies +15000 150/1
Orlando Magic +20000 200/1
San Antonio Spurs +15000 150/1
Charlotte Hornets +500000 500/1
Chicago Bulls +20000 200/1
Minnesota Timberwolves +20000 200/1
Sacramento Kings +20000 200/1
Cleveland Cavaliers +50000 500/1
Detroit Pistons +50000 500/1
New York Knicks +50000 500/1
Oklahoma City Thunder +50000 500/1


2021 NBA Conference Championships Odds

Conference Odds are always lower than the odds on the same team to win the NBA Championship. This makes sense because there are less teams to overcome in the conference and the likelihood of them winning it is much higher.

The odds are different, but the favorites will almost always be the same, for example the Lakers are favorite to win their conference but with lower odds of +200 (2/1). If you are confident that a team will do well next season but are unsure whether they have what it takes to go all the way. Conference betting could be a great option.

Odds to Win 2021 NBA Eastern Conference Championship

Team American Fractional
Milwaukee Bucks +230 23/10
Brooklyn Nets +250 5/2
Boston Celtics +650 13/2
Miami Heat +650 13/2
Philadelphia 76ers +800 8/1
Toronto Raptors +1200 12/1
Indiana Pacers +4000 40/1
Atlanta Hawks +4000 40/1
Washington Wizards +5000 50/1
Orlando Magic +6000 60/1
Charlotte Hornets +10000 100/1
Chicago Bulls +10000 100/1
Cleveland Cavaliers +15000 150/1
Detroit Pistons +25000 250/1
New York Knicks +25000 250/1


Odds to Win 2021 NBA Western Conference Championship

Team American Fractional
Los Angeles Lakers +140 7/5
Los Angeles Clippers +275 11/4
Denver Nuggets +1000 10/1
Dallas Mavericks +1100 11/1
Golden State Warriors +1400 14/1
Portland Trail Blazers +1600 16/1
Utah Jazz +1600 16/1
Phoenix Suns +2500 25/1
Houston Rockets +3000 30/1
New Orleans Pelicans +2500 25/1
Memphis Grizzlies +8000 80/1
San Antonio Spurs +8000 80/1
Minnesota Timberwolves +10000 100/1
Sacramento Kings +10000 100/1
Oklahoma City Thunder +20000 200/1