The NBA playoffs are into the second round and the landscape is becoming clearer by the day for the Brooklyn Nets, who remain the favorites in 2021 NBA championship odds to win it all and take home the Larry O’Brien Trophy.
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According to the best basketball betting sites, the Nets sit at +180 odds to win the NBA championship, with the Utah Jazz second on the board at +275 after winning their first-round series to match up against the Los Angeles Clippers (+900) in the second round.
The Jazz trailed the Los Angeles Lakers in NBA championship odds for the majority of the season but with the Lakers eliminated by the Suns and out of the NBA title odds picture, oddsmakers had no choice but to bump up the Jazz.
The Suns have continued their excellent run that began last year in the NBA bubble and now sit at +450 to win it all after sweeping the Denver Nuggets in the second round.
In the East, the Nets have a 3-2 series lead over the Milwaukee Bucks in the second round after a massive Game 5 win. The Bucks swept the Heat in the first round but dropped to +800 in NBA championship odds after falling a game down to Brooklyn.
The Sixers, meanwhile, are +750 and are tied at 2-2 in their series with the Atlanta Hawks. The Hawks are +5000 in odds to win the NBA championship despite sitting even with the 76ers.
A lot can change overnight in the NBA so stay up to date with the latest NBA futures and make sure to check out NBA Series Prices odds to wager on which team will advance in each playoff matchup.
For now, here are the full 2021 NBA championship odds for the seven teams remaining in contention:
Who is Favored to Win the 2021 NBA Championship?
| Team | Odds |
|---|---|
| Brooklyn Nets | +180 |
| Utah Jazz | +275 |
| Phoenix Suns | +450 |
| Philadelphia 76ers | +750 |
| Los Angeles Clippers | +900 |
| Milwaukee Bucks | +800 |
| Atlanta Hawks | +5000 |
Odds as of June 16 at Bovada
Why are the Nets Favored to Win the 2021 NBA Championship?
At +450 in mid-January and now at +180 following a Game 5 comeback win over the Milwaukee Bucks, the Brooklyn Nets remain at the top of the 2021 NBA championship odds. The Nets are dealing with injuries to Kyrie Irving and James Harden, but Kevin Durant took over Game 5 to stake Brooklyn to the 3-2 series lead.
When Brooklyn is getting impact minutes from guys like Blake Griffin and Nic Claxton, it’s hard to envision what NBA team can beat them in a seven-game series. The Nets can take your best shot but as soon as they decide to impose their will, a game can get out of hand quickly.
If you had a Nets futures ticket before the Harden trade early in the season, you’re sitting pretty. However, time might be slipping away to get true value on them as Brooklyn remains the favorite to come out of the Eastern Conference. If you plan to grab the Nets in NBA championship odds, you may not get a better number than +180.
How About the Utah Jazz in NBA Championship Odds?
Most NBA talking heads and analysts were reluctant to give the Utah Jazz credit for their early success but now it’s time to give credit where credit is due. The Jazz are for real when it comes to 2021 NBA championship odds. They look to take down the Clippers in Round 2 after handling the Memphis Grizzlies in the opening round, winning four straight games by an average of 11.1 points after dropping Game 1.
The Jazz finished fourth this season in points allowed per game and head coach Quin Snyder’s system is predicated on forcing dribbles into the paint where Rudy Gobert, the yearly favorite in NBA Defensive Player of the Year odds and winner of the 2021 award, is waiting.
The Jazz also ranked third in points scored per game while taking the most three-point attempts. The Jazz opened at +4500 in NBA championship odds and have now dropped all the way to +325. Anyone who has a Jazz futures ticket should be feeling vindicated for getting such early value on a team that should at least advance to the Western Conference final.
How to Read 2021 NBA Championship Odds
At the sportsbook – a fancy way to say NBA betting site – you’ll notice that the odds are listed like this:
- LA Lakers +210
- LA Clippers +600
Milwaukee Bucks +600
Let’s pretend you believe that the Lakers are the team to beat based on the odds listed above. If you were to lay down $100, you’d see a payout of $310 – you get your $100 back, plus your earnings of $210. At +210, the Lakers implied probability to win with these odds is 32.26%. Or maybe you’re set on the Milwaukee Bucks. If you were to bet $100 on the Bucks to win the 2021 NBA championship and it hits, you’d get $700 – your $100 is returned and you’d get $600 in profit.
Check out our Odds Calculator to see how much you’d win based on the odds and amount wagered, as well as the implied probability of all odds.
What are NBA Futures?
Futures bets made on events that have yet to take place. You make a bet like this far off in advance of the event, in this case the team to win the championship. To make a bet like this, you would first use the info contained in this article to handicap your wager. Once you’ve made your decision on which team you think has the chops to win the 2021 NBA championship, you’re ready to go. For further information on how to bet on NBA games, be sure to check out Odds Shark’s guide to basketball betting.
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