NBA Championship odds 2027: Kalshi and Polymarket vs sportsbooks
Live, as of Oct 31, 12:55 PM ET. Bold marks the best payout for each team; exchange prices are after fees.
San Antonio Spurs are the favorite at +300. Kalshi beats every sportsbook on 9 of 18 teams after its fee, Polymarket on 8 of 17.
| Team | Best sportsbook | Kalshi (after fee) | Polymarket (after fee) |
|---|---|---|---|
| San Antonio Spurs | +300 BetMGM | 22¢ · +331 | 22¢ · +331 |
| Oklahoma City Thunder | +425 BetMGM | 16¢ · +490 | 17¢ · +456 |
| Philadelphia 76ers | +950 FanDuel | 12¢ · +685 | 12¢ · +685 |
| New York Knicks | +1000 BetMGM | 7¢ · +1241 | 7¢ · +1242 |
| Boston Celtics | +1200 BetRivers | 6¢ · +1464 | 6¢ · +1464 |
| Toronto Raptors | +1600 FanDuel | 4¢ · +2243 | 4¢ · +2244 |
| Houston Rockets | +1600 FanDuel | 7¢ · +1241 | 7¢ · +1242 |
| Minnesota Timberwolves | +2000 BetRivers | 6¢ · +1464 | 6¢ · +1464 |
| Detroit Pistons | +2500 BetRivers | 4¢ · +2243 | 4¢ · +2244 |
| Denver Nuggets | +2800 BetMGM | 3¢ · +3021 | 3¢ · +3023 |
| Cleveland Cavaliers | +3000 BetRivers | 3¢ · +3021 | 3¢ · +3023 |
| Los Angeles Lakers | +3000 FanDuel | 3¢ · +3021 | 4¢ · +2244 |
| Portland Trail Blazers | +4000 theScore Bet | 3¢ · +3021 | 3¢ · +3023 |
| Indiana Pacers | +4000 BetRivers | 2¢ · +4579 | 2¢ · +4581 |
| Atlanta Hawks | +5500 BetMGM | 2¢ · +4579 | 2¢ · +4581 |
| Miami Heat | +6000 BetRivers | 2¢ · +4579 | 2¢ · +4581 |
| Orlando Magic | +8000 BetRivers | — | — |
| Golden State Warriors | +10000 BetRivers | 2¢ · +4579 | 2¢ · +4581 |
| Charlotte Hornets | +15000 BetRivers | — | — |
| Memphis Grizzlies | +25000 BetRivers | — | — |
| Phoenix Suns | +25000 BetRivers | — | — |
| Dallas Mavericks | +30000 FanDuel | 2¢ · +4579 | — |
| Utah Jazz | +60000 FanDuel | — | — |
| Washington Wizards | +60000 FanDuel | — | — |
| Brooklyn Nets | +100000 FanDuel | — | — |
| Milwaukee Bucks | +100000 FanDuel | — | — |
| New Orleans Pelicans | +100000 FanDuel | — | — |
| Los Angeles Clippers | +100000 FanDuel | — | — |
| Sacramento Kings | +100000 FanDuel | — | — |
| Chicago Bulls | +100000 FanDuel | — | — |
NBA Championship odds: questions
Who is the favorite to win the NBA championship?
San Antonio Spurs at +300 (best price, at BetMGM). Kalshi has them at 22¢, about a 22% chance, ahead of Oklahoma City Thunder at +425.
Does Kalshi have better NBA championship odds than sportsbooks?
On 9 of the 18 teams Kalshi prices, Kalshi pays more than the best sportsbook after its trading fee. On the rest a sportsbook pays more. Futures are where books carry their biggest margins, so the exchange tends to win on longshots.
Does Polymarket have better NBA championship odds than sportsbooks?
On 8 of the 17 teams Polymarket prices, it pays more than the best sportsbook after its fee.
How do I read Kalshi NBA championship prices?
Each contract pays $1 if the team wins it all. A 12¢ contract is roughly a 12% chance and, before fees, +733 in American odds. The table shows each exchange price in cents and as American odds after the fee, so it compares directly with the sportsbook column.
Related: NBA odds · Super Bowl odds · Stanley Cup odds · World Series odds · College Football Championship odds · Kalshi vs sportsbooks · Kalshi odds converter
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Oddy shows what every regulated sportsbook and prediction market pays for the same bet, ranked, with a link to the best price. Prices refresh about every minute. Free, no account, and we never sell picks.