2025 NBA title odds: Celtics open as favorites to repeat, followed by Nuggets, Mavericks

DALLAS, TX - JUNE 12: The Boston Celtics look on during the game against the Dallas Mavericks during Game 3 of the 2024 NBA Finals on June 12, 2024 at the American Airlines Center in Dallas, Texas. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2024 NBAE (Photo by Nathaniel S. Butler/NBAE via Getty Images)
By Hannah Vanbiber
Jun 18, 2024

The Boston Celtics won the 2024 NBA title and are early favorites to repeat next year. They have +310 odds to win the 2025 championship, per BetMGM.

The odds went up Monday night after the Celtics beat the Dallas Mavericks 106-88 at TD Garden. The Mavericks opened third in the 2025 title odds at +950 to win next year’s title.

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Wedged between this year’s NBA Finals teams in the opening title odds are the Denver Nuggets, with +750 odds to repeat their 2023 win in 2025. Last year, the Nuggets opened as favorites to repeat at +500 odds. Their downfall in the conference semifinals at the hands of the Minnesota Timberwolves was one of the major storylines of this year’s postseason.

Last year, in the opening odds for this finals, the Celtics opened at +550, followed by the Milwaukee Bucks (+600), who went out in the first round of the playoffs against the Indiana Pacers.

This year, the Celtics are followed by the Nuggets (+750), Mavericks (+950), Oklahoma City Thunder (+950), Bucks (+1000) and Timberwolves (+1000) in the odds.

What about the long shots? The longest odds go to the Portland Trail Blazers, Washington Wizards, Detroit Pistons, Charlotte Hornets and Brooklyn Nets, all at +50000 odds. Our hearts go out to you.

You can bet on the state of the winning team (top choices are “any other state” at -300, California at +575, Texas at +750), division of the winning team (the Celtics’ — Atlantic — is the favorite at +200), and conference of the winning team (+105 East, -125 West).

NBA Finals Game 5 live blog: How the Celtics made history

2025 NBA Title odds

Team
  
Odds
  
+310
+750
+950
+950
+1000
+1000
+1600
+1600
+1600
+2500
+2500
+2500
+3500
+4000
+5000
+5000
+5000
+5000
+5000
+10000
+10000
+10000
+15000
+25000
+25000
+50000
+50000
+50000
+50000
+50000

All odds from BetMGM. 

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(Photo: Nathaniel S. Butler / Getty Images)

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Hannah Vanbiber

Hannah Vanbiber is a staff editor for sports betting at The Athletic. Hannah previously wrote for Gaming Today, New York Sports Day, Rocky Top Insider, MLIVE, and other sports betting outlets as a freelance writer. She started her journalism career in Chattanooga, Tennessee, as a reporter and editor covering local sports. Follow Hannah on Twitter @HannahVanbiber