The New York Knicks have won nine of their last 10 games, taking down contenders such as the Philadelphia 76ers, Toronto Raptors, Los Angeles Lakers, Denver Nuggets, and Boston Celtics.
The Cleveland Cavaliers have also been finding their groove, winning eight of their last 10 games.
With that said, let’s take a look at the NBA championship odds at the BetMGM online sportsbook.
Odds to Win the 2026 NBA Championship
| Team | Current Odds | Opening |
|---|---|---|
| Oklahoma City Thunder | +125 | +240 |
| Denver Nuggets | +550 | +1600 |
| Houston Rockets | +1800 | +800 |
| Cleveland Cavaliers | +1400 | +850 |
| Los Angeles Lakers | +4000 | +1500 |
| New York Knicks | +1600 | +900 |
| Golden State Warriors | +15000 | +2500 |
| Detroit Pistons | +1300 | +5000 |
| Orlando Magic | +6600 | +1400 |
| Philadelphia 76ers | +5000 | +3500 |
| Minnesota Timberwolves | +2500 | +1400 |
| San Antonio Spurs | +1400 | +2200 |
| Atlanta Hawks | +40000 | +25000 |
| Boston Celtics | +1500 | +1800 |
| Milwaukee Bucks | +100000 | +8000 |
| Los Angeles Clippers | +50000 | +3500 |
| Miami Heat | +15000 | +25000 |
| Toronto Raptors | +20000 | +20000 |
| Chicago Bulls | +100000 | +50000 |
| Dallas Mavericks | +100000 | +3500 |
| Phoenix Suns | +15000 | +50000 |
| Brooklyn Nets | +100000 | +50000 |
| Charlotte Hornets | +15000 | +100000 |
| Indiana Pacers | +100000 | +4000 |
| Washington Wizards | +100000 | +1000000 |
| Memphis Grizzlies | +100000 | +15000 |
| New Orleans Pelicans | +100000 | +25000 |
| Portland Trail Blazers | +100000 | +50000 |
| Sacramento Kings | +100000 | +30000 |
| Utah Jazz | +100000 | +100000 |
Prediction: Who Will Win the NBA Championship in 2026?
The Oklahoma City Thunder are the current favourite to win the NBA championship in 2026 with basketball odds of +125.
I predict the Knicks will win the 2026 NBA championship because they’ve responded incredibly well to all the losing and trade rumours the team has dealt with over the past month.
New York has had the best net rating (16.6) since Jan. 21.
NBA Championship Favourites
The Thunder may be the favourites, but given their injuries and recent struggles, the NBA playoff picture is as wide open as it’s been in quite a while.
Shai Gilgeous-Alexander (abdominal strain) will be reevaluated after the All-Star break. The Thunder will need to get Jalen Williams up to speed quickly after dealing with a hamstring strain.
New York’s lone loss during its last 10 games came to the Detroit Pistons on Friday, though the Knicks were without Karl-Anthony Towns, who is dealing with a right-eye laceration.
However, the Knicks responded with a 111-89 victory over the Celtics on Sunday with Towns back in the lineup, as Jalen Brunson led the way with 31 points on 12-of-21 shooting.
The San Antonio Spurs could make a run for the No. 1 seed in the Western Conference, but that’ll largely depend on how well Victor Wembanyama stays healthy.
With the Cavaliers acquiring James Harden to pair up with Donovan Mitchell, Evan Mobley, and Jarrett Allen, perhaps they could be primed to make a push in the Eastern Conference. That’ll depend on health and how quickly Harden adjusts to his fourth team in five years.
The Houston Rockets and Los Angeles Lakers also can’t be counted out, especially with Kevin Durant and LeBron James still playing at a high level.
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