2020-21 NBA Championship Futures: Latest Odds, Trends, Notable Bets

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As we near the halfway point of this NBA regular season, the 2020-21 NBA championship futures look quite different from the opening night of the season on Dec. 22.

While the Lakers have remained the favorite (+180) and the Nets (+275) still have the second-lowest odds, a team has surged from seemingly out of nowhere and is now lurking nearby those two teams’ title odds.

The Jazz were listed at 40/1 to win it all back on Dec. 22 and remained that price until New Year’s Day. Utah slightly shifted to 35/1 then, and two weeks later, it was down to 30/1. On Jan. 26, the Jazz made a sizable jump to 20/1 and they dropped to 15/1 four days later. Utah next resided at 12/1 on Feb. 6, and reached +800 on Feb. 15. A couple days after, Utah was on the move again to +600 before settling at its current +550 price on Feb. 23.

“Money is pouring in on the Jazz game after game,” said Nick Bogdanovich, Director of Trading for William Hill US. “We were probably were slow to move them down. We’re a small loser with them and we’re a big loser with the Lakers. Utah has impressed so far, but the playoffs are a different animal. I think +550 is fair, they still have to win four playoff series and they have to go through a lot of good teams in the West.”

The Lakers, Nets and Jazz have separated themselves from the pack in terms of the most popular in-season NBA title futures wagers at William Hill. For total number of tickets since Dec. 22, the Lakers (17%) are slightly edging out the Nets (16%) while the Jazz are third at 10%. It’s much more lopsided for total dollars wagered since Dec. 22, with the Lakers (42%) comfortably leading the Nets (18%) and Jazz (11%).

The Lakers’ lofty total dollars wagered mark is highlighted by one Nevada bettor who placed $30,800 on Lakers +230 for a total potential payout of $101,640, which is the largest 2020-21 NBA championship future placed at William Hill as of now.

The Clippers not only have the fourth-lowest title odds at +600, but they also are fourth in total dollars wagered at 7%. Additionally, the Clippers have racked up 6% of the total number of tickets along with the 76ers (14/1).

While the Lakers, Jazz and Clippers are all generating significant attention from William Hill bettors, there doesn’t seem to be the same level of interest with the other Eastern Conference teams outside of the Nets.

“Just look at the Heat last year, they started playing really well down the stretch and made that playoff run,” Bogdanovich said. “The Celtics and 76ers are both very talented. The Bucks are playing bad right now, but that doesn’t mean they won’t figure it out. Maybe they’ll peak at the right time this year instead of peter out in the playoffs. It’s definitely not a foregone conclusion that the Nets will win the East.”

Two longer shots have been attracting noteworthy action as well. The Mavericks (40/1) rank fifth in total dollars wagered at 4%, including another Nevada bettor who put down $10,000 on Mavericks 28/1 for a total potential payout of $290,000. That is the largest total potential payout for any 2020-21 NBA championship future so far at William Hill.

Meanwhile, the Suns are now down to 30/1 after being listed at 50/1 a few days ago. At 30/1, Phoenix currently has the eighth-lowest title odds, as the Suns are just behind the Celtics at 28/1. The Suns have attracted 5% of the total number of tickets, the same number as the Bucks (13/1) and Warriors (40/1).

Check out William Hill’s latest odds and trends for 2020-21 NBA championship futures below.

TEAM TO WIN 2020-21 NBA CHAMPIONSHIP @WILLIAMHILLUSCURRENT ODDS (2/26/21)
LOS ANGELES LAKERS+180
BROOKLYN NETS+275
UTAH JAZZ +550
LOS ANGELES CLIPPERS +600
MILWAUKEE BUCKS+1300
PHILADELPHIA 76ERS+1400
BOSTON CELTICS +2800
PHOENIX SUNS+3000
DALLAS MAVERICKS +4000
DENVER NUGGETS+4000
GOLDEN STATE WARRIORS+4000
PORTLAND TRAIL BLAZERS +5000
MIAMI HEAT +5000
TORONTO RAPTORS+10000
INDIANA PACERS+25000
CHARLOTTE HORNETS +30000
WASHINGTON WIZARDS +40000
ATLANTA HAWKS+50000
CHICAGO BULLS +50000
MEMPHIS GRIZZLIES+50000
SAN ANTONIO SPURS+50000
NEW ORLEANS PELICANS +50000
SACRAMENTO KINGS +75000
NEW YORK KNICKS +75000
HOUSTON ROCKETS+75000
ORLANDO MAGIC+100000
DETROIT PISTONS +200000
OKLAHOMA CITY THUNDER+250000
CLEVELAND CAVALIERS+250000
MINNESOTA TIMBERWOLVES+500000

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