In 2020-21, the Milwaukee Bucks emerged victorious to cash their preseason backers at +600, taking home the Larry O’Brien trophy for the first time in 50 years. With the 2022 season around the corner, the odds on whether the Bucks will repeat or which team will topple them have been released. Let’s take a look at the 2022 NBA Championship Odds, updated weekly, below.

The Brooklyn Nets start the season as favorites over the Los Angeles Lakers to win the title, as the Lakers upped the stakes by acquiring superstar Russell Westbrook in the offseason.

The defending champion Bucks come in third in the preseason rankings, listed at +800. This is slightly below the figure they were listed at last year.

The Golden State Warriors (+1,200) and the Phoenix Suns (+1,500) round out the bookmakers top five contenders in 2022 to start the season.

Notably absent from the upper echelon are the Los Angeles Clippers (+1,600) and the Philadelphia 76ers (+2,000) who are dealing with injured stars (Kawhi Leonard) and disgruntled personnel (Ben Simmons).

At the bottom of the list, we see extreme long shots in the Detroit Pistons, Houston Rockets, and Oklahoma City Thunder (+25,000).

Below are the current 2022 NBA Championship odds for every team, updated weekly.

2022 NBA Championship Odds

Brooklyn Nets +210

Los Angeles Lakers +450

Milwaukee Bucks +800

Golden State Warriors +1,200

Phoenix Suns +1,500

Utah Jazz +1,500

Los Angeles Clippers +1,600

Philadelphia 76ers +2,000

Denver Nuggets +2,500

Miami Heat +2,500

Dallas Mavericks +3,000

Atlanta Hawks +4,000

Boston Celtics +5,000

Chicago Bulls +6,000

Portland Trail Blazers +8,000

Memphis Grizzlies +8,500

New York Knicks +10,000

New Orleans Pelicans +10,000

Toronto Raptors +10,000

Washington Wizards +10,000

Indiana Pacers +11,000

Charlotte Hornets +12,000

San Antonio Spurs +16,000

Minnesota Timberwolves +20,000

Sacramento Kings +24,000

Cleveland Cavaliers +25,000

Orlando Magic +25,000

Detroit Pistons +25,000

Houston Rockets +25,000

Oklahoma City Thunder +25,000

Analyzing 2022 NBA Championship Odds

The first step in selecting which team to bet on is to analyze if the payoff is worth the risk.

If you decide that the Nets (+300) have the best chance to win the championship, then you can bet $100 on them to win $300.

Even if you think the Nets have a better chance to win the championship then any other team, it could still be worth it to bet on a different team for the high payout.

Even if you predict it is more likely for the Nets to win than the Suns, the Suns payout is significantly higher than the Lakers.

While $100 pays off $300 for a Lakers victory, $100 would pay off $1,400 if the Suns (+1,400) triumph.

Weigh your odds, and select which team gives you most bang for your buck.

Nonetheless, we’ll keep you updated on 2022 NBA Championship Odds as information happens and lines change.