NBA Championship Odds 2026-27
Kalshi's market-implied chance of each NBA team winning the 2026-27 championship. The Oklahoma City Thunder and the San Antonio Spurs are level at the top of the board on 22%, ahead of all 30 teams priced on the same question.
2026-27 NBA title odds, best price first
| Team | Title odds | 7d | Conference | Trade |
|---|---|---|---|---|
| OKC Thunder | 22% | +1pp | 36% | Yes 22¢ |
| SA Spurs | 22% | −1pp | 34% | Yes 22¢ |
| PHI 76ers | 11% | +2pp | 24% | Yes 11¢ |
| NY Knicks | 9% | +1pp | 21% | Yes 9¢ |
| MIA Heat | 6% | −1pp | 12% | Yes 6¢ |
| BOS Celtics | 5% | −1pp | 13% | Yes 5¢ |
| MIN Timberwolves | 5% | +1pp | 9% | Yes 5¢ |
| CLE Cavaliers | 3% | +1pp | 8% | Yes 3¢ |
| DEN Nuggets | 3% | −1pp | 6% | Yes 3¢ |
| LAL Lakers | 3% | −1pp | 7% | Yes 3¢ |
| TOR Raptors | 3% | −1pp | 8% | Yes 3¢ |
| DET Pistons | 2% | −1pp | 7% | Yes 2¢ |
| GS Warriors | 2% | +1pp | 3% | Yes 2¢ |
| HOU Rockets | 2% | −1pp | 4% | Yes 2¢ |
| IND Pacers | 2% | −1pp | 6% | Yes 2¢ |
| ORL Magic | 2% | −1pp | 3% | Yes 2¢ |
| ATL Hawks | <1% | −1pp | 3% | Yes 1¢ |
| BKN Nets | <1% | −1pp | <1% | Yes 1¢ |
| CHA Hornets | <1% | −1pp | 2% | Yes 1¢ |
| CHI Bulls | <1% | −1pp | <1% | Yes 1¢ |
| DAL Mavericks | <1% | −1pp | 1% | Yes 1¢ |
| LAC Clippers | <1% | −1pp | <1% | Yes 1¢ |
| MEM Grizzlies | <1% | −1pp | <1% | Yes 1¢ |
| MIL Bucks | <1% | −1pp | <1% | Yes 1¢ |
| NO Pelicans | <1% | −1pp | <1% | Yes 1¢ |
| PHX Suns | <1% | −1pp | <1% | Yes 1¢ |
| POR Trail Blazers | <1% | −1pp | 2% | Yes 1¢ |
| SAC Kings | <1% | −1pp | <1% | Yes 1¢ |
| UTA Jazz | <1% | −1pp | 2% | Yes 1¢ |
| WSH Wizards | <1% | −1pp | 2% | Yes 1¢ |
How these odds work
Every figure on this page is a live Kalshi market price. A contract on the 2026-27 NBA champion pays out at 100¢ if that club wins the title and nothing if it does not, so its price in cents reads directly as the market's implied chance in percent.
The board is ordered by that price, using the exact quote rather than the rounded figure printed in the column — two clubs a hundredth of a point apart would otherwise swap places between refreshes.
The conference column prices a strictly weaker claim: reaching the Finals rather than winning them. The gap between a club’s two numbers is roughly what the market implies about its chance of reaching the Finals and losing — not its chance of losing once it is there, which would be that gap measured against the conference price rather than against 100. The two contracts are also quoted independently, so the difference is an observation about two markets rather than a figure either one states.
Questions
Who is favourite to win the 2026-27 NBA championship?
How are these NBA championship odds calculated?
What is the difference between the title and conference columns?
Do these odds add up to 100%?
Every NBA team
- Atlanta Hawks
- Boston Celtics
- Brooklyn Nets
- Charlotte Hornets
- Chicago Bulls
- Cleveland Cavaliers
- Dallas Mavericks
- Denver Nuggets
- Detroit Pistons
- Golden State Warriors
- Houston Rockets
- Indiana Pacers
- Los Angeles Clippers
- Los Angeles Lakers
- Memphis Grizzlies
- Miami Heat
- Milwaukee Bucks
- Minnesota Timberwolves
- New Orleans Pelicans
- New York Knicks
- Oklahoma City Thunder
- Orlando Magic
- Philadelphia 76ers
- Phoenix Suns
- Portland Trail Blazers
- Sacramento Kings
- San Antonio Spurs
- Toronto Raptors
- Utah Jazz
- Washington Wizards