The Chicago Bulls have been a surprise contender this season and are among the NBA's best teams against the spread (ATS).
That indicates the market likely undervalues them, especially against other good teams.
And with Illinois launching online sports betting registration again, it's a perfect opportunity to take a look at how to invest in futures on the Chicago Bulls.
Illinois previously required you to go in-person to a sportsbook in order to register to make wagers online. Now, you can sign up online and get started right away.
That means first-time users won't have to make the trip to Chicago in order to register anymore — and you can take advantage of some ridiculous sign-up offers in the process …
There are six sportsbooks live in Illinois: Caesars, PointsBet, BetRivers, FanDuel, BetMGM and Barstool.
You can compare odds for Monday's game against the 76ers here, but most books list the Bulls as 7- or 7.5-point underdogs, meaning you'd win your bet as long as the Bulls don't lose by more than 7 points.
Chicago Bulls NBA Championship Odds
| Sportsbook | Bulls Odds to Win NBA Championship |
|---|---|
| DraftKings | +3000 |
| FanDuel | +2700 |
| Caesars | +3000 |
The Bulls are longshots at most sportsbooks despite their pristine regular-season record. Relative to other upper echelon teams, they're incredibly unpolished and have limited postseason experience in their ranks.
DraftKings, FanDuel and Caesars all have the Bulls listed with the 10th-best odds in the NBA to win it all.
DraftKings and FanDuel have the best odds on the market at +3000.
Chicago Bulls Eastern Conference Champion Odds
| Sportsbook | Bulls Odds to Win Eastern Conference |
|---|---|
| DraftKings | +1200 |
| FanDuel | +1600 |
| Caesars | +1400 |
Each book lists the Bulls with the sixth-longest odds to win the Eastern Conference despite having the third-best record.
They're behind the Brooklyn Nets (consensus No. 1), Milwaukee Bucks, Philadelphia 76ers, Miami Heat and Boston Celtics in those rankings.
Chicago Bulls Central Division Champion Odds
| Sportsbook | Bulls Odds to Win Central Division |
|---|---|
| DraftKings | +260 |
| FanDuel | +300 |
| Caesars | +250 |
The Bulls are tied with the Bucks in the Central division after Friday night's loss. As a result, division odds took a big hit.
At DraftKings, the Bulls moved from +155 to +260 to win the Central. FanDuel has them even longer at +300.
