2022 NBA Championship Odds Tracker: 76ers Make Big Jump After Harden-Simmons Trade

2022 NBA Championship Odds

Odds via BetMGM, updated Feb. 10. Learn more about American odds here, and compare NBA futures odds here.

The NBA Trade Deadline's over, but not without a blockbuster deal.

The 76ers and Nets agreed to a deal that sends James Harden to Philadelphia and a whole host of assets, headlined by Ben Simmons, to Brooklyn.

The Nets remain the title favorite at BetMGM but have dropped a bit to +400, while the 76ers vaulted to the fifth spot behind the Nets, Warriors, Suns and Bucks.

Here's how odds have moved so far this season:

Who Is the 2022 NBA Title Favorite?

Let's dive into each key contender below:

1. Nets (+400)

Simmons comes along with some sweeteners, including Seth Curry.

Harden was disgruntled — and so was Simmons in Philadelphia — but a move needed to be made, especially with Brooklyn on a nine-game losing skid ahead of Thursday's clash versus the Wizards.

2. Warriors (+450)

The Warriors have the league's second-best record, spearheaded by a defense that's top five in most categories.

The only team that's been better in the win-loss column?

3. Suns (+500)

No team's been tougher to beat on a nightly basis than Phoenix.

Monty Williams and Co. didn't make many significant moves, but who needs to when you're 44-10?

Phoenix, which is outscoring teams by a whopping 7.6 points per game this season, won't go quietly in a seven-game series.

4. Bucks (+650)

The defending NBA champions didn't open as the favorite, and anyone interested in betting on a repeat can get a 13/2 on a team playing like contenders.

After losing to Denver by 36 on Jan. 30, Milwaukee's ripped off four straight wins and covers, all by at least 14 points.

Plus, Serge Ibaka's now in the fray as an asset for the later months.

5. 76ers (+675)

Joel Embiid's skyrocketing up MVP boards, and now Harden's in the fold. That's a must-watch tandem for a team that could use an offensive boost: Philadelphia ranks just 20th in the NBA in scoring with the All-Star Break looming.

6. Heat (+1100)

The 2020 NBA runner-up seems to be back on track, quietly pacing the East with a 35-20 record.

Miami finished last season with a -1.1 average scoring margin, but owns the sixth-best mark in the league (+4.5).

7. Jazz (+1400)

The Jazz finished with the best regular-season record in the NBA last year but fell to the Clippers in six games. The floor is really high for this team, and you'd expected them to be among the top 5-7 betting choices all year.

Utah added a couple players this week, including guard Nickeil Alexander-Walker.

8. Lakers (+1800)

The Lakers desperately needed an injection of life at the deadline, but they held firm. The club rolls on with LeBron James and a roster that's covering an ugly 42.9% of games this season.

9. Bulls (+2500)

The Bulls are on a trajectory that a lot of NBA championship futures bettors love.

• Stockpile talent and assets
• Young player takes a major step forward
• Put veteran pieces around him the next offseason
• ….Profit?

They've been awesome filling pockets for bettors during the regular season so far, covering close to 60% of their contests.

10. Grizzlies (+2500)

Ja Morant's been appointment television for one of the easiest teams to root for.

The Grizzlies still might be a long shot to win the title, but they're the league leader in cover rate at 66.1% (37-19 ATS)

11. Nuggets (+3000)

It's been a frustrating season for the Nuggets, who brought back the reigning MVP and everyone else. But through the deadline, Denver's been top four in basketball in games lost due to injury or health and safety protocols.

12. Mavericks (+4000)

Despite Dallas occupying the No. 5 seed and serving as a profitable bet in 2021-22 (53.7%), the market's not necessarily buying the Mavericks — and that includes in the aftermath of trading Kristaps Porzingis.

13. Cavaliers (+4000)

Nobody thought Cleveland would be at this point, this late in the season, but here we are.

Only Memphis' ATS record has rivaled the Cavaliers' (33-19-3). The squad's currently ahead of the Nets, Celtics and Hawks in the playoff race, because of course they are.

14. Celtics (+5000)

The Celtics may draw some betting interest because of the price and the perceived upside. Though the team looks much different now, Boston has made the Eastern Conference Finals in three of the last five years.

The club acquired Derrick White and brought back Daniel Theis in two separate deadline moves.

15. Hawks (+8000)

The Hawks broke through with an Eastern Conference Finals appearance last season, but it'll be an uphill battle down the stretch. Atlanta's two games under .500 and multiple games out of a playoff bid.

16. Clippers (+10000)

Call it a wash for L.A, which could be without both Paul George and Kawhi Leonard for the rest of the season. L.A. ticked up to 16-1 before George's injury, and dropped back to 25-1, but multiple stars sidelined sent this one off the rails.

17. Hornets (+12500)

The Hornets have gotten some buzz as a team that can take another step forward after making the playoffs for the first time since 2015-16 last year. But they're still a ways away from an NBA championship.

18. Raptors (+12500)

The Raptors are quietly on the upswing, ranking seventh league-wide in RPI and sixth in the East to boot.

Toronto's been the fourth-best bet in basketball, going 31-21-1 ATS (59.6%).

19. Timberwolves (+12500)

The clouds are slowly parting in Minnesota, where the T'Wolves sit 29-26 and an even better 31-24 when adjusting for expected win-loss.

20. Knicks (+25000)

Arguably the biggest surprise of last year has fallen back to earth, with a 24-31 record and 45.5% cover rate – all after the Knicks led the league in the latter category.

21. Wizards (+25000)

The Wizards acquired Porzingis and sent back Spencer Dinwiddie after losing Bradley Beal for the season.

The public can't win on Washington, which owns the second-worst record against the spread in basketball (20-32-1)

22. Pacers (+50000)

Indiana's nowhere near the playoff race but stirred the pot Wednesday, dealing Damontas Sabonis and others to Sacramento for a package featuring Tyrese Haliburton.

23. Kings (+50000)

De'Aaron Fox and Sabonis is a lethal one-two punch for down the road. The latter's a two-time All Star and arguably the most ideal teammate for the young guard to this point.

24. Spurs (+50000)

San Antonio off-loaded Derrick White to the Celtics, getting back Romeo Langford and Josh Richardson in return.

25. Trail Blazers (+75000)

The Blazers have been shaking things up all week, shipping off C.J. McCollum to New Orleans and Normal Powell to the Clippers in two separate moves.

26. Rockets (+75000)

The Rockets entered last season 25-1 to win the title, then dropped, and dropped, and dropped. Now they're in full rebuild mode at 750-1 to win the title.

27. Pelicans (+100000)

The Pelicans are among the worst teams in the NBA right now and are already out of the NBA title picture. It hasn't been the best start to the Zion Williamson era.

28. Pistons (+100000)

Detroit is the worst team in the league, with just 12 wins through 54 games.

29. Thunder (+100000)

Playoffs or not, OKC's been the third-best bet in basketball, behind Memphis and Cleveland.

30. Magic (+100000)

The Magic shipped everyone out at the trade deadline and will attempt to build around a young core that includes Jalen Suggs, Markelle Fultz, Cole Anthony and Wendell Carter Jr.

NBA Title Odds FAQ

Who has the best odds to win the NBA Finals 2022?

The Nets, followed by the Warriors, Suns and Bucks, have the best chance to win the NBA Finals this year.

How do NBA odds work?

If you're confused about all this, read up on a few of these educational pieces:

• How American odds work
• 12 things for brand-new sports bettors to know
• 8 tips for betting on the NBA
• How point spreads work

How can you bet on the NBA Finals?

If you're in a legal betting state, it's easy to get started betting on the NBA. See where your state stands with betting legalization.

Previous NBA Title Winners