Opening 2021 NBA Championship Odds Have Lakers Favored To Repeat

  • BetOnline has opening 2021 NBA Championship odds for all 30 teams
  • LeBron James and the Lakers opened as +400 favorites to win a second-consecutive Larry O’Brien Trophy
  • The Warriors (+700) have the No. 2 overall pick in the 2020 NBA Draft to add to their talented trio

In their first season as teammates, LeBron James and Anthony Davis cruised through the NBA bubble playoffs with a 16-5 record, delivering the Lakers franchise its 17th championship banner.

The question now is how many NBA titles can the historic duo win together before the soon-to-be 36-year-old James finally loses a step?

Oddmakers at BetOnline believe King James is capable of going back-to-back for the second time in his career, installing the Purple & Gold as +400 favorites to win the 2021 NBA Championship. After examining the board, let’s look at what teams might stand in his way.


NBA Team Odds
Los Angeles Lakers +400
Los Angeles Clippers +600
Golden State Warriors +700
Milwaukee Bucks +1000
Boston Celtics +1200
Brooklyn Nets +1200
Miami Heat +1200
Toronto Raptors +1600
Denver Nuggets +2000
Houston Rockets +2200
Dallas Mavericks +2500
Philadelphia 76ers +3300
Portland Trail Blazers +3300
New Orleans Pelicans +4000
Phoenix Suns +4000
Utah Jazz +4000
Oklahoma City Thunder +6600
Memphis Grizzlies +7500
Atlanta Hawks +10000
Chicago Bulls +10000
Indiana Pacers +10000
Washington Wizards +10000
Cleveland Cavaliers +25000
Detroit Pistons +25000
Minnesota Timberwolves +25000
Orlando Magic +25000
Sacramento Kings +25000
San Antonio Spurs +25000
New York Knicks +30000
Charlotte Hornets +50000


James won the NBA Finals MVP by putting up 29.8 points, 11.8 rebounds and 8.5 assists per game in the Lakers’ 4-2 series win against the Heat, but Davis was certainly no slouch, averaging 25.0 points, 10.7 rebounds 3.2 assists, 2.0 blocks and 1.3 steals. The duo also became the first pair of teammates to finish one-two in postseason scoring since Shaquille O’Neal and Kobe Bryant in 2002.

Considering their combined greatness almost makes their supporting cast irrelevant, we feel comfortable betting on a Lakers repeat (+400) before free agency and the draft unfolds.

After a monumental choke job against the Nuggets, the Clippers (+600) fired Doc Rivers and are now in the market for a new head coach, with former LeBron acquaintances Ty Lue and Mike Brown reportedly among the top candidates. However, it’s hard to imagine Steve Ballmer’s boys winning the title with Paul George as a second option after the 30-year-old forward folded like a cheap suit in the bubble.

The same goes for Milwaukee (+1000), who failed to reach the Finals for the second-straight year after finishing with the best record in the regular season. If back-to-back NBA MVP Giannis Antetokounmpo doesn’t put pen to paper on a super-max extension this offseason, the Bucks are basically screwed.


Golden State (+700) has the No. 2 overall pick in the 2020 NBA Draft as well a $17.2 million traded-player exception and a mid-level exception to supplement their championship core of Steph Curry, Klay Thompson and Draymond Green. New arrival Andrew Wiggins could also help with his play, or as trade bait.

What the Warriors don’t have is Kevin Durant, who will be teaming with Kyrie Irving in Brooklyn (+1200) after missing all of last season with an Achilles rupture suffered in the 2019 NBA Finals. While it’s hard to gauge at this point whether the Nets will be true championship contenders, they’ll add much-needed spice to an always lackluster Eastern Conference.

If Jayson Tatum continues on his superstar trajectory, the Celtics (+1200) could reach the Finals for the first time since 2010, but they’ll need GM Danny Ainge to parlay Boston’s three first-round picks into an impact player. Miami (+1200) will also be dangerous if they can add another star around Jimmy Butler and Bam Adebayo, but Pat Riley may choose to be patient in hopes of luring Giannis to South Beach next offseason.

Best Bet: Lakers (+400)


Steve Starr

Steve is one of the many Americans who spends Sunday watching football on the couch and gorging on heart-clogging eats. He describes himself as a good father, great dog owner, and mediocre gambler and husband.

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