NBA Cup Odds 2024: Celtics Favorites for 2nd In-Season Tournament
The 2024 NBA Cup odds from our best NBA betting sites continue to shuffle with five slates of games played in the second-ever In-Season Tournament.
The Celtics remain the clear and consensus NBA championship odds favorites, but an opening-night loss to the Atlanta Hawks in this tournament raised their odds temporarily.
They reclaimed the top spot over the New York Knicks with the win over the previously undefeated Cleveland Cavaliers that shortened their odds once again.
Jalen Brunson, one of the NBA MVP odds contenders, figures to lead New York on a deep run through this tournament. The Knicks are one of six teams sitting 2-0 or better with group-stage play continuing through Dec. 3.
Tournament play resumes on Tuesdays and Fridays until the Emirates NBA Cup Final on Dec. 17.
Emirates NBA Cup odds 2024
Live NBA In-Season Tournament odds via our best sports betting sites.
- The Thunder took a fall down the oddsboard with a 110-104 loss to the San Antonio Spurs on Tuesday, as OKC plays without Chet Holmgren
- After winning the NBA Cup last season, the Lakers have had an up-and-down journey in the bettings odds; they've started 2-1 in their bid to repeat
- The Bucks have the chance to shake off some early-season rust in one of the easiest groups in the field, including the potentially Jimmy Butler-less Miami Heat
NBA Cup odds favorite 2024
Celtics (+500)
Going into the final stretch of Group Play in the NBA's second-annual In-Season Tournament, the Celtics' group is the most confusing to determine. That's in large part due to the C's stunning loss to the Atlanta Hawks to kick off Group C.
Because of that, if the Hawks beat the Cleveland Cavaliers to finish the round robin session, the Hawks would automatically grab first-place in the group, and the Celtics would instead have to aim for the East Wild Card spot currently occupied by the New York Knicks.
And yet, the Celtics still remain the favorite to win the entire tournament because of their dominance in the regular season. They also remain the favorites to get out of their group at -135.
Should the Cavaliers beat the Hawks like expected, and the Celtics beat the Chicago Bulls like expected, Boston will enter the playoffs of the NBA Cup with an inside track to a title.
However, the early returns of the NBA Cup have told basketball fans to expect the unexpected, and Boston should feel anything but safe about even earning a spot in the knockout round to begin with.
There's a whole lot of volatility on a wager for the Celtics right now, where $10 would return just $50 in profit.
Best odds: +500 via FanDuel | Implied probability: 16.67%
NBA In-Season Tournament MVP odds
We're starting to see some separation in the NBA Cup MVP odds leaderboard as team records are now spread between 3-0 and 0-3.
Curry remains atop the leaderboard, but is currently dealing with a nagging knee issue.
Emirates NBA Cup schedule
- Nov. 12: NBA Cup begins ✅
- Dec. 3: NBA Cup group stage concludes
- Dec. 10-11: NBA Cup quarterfinals
- Dec. 14: NBA Cup semifinals
- Dec. 17: NBA Cup championship
NBA Cup groups & odds to win group
Odds to win each group via FanDuel as of Nov. 27.
Western Conference
| West Group A | West Group B | West Group C |
|---|---|---|
| Minnesota Timberwolves (OTB) | Oklahoma City Thunder (+145) | Denver Nuggets (OTB) |
| LA Clippers (OTB) | Phoenix Suns (+110) | Dallas Mavericks (OTB) |
| Sacramento Kings (OTB) | Los Angeles Lakers (+650) | New Orleans Pelicans (OTB) |
| Houston Rockets (OTB) | Utah Jazz (OTB) | Golden State Warriors (OTB) |
| Portland Trail Blazers (OTB) | San Antonio Spurs (+700) | Memphis Grizzlies (OTB) |
Eastern Conference
| East Group A | East Group B | East Group C |
|---|---|---|
| New York Knicks (-350) | Milwaukee Bucks (OTB) | Boston Celtics (-135) |
| Orlando Magic (+220) | Indiana Pacers (OTB) | Cleveland Cavaliers (+360) |
| Philadelphia 76ers (OTB) | Miami Heat (OTB) | Chicago Bulls (+900) |
| Brooklyn Nets (OTB) | Toronto Raptors (OTB) | Atlanta Hawks (+320) |
| Charlotte Hornets (OTB) | Detroit Pistons (OTB) | Washington Wizards (OTB) |
How to bet on the NBA Cup
Betting on the NBA In-Season Tournament (NBA Cup) odds is pretty straightforward. First, pick a sportsbook offering odds on the tournament. Check the odds for different teams; for example, if the Lakers are at +400 and the Celtics are at +600, the Lakers are favored to win.
Decide how much you want to bet and place your wager. If you bet $100 on the Lakers at +400 and they win, you’ll get $500 back ($400 profit + $100 stake). Keep an eye on team performances during the tournament to see how your bet is shaping up.
Now, why do odds move in future markets? It’s all about team performance and public perception. If a team starts playing better or worse than expected, their odds will adjust. Injuries to key players or changes in team dynamics can also affect the odds.
Additionally, if a lot of people are betting on a particular team, sportsbooks might shift the odds to balance their risk. Expert analysis and media coverage can also sway public opinion, influencing how people bet and causing odds to move.
How to read NBA Cup odds
Reading NBA In-Season Tournament (NBA Cup) odds is easy. Odds are usually displayed in formats like +400 or -150. Positive odds (e.g., +400) indicate how much profit you'd make on a $100 bet.
So, a $100 bet at +400 odds would win you $400, plus your original $100 stake, totaling $500. Negative odds (e.g., -150) show how much you need to bet to win $100. For example, a $150 bet at -150 odds would win you $100, plus your $150 stake, totaling $250.
These odds also give you a sense of the implied probability of a team winning the tournament. Lower odds (e.g., +200) suggest a higher likelihood of winning, while higher odds (e.g., +1000) indicate a lower likelihood. Sportsbooks adjust these odds based on factors like team performance, injuries, and public betting trends.
For example, if the Lakers have +400 odds and the Celtics have +600 odds, the Lakers are considered more likely to win. If you bet $100 on the Lakers and they win, you’d get $500 back ($400 profit + $100 stake). Understanding these odds helps you gauge potential returns and make informed betting decisions.
NBA Cup FAQs
How does the NBA In-Season Tournament work?
All 30 teams have been randomly drawn into groups of five within their conference based on win-loss records from the 2023-24 regular season.
Beginning Tuesday, Nov. 12 and continuing through Tuesday, Dec. 3, each team will play four designated group stage games on “Cup Nights” – one game against each opponent in its group. Two games will be played at home and two on the road.
Eight teams will advance to the knockout rounds: the team with the best standing in group stage games in each of the six groups and two “wild cards."
The knockout rounds will consist of single-elimination games in the quarterfinals (played in NBA team markets on Tuesday, Dec. 10 and Wednesday, Dec. 11). The semifinals and championship will be played in Las Vegas on Dec. 14 and Dec. 17, respectively.
Who is the NBA Cup favorite?
The Boston Celtics are NBA Cup favorites with odds of +500 representing an implied win probability of 16.67%.
What do you get for winning the NBA In-Season Tournament?
The teams will compete for a prize pool and the NBA Cup championship trophy.
Who won the NBA In-Season Tournament last year?
The Los Angeles Lakers defeated the Indiana Pacers to win the first edition of the NBA In-Season Tournament.
When will the NBA Cup be decided?
The 2024 NBA In-Season Tournament will tip off on Tuesday, Nov. 12 in team markets and culminate with the semifinals (Saturday, Dec. 14) and championship (Tuesday, Dec. 17) taking place at T-Mobile Arena in Las Vegas. The complete schedule will be released in August.
Do NBA In-Season Tournament games count toward team records?
All 67 games across both stages of the NBA Cup will count toward the regular season standings except the championship.
Each team will continue to play 82 regular season games in the 2024-25 season, including those games that are part of group play and the knockout rounds.
NBA betting odds pages
Here are our best NBA betting sites:
- Caesars Promo Code: SBRBONUSDYW | Read our Caesars Review
- BetMGM Bonus Code: SBRBONUS | Read our BetMGM Review
- bet365 Bonus Code: SBRBONUS | Read our bet365 Review
- FanDuel Promo Code | Read our FanDuel Review
- DraftKings Promo Code | Read our DraftKings Review
(21+. Gambling Problem? Call 1-800-GAMBLER)
* Bonuses not applicable in Ontario.
Not intended for use in MA.
Each betting site featured on SBR has been meticulously researched and selected by our team of experts. If you sign up through our links, we may get a commission.
Related pages
- Best Sports Betting Sites | Best Sportsbook Promos (U.S. only)
Related Articles
