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NBA championship odds today

Kalshi and Polymarket both rate the San Antonio Spurs as the likeliest 2027 NBA champion, at 21.5% on Kalshi and 22.5% on Polymarket.

Every chance below is the Yes price of a team's market turned into a percentage. Kalshi titles its market "2027 Pro Basketball Champion" and Polymarket titles its market "NBA: 2027 Champion", and both settle on the team that wins the NBA Finals. We read Kalshi and Polymarket's public market data on 12 Nov 2026, 9:32 AM ET and read it again about every 10 minutes.

Read from Kalshi and Polymarket on 12 Nov 2026, 9:32 AM ET

Kalshi
21.5%
San Antonio Spurs lead
Polymarket
22.5%
San Antonio Spurs lead
Settles
31 Jul
2027, per Kalshi's listing

Here is how Kalshi and Polymarket rate the 10 teams most likely to win the 2027 NBA championship, side by side.

Each pair of bars is one team: green is Kalshi and blue is Polymarket. Every bar is drawn to the same scale, and the longest one is 22.5%. Chances are read on 12 Nov 2026.

Kalshi and Polymarket each list 30 teams for the 2027 NBA champion, and only one of them can settle Yes.

Chance of winning for every team, from each venue
TeamKalshiPolymarket
San Antonio Spurs21.5%22.5%
Oklahoma City Thunder13.5%14.5%
Philadelphia 76ers11.5%11.2%
Boston Celtics7.5%7.5%
New York Knicks6.5%7.5%
Minnesota Timberwolves5.5%6.3%
Houston Rockets5.5%4.9%
Los Angeles Lakers4.5%4.5%
Detroit Pistons3.5%4%
Toronto Raptors3.5%3.5%
Golden State Warriors3.5%2.1%
Portland Trail Blazers2.5%2.9%
Denver Nuggets2.5%2.6%
Cleveland Cavaliers2.5%2.3%
Miami Heat1.5%1.7%
Indiana Pacers1.5%1.4%
Atlanta Hawks1.5%1.1%
Dallas Mavericks1.5%0.9%
Memphis Grizzlies0.5%0.7%
Orlando Magic0.5%0.5%
Washington Wizards0.5%0.4%
Phoenix Suns0.5%0.3%
Utah Jazz0.5%0.3%
Charlotte Hornets0.5%0.1%
Brooklyn Nets0.5%<0.1%
Chicago Bulls0.5%<0.1%
Los Angeles Clippers0.5%<0.1%
Milwaukee Bucks0.5%<0.1%
New Orleans Pelicans0.5%<0.1%
Sacramento Kings0.5%<0.1%
Chances are read on 12 Nov 2026. See the market on Kalshi and Polymarket.

Each venue settles a team's market Yes only if that team wins, and the dates below come from the venues' own listings.

  • Kalshi. A team's market settles Yes if that team wins the 2027 pro basketball finals, and the market closes once a champion is declared. Kalshi expects to settle on 31 July 2027.
  • Polymarket. A team's market settles Yes if that team wins the 2026-27 NBA championship, and settles No as soon as the team can no longer win, for example when it is knocked out of the playoffs. The market is scheduled to close on 30 June 2027, and if no champion is declared by then Polymarket resolves it to Other, not to a listed team.
  • The chances. A Yes share pays $1 if the team wins, so a price of 14 cents is a 14% chance. For Kalshi we use the midpoint of the best bid and ask when they are within 10 cents of each other, and the last trade when they are not. For Polymarket we use the price it publishes for Yes.
  • The volume. Kalshi counts contracts and Polymarket counts US dollars, so the two totals cannot be compared directly.

On BitPredict you can make your own Bitcoin up-or-down call for free, with nothing at stake.

This page is about basketball, but BitPredict asks a simpler question than these markets, without the money: will Bitcoin be higher or lower in 24 hours? You make the call for free, it is timestamped, and you are scored on accuracy. Start with the Bitcoin page or today's calls.

These are the questions people ask about Kalshi and Polymarket odds on the 2027 NBA champion.

Who is the favorite to win the 2027 NBA championship on Kalshi and Polymarket?

Kalshi rates the San Antonio Spurs first, at 21.5%, and Polymarket rates the San Antonio Spurs first, at 22.5%, as read on 12 Nov 2026. That is the price of a Yes share, in cents, turned into a percentage, and it moves with every trade.

What do the 2027 NBA Finals odds on this page mean?

Each percentage is the price of a Yes share in one team's market. A share pays $1 if the team wins, so a price of 14 cents means the market gives that team about a 14% chance. It is what traders are paying, not a promise: a team at 14% still loses about 86 times in 100 if the prices are set well.

How do Kalshi and Polymarket differ for this market?

Both ask which team wins the 2027 NBA Finals, and both pay $1 for a winning share. Kalshi, a US-regulated exchange, counts trading in contracts (64.5M contracts so far), while Polymarket counts US dollars ($38.3M so far), so the totals cannot be compared directly. Kalshi expects to settle on 31 July 2027. Polymarket's market is scheduled to close on 30 June 2027 and resolves to Other if no champion is declared by then.

Which team do Kalshi and Polymarket disagree on most?

Golden State Warriors: Kalshi gives 3.5% and Polymarket gives 2.1%, a gap of 1.5 points.

Why do the chances not add up to exactly 100%?

Each team's price is set by its own trading, so the prices need not add up to exactly 100%. On this read Kalshi's chances add up to 106% and Polymarket's to 103.7%. Kalshi's total runs above 100% partly because a team quoted between 0 and 1 cent shows as 0.5%.

When does the market on the 2027 NBA champion settle?

Kalshi expects to settle on 31 July 2027, once the champion is declared. Polymarket's market is scheduled to close on 30 June 2027, which is the latest it can settle.

Can I make a free prediction on BitPredict?

Yes, but BitPredict covers crypto, not basketball. It is free to play: you call Bitcoin or another coin up or down over the next 24 hours, get scored on accuracy, and build a public track record. Nothing is deposited and nothing is at stake.

Kalshi and Polymarket also list these other sports championships, and BitPredict sets them side by side too.

These are the other prediction markets BitPredict tracks on Kalshi and Polymarket, from Bitcoin to the Fed.