2025 NBA Cup Early Odds: Will A Darkhorse Win Again?

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The NBA will hold its third annual NBA Cup in-season tournament in 2025, and we’ve already got betting odds for the favorites. As in seasons past, the odds for the NBA Cup winner are very similar to the odds for the outright NBA championship winner.
In the first couple of years, the tournament was won by veteran-heavy teams in the Los Angeles Lakers in 2023 and the Milwaukee Bucks in 2024. Neither team was in the top three on the preseason odds board and neither made it out of the first round of the playoffs later that season.
So we’re not necessarily looking for an elite team, just one that can lock in for a few games early in the campaign. Check out the early betting odds and favorites for the trophy, as well as our top long shot options.
Highlights
- The OKC Thunder are massive favorites to win both the NBA Cup and NBA championship
- Cleveland could boost their confidence and ego by winning the in-season tourney
- Orlando is an intriguing dark horse after their big offseason moves
2025 NBA Cup Winner July Odds: Breakdown & Value Picks - July 13
All odds provided by Betway.
2025 NBA Cup Winner Betting Odds
| Player | July 7 Odds |
| Oklahoma City Thunder | +300 |
| Cleveland Cavaliers | +700 |
| Houston Rockets | +900 |
| New York Knicks | +1,000 |
| Denver Nuggets | +1,400 |
| Orlando Magic | +1,400 |
| Los Angeles Clippers | +1,600 |
| Los Angeles Lakers | +1,600 |
| Minnesota Timberwolves | +1,600 |
| Atlanta Hawks | +2,000 |
| Detroit Pistons | +2,500 |
| Milwaukee Bucks | +2,500 |
| Philadelphia 76ers | +2,500 |
| Golden State Warriors | +3,000 |
| Boston Celtics | +3,500 |
| Dallas Mavericks | +5,000 |
| Memphis Grizzlies | +5,000 |
| San Antonio Spurs | +5,000 |
The Favorites
Oklahoma City Thunder (+300): The Thunder are big favorites to win both the NBA Cup and NBA championship. We like them a lot more to win the latter, however. They lost in the Finals of last year’s NBA Cup, but now that they’ve won the big one, we believe they will be more focused on that rather than an in-season tournament. We don’t love how short these odds are anyway, so let’s find some better value elsewhere.
Cleveland Cavaliers (+700): We actually like the Cavs a lot here. They are the type of underachieving team that could put some extra importance on the NBA Cup just to get some more belief within the team. They are likely to breeze through the Eastern Conference during this tournament considering all of the East stars that are convalescing from major surgeries early in the season. And the +700 odds from Ontario sportsbooks are certainly offering more than enough value.
Houston Rockets (+900): The Rockets made the biggest move of the offseason in acquiring Kevin Durant. They also got rid of a couple of questionable locker room characters in the process, beautifully marrying experienced veteran champions (Durant and Fred VanVleet) with exciting young talent (Amen Thompson and Alperen Sengun). We like them as an option out of the Western Conference here.
Long Shot Value Bets
- Denver Nuggets (+1,400): The Nuggets seem to be reloading with intelligence during the 2025 offseason. They overachieved mightily after firing their head coach, and their new young one is likely to treat the tourney seriously.
- Orlando Magic (+1,400): One of our overall dark horses for the season, Paolo Banchero and Franz Wagner are an excellent duo, and the addition of Desmond Bane shows they’re serious about winning some silverware this season.
- Dallas Mavericks (+5,000): There is no more fun bet in the NBA right now than the enigma that is Dallas. Cooper Flagg, Klay Thompson, and Anthony Davis make for a very interesting proposition. If anything, throw a half-unit or something on this team, because they will be an engrossing story next season, and at +5,000 odds, it’s definitely worth the squeeze.
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Alex Murray has been a consistent presence on BettingTop10 since he joined the team in 2020 just after graduating from Ryerson University’s Sport Media program in 2019. He has written for publications including theScore, Sporting News, FanSided, FantasyPros, and more over his 6+ years in the field. Alex has also been a lifelong athlete and sports fan who has channeled that love into his entertaining writing style and shrewd betting strategies.

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