NBA Championship Odds 2026-27

Every figure on this page is a live Kalshi market price. A contract on the 2026-27 NBA champion pays out at 100¢ if that club wins the title and nothing if it does not, so its price in cents reads directly as the market's implied chance in percent.

The board is ordered by that price, using the exact quote rather than the rounded figure printed in the column — two clubs a hundredth of a point apart would otherwise swap places between refreshes.

The conference column prices a strictly weaker claim: reaching the Finals rather than winning them. The gap between a club’s two numbers is roughly what the market implies about its chance of reaching the Finals and losing — not its chance of losing once it is there, which would be that gap measured against the conference price rather than against 100. The two contracts are also quoted independently, so the difference is an observation about two markets rather than a figure either one states.

A club’s Finals chance is its title price divided by its conference price: of the times the market expects it to reach the Finals, the share it expects the club to win. Only clubs priced at 5% or more to win their conference get one, because below that both prices sit a cent or two off the floor and their ratio means nothing. East against West and the half-the-chance count scale every title price down so the league adds to exactly 100% — raw prices add to more, because a longshot cannot trade below a cent.