With the first games of NBA's in-season tournament for the 2024 Emirates Cup now in the books, oddsmakers at FanDuel Sportsbook have adjusted the betting odds and named the New York Knicks the new favorites at +550 with their 2-0 start.
Here's a look at where each of the Association's 30 teams currently sit in the odds race.
2024 NBA Cup Betting Odds
| Team | Odds |
|---|---|
| New York Knicks | +550 |
| Cleveland Cavaliers | +650 |
| Oklahoma City Thunder | +700 |
| Golden State Warriors | +700 |
| Minnesota Timberwolves | +950 |
| Boston Celtics | +1000 |
| Los Angeles Lakers | +1500 |
| Milwaukee Bucks | +1700 |
| Houston Rockets | +1700 |
| Orlando Magic | +1800 |
| Dallas Mavericks | +2200 |
| Denver Nuggets | +3300 |
| Atlanta Hawks | +3400 |
| Miami Heat | +3900 |
| Sacramento Kings | +5000 |
| Detroit Pistons | +5500 |
| Phoenix Suns | +5500 |
| Indiana Pacers | +7000 |
| Los Angeles Clippers | +10000 |
| Memphis Grizzlies | +12000 |
| New Orleans Pelicans | +21000 |
| Chicago Bulls | +24000 |
| Washington Wizards | +25000 |
| San Antonio Spurs | +25000 |
| Utah Jazz | +25000 |
| Philadelphia 76ers | +25000 |
| Brooklyn Nets | +25000 |
| Portland Trail Blazers | +25000 |
| Charlotte Hornets | +25000 |
| Toronto Raptors | +25000 |
Odds as of November 18, 2024 at FanDuel
2024 NBA Cup Betting Favorite: New York Knicks (+550)
What once appeared to be one of the deadlier groups in the Eastern Conference has been severely hindered by injuries to big names, although the Knicks have avoided a similar fate and can relish in a more straightforward path to the knockout stage.
A convincing 111-99 victory over the Philadelphia 76ers with a returning and clearly rusty Joel Embiid along with an absent Tyrese Maxey due to injury started off New York's tournament run with a bang. A two-point win over the Brooklyn Nets didn't instil much confidence, but it did keep the Knicks undefeated through two outings.
The only other real threat in East Group A is the Orlando Magic and they're without Paolo Banchero. The tide could turn in the knockout games, but for now, New York is sitting pretty.
2024 NBA Cup Darkhorse: Los Angeles Lakers (+1500)
You can't sleep on the team that won the first-ever in-season tournament, let alone one that has made obvious improvements despite having a head coach with zero experience in JJ Redick.
The Los Angeles Lakers defeated the San Antonio Spurs 120-115 in their first game of West Group B, but still have a tough road ahead with games against the Oklahoma City Thunder and Phoenix Suns, although the Utah Jazz should be a layup if all checks out.
Anthony Davis is the second-leading scorer in all of basketball, while LeBron James just put together a triple-double streak the likes of which we've never seen before by someone of his age and tenure. Considering the Lakers are the reigning Cup winners, it would be silly to rule them out in this setting.
2024 NBA Cup Most Valuable Player Odds
| Player | Team | Odds |
|---|---|---|
| Shai Gilgeous-Alexander | Oklahoma City Thunder | +800 |
| Stephen Curry | Golden State Warriors | +800 |
| Jalen Brunson | New York Knicks | +1000 |
| Anthony Edwards | Minnesota Timberwolves | +1000 |
| Donovan Mitchell | Cleveland Cavaliers | +1300 |
| Jayson Tatum | Boston Celtics | +1400 |
| Karl-Anthony Towns | New York Knicks | +1400 |
| Franz Wagner | Orlando Magic | +1900 |
| Giannis Antetokounmpo | Milwaukee Bucks | +2000 |
| Luka Doncic | Dallas Mavericks | +2200 |
Odds as of November 18, 2024 at FanDuel
2024 NBA Cup Group Stage Winner Odds
The following odds reflect which teams are favored to emerge as their respective group winners, and do not indicate potential "Wild Card" teams.
Western Conference Group A
| Team | Odds |
|---|---|
| Minnesota Timberwolves | -120 |
| Houston Rockets | +200 |
| Portland Trail Blazers | +800 |
| Sacramento Kings | +1000 |
| Los Angeles Clippers | +1400 |
Odds as of November 18, 2024 at FanDuel
Western Conference Group B
| Team | Odds |
|---|---|
| Oklahoma City Thunder | -155 |
| Los Angeles Lakers | +165 |
| Phoenix Suns | +800 |
| San Antonio Spurs | +4500 |
| Utah Jazz | +5000 |
Odds as of November 18, 2024 at FanDuel
Western Conference Group C
| Team | Odds |
|---|---|
| Golden State Warriors | -280 |
| Denver Nuggets | +450 |
| New Orleans Pelicans | +1000 |
| Dallas Mavericks | +1200 |
| Memphis Grizzlies | +3400 |
Odds as of November 18, 2024 at FanDuel
Eastern Conference Group A
| Team | Odds |
|---|---|
| New York Knicks | -340 |
| Orlando Magic | +250 |
| Charlotte Hornets | +3900 |
| Philadelphia 76ers | +5000 |
| Brooklyn Nets | +5000 |
Odds as of November 18, 2024 at FanDuel
Eastern Conference Group B
| Team | Odds |
|---|---|
| Detroit Pistons | +125 |
| Milwaukee Bucks | +185 |
| Miami Heat | +360 |
| Indiana Pacers | +750 |
| Toronto Raptors | +5000 |
Odds as of November 18, 2024 at FanDuel
Eastern Conference Group C
| Team | Odds |
|---|---|
| Cleveland Cavaliers | +110 |
| Atlanta Hawks | +160 |
| Boston Celtics | +330 |
| Chicago Bulls | +3000 |
| Washington Wizards | +5000 |
Odds as of November 18, 2024 at FanDuel
How does the NBA In-Season Tournament work?
All 30 teams were split into six equal groups — three from the East and three from the West.
Following four group games for each team, eight of the 30 teams advanced to the knockout rounds. The round-robin format now transitions over into a single-elimination tournament with the top seeds battling the lower "wild-card" teams. The knockout-round slate will begin with the quarterfinals played in team markets on Dec. 10 and 11, followed by the semifinals and finals played in Las Vegas on Dec. 14 and Dec. 17, respectively.
All 67 games across both stages of the in-season tournament will count toward the regular-season standings sans the championship game.
What is the prize for winning the NBA in-season tournament?
Players on the champion team will each receive $500,000; runners-up will get $200,000. The players on the two losing teams in the semifinals will each get $100,000, and the players on the four losing teams in the quarterfinals will each get $50,000.
The NBA will also name the Most Valuable Player of the competition and the All-Tournament Team. Selection will be based on the players’ performance in group play and the knockout rounds.
