NBA 3-Point Contest Odds, Rules, Picks, and Predictions: All Hail Hield

The stars are set to shine brightly on Saturday night when the NBA hosts its annual 3-Point Contest. See the latest odds and picks as the league's best shooters converge on Salt Lake City.

Ryan Murphy - Managing Editor at Covers.com
Ryan Murphy • Managing Editor
Feb 18, 2023 • 08:40 ET • 4 min read
Indiana Pacers shooting guard Buddy Hield
Photo By - USA TODAY Sports

The NBA's annual All-Star Weekend has become a true five-ring circus with a bevy of showy events meant to inspire awe. There's the Celebrity Game, the Skills Challenge, the Rising Stars competition and, of course, the Slam Dunk Contest, where players regularly defy the laws of physics. However, the one event that consistently outshines them all is the 3-Point Contest, where the world's best shooters showcase their incredible accuracy and endurance.

This year should be no different as some of the NBA's top marksmen go up against the clock and each other. The dazzling eight-man field includes a former champ, a member of the NBA's 75th Anniversary Team, and a hometown hero who's sure to bring the crowd to its feet.

Check out the latest odds and rules for this year's event along with our best bet for who will be the last man standing.

NBA 3-Point Contest odds

Player Team 3P% Odds
Damian Lillard Trail Blazers Portland Trail Blazers 37.2% +370
Buddy Hield Pacers Indiana Pacers 42.3% +410
Kevin Huerter Kings Sacramento Kings 39.2% +460
Tyler Herro Heat Miami Heat  36.9% +600
Lauri Markkanen Jazz Utah Jazz 41.2% +700
Jayson Tatum Celtics Boston Celtics 35.7% +800
Tyrese Haliburton Pacers Indiana Pacers 39.9% +1,000
Julius Randle Trail Blazers New York Knicks 33.8% +1,200

Odds courtesy of FanDuel Sportsbook, February 18, 2023.

NBA 3-Point Contest rules

The 3-Point Contest has gotten increasingly complicated over the years with new modifications added almost annually. Familiarize yourself with the latest rules before wagering on the event.

  • Players are given 70 seconds to shoot 27 balls from five locations around the arc.
  • Four of the five racks contain four NBA game balls and one tri-colored "moneyball." The fifth rack contains five tri-colored moneyballs. Players choose in advance where they would like to have the moneyball rack positioned.
  • Regular game balls are worth one point and moneyballs are worth two points.
  • There are two additional "Starry Range" ball pedestals located between racks 2 and 3. These balls are worth three points each.
  • The order of the competition is determined by a random draw.

NBA 3-Point Contest favorites

Damian Lillard (+370)

Few players in NBA history have been more deadly from 23 feet and beyond than Damian Lillard. The seven-time All-Star ranks sixth in career 3-pointers made and is third among all active players behind only Steph Curry and James Harden. Neither of those gunners will be chucking up shots on Saturday, thereby giving Dame a clear path to padding his already impressive resume.

The former Rookie of the Year has participated in the 3-Point Contest twice in his career and is as hungry as ever to take home the crown 11 years into his Hall of Fame career.

Buddy Hield (+410)

There are green lights and then there's the hue that Buddy Hield sees every time he touches the ball. No one has attempted - or made - more 3-pointers this season than the 30-year-old sniper, who is canning 3.8 treys per game for the surprisingly relevant Indiana Pacers. 

Kevin Huerter (+460)

It's amazing what a difference a change of scenery can make. Kevin Huerter went from being a fifth option on the Hawks to being a walking bucket with the Kings. The 24-year-old Albany native is scoring 14.9 points per game for Sacramento, and he's doing it effficently, posting career-best marks in field goal percentage (47.8%), 2-point percentage (60.3%), and 3-point percentage (39.2% ). Huerter has made five treys or more in a game five times this season, and is the kind of pure shooter that excels in this competition.

NBA 3-Point Contest pick

When I handicap the 3-Point Contest I look for a player who takes a high-volume of threes, hits a high percentage of those shots, and has participated in previous shootouts. Buddy Hield checks all of those boxes with a big, bold indelible marker. Not only does he lead the league in 3-pointers made, but he's shooting well above his career average from deep and he won this contest in 2020 as a member of Sacramento Kings.

Hield understands better than most the demands of this unique competition and has the skills, experience, and endurance to come out on top again. Fade him at your own peril.

Past 3-Point Contest Winners

Year Team
2022 Timberwolves Karl-Anthony Towns
2021 Warriors Steph Curry
2020 Kings Buddy Hield
2019 Browns Joe Harris
2018 Suns Devin Booker
2017 Rockets Eric Gordon
2016 Warriors Klay Thompson
2015 Warriors Steph Curry
2014 Spurs Marco Belinelli
2013 Cavs Kyrie Irving

The 3-Point Contest's biggest longshot was also its biggest winner last season. KAT shocked viewers in 2022 by scoring 29 points in the final round to top noted marksman Luke Kennard. It was a shocking turn of events considering the larger-than-life pivot entered the event with +1,200 odds.

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Players who have won multiple 3-Point Contests

Player Years
Larry Bird 1986, 1987, 1988
Craig Hodges 1990, 1991, 1992
Peja Stojakovic 2002, 2003
Jeff Hornacek 1998, 2000
Mark Price 1993,1994
Jason Kapono 2007, 2008
Steph Curry 2015, 2021

Larry Bird added to his legacy by winning the first three 3-Point Contests from 1986 to 1988 before retiring from the event with nothing left to prove. A master of the mental arts, the "Hick from French Lick" famously psyched out his opponents in his final 3-point shootout by walking into the locker room and causally asking, "Who's coming in second?" The answer, as it turns out, was Seattle's Dale Ellis, who could only watch in awe as Bird cooly eliminated him in the final round while still wearing his warmup jacket.

3-Point Contest trends

  • Dirk Nowitzki (2006) and Karl-Anthony Towns (2022) are the only 7-footers to win the contest.
  • No one has won the contest in back-to-back years since 2008.
  • No one has won the contest on their own home court.

Pages related to this topic

Ryan Murphy Managing Editor at Covers
Managing Editor

Ryan Murphy began his love affair with sports journalism at the age of nine when he wrote his first article about his little league baseball team. He has since authored his own weekly column for Fox Sports and AskMen and has created successful campaigns for some of the biggest and most trusted brands in the world including Walt Disney, HBO, the WWE, the NHL, and the NFL.

“Murph,” as he’s known to friends, began his journey in sports betting in 2017, and enjoyed a highly rewarding tenure at Churchill Downs, where he oversaw the creation of the TwinSpires Edge and served as the publication’s first editor-in-chief. His nose for news and ability to find and nurture talent helped turn the site into a major player within the online gambling industry.

Although Ryan loves examining odds movement and breaking down matchups, he’s also a prolific creative writer whose critically acclaimed stories have been published in 21 books and have been featured on more than 170 radio stations and 40 newspapers. His latest book, My Life’s a Joke, is a laugh-out-loud memoir about the epic fails that thickened his skin and paved the way for a successful 15-year career as a touring stand-up comedian.

Ryan’s top piece of advice to sports bettors: “Bet with your head, not your heart. It pains me to be pragmatic, but blind loyalty has no place in sports wagering.”

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