2025 NBA Playoff Odds: Updated Odds for Every Play-In and First-Round Series on April 23

The NBA postseason has returned! Get up-to-the-second odds for every NBA Playoff series as the league's top teams contend for the Larry O'Brien Trophy.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Apr 23, 2025 • 09:00 ET • 4 min read
The OKC Thunder are the heaviest NBA Playoff odds favorites to win a first round series.
Photo By - Imagn Images. Oklahoma City Thunder guard Shai Gilgeous-Alexander (2) moves the ball against Memphis Grizzlies guard Ja Morant (12) in the fourth quarter during game two of first round for the 2024 NBA Playoffs at Paycom Center.

As the first round continues through this week, NBA Playoff teams are showing who they are. From now until the confetti flies in the NBA Finals, we're bringing you  NBA Playoff odds for every round of the playoffs, complete with NBA Finals odds as teams compete to contend for the Larry O'Brien Trophy!

Let's take a closer look at the NBA playoff odds for the play-in and Round 1 series before you make your NBA picks.

Live NBA Round 1 playoff odds

Below are the live NBA playoff odds for the upcoming first-round games. We show you the best odds for each market live from legal NBA betting sites in your area.

NBA Playoffs series odds

Will a play-in team make a run for the conference or will the favorites hold sway for three rounds? We've got odds for each team to win their first-round series:

Odds at a glance:

  • Milwaukee Bucks vs Indiana Pacers Series: Pacers -525
  • Los Angeles Clippers vs Denver Nuggets Series: Clippers -185
  • Detroit Pistons vs New York Knicks Series: Knicks -220
  • Minnesota Timberwolves vs Los Angeles Lakers: Lakers -115
  • Golden State Warriors vs Houston Rockets: Warriors -370
  • Orlando Magic vs Boston Celtics: Celtics -10000
  • Miami Heat vs Cleveland Cavaliers: Cavs -8000
  • Memphis Grizzlies vs Oklahoma City Thunder: Thunder -50000

Odds courtesy of bet365.

Bucks (0) vs Pacers (2) odds

Result FanDuel DraftKings bet365
Bucks Bucks to win series +400 +350 +390
Pacers Pacers to win series -520 -450 -525

Pistons(1) vs Knicks (1) odds

Result FanDuel DraftKings bet365
Pistons Pistons to win series +188 +205 +180
Knicks Knicks to win series -225 -250 -220

Heat (0) vs Cavaliers (1) odds

Result FanDuel DraftKings bet365
Heat Heat to win series +2200 +1500 +1800
Cavaliers Cavss to win series -8000 -4000 -8000

Magic (0) vs Celtics (1) odds

Result FanDuel DraftKings bet365
Magic Magic to win series +2200 +2000 +2500
Celtics Celtics to win series -8000 -6000 -10000

Clippers (1) vs Nuggets (1) odds

Result FanDuel DraftKings bet365
Clippers Clippers to win series -180 -180 -185
Nuggets Nuggets to win series +152 +150 +155

Timberwolves (1) vs Lakers (1) odds

Result FanDuel DraftKings bet365
Timberwolves Timberwolves to win series -108 -105 -105
Lakers Lakers to win series -108 -115 -115

Warriors (1) vs Rockets (0) odds

Result FanDuel DraftKings bet365
Warriors Warriors to win series -340 -380 -370
Rockets Rockets to win series +275 +300 +290

Grizzlies (0) vs Thunder (2) odds

Result FanDuel DraftKings bet365
Grizzlies Grizzlies to win series +6500 +4000 +4000
Thunder Thunder to win series -50000 -20000 -50000

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Peter Clarke - Covers
Senior Editor

Peter Clarke has been in the digital media business for 14 years after obtaining his journalism degree from the University of King's College in Halifax, N.S. He learned his trade during his time at The Chronicle Herald and Saltwire Network, where he spent nearly a decade editing and making digital content.

These days, Peter is all about keeping bettors in the loop about the biggest sports betting events, like the Super Bowl and March Madness. He's also always on top of the latest promo offers from the biggest sportsbooks so he can share the best deals straight with you.

One of his favorite ways to bet is using the Covers' player prop projections. He firmly believes you can find a lot of value in the four and five-star projections every day of the year with just a little attention to the totals and lines. For those of you new to the betting scene, he’s got some solid advice: "Start small. Pick a unit size that feels right for you and grow your bankroll over time."

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