2025 WNBA Championship Odds: Aces Get a Gem in Jewell Loyd

The New York Liberty secured their first WNBA championship over the Minnesota Lynx in a dramatic five-game WNBA Finals that featured two overtime games.

While New York is favored to go back-to-back, the Las Vegas Aces have made things interesting following a major offseason splash where they acquired six-time All-Star Jewell Loyd.

Let's take a look at the latest WNBA odds to win the 2025 title.

2025 WNBA championship odds

WNBA championship favorites

New York Liberty (+175 to +200)

The New York Liberty went all-in back in 2023 when they lured Breanna Stewart, Jonquel Jones, and Courtney Vandersloot to put alongside Sabrina Ionescu, and while they were unable to dethrone the Las Vegas Aces that year, it all came together in 2024.

The Liberty knocked the Aces out in the semifinals before vanquishing a stubborn Minnesota Lynx squad in the finals. With the team's core expected to remain intact for at least one more year, it makes sense that the Liberty would open as favorites to repeat.

Las Vegas Aces (+230 to +250)

Despite A'ja Wilson playing out of her mind for the vast majority of the season, the Las Vegas Aces took a step backward in 2024 as they entered the playoffs as the No. 4 seed. They drew the Liberty in the semis and were knocked out in four games. 

The Aces decided to shake things up by trading Kelsey Plum to the Los Angeles Sparks in a three-team deal that brings six-time All-Star Jewell Loyd to Vegas from the Seattle Storm. The Aces were trading at +350 after the playoffs wrapped and have now jumped to +250 at most books following the blockbuster trade. 

Minnesota Lynx (+330 to +350)

The whole proved to be greater than the sum of the parts for the 2024 Minnesota Lynx as Courtney Williams, Alanna Smith, and Bridget Carleton had the best seasons of their respective careers while Lynx veterans Napheesa Collier and Kayla McBride also shined.

The Lynx don't have any significant departures to worry about in free agency, but will they be content to simply run it back or will they go for the jugular?

Indiana Fever (+850 to +900)

The sky's the limit for the Indiana Fever and Year 2 of the Caitlin Clark experience. They've taken over the fourth spot in the odds from the Connecticut Sun in the months since the season ended.

Caitlin Clark WNBA Finals odds

Caitlin Clark's Indiana Fever are as low as +800 to win the 2025 WNBA championship. The Fever squeaked into the 2024 WNBA playoffs after finishing third in the East with a 20-20 record and were swept in the first round by the Connecticut Sun. 

While the season was a step in the right direction for the Fever, who had missed the playoffs in seven straight years prior to Rookie of the Year Clark's arrival, they have a long way to go. 

Understanding WNBA championship odds

Sportsbooks will post odds for the WNBA Finals shortly after the previous season's conclusion. These odds are constantly adjusted throughout the offseason as players switch teams or are injured. Once the regular season begins (May), title odds will change daily as teams win and lose games and more roster changes occur. Sportsbooks will also adjust the WNBA odds based on handle and liability to certain teams.

WNBA Championship odds will usually look like this:

• New York Liberty +300

This means that on a $100 bet, you'll stand to profit $300 if the Liberty win the WNBA title. If it's close to the end of the season and the WNBA has a particularly dominant team, you might see a minus sign (-) ahead of its odds. 

• Las Vegas Aces -380

This means you have to bet $380 to win $100 on an Aces championship.

Above we have posted the American odds for the WNBA championship. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool. And don't forget to check out our WNBA forum if you're interested in chatting with other basketball bettors about WNBA odds. 

WNBA Championship odds trends

Here are some trends to keep in mind when betting on WNBA championship futures: 

• The No. 1 overall seed has gone on to win the title in eight of the past 10 seasons.
  
  
• The Houston Comets, Seattle Storm, and Minnesota Lynx are tied for most all-time WNBA Championships with four apiece.
  
  
• The Aces' 2023 win was the first time a team had repeated as WNBA champs since the Los Angeles Sparks in 2002.

Past WNBA Finals winners

Season	WNBA Finals winner	Runner up
2024	New York Liberty	Minnesota Lynx
2023	Las Vegas Aces	New York Liberty
2022	Las Vegas Aces	Connecticut Sun
2021	Chicago Sky	Phoenix Mercury
2020	Seattle Storm	Las Vegas Aces
2019	Washington Mystics	Connecticut Sun
2018	Seattle Storm	Minnesota Lynx
2017	Minnesota Lynx	Los Angeles Sparks
2016	Los Angeles Sparks	Minnesota Lynx
2015	Minnesota Lynx	Indiana Fever

Teams with the most WNBA Championships

Minnesota, Houston, and Seattle are tied atop the all-time WNBA Championship tally with four apiece, while three more teams follow closely with three each.

Despite their early dominance, the Comets folded during the 2008 recession and were disbanded when the league was unable to find new ownership. 

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WNBA Championship Odds FAQ

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