2025 NBA Playoffs: Thunder Lead as Favorites, Pacers Dominate Knicks in Conference Finals

The 2025 NBA playoffs are in full swing, with the conference finals underway. The Oklahoma City Thunder (-300) are now the odds-on title favorites at BetMGM, followed by the Indiana Pacers (+425), Minnesota Timberwolves (11-1), and New York Knicks (20-1). The Timberwolves responded with a resounding 143-101 win in Game 3, making the series 2-1 in favor of the Thunder.

In the East, the Knicks entered as -155 series favorites, only the second time in the past 50 years the franchise has been favored in a conference finals series. However, the Pacers won both games at Madison Square Garden to take a 2-0 series lead.

Public betting may waver during the NBA season due to injuries and load management, but the playoffs are a significant betting event. Thomas Gable, sportsbook director at the Borgata in Atlantic City, noted, “From a betting perspective, the handle is very good. The NBA suffers from the way they handle the day-to-day season with players resting, and I think a lot of the recreational players have phased out of the NBA because of that. But the playoffs are a totally different story.”

Updated series prices for the 2025 NBA playoffs from BetMGM:

Conference finals series prices:
No. 4 Indiana Pacers (-550) vs. No. 3 New York Knicks (+400) – Indiana leads 2-0
No. 6 Minnesota Timberwolves (+650) vs. No. 1 Oklahoma City Thunder (-100) – Oklahoma City leads 2-1

Round 2 series prices:
Eastern Conference:
No. 4 Indiana Pacers (-325) vs. No. 1 Cleveland Cavaliers (+260) – Indiana wins 4-1
No. 3 New York Knicks (-275) vs. No. 2 Boston Celtics (+225) – New York leads 3-2

Western Conference:
No. 4 Denver Nuggets (+240) vs. No. 1 Oklahoma City Thunder (-325) – Oklahoma City wins 4-3
No. 7 Golden State Warriors (+1600) vs. No. 6 Minnesota Timberwolves (-5000) – Minnesota wins 4-1

Round 1 series opening prices:
Eastern Conference:
No. 8 Miami Heat (12-1) vs. No. 1 Cleveland Cavaliers (-2500) – Cleveland wins 4-0
No. 7 Orlando Magic (16-1) vs. No. 2 Boston Celtics (-5000) – Boston wins 4-1
No. 6 Detroit Pistons (+325) vs. No. 3 New York Knicks (-425) – New York wins 4-2
No. 5 Milwaukee Bucks (+165) vs. No. 4 Indiana Pacers (-200) – Indiana wins 4-1

Western Conference:
No. 8 Memphis Grizzlies (10-1) vs. No. 1 Oklahoma City Thunder (-2000) – Oklahoma City wins 4-0
No. 7 Golden State Warriors (-165) vs. No. 2 Houston Rockets (+140) – Golden State wins 4-3
No. 6 Minnesota Timberwolves (+165) vs. No. 3 Los Angeles Lakers (-200) – Minnesota wins 4-1
No. 5 Los Angeles Clippers (-115) vs. No. 4 Denver Nuggets (-105) – Denver wins 4-3