In the race for the NBA Championship, the Chicago Bulls (+166700) and Miami Heat (+27300) are separated by a razor-thin margin. The implied probabilities — 0.1% and 0.4% respectively — tell the story of how the market views these two contenders.
Since the start of the 2025-26 season, the Chicago Bulls have shortened from +183000 to +166700, while the Miami Heat have drifted from +14700 to +27300.
The market currently gives the Miami Heat the edge at +27300, while the Chicago Bulls sit at +166700. Both teams' full odds history across all tracked sportsbooks is charted above.