In the race for the NBA Championship, the Memphis Grizzlies (+100000) and Charlotte Hornets (+10200) are separated by a razor-thin margin. The implied probabilities — 0.1% and 1.0% respectively — tell the story of how the market views these two contenders.
Since the start of the 2022-23 season, the Memphis Grizzlies have drifted from +1000 to +100000, while the Charlotte Hornets have shortened from +75000 to +10200.
The market currently gives the Charlotte Hornets the edge at +10200, while the Memphis Grizzlies sit at +100000. Both teams' full odds history across all tracked sportsbooks is charted above.