Currently listed at +166700 to win the NBA Championship, the New Orleans Pelicans are a deep sleeper in the futures market with a 0.1% implied chance.
After opening at +4600, the New Orleans Pelicans have drifted to +166700, a 97.2% decline in implied probability. The market's confidence has cooled since the season began.
The New Orleans Pelicans have been inconsistent lately, going 4-6 in their last 10 games, and the market reflects that uncertainty at +166700.
Bettors shopping for the best New Orleans Pelicans price should look at FanDuel, currently offering +500000 — significantly better than BetMGM at +100000. That's a meaningful gap worth capturing.
This season, the New Orleans Pelicans reached their peak market valuation at +4410 on Oct 29 and touched their lowest point at +70600 on Apr 29.
This New Orleans Pelicans odds tracker is your single source for 2023-24 nba championship futures odds. The chart above shows the full odds history — how New Orleans Pelicans title odds have moved day by day — giving you a complete picture of the market's view on their championship chances.