Wizards NBA Odds: Latest Betting on Playoffs, Championship & Futures
It’s been a frustrating handful of seasons for the Washington Wizards and their fan base, but they were far from completely out of playoff contention in 2022-23. Given the trades the team has also been involved in, the Wizards playoff odds for 2023-24 are certainly one of the most interesting betting markets available.
In fact, the Wizards betting odds in general are quite interesting, even if they are quite long in many markets, like the Wizards odds to win the championship and Wizards odds to make the playoffs. This article will break down those betting markets and much more, all while providing you with the best NBA betting sites and their sign-up bonuses.
🏀 Washington Wizards Odds: Futures Markets
The Wizards championship odds and each of the betting markets we have for you coming up have odds provided by the best NBA betting apps.
🏀 Washington Wizards Odds to Win the NBA Championship (+100000 at DraftKings)
There has to be one team with the absolute longest odds to win the NBA Finals, and in 2023-24, that would be Washington. The Wizards title odds come in at +100000 at DraftKings Sportsbook, which are the longest, and the Detroit Pistons are the next-closest team at +60000 odds.
There are quite a few teams with five-figure odds, so differentiating between them is closer than the numbers may appear. As for the favorites, that would be the Milwaukee Bucks and Boston Celtics, who both have +400 odds to be crowned champions.
🏀 Washington Wizards Eastern Conference Winner Odds
Given the Wizards odds to win the championship are the longest in the entire league, the same is true for Washington’s odds to win the Eastern Conference. In that respect, they have a +25000 price at FanDuel, so it’s at least half of the Wizards championship odds. It’s the Pistons yet again as the next-closest team at +30000 odds and also the Bucks and Celtics atop the list at +180 odds.
🏀 Washington Wizards Southeast Division Winner Odds
To keep the theme of the Wizards championship odds and conference odds, Washington’s +7500 odds at Caesars Sportsbook to win the Southeast Division are the longest. It looks set to be the Miami Heat taking control of the division as a -170 favorite, and the Charlotte Hornets are the team just ahead of Washington with +3000 odds.
🏀 Washington Wizards Odds to Make the Playoffs
With the Wizards odds to win the championship, conference and division so long, it’s no surprise that the Wizards playoff odds for 2023-24 have a significant plus-money price.
The “Yes” for this market is listed with +1100 odds at DraftKings, while the “No” has -2500 odds. It’s worth noting that Washington finished just five games out of a play-in tournament bid in 2022-23.
🏀 Washington Wizards Season Win Totals Odds: Over/Under Market
Rather than focusing on markets like the Wizards title odds and Wizards odds to make the playoffs that have such polarizing prices, we can instead focus on their win total. DraftKings has set that at just 24.5 wins with -110 odds to both the over and under. A 25-win season would be 10 fewer than last year, so regression is expected. If Washington defies the oddsmakers’ expectations and make the playoffs, the Wizards odds to win a series will be another market many will be interested in.
⛹🏼♂️ Washington Wizards Player Prop Bet Odds
We may not have Wizards odds to win a series available, but there are certainly individual award futures available, so let’s see where we can find Wizards betting odds in that department.
Kyle Kuzma Regular Season MVP Odds (+12500 at BetMGM)
As yet another longshot, Washington indeed has a player with available MVP odds. That would be Kyle Kuzma, who comes with +12500 at BetMGM. However, unlike the Wizards odds to win the championship, they aren’t the absolute longest. There are a handful of players at +20000 and +25000 as well.
The former Los Angeles Laker averaged over 21 points per game in 2022-23, but he’ll likely need to lead Washington to a postseason appearance at the very least for these Wizards betting odds to bear fruit.
Jordan Poole Most Improved Player Odds (+1400 at FanDuel)
To break the mold of the Wizards playoff odds for 2023-24 and other longshot options is Jordan Poole. With +1400 odds at FanDuel, he has the third-shortest odds to be the Most Improved player, behind only Mikal Bridges (+800) and Tyrese Maxey (+1000).
It certainly makes sense, as he was given a significant contract by the Golden State Warriors based on what they saw in him. However, the trade carousel has him now in Washington, and an opportunity to be a true leader.
Wes Unseld Jr. Coach of the Year Odds (+6000 at DraftKings)
Given the lack of Wizards betting odds in other player awards, we’re forced to yet again go back to the trend of the longest odds on the board. That would be with head coach Wes Unseld Jr., whose +6000 odds to win Coach of the Year at DraftKings are the longest.
Just ahead of him is former player Chauncey Billups, and given the low expectations for Washington, it makes sense. However, if he’s able to defy those expectations, these odds will shorten quickly.
💻 Best Washington Wizards Betting Sites
It wouldn’t do much good if we shared things like Wizards title odds but did not provide you with the best NBA sportsbooks to bet on them with. So, each of the banners you see below are what our experts consider to be the best options for you to enjoy the Wizards betting odds.
As you can also see, each one provides a generous and unique sign-up bonus, which will be activated as long as you use our banners to create a new account. Along with the ability to claim several welcome boosts, it’s also important to join multiple sportsbooks to ensure you’re always able to get the best price on anything you’re looking to bet on.
With that in mind, just click on the interactive widgets below to get your sports betting journey started at each sportsbook.
🧙 How to Bet on the Washington Wizards
Now that you’re armed with an abundance of Wizards odds and the best NBA betting sites, let’s break down exactly how betting on the Wizards works.
- Use our banners to register a new account at each sportsbook
- Deposit funds that will ensure you are eligible for each welcome offer
- Browse the vast array of sports and betting markets at your disposal
- Once you find a selection you want to make, click on the odds to add it to your bet slip
- On your bet slip, enter a wager amount to qualify for each promo and submit your bet
🧙 Betting on the Washington Wizards in DC
The Wizards being located in the nation’s capital is a beautiful thing for several reasons, one of which is the fact that online sports betting is 100% legal and legit. It launched in DC in May of 2020, so there have already been a few years to ensure that the platforms we’ve shared with you are safe and secure.
🤓 How to Read Washington Wizards Betting Odds & Calculate Winnings
Not only do we have the top NBA betting sites for you to take advantage of any Wizards betting odds, but we’ve also broken down how to read odds and calculate your winnings. We have the standard markets for Washington’s first game coming up, so let’s use those as examples.
Point spread: Washington Wizards +7.5 (-110) vs. Indiana Pacers -7.5 (-110)
This is generally how you will see a point spread listed. In this case, the Wizards are the underdog, and the Pacers are the favorite, which is based on the plus (+) and minus (-) signs. The odds next to them indicate the wager amount needed to profit $100.
For this example, a $110 bet on Washington profits $100 as long as they lose by seven points or fewer or win the game, while a $110 bet on Indiana profits $100 as long as they win by at least eight points.
Money line: Washington Wizards (+260) vs. Indiana Pacers (-325)
Money line bets are much more straightforward. The number following the plus (+) sign is how much you will profit with a $100 bet. So, a $100 wager on the Wizards profits $260 if they win the game. The number following the minus (-) sign is how much you’ll need to wager to profit $100. So, a $325 bet on the Pacers profits $100 as long as they win the game.
Total (over/under): Over 220.5 (-110) vs. Under 220.5 (-110)
We had to use placeholder numbers for now, but this process is very similar to point spreads. A $110 bet on the over profits $100 as long as there are 221 or more points scored. Conversely, a $110 bet on the under profits $100 as long as the game ends with 220 or fewer points.
🗓️ Washington Wizards Schedule & Lines for 2023-24
The Wizards first game of the season is Wednesday, October 25 at 7 PM ET in Indiana against the Pacers, but their entire schedule can be found on NBA.com.
📈 Washington Wizards Last Year Betting Statistics: 2022-23 Season
Regular Season Record
- At Home: 19-22
- On the Road: 16-25
- Overall: 35-47
Over/Under Season Record
- At Home: 24-16-1
- On the Road: 18-23
- Overall: 42-39-1
Against the Spread Season Record
- At Home: 18-22-1
- On the Road: 19-20-2
- Overall: 37-42-3
📖 Washington Wizards Historical Betting Records
| Regular Season Record | Over/Under Season Record | Against the Spread (ATS) Season Record | |
|---|---|---|---|
2022-23 | 35-47 | 42-39-1 | 37-42-3 |
2021-22 | 35-47 | 44-37-1 | 32-48-2 |
2020-21 | 34-48 | 35-37 | 41-30-1 |
2019-20 | 25-47 | 41-31 | 35-36-1 |
2018-19 | 32-50 | 50-32 | 38-43-1 |
2017-18 | 43-39 | 37-43-2 | 37-44-1 |
2016-17 | 49-33 | 51-31 | 40-38-1 |
2015-16 | 41-41 | 45-36-1 | 43-39 |
Other Teams in the NBA
We mentioned a handful of teams in the NBA ahead of Washington in various markets, and here is a visual representation of the league.
Eastern Conference
- Atlantic: Boston Celtics, Brooklyn Nets, New York Knicks, Philadelphia 76ers and Toronto Raptors
- Central: Chicago Bulls, Cleveland Cavaliers, Detroit Pistons, Indiana Pacers and Milwaukee Bucks
- Southeast: Atlanta Hawks, Charlotte Hornets, Miami Heat, Orlando Magic and Washington Wizards
Western Conference
- Northwest: Denver Nuggets, Minnesota Timberwolves, Oklahoma City Thunder, Portland Trail Blazers and Utah Jazz
- Pacific: Golden State Warriors, Los Angeles Clippers, Los Angeles Lakers, Phoenix Suns and Sacramento Kings
- Southwest: Dallas Mavericks, Houston Rockets, Memphis Grizzlies, New Orleans Pelicans and San Antonio Spurs
FAQs
❓ What Factors Can Influence Washington Wizards Odds?
Influences such as injuries, trades, team performance, strength of opposition and location can also cause the Wizards odds to vary.
❓ Do Washington Wizards Odds Change Throughout the Season?
Yes, and you should expect that to be the case due to the factors above, among others.
❓ What Trends & Statistics Should I Consider When Analyzing Washington Wizards Odds?
Depending on the betting market, consider how Washington has done against an opponent, whether they are on the road or at home and how their best and worst skills match up with the opposition’s best and worst skills.
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