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Washington Wizards Odds, Betting Lines, Spreads and Futures for 2026-27 Season

Written By Nick Crain | Fact Checked by: Carson Mundy | Last Updated at October 20, 2026

The current Washington Wizards' odds are better than you might think. That’s because the recent additions of Anthony Davis and Trae Young bolster a roster that otherwise lacks reliable two-way players.

It’s never fun when your team is in the gutter. Wizards fans have suffered enough in recent years, but offseason roster changes could prove beneficial, if not effective, for a team without a winning season since 2017-18.

Washington Wizards Next Game Odds

The Washington Wizards' next-game odds are out, and you can now place your bets. Washington will play Milwaukee to begin the season, with bookies such as DraftKings and FanDuel favoring the Wizards.

The NBA odds here are a little deceiving. Even with Davis and Young joining the team, Washington is still a major unknown entering the season. A roster that looks very different from 2025-26 will take time to establish an identity.

Washington Wizards NBA Championship Odds

Preseason Washington Wizards championship odds suggest this team has work to do. Even with all the roster changes, the Wizards have to prove they can compete in 2026. Here’s what DraftKings is telling us about Washington:

Nothing really surprises us here about this year’s Washington Wizards odds to win the NBA championship. The team has won only one NBA title, back in 1978, when they were known as the Washington Bullets. In 1979, the very next season, Washington would reach the NBA Finals again, but lost to Seattle.

If the NBA championship odds indicate anything, it’s that recency bias determines everything. Washington hasn't been relevant in a long time, and oddsmakers aren’t buying into the hype this season.

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Washington Wizards Odds to Make Playoffs

Fans can rejoice because the Washington Wizards playoff odds are generally much more favorable. But BetMGM shows little confidence in the team, offering long odds on a potential postseason berth.

Washington hasn’t been in the postseason since 2021, when they finished eighth in the Eastern Conference. And since 1997, the Wizards have made the playoffs only nine times, which is pretty abysmal.

Even the NBA MVP odds have us feeling uninspired about Washington as a potential playoff team. Anthony Davis is the only player on the roster with remotely favorable odds at +40,000.

Washington Wizards Win Totals

The Washington Wizards Finals odds make it clear that a championship is out of reach. But Washington's projected win total in 2026-27 isn’t nearly as bleak. BetMGM projects them at roughly 35 wins, which we think is a little too optimistic.

Anthony Davis and Trae Young are two great players with a proven track record. They’ll elevate Washington’s roster significantly, but other contributors still lack top-end production. Plus, having won just 17 games last season, 35 would require them to double their output.

Washington Wizards Odds to Win Division

Don’t expect this team to emerge as a Southeast Division champion either. Preseason Washington Wizards division odds also peg them as a long shot. This doesn’t surprise us, though, because Washington hasn’t won the division since 2016-17.

Here are the Southeast Division Winner odds via DraftKings:

A 10-year drought as a division winner inspires no confidence in us whatsoever. Even more outrageous, Washington has finished first in its division only twice since 1978. That’s multiple decades of inconsistency.

And at +1500, bookies are pretty much discouraging bettors from taking the bait.

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Washington Wizards NBA Cup Odds

The preseason Washington Wizards odds also cover the NBA Cup. This mid-season tournament crowns the best team halfway through the year. The tournament involves two different phases: group play and the knockout stage.

Last season, Washington posted an abysmal 1-3 record in the NBA Cup group stage. Their only Cup victory was against Atlanta, which snapped a 14-game losing streak at the time.

More Washington Wizards Betting Markets

Now it’s time to switch gears and focus on in-season betting markets. As the season gets underway, you’ll be able to bet on moneylines, point totals, and over/unders in every NBA matchup. That means plenty of action.

But remember, futures also cover NBA Rookie of the Year odds, Defensive Player of the Year odds, and many other markets. These opportunities offer the best overall profitability.

Washington Wizards Moneylines

The most prominent Washington Wizards regular-season odds are moneylines. These bets require you to predict the winners and losers of head-to-head NBA matchups.

In Washington’s season opener against Milwaukee, the Wizards are betting favorites at -225 odds. This means you’d have to bet $225 to win $100 on Washington to win. Of course, a Wizards loss would negate that.

Washington Wizards Point Spreads

With NBA spreads, you’re predicting the point differential between two teams. Your job is to decide whether a team will win or lose by a certain margin.

Bookies like DraftKings offer -115 odds on Washington covering the -6.5 spread. Let’s say that you pick Washington to cover and want to win $100. You’d have to bet $115, and Washington would have to win by more than 6.5 points.

This is also your chance to use sportsbook promos such as odd boosts to improve your payout. Point spreads are handicap bets that can limit your profitability.

Washington Wizards Totals (Over/Under)

The best NBA betting sites also allow you to bet on point totals. They involve the combined score of two teams. In Washington's matchup against Milwaukee, you need to predict whether they’ll combine for more or less than 241.5 points.

Picking the over at -110 odds and betting $110 will secure you a $100 profit. But to win, Washington and Milwaukee would have to combine for 242 or more points.

Washington Wizards Props

Prop bets offer you a nice alternative to moneylines, spreads, and over/unders. They don’t require you to predict the final score. Instead, you can profit by betting on stat projections involving individual players and teams.

Here are a few single-game player props to illustrate what we’re talking about:

Staying up to date on the latest NBA news can also help you when betting on player props. Injuries and player development matter a lot when projecting future performances.

Washington Wizards Prediction Markets

You can also make a trade involving the Washington Wizards and win some cash from it. This isn’t the same as sports betting: prediction markets on Kalshi and Polymarket let you buy and sell contracts on real events with definitive outcomes.

Here’s how it works: the market prices Washington beating Milwaukee (a ‘Yes’ contract) at $0.60 per share. This is a 60% probability. Let’s also say you purchase 100 shares, a $60 investment.

If Washington wins, you’ll win as well, for $40. Your profit margin for every contract you purchase here is $0.40 because that’s what you get when you subtract $0.60 from $1. Multiply $0.40 by 100 shares and presto — you’ll profit $40.

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Washington Wizards Odds FAQ

🔍 What are the Washington Wizards NBA championship odds?
Washington is a long shot to win an NBA title this season, with +15,000 odds at DraftKings. The implied probability here is just 0.7%, which isn’t surprising for a team that hasn’t won a championship since 1978.
🔄 Where can I bet on the Washington Wizards odds?
You can bet on the Wizards by signing up at sportsbooks such as BetMGM or FanDuel. Each operator offers ample NBA coverage, with competitive odds on moneylines, over/unders, and point totals.
🌟 Do the Washington Wizards have a chance to make the playoffs?
At +285 odds, bookies are telling you to steer clear and avoid picking the Wizards as a potential playoff team. And with only one postseason appearance in the past eight seasons, the market simply isn’t confident in this team.
🎰 What are the Washington Wizards moneyline odds?
The Washington moneyline for the season opener is -225. Bookies see the Wizards as a 69.2% favorite against Milwaukee, a team that just traded superstar Giannis Antetokounmpo to the Miami Heat.
🔍 How many games are the Washington Wizards expected to win this year?
Bookies project that the Wizards will win about 35 games this season. The expectation is that Washington will improve tremendously, more than doubling its win total from last season's 17 games.
🔄 How much would you win with a $100 NBA championship bet on the Washington Wizards?
Betting $100 on Washington to win an NBA championship this season would earn you a $15,000 profit. But the Wizards would really have to defy the odds to make it happen.