Washington Wizards Odds, Betting Lines, Spreads and Futures for 2026-27 Season
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.
- Moneyline: Washington (-225) / Milwaukee (+185)
- Spread: Washington -6.5 (-115) / Milwaukee +6.5 (-105)
- Over/Under: Over 241.5 Points (-110) / Under 241.5 Points (-110)
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:
- Washington Wizards odds to win the NBA title: +15000
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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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 Wizards playoff odds: +285
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.
- Washington Wizards Win Total: Over 35.5 wins (+100)
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:
- Miami Heat: +145
- Orlando Magic: +265
- Atlanta Hawks: +285
- Charlotte Hornets: +850
- Washington Wizards: +1500
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.
- Washington Wizards odds to win the NBA Cup: +8000
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:
- Anthony Davis to record more or less than 11.5 rebounds in a game
- Trae Young to record more or less than 9.5 assists in a game
- Tre Johnson to score more or less than 12.5 points in a game
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.