Bulls NBA Odds: Latest Betting on Playoffs, Championship & Futures

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Luke Lindholm | Oct 18, 2023

Bulls NBA Odds: Latest Betting on Playoffs, Championship & Futures /

The Chicago Bulls are a franchise with one of the most widespread fan bases in any sport mainly because of the Michael Jordan era. With so many national fans interested in their games, it’s no surprise that there is also a great interest in the Bulls betting odds.

Whether that’s the Bulls odds to win the championship, Bulls playoff odds or player futures, this article has everything you need to know. We’ve covered all types of Bulls odds, and to take advantage of them, we’ll also be sharing the best NBA betting sites where you can claim incredibly generous sign-up bonuses. So, sit back and enjoy everything from the Bulls odds of winning a series to the Bulls title odds.

🏀 Chicago Bulls Odds: Futures Markets

The Bulls odds in this article are from a few of the top Illinois sportsbooks, many of which offer some of the best NBA betting apps available.

🏀 Chicago Bulls Odds to Win the NBA Championship

It’s only fitting to get the team futures markets started with the Bulls championship odds, which are rather long at +20000 at DraftKings Sportsbook. This is the fourth-longest price in the NBA, just behind the Toronto Raptors and ahead of the Indiana Pacers.

However, we’ve seen teams like the Miami Heat barely sneak into the playoffs and still make the NBA Finals, so hope is far from lost. A $10 wager on the Bulls to win the NBA Championship (+20000 at DraftKings) profits $2,000 if they do.

🏀 Chicago Bulls Eastern Conference Winner Odds

Taking it down just one step from the Bulls title odds is their price to win the Eastern Conference, which is +7500 at FanDuel Sportsbook. For perspective, the Boston Celtics and Milwaukee Bucks are the favorites at +180 odds each. Of course, a healthy Lonzo Ball would certainly help Chicago prove oddsmakers wrong with this price.

A $10 wager on the Bulls to win the Eastern Conference (+7500 at FanDuel) profits $750 if they do.

🏀 Chicago Bulls Central Division Winner Odds

As you likely may have guessed, the next of the Bulls betting odds to check out is their division winner odds. Before we get into the Bulls playoff odds for 2023-24, can they win the Central? With the Bucks in the same division, it’s no surprise that Chicago is a +4000 underdog to do so. Milwaukee is the heaviest favorite of any division winner at -350 odds at PointsBet Sportsbook.

A $10 wager on the Bulls to win the Central Division (+4000 at PointsBet) profits $400 if they do.

🏀 Chicago Bulls Odds to Make the Playoffs

One of the Chicago betting odds markets that may be the best to target given the prices is the Bulls playoff odds in 2023-24. The “Yes” for them to do so is listed at +160 odds at Caesars Sportsbook, while the “No” comes with -200 odds. Those prices demonstrate that oddsmakers view them as just outside the pack and perhaps a play-in tournament team.

A $10 wager on the Bulls to make the playoffs (+160 at Caesars) profits $16 if they do.

🏀 Chicago Bulls Season Win Totals Odds: Over/Under Market

While we don’t have Bulls odds to win a series just yet, another way to attack their futures markets is with their win total. BetMGM Sportsbook currently has that set at 37.5 wins. That correlates perfectly to our potential play-in tournament prediction, and there are -110 odds on both the over and the under.

An $11 wager on the Bulls to win Over 37.5 games (-110 at BetMGM) profits $10 if they win 38+ games.

⛹🏼‍♂️ Chicago Bulls Player Prop Bet Odds

Now that we’ve gone through team futures like the Bulls championship odds and the Bulls odds to make the playoffs, let’s review some of the most popular player prop futures.

⛹🏼‍♂️ Zach LaVine Regular Season MVP Odds

The most coveted award in most major sports leagues is the MVP, so what better place to start? This is essentially the individual version of the Bulls title odds, and Zach LaVine has the shortest odds in terms of Chicago players, just ahead of DeMar DeRozan. However, they’re still rather long and carry a +8000 price at BetRivers Sportsbook, with the favorite being Nikola Jokic of the Denver Nuggets at +450 odds.

A $10 wager on Zach LaVine to win the MVP (+8000 at BetRivers) profits $800 if he captures the award.

We know that LaVine can put together the highlight reel to earn himself votes, as he’s a back-to-back Slam Dunk Contest winner. If he can have the top-10 plays and overall numbers and make the Bulls playoff odds for 2023-24 come to fruition, those MVP odds will become much shorter.

⛹🏼‍♂️ Coby White 6th Man of the Year Odds

If the Bulls odds to win the championship were too long for your liking and it also seems difficult to differentiate between LaVine and DeRozan, we have other player awards worth checking out. There are Bulls betting odds in the sixth man of the year market thanks to Coby White.

He’s listed at +5000 odds on PointsBet Sportsbook, which may seem long, but even the favorite - Malcolm Brogdon - has +800 odds. White is coming off a season in which he averaged just under 10 points a game in barely over 23 minutes per game.

A $10 wager on Coby White to win the 6th Man of the Year (+5000 at PointsBet) profits $500 if he captures the award.

⛹🏼‍♂️ Billy Donovan Coach of the Year Odds

Chicago’s head coach, Billy Donovan, made the transition from college to the NBA when he came to the Windy City in 2020. After leading the Florida Gators to a national championship title, it felt like only a matter of time. He currently has +5000 odds at FanDuel to win Coach of the Year, while Mark Daigneault leading the Oklahoma City Thunder is the favorite at +650 odds at DraftKings. Donovan currently has a .496 winning percentage leading the Bulls.

A $10 wager on Billy Donovan to win the Coach of the Year (+5000 at DraftKings) profits $500 if he captures the award.

💻 Best Chicago Bulls Betting Sites

Before we began outlining the Bulls odds to win the championship, conference and division and even the Bulls odds to make the playoffs, we said we had the best NBA betting sites for you. It’s finally time to dive into those and the welcome offers you can claim when you join through us.

The banners below will navigate you to the top sportsbooks in the nation that are also offering the best new-user promos on the market. Whether it’s guaranteed bonus bets or insurance on your first bet, you won’t want to miss out. So, be sure to claim each one today and browse everything from the Bulls playoff odds for 2023-24 to the player awards markets.

🐂 How to Bet on the Chicago Bulls

Now that you have the Bulls odds for a variety of markets and the best Illinois sportsbooks to take advantage of them, how can you bet on the Bulls? Here is a quick outline to help with that:

Get Started: Join each of the best NBA betting sites by utilizing the interactive widgets in this article.
Make a Deposit: Meet the individual requirements for each of the welcome offers available to you, generally either just $5 or $10.
Browse Betting Markets: Whether the Bulls championship odds or LaVine’s MVP odds caught your eye, check out everything available to you.
Place Your Bet: Click on the odds of the selection you want to make to add it to your bet slip, and based on the sign-up bonus you’re claiming, meet the wager amount requirements, generally as low as $5.

🐂 Betting on the Chicago Bulls in Chicago

Thankfully, wagering on the Bulls betting odds in Chicago is 100% legal and legit. Illinois launched online sports betting in May 2020, so they have several years under their belt to ensure it’s a safe and secure environment. With so many elite franchises in the Windy City, fans in the Prairie State can add so much excitement to every matchup.

🤓 How to Read Chicago Bulls Betting Odds & Calculate Winnings

After going through so many of the Bulls betting odds, you saw an abundance of different numbers and some plus (+) and minus (-) signs. If you’re not an experienced sports bettor just yet, we want to explain exactly what they mean and how to calculate your winnings based on those numbers and symbols.

Firstly, odds beginning with a plus (+) are considered an underdog when involved in a single event. For futures markets, the higher the number following that symbol, the more unlikely it is to occur. For example, a +2000 selection is less likely to occur than a +200 selection.

Those numerical values are based on a $100 bet. With plus-money plays, you get a more valuable payout, and here’s an example. On a selection with +200 odds, a $100 wager profits $200 if it’s successful. On the flip side, a selection with a minus (-) sign is a favorite and more likely to happen. Therefore, it requires a larger wager to return $100 in profit. For example, a -200 selection requires a $200 bet to profit $100.

Use these examples to take advantage of everything from the Bulls odds of winning a series when the playoffs roll around to the Bulls title odds.

🗓️ Chicago Bulls Schedule & Lines for 2023-24

The Bulls' first game of the season is Wednesday, October 25 at 8 PM ET against the Oklahoma City Thunder, but their entire schedule can be found on NBA.com.

📈 Chicago Bulls Last Year Betting Statistics: 2022-23 Season

Year	Regular Season Record	Against the Spread Record	Over/Under Record
2022-23	40-42	43-49	36-46

📖 Chicago Bulls Historical Betting Records

Year	Regular Season Record	Against the Spread Record	Over/Under Record
2022-23	40-42	43-49	36-46
2021-22	46-36	42-40	40-40-2
2020-21	40-32	37-34-1	33-39
2019-20	22-43	30-33-2	33-31-1
2018-19	22-60	36-44-2	39-42-1
2017-18	27-55	41-39-2	44-38
2016-17	41-41	42-39	33-49
2015-16	42-40	35-46-1	40-41-1

Other Teams in the NBA

Although we know you’re most concerned with the Bulls betting odds, we’ve also shared the rest of the teams in the NBA below. It never hurts to keep in mind the threats to a successful Chicago season, especially in the Eastern Conference and Central Division.

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 Chicago Bulls Odds?

The factors that influence the Bulls betting odds range from things such as injuries, trades, team performance, the strength of opposition and the location of games.

❓ Do Chicago Bulls Odds Change Throughout the Season?

Yes, absolutely. For example, the Bulls playoff odds in 2023-24 can vary significantly from now through the end of the season based on both their performance and the rest of the Eastern Conference.

❓ What Trends & Statistics Should I Consider When Analyzing Chicago Bulls Odds?

This will depend on the betting market you’re targeting, but consider getting started with their recent history against the current opponent.

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Published Oct 18, 2023

LUKE LINDHOLM