We've reached the All-Star break, and there's been very little movement at the top of the WNBA championship odds board as the Las Vegas Aces continue to lead, with the New York Liberty inches behind.
The Connecticut Sun's blistering start has quieted, while the Minnesota Lynx continue to lurk, and Caitlin Clark's Indiana Fever barely register in the WNBA Finals odds market.
Let's take a look at the latest WNBA odds to win the title below.
2024 WNBA championship odds
WNBA championship favorites
Las Vegas Aces (+140 to +160)
The Las Vegas Aces have already lost more games (eight) than they did all last season (six), marred by key injuries, and perhaps a bit of a championship hangover after back-to-back titles. Despite this, they remain favorites to three-peat in 2024.
The Aces' blips in the road are little to worry about, as this roster at full strength is easily the league's best offense, and can dig its heels in and play solid defense when truly needed.
Led by WNBA MVP odds shoe-in, A'ja Wilson, the Aces have more than enough depth and firepower to overcome a lackluster start, and they've already started stirring. The Aces are 8-2 in their last 10 games, with a litany of double-digit wins, heading into another rematch with the Liberty when their schedule resumes post-Olympics on August 17.
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New York Liberty (+150 to +190)
The New York Liberty's start, while impressive on paper, left something to be desired given the team's penchant for playing to its opponents' levels.
However, let the record show that the Liberty are 9-1 in their past 10 games, and top the WNBA with a 21-4 record.
They beat the Lynx a couple of weeks ago, and have handled most comers since the beginning of June. While the Connecticut Sun look stronger than before, and beat the Liberty on June 18, New York won the July 10 rematch, and is rightly the favorite in the East.
Caitlin Clark WNBA Finals odds
Just a week after the NCAA Tournament's conclusion, Caitlin Clark was made the No. 1 pick in the WNBA Draft by the Indiana Fever, where she's teaming with fellow All-Star Aliyah Boston, among other young talents, to build towards a title chase.
The Fever, who finished last season well off the playoff pace at 13-27, were expected to take a huge leap with Clark now running the show; their WNBA title odds opened in the +2,200 range and had shortened to +2,000 before seeing pushback to the +2,500 range.
But public money ambitiously piling on Clark may have inflated the Fever's prospects, as Indiana's well behind the pace at 11-15. While Clark's shown flashes and overall been impressive — especially for a rookie that every team is game-planning for — the Fever, even after rebounding from a slow start, still don't look like true contenders.
Their odds have thus plummeted to the +10,000 range, with some books offering +8,000 due to such a huge liability.
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Understanding WNBA championship odds
Sportsbooks will post odds for the WNBA Finals shortly after the previous season's conclusion. These odds are constantly adjusted throughout the offseason as players switch teams or are injured. Once the regular season begins (May), title odds will change daily as teams win and lose games and more roster changes occur. Sportsbooks will also adjust the WNBA odds based on handle and liability to certain teams.
WNBA Championship odds will usually look like this:
- Phoenix Mercury +300
This means that on a $100 bet, you'll stand to profit $300 if the Mercury win the WNBA title. If it's close to the end of the season and the WNBA has a particularly dominant team, you might see a minus sign (-) ahead of its odds.
- Chicago Sky -380
This means you have to bet $380 to win $100 on a Sky championship.
Above we have posted the American odds for the WNBA championship. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool. And don't forget to check out our WNBA forum if you're interested in chatting with other basketball bettors about WNBA odds.
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WNBA Championship odds trends
Here are some trends to keep in mind when betting on WNBA championship futures:
- The Western Conference has won eight of the past 10 WNBA championships, and three of the past four.
- The No. 1 overall seed has gone on to win the title in seven of the past 10 seasons.
- The Houston Comets, Seattle Storm, and Minnesota Lynx are tied for most all-time WNBA Championships with four apiece.
- The Aces' 2023 win was the first time a team had repeated as WNBA champs since the Los Angeles Sparks in 2002.
Past WNBA Finals winners
Season | WNBA Finals winner | Runner up |
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2023 | ![]() |
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2022 | ![]() |
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2020 | ![]() |
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2019 | ![]() |
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2014 | ![]() |
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Teams with the most WNBA Championships
Minnesota, Houston, and Seattle are tied atop the all-time WNBA Championship tally with four apiece, while three more teams follow closely with three each.
Despite their early dominance, the Comets folded during the 2008 recession and were disbanded when the league was unable to find new ownership.
Team | WNBA Championships | WNBA Finals appearances |
---|---|---|
Minnesota Lynx | 4 | 6 |
Houston Comets | 4 | 4 |
Seattle Storm | 4 | 4 |
Los Angeles Sparks | 3 | 5 |
Detroit Shock (Dallas Wings) | 3 | 4 |
Phoenix Mercury | 3 | 4 |
Las Vegas Aces | 2 | 4 |
WNBA playoff format
The WNBA playoffs feature the top eight teams based on regular season performance. The playoff format consists of three rounds: the first round, the semifinals, and the WNBA Finals.
First Round: In the first round, the No. 1 seed hosts the No. 8 seed, the No. 2 seed hosts the No. 7 seed, the No. 3 seed hosts the No. 6 seed, and the No. 4 seed hosts the No. 5 seed. These matchups are best-of-three series, meaning a team must win two games to advance to the next round. The losing team is eliminated from the playoffs.
Semifinals: The semifinals feature a best-of-five series, with the No. 1 seed facing the lowest remaining seed from the first round (either No. 5, No. 7, or No. 8), and the No. 2 seed playing against the other team remaining (either No. 6 or the higher-seeded team from the first round). The teams compete in a best-of-five series, and the first team to win three games advances to the WNBA Finals.
WNBA Finals: The two remaining teams face each other in the WNBA Finals. This is also a best-of-five series, following a similar format as the semifinals. The team with the better regular season record has home-court advantage, hosting Games 1, 2, and 5 (if necessary), while the other team hosts Games 3 and 4 (if necessary).
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WNBA Championship Odds FAQ
The Las Vegas Aces won the 2023 WNBA championship.
The 2024 WNBA schedule has yet to be released, but the Finals typically begin in early-mid September.
The Houston Comets, Minnesota Lynx and Seattle Storm have all won four titles, most all-time.