2026 WNBA Championship Odds: Lynx on the Rise, but Liberty Remain the Favorites

Aisha Quiñones - Betting Analyst at Covers
Aisha Quiñones • Betting Analyst 12+ years betting experience
Updated: Jun 10, 2026 , 02:39 PM ET • 3 min read

The Lynx are terrifying the rest of the league, pacing the WNBA standings even while missing superstar Napheesa Collier. Yet, despite Minnesota's surge, the Liberty remain firmly entrenched as the championship favorites.

Olivia Miles Minnesota Lynx WNBA
Photo By - Reuters Connect. Minnesota Lynx guard Olivia Miles (5) flexes after making a shot.

The WNBA’s 30th season is underway, with the Aces quickly settling back into championship form as they chase a potential repeat, the Liberty continuing to win despite key absences, and the Dream off to a solid, dreamy start in Atlanta.

But it's the Minnesota Lynx that are absolutely tearing up the league, storming out to the WNBA's best record. What makes this start terrifying for the rest of the league is that they’ve done it entirely without their supermax cornerstone, Napheesa Collier, who has been sidelined recovering from offseason ankle surgeries.

The real catalyst of Minnesota has been rookie sensation Olivia Miles. The No. 2 overall draft pick has played like a seasoned MVP candidate, leading the team in scoring (17.8 PPG) and assists (6.3 APG). With the league's top-rated defense and a historic rookie running the show, the Lynx aren't just surviving without 'Phee — they're dominant. And whenever she does return, Minnesota is going to be a nightmare to deal with.

Let's take a look at the latest 2026 WNBA odds and how storylines are shaping the championship picture thus far.

🏆 2026 WNBA title odds favorites

Team bet365
Liberty New York Liberty +275
Aces Las Vegas Aces +350
Lynx Minnesota Lynx +375
Dream Atlanta Dream +600
Fever Indiana Fever +900
Wings Dallas Wings +1400
ValkyriesGolden State Valkyries +1600
Sparks LA Sparks +3300
Mercury Phoenix Mercury +6000
Mystics Washington Mystics +12500

Odds courtesy of bet365, one of our best betting sites. Sign up with our bet365 promo code, or get one of our other sportsbook promos.

New York Liberty (+275)

The New York Liberty are absolutely stacked. With Chris DeMarco stepping in for his first season as head coach, the front office has wasted no time making high-level moves.

Breanna Stewart, Sabrina Ionescu, and Jonquel Jones headline a returning core, but New York didn’t stop there. After Nyara Sabally was dealt to the Toronto Tempo, the Liberty quickly pivoted, bringing in her sister Satou to keep that impact in the fold.

They’ve also focused on strengthening their depth, bringing back a familiar face in Rebecca Allen and adding undrafted rookie Pauline Astier on one-year deals. The Liberty are rolling, and every move has reinforced their status as a serious title contender once again.

Las Vegas Aces (+350)

The Las Vegas Aces are firmly back in championship contention after securing their core in free agency, with A'ja Wilson, Jackie Young, and Chelsea Gray all returning to lead another title push.

With elite chemistry, proven postseason experience, and one of the most balanced rosters in the league, Las Vegas has the foundation to make another deep run and reclaim the WNBA crown in 2026.

Minnesota Lynx (+375)

The Minnesota Lynx have all the ingredients to make a championship run in 2026, anchored by the elite two-way presence of Napheesa Collier and a roster built on toughness, depth, and continuity.

With a balanced attack, strong defensive identity, and a core that continues to grow together, Minnesota is well-positioned to turn consistent regular-season success into a title-winning postseason run.

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Aisha's 2026 WNBA Championship Prediction

The Minnesota Lynx are poised to finally break through and capture their first title in nearly a decade. This is a group that has consistently pushed contenders to the brink but hasn’t been able to finish the job — until now. With a fiery leader in Napheesa Collier setting the tone, their ceiling rises even higher when she’s fully healthy.

Collier & Co. are fueled by those past near-misses, turning frustration into motivation as they chase what’s long overdue. This feels like the year Minnesota puts it all together, finishing the job and standing alone at the top when the season comes to a close.

📈 WNBA championship odds over time

Here's a visual representation of how the WNBA championship has odds evolved since the offseason.

WNBA opening odds

  • Minnesota Lynx +300
  • Indiana Fever +350
  • Las Vegas Aces +360
  • New York Liberty +500
  • Phoenix Mercury +1000
  • Atlanta Dream +2000
  • Seattle Storm +2200
  • Golden State Valkyries +3500
  • Los Angeles Sparks +4600
  • Washington Mystics +4700
  • Dallas Wings +5000 
  • Chicago Sky +15000
  • Toronto Tempo +20000
  • Connecticut Sun +25000
  • Portland Fire +25000

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:

  • New York Liberty +300

This means that on a $100 bet, you'll stand to profit $300 if the Liberty 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. 

  • Las Vegas Aces -380

This means you have to bet $380 to win $100 on an Aces 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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Past WNBA Finals winners

Season WNBA Finals winner Opening Odds
2025 Aces Las Vegas Aces +275
2024  Liberty New York Liberty +225
2023 Aces Las Vegas Aces +120
2022 Aces Las Vegas Aces +350
2021 Sky Chicago Sky +1000
2020 Storm Seattle Storm +450
2019 Mystics Washington Mystics +320
2018 Storm Seattle Storm +2500
2017 Lynx Minnesota Lynx +275
2016 Sparks Los Angeles Sparks +1500
2015 Lynx Minnesota Lynx +160

Odds courtesy of Sports Odds History.

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 5
Las Vegas Aces 3 4
Houston Comets 4 4
Seattle Storm 4 4
Los Angeles Sparks 3 5
Detroit Shock (Dallas Wings) 3 4
Phoenix Mercury 3 5
Las Vegas Aces 3 4

WNBA Championship odds trends

Here are some trends to keep in mind when betting on WNBA championship futures: 

  • The No. 1 overall seed has gone on to win the title in eight 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.

WNBA Championship Odds FAQ

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Aisha Quiñones - Covers
Betting Analyst

Hailing from Harlem, New York, Aisha Quiñones joined Covers in 2024 after an illustrious career with several other major media outlets. A proud Johnnie, after graduating from the Big East basketball powerhouse St. John's University, Quiñones earned her bachelor's degree in sport management and journalism, then obtained her master's degree in media studies from The New School.

Over a span of 12+ years, Quiñones has built her portfolio as a writer, dipped her toe into on-camera work, and also been behind the scenes in producing sports content.

Despite being a New Yorker, Quiñones has always been a lifelong Los Angeles Lakers fan thanks to her mom's joy of watching Kobe Bryant play — so much of a fan to the point that Quiñones named her toy poodle after the late-great legend.

Her hometown roots stay true to her MLB and WNBA choice in teams, as a Yankees and Liberty fan, due to her uncle and grandmother's love for the sports throughout her childhood.

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