The 2023 NBA Draft Lottery will begin tonight at 7 p.m. EST on ESPN. Unlike previous years, there is a clear-cut prize for whichever team nabs the first overall selection. In this article, you’ll find NBA Draft Lottery odds for the 14 teams eligible to be the landing spot for Victor Wembanyama, the -20000 favorite to be selected with the No. 1 pick.
Click on any the odds of the following odds to place a wager on the 2023 NBA Draft Lottery.
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What Are The Latest NBA Draft Lottery Odds?
Above are each team’s betting odds to nab the No. 1 overall pick from DraftKings Sportsbook. As you will see, the implied probability of the outcomes is larger than the true probability. That showcases sportsbook’s “edge” over the bettor.
Operators have a theoretical advantage all sports betting wagers because they charge an additional tax on bets — known as vig or juice. Standard vig is -110, which signifies that a bettor must pay the house an extra 10 cents on every dollar you bet. Some sportsbooks have an even larger edge over their customers via hold percentage.
However, NBA Draft Lottery odds present a whole new meaning to this notion. The league’s route to determine the draft order is exactly what it sounds like. It’s truly a sweepstakes — unlike handicapping a traditional game or a betting market of that nature.
The Pistons, Rockets, and Spurs all possess the best probability of landing the top pick (14.0%).
| Team | No. 1 Pick Odds | Implied Probability | True Probability | True Odds |
|---|---|---|---|---|
| Pistons | +550 | 15.38% | 14.00% | +614 |
| Rockets | +550 | 15.38% | 14.00% | +614 |
| Spurs | +550 | 15.38% | 14.00% | +614 |
| Hornets | +650 | 13.33% | 12.50% | +700 |
| Trailblazers | +800 | 11.11% | 10.50% | +852 |
| Magic | +900 | 10.00% | 9.00% | +1011 |
| Pacers | +1200 | 7.69% | 6.80% | +1370 |
| Wizards | +1200 | 7.69% | 6.70% | +1392 |
| Jazz | +1800 | 5.56% | 4.50% | +2122 |
| Mavericks | +2800 | 3.57% | 3.00% | +3233 |
| Bulls | +4500 | 2.22% | 1.80% | +5455 |
| Thunder | +4500 | 2.22% | 1.70% | +5782 |
| Raptors | +8000 | 1.25% | 1.00% | +9900 |
| Pelicans | +16000 | 0.99% | 0.50% | +19900 |
Exploring Wembanyama’s Best Fit
Thanks to Wembanyama’s wide-ranging skillset for his size at 7-foot-3, the France product is an obvious fit for any team. That said, the Spurs have a distinct set of credentials — under Hall of Fame inductee Gregg Popovich — for drafting and refining international players to their highest potential. That includes Tim Duncan, Tony Parker and Manu Ginobili.
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