Chicago Bulls Odds

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Chicago Bulls odds

The Chicago Bulls have been stuck in mediocrity for the past three seasons, and it’s a similar story this year with NBA championship odds of +75000 or longer. Chicago is once again in the play-in tournament and can secure the 8 seed with a victory over the Miami Heat Friday night. View more Bulls odds below.

Bulls Odds

View updated Chicago Bulls odds below, including moneyline, point spreads, and totals for Friday’s play-in tournament game (7 p.m., ESPN) versus the Miami Heat. The line opened at Bulls +1.5 with a total of 208. Click to bet now.

Bulls NBA Title Odds

View Bulls NBA finals odds below.

Bulls Roster

Here is the Bulls current roster.

Bulls 2023-2024 Schedule

Here is the Chicago Bulls complete 2023-2024 regular season schedule.

Bulls Transactions

  • Additions: Jevon Carter (signed), Torrey Craig (signed), Adama Sanogo (undrafted Rookie)
  • Subtractions: Patrick Beverley (free agent), Derrick Jones Jr. (free agent), Javonte Green (free agent)

Who Are The Bulls’ Best Players?

Chicago boasts a pair of top-20 scorers in the aforementioned DeRozan and LaVine. The former is a six-time NBA All-Star, including stints with the Raptors and Spurs before joining the Bulls. In July 2018, DeRozan was dealt from Toronto to San Antonio, and Kawhi Leonard was apart of the package sent back. Nick Nurse’s team went on to win the championship that next season, in which Leonard was named Finals MVP for the second time in his career.

LaVine, a two-time All-Star selection, was traded to Chicago in the Jimmy Butler deal with Minnesota. Lauri Markannen and Kris Dunn were also included in the package, but neither of them are on the Bulls’ current roster, per the list above. Despite his scoring prowess, LaVine has dealt with knee injuries throughout his nine-career.

Bulls Props

If you’re interested in more Chicago Bulls odds, or any NBA odds for that matter, TheLines has the perfect betting tool for you. It allows you to easily nab the most valuable player props across the best online sportsbooks. If you’re aware of this betting market, it allows you to bet on the “over” or “under” on statistical categories for an individual player — or an entire team (i.e. total points scored).

For instance, let’s say LaVine has an unfavorable matchup against the Bucks, and he’s also dealing with sore knee. You then read that Donovan mentioned his minutes could limited as well. Although the latter nugget may be baked into his scoring props, you may still see value in taking the under in this betting market.

For reference, LaVine’s point prop is usually set around O/U 25.5, but an injury would obviously impact that number.

Below, you can search any player’s name, and the best available odds for his prop markets will subsequently appear.

Bulls 2022-2023 Season

As many NBA bettors already know, the Bulls have endured a rocky season after finding their way into the postseason in 2021-22. They began the campaign at 3-2, including victories over the Celtics, Heat, and Pacers. They were underdogs against Boston (+5.5) and Miami (+7.5), too.

Nevertheless, Chicago went 3-8 against the spread immediately after, and it’s struggled to find its footing ever since. The Cavaliers’ improvement, especially with the addition of Donovan Mitchell, hasn’t aided their chances, either. It also doesn’t help that Lonzo Ball (knee) has yet to suited up for the team in over a year.

Ball was initially thought to have an innocuous bone bruise in his left knee in January 2022. But it turned out he had a torn meniscus, in which he was expected to miss six-to-eight weeks. That timeline clearly didn’t come to fruition, though.

Before suffering his injury, Ball was shooting 42.3% from distance. He’s also a skilled defender, which gives the Bulls two upper-echelon pieces at that end of the court (in theory) with Ball and Alex Caruso.

Moreover, Chicago native Ayo Dosunmu has taken over for Ball in his absence. He’s provided a steady hand in his second season at the professional level, yet his 3-point shooting efficiency has regressed.

How To Bet On The Bulls

Moneyline Betting

Wagering the moneyline in sports centers around picking a team to win a game outright. Bettors also wager on the moneyline when they bet on an individual athlete, like a golfer to win a major tournament.

This term differs from spread betting, which uses a handicap to theoretically “level out” the Chicago Bulls odds for both teams. All the bettor’s selection must do is win, and the moneyline bet pays out.

Although a moneyline bet remains the most straight-forward wager, you may still pay more “vig” or “juice” in the process. For example, if the Bulls are 7.5-point favorites against the Pistons, they’re going to be very heavy favorites to win the game outright. If they’re -305 if this market, you’d need to bet $305 to win $100.

Spread Betting

Betting the point spread is arguably the biggest element of sports betting. It’s when when you hone in on on how many points a team will win or lose by. Point spread betting is especially prevalent for football and basketball games.

Let’s say the Chicago Bulls odds display that they are six-point home underdogs to the Warriors. They’d need to lose by five or less points — or win the game straight up — in order for you to win your wager. You can approach this market via live betting, too. If the Bulls were to face a double-digit deficit early on, you could get a better ATS number — assuming you believe that they’d hang around in the game.

Total Betting

Betting totals, also known as over unders, are one of the more popular wagering options at online sportsbooks. The over/under in sports is simple, as you wager on how many combined points you think will be scored in a game. A betting total is exactly what it sounds like — the sum of something in a sporting event — most often points scored.

Prop Betting

We’ve already hit on this market. Just to rehash, when information comes out about a particular player’s usage or injury status, bettors may have the upper hand over the ‘books. However, be on the lookout for how quickly oddsmakers adjust props.

Prop betting seeks to proposition the bettor with a question — one that may or may not have direct bearing on the final score. For example:

  • Will Nikola Vucevic go over/under rebounds?
  • Will Ayo Dosunmu go over/under assists?

Bulls’ Franchise History

Chicago is well-known for the Michael Jordan era, as the best player in NBA history (sorry, LeBron James stans) led the Bulls to six championships in the 1990s. Ever since Derrick Rose tore his ACL in the 2012 postseason, though, Chicago’s title window has been bleak.

FAQ About Bulls Odds

Which team is favored to win the 2024 NBA Championship?

The Boston Celtics () and Milwaukee Bucks () are the early favorites to win the 2024 NBA title followed by the defending NBA champion Denver Nuggets ().

What are the odds that the Bulls are going to win the NBA championship this year?

Chicago’s title hopes are very slim at .

How likely are the Bulls to make the playoffs?

The Chicago Bulls odds to make the postseason are .