Chicago Bulls Odds, Betting Lines, Spreads and Futures for 2026-27 Season
Early Chicago Bulls odds make it clear this team enters the new season as true underdogs. And that makes sense, as the team hasn’t been relevant since Derrick Rose was in his prime (around the time he won an MVP award in 2011).
For Chicago fans, the hope here is that the Bulls can finally turn things around. But without a true superstar on the roster — Josh Giddey and Nic Claxton are the team’s best players — it looks like the new season will be an uphill battle.
Chicago Bulls Next Game Odds
The Chicago Bulls betting odds for the season opener in 2026 aren’t available yet, but we’ll update this page when they’re published. They’ll kick things off against the Raptors (Toronto went 46-36 in 2025-26 and made the postseason).
The Chicago Bulls' next game odds will likely list them as underdogs against Toronto. The team won only 31 games last season, and it doesn’t have a standout player to build around moving forward. Chicago also finished last season by losing nine of its final 11 games.
Chicago Bulls NBA Championship Odds
The Chicago Bulls NBA championship odds spell doom and gloom for the upcoming season. According to DraftKings, this team has a very minimal chance of hoisting the Larry O'Brien Trophy next June.
- Chicago Bulls odds to win NBA championship: +70000
The Chicago Bulls' NBA title odds are less than meager, and this doesn’t surprise us. The team hasn’t sniffed an NBA title since Derrick Rose and Carlos Boozer were on the team. Plus, Chicago’s most recent NBA championship was back in 1998, when the GOAT himself, Michael Jordan, was still on the roster.
But remember, current NBA championship odds offer massive profit potential for Chicago. The Bulls winning a title this season is highly unlikely, but crazier things have happened before!
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The Chicago Bulls playoff odds don’t paint a pretty picture either. According to BetMGM, this team doesn’t have much chance of making a meaningful run during the regular season.
- Chicago Bulls playoff odds: +1200
Chicago missed the playoffs in 2025-26, stumbling to just 31 regular-season wins.
With only a single postseason appearance in the past eight seasons, we can see why bookies are warning us about Chicago (the team has, however, made the play-ins multiple times).
Last year's poor performance is also the main reason the Chicago Bulls NBA Finals odds are in the toilet.
Chicago Bulls Win Totals
Early NBA win total projections aren’t very promising for the Bulls. One thing seems to be certain: bookies won’t have any confidence in Chicago exceeding 30 wins this season. That’s because the team is trending in the wrong direction, having won just 31 games last season after finishing with 39 the season prior.
- Chicago Bulls Win Total: Over 27.5 wins (-135)
Furthermore, preseason NBA MVP odds don’t favor any single Bulls player making a run at the award. The team’s only reliable player is Josh Giddey, who’s a workhorse with high averages in assists and rebounds. But can Giddey carry the Bulls to 30 wins? That’s a tall order for a player who’s averaged only 14.6 points per game for his career.
Chicago Bulls Odds to Win Division
The Chicago Bulls' division odds aren’t very promising at just +9000, according to DraftKings. That gives them a 1.1% chance of winning the Central Division, which makes things look pretty bleak for the Bulls.
Central Division Winner odds via DraftKings:
- Detroit Pistons: +100
- Cleveland Cavaliers: +160
- Indiana Pacers: +370
- Chicago Bulls: +9000
- Milwaukee Bucks: +30000
We think the NBA odds are accurate again here. Chicago hasn’t won its division since the 2011-12 season when Derrick Rose was still an NBA superstar. With a drought that long, there’s simply no reason to feel confident in this team.
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Chicago Bulls NBA Cup Odds
The best NBA betting sites have also posted odds for the 2026 NBA Cup. And it’s exactly what you’d expect: the Bulls aren't in contention to win it. These are the current odds from BetMGM:
- Chicago Bulls odds to win the NBA Cup: +50000
The previous NBA Cup winner was the New York Knicks, who defeated San Antonio (New York also went on to become the NBA Champions last season). The Bulls have never won the NBA Cup in its three years.
More Chicago Bulls Betting Markets
The preseason Chicago Bulls odds make it clear that this team doesn’t have a real path towards winning a title. But you can bet on individual regular-season games, which offer plenty of opportunities to win. In-season betting markets include moneylines, spreads, and point totals.
Other preseason markets are also available, including NBA futures. For example, you can bet on the NBA Rookie of the Year odds or Coach of the Year odds.
Chicago Bulls Moneylines
A moneyline bet is when you pick a winner/loser in any NBA matchup. The Bulls are playing the Raptors to open the NBA season. Most likely, bookies will list Chicago as the underdog against Toronto (Chicago is currently rebuilding).
Let’s say you pick Chicago to win against Toronto at +350, which are long odds. A $100 bet would pay $350, which is a huge profit margin. But of course, the Bulls would also have to defeat the Raptors for you to win.
Chicago Bulls Point Spreads
A spread is when you predict a team will win or lose by a certain number of points. For Chicago, a good example of a spread would be +8.5 points at -110 odds against Toronto.
Let’s say you bet $110 on Chicago to cover the spread. Chicago would have to lose by no more than 8.5 points (or win the game) for you to win your bet. The profit would be $100 for a total payout of $210.
Keep in mind that certain sportsbook promos come in the form of odds boosts, which can increase your profitability. This is especially helpful with spreads, which are handicap bets.
Chicago Bulls Totals (Over/Under)
Point totals involve the combined score of an NBA game. In Chicago's first game against Toronto, a hypothetical Over/Under would be 224.5 points. You choose whether the two teams will combine for more or less than that point total.
Let’s say you pick the over at -120 odds. This means that, to profit $100, you would have to bet $120, and the two teams would have to exceed 224.5 combined points in the game.
Chicago Bulls Props
Prop bets involve individual in-game outcomes unrelated to the final score. For example, you can bet on player performances, such as the number of points they score in a game. Here’s what we’re talking about:
- Josh Giddey to record Over/Under 7.5 assists
- Matas Buzelis to score Over/Under 15.5 points
- Nic Claxton to record Over/Under 6.5 rebounds
Chicago Bulls Prediction Markets
Chicago Bulls odds via sportsbooks differ from probabilities in prediction markets. Kalshi and Polymarket allow you to buy and sell contracts on NBA outcomes. This isn’t the same as betting, because users like you set the prices and probabilities.
An example of a prediction market is a Yes/No contract involving Chicago vs. Toronto. If a ‘Yes’ contract on the Bulls defeating the Raptors is worth $0.35, that means the probability is 35%.
Let’s say you spend $35 in order to purchase 100 ‘Yes’ shares, and the Bulls win. Your payout is $65 because each contract is worth $0.35 ($1 - $0.35 = $0.65), so the payout is $0.65 x 100 shares.
Keep in mind that the latest NBA news also has a huge effect on trading activity and probabilities. Player injuries and offseason roster changes can swing things significantly in one direction or another.
Chicago Bulls Odds FAQ
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