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Grizzlies Odds | Memphis Betting Guide With Game Lines And Futures

Written By Nick Crain | Last Updated at May 8, 2026

The Memphis Grizzlies, not far removed from being a young contender in the Western Conference, are not in full rebuild mode. They recently traded away Jaren Jackson Jr, and haven't been quiet about shopping Ja Morant. As the team changes direction, it's all about developing young talent to come out competitive on the other end of this cycle.

With that in mind, the Grizzlies are now one of the least competitive teams in the NBA, somewhat by design. They'll need to hit on upcoming draft picks and also find a quality package for Morant in the offseason to continue escalating the young talent pool.

See more Grizzlies odds below, including game lines, player props, futures, and more from the best NBA betting sites.

Memphis Grizzlies Odds Today

Want to bet on the Grizzlies' next game? Below, we have every game for today's NBA slate and the odds of those contests. So, whether it's Memphis that you want to bet on, or any other team around the league, this is everything you need to know.

Grizzlies Championship Odds

Again, the Grizzlies are not considered a contender at this point and still have much work to do in order to get this roster back to the powers of the Western Conference. The cornerstone pieces are starting to take shape, but it takes more than that to be a championship-level team.

For Memphis, the goal this year is earning a top draft pick to add to the young core that they've put together over the past few drafts.

Grizzlies Southwest Division Odds

Check out the Grizzlies' odds to win the Southwest Division below.

TeamOdds
San Antonio SpursWon Division
Houston RocketsNo Longer Available
New Orleans PelicansNo Longer Available
Dallas MavericksNo Longer Available
Memphis GrizzliesNo Longer Available

How to Bet on the Grizzlies

Memphis Grizzlies Odds: Moneyline Betting

Betting on the Moneyline is simply betting on winners. Favored teams are marked by having a "minus" number, while underdogs show a "plus" number. For example:

In this instance, the Grizzlies are favored over the Lakers. At -120, a bettor would need to play $120 to win $100. On the other side, a $100 bet on the Lakers wins a bettor $105. In both instances, the initial bet is also returned in a win.

Memphis Grizzlies Odds: Spread Betting

Betting on the point spread takes things a bit further. Instead of just betting on a winner, bettors wager on the point differential in a game. For example:

In this example, the Grizzlies are favored by eight points. In order for a bet on Grizzlies -8 to be successful, Memphis would have to win by nine or more points. A successful bet on the Trail Blazers means Portland lost by seven or fewer points or won the game outright. If the game ends in the Grizzlies winning by exactly eight points, all original bets are returned and the bet is deemed a "push."

The number in parentheses next to the spread is the price you're paying for either side. In this example, you'd need to wager $110 to win $100 on either side. Sportsbooks make the number -110 instead of +100 on many bets. This is known as the "vigorish" or "vig" and represents the cut a sportsbook expects to take from either side. For example, +100 represents 50% (+100– or "even money"– would be 50% + 50%, adding up to 100%). However, -110 represents 52.4. So, A bet on either side at 52.4% would add up to 104.8%, or a 4.8% vig.

Memphis Grizzlies Odds: Point Total (Over/Under)

Bettors can also wager on the point total (or over/under) instead of the spread or moneyline. In this case, punters wager on the total number of points scored by both teams in the game. For example:

Betting on the over requires the two teams to combine for at least 237 points. So, if the final score is 120-117 or 136-101, then the over would hit regardless of who wins the game. However, if the game ended 108-99, the under would hit.

The same rules apply with vigorish and price, listed in parentheses next to the over/under.

In-Play And Live Betting

All of the bets listed above can be made in one of two ways: pre-game or live. Pre-game bets happen before the game starts. However, bettors can also place bets on games while the contest is going on. Odds change constantly, especially in a fast-paced game like basketball. Keen bettors can take advantage of in-play betting.

Let's say the Grizzlies closed at -8 favorites over the Lakers. However, an uncharacteristic shooting slump caused Memphis to fall behind by 14 points headed into halftime. Live odds may now list Memphis as +5.5 underdogs. Betting on the team returning to form in the second half means a bettor could bet the Grizzlies +5.5 during the game for better odds than they could get pregame.

Live betting also applies to over/unders and even some player props. However, we advise caution with live betting as TV broadcasts can have long tape delays. In basketball, a 15-second tape delay may represent two entire possessions or a six-point swing in a game. Sportsbooks are usually ahead of this, so it's best practice to live bet during timeouts in the action.

Parlays And Teasers

Stringing multiple bets together is called a parlay. Parlays greatly increase betting volume but also require every leg to be correct to win the bet. For example, betting on the Grizzlies -9 (-110) against the Timberwolves and Over 229.5 (-110) separately would require $220 total to win $200 on both bets combined. However, parlay these two together and the parlay price comes out to +269 odds. That same winning $220 bet now wins $591.80.

Parlays allow bettors to win more money, but with a much lower win probability. Each leg of a parlay decreases the overall chances of the bet winning, but can strategically be used to great effect.

Teaser betting refers to buying and selling points. While a much more popular practice in betting the NFL, teaser betting works in the NBA, too. Teasers are a form of parlay betting. Bettors can buy six points, but must string two legs together with odds usually set at -120 or longer. For example, a six-point teaser turns: Grizzlies -9 (-110) and Over 229.5 (-110) points into Grizzlies -3 and Over 223.5 points, combined to -120 odds.

While bettors get the extra breathing room, it also forces your hand to be more correct to break even.

Compare Betting Sites & Apps For The Best Grizzlies Odds

When betting on the Memphis Grizzlies, it’s important to stay updated with the latest odds, as they can shift rapidly due to player performances and game matchups. Comparing the best sports betting sites ensures you get the most competitive odds and access to diverse betting markets. Using top betting apps allows you to place bets on the go, monitor real-time line movements, and seize new opportunities. With a solid strategy and the right tools, you can enhance your betting approach and maximize your potential returns when wagering on the Grizzlies.

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Grizzlies Franchise History

The Grizzlies are an NBA expansion franchise, having been inaugurated into the league in 1995 as the Vancouver Grizzlies. The Grizzlies debuted alongside the Toronto Raptors with the NBA's expansion efforts into Canada. After six years in Vancouver, the team relocated to Memphis, where they've played ever since.

Memphis played its basketball in Pyramid Arena, which later became a Bass Pro Shop and tourist attraction to the city. They currently play in the FedEx Forum.

The first staple player in the franchise was Pau Gasol, who played for the Grizzlies from 2001-07. Memphis acquired Gasol on draft night after he was selected third overall by the Hawks. Gasol played alongside notable NBA names like Shane Battier, Mike Miller, and Jason Williams. Hall of Fame coach Hubie Brown had a stint coaching Memphis from 2002-04.

It took until 2003 for the Grizzlies to make the postseason and until 2011 for them to win a playoff series. In their history, the Grizzlies have made one conference finals and no NBA Finals.

But between 2011 and 2017, Memphis made seven straight playoffs under Marc Gasol (Pau's brother) and Zach Randolph. In four of those seven seasons, they failed to make it out of the first round, often going head-to-head with NBA champions like the Spurs and Warriors.

They drafted Morant in 2019 and began a new and largely successful era in Memphis basketball. The young core of the team suggested that Memphis would be in Western Conference contention for the near future, though that has changed course more recently as a rebuild is underway.

FAQs About the Memphis Grizzlies

When was the list time the Memphis Grizzlies won an NBA Championship?
The Grizzlies have never won a title.
Who is the best player on the Grizzlies?
Ja Morant is still technically the best player in Memphis, though he's no longer the player he once was and may not be part of the Grizzlies' long-term plans.
What was the Grizzlies' preseason projected win total for the 2025-26 campaign?
39.5 wins.
Where do the Memphis Grizzlies play?
The Grizzlies play at FedEx Forum in Memphis, TN.