Memphis Grizzlies Odds 2023

Props, Spreads, NBA Playoffs Odds


The Memphis Grizzlies look to improve on the last two playoff seasons and find themselves competing for a championship. Ja Morant is one of the faces of the NBA – despite some off-the-court disciplinary actions – and Desmond Bane, Dillon Brooks, and Jaren Jackson Jr. round out a strong corps of players. The Grizzlies’ season took a downturn when they lost Steven Adams to a knee injury. However, they’re prepared to make a run in the playoffs with or without Adams. The Grizzlies have odds to win the NBA Finals this year, among their best marks in franchise history.

Below, we’ll go over Grizzlies odds for the 2023 NBA regular season and playoffs. Find player props, game previews, and more.

Memphis Grizzlies Odds

Find Memphis Grizzlies odds in the table below. Click on any odds to bet on the Grizzlies now.

Grizzlies NBA Title Odds

Despite sitting as the second seed in the Western Conference, the Grizzlies have NBA Finals odds, tied for fifth-shortest in the West.

This team is on the up-and-up, making the playoffs the last two seasons, but it’s generally accepted that teams that win the NBA Finals have prior finals experience. In this case, this Grizzlies has very little deep playoff experience, with their last Western Conference Finals appearance coming in 2013. The franchise has never made it to the NBA Finals.

Last season, the Grizzlies were upended in the conference semifinals by the eventual-champion Golden State Warriors. This year, head coach Taylor Jenkins looks to improve again on his team’s success.

Grizzlies Roster

  • G Ja Morant
  • G Desmond Bane
  • F Dillon Brooks
  • F Jaren Jackson Jr.
  • C Steven Adams
  • F Xavier Tillman
  • G Tyus Jones
  • G John Konchar
  • G Luke Kennard
  • G Vince Williams Jr.
  • G Kennedy Chandler
  • F Santi Aldama
  • F David Roddy
  • F Zaiare Williams
  • F Jake LaRavia
  • F Kenneth Lofton

Who are the best players on the Grizzlies?

Ja Morant: Few players in the NBA sell like Ja Morant. The uber-athletic guard took the league by storm when he was drafted in 2019. The tail end of the 2022-23 season was marred by character issues and team suspensions, discipline the team hopes ends by the postseason. Morant averaged over 27 points and 8.2 assists per game, one of the gaudier marks in the association this season.

Desmond Bane: Bane was far from a lottery pick in the 2020 draft, falling to Memphis at 30. However, the TCU product burst onto the scene as one of the NBA’s more lethal three-point shooters. In 2022-23, Bane shot over 40% from beyond the arc and a hair shy of 90% from the free throw line en route to a career-high 21.2 points per game. Bane and Morant make up one of the best backcourts in the Western Conference.

Steven Adams: Adams missed the back half of the season, going down with a knee sprain in January. However, the big man makes his presence known on the court. He was averaging a new career-high in rebounds (11.5) and remains as one of the NBA’s most feared big men due to his toughness and strength. When Adams is on the floor, the Grizzlies are a better basketball team.

Memphis Grizzlies Props

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Grizzlies Current Season

Last year, the Grizzlies took the spot as the NBA’s breakout team, winning 56 games and securing the second overall seed in the West. This season, with expectations on their shoulders, Memphis followed up a successful season with a successful season. Bane continued his role as a reliable No. 2 scoring option with a new career-high in scoring and shooting while Morant continues his role as one of the NBA’s featured players.

Since losing Adams to injury, Memphis is losing more games. The Grizzlies were on an 11-game winning streak when Adams injured his knee. Since Jan. 20, Memphis is 8-11, with wins coming over Indiana, Chicago, and Houston. According to reports, Adams won’t return during the regular season, but is hopeful to return for the playoffs.

Jaren Jackson Jr. has been a staple to this Grizzlies franchise for years, but his necessity over the back half of the season increased. Jackson is scoring over 17 points per game on the year and set a new career-best in blocks per game (3.2, third best in the NBA). His presence in the paint defensively helps lead Memphis to the NBA’s third-best rated defense on the year.

Strong defense coupled with having a few strong scoring options makes Memphis a dangerous postseason team. Although they have to go through plenty of more experienced teams, the Grizzlies will make noise.

Grizzlies transactions

  • Traded for G Luke Kennard
  • Traded F Danny Green

The Grizzlies brought Kennard to town as a part of a three-team deal with the Clippers and Rockets. They sent Green to Houston – who was cut – and the Clippers sent John Wall to the Rockets for Eric Gordon. Since landing in Memphis, Kennard plays a strong role, especially in the absence of Morant.

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:

  • Grizzlies -120
  • Lakers +105

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 farther. Instead of just betting on a winner, bettors wager on the point differential in a game. For example:

  • Grizzlies -8 (-110)
  • Trail Blazers +8 (-110)

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:

  • Over 236.5 (-110)
  • Under 236.5 (-110)

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 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 allows 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.

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 expansion efforts by the NBA into Canada. After six years in Vancouver, the team relocated to Memphis, where they’ve played ever since.

Memphis played their basketball in Pyramid Arena, which later became a Bass Pro Shop and tourist attraction to the city. They currently play in 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 suggests that Memphis will be in Western Conference contention for the near future.

FAQs About Grizzlies Odds

Who is favored to win 2023 NBA Finals? 

The Boston Celtics are NBA title favorites at and Milwaukee Bucks () are title favorites, often trading places with one another. From the East, the Philadelphia 76ers () offer the most resistance to the other two favorites.

The Phoenix Suns () lead the West after trading for superstar Kevin Durant. Back-to-back NBA MVP Nikola Jokic and the Denver Nuggets () come in behind the Suns, followed in the West by the Los Angeles Clippers ().

What are the odds that the Grizzlies win the NBA Championship?

The Memphis Grizzlies have odds to win the 2023 NBA Finals. At +2200, oddsmakers imply that there is a 4.35% probability Memphis wins the championship.

What are the Grizzlies’ chances of making the playoffs?

Per FiveThirtyEight, the Grizzlies had a greater than a 99% chance to make the NBA Playoffs. Heading into their final two games, the Grizzlies have clinched the Southwest Division title, which means they’ll either be the No. 2 or No. 3 seed when the Western Conference playoffs begin. They were sitting two games ahead of Sacramento, the Pacific Division champs, for the second seed.

Are Grizzlies out of the playoffs?

The Grizzlies are guaranteed to be inside the playoff field.