New York Knicks Odds

New York Knicks Odds

The New York Knicks will look to build on last season’s success when they lost the Eastern Conference semifinals in seven games to the Indiana Pacers. With Karl-Anthony Towns and Mikal Bridges added to the lineup via trades, the Knicks are among the Eastern Conference’s top teams. The team currently has New York Knicks +1300 on FanDuel odds to win the NBA title. See more Knicks odds below, including game lines, player props, futures, and more from the best NBA betting sites.

Knicks odds today

Find New York Knicks odds in the table below, including moneyline, point spreads, and totals for their next game.

New York Knicks Championship Odds

View Knicks NBA title odds below.

Knicks Atlantic Division Odds

Check off the Knicks odds to win the Atlantic Division below.

Knicks NBA Cup Odds

View Knicks 2024 NBA Cup odds below. New York is in East Group A with the Magic, 76ers, Nets, and Hornets.

Knicks Player props and futures

Search for top Knicks players like Jalen Brunson using the NBA props search tool below. Search for any player in the search bar and instantly compare odds across major sportsbooks. Click on any odds in the table below to place a bet.

How to bet on the Knicks

Moneyline

A winning bet on the moneyline is determined by which team wins the game outright. Let’s use a hypothetical example with New York Knicks odds against the San Antonio Spurs.

Knicks -140

Spurs +175

The negative number on the Knicks moneyline (-140) indicates oddsmakers have them listed as favored to win. It would take a $140 wager to win $100 profit, plus the $140 originally posted for the bet. A $100 on the Spurs would net $175 in profit if they can pull off the upset. 

Point Spread

The point spread considers the margin of victory rather than just which team is victorious. Take the below point spreads in a game between the New York Knicks and New York Knicks:

Knicks +4.5 (-115)

Knicks -4.5 (-115)

The Knicks are favored by 4.5 points, indicated by the “-4.5.” They need to win by at least five points to cover the point spread and win the bet. As underdogs, the Knicks can lose by up to four points or win the game for a bet on them to hit. 

The (-115) odds listed next to each team’s point spread show the return on a correct bet in American Odds. Both teams have the same -115 odds so a $115 bet on the winning team pays the bettor $100, plus the $115 wagered. A $100 bet on the would earn the bettor $86.96 plus the initial wager if it hits.   

Point Total (Over/Under) 

A bet on the point total is determined by the combined number of points scored by both teams. Sportsbooks will provide a set number to allow bettors to choose whether the final combined scores of each team will be higher or lower than that number. 

If the point total Knicks odds in a game between New York and the Philadelphia 76ers is set at 235 points and ends with a final score of 125-120, bettors who selected the over would win. 

Live Betting

Betting on Knicks odds while they’re in-play is known as live betting, which can be a fruitful strategy for those who prepare ahead of time. Take a game that has the Knicks favored at -250 on the moneyline in their matchup with the Golden State Warriors who are +200 on the moneyline. A $100 bet on the Knicks before the game starts would only make a $40 profit. 

You also know that the Knicks often start slowly when they play at home and there’s a good chance the Warriors are able to keep things close early in the game. Using that info, you could hold on to your bet until the game is in motion to see if the odds on the Knicks moneyline shift in your favor. 

If the Warriors come out firing and claim an early lead, oddsmakers will move the line to reflect the current score, increasing the value of a bet on the Knicks to win, upping your profits on a correctly (and well-timed) bet. 

Live betting is also where “hedging” your bets can come into play, a tactic by bettors where they make one bet before the game starts and then an opposing bet while the game is live as a way to recoup their potential losses. Let’s say you bet on New York (+180 underdogs) to win a game against the Chicago Bulls (-200 favorites), but at halftime the Knicks are down by 10 points. The live odds for a moneyline bet on the Bulls now only pays you back one-third of your money, or -300. By giving up on the Knicks and betting on the Bulls moneyline at -300 during halftime, you’re hedging your initial bet on the Knicks in an attempt to recover some money from a seemingly lost cause.                                             

Parlays and Teasers

Parlays and Teasers combine multiple different bets together for an increased payout. 

For a parlay example, let’s say the New York Knicks are favored against the Miami Heat (-140 on the moneyline) and the Cleveland Cavaliers are favored over the Minnesota Timberwolves at -200 on the moneyline. If you parlay the moneylines of the Knicks and Cavs together, the odds on your potential return jump up to +157 since you incur more risk trying to correctly predict two teams to win instead of just one.  

A teaser allows bettors to move multiple point spreads or totals in their preferred direction. Let’s say you like the Knicks (-4.5) in their matchup with the Sacramento Kings as much as you do the Orlando Magic (-5.5 favorites) to defeat the Utah Jazz. You can tease both lines by four points (most books offer anywhere from four-to-six point teases) to shift the lines to New York (-0.5) / Orlando (-1.5). Now, both teams need to win by four-fewer points than the original lines for your bet to cash.

Futures

Future bets are placed on props in the longer-term future. Team win totals, award winners, and player performances are common future bets. 

Compare Betting Sites & Apps For The Best Knicks Odds

When betting on the New York Knicks, it’s important to stay updated with the latest odds, as they can fluctuate quickly due to player performances and game dynamics. To find the best value, compare different sports betting sites that offer competitive odds and a wide range of betting markets. Using leading sports betting apps lets you place bets on the go, track real-time line movements, and capitalize on emerging opportunities. With a strategic approach and the right tools, you can refine your betting strategy and maximize your potential returns when wagering on the Knicks.

New York Knicks Franchise History

Founded in 1946, the New York Knicks franchise is one of the oldest in the NBA. Despite the prominence of the franchise across the country, it’s only won two NBA championships, both of them coming in the early 1970’s.

The Knicks struggled through most of the 1980’s before making a comeback in the 90’s thanks to its hall-of-fame center, Patrick Ewing. New York drafted Ewing out of Georgetown with the first overall pick in the 1985 draft and he remains the franchise-leader in most statistical categories.

Ewing’s Knicks never managed to win an NBA Finals in two appearances, however, making him one of the greatest players without a title in the game’s history.

In 2001, everything started going wrong for New York and it missed the playoffs for the first time in 15 years. Long-time head coach Jeff Van Gundy abruptly left his position 19 games into the season, citing frustration with owner James Dolan as the primary reason. The owner-coach feud would be the first of many over the next 20 seasons for the Knicks.

From 2001 to 2020, New York cycled through 11 different coaches. That’s a new coaching change less than every two seasons.

Julius Randle’s arrival finally quenched the Knicks’ playoff drought when he led them to the postseason in 2021. Knicks fans were so happy their team was playing a game in April, they mostly gave the team a pass for losing to the lower-seeded Atlanta Hawks in the first round. Especially when the Hawks made a run all the way to the Conference Finals.

This season’s team seems to be more reliable than the 2021 squad that was forced to rely on the aging Derrick Rose to create shots for it in the playoffs. As important as Randle and Brunson are to the team’s success, it’s the coaching staff’s willingness to play it’s up-and-coming players like Quickley and Grimes that differentiate this iteration of the Knicks.

Knicks fans may not be so quick to forgive their beloved team if they only manage to win one playoff game again.    

FAQs About Knicks Odds

What are the Knicks odds to win the Eastern Conference this season?

BetMGM set the Knicks opening odds to win the Eastern Conference at +750. New York currently has a New York Knicks +525 on BetMGM price.

Are the Knicks among the favorites the favorites to win the NBA Finals?

Yes, the Knicks were among the early favorites to win the NBA Finals with +1600 opening odds. They currently have a New York Knicks +1300 on FanDuel championship price. The defending champion Celtics are favored with Boston Celtics +240 on DraftKings odds followed by the Thunder Oklahoma City Thunder +400 on BetMGM.

What is the Knicks projected win total for this season?

The Knicks have a projected win total of 43 with odds 52.5 (-110) on BetMGM.