Orlando Magic Odds

The Orlando Magic have quietly been collecting young talent for the past few years. While the future appears bright, which included making the NBA Playoffs for the first time since 2020 last season, the Magic NBA title odds are . View more Magic odds below, including moneyline, point spreads, player props, and futures.

Orlando Magic Odds Today

Find Orlando Magic odds in the table below, including moneyline, point spreads, and totals for their next game.

Magic NBA Championship Odds

View Magic NBA Title odds below.

Magic Southeast Division Odds

See the Magic Southeast Division odds below.

Magic Player Props and Futures

Search for top Magic players like Paolo Banchero 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 Magic

Moneyline

Wagering on the moneyline is the simplest type of NBA bet, determinant upon a team winning or losing the game. Use the below example from a game between the Magic and Atlanta Hawks.

Magic -140

Hawks +175

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

Point Spread

Books will also set a point spread for NBA games, which considers the margin of victory rather than just the winner and loser. The below example considers the Magic as underdogs against the Cleveland Cavaliers:

Magic +4.5 (-115)

Celtics -4.5 (-115)

Here the oddsmaker has the Celtics 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 cash the bet. As underdogs, the Magic can lose by up to four points or win the game for a bet on them to cash. 

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 wager on the total or over/under is a bet on whether the combined points scored by each team will be more or less than the number set by the oddsmaker. For example, if the point total in a game between the Orlando Magic and Philadelphia 76ers is set at 235 points and ends with a final score of 121-110, a bet on the under would cash out, whereas a final score that combined for more than 235 points would not.  

Live Betting

Betting on games 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 Magic (-250 on the moneyline) as favorites in their matchup with the Detroit Pistons (+200 on the moneyline). A $100 bet on the Magic before the game starts would only make a $40 profit. You also know that the Magic often start slowly when they play at home and there’s a good chance the Pistons are able to keep this 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 Magic moneyline shift in your favor. 

If the Pistons come out firing and claim an early lead, oddsmakers will move the lines to reflect the current score, increasing the value of a bet on the Magic 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 Orlando (+180 underdogs) to win a game against the Chicago Bulls (-200 favorites), but at halftime the Magic 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 Magic and betting on the Bulls moneyline at -300 during halftime, you’re hedging your initial bet on the Magic in an attempt to recover some money from a seemingly lost cause.                                             

Parlays and Teasers

Parlay and Teaser bets combine multiple different bets together for an increased payout as long as 100% of your selected bets are successful. 

A parlay is slightly more straightforward than a teaser. For example, the Orlando moneyline (-140) against the Miami Heat seems like a good play, as well as the Golden State Warriors (-200 on the moneyline) to defeat the Houston Rockets. You can parlay both of those outcomes together and wager, increasing the odds on your return to +157.  

A teaser allows bettors to move multiple point spreads or totals in their preferred direction. Let’s say you like the Magic (-4.5) in their matchup with the Denver Nuggets as much as you do the Minnesota Timberwolves (-5.5 favorites) in their game with 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 Orlando (-0.5) / Minnesota (-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 Magic Odds

When betting on the Orlando Magic, staying current with the latest odds is essential, as they can fluctuate quickly due to player performances and game conditions. To find the best value, compare the best betting sites for competitive odds and a broad range of betting options. Using the best betting apps lets you place bets on the go, track live line movements, and seize emerging opportunities. With a strategic approach and the right tools, you can optimize your betting strategy and maximize your potential returns when wagering on the Magic.

Franchise History

Orlando is one of the youngest franchises in the league, playing its first season in 1989. Its first three seasons were abysmal as the team only managed 69 wins over that time. 

Then, it drafted Shaquille O’Neal in 1992 and won 20 more games than the previous season. 

A year later, it drafted Anfernee “Penny” Hardaway and clinched its first-ever playoff spot. There was a ton of optimism in Orlando thanks to its two young superstars, Penny and Shaq. 

In just their second season together, the two led the Magic all the way to the NBA Finals, though they were unable to beat Hakeem Olajuwon and the Houston Rockets. 

Most fans around the league expected Orlando to become a staple in the NBA Finals for at least the rest of the decade, but the Magic never made it back. The next season would be Penny and Shaq’s last together, after the Magic lost to Patrick Ewing and the New York Knicks in the Eastern Conference Finals. 

Things fell a part for Orlando the following offseason when O’Neal requested a trade. He got his wish when the team traded him to the Los Angeles Lakers that summer. 

Orlando’s second of its two NBA Finals appearances came in 2009 when it lost to Kobe Bryant and the Lakers. Much like the current iteration of the Magic, that team also started multiple players 6-foot-10 or taller in Rashard Lewis, Hedo Turkoglu and Dwight Howard.  

Orlando has never won an NBA championship. 

FAQs About Magic Odds