Portland Trail Blazers Odds

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The Portland Trail Blazers started out 10-4 in 2022 – 2023 before Damian Lillard hurt his calf. Portland lost seven of its next eight games and never really recovered. Plagued by injuries all year, the Trail Blazers were forced to start a variety of lineups, keeping its starters from building much chemistry. 

The team has its eyes on the 2023 NBA Draft. It currently has the sixth-best odds to acquire this year’s coveted number one overall pick.  

Portland Trail Blazers odds

View Portland Trail Blazers odds below. Click to bet now.

Trail Blazers NBA Title Odds

The Trail Blazers started the season with the 10th-worst betting odds to win the Finals. They offered fans a glimmer of hope with a 10-4 start, but couldn’t maintain their success after the first few months of the season. 

Portland ended the season with the 5th-worst record in the league and was eliminated from playoff contention on March 31. 

Trail Blazers roster

  • Damian Lillard
  • Anfernee Simons
  • Jerami Grant
  • Jusuf Nurkic
  • Shaedon Sharpe
  • Nassir Little
  • Cam Reddish
  • Matisse Thybulle
  • Trendon Watford
  • Justise Winslow
  • Keon Johnson
  • Drew Eubanks
  • Jabari Walker
  • John Butler Jr.
  • Kevin Knox II
  • Ibou Badji

Who are the best players on the Trail Blazers?

Damian Lillard: In terms of individual averages, Dame had the best season of his already illustrious career this season. He put up 32 points a night with 4.2 threes, both career-highs. His 7.3 assists per game were tied for the third-most of any of his 10 seasons in the league.

Lillard has been a star since getting drafted by the Trail Blazers in 2012. He currently sits sixth all-time with 2,387 made threes in his career and has averaged at least 20 points per game in each of the last nine seasons.

The last two seasons in Portland have been the franchise’s worst since his Rookie year. The Trail Blazers only managed a combined 60 wins during that time, largely due to Dame’s injuries, which sidelined him for nearly half the team’s games.

There have been a bevy of rumors around Dame’s status with his current team for the last few seasons. Those rumors only intensified after the Trail Blazers sent CJ McCollum to New Orleans during the week of last year’s trade deadline. 

The front office seems to have lost his favor after making a few more moves on the day of this year’s trade deadline as well. Defensive play-maker and one of Dame’s favorite teammates, Josh Hart was sent to New York in exchange for former lottery pick, Cam Reddish. 

Reddish averaged 11 points and three rebounds in 20 games for Portland with an individual defensive rating of 119.  

Dame has one season left on his contract with Portland before he has the option to re-sign with the team for $48 million or become a free agent. The upcoming uncertainty around his status in Portland makes its recent transactions even more confusing.  

Anfernee Simons: No one on the Trail Blazers has benefited more from CJ McCollum’s departure more than Anfernee Simons. Portland’s first-round pick from the 2018 draft, Simons posted his first 20-point season in 2022-23, averaging more than 21 points per game.

The Trail Blazers were happy to unload McCollum’s massive contract last year in the midst of a disappointing 27-win season. They were also looking to open up playing time for Simons. He played 35 minutes a night for Chauncey Billups’s squad in his first season as Lillard’s starting backcourt mate.

Last season, Simons’ productivity was directly related to whether or not McCollum played. In 34 games with McCollum, he played 27 minutes a game and averaged 14 points. In 27 games as the Trail Blazers’ starting shooting guard, he upped those numbers to 21 points a night in 34 minutes. 

Simons stepped up in his first full season as a member of the starting lineup by averaging career highs in most statistical categories including points, assists, and rebounds. All while keeping his shooting percentages at the same level of efficiency.

It’ll be interesting to see if Simons has a future in Portland. He’s set to earn nearly $80 million over the next three seasons before his contract runs out. If the Trail Blazers are headed towards another losing season next year, we could see Simons, Lillard, or even both players unloaded as a part of a full-blown roster reconstruction.

Jerami Grant: It’s been an interesting ride through the NBA for Jerami Grant during his first nine seasons in the league. He only played 22 minutes a night over his first five seasons, split between Philadelphia and later Oklahoma City.   

After showing a ton of improvement in his third season with the Thunder, Grant signed a one-year deal for $8 million with the Denver Nuggets in 2019. By signing such a short contract, Grant placed a bet on himself that he could further improve his production and make even more money the following year. 

That bet cashed when Grant signed another deal with the Detroit Pistons in 2020 worth $60 million over three years. He rewarded the Pistons with 21 points per game over his two seasons in Detroit. Ultimately, he wasn’t the right fit for a team in need of young, inexpensive players and the team traded him to the Trail Blazers during the 2022 offseason. 

Grant’s arrival created an intriguing “big 3” in Portland alongside Lillard and Simons. All three players averaged at least 20 points, one of only three teammate trios in the league to do so. Golden State (Stephen Curry, Klay Thompson, and Jordan Poole) and Philadelphia (Joel Embiid, James Harden, and Tyrese Maxey) also had three players averaging at least 20 points per game. 

Grant became an unrestricted free agent at the end of the 2022-23 regular season. 

Trail Blazers props

The Odds Finder tool on TheLines.com allows you to easily search between Portland Trail Blazers team and player props. To view all of the available props in one chart use the search bar below. 

Trail Blazers current season

Portland came into the season with fairly low expectations. Oddsmakers set the team’s win total prop at around 39.5, slightly worse than a .500 record. 

Still, fans in Portland had reason to believe their team would be much better than the previous year, its worst in a decade. Dame and center Jusuf Nurkic were healthy again after missing a combined 85 games in 2021-22. Plus, the recent arrivals of Grant and Josh Hart presented the Trail Blazers with their first legitimate pair of wing defenders in years.

Things were going pretty well early on as the Trail Blazers jumped out to a 10-4 record over the first month of the season. Then, Dame got hurt and the team never really recovered. 

In 24 games without Lillard, the Trail Blazers went 6-18. Even when he did play the team was still below .500, posting a 27-31 record. 

It was also a tough year for their newly-formed “Big 3.” Lillard, Grant, and Simons played in just 44 games together and had a +/- of exactly 0.0 in 24 minutes per game on the floor together.  

By the time the All-Star break arrived in February, Portland found itself sitting 12th in the Western Conference and dead last in the Northwest Division. 

From that point on, only the Detroit Pistons “out-tanked” the Trail Blazers. Detroit went 2-21 after the break compared to Portland’s 5-19 record.  

The Trail Blazers have the 6th-best odds to receive the number one pick in the 2023 NBA Draft. 

Trail Blazers transactions

Portland made one notable transaction during the 2022-23 season, sending Josh Hart to the New York Knicks for Cam Reddish. 

It was a puzzling trade from the Trail Blazers’ perspective. Hart was an incredible defender and glue-guy for Portland, posting 9.5 points, 8.2 rebounds, and 3.9 assists in 51 games. 

Hart is in line to make just $12 million next year, compared to Reddish’s $6 million and it’s fair to say that Hart’s value is more than double that of Reddish. For his career, Reddish has averaged just 10 points a game on 32% shooting from deep.  

How to bet on the Trail Blazers

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 Trail Blazers and Atlanta Hawks.

Trail Blazers -140

Hawks +175

The negative number on the Trail Blazers 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 Trail Blazers as underdogs against the Cleveland Cavaliers:

Trail Blazers +4.5 (-115)

Celtics -4.5 (-115)

Here the oddsmaker has the Cavs 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 Trail Blazers 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 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 Portland Trail Blazers 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 Trail Blazers (-250 on the moneyline) as favorites in their matchup with the Detroit Pistons (+200 on the moneyline). A $100 bet on the Trail Blazers before the game starts would only make a $40 profit. You also know that the Trail Blazers 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 Trail Blazers 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 Trail Blazers 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 Portland (+180 underdogs) to win a game against the Chicago Bulls (-200 favorites), but at halftime the Trail Blazers 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 Trail Blazers and betting on the Bulls moneyline at -300 during halftime, you’re hedging your initial bet on the Trail Blazers 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 Portland 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 Trail Blazers (-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 Portland (-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. 

Franchise History

The Portland Trail Blazers joined the NBA in 1970. Like most expansion teams, the franchise struggled to find success in its first few seasons, failing to record a winning record in the first five years of its existence. 

Then, in one of the biggest turnarounds in NBA history, Portland won the NBA championship in its sixth season in the league. It was head coach Jack Ramsay’s first year with the team and legendary big man, Bill Walton’s second. 

Ramsay continued to coach the Trail Blazers for the next nine years, making the playoffs every year except the 1981-82 season. Portland would enjoy 20 straight years of postseason basketball after that. 

It’s been the Damian Lillard era in Portland since his arrival in 2012. He’s the all-time leader in points and both three-pointers made and attempted. Many consider him the best player in franchise history, although Clyde Drexler makes a case for himself as the franchise’s career leader in minutes played and a number of other categories. 

What are the odds that the Trail Blazers are going to win the championship this year?

There aren’t any available odds for the Trail Blazers to win the championship, since they were eliminated from playoff contention. 

Are the Trail Blazers out of the playoffs?

The Trail Blazers were eliminated from the playoffs in March.