The 2024 Emirates NBA Cup — formerly known as the In-Season Tournament — has finished the Group stage, with 30 teams whittled down to eight.
Two teams finished 4-0 in round-robin play, and unsurprisingly are among the Top 3 NBA Cup odds favorites, with the New York Knicks the biggest favorite based on a favorable matchup.
Here are the latest odds to win the NBA Cup ahead of next week's quarterfinal play.
2024 NBA Cup odds
Favorites to win 2024 NBA Cup
The favorites right now are the New York Knicks, who finished 4-0 but were second in the East due to point differential — but that worked in their favor, as they host the Atlanta Hawks in their quarterfinal matchup and are as short as +310.
Second on the board is the Western Conference favorite Oklahoma City Thunder, who are as short as +375 after finishing 3-1 and will entertain the Dallas Mavericks in the QF.
The Milwaukee Bucks (4-0) finished first in the East, but have a matchup with a 3-1 Orlando Magic squad in the quarterfinals, while the Golden State Warriors round out the favorites, sitting as short as 5/1 with a matchup at Houston incoming.
NBA Cup schedule and odds
Here is the NBA Cup schedule for the quarterfinal round:
Tuesday, December 10
- Magic at Bucks (7:00 p.m. ET, TNT)
- Mavericks at Thunder (9:30 p.m. ET, TNT)
Wednesday, December 10
- Hawks at Knicks (7:00 p.m. ET, ESPN)
- Warriors at Rockets (9:30 p.m. ET, TNT)
Here are the live NBA odds for those quarterfinal games:
NBA Cup groups
The league's 30 teams will all compete in randomly drawn groups for the opening round, divided by conference, as listed below:
| East Group A | East Group B | East Group C |
|---|---|---|
 New York Knicks? |
 Milwaukee Bucks? |
 Boston Celtics |
 Orlando Magic ? |
 Indiana Pacers |
 Cleveland Cavaliers |
 Philadelphia 76ers |
 Miami Heat |
 Chicago Bulls |
 Brooklyn Nets |
 Toronto Raptors |
 Atlanta Hawks? |
 Charlotte Hornets |
 Detroit Pistons |
 Washington Wizards |
| West Group A | West Group B | West Group C |
|---|---|---|
 Minnesota Timberwolves |
 Oklahoma City Thunder? |
 Denver Nuggets |
 Los Angeles Clippers |
 Phoenix Suns |
 Dallas Mavericks? |
 Sacramento Kings |
 Los Angeles Lakers |
 New Orleans Pelicans |
 Houston Rockets ? |
 Utah Jazz |
 Golden State Warriors? |
 Portland Trail Blazers |
 San Antonio Spurs |
 Memphis Grizzlies |
?: Group winner
?: Wild Card
NBA Cup explained
Group Play
Each team will begin the tournament in one of six groups, divided by conference and randomly drawn from tiers based on the previous season's record, to ensure relative competitive balance.
Within each group, all teams will play regular-season games against each other on designated Tournament Nights from November 12-December 3. Their records in those games determine who advances to the Knockout Round.
Knockout Round
The Knockout Round is comprised of eight teams:
- The winners of each of the six groups
- A wild-card team from each conference (the second-place team with the best record)
The Knockout Round is a single-elimination bracket. Teams in each conference with the best record will get homecourt advantage in these matchups.
The semis and finals take place in Las Vegas on December 14 and 17, with the winner of each conference facing off for the NBA Cup.
Teams that make the knockout round will be awarded portions of an as-of-yet undisclosed prize pool, increasing the further they make it. A Tournament MVP and All-Tournament Team will also be awarded after play has concluded.
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Understanding NBA Cup odds
Sportsbooks will post odds for the NBA Cup during the prior offseason. These odds are adjusted throughout the season as players switch teams, show steady improvement, or are injured. Sportsbooks will also adjust the NBA odds based on handle and liability to certain teams.
NBA Cup odds will usually look like this:
- Los Angeles Lakers +1,300
This means that on a $100 bet, you'll stand to win $1,300 if the Lakers win the tournament. If it's close to the end of the tournament and the NBA has a particularly dominant team, you might see a minus sign (-) ahead of its odds.
- Denver Nuggets -180
This means you have to bet $180 to win $100 on a Nuggets tournament win.
Above we have listed the American odds. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool. And don't forget to check out our NBA forum if you're interested in chatting with other basketball bettors about NBA odds.
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2024 NBA Cup MVP odds
Read our full NBA In-Season Tournament MVP odds analysis to learn more.
