The Golden State Warriors beat the Cleveland Cavaliers 129-120 in Game 5 to clinch the NBA championship on Monday night. It is the second title for Golden State in three years and what many believe to be the beginning of a dynasty. The Warriors enter the offseason as historic favorites to repeat.

Fresh off the title win BetOnline has listed Golden State as -150 favorites to win next year’s championship. That is the biggest preseason favorite since 2006 according to SportsOddsHistory.

YearPreseason FavoriteOdds
2017Warriors-128
2016Cavaliers+270
2015Cavaliers+275
2014Heat+200
2013Heat+200
2012Heat+225
2011Heat+175
2010Lakers+225
2009Lakers+300
2008Spurs+350
2007Mavericks+400
2006Spurs+180

Consider that the Miami Heat, after winning back-to-back titles and making three straight Final appearances, were “just” +200 to three-peat in 2014. The implied odds of Miami winning that season was 33.3% while the odds suggest the Warriors will repeat 60.0% (150/(100+150)) of the time.

LeBron James and the Cleveland Cavaliers are the second choice at +450. The Cavs are the only other team with single digit odds to win the title.

The San Antonio Spurs and Boston Celtics, conference finals runner-ups, are +1000 and +1600 respectively. The Houston Rockets are +2500 and no other team has odds better than +4000.

The Brooklyn Nets, Phoenix Suns and Sacramento Kings are the biggest longshots at +50000.

These odds could change if players like Chris Paul, Blake Griffin or Gordon Hayward change teams in free agency but the Warriors and Cavs will remain the favorites.

2018 NBA Title Odds

TeamOdds
Golden State Warriors -150
Cleveland Cavaliers +450
San Antonio Spurs +1000
Boston Celtics +1600
Houston Rockets +2500
Los Angeles Clippers +4000
Washington Wizards +4000
Milwaukee Bucks +5000
New Orleans Pelicans +5000
Oklahoma City Thunder +5000
Toronto Raptors +5000
Utah Jazz +5000
Memphis Grizzlies +8000
Chicago Bulls +10000
Denver Nuggets +10000
Indiana Pacers +10000
Los Angeles Lakers +10000
Minnesota Timberwolves +10000
Orlando Magic +10000
Philadelphia 76ers +10000
Charlotte Hornets +12500
Dallas Mavericks +12500
Detroit Pistons +12500
Miami Heat +12500
Portland Trail Blazers +12500
Atlanta Hawks +15000
New York Knicks +15000
Brooklyn Nets +50000
Phoenix Suns +50000
Sacramento Kings +50000