NBA Betting Odds: Florida NBA Teams To Watch in 2026

NBA Betting Odds: Florida NBA Teams Odds for 2026

The 2025-26 season is underway and we will be covering all the important news you need to know about the Orlando Magic and the Miami Heat.

Florida Sports Betting offers odds on the Magic, Heat, and every NBA team. To help you get started, we compiled everything you need to know about betting on the NBA in Florida.

Miami Heat Odds

The Miami Heat struggled mightily in the 2024-25 season, clawing their way toward the Play-In games. The Heat managed to win both play-in games, knocking off the Chicago Bulls before taking down the Atlanta Hawks. Unfortunately, they fell apart completely against the Cleveland Cavaliers, enduring a four-game sweep. The Heat hope for better results this season, but oddsmakers don't have much faith in them.

Heat NBA Finals Odds	+12000 (0.8% chance)
Heat Eastern Finals Odds	+2500 (3.9% chance)
Heat Southeast Division Odds	+330 (23.3% chance)
Heat Playoff Odds	-140 (58.3% chance)
Heat Wins (46.5) Odds Over	-106 (51.5% chance)
Heat Wins (46.5) Odds Under	+118 (45.9% chance)

Orlando Magic Odds

The Orlando Magic endured a plethora of injuries in the 2024-25 season, causing them to tumble down the standings. Although they made the playoffs, they did little to no damage once they arrived, as they fell to the Boston Celtics in the First Round. Now, they hope for better health, and for Paolo Banchero, Franz Wagner, and the team to take the next step and give Orlando a chance to make the NBA Finals for the first time since 1995.

Magic NBA Finals Odds	+5000 (1.9% chance)
Magic Eastern Finals Odds	+1200 (7.7% chance)
Magic Southeast Division Odds	+120 (45.6% chance)
Magic Playoff Odds	-425 (80.9% chance)
Magic Wins (42.5) Odds Over	-105 (51.2% chance)
Magic Wins (42.5) Odds Under	-115 (53.5% chance)

Florida NBA FAQs

There are currently two NBA teams in Florida. The Miami Heat and Orlando Magic have held the mantle over the last four decades, and both play in the Southeast Division in the Eastern Conference. They maintain an intra-state rivalry called the Sunshine State rivalry.

You can find all the legal online sportsbooks like FanDuel, Caesars, DraftKings, and BetMGM for any up-to-date moneyline, spread, totals, props, and futures odds that involve the Magic or the Heat. Odds are constantly changing during the NBA season, so always be sure to keep up with trending news.

Odds vary from sportsbook to sportsbook, but the Magic currently have +5000 odds, which translates to a 1.9% chance, of claiming the Larry O'Brien Trophy. However, the odds for the Heat are much worse, as they sit at +12000, which translates to a 0.8% chance of winning it.

Yes, Florida is among the states where online sports betting is legally available, allowing anyone of legal age in the state to place wagers at licensed Florida sportsbooks. Floridians can bet on the moneyline, point spread, over/under, prop bets, and other NBA-related markets.

Author

Editorial Staff

From the FloridaBet.com Staff.