The most recent Chicago Bulls odds have decreased from a week ago as the team has only made minor roster changes and has not made any significant signings in free agency.
However, the rest of the league is improving, which is causing the latest odds for the Chicago Bulls to decrease.
Thanks to the year-round nature of Illinois sports betting, wagering on the NBA is always an option. If you have a strong feeling about a team, the current basketball odds may be appealing to you.
What free agents did the Bulls sign?
NBA free agency is the most exciting part of the league’s summer, with teams eager to sign new players after the window opened on June 30.
The Chicago Bulls made a major move by re-signing Zach LaVine, a two-time All-Star and gold medalist, to a five-year max contract exceeding $215 million.
The team’s big win for fans ensured that it would not collapse over the summer, preserving the team as fans know it.
However, looking ahead to next season, it seems that the Bulls are essentially back at square one. This is why oddsmakers are pessimistic about the team’s prospects for next year.
Chicago ended the regular season with a 46-36 record, but faltered in the final stretch which resulted in a first-round playoff defeat against the Milwaukee Bucks.
The Bulls re-signed LaVine and added veterans Drummond and Dragic to the roster. Despite keeping the core intact, Illinois sportsbooks have placed the team’s odds in the middle of the pack for the upcoming season.
Chicago Bulls latest betting odds
Prior to the beginning of free agency, DraftKings Illinois listed the Bulls with odds of +3,500 to win the 2025 NBA Championship, ranking them as the 13th team with the best chance of winning next season.
Since then, things have declined.
In brief, this is because other teams in the league are making bold offseason moves to improve their performance.
The Timberwolves made a bold move to acquire Rudy Gobert, a rumored target for the Bulls in the offseason. The Hawks also made a big trade for Dejounte Murray, an All-Star player. Add in Kevin Durant’s trade request, and the league is experiencing a lot of changes and turmoil.
The lack of action from Chicago has caused sportsbooks in Illinois to lower the team’s odds. DraftKings now has the Bulls at +4,500 to win the 2025 title, a significant decrease from their previous position.
It is expected that the odds will fluctuate leading up to the start of the next season. Here are the latest live odds for the team:
