Best Bulls Betting Lines 2023
After finishing below .500 in 2020-21, the Chicago Bulls bounced back with an impressive campaign in 2021-22. Billy Donovan led the team to its first playoff appearance since 2017, DeMar DeRozan was a legitimate MVP candidate, and Zach LaVine continued to prove that he’s one of the league’s best scorers.
Unfortunately, Chicago’s regular-season success didn’t translate to the postseason. The Bulls lost 4-1 to the Bucks after stumbling through the second half of the year, leading to their early first-round exit from the playoffs.
Can Chicago bounce back in 2023? Let’s take a closer look at the Bulls betting odds for the 2022-23 NBA season.
Bulls Futures Betting Odds
Note: All NBA gameday odds and lines are current as of Wednesday, Oct. 5, at 12 p.m. ET and courtesy of FanDuel Sportsbook. You can find more odds at these US betting sites. Be aware that these NBA futures odds may change as the season approaches.
- Win Total: Over 41.5 (-120) / Under 41.5 (-102)
- Make Playoffs: Yes (-134) / No (+110)
- Win Central Division (+600)
- Win Eastern Conference (+2500)
- Win 2023 NBA Finals (+5000)
🏀 to place any of these Bulls futures bets at FanDuel Sportsbook.
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Bulls NBA Finals Odds
Bulls Win 2023 NBA Finals (+5000)
I like this Bulls team, but the (+5000) odds they have to win the NBA title is an appropriate price. Unless they somehow land one of the league’s best players via trade, they don’t have a shot at winning the 2023 NBA Finals.
There are many teams with significantly more talent than Chicago has on its roster.
Bulls Eastern Conference Odds
Bulls Win Eastern Conference (+2500)
The Chicago Bulls are a good team, but they have the misfortune of being the one Eastern Conference playoff contender that didn’t improve enough this offseason. Goran Dragić and Andre Drummond are nice veteran additions, but do they really move the needle that much?
The Celtics, 76ers, Cavaliers, and Hawks all did plenty more to improve their rosters over the summer, and I’d bet on those teams to win the Eastern Conference before considering a wager on the Bulls.
Bulls Central Division Odds
Bulls Win Central Division (+600)
The Bulls are clearly the third-best team in their division. The Pistons and Pacers are both rebuilding, but the Cavaliers and Bucks are ahead of Chicago when it comes to championship readiness.
As far as regular-season success goes, I don’t foresee the Bulls finishing with the best record in the Central by any means. The Bucks have won it four years running, and the new look Cavaliers are more of a threat to Milwaukee than Chicago.
Bulls Make Playoffs Odds
Bulls Miss the Playoffs (+110)
This is an interesting one. The Bulls got into the playoffs as the No. 6 seed in 2021-22, and seeing as how the team hasn’t gotten any worse since then, it seems fair to assume that they should be able to reach that mark again, no?
Well, not exactly. Chicago looks like a bonafide bubble team this season, and based on the odds we’re getting on them to miss the playoffs, I’d rather roll with them to do so.
The Bucks, Heat, Celtics, 76ers, Raptors, Cavaliers, and Nets should all be shoo-ins to make the playoffs. That leaves one spot up for grabs between the Hawks, Bulls, Knicks, and maybe the Wizards. Of that group, I have to think that Atlanta — which added All-Star Dejounte Murray over the summer — will secure the final spot.
Bulls Win Total Bets 2023
Bulls UNDER 41.5 Wins (-102)
Wins will be hard to come by this season in the Eastern Conference. The list of teams that made significant improvements over the summer is long, and it even includes a few non-playoff teams like the Knicks and Pistons.
Considering that the Bulls won 46 games in a weaker East last season, this 41.5 mark seems to be appropriately set and priced. However, I’m still leaning toward the value and going with the Under here.
Bulls Prop Bets 2023
Bulls Make the Play-In Tournament (-110)
I may not see the Bulls landing a spot in the playoffs, but I love the value we get here on them to make the Play-In tournament, or, in other words, to finish between the 7-10 range in the Eastern Conference standings.
I anticipate that the Bulls will hang around this range all season, and whether they enter the Play-In as the No. 7 or the No. 10 doesn’t matter here. I’m way in on this prop.
How to Bet Bulls Moneylines
Moneylines are the easiest type of NBA bet you can make. All you have to do is pick the winner of the game, and if you choose correctly, your bet will win. That’s all there is to it.
In a game, there will be a favorite and an underdog. The favorite is indicated by a minus symbol, which will appear next to that team’s odds. For example, the Bulls may be a (-240) favorite against the Pacers. In this scenario, you would need to bet $24 on Chicago to win $10.
On the other hand, an underdog will be indicated by a plus symbol. If the Bulls are up against the Bucks, they may be a (+180) underdog. Here, you’d only need to bet $10 to win $18.
- 2021-22 Bulls Moneyline Record: 46-36
How to Bet Bulls Spreads
Spread betting takes moneylines a step further by introducing a point spread, which could also be described as the margin of victory. With this factor introduced, both teams get the same (-110) odds.
Favorites and underdogs are present with these types of bets as well. However, the indicating symbol will be next to that team’s margin of victory (or defeat) instead.
For example, against the Pacers, the Bulls might be favored by 9.5 points. This means that if the Bulls win by more than 9.5 points, they would cover the spread. However, the if the Pacers win the game outright or lose by less than 9.5 points, they would cover the spread instead.
- 2021-22 Bulls Against the Spread Record: 42-39-1
How to Bet Bulls Over/Unders
Over/Under bets — or totals — are simply a bet on the total number of points that you believe will be scored in a given game. Like spreads, this number is also chosen before the game by oddsmakers, and it’s up to you to decide whether the actual total will be above or below their projected one.
In a game against the Bucks, the total might be set at 228.5 points. This means that the Over would hit if more than 228.5 total points are scored, while the Under would hit if the number comes in below 228.5 points.
- 2021-22 Bulls Over/Under Record: 40-40-2
