Chicago Bulls Odds

When it comes to betting on the Chicago Bulls, Illinois sports bettors have lots of options, including several online sportsbooks. And while the team is still a long way from returning to the glory days of Michael Jordan and multiple NBA titles, Chicago has recently had a team worth betting on many nights.

After enduring several years languishing in the Eastern Conference’s bottom tier, the Bulls have made strides more recently but still look to improve. The Bulls finished the 2023-24 season 39-43 and in 9th place in the Eastern Conference. That once again landed them in the Play-In Tournament, but for the second straight year they failed to advance to the NBA Playoffs.

Here’s a full guide to betting on the Chicago Bulls, including all the latest odds and information regarding the team.

Tonight’s Bulls spread

During the season, look below for the Bulls spread odds from three top Illinois online sportsbooks. Click any odds to go right to sportsbook and claim your bonus.

Bulls Finals, Eastern Conference Odds

Below you can find current odds from IL online sportsbooks for the Bulls’ odds to win the the Central Division, the Eastern Conference, or the NBA Finals.

DeMar DeRozan MVP, Prop Odds

Has DeMar Derozan put an MVP caliber season together? See below for the latest DeRozan prop & MVP odds from top Illinois online sportsbooks.

Betting on the Bulls in Illinois

You can bet on Bulls games at any of the Illinois online sportsbooks or at any of Illinois eight retail sportsbooks. That means you can bet on the moneyline, the point spread, the total, or any number of player, team, and game props.

For example, let’s say the Bulls are facing the New York Knicks. The Bulls are 3.5-point favorites and are -165 on the moneyline. The point total over/under is 210.

If you take the Bulls at -3.5, they have to win the game by four or more points for your spread bet to cash. If you bet on the Bulls at -165 on the moneyline, that means they need to win the game in order for your bet to cash. At -165 odds, a $16.50 wager would net you $10.

Finally, if the Bulls and Knicks combine to score over 210 points, you will win. Sportsbooks also offer individual and game props. You can bet on anything from Zach LaVine’s point total to the first quarter spread.

How did the Bulls do last year?

As noted above, the Bulls put together a 39-43 record in the 2023-24 NBA regular season. The Bulls finished with the 9th-best record in the Eastern Conference, landing them a spot in the NBA Playoffs Play-In Tournament. They had a nice moment when routing the Atlanta Hawks in the first game of the Play-In, but the Bulls were then routed themselves by the Miami Heat to miss a playoff spot.

It was the fourth season under head coach Billy Donovan. Through four seasons with the Bulls, Donovan has a 156-162 record.

DeMar DeRozan led the team in scoring at 24.0 ppg and in assists at 5.3 apg, and while he did not earn a spot for the Eastern Conference in the 2023-24 NBA All-Star many thought he deserved one. Providing support to DeRozan in the scoring column were the trio of Zach LaVine (19.5 ppg), Coby White (19.1 ppg), and Nikola Vucevic (18.0 ppg), with Vucevic also once again leading the way in rebounding with 10.5 rpg. 

Team records

Here is Chicago’s regular-season record for every year over the last decade:

  • 2024: 39-43 (made Play-In Tournament, missed playoffs)
  • 2023: 40-42 (made Play-In Tournament, missed playoffs)
  • 2022: 46-36 (lost 1st round, 4-1 to Milwaukee)
  • 2021: 31-41 (missed playoffs)
  • 2020: 22-43 (missed playoffs)
  • 2019: 22-60 (missed playoffs)
  • 2018: 27-55 (missed playoffs)
  • 2017: 41-41 (lost 1st round, 4-2 to Boston)
  • 2016: 42-40 (missed playoffs)
  • 2015: 50-32 (won 1st round, 4-2 over Milwaukee; lost 2nd round, 4-2 to Cleveland)

Where is the United Center?

The United Center is located on the west side of Chicago, at the address 1901 W. Madison St. It is also home to the Chicago Blackhawks, the city’s NHL franchise. Here are a few more things to know about the arena:

  • Location: Chicago
  • Owner and Operator: United Center Joint Venture: Chicago Bulls, Chicago Blackhawks (50% each)
  • Capacity: About 23,000
  • Ground Breaking: April 6, 1992
  • Construction Cost: $175 million
  • Opening Date: Aug. 18, 1994
  • Also Hosts: Chicago Blackhawks, concerts and events

How to watch, stream and listen to Bulls games

Bulls games air locally on NBC Sports Chicago on TV, and on 670 The Score on the radio. You can stream games by purchasing NBA League Pass if you are out of market.

You can also stream games via NBC Sports Chicago by downloading the My Teams app, which requires a cable subscription.

History of Chicago Bulls

The Bulls are one of the most well-known franchises in the world, mostly thanks to Michael Jordan.

  • Established: 1966
  • Retired numbers: 4, 10, 23, 33
  • Seasons: 55
  • Record: 2383-2297 (.509)
  • Playoff Appearances: 35
  • Conference Championships: 6
  • World Championships: 6
  • Winningest Coach: Phil Jackson, 545-193 (.738)

Chicago Bulls FAQ

Jerry Reinsdorf owns the Bulls, in addition to the Chicago White Sox. The former IRS Tax Attorney has owned both teams for over 35 years. Reinsdorf purchased the team in 1985, the year after the Bulls drafted Michael Jordan, for $16.2 millionDick Klein founded the Bulls in 1966.

According to most analyses, Chicago Bulls tickets are among the most expensive in the NBA, although they are not the most expensive. While the Knicks, Warriors, Celtics, and Lakers usually top the lists, the Bulls have recently ranked just outside the top five when it comes to average ticket cost with an average price of around $120. That said, you can get cheap seats in the upper balcony at the United Center for as low as $24.

The Bulls have won six championships, all in the 1990s. They won in 1991, 1992, 1993, 1996, 1997 and 1998. In 2020, ESPN unveiled a 10-part documentary titled The Last Dance, chronicling the Bulls’ dynasty.

Chicago is 6-for-6 in NBA Finals appearances. Michael Jordan, Scottie Pippen and Phil Jackson were around for all six of those titles, while Dennis Rodman, Toni Kukoc, Horace Grant, Steve Kerr and several others also played key roles.

The latest Forbes valuation estimated the Chicago Bulls to be worth $4.6 billion.

The Bulls have had 13 players and three coaches inducted into the Hall of Fame. Among the most notable names are Michael Jordan, Scottie Pippen, Dennis Rodman and Phil Jackson. Jerry Sloan and Artis Gilmore are among the other prominent Bulls to enter the Hall of Fame.

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