WNBA Championship Odds 2026: Aces Back on Top as Favorites

The Las Vegas Aces lead the way as the betting favorites to win the 2026 WNBA championship via the latest odds at the BetMGM online sportsbook.

Find the updated WNBA odds in the table below:

Odds to Win the 2026 WNBA Championship

WNBA Title Odds 2026: Aces Back on Top

The Las Vegas Aces have returned to being the betting favorites to win the 2026 WNBA championship. The Aces are +250 to win it all, giving them an implied probability of 28.57%.

The Aces opened as +300 favorites, but were passed by the Minnesota Lynx in December. Minnesota, which started at +400, was trading at +250 to win the title in December.

However, the Aces leapfrogged the Lynx after it was announced that Napheesa Collier had surgery on both ankles. Collier is expected to be out four to six months, which could mean her return to the court is as late as June.

This early movement has been fun to follow, considering these are two of the biggest championship contenders. The Lynx were the best team in the league last year, though the Aces ultimately won the championship.

The Aces won their third title in four years, earning a 4-0 sweep over the Phoenix Mercury in the 2025 WNBA Finals. However, the Aces’ championship run was anything but ordinary. They were 12-13 and trading at +2200 to win the title in late July. 

The Lynx and New York Liberty were actually the betting favorites for much of the 2025 campaign. Minnesota fell in the semifinals, and New York was eliminated in the first round. There were four different title favorites between the Liberty, Lynx, Mercury, and Aces.

And yet, the 2026 WNBA championship market might feature even more volatility.

For one, it remains unclear if there will be a season or when it will begin. The current Collective Bargaining Agreement (CBA) has expired, and a new deal must be agreed to before the WNBA can resume.

Assuming a new CBA is in place, there could be a ton of player movement this offseason. Most non-rookie-scale players opted to let their contracts expire this winter in hopes of landing a bigger payday in 2026. That means many of the best players are technically unrestricted free agents, including the Aces’ entire core.

As a result, I don’t see any reason to get involved in this market before rosters can even start to take shape. At first glance, I’m intrigued by the value of the Golden State Valkyries, who became the first expansion team ever to make the playoffs in their first season.

Natalie Nakase won the WNBA’s Coach of the Year award, guiding a team of role players to a 23-21 record. If the Valkyries can convince a star player to go to San Francisco, this team could quickly become a championship contender.

Golden State, which began as a 125/1 long shot last year, set a high bar for expansion teams. The Portland Fire and Toronto Tempo are 250/1 long shots entering their first year as expansion franchises.

List of Past WNBA Champions