NBA Southwest Division Odds (2026)

Published on: January 16, 2026

Updated on: January 16, 2026

Category: Odds

NBA Southwest Division Odds - Blog - Square Bettor

The following post features NBA Southwest Division Odds (2026).

The NBA Southwest Division odds reflect how sportsbooks currently view each team’s chances of being crowned champion of the NBA’s Southwest Division (Western Conference).

Read: NBA Pacific Division Odds

Related: NBA Northwest Division Odds

As the NBA season progresses, these odds will shift based on performance, injuries, and which teams are best positioned to close out the regular season the strongest.

So, how is the NBA Southwest Division race shaping up? Here’s what you need to know.

NBA Southwest Division Odds (2026)

Below is a table displaying the odds for the NBA Southwest Division Odds (2026). Click here for the very latest odds (via OddsChecker).

Southwest Division Contenders (1-15-2026)

San Antonio Spurs (-220)

The Spurs are the clear Southwest favorites, riding a breakout season powered by Victor Wembanyama’s elite two-way dominance as a rim protector, scorer, and shot-blocker in his third year. De’Aaron Fox provides explosive speed and scoring in the backcourt, Stephon Castle offers Rookie of the Year-caliber growth with playmaking and defense, and recent draft additions like Dylan Harper add high-upside depth. With strong health for Wemby (post-blood clot recovery) and continuity, their defensive identity, young core progression, and improved offense make them dominant in the division and positioned for a deep playoff push.

Houston Rockets (+195)

The Rockets remain strong contenders despite slipping behind San Antonio, anchored by Kevin Durant’s veteran scoring and efficiency after his blockbuster arrival, paired with Alperen Sengun’s interior playmaking and Amen Thompson’s athletic two-way upside. Ime Udoka’s defensive schemes keep them elite on that end, with young talent providing depth and energy. They won the division last year and have the experience to challenge if they stay healthy and gel fully, though the Spurs’ surge has made it a tougher race in a competitive Texas-heavy group.

Dallas Mavericks (+100000)

The Mavericks are long shots in rebuild/retool mode after trading Luka Dončić last season, now built around the No. 1 pick Cooper Flagg’s high-upside rookie impact, Anthony Davis’s two-way veteran presence in the frontcourt, and Kyrie Irving’s scoring bursts (with Klay Thompson adding shooting). Depth and veteran savvy offer flashes, but integration issues, injury concerns, and a transitional phase limit their ceiling—focusing more on development and future contention than realistic division contention this year.

Memphis Grizzlies (+100000)

The Grizzlies sit deep in long-shot territory amid ongoing inconsistency, centered on Ja Morant’s dynamic scoring and playmaking when healthy, backed by Jaren Jackson Jr.’s defensive versatility and rim protection. Role players like Santi Aldama provide support, but injury history (Morant and Jackson missing significant time) and lack of a clear third option cap their upside. Defensive potential exists, but they’re more focused on health and growth than challenging for Southwest relevance in a stacked division.

New Orleans Pelicans (+100000)

The Pelicans are lottery-bound long shots, prioritizing Zion Williamson’s health and explosiveness as the centerpiece alongside Trey Murphy III’s scoring. The roster features solid pieces for spacing and defense, but chronic injuries, chemistry struggles, and limited depth have plagued them. High-upside flashes occur with Williamson on the floor, but they’re rebuilding-focused with low expectations for division contention this season amid Western Conference depth.

NBA Southwest Division Winners (2017-Present)

The table below highlights every NBA Southwest Division winner since 2017.

Year

Team

2025-26

TBD

2024-25

Houston Rockets

2023-24

Dallas Mavericks

2022-23

Memphis Grizzlies

2021-22

Memphis Grizzlies

2020-21

Dallas Mavericks

2019-20

Houston Rockets

2018-19

Houston Rockets

2017-18

Houston Rockets

2016-17

San Antonio Spurs

2024-25 NBA Southwest Division Results

In the 2024-25 Southwest Division, the Houston Rockets won the title with a 52-30 record, claiming the division crown behind Ime Udoka’s elite defensive schemes, Alperen Sengun’s interior dominance, and breakout contributions from young talent like Amen Thompson and Jalen Green, propelling them to a top Western seed and playoff contention. The Memphis Grizzlies finished second at 48-34, fueled by Ja Morant’s dynamic returns when healthy and Jaren Jackson Jr.’s defensive impact, making the playoffs after overcoming injury absences. The Dallas Mavericks took third at 39-43, leaning on Kyrie Irving’s scoring bursts and veteran pieces after Luka Dončić’s midseason trade, but integration issues and injuries limited their ceiling. The San Antonio Spurs placed fourth at 34-48, showing promising growth with Victor Wembanyama’s two-way brilliance in his second year, supported by solid guard play and depth, though youth and inconsistency held them back. The New Orleans Pelicans brought up the rear at 21-61, struggling through severe injuries to Zion Williamson and Brandon Ingram, chemistry challenges, and limited depth that resulted in a lottery-bound season with few bright spots.

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