Pelicans Odds: Playoff Chances, NBA Finals Odds, and More
Here's a quick look at the latest Pelicans odds across several futures markets. The odds below are from bet365 Louisiana and the percentage is the implied probability of that event happening.
| 📉 Pelicans Play-In Odds | OTB |
| 🥇 Pelicans Southwest Division Odds | OTB |
| đź‘‘ Pelicans Western Conference Odds | +200000 (.05% chance) |
| 🏆 Pelicans NBA Championship Odds | +400000 (.02% chance) |
| âś… Odds Last Verified | February 18, 2026 |
Pelicans NBA Championship Odds
The Pels' championship odds are long at +400000 at DraftKings. Other Louisiana betting apps have New Orleans sitting near the bottom of the futures market as well.
Pelicans Western Conference Odds
The Pelicans' Western Conference odds are +20000 at DraftKings, giving them a 0.2% chance. The New Orleans Pelicans are expected to have a difficult season, with many predicting a gloomy outcome due to their poor start and the struggles they faced last year.
Pelicans Playoff Chances
Similar to their other futures odds, the Pelicans' odds to make the playoffs aren’t promising. Currently, the Pelicans' playoff odds are off the board.

Where Can I Bet on the Pelicans?
If you’re at least 21 and in a state where sports betting is legal, you can bet on the Pelicans through both online and retail sportsbooks. Louisiana approved sports betting in November 2020, with retail sportsbooks launching in October 2021 and mobile wagering going live on January 15, 2022.
Pelicans Betting Promos
Currently, there are no new user Louisiana betting promos specifically for the Pelicans. But any of the sign up bonuses can be used to bet on the Pelicans and most operators will have ongoing promos to take advantage of, especially during the playoffs. Pels fans can expect to find odds boosts, parlay boosts, and no sweat bet offers throughout the NBA season.
- Must be 21+ to participate (18+ in KY). Gambling problem? Call 1-800-GAMBLER (CO, IL, IA, KY, KS, LA, MD, MO, NC, NJ, OH, PA, TN, VA). Call 1-800-NEXT-STEP (AZ). Call 1-800-9-WITH-IT (IN). CALL 1-877-770-STOP (LA). Must be present in LA (select parishes). Licensee partner Amelia Belle Casino. Minimum $10 deposit required. Minimum odds -500 or greater. Bonus Bets wager excluded from returns. New customers only. T&Cs, time limits and exclusions apply.
- Gambling problem? Call 1-800-GAMBLER (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA), 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. This promotional offer is not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.
- 21+. New customers in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, NC, NJ, OH, PA, TN, VA, VT, WV, or WY (excludes NY). Apply promotion in bet slip and place a $1+ cash wager (min odds -500) daily for 10 consecutive days starting day of account creation. Wager must settle as a loss to earn FanCash equal to losing amount (max $200 FanCash/day). FanCash issued under this promotion expires at 11:59 p.m. ET 7 days from issuance. Terms, incl. FanCash terms, apply—see Fanatics Sportsbook app. Gambling Problem? Call or Text 1-800-GAMBLER, 1-800-NEXT-STEP (AZ), 1-800-9-WITH-IT (IN), 1-888-532-3500 (VA).
- Must be 21+ and physically present in AZ, CO, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MO, NJ, NY, NC, OH, PA, TN, VA, WV, WY or Washington, DC. New users only. Must register using eligible promo code. First wager after registration must qualify. Min. Odds: -500. Max. Bonus Bet: $250. Awarded as non-withdrawable Bonus Bet that expires 14 days after receipt. Bonus Bet amount not returned for winning bets. Void where prohibited. See http://Caesars.com/promos for full terms. Know When To Stop Before You Start®. Gambling Problem? CO, IL, KY, MD, MI, MO, NJ, OH, TN, VA, WV, WY, KS (Affiliated with Kansas Crossing Casino), ME (Licensed through the Mi’kmaq Nation, Penobscot Nation, and Houlton Band of Maliseet Indians, federally recognized tribes located in the State of Maine), NC (Licensed through Tribal Casino Gaming Enterprise), PA (Affiliated with Harrah's Philadelphia): If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) or MD: visit http://mdgamblinghelp.org or WV: visit http://1800gambler.net ; AZ: Call 1-800-NEXT-STEP; IN: Call 1-800-9-WITH-IT; IA: Call 1-800-BETSOFF; LA (Licensed through Horseshoe Bossier City and Caesars New Orleans), Washington, DC (OLG Class A licensed Operator): Call 1-800-522-4700. ©2025, Caesars Entertainment Gambling Problem? Call 1-800-GAMBLER DC, LA: Call 1-800-522-4700 MA: Call 1-800-327-5050 or visit http://gamblinghelplinema.org NY: Call 877-8-HOPENY or text HOPENY (467369)
- Must be 21+ to participate. T&Cs Apply. Play Responsibly. Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, KY, LA, MD, MS, NJ, OH, PA, VA, WV, WY), Call 1-800-9-WITH-IT (IN), Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI), Call 877-718-5543 or visit morethanagame.nc.gov. (NC), Call or Text 800-889-9789 (TN).
- GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-522-4700, (800) 327-5050 or visit http://gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit http://ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). Pass-thru of per wager tax may apply in IL. 1 per new customer. Must register new account to receive reward Token. Must select Token BEFORE placing min. $5 bet to receive $200 in Bonus Bets if your bet wins. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Bet must settle by and Token expires 3/15/26. Bonus Bets expire in 7 days (168 hours). Stake removed from payout. Terms: http://sportsbook.draftkings.com/promos . Ends 3/8/26 at 11:59 PM ET. Sponsored by DK.
Pelicans Playoff History
In their 23-season history, the Pelicans have struggled to find postseason success. They’ve made the playoffs eight times but advanced past the first round only twice, and in both cases, their runs ended in the conference semifinals.
Have the Pelicans Ever Won Their Division?
The Pelicans have captured a division title just once, during the 2007–08 season. Last year, they finished with the Western Conference’s worst record, missing the playoffs after making a postseason run the year before. New Orleans is once again near the bottom of the conference this season.
Pelicans Odds FAQ
The New Orleans Pelicans are not in the playoffs because it is only February, and there is plenty of season left. But most sportsbooks don’t have much faith in the Pelicans, as their odds to make the Play-In have been removed.
The Pelicans have some of the longest odds to win the NBA Championship, with +400000 odds at DraftKings sportsbooks. This gives New Orleans a slim 0.02% chance to win it all this year. These odds will fluctuate throughout the season.
The Pelicans are currently in 14th place in the Western Conference. New Orleans has stumbled out of the gate with a 15–40 record, hampered by injuries and a weak third-quarter defense. After posting the worst record in the conference last season, the Pelicans look to have another difficult season.
Author

Cody Kutzer has been covering the sports betting and gambling space for several years and has been losing his parlay bets for even longer. He currently serves as an editor and fact-checker for LouisianaBets.com to ensure readers have the latest and most accurate information about Louisiana sports betting.