Stephen Curry Warriors 2014
Led by star point guard Stephen Curry, the Golden State Warriors have surged to the top of the Western Conference.

The Cleveland Cavaliers remain the favorite to win the 2015 NBA Finals, but the young and hard-charging Golden State Warriors and Toronto Raptors are quickly rising up Las Vegas sports books.

LeBron James and the Cavs began the season as 5/2 favorites, and those odds have slightly shifted down to 7/2, but both Golden State and Toronto made huge leaps according to the latest odds from

Spurred by their 16-game win streak and the Western Conference’s best record of 22-3, the Warriors odds of winning the franchise’s first title in 40 years rose from 16/1 to 5/1. Star point guard Stephen Curry, who’s fifth in the league in scoring (23.9 ppg) and seventh in assists (7.6), has also arguably surpassed James as the prohibitive favorite to win the MVP award.

Golden State also possesses maybe the most balanced team in the league, ranking second in scoring and ninth in defense, and has benefited from a breakout year from small forward Draymond Green. The Warriors are still behind defending West champs San Antonio, who sit at 9/2 behind Cleveland but is also 17-9 and currently seventh in the conference.

The Raptors have surged to the top of the Eastern Conference despite the loss of guard and No. 2 scorer DeMar DeRozan. Notching 19.4 points per game, DeRozan went down with a torn tendon in his groin on Nov. 28. Point guard Kyle Lowry has picked up the slack, as Toronto has gone 7-2 in December and boast the third-highest scoring offense in the league. At 20-6, Toronto will get a boost when DeRozan returns. He was projected to miss only a month due to the injury.

Another team threatening for the NBA title is the Dallas Mavericks. Already first in the NBA with 110.1 ppg and seventh with 23.6 assists per game, the Mavs acquired the league’s leading assist man Rajon Rondo from the Boston Celtics on Thursday and now are at 15/2 to win a second championship in five seasons. Dallas began the season with 16/1 odds, but adding a defensive floor general like Rondo means they can contend with the likes of the Warriors' Curry, the Los Angeles Clippers' Chris Paul and the Oklahoma City Thunders' Russell Westbrook.

The full list of each team’s odds is below.

Odds To Win NBA Title

Cleveland Cavaliers 7/2

San Antonio Spurs 9/2

Golden State Warriors 5/1

Dallas Mavericks 15/2

Oklahoma City Thunder 8/1

Chicago Bulls 9/1

Memphis Grizzlies 12/1

Los Angeles Clippers 14/1

Houston Rockets 18/1

Toronto Raptors 20/1

Portland Trail Blazers 28/1

Washington Wizards 33/1

Atlanta Hawks 40/1

Miami Heat 75/1

New Orleans Pelicans 100/1

Phoenix Suns 100/1

Brooklyn Nets 150/1

Milwaukee Bucks 200/1

Sacramento Kings 200/1

Boston Celtics 500/1

Charlotte Hornets 500/1

Denver Nuggets 500/1

Indiana Pacers 500/1

Los Angeles Lakers 500/1

New York Knicks 500/1

Orlando Magic 500/1

Minnesota Timberwolves 1000/1

Utah Jazz 1000/1

Detroit Pistons 5000/1

Philadelphia 76ers 5000/1