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The Chicago Bulls are a professional NBA basketball team based in Chicago, Illinois. The Bulls compete in the NBA in the Eastern Conference, Central Division. The Bulls were established in 1966 as the second-ever expansion team. They are the third team in the city after the defunct Chicago Stags (1946–1950) and the Chicago Packers (1961–1963), which after several moves and name changes, became the now Washington Wizards).

They host their home games at the United Center, named after United Airlines, their corporate sponsor, who is also based in Chicago. This indoor arena is in the city’s Near West Side and is also home to the Chicago Blackhawks of the NHL.

The Chicago Bulls had their greatest period of success during the 90s and played a fundamental part in popularizing the league worldwide. They had one of the greatest dynasties in the league, winning six championships in the decade with two three-peats. All six championships were led by legendary coach Phil Jackson and Hall of Famers Michael Jordan and Scottie Pippen. They are also the only NBA team in history to win more than one championship without losing a single final.

Since then, the Bulls have been unable to regain their former glory. Struggling through most of the 2000s, they experienced some improvement in the early 2010s under the leadership of point guard Derrick Rose and center Joakim Noah, which culminated in back-to-back seasons as division champions with winning records above .700 in the 2010–11 and 2011–12 campaigns. Subsequent injuries and trades prompted their latest rebuild, with the current squad being based on all-stars shooting guards DeMar DeRozan and Zach LaVine, and center Nikola Vucevic.

Betting on the Chicago Bulls in BetPhoenix is a fun way to take your sports fandom one step further. Sign up to BetPhoenix.ag for Sportsbook, Live Casino, Virtual Casino, Lottery & Racebook. All in one!

How to Bet on the Chicago Bulls

BetPhoenix.ag not only provides you with the best Chicago Bulls Vegas odds, but we also provide you with many helpful tools, like this guide, to help our customers increase their chances of winning and introduce you to all the many moneymaking options available when wagering on the NBA, from the preseason through the NBA Finals.

The Chicago Bulls have the potential to be one of the revelation teams this season, with the trio formed by Lonzo Ball, DeMar DeRozan, and Zach LaVine. This squad has managed to reactivate the franchise and loyal fanbase with excellent play and hopes for a return to their former glory. The Bulls are in a much better position to challenge their arch-rival Cleveland Cavaliers for the central division crown. If they stay healthy and focused, they can finally turn things around and win their way to a top seed in the conference.

See how the Chicago Bulls fare throughout the rest of the season and if they can hold off the upstart Cavaliers in the Central Division.

Placing your Chicago Bulls bets on BetPhoenix thru the NBA basketball season can be a profitable and fun endeavor, especially if you put in some time and research.

Chicago Bulls Spreads

Point Spreads are a margin-of-victory bet that indicates an estimated game result. This is an example of a Chicago Bulls Point Spreads line:

Team Points Spread Odds

Chicago Bulls +5

Boston Celtics -5

In this case, the line indicates that the Chicago Bulls are the underdog. The Boston Celtics are expected to win by a margin of more than five points against the Bulls. On the other side, the Bulls are the underdog and can lose by less than a five-point margin.

A small spread of 4 or fewer points means that the game is expected to be a close matchup, while a large spread of 5 or more points means that the favorite is expected to perform much better than the underdog.

People betting on the Bulls point spreads expect them to lose by a margin under a 5-point spread, while people betting on the favorites are expecting the Boston Celtics to win by more than a 5-point difference to cover the spread.

· Celtics win by six or more points: Celtics bettors win

· Celtics win by precisely 5 points: The bet is a push, and all wagers are refunded

· Celtics win by four points or less: Bulls bettors win

· Bulls win the game: Bulls bettors win

Chicago Bulls Moneylines

The Chicago Bulls Moneylines bet is the most straightforward option in sports betting. You simply bet on the team that you believe will win the game. There’s a negative number for the favorite, or the team considered more likely to win, and there is a positive number for the underdog, or the team considered more likely to lose.

This is an example of a Chicago Bulls Moneyline as it would be listed in BetPhoenix:

Team Moneyline

Chicago Bulls +200

Boston Celtics -220

Using this example, the Chicago Bulls Moneyline would result as follows:

· Bulls Moneyline: For every $100 wagered on the Bulls +200, you would receive $200 if Chicago wins the game.

· Celtics Moneyline: If you wagered to win $100 by betting on the Celtics -220, you would need to risk $220.

Bulls Moneylines and Bulls point spreads use the same information to estimate the relative strength of each team for this particular matchup. The greater the Moneyline numbers indicate a greater favorite or more significant underdog.

Chicago Bulls Over/Under Totals

The Bulls Totals bet, or over/under bet, is a wager on the estimated combined score of the game, in which you bet on the total of points scored being higher or lower than the set value. You can bet the over, meaning you predict the score to be above the number, or the under, indicating that you expect the final score to be less than the estimate. The bet can also be a push if the final score equals exactly the estimate, in which case all bets are refunded. This is an example of a Chicago Bulls Totals line as it would be listed in BetPhoenix:

Chicago Bulls vs. Boston Celtics

Total: 229.5

Over odds: -110

Under odds: -110

For every $1.10 risked on either option, you’d win $1.

Chicago Bulls Parlays

Chicago Bulls Parlays is a type of wager where you combine different single bets into one. This is very advantageous as the odds are increased substantially, since all bets included as part of the parlay must win for the whole parlay to pay out.

You can combine different types of bets, like point spreads, moneylines, over/under totals, player props, and many other wagers. You can also choose between favorites and underdogs. BetPhoenix will increase your Chicago Bulls Parlays odds and payout as more individual bets are added. Bulls parlays allow up to 10 single bets, including cross-sport bets, allowing you, for instance, to pair an NBA game bet with an NFL bet and a Soccer bet.

For example, we can combine the Chicago Bulls Point Spread of +5 and the Under of 229.5. We can add other plays for another two games spreads to the Bulls parlay, like the spread on the Cleveland Cavaliers -6.5 against the Atlanta Hawks, and the Over 221.5, to make a 4-team Bulls Parlay.

Bulls Spread: +7 -110

Bulls Totals: Under 229.5 -110

Cavaliers Spread: -6.5 -110

Cavaliers Totals: Over 221.5 -110

This 4-team Bulls Parlay would compound payout odds of +1228, well above 10x times your bet if you wagered on each line separately. For example, risking $25 would earn you a payout of $307.08, with these possible outcomes:

· Bulls Point Spread covers, Bulls over/under covers, and the other two lines in the parlay cover, so all bets cover: Win $307.08

· Bulls Point Spread pushes, Bulls over/under covers, and the other two lines in the parlay cover. The push is canceled, and it becomes a 3-team parlay: Win $148.95

· Bulls Point Spread covers, Bulls over/under doesn’t cover, and the other two lines in the parlay cover. Loss: -$25

· Bulls Point Spread covers, Bulls over/under covers, and any of the other two lines in the parlay fail to cover. Loss: -$25

Any lost pick within the parlay selection constitutes a loss.

For a complete view of parlay payouts, here is your payout table for BetPhoenix:

2 TEAMS2.6
3 TEAMS6
4 TEAMS10
5 TEAMS20
6 TEAMS35
7 TEAMS60
8 TEAMS80
9 TEAMS200
10 TEAMS300

 

Chicago Bulls Teasers

A teaser is a grouping of multiple bets combined into one single bet. The difference between teasers and parlays is that with teasers, the lines are moved in your favor by the number of points given by the teaser.

Chicago Bulls Teasers often start at 4 points and can go up to 5 points. Available Teasers on BetPhoenix include:

4 points Teasers for 2 to 8 Teams

4.5 points Teasers for 2 to 8 Teams

5 points Teasers for 2 to 8 Teams

7 points Teaser for 3 Teams

9 points Teaser for 4 Teams

One of the most popular Teasers is the 2-team 4-point that has the same payout as a regular -110 wager.

Bulls Teasers are attractive for giving you a significant advantage with a much more favorable line, but that comes at a cost in terms of the payout opportunities.

Based on the previous example, we can tease the same picks of the parlay we made previously in a 4-team 4-point Bulls teaser would be as follows:

Original Lines vs. Teased lines (with 4 points in your favor)

Bulls Spread: +7 up to +11

Bulls Totals: Under 229.5 up to 233.5

Cavaliers Spread: -6.5 down to -2.5

Cavaliers Totals: Over 221.5 down to 217.5

In the hypothetical case of the Bulls losing the game 112-120 (+8/232), the Bulls odds and the Over failed to cover the original point spreads but would win on the 4-team 4-point Teaser, as they would cover the new +7 point spread, and the Under 233.5.

Note that on teasers, a push is considered a loss.

For a complete view of teaser payouts, here is your payout table for BetPhoenix:

TeamsPayout Odds (4.0 Points)Payout Odds (4.5 Points)Payout Odds (5.0 Points)
21/110/1210/13
39/58/57/5
43/15/22/1
59/24/17/2
66/111/25/1
710/19/18/1
815/112/110/1
920/115/112/1
1025/120/115/1

Chicago Bulls Prop Bets

Chicago Bulls Prop Bets are one of the most compelling ways to expand your betting repertory. From a single game prop to bets for the entire season, a prop bet can be a wager on just about anything.

Bulls Prop Bets include in-game possibilities like specific players’ performance, from over/under on points, rebounds, or assists. It can also be more specific things, such as “which player will score the first points.” Season-long props include who will be named MVP, Rookie of the Year, or even Finals MVP.

You can access the available props for a game by clicking on the Live Lines Odds listing. There are many different props options to explore and choose from, including:

1. DeMar DeRozan Player Points: Over/Under 25.5

2. Nikola Vucevic Player Rebounds: Over/Under 8.5

3. Team to score 20 points First: Bulls +180 / Celtics -220

Take the time to check Betphoenix.ag available NBA props bets for every game. You’ll find many options and get more bang for your buck on winning bets.

Chicago Bulls Futures Odds

You can obtain better odds and a greater chance of winning by betting on futures, allowing you to choose the winners of different NBA awards and honors in advance.

Betting on futures, which allows you to predict the recipients of various NBA awards and honors, will give you better odds and a higher possibility of success. Futures Odds makes it possible to pick a bet on how many games they will win in the season, make or miss playoff odds, or winner for the division, conference, or even the NBA Title.

Check out all the futures markets with odds available here as you prepare for the upcoming season.

• Bulls NBA Finals Odds

• Bulls Conference Champions Odds

• Bulls Division Champions Odds

• Most Valuable Player Odds

• Defensive Player of the Year

• Sixth Man of the Year

• Most Improved Player of the Year

Here are some of the most popular Ravens Futures Odds bets you can make before and throughout the regular season. Their current lines are:

Chicago Bulls Regular Season Win Totals: 42.5

Chicago Bulls odds to win the Central Division: +1100

Chicago Bulls odds to win the Eastern Conference: +3000

Chicago Bulls odds to win NBA Championship: +8000

Chicago Bulls Odds To Win the Central Division

Chicago Bulls odds to win the Central Division: +1100

The Chicago Bulls were second in the division last season, just five games behind the Bucks and two games ahead of the Cavaliers. While their improvement for this season is considerable, and they look deeper than the previous season considering their injury woes, the Bucks are the division’s dominator, with a substantial advantage over the rest of the pack. It would be a surprise if the Bulls could challenge the Bucks for the division title.

Chicago Bulls Odds To Win the Eastern Conference Championship

Chicago Bulls odds to win the Eastern Conference: +3000

The Bulls sit in the middle of nowhere group, far from the group of favorites, The Bucks and the Celtics, and chasing the send tier that includes the Brooklyn Nets, the Cleveland Cavaliers, and the Philadelphia 76ers.

Chicago closed last season as the sixth seed with 46 wins, seven games behind the first-seeded Miami Heat. While they have strong chances of making it to the playoffs, winning the conference in a race in a field that includes superb rivals like the Celtics, the Bucks, the Heat, and the 76ers, is going to be an uphill battle. Still, Chicago’s power trio could perfectly have a breakout season.

Chicago Bulls Odds To NBA Championship

Chicago Bulls odds to win NBA Championship: +8000

Chicago sits in the middle of the pack of the championship contenders’ odds, something reasonable considering the overwhelming amount and quality of the contenders. However, their gifted squad has many people believing that this is a season where this is possible.

Chicago Bulls 2021-2022 Season Recap

The 2021–22 was the Bulls’ 56th season in the NBA. They entered the season hoping to improve on their 31-41 record of the previous season and return to the playoffs after a 4 year absence. This started with Backoffice changes, naming Arturas Karnisovas as executive vice president, and Billy Donovan as head coach, replacing Jim Boylen.

This was an interesting season in which Chicago took a good step forward. Great roster additions like SG/SF DeMar DeRozan from the Spurs, PG Lonzo Ball from the Pelicans, and PG Alex Caruso from the Lakers translated into their first playoff season in 5 years and a record of 46-36, just two games behind the Bucks on the division, earning them the Sixth seed in the conference. Chicago lost to defending champions Milwaukee Bucks in the first round of the playoffs.

Chicago Bulls FAQs

Are the Chicago Bulls an NBA Championship Contender?

Yes. Despite still being considered a rebuilding team, the Bulls have enough weapons and support to be contenders for a championship. Even last season, they were looking like a top-seed team until injuries, and a little bit of bad luck plagued the team.

What was Last Year’s Chicago Bulls Record Against the Spread?

The Chicago Bulls ATS for the regular season was 42-39-1   

What was Last Year’s Chicago Bulls Record Against Over/Under Totals?

The Chicago Bulls Totals ATS for the regular season was 40-41

Have The Chicago Bulls Ever Won an NBA Championship?

Yes. In their 56-year history, the Bulls have won six NBA titles in two three-peats (1991-1993 and 1996-1998).

Chicago Bulls 2022-2023 Schedule

DateOpponentStadium
Oct 19, 2022
7:30 PM ET
@ MiamiFTX Arena
Oct 21, 2022
7:00 PM ET
@ WashingtonCapital One Arena
Oct 22, 2022
8:00 PM ET
v. ClevelandUnited Center
Oct 24, 2022
8:00 PM ET
v. BostonUnited Center
Oct 26, 2022
8:00 PM ET
v. IndianaUnited Center
Oct 28, 2022
8:30 PM ET
@ San AntonioAT&T Center
Oct 29, 2022
8:00 PM ET
v. PhiladelphiaUnited Center
Nov 1, 2022
7:30 PM ET
@ BrooklynBarclays Center
Nov 2, 2022
7:30 PM ET
v. CharlotteUnited Center
Nov 4, 2022
7:30 PM ET
@ BostonTD Garden
Nov 6, 2022
6:00 PM ET
@ TorontoScotiabank Arena
Nov 7, 2022
8:45 PM ET
v. TorontoUnited Center
Nov 9, 2022
8:00 PM ET
v. New OrleansUnited Center
Nov 13, 2022
8:00 PM ET
v. DenverUnited Center
Nov 16, 2022
8:00 PM ET
@ New OrleansSmoothie King Center
Nov 18, 2022
8:00 PM ET
v. OrlandoUnited Center
Nov 21, 2022
8:00 PM ET
v. BostonUnited Center
Nov 23, 2022
8:00 PM ET
@ MilwaukeeFiserv Forum
Nov 25, 2022
8:00 PM ET
@ Oklahoma CityPaycom Center
Nov 28, 2022
9:00 PM ET
@ UtahVivint Arena
Nov 30, 2022
9:00 PM ET
@ PhoenixFootprint Center
Dec 2, 2022
10:00 PM ET
@ Golden StateChase Center
Dec 4, 2022
6:00 PM ET
@ SacramentoGolden 1 Center
Dec 7, 2022
8:00 PM ET
v. WashingtonUnited Center
Dec 10, 2022
8:00 PM ET
v. DallasUnited Center
Dec 11, 2022
6:30 PM ET
@ AtlantaState Farm Arena
Dec 14, 2022
7:30 PM ET
v. New YorkUnited Center
Dec 16, 2022
8:00 PM ET
v. New YorkUnited Center
Dec 18, 2022
7:00 PM ET
@ MinnesotaTarget Center
Dec 20, 2022
7:30 PM ET
@ MiamiFTX Arena
Dec 21, 2022
7:30 PM ET
@ AtlantaState Farm Arena
Dec 23, 2022
7:30 PM ET
@ New YorkMadison Square Garden
Dec 26, 2022
8:00 PM ET
v. HoustonUnited Center
Dec 28, 2022
8:00 PM ET
v. MilwaukeeUnited Center
Dec 30, 2022
8:00 PM ET
v. DetroitUnited Center
Dec 31, 2022
7:00 PM ET
v. ClevelandUnited Center
Jan 2, 2023
7:00 PM ET
@ ClevelandRocket Mortgage FieldHouse
Jan 4, 2023
8:00 PM ET
v. BrooklynUnited Center
Jan 6, 2023
7:30 PM ET
@ PhiladelphiaWells Fargo Center
Jan 7, 2023
8:00 PM ET
v. UtahUnited Center
Jan 9, 2023
7:30 PM ET
@ BostonTD Garden
Jan 11, 2023
7:00 PM ET
@ WashingtonCapital One Arena
Jan 13, 2023
8:00 PM ET
v. Oklahoma CityUnited Center
Jan 15, 2023
3:30 PM ET
v. Golden StateUnited Center
Jan 19, 2023
3:00 PM ET
@ DetroitAccorHotels Arena
Jan 23, 2023
8:00 PM ET
v. AtlantaUnited Center
Jan 24, 2023
7:00 PM ET
@ IndianaGainbridge Fieldhouse
Jan 26, 2023
7:30 PM ET
@ CharlotteSpectrum Center
Jan 28, 2023
7:00 PM ET
@ OrlandoAmway Center
Jan 31, 2023
8:00 PM ET
v. L.A. ClippersUnited Center
Feb 2, 2023
8:00 PM ET
v. CharlotteUnited Center
Feb 4, 2023
8:00 PM ET
v. PortlandUnited Center
Feb 6, 2023
8:00 PM ET
v. San AntonioUnited Center
Feb 7, 2023
8:00 PM ET
@ MemphisFedExForum
Feb 9, 2023
7:30 PM ET
@ BrooklynBarclays Center
Feb 11, 2023
8:00 PM ET
@ ClevelandRocket Mortgage FieldHouse
Feb 13, 2023
8:00 PM ET
v. OrlandoUnited Center
Feb 15, 2023
7:00 PM ET
@ IndianaGainbridge Fieldhouse
Feb 16, 2023
7:30 PM ET
v. MilwaukeeUnited Center
Feb 24, 2023
10:00 PM ET
v. BrooklynUnited Center
Feb 26, 2023
3:30 PM ET
v. WashingtonUnited Center
Feb 28, 2023
7:30 PM ET
@ TorontoScotiabank Arena
Mar 1, 2023
7:00 PM ET
@ DetroitLittle Caesars Arena
Mar 3, 2023
8:00 PM ET
v. PhoenixUnited Center
Mar 5, 2023
3:30 PM ET
v. IndianaUnited Center
Mar 8, 2023
9:00 PM ET
@ DenverBall Arena
Mar 11, 2023
8:00 PM ET
@ HoustonToyota Center
Mar 15, 2023
8:00 PM ET
v. SacramentoUnited Center
Mar 17, 2023
8:00 PM ET
v. MinnesotaUnited Center
Mar 18, 2023
8:00 PM ET
v. MiamiUnited Center
Mar 20, 2023
7:00 PM ET
@ PhiladelphiaWells Fargo Center
Mar 22, 2023
8:00 PM ET
v. PhiladelphiaUnited Center
Mar 24, 2023
10:00 PM ET
@ PortlandModa Center
Mar 26, 2023
3:30 PM ET
@ L.A. Lakerscrypto.com Arena
Mar 27, 2023
10:30 PM ET
@ L.A. Clipperscrypto.com Arena
Mar 29, 2023
8:00 PM ET
v. L.A. LakersUnited Center
Mar 31, 2023
7:00 PM ET
@ CharlotteSpectrum Center
Apr 2, 2023
3:30 PM ET
v. MemphisUnited Center
Apr 4, 2023
8:00 PM ET
v. AtlantaUnited Center
Apr 5, 2023
7:30 PM ET
@ MilwaukeeFiserv Forum
Apr 7, 2023
8:30 PM ET
@ DallasAmerican Airlines Center
Apr 9, 2023
1:00 PM ET
v. DetroitUnited Center

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