LAS VEGAS — The betting public is throwing money on Caitlin Clark and the Indiana Fever as the WNBA prepares to open one of the more-anticipated seasons in league history.
A Fever championship would have bookmakers sweating. They are the biggest liability at BetMGM Sportsbook, with nearly half the betting tickets on the Fever, who open the season Tuesday at the Connecticut Sun.
Indiana is second in money wagered at 29%, behind the two-time defending champion Las Vegas Aces at 41.5%, also a popular public team that additionally draws action from many professional bettors.
The heavy money on the Fever caused them to go from +2500 to win the championship to +1800. Las Vegas edged from a +115 favorite to even money.
“Caitlin Clark drove record handle on the women’s NCAA Tournament, and the interest from bettors has carried over to the WNBA,” BetMGM Sportsbook trading manager Seamus Magee said. “We expect Fever games to be the most bet throughout the season and for Clark’s player props to be popular with bettors.”
The story is much the same at Caesars Sportsbook.
Indiana, which went 13-27 last season to put the Fever in position to land Clark with the No. 1 overall pick, is tied with the Sun at Caesars with the fourth-best odds at 15-1.
The Aces at +100, last year’s runner-up New York Liberty at +240 and the Seattle Storm at +800 are the top three favorites to win the title.
“I think we’ve definitely seen an increase in the handle at this time last year,” Caesars basketball oddsmaker David Lieberman said. “It makes sense with the hype around (Clark).”
That buzz also has pushed Clark into the group of favorites to win the MVP award. She has received 68% of the wagers at BetMGM Sportsbook to receive the league’s top individual honor, which at +1000 it’s a strong value bet.
Las Vegas’ A’ja Wilson of Las Vegas at +120 and New York’s Breanna Stewart at +550 are the two favorites. Both are two-time winners, with Stewart beating out Wilson and the Sun’s Alyssa Thomas last season in a close vote. Wilson used that perceived snub as fuel in last year’s WNBA playoffs.
Clark also is third in MVP odds at Caesars at +850, behind Wilson at +100 and Stewart at +550.
There is almost no betting value on Clark to win Rookie of the Year. She is -750 at BetMGM Sportsbook, which explains why 22% of the wagers have gone to her, while the Chicago Sky’s Angel Reese has garnered 43% of the action with a much higher payoff at +3000.
“I would argue there’s no value betting the Fever or Caitlin Clark MVP right now,” Lieberman said. “The odds are probably a little lower than they should be. It’s probably mostly public action there. I don’t think there are any sharps (pros) lining up to bet something that’s obviously a little lower than it should be at this point.”
EXPANSION: The WNBA is heading to Toronto, according to media reports.
The Canadian Broadcasting Corporation reported that the women’s professional basketball league has awarded a franchise to the Kilmer Group. The reported deal would have Toronto’s WNBA team start playing in May 2026.
The WNBA did not confirm the report.
“We continue to engage in productive conversations with interested ownership groups in a number of markets, and the granting of any expansion teams requires a vote of the WNBA and NBA Board of Governors,” the league said.
Larry Tanenbaum is the chairman and CEO of Kilmer Group and the chairman of the board for Maple Leaf Sports and Entertainment, which owns the NBA’s Toronto Raptors and NHL’s Toronto Maple Leafs. He also owns 25% of MLSE through Kilmer’s holdings.
A team in Toronto would be the first outside the U.S. for the WNBA.
WNBA Commissioner Cathy Engelbert said at the league’s draft last month that she hopes to expand to 16 teams by the 2028 season. Toronto was one of the cities she mentioned when talking about expansion. Other cities mentioned by Engelbert for possible expansion were Philadelphia, Portland, Denver and Nashville, as well as the South Florida region.
The new Toronto club would be the 14th team. An expansion franchise in Golden State is set to join the league in 2025.
The Toronto team will reportedly play at the 8,000-seat Coca-Cola Coliseum, which hosts the AHL’s Marlies and PWHL’s Toronto franchise.
Canada has hosted two sold-out WNBA preseason games in the past two years. Toronto’s Scotiabank Arena was at capacity to see the Chicago Sky defeat the Minnesota Lynx 82-74 in 2023. Edmonton’s Rogers Place was also filled as the Los Angeles Sparks beat the Seattle Storm 84-79 on Saturday.
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