Jay-Z places $1m NBA Finals bet through Fanatics sportsbook

Key Points
- The bet would pay $2.3m
- The Thunder are currently heavy favorites on the vast majority of sportsbooks, including odds of -600 or greater
Well-known rap artist Jay-Z has placed a $1m bet on the NBA Finals which are set to tip-off on June 5 through Fanatics sportsbook, with the possibility to pay out over $2m if the Oklahoma City Thunder defeat the Indiana Pacers in five games.
Current odds from FanDuel have the Thunder winning in five games paying out at +230, as Oklahoma City is favored on the vast majority of sportsbooks, including -600 or greater.
The Thunder are led by point guard Shai Gilgeous-Alexander, who was recently named the Most Valuable Player (MVP) of the 2024-2025 NBA season. A victory for either the Thunder or Pacers would represent the first title to be won by either side in franchise history.
Fanatics Betting and Gaming also teamed up with Claymore Solutions to expand its reach in the Philippines on June 2. The company aims to “position the country as a premier destination for regulated gaming support.”
Good to know: Fanatics sportsbook formed a new partnership with the New York Racing Team on May 21, appointing the operator as the primary sponsor of the Nascar team’s number 44 Chevrolet for the Cracker Barrel 400 in Nashville, Tennessee on June 1 and the Cup Series Championship from Phoenix, Arizona on November 2
The duo recently held a ribbon-cutting ceremony and celebrated the opening of Claymore’s new offices in Taguig City, which were dedicated to Fanatics Betting and Gaming.
Guests of note included Fanatics Betting and Gaming CTO Ian Botts and CFO Andrea Ellis, along with Claymore Solutions Chairman and Co-founder Paul Fox and Co-Founder Nathan Kinsella.
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