HomeNBA BettingChicago Bulls Odds

The Chicago Bulls are in the playoff hunt during the 2023-24 season, but with the team in need of an overall rebuild/retool, the team’s decision to stand pat at the trade deadline could have serious long-term ramifications. Chicago has made the playoffs just once since the 2016-17 campaign, and with losing records in five of the past six years, the front office needs to show fans that this team is moving toward a return to the former glory from the Michael Jordan era.

On this page, you’ll find single-game and season-long Chicago Bulls odds, schedule information, and the various ways to watch the team. We’ve also included an overall history of some of the important moments in Bulls history.

How to bet on the Chicago Bulls on an online sportsbook in Illinois

There are many ways you can bet on the Chicago Bulls using an online sportsbook in Illinois, and if you follow these steps, you’ll be able to get started wagering today!

  1. Research the available sportsbooks: To help accelerate your gambling experience, ILBetting.com has composed in-depth sportsbook reviews to help you determine the best fit for your preferred gambling experience. These reviews include a numerical rating assigned to each operator based on what we’ve considered key performance indicators, as well as welcome bonus information, promo codes where applicable, deposit and withdrawal methods, and much more!
  2. Register with a betting site: Next, you’ll need to sign up with an Illinois betting site, which you can do using the operator reviews mentioned above. Each review will walk you through the registration process and help you secure the most generous welcome bonus available.
  3. Fund your betting account: Once you’ve registered your betting account(s), you’ll need to make a real-money deposit before you can make your bets (even if you’re planning on using bet credits to bet on the Chicago Bulls). The amount you deposit will be mostly up to you, though you should make sure it is an amount you can comfortably afford and also enable you to make the most of the signup offer.
  4. Study trends for the Bulls and their opponents: Before you lock in your Bulls bets, you should plan to gather as much matchup information as you can get. Read betting previews, consider what factors can impact the game (such as recent performances, number of days off before a game, injury reports, playstyle preferences, etc.), and study the lines so you know if the odds are favorable and reasonable.
  5. Find which sportsbook has the best odds for your bets: Sportsbooks won’t always have the same odds offered on their websites or through their mobile apps. While these odds differences are typically small, they can stockpile into major differences over time while you’re winning your bets. Don’t be afraid to rely on more than one sportsbook while making your wagers and shop around the same as you would when making a major purchase.

Which bet types are available for the Chicago Bulls?

There are many different bet types available for the Chicago Bulls, including single game and season long wagers, stats for individual players, and wagering markets for the team as a whole. Here are some of the most popular ways to bet on the Bulls.

  • Futures bets: Futures bets are long-term wagers that typically play out over the course of an entire season. Some examples of futures bets might include a wager on the Bulls to win the NBA Championship or on a Chicago player to win NBA Rookie of the Year honors.
  • Moneyline bets: Moneyline bets are wagers on whether you think the Bulls or their opponent will win the game. The margin of victory doesn’t matter, nor does either team’s point total or margin of victory.
  • Spread bets: If the Bulls are favored to win, you may have to risk a great amount of money for a smaller payout when you’re backing Chicago on the moneyline. However, spread bets act as a handicap to make the lines more favorable by spotting the underdog a certain number of points to equalize the betting action. For example, a sportsbook may set a line of Chicago Bulls -5.5. In that scenario, the Bulls would need to win by at least six points for a spread bet to play out. However, if Chicago lost the game or won by fewer than six points, the spread bet would be scored a loss.
  • Prop bets: Prop bets can be based around individual players, the Bulls team, or their opponents, and these lines aren’t necessarily tied to the final score of the game. Some examples might include DeMar DeRozan’s combined points+assists+rebounds total, the number of three-point field goals Zach Lavine makes, or whether the Bulls will finish the game with an odd or even number of points.

How to watch or stream the Chicago Bulls in Illinois

If you live in Illinois, even if you’re not in the Chicagoland area, you can watch the Chicago Bulls on television by tuning in to NBC Sports Chicago, the regional sports network (RSN) for the team. You may also be able to catch marquee matchups on ESPN, ABC, and TNT.

NBA League Pass and YouTube TV are useful ways to watch if you are out of market, but if you live locally, live games may be blacked out. If you’re unsure, check with the streaming provider before you complete your signup for accounts with those streaming services.

Do the Chicago Bulls have any sportsbook partnerships?

Yes, the Chicago Bulls have a sportsbook partnership with FanDuel Illinois, which operates a betting lounge in the team’s home arena, the United Center. You can watch various sporting events in the non-betting sports bar with 1,300 square feet of LED television screens. The venue still has bureaucratic red tape to clear before adding betting kiosks or staffed windows.

The NBA also holds a partnership with FanDuel and DraftKings, meaning the revenue as a result of that partnership eventually gets back to the Bulls organization.

Where do the Chicago Bulls play?

The Chicago Bulls play their home games at the United Center (1901 West Madison Street) in the Near West Side neighborhood. The team shares a venue with the Chicago Blackhawks, with arena staff working hard to flip the facility from the ice to the hardwood, frequently with less than 24 hours between events.

How do I buy tickets to see the Chicago Bulls play live?

You can buy tickets to see the Chicago Bulls play live by going to Ticketmaster (going through the NBA website will redirect you to Ticketmaster). You may also be able to find a better deal by going through a ticket resale website like SeatGeek or StubHub. All tickets are mobile-only, so you won’t be able to print your tickets at home; your phone is your way in.

History of the Chicago Bulls

While the Bulls aren’t the oldest team in the NBA, they’ve certainly put together an impressive history. Here is a list of important moments in the history of the Chicago Bulls.

  • 1966: The Chicago Bulls officially become an NBA franchise. The Bulls were the third team from the area to join the NBA, following the Chicago Stags (who played from 1946-50) and the Chicago Packers/Zephyrs (who played from 1961-63 before moving to Washington and becoming the Bullets/Wizards). The Bulls are the only expansion team in NBA history to make the playoffs in their inaugural season.
  • 1969: Following a poor season with dismal attendance (one game had fewer than 1,000 fans in the building), the Bulls hired Pat Williams to be their general manager. Under Williams’ leadership, the team made the playoffs in six consecutive seasons, including two conference finals appearances. The team also posted four 50-win seasons.
  • 1976: Dick Klein, the Bulls’ founder and owner, sells the team to the Wirtz family who also owned the Chicago Blackhawks. The Wirtzs operated the Bulls on a meager budget with greater interest in their NHL franchise instead. Attendance dwindled and the team’s on-court performance suffered until Jerry Reinsdorf took over ownership in 1985.
  • 1979: Chicago loses a coin flip for the first pick in the NBA draft, with the pick instead going to the Los Angeles Lakers. The Lakers would select Magic Johnson at #1 while the Bulls ended up with Dave Greenwood. While Greenwood had a productive career in Chicago and started more than 400 games for the team, Johnson went on to win five championships with the Lakers and is considered one of the best point guards in league history.
  • 1984: With the third pick in the draft, the Chicago Bulls selected Michael Jordan, who would become the centerpiece of the Bulls’ rebuild and take the franchise to unprecedented heights, as you’ll see with the next few entries on the timeline.
  • 1986: In a first round playoff loss to the Boston Celtics, Michael Jordan scores 63 points, an NBA playoff record that still stands today.
  • 1987: Chicago trades for Scottie Pippen, who would form a dominant tandem with Jordan during the Bulls’ championship era.
  • 1989: The Bulls promote assistant coach Phil Jackson to the head coaching position.
  • 1991: Chicago wins its first NBA championship, defeating Magic Johnson and the Lakers in five games. Michael Jordan is named Finals MVP after averaging 31.2 points and 11.4 assists per game in the series. Chicago would “three-peat,” winning the championship in 1992 and 1993 as well.
  • 1993: Michael Jordan announces his retirement three months after his father was murdered. The move shocked the basketball universe with Jordan in the prime of his career and coming off three consecutive NBA titles. Rumors spread that Jordan’s retirement was actually a suspension from the NBA for being seen gambling in Atlantic City before Game Two of the Eastern Conference Finals, though NBA Commissioner David Stern denied those allegations.
  • 1994: After 27 years of play at Chicago Stadium, the Bulls moved into the United Center, their current home venue.
  • 1995: Michael Jordan ends his retirement and returns to the Bulls.
  • 1996: The Bulls win their fourth NBA championship following a then record 72-10 regular season record. Michael Jordan won MVP honors for the fourth time and was also named Finals MVP (also for the fourth time). Chicago would “three-peat” again with NBA titles in 1997 and 1998.
  • 1998: Tensions between general manager Jerry Krause and head coach Phil Jackson lead to the end of the Bulls’ dynasty. Despite winning another championship, Jackson left the team to become the head coach of the Lakers, Scottie Pippen was traded to the Houston Rockets, and Jordan retired for the second time (this retirement would last three years before he returned to the NBA with the Washington Wizards). The tumultuous season was immortalized in the ESPN Films miniseries The Last Dance.
  • 1999: Chicago plummets in the standings, at one point setting an NBA record for the fewest points in a game (49) in the shot clock era. The downfall would lead to the Bulls landing the first overall pick which was used to select Elton Brand.
  • 2008: The Bulls win the NBA Draft Lottery once again and select Chicago native Derrick Rose first overall.
  • 2011: Derrick Rose wins NBA MVP, but Chicago loses in the Eastern Conference Finals to the Miami Heat, led by the “Big Three” of LeBron James, Dwyane Wade, and Chris Bosh.
  • 2012: Rose suffers a devastating knee injury in the playoffs that would force him to miss the entire 2012-13 season. He would struggle with knee problems for the rest of his career, leading the Bulls to trade Rose to the Knicks in 2016.
  • 2022: Chicago ends a four-year playoff drought with a sixth-place finish in the Eastern Conference. The Bulls lost their first round series with the Milwaukee Bucks in five games. This is, so far, Chicago’s most recent playoff appearance.

Yes, it is legal to bet on the Chicago Bulls in Illinois. Betting on the Bulls has been legal in IL since June 2019 when Gov. J.B. Pritzker signed the Illinois Sports Wagering Act; the state launched sports betting in March 2020.