The Cleveland Cavaliers continue to own the top odds to win the 2016 NBA Championship on the eve of the season, according to Bodog.ca. 

The Cavaliers, who were defeated in the NBA Finals by the Golden State Warriors last season, own 11/4 odds to win it all. The San Antonio Spurs sit behind the Cavs with 7/2 odds, while the Warriors have 5/1 odds to repeat.

The Toronto Raptors share the 11th best odds with four other franchises at 50/1. Toronto has 25/1 odds of winning the Eastern Conference, while the Cavaliers are heavy favourites with 1/4 odds.

The Raptors, however, are favourites to win the Atlantic Division for the third straight year. The Raptors own 1/2 odds to win the division, ahead of the Boston Celtics, who are going off at 2-1.

See the odds for the 2016 NBA Championship below.

Current Odds (10/26/15)   

Cleveland Cavaliers                 11/4

San Antonio Spurs                   7/2

Golden State Warriors              5/1

Oklahoma City Thunder            8/1

Los Angeles Clippers               10/1

Chicago Bulls                          16/1

Houston Rockets                      16/1

Miami Heat                              33/1

Memphis Grizzlies                    33/1

New Orleans Pelicans               40/1

Atlanta Hawks                          50/1

Indiana Pacers                         50/1

Milwaukee Bucks                      50/1

Toronto Raptors                        50/1

Washington Wizards                  50/1

Dallas Mavericks                        66/1

Boston Celtics                            100/1

Los Angeles Lakers                    100/1

Detroit Pistons                            150/1

Phoenix Suns                              150/1

Portland Trail Blazers                   150/1

Utah Jazz                                    150/1

Brooklyn Nets                               200/1

Minnesota Timberwolves               200/1

New York Knicks                          200/1

Charlotte Hornets                          250/1

Denver Nuggets                            250/1

Orlando Magic                              250/1

Philadelphia 76ers                         250/1

Sacramento Kings                         250/1