2025 NBA Playoffs: Milwaukee Bucks vs. Indiana Pacers first-round series odds

The Milwaukee Bucks face a 0-2 series deficit against the Indiana Pacers heading into Friday's Game 3 in Milwaukee.

Giannis Antetokounmpo and company have their work cut out for them against the run-and-gun Pacers, who eliminated Milwaukee from the playoffs a year ago and are two wins away from doing the same in 2025.

Indiana dominated Game 1, 117-98 behind six double-digit scorers headlined by Pascal Siakam’s 25 points. Pacers star guard Tyrese Haliburton (3/13 FG) has a down night, but his team never trailed after the opening minutes and led by as many as 28 in the win.

In a huge lift for the Bucks, Damian Lillard, who had not played since March 18 with deep vein thrombosis, was cleared to play in Game 2.

But, the Pacers extended their series lead with a 123-115 win at home in Game 2. Pascal Siakam dropped 24 points and Tyrese Haliburton added 21 and 12 assists, while Lillard was held to 14 points and seven assists on 4/13 shooting.

Let’s take a look at the latest series odds ahead of Friday's Game 3.

Milwaukee Bucks vs. Indiana Pacers first-round series odds

Pacers lead series 2-0

To Win Series - After Game 2

MIL Bucks	+390
IND Pacers	-525

Prior to the series, the Indiana Pacers were -210 favorites to win the series, and the Milwaukee Bucks +175 underdogs.

Series Correct Score - After Game 2

Series Score	MIL Bucks to win	IND Pacers to win
4-0	-	+425
4-1	-	+200
4-2	+850	+425
4-3	+700	+375

Prior to the series, the Pacers to win 4-3 (+400) and 4-2 (+400) were the outcomes with the shortest odds.

Series Total Games - After Game 2

Total Games Line	Over	Under
4.5	-700	+425
5.5	-140	+100
6.5	+210	-300

When Series Will Finish - After Game 2

Game 4	+425
Game 5	+200
Game 6	+275
Game 7	+200

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Odds displayed within this article were correct at the time of writing and are subject to change.