Pelicans vs Grizzlies Odds, Picks and Prediction

Memphis has not lost yet, and most nights it has not even been close. The Grizzlies are 6-0, outscoring opponents by more than 15 points per game, and have held five of their six opponents to 108 points or fewer. Now a New Orleans team riding a two-game winning streak walks into FedExForum missing key pieces, with the market moving this line as high as 6.5 at points throughout the morning.

This Pelicans vs Grizzlies matchup is a classic test of a hot underdog against an unbeaten home favorite. Before you lock in your free NBA predictions, here is a full breakdown of the odds, line movement, matchups, and best bets.

Pelicans vs Grizzlies Quick Picks and Prediction

Moneyline Pick: Memphis Grizzlies
Spread Pick: Grizzlies -5.5 (-110)
Total Pick: Under 233.5 (-107)
Projected Final Score: Grizzlies 119, Pelicans 109

Odds and Line Movement for Pelicans vs Grizzlies

The New Orleans Pelicans visit the Memphis Grizzlies on November 2, 2026, at 8:00 PM ET at FedExForum. Memphis moved from -4.5 to as high as -6.5 during a busy morning before settling at -5.5, with 75% of the money on the Grizzlies for much of the day. The total opened at 235.5 and has dropped two full points to 233.5, even with a large share of the money on the over. Keep tabs on the latest numbers with our live odds.

Opening Odds

Team	Spread	Total
New Orleans Pelicans	+4.5 (-105)	Over 235.5 (-110)
Memphis Grizzlies	-4.5 (-115)	Under 235.5 (-110)

Current Odds

Team	Spread	Total
New Orleans Pelicans	+5.5 (-110)	Over 233.5 (-113)
Memphis Grizzlies	-5.5 (-110)	Under 233.5 (-107)

Line Movement – Spread

Date	New Orleans	Memphis	Public ($, #)
11/02	+5.5 (-110)	-5.5 (-110)	MEM 65%, NO 58%
11/02	+6.5 (-118)	-6.5 (-102)	MEM 75%, NO 52%
11/02	+6.5 (-115)	-6.5 (-105)	MEM 75%, NO 52%
11/02	+6.5 (-118)	-6.5 (-102)	MEM 75%, NO 52%
11/02	+6.5 (-115)	-6.5 (-105)	MEM 75%, NO 52%
11/02	+5.5 (-102)	-5.5 (-118)	MEM 75%, NO 52%
11/02	+6.5 (-115)	-6.5 (-105)	MEM 75%, NO 52%
11/02	+6.5 (-118)	-6.5 (-102)	MEM 75%, NO 52%
11/02	+6.5 (-115)	-6.5 (-105)	MEM 75%, NO 52%
11/02	+5.5 (-105)	-5.5 (-115)	MEM 75%, NO 52%
11/02	+6.5 (-115)	-6.5 (-105)	MEM 75%, NO 52%
11/02	+5.5 (-105)	-5.5 (-115)	MEM 75%, NO 52%
11/02	+5.5 (-102)	-5.5 (-118)	MEM 75%, NO 52%
11/02	+4.5 (-105)	-4.5 (-115)	MEM 75%, NO 52%
11/02	+6.5 (-115)	-6.5 (-105)	MEM 75%, NO 52%
11/02	+6.5 (-112)	-6.5 (-108)	MEM 75%, NO 52%
11/02	+4.5 (-105)	-4.5 (-115)	MEM 75%, NO 52%

Line Movement – Total

Date	Over	Under	Public ($, #)
11/02	233.5 (-113)	233.5 (-107)	OV 83%, OV 50%
11/02	233.5 (-112)	233.5 (-107)	OV 83%, OV 50%
11/02	233.5 (-112)	233.5 (-108)	OV 83%, UN 53%
11/02	233.5 (-115)	233.5 (-105)	OV 83%, UN 53%
11/02	234.5 (-112)	234.5 (-108)	OV 50%, UN 55%
11/01	235.5 (-110)	235.5 (-110)	—

Key Matchups and Handicap: Pelicans vs Grizzlies

This Western Conference matchup features two teams heading in different directions early in the 2026-27 season. Memphis is perfect at 6-0, while New Orleans sits at 2-4 but has won two straight after opening the year with four consecutive losses.

The question is whether the Pelicans’ recent offensive surge can hold up on the road against one of the league’s most complete teams, especially with several key contributors sidelined.

Grizzlies Riding a Perfect 6-0 Start

The Grizzlies have been impressive on both ends, averaging 121.2 points per game while allowing just 106.0, a substantial scoring differential. They have won their last five games against Golden State, Sacramento twice, Utah, and Portland, most recently handling the Kings 136-105. Ty Jerome leads the offense with 25.8 points and 5.8 assists per game, and the defense has been the real story, holding five of six opponents to 108 points or fewer.

Memphis Controls the Glass With Cameron Boozer

Memphis holds significant advantages in rebounding, averaging 49.8 boards per game compared to 44.0 for New Orleans, and in assists, recording 27.0 per game to the Pelicans’ 25.5. Rookie Cameron Boozer is a big part of that edge, averaging 10.5 rebounds per game and giving the Grizzlies another strong presence inside. Winning the possession battle on the glass limits second-chance opportunities and helps Memphis dictate tempo.

Pelicans Find Their Footing Behind Zion Williamson

The Pelicans have turned things around with back-to-back wins over Sacramento (132-120) and Atlanta (121-99). New Orleans averages 119.7 points per game and shoots an efficient 50% from the field, but it allows 117.8 points per game and has struggled to consistently contain opponents.

Zion Williamson leads the way with 20.7 points per game on 64.4% shooting, Dejounte Murray adds 6.0 assists per game, and rookie Derik Queen contributes 7.8 rebounds per game.

New Orleans Short-Handed on the Perimeter

Injuries could significantly influence this game, particularly for New Orleans. Jordan Poole has been ruled out with an ankle injury, and Yves Missi is sidelined with a knee issue. Trey Murphy III is questionable with a knee injury, potentially leaving the Pelicans without another important perimeter scoring option. Losing that much depth on the road against a disciplined defense is a difficult combination to overcome.

NO vs MEM Betting Trends

Memphis is 6-0 straight-up this season and has won five straight.
Memphis has held five of its six opponents to 108 points or fewer.
Memphis averages 121.2 points per game and allows 106.0.
New Orleans is 2-4 but has won two straight after an 0-4 start.
New Orleans averages 119.7 points per game and allows 117.8.
The spread opened at Memphis -4.5, reached -6.5 multiple times, and currently sits at -5.5.
The total has dropped from 235.5 to 233.5 despite as much as 83% of the money on the over.

NO vs MEM Key Injuries and Notes

New Orleans: Jordan Poole (ankle) is out.
New Orleans: Yves Missi (knee) is out.
New Orleans: Trey Murphy III (knee) is questionable.
Memphis: Scotty Pippen Jr. (back) is questionable.
Memphis: Quinten Post (ankle) is questionable.
Venue: FedExForum in Memphis, tipping off at 8:00 PM ET.

Pelicans vs Grizzlies ATS and Total Picks

ATS Pick: Grizzlies -5.5 (-110). While New Orleans has improved offensively, Memphis’ defensive efficiency, rebounding advantage, and ability to generate quality looks create a favorable home matchup. With Poole and Missi out and Murphy questionable, the Pelicans are missing too many contributors to keep pace with a team that has consistently controlled games on both ends. The current -5.5 is a better price than the -6.5 that was available for much of the morning.

Moneyline Pick: Memphis Grizzlies. The unbeaten home favorite has a strong opportunity to extend its perfect start against a short-handed opponent.

Total Pick: Under 233.5 (-107). The Grizzlies have held five of six opponents to 108 points or fewer, and New Orleans is without key perimeter scorers. The total has already dropped two points from the 235.5 opener even with the public money on the over, which signals the market sees this game playing slower than the number suggests.

Pelicans vs Grizzlies Best Bets

Best Bet: Grizzlies -5.5 (-110)
Moneyline Pick: Memphis Grizzlies
Total Pick: Under 233.5 (-107)
Key Factor: Memphis’ defense and rebounding edge against a short-handed New Orleans roster
X-Factor: Trey Murphy III’s availability for the Pelicans

Final Score Prediction for Pelicans vs Grizzlies

New Orleans has found some offensive rhythm, but Memphis is deeper, healthier, and more disciplined defensively. Expect Ty Jerome to lead the attack while Cameron Boozer helps the Grizzlies control the boards, pulling away for a double-digit win that stays under the total.