Pacers vs. Knicks Odds: Knicks Underdogs Aim to Defy the Spread in Game 4 Showdown

Knicks Face Huge Test Against Pacers After Haliburton Leads Indiana to 3-1 Lead

The atmosphere in Indianapolis was buzzing as the New York Knicks rolled into Gainbridge Fieldhouse for Game 4 of the 2025 Eastern Conference Finals. Indiana had already snatched two impressive wins right on the Knicks’ home turf, and the Pacers entered Game 4 as slim 2-point favorites, with a -134 moneyline edge. On the other side, the Knicks clawed their way back in Game 3 with a clutch comeback to keep their season alive, but after Tyrese Haliburton’s monster triple-double performance, the Pacers seized a 3-1 stranglehold on the series.

Heading into Game 4, the sportsbooks and most analysts couldn’t help but lean toward Indiana. The oddsmakers gave the Pacers about a 57% shot to grab another win, while the Knicks sat as slight underdogs at +113. Some markets even nudged the spread toward Indiana by 3 points after the Pacers’ defensive clinic. And with the points total hovering at 220.5, everyone knew this series could turn into a real shootout — or slow into a grind if the defenses showed up.

Can the Knicks Defy the Odds and Haliburton’s Dominance?

Haliburton didn’t just steal headlines with his Game 4 triple-double; he completely set the tempo for Indiana. His relentless drives, court vision, and swagger under pressure made him the best player on the court by miles. Every time the Knicks tried to string something together, he answered with another big play. He finished the night top in points, assists, and rebounds, forcing New York’s hand every possession. If the Knicks can’t find a way to disrupt him, their margin for error just vanishes.

But don’t count the Knicks out so fast. Their Game 3 win — coming back from 20 points down — reminded everyone how gritty this team can be with their backs against the wall. That comeback exposed some cracks in the Pacers’ defense, especially when the Knicks forced mismatches and leaned on their depth for scoring bursts. With tough veterans and a few explosive young scorers, New York’s game plan has to zero in on making Haliburton uncomfortable and finding easy baskets before Indiana’s defense can set up.

Looking at the expert projections, the SportsLine Model — which has a solid record in making NBA picks — predicted the Pacers would cover the spread more often than not. Still, those analysts willing to bet on chaos looked at the Knicks’ resilience and liked the value in grabbing the underdog with points. If New York can catch fire and keep Haliburton from running wild, this series might just get a little longer than Indiana hopes.

• Pivotal player: Haliburton triple-double in Game 4 was the difference-maker.
• Line movement: Pacers favored by 2, rising to -3 in some books, with a 220.5 points O/U setting up expectations for high scoring.
• Betting split: Most sharp bettors circled the Knicks to keep it close, citing their toughness and history of covering as underdogs in must-win spots.

Either way, the Pacers are now only one win away from sealing their ticket to the NBA Finals, but the Knicks have proven they aren’t going home easy. If Game 3 taught us anything, it's never wise to count the Knicks out, even with the odds stacked against them.