Check out the latest NBA championship odds for the 2023-24 season and get our expert analysis of the best teams leading the odds race.
The Denver Nuggets are the co-favorites fresh off their first NBA Championship in franchise history. Currently, the Boston Celtics are listed at +260, the Nuggets at +425, while the Milwaukee Bucks are at +550.
2023-24 NBA Championship Odds
Odds courtesy of BetMGM. Correct at the time of publication and subject to change.
| Team | Futures Odds |
| Boston Celtics | +260 |
| Denver Nuggets | +425 |
| Milwaukee Bucks | +550 |
| Los Angeles Clippers | +550 |
| New York Knicks | +1600 |
| Phoenix Suns | +1600 |
| Oklahoma City Thunder | +2000 |
| Cleveland Cavaliers | +2200 |
| Minnesota Timberwolves | +2500 |
| Philadelphia 76ers | +3000 |
| Dallas Mavericks | +4000 |
| Los Angeles Lakers | +5000 |
| Miami Heat | +5000 |
| New Orleans Pelicans | +5000 |
| Sacramento Kings | +5000 |
| Golden State Warriors | +6600 |
| Indiana Pacers | +10000 |
| Atlanta Hawks | +25000 |
| Orlando Magic | +25000 |
| Brooklyn Nets | +50000 |
| Chicago Bulls | +50000 |
| Houston Rockets | +50000 |
| Utah Jazz | +50000 |
| Toronto Raptors | +100000 |
Favorites to win the 2022-23 NBA Championship
The NBA playoffs have whittled the competition down to just two teams: the Denver Nuggets and the Miami Heat.
Denver is a massive favorite in the Finals at -400 after sweeping the Los Angeles Lakers in the Western Conference Finals. Miami is +300 after making it past the Celtics in the Eastern Conference Finals.
This postseason has taught us to expect the unexpected. Teams that were favorites entering the playoffs have dropped like flies, including the Milwaukee Bucks, Boston Celtics, Philadelphia 76ers, and Phoenix Suns.
Game 1 of the Finals is Thursday night in Denver. Hopefully we finish this season with another great series.
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