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NBA Finals odds for 2023-24 season: Knicks and Clippers odds increase while Lakers plummet

With the 2023-24 NBA season underway, many basketball fans are wondering about the teams with the top NBA Finals odds. Well, look no further because this space has you covered with the latest championship betting odds for all 30 teams.

Related: NBA playoff predictions – Bracket picks & 2024 Finals champion

Without further ado, let’s take a look at the latest NBA Finals odds, analyze three worthwhile bets, and one winning squad that will definitely not reach the championship series in the spring.

2023-2024 NBA Finals odds

nba finals odds
Credit: Isaiah J. Downing-USA TODAY Sports
TeamNBA Finals odds
Boston Celtics+330
Denver Nuggets+400
Milwaukee Bucks+500
Los Angeles Clippers+950
Philadelphia 76ers+1000
Minnesota Timberwolves+1900
Oklahoma City Thunder+2000
Los Angeles Lakers+2200
Miami Heat+2800
Dallas Mavericks+3000
Golden State Warriors+4000
Sacramento Kings+4000
New York Knicks+4500
New Orleans Pelicans+5500
Cleveland Cavaliers+6000
Indiana Pacers+12000
Orlando Magic+15000
Houston Rockets+15000
Atlanta Hawks+20000
Memphis Grizzlies+40000
Brooklyn Nets+50000
Toronto Raptors+50000
Chicago Bulls+50000
San Antonio Spurs+100000
Portland Trail Blazers+100000
Utah Jazz+100000
Charlotte Hornets+100000
Detroit Pistons+100000
Washington Wizards+100000

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The current favorite: Boston Celtics (+330)

nba finals odds
Credit: Trevor Ruszkowski-USA TODAY Sports

The Boston Celtics have been title contenders for the last two seasons and they are again in 2024. The front office made some big moves by adding Kristaps Porzingis and Jrue Holliday this summer, and both established stars have fit in seamlessly with this veteran group.

They have a strong core and are led by two legit All-Stars, in Jayson Tatum and Jaylen Brown. No pick is ever a safe bet, but the Celtics are without a doubt as close as any team would get to being a sure bet to get to the NBA Finals this year.

NBA Championship odds smart risk: Denver Nuggets (+400)

nba finals odds
Credit: Ron Chenoy-USA TODAY Sports

At the end of the 2022-2023 season, two-time NBA MVP Nikola Jokic and his Denver Nuggets teammates delivered on the promise they have long shown and brought the franchise its first NBA title. They were a dominant force throughout the postseason and seemed to only get better in the later rounds.

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It is no surprise they are a popular choice to repeat in 2024 since all of the key elements for the roster will be back next season. Furthermore, they all now know what it takes to be a world champion and there is a strong chance they are an even better team due to that experience and an even higher level of confidence.

The Darkhorse: Milwaukee Bucks (+500)

nba finals odds
Credit: Benny Sieu-USA TODAY Sports

The Milwaukee Bucks were shockingly, and embarrassingly eliminated from the 2023 NBA playoffs by the Miami Heat in the first round. After being the top seed in the sport, they were on the wrong end of history by being the second one-seed to fall to an eight. However, fans should expect the Bucks to come back with a vengeance next season.

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The main reason is their bold decision to switch coaches and make a pre-training camp blockbuster trade for superstar point guard Damian Lillard. So far, they seem like they have a dynamic duo that will only get better as the season progresses. They will be a very tough out in the playoffs.

Pick to avoid: Philadelphia 76ers (+1000)

nba finals odds
Credit: Kyle Ross-USA TODAY Sports

Having the reigning NBA MVP is a good reason to be seen as a serious contender in any conference. Furthermore, in the 2023-24 season, guard Tyrese Maxey has developed into a legitimate All-Star and a real No. 2 to Joel Embiid.

Related: 25 highest paid NBA players – Milwaukee Bucks now have two of the richest

Nevertheless, while they might be seen as a dark horse in the Eastern Conference, the Sixers are probably still one big piece away from winning a championship and should not be a team you put your money on to win it all in 2024.

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