NBA Championship Odds 2024: Celtics, Nuggets Remain Clear Favorites for NBA Finals
The Boston Celtics (3-1 vs. Miami Heat) and Denver Nuggets (def. Los Angeles Lakers) sit far ahead of the field as the consensus favorites by the 2024 NBA championship odds.
Like Xerxes at the end of the movie "300," the Boston Celtics have shown that they bleed. Unfortunately for the Miami Heat, they seem to have bandaged it up. The NBA's best team from the regular season suffered a 10-point loss on their home floor in Game 2 but responded with two wins in Miami to take a 3-1 series lead.
Although Boston looks poised to advance, its nearest competitor, the Denver Nuggets, shortened the gap by advancing with a 4-1 series victory over the Los Angeles Lakers on Monday. It also looks like Celtics star Kristaps Porzingis may miss time with a calf injury, which may not be enough to help the Heat get by the Celts but might be a hurdle in future rounds if he's sidelined for an extended period of time.
The Minnesota Timberwolves and New Orleans Pelicans have also punched their tickets to the second round.
Here is our look at the latest 2024 NBA championship odds from our best NBA betting sites; don't miss our NBA playoffs betting preview.
NBA championship odds 2024
(Odds updated April 30)
| Team | DraftKings | FanDuel | BetMGM | Caesars | bet365 |
|---|---|---|---|---|---|
| Celtics | +125 | +135 | +135 | +130 | +120 ❄️ |
| Nuggets | +215 | +210 | +220 🔥 | +215 | +200 ❄️ |
| Thunder | +900 | +900 | +900 | +850 ❄️ | +900 |
| Timberwolves | +1100 | +1100 | +1100 | +950 ❄️ | +1100 |
| Knicks | +1400 | +1200 | +1200 | +1400 | +1200 |
| Mavericks | +1700 | +1700 | +1600 | +2000 🔥 | +1600 |
| Clippers | +4000 🔥 | +3400 | +3500 | +3500 | +3300 ❄️ |
| Pacers | +4000 | +4100 | +4200 🔥 | +4000 | +4000 |
| 76ers | +6500 | +6500 | +6600 🔥 | +6500 | +6500 |
| Cavaliers | +6500 | +6500 | +6600 🔥 | +6500 | +6500 |
| Bucks | +15000 | +15000 | +12500 | +12500 | +15000 |
| Magic | +20000 🔥 | +16000 | +15000 | +17500 | +15000 |
| Heat | +100000 | +10000 | +100000 | +100000 | +100000 |
Who has the best odds to win the 2024 NBA championship?
Celtics (+135 via FanDuel)
We now know that the Celtics can lose, but they responded to that defeat as you'd expect. Our best sports betting sites raised their odds only slightly to +140 following the Game 2 loss, and now they're slightly shorter again after the bounce-back performance.
The Celtics were 27-14 on the road in the regular season compared to their stellar 37-4 home record. There's no sign of Jimmy Butler returning for Miami, and the Celtics have probably slammed the door shut on the series despite perhaps losing Porzingis.
Nuggets (+220 via BetMGM)
The Nuggets' NBA Finals odds shortened following each of their first three victories over the Lakers, and while they lengthened a bit after dropping a game to the Lakers, they've shortened right back up with their Game 5 win.
Denver has a concerning trend of needing second-half comebacks to win the series, trailing all five games at halftime. That may become a more difficult task as it progresses through the playoffs.
Mavericks (+2000 via Caesars)
The Mavericks' NBA championship odds inflated to a market-high of +2200 following their Game 1 loss to the Los Angeles Clippers. Those who pounced on that number feel great, with the series squared up at 2, despite Dallas dropping Game 4 at home.
The Clippers pulled one out without Kawhi Leonard in Game 4, thanks to a 39-point first quarter. The superstar forward is expected to be sidelined indefinitely, which should give Dallas and inside track to come out on top in what has become a best two-of-three series.
NBA Round 1 matchups
| Western Conference | Eastern Conference |
|---|---|
| Thunder (4) vs. Pelicans (0) | Celtics (3) vs. Heat (1) |
| Clippers (2) vs. Mavericks (2) | Cavaliers (2) vs. Magic (2) |
| Timberwolves (4) def. Suns (0) | Bucks (1) vs. Pacers (3) |
| Nuggets (4) vs. Lakers (1) | Knicks (3) vs. 76ers (1) |
NBA Finals odds over time
With the Celtics being a major favorite to win the NBA Finals, there's been little movement lately at our best sportsbooks. The Celtics' and Nuggets' odds are shortening, while the Minnesota Timberwolves have been the biggest risers on the oddsboard.
Beyond those big four, our best live betting sites differ on the odds, with the Suns, Thunder, and Mavericks all in that next tier of contenders. Dallas, in particular, has experienced a notable shift in the odds over the last month, with books like Caesars slashing its price from 40/1 to 16/1 thanks to the brilliant play of Doncic lately.
NBA Finals opening odds
Odds as of June 12, 2023
| Team | Odds |
|---|---|
| Nuggets | +500 |
| Celtics | +550 |
| Bucks | +600 |
| Suns | +850 |
| Mavericks | +1200 |
| Warriors | +1200 |
| Lakers | +1200 |
| Clippers | +1400 |
| 76ers | +1400 |
| Grizzlies | +2000 |
| Heat | +2000 |
| Cavaliers | +2500 |
| Kings | +3000 |
| Pelicans | +3500 |
| Knicks | +4000 |
| Hawks | +6600 |
| Timberwolves | +6600 |
| Thunder | +6600 |
| Raptors | +8000 |
| Nets | +10000 |
| Rockets | +10000 |
| Trail Blazers | +10000 |
| Bulls | +12500 |
| Pacers | +15000 |
| Magic | +15000 |
| Jazz | +15000 |
| Wizards | +15000 |
| Spurs | +20000 |
| Hornets | +50000 |
| Pistons | +50000 |
NBA finalists odds 2023-24
(Odds via FanDuel as of April 29)
| Matchup | Odds |
|---|---|
| Celtics vs. Nuggets | +170 |
| Celtics vs. Thunder | +500 |
| Celtics vs. Timberwolves | +650 |
| Knicks vs. Nuggets | +850 |
| Celtics vs. Mavericks | +950 |
| Celtics vs. Clippers | +2100 |
| Knicks vs. Thunder | +2100 |
| Pacers vs. Nuggets | +2400 |
| Knicks vs. Timberwolves | +2600 |
| Knicks vs. Mavericks | +3600 |
NBA Finals exact result odds
(Odds via FanDuel as of April 29)
| Matchup | Odds |
|---|---|
| Celtics to beat Nuggets | +390 |
| Nuggets to beat Celtics | +500 |
| Celtics to beat Thunder | +800 |
| Celtics to beat Timberwolves | +940 |
| Nuggets to beat Knicks | +1340 |
| Celtics to beat Mavericks | +1480 |
| Thunder to beat Celtics | +1600 |
| Timberwolves to beat Celtics | +2000 |
| Knicks to beat Nuggets | +2400 |
| Mavericks to beat Celtics | +2600 |
Past NBA Finals winners
| Team | Year | Preseason odds |
|---|---|---|
| Denver Nuggets | 2023 | +1800 |
| Golden State Warriors | 2022 | +1200 |
| Milwaukee Bucks | 2021 | +550 |
| Los Angeles Lakers | 2020 | +1800 |
| Toronto Raptors | 2019 | +6600 |
| Golden State Warriors | 2018 | -168 |
| Golden State Warriors | 2017 | +215 |
| Cleveland Cavaliers | 2016 | +300 |
| Golden State Warriors | 2015 | +2500 |
| San Antonio Spurs | 2014 | +100 |
| Miami Heat | 2013 | +250 |
Teams with the most NBA Championships
| Team | Championships |
|---|---|
| Lakers | 17 |
| Celtics | 17 |
| Warriors | 7 |
| Bulls | 6 |
| Spurs | 5 |
| 76ers | 3 |
| Pistons | 3 |
| Heat | 3 |
| Knicks | 2 |
| Rockets | 2 |
| Bucks | 2 |
NBA Championship FAQs
Who are the NBA Finals favorites?
The Boston Celtics are the favorites to win the 2024 NBA championship, with odds as long as +135. Those odds imply a probability of 42.55% that the Celtics will win the NBA championship.
Who won the NBA Finals last year?
The Denver Nuggets defeated the Miami Heat in five games during the 2023 NBA Finals, securing their first NBA title in franchise history.
When will the 2024 NBA Finals be decided?
The 2024 NBA Finals begin on June 1, with Game 7 (if necessary) scheduled for June 18.
NBA betting odds pages
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Related pages
- Best Sports Betting Sites | Best Sportsbook Promos (U.S. only)
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