NBA Championship Odds: Latest NBA Finals Odds and Predictions [11/24/2023]

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Written by Kevin Hansen
NBA Championship Odds: Latest NBA Finals Odds and Predictions [11/24/2023]

The latest NBA championship odds have been updated as of November 24, 2023, which considers every team's up-to-date NBA title chances.

Thanks to our advanced predictive analytics model, DimersBOT, we are able to provide an analysis of each team's likelihood of winning the 2023/24 NBA championship, along with their odds of winning their respective conference.

According to Dimers' in-house NBA Championship Odds, the team with the most favorable outlook of winning the NBA title is the Boston Celtics, followed by the the Denver Nuggets. Additionally, by taking advantage of the sportsbook offers listed below, you can maximize the value of your NBA futures bets.

Dimers provides NBA fans with NBA picks every day, including insights into the likelihood of each team becoming this season's champion. Below, you'll find detailed information on the top five projected contenders for the championship.

Current Odds to Win NBA Championship [11/24/2023]

After simulating the remainder of the regular season and playoffs, DimersBOT has identified the Celtics as the team most likely to become NBA champions, with a probability of 27.6%.

The top five contenders for the NBA championship also include the Nuggets, Bucks, 76ers, and Suns.

1. Boston Celtics

  • Dimers Probability: 27.6%
  • Championship Odds: +380 at DraftKings

The Celtics are currently projected to have a 27.6% chance of winning the 2023/24 NBA title, with the most favorable odds of +380 available at DraftKings.

Additionally, Boston is rated with a 43.8% chance of winning the Eastern Conference, and DraftKings offers the best odds of +160 for this outcome.

 

As well futures projections on the NBA title, our team of experts offer NBA Best Bets for every single game of the season.

2. Denver Nuggets

  • Dimers Probability: 17.7%
  • Championship Odds: +440 at FanDuel

The Nuggets have a 17.7% chance of clinching the 2023/24 NBA title, and the most favorable odds of +440 can be found at FanDuel.

Furthermore, Denver is rated with a 35.1% chance of winning the Western Conference, and FanDuel offers the best odds of +240 for this scenario.

 

As well as presenting these odds and probabilities on the Nuggets to win the title, Dimers produces NBA player props throughout the season, including points, rebounds and assists projections for Nikola Jokic.

3. Milwaukee Bucks

  • Dimers Probability: 12.5%
  • Championship Odds: +450 at BetMGM

The Bucks are projected to have a 12.5% chance of securing the 2023/24 NBA title, and you can find the most favorable odds of +450 at BetMGM.

Milwaukee, lead by Giannis Antetokounmpo, is rated with a 20.0% chance of winning the Eastern Conference, and DraftKings offers the best odds of +190 for this outcome.

 

Speaking of Giannis Antetokounmpo, make sure you check out our NBA betting trends, where you can find just how often players such as the Bucks star are hitting their prop lines.

4. Philadelphia 76ers

  • Dimers Probability: 8.8%
  • Championship Odds: +1500 at FanDuel

The 76ers are projected to have a 8.8% chance of winning the 2023/24 NBA title, and the most favorable odds of +1500 can be found at FanDuel.

Furthermore, Philadelphia is rated with a 14.5% chance of winning the Eastern Conference, and FanDuel offers the best odds of +700 for this scenario.

 

Wondering how Joel Embiid and the 76ers will fare in their next game? Our NBA predictions page has probabilities for the spread, moneyline and over/under for each and every game on the slate.

5. Phoenix Suns

  • Dimers Probability: 8.8%
  • Championship Odds: +750 at DraftKings

The Suns are projected to have a 8.8% chance of securing the 2023/24 NBA title, with the most favorable odds of +750 currently available at DraftKings.

Additionally, Phoenix is rated with a 19.2% chance of winning the Western Conference, and DraftKings offers the best odds of +380 for this outcome.

 

NBA Title Odds as of November 24, 2023

Here, we've shown you how likely it is that each team will win the NBA title and given you the best odds from sportsbooks to bet on them.

See a 🔥? That means our model thinks that team is a +EV bet to win the NBA championship.

Team Title Probability Championship Odds Bet Now
Celtics 27.6% +380 🔥 DraftKings
Nuggets 17.7% +440 FanDuel
Bucks 12.5% +450 BetMGM
76ers 8.8% +1500 🔥 FanDuel
Suns 8.8% +750 DraftKings
Cavaliers 3.7% +3500 DraftKings
Lakers 3.2% +2100 FanDuel
Timberwolves 2.9% +3000 DraftKings
Warriors 2.9% +1400 FanDuel
Clippers 2.6% +2200 BetMGM
Knicks 2.0% +6500 DraftKings
Heat 1.9% +4000 BetMGM
Mavericks 1.9% +2500 BetMGM
Thunder 1.6% +6600 BetMGM
Hawks 0.8% +9500 FanDuel
Kings 0.4% +6600 BetMGM
Magic 0.2% +25000 DraftKings
Pelicans 0.2% +6500 DraftKings
Pacers 0.1% +25000 DraftKings

NBA Teams With a 0% Chance of Winning the Championship

The teams on the list above are the ones that our predictive model thinks have at least a 0.1% chance of winning the NBA title this season. The teams below are either completely out of the running or have won none of our model's thousands of simulations of the rest of the season.

  • Toronto Raptors
  • Brooklyn Nets
  • Detroit Pistons
  • Charlotte Hornets
  • Chicago Bulls
  • Washington Wizards
  • San Antonio Spurs
  • Memphis Grizzlies
  • Houston Rockets
  • Portland Trail Blazers
  • Utah Jazz

Check out the current odds to win the NBA championship if you want to bet on one of the teams that are still in the running.

What Is an Edge in NBA Futures Betting?

The edge at Dimers is when we think the probability of an event occurring is more likely than the best odds available. Essentially, it means that our NBA model projects a bet has a better likelihood of cashing than the sportsbooks are giving it. That's why the higher the edge, the better.

Although it does not guarantee that you will win a given bet, taking picks with a higher betting edge can increase your chances of being profitable in the long run. This is an essential aspect of a successful sports betting strategy.

Make Informed NBA Futures Betting Decisions Today - 11/24/2023

At Dimers.com, we take the responsibility of providing NBA futures picks very seriously, especially when considering the implications of gambling and the potential impact on our users' financial well-being and quality of life.

While we strive to provide accurate and insightful betting advice, we always recommend that our users exercise caution and conduct their own research before using our futures picks or any other betting advice, as ultimately, it's up to each individual to make informed decisions that align with their personal values and goals. If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER.

All odds and probabilities in this article are correct and accurate at the time of publishing.

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Written by
Kevin Hansen
Senior Sports Analyst

Kevin Hansen specializes in NFL, NBA, MLB, and NHL content, using data-driven insights for sports betting. He provides simple, actionable betting tips to help bettors find an edge and pick winners.

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