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NBA Championship Odds: Latest NBA Finals Odds and Predictions [1/17/2024]

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Written by Kevin Hansen
NBA Championship Odds: Latest NBA Finals Odds and Predictions [1/17/2024]

The latest NBA championship odds have been updated as of January 17, 2024, which covers every team's current NBA title chances.

Using our advanced predictive analytics model, this article will provide an analysis of the following:

  • Each team's likelihood of winning the 2023/24 NBA championship
  • The latest odds for teams winning their respective conference
  • The sportsbooks offering you the best odds for NBA futures betting

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 Denver Nuggets. Additionally, by taking advantage of the sportsbook offers listed below, you can maximize the value of your NBA futures bets through the power of sign-up deals.

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

Current Odds to Win NBA Championship [1/17/2024]

After simulating the remainder of the regular season and playoffs, our supercomputer has identified the Celtics as the team most likely to become NBA champions, with a probability of 36.7%.

The top five contenders for the NBA championship also include the Nuggets, Bucks, Thunder, and Pelicans.

1. Boston Celtics

  • Dimers Probability: 36.7%
  • Championship Odds: +325

The Celtics are currently projected to have a 36.7% chance of winning the 2023/24 NBA title, with the most favorable odds of +325 available at BetMGM Sportsbook.

Additionally, Boston is rated with a 56.0% chance of winning the Eastern Conference, and BetMGM offers the best odds of +130 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: 17.6%
  • Championship Odds: +450

The Nuggets have a 17.6% chance of clinching the 2023/24 NBA title, and the most favorable odds of +450 can be found at DraftKings Sportsbook.

Furthermore, Denver is rated with a 33.0% chance of winning the Western Conference, and DraftKings Sportsbook offers the best odds of +210 for this scenario.

 

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

3. Milwaukee Bucks

  • Dimers Probability: 10.2%
  • Championship Odds: +475

The Bucks are projected to have a 10.2% chance of securing the 2023/24 NBA title, and you can find the most favorable odds of +475 at DraftKings Sportsbook.

Milwaukee, lead by Giannis Antetokounmpo, is rated with a 17.9% chance of winning the Eastern Conference, and FanDuel Sportsbook offers the best odds of +210 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. Oklahoma City Thunder

  • Dimers Probability: 7.9%
  • Championship Odds: +1800

The Thunder are projected to have a 7.9% chance of winning the 2023/24 NBA title, and the most favorable odds of +1800 can be found at BetMGM.

Furthermore, Oklahoma City is rated with a 17.8% chance of winning the Western Conference, and BetMGM offers the best odds of +900 for this scenario.

 

Wondering how Shai Gilgeous-Alexander and the Thunder 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. New Orleans Pelicans

  • Dimers Probability: 4.6%
  • Championship Odds: +6600

The Pelicans are projected to have a 4.6% chance of securing the 2023/24 NBA title, with the most favorable odds of +6600 currently available at BetMGM.

Additionally, New Orleans is rated with a 16.2% chance of winning the Western Conference, and BetMGM offers the best odds of +2500 for this outcome.

 

NBA Title Odds as of January 17, 2024

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.

If you 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 36.7% +325 🔥 BetMGM
Nuggets 17.6% +450 DraftKings
Bucks 10.2% +475 DraftKings
Thunder 7.9% +1800 🔥 BetMGM
Pelicans 4.6% +6600 🔥 BetMGM
Clippers 4.6% +1100 BetMGM
76ers 4.2% +1200 BetMGM
Cavaliers 3.2% +6000 🔥 DraftKings
Timberwolves 2.6% +2100 FanDuel
Suns 1.6% +1300 DraftKings
Kings 1.4% +4000 BetMGM
Pacers 1.2% +12000 DraftKings
Heat 1.0% +3600 FanDuel
Knicks 0.9% +4200 FanDuel
Mavericks 0.9% +3200 FanDuel
Magic 0.8% +15000 DraftKings
Warriors 0.3% +5000 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.

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

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

What Is an Edge in NBA Futures Betting?

An edge occurs when Dimers' model projects the probability of an event to be higher than the best odds available. Essentially, it means that DimersBOT believes a bet has a higher likelihood of winning than the sportsbooks are giving it. This means the higher the edge, the better for you.

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

Make Informed NBA Futures Betting Decisions Today - 1/17/2024

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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