NBA Championship Odds: Latest NBA Finals Odds and Predictions [11/8/2023]

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Written by Kevin Hansen
NBA Championship Odds: Latest NBA Finals Odds and Predictions [11/8/2023]

The latest NBA championship odds have been updated as of November 8, 2023, which considers every team's up-to-date NBA title chances.

Using our powerful predictive analytics model, DimersBOT, we are able to provide insights into 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 greatest likelihood of winning the NBA title is the Boston Celtics, followed by the the Denver Nuggets. Additionally, by making use of the sportsbook offers listed below, you can maximize the value of your NBA futures bets.

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 [11/8/2023]

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 23.6%.

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

1. Boston Celtics

  • Dimers Probability: 23.6%
  • Championship Odds: +370 at FanDuel

The Celtics are currently projected to have a 23.6% chance of winning the 2023/24 NBA title, with the most favorable odds of +370 available at FanDuel.

Additionally, Boston is rated with a 37.7% 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: 23.4%
  • Championship Odds: +500 at BetMGM

The Nuggets have a 23.4% chance of clinching the 2023/24 NBA title, and the most favorable odds of +500 can be found at BetMGM.

Furthermore, Denver is rated with a 39.4% chance of winning the Western Conference, and FanDuel offers the best odds of +260 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: 12.4%
  • Championship Odds: +425 at DraftKings

The Bucks are projected to have a 12.4% chance of securing the 2023/24 NBA title, and you can find the most favorable odds of +425 at DraftKings.

Milwaukee, lead by Giannis Antetokounmpo, is rated with a 23.3% 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. Phoenix Suns

  • Dimers Probability: 7.7%
  • Championship Odds: +700 at DraftKings

The Suns are projected to have a 7.7% chance of winning the 2023/24 NBA title, and the most favorable odds of +700 can be found at DraftKings.

Furthermore, Phoenix is rated with a 16.7% chance of winning the Western Conference, and DraftKings offers the best odds of +380 for this scenario.

 

Wondering how Devin Booker and the Suns 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. Philadelphia 76ers

  • Dimers Probability: 6.3%
  • Championship Odds: +3000 at BetMGM

The 76ers are projected to have a 6.3% chance of securing the 2023/24 NBA title, with the most favorable odds of +3000 currently available at BetMGM.

Additionally, Philadelphia is rated with a 12.7% chance of winning the Eastern Conference, and PointsBet offers the best odds of +1200 for this outcome.

 

NBA Title Odds as of November 8, 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.

If you 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 23.6% +370 🔥 FanDuel
Nuggets 23.4% +500 🔥 BetMGM
Bucks 12.4% +425 DraftKings
Suns 7.7% +700 DraftKings
76ers 6.3% +3000 🔥 BetMGM
Clippers 6.0% +1400 PointsBet
Warriors 4.7% +1400 FanDuel
Knicks 3.9% +6500 🔥 DraftKings
Cavaliers 3.4% +3000 DraftKings
Lakers 2.5% +1600 BetMGM
Mavericks 1.5% +3000 FanDuel
Heat 1.4% +3600 FanDuel
Hawks 1.0% +10000 BetMGM
Pelicans 0.8% +5000 BetMGM
Timberwolves 0.7% +7000 PointsBet
Thunder 0.3% +8000 BetMGM
Grizzlies 0.2% +7000 DraftKings
Nets 0.1% +20000 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.

  • Indiana Pacers
  • Sacramento Kings
  • Detroit Pistons
  • Charlotte Hornets
  • Chicago Bulls
  • Washington Wizards
  • Orlando Magic
  • Toronto Raptors
  • San Antonio Spurs
  • Houston Rockets
  • 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 chance of winning than the sportsbooks are giving it. This means the higher the edge, the better for us.

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

Make Informed NBA Futures Betting Decisions Today - 11/8/2023

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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