NBA Championship Odds: Latest NBA Finals Odds and Predictions [12/5/2023]

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Written by Kevin Hansen
NBA Championship Odds: Latest NBA Finals Odds and Predictions [12/5/2023]

The latest NBA championship odds have been updated as of December 5, 2023, which considers every team's current NBA title chances.

Using 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 most likely contenders for the championship.

Current Odds to Win NBA Championship [12/5/2023]

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 32.5%.

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

1. Boston Celtics

  • Dimers Probability: 32.5%
  • Championship Odds: +380 at DraftKings

The Celtics are currently projected to have a 32.5% chance of winning the 2023/24 NBA title, with the most favorable odds of +380 available at DraftKings.

Additionally, Boston is rated with a 50.0% chance of winning the Eastern Conference, and DraftKings offers the best odds of +155 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: 20.1%
  • Championship Odds: +425 at BetMGM

The Nuggets have a 20.1% chance of clinching the 2023/24 NBA title, and the most favorable odds of +425 can be found at BetMGM.

Furthermore, Denver is rated with a 36.4% chance of winning the Western Conference, and BetMGM offers the best odds of +240 for this scenario.

 

As well as providing 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: 11.7%
  • Championship Odds: +450 at BetMGM

The Bucks are projected to have a 11.7% 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 20.3% chance of winning the Eastern Conference, and BetMGM offers the best odds of +185 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: 6.4%
  • Championship Odds: +700 at DraftKings

The Suns are projected to have a 6.4% 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 15.9% chance of winning the Western Conference, and DraftKings offers the best odds of +350 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: 6.0%
  • Championship Odds: +1500 at FanDuel

The 76ers are projected to have a 6.0% chance of securing the 2023/24 NBA title, with the most favorable odds of +1500 currently available at FanDuel.

Additionally, Philadelphia is rated with a 10.2% chance of winning the Eastern Conference, and BetMGM offers the best odds of +600 for this outcome.

 

NBA Title Odds as of December 5, 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 32.5% +380 🔥 DraftKings
Nuggets 20.1% +425 🔥 BetMGM
Bucks 11.7% +450 BetMGM
Suns 6.4% +700 DraftKings
76ers 6.0% +1500 FanDuel
Timberwolves 4.4% +2800 DraftKings
Cavaliers 3.4% +3500 DraftKings
Warriors 2.6% +1900 FanDuel
Thunder 2.1% +6500 DraftKings
Lakers 1.9% +2200 BetMGM
Knicks 1.9% +6000 DraftKings
Clippers 1.9% +3000 FanDuel
Heat 1.8% +4000 BetMGM
Kings 1.2% +4500 DraftKings
Mavericks 1.2% +2800 DraftKings
Hawks 0.4% +10000 BetMGM
Pelicans 0.2% +5500 FanDuel
Pacers 0.1% +25000 DraftKings
Magic 0.1% +18000 DraftKings
Nets 0.1% +35000 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.

  • Detroit Pistons
  • Charlotte Hornets
  • Chicago Bulls
  • Washington Wizards
  • Toronto Raptors
  • San Antonio Spurs
  • Memphis Grizzlies
  • 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?

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 believes a bet has a higher likelihood of cashing than the sportsbooks think. This means the higher the edge, the better for you.

Although an edge does not guarantee a win, taking Dimers' plays that have a higher betting edge can increase your chances of being a profitable bettor in the long run. This is an essential aspect of successful sports betting.

Make Smarter NBA Futures Betting Decisions Today - 12/5/2023

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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