NBA Championship Odds: Latest NBA Finals Odds and Predictions [1/31/2024]

NBA Championship Odds: Latest NBA Finals Odds and Predictions [1/31/2024]

The latest NBA championship odds have been updated as of January 31, 2024, which includes every team's up-to-date NBA title chances.

Using our advanced predictive analytics model, this article will provide expertise on 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 highest probability of winning the NBA title is the Boston Celtics, followed by the Denver Nuggets. Additionally, by making use 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 [1/31/2024]

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 34.1%.

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

1. Boston Celtics

  • Dimers Probability: 34.1%
  • Championship Odds: +310

The Celtics are currently projected to have a 34.1% chance of winning the 2023/24 NBA title, with the most favorable odds of +310 available at FanDuel Sportsbook.

Additionally, Boston is rated with a 59.3% chance of winning the Eastern Conference, and BetMGM Sportsbook offers the best odds of +140 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: 17.1%
  • Championship Odds: +450

The Nuggets have a 17.1% 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 29.6% chance of winning the Western Conference, and DraftKings Sportsbook offers the best odds of +220 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: 11.4%
  • Championship Odds: +550

The Bucks are projected to have a 11.4% chance of securing the 2023/24 NBA title, and you can find the most favorable odds of +550 at DraftKings Sportsbook.

Milwaukee, lead by Giannis Antetokounmpo, is rated with a 18.6% chance of winning the Eastern Conference, and DraftKings Sportsbook offers the best odds of +250 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. LA Clippers

  • Dimers Probability: 9.1%
  • Championship Odds: +700

The Clippers are projected to have a 9.1% chance of winning the 2023/24 NBA title, and the most favorable odds of +700 can be found at BetMGM.

Furthermore, Los Angeles is rated with a 11.0% chance of winning the Western Conference, and BetMGM offers the best odds of +325 for this scenario.

 

Wondering how Kawhi Leonard and the Clippers 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. Oklahoma City Thunder

  • Dimers Probability: 6.0%
  • Championship Odds: +2000

The Thunder are projected to have a 6.0% chance of securing the 2023/24 NBA title, with the most favorable odds of +2000 currently available at DraftKings Sportsbook.

Additionally, Oklahoma City is rated with a 13.8% chance of winning the Western Conference, and FanDuel Sportsbook offers the best odds of +950 for this outcome.

 

NBA Title Odds as of January 31, 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.

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 34.1% +310 🔥 FanDuel
Nuggets 17.1% +450 DraftKings
Bucks 11.4% +550 DraftKings
Clippers 9.1% +700 BetMGM
Thunder 6.0% +2000 🔥 DraftKings
76ers 5.0% +1200 DraftKings
Timberwolves 4.1% +2000 DraftKings
Kings 2.6% +5000 BetMGM
Knicks 1.9% +3500 DraftKings
Suns 1.7% +1300 BetMGM
Pacers 1.4% +7500 DraftKings
Pelicans 1.4% +6000 DraftKings
Cavaliers 1.4% +6000 FanDuel
Heat 1.2% +4000 BetMGM
Mavericks 0.6% +4200 FanDuel
Warriors 0.5% +6600 BetMGM
Magic 0.3% +15000 BetMGM
Bulls 0.1% +50000 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.

  • Atlanta Hawks
  • LA Lakers
  • Detroit Pistons
  • Charlotte Hornets
  • Washington Wizards
  • Toronto Raptors
  • Brooklyn Nets
  • 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?

An edge occurs when Dimers' model projects the probability of an event to be higher than the best odds available. Essentially, it means that our NBA model projects a bet has a better likelihood of winning than the sportsbooks think. This means the higher the edge, the better.

Although it does not guarantee that you will win a given bet, taking Dimers' plays 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 - 1/31/2024

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.

Kevin Hansen
Senior Sports Analyst

Kevin Hansen has a track record of delivering high-quality content. He writes about all sports, but his favorites are the NFL, NBA, MLB, and NHL. Kevin enjoys crunching the numbers and using data-driven insights to take on the sportsbooks. The majority of Kevin's time is spent writing about sports betting. His love for data and analytics drove him into the world of sports betting. Finding an edge in sports betting can take a long time, but Kevin believes it is well worth the effort. Kevin is just as passionate about sports as you are, and he empowers fellow bettors to become more educated through simple, actionable betting tips. It can be difficult to navigate the world of sports betting, which is where Kevin comes in to make it as simple as possible for you to pick a winner.

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