NBA Championship Odds: Latest NBA Finals Odds and Predictions [2/20/2024]

The latest NBA championship odds have been updated as of February 20, 2024, which covers every team's current NBA title chances.

Thanks to our powerful 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 greatest likelihood of winning the NBA title is the Boston Celtics, followed by the Minnesota Timberwolves. 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 lovers 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 [2/20/2024]

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 40.8%.

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

1. Boston Celtics

• Dimers Probability: 40.8%
• Championship Odds: +260

The Celtics are currently projected to have a 40.8% chance of winning the 2023/24 NBA title, with the most favorable odds of +260 available at BetMGM Sportsbook.

Additionally, Boston is rated with a 61.8% chance of winning the Eastern Conference, and BetMGM offers the best odds of +120 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. Minnesota Timberwolves

• Dimers Probability: 11.8%
• Championship Odds: +2500

The Timberwolves have a 11.8% chance of clinching the 2023/24 NBA title, and the most favorable odds of +2500 can be found at BetMGM.

Furthermore, Minnesota is rated with a 32.2% chance of winning the Western Conference, and DraftKings Sportsbook offers the best odds of +900 for this scenario.

As well as presenting these odds and probabilities on the Timberwolves to win the title, Dimers offers NBA player props throughout the season, including points, rebounds and assists projections for Anthony Edwards.

3. Milwaukee Bucks

• Dimers Probability: 10.1%
• Championship Odds: +700

The Bucks are projected to have a 10.1% chance of securing the 2023/24 NBA title, and you can find the most favorable odds of +700 at DraftKings Sportsbook.

Milwaukee, lead by Giannis Antetokounmpo, is rated with a 21.8% chance of winning the Eastern Conference, and BetMGM offers the best odds of +300 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. Denver Nuggets

• Dimers Probability: 9.8%
• Championship Odds: +475

The Nuggets are projected to have a 9.8% chance of winning the 2023/24 NBA title, and the most favorable odds of +475 can be found at DraftKings Sportsbook.

Furthermore, Denver is rated with a 20.1% chance of winning the Western Conference, and DraftKings Sportsbook offers the best odds of +255 for this scenario.

Wondering how Nikola Jokic and the Nuggets 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: 4.8%
• Championship Odds: +2500

The Thunder are projected to have a 4.8% chance of securing the 2023/24 NBA title, with the most favorable odds of +2500 currently available at DraftKings Sportsbook.

Additionally, Oklahoma City is rated with a 11.4% chance of winning the Western Conference, and DraftKings Sportsbook offers the best odds of +950 for this outcome.

NBA Title Odds as of February 20, 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.

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
• 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 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 do. This means the higher the edge, the better.

Although an edge does not guarantee a win, 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 successful sports betting.

Make Smarter NBA Futures Betting Decisions Today - 2/20/2024

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.