NBA Championship Odds: Latest NBA Finals Odds and Predictions [3/5/2024]

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Written by Kevin Hansen
NBA Championship Odds: Latest NBA Finals Odds and Predictions [3/5/2024]

The latest NBA championship odds have been updated as of March 5, 2024, which covers every team's up-to-date NBA title chances.

Using our advanced predictive analytics model, this article will provide insights into 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 strongest chance of winning the NBA title is the Boston Celtics, followed by the Milwaukee Bucks. 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 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 projected contenders for the championship.

Current Odds to Win NBA Championship [3/5/2024]

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 38.4%.

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

1. Boston Celtics

  • Dimers Probability: 38.4%
  • Championship Odds: +230

The Celtics are currently projected to have a 38.4% chance of winning the 2023/24 NBA title, with the most favorable odds of +230 available at DraftKings Sportsbook.

Additionally, Boston is rated with a 59.5% chance of winning the Eastern Conference, and DraftKings Sportsbook offers the best odds of -340 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. Milwaukee Bucks

  • Dimers Probability: 13.1%
  • Championship Odds: +700

The Bucks have a 13.1% chance of clinching the 2023/24 NBA title, and the most favorable odds of +700 can be found at BetMGM Sportsbook.

Furthermore, Milwaukee is rated with a 21.1% chance of winning the Eastern Conference, and FanDuel Sportsbook offers the best odds of +250 for this scenario.

 

As well as presenting these odds and probabilities on the Bucks to win the title, Dimers produces NBA player props throughout the season, including points, rebounds and assists projections for Giannis Antetokounmpo.

3. Denver Nuggets

  • Dimers Probability: 10.6%
  • Championship Odds: +450

The Nuggets are projected to have a 10.6% chance of securing the 2023/24 NBA title, and you can find the most favorable odds of +450 at BetMGM.

Denver, lead by Nikola Jokic, is rated with a 23.8% chance of winning the Western Conference, and BetMGM offers the best odds of +950 for this outcome.

 

Speaking of Nikola Jokic, make sure you check out our NBA betting trends, where you can find just how often players such as the Nuggets star are hitting their prop lines.

4. Minnesota Timberwolves

  • Dimers Probability: 8.2%
  • Championship Odds: +2500

The Timberwolves are projected to have a 8.2% chance of winning the 2023/24 NBA title, and the most favorable odds of +2500 can be found at BetMGM.

Furthermore, Minnesota is rated with a 21.1% chance of winning the Western Conference, and DraftKings Sportsbook offers the best odds of +900 for this scenario.

 

Wondering how Anthony Edwards and the Timberwolves 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: 7.9%
  • Championship Odds: +2500

The Thunder are projected to have a 7.9% 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 17.8% chance of winning the Western Conference, and DraftKings Sportsbook offers the best odds of +250 for this outcome.

 

NBA Title Odds as of March 5, 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 38.4% +230 🔥 DraftKings
Bucks 13.1% +700 BetMGM
Nuggets 10.6% +450 BetMGM
Timberwolves 8.2% +2500 🔥 BetMGM
Thunder 7.9% +2500 🔥 DraftKings
Clippers 4.3% +500 BetMGM
Suns 4.1% +1800 BetMGM
76ers 3.6% +3900 🔥 FanDuel
Knicks 2.0% +3200 FanDuel
Heat 1.9% +3500 BetMGM
Kings 1.6% +7500 DraftKings
Pelicans 1.0% +8000 FanDuel
Magic 0.8% +30000 DraftKings
Mavericks 0.7% +3200 FanDuel
Cavaliers 0.6% +3500 DraftKings
Pacers 0.5% +15000 DraftKings
Lakers 0.4% +4000 FanDuel
Warriors 0.4% +4200 FanDuel

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
  • Atlanta Hawks
  • Chicago Bulls
  • Washington Wizards
  • Toronto Raptors
  • Brooklyn Nets
  • San Antonio Spurs
  • Memphis Grizzlies
  • Houston Rockets
  • Portland Trail Blazers
  • Utah Jazz

Check out the latest 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 higher chance of cashing than the sportsbooks are giving it. That's why the higher the edge, the better for us.

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 being a successful sports bettor.

Make Informed NBA Futures Betting Decisions Today - 3/5/2024

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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