NBA Championship Odds: Latest NBA Finals Odds and Predictions [4/16/2024]
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The latest NBA championship odds have been updated as of April 16, 2024, which covers every team's up-to-date NBA title chances as we advance through the postseason.
Thanks to 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 most favorable outlook 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 fans 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 projected contenders for the championship.
Current Odds to Win NBA Championship [4/16/2024]
After simulating the remainder of the postseason, our supercomputer has identified the Celtics as the team most likely to become NBA champions, with a probability of 32.1%.
The top five contenders for the NBA championship also include the Nuggets, Clippers, Bucks, and Thunder.
1. Boston Celtics
- Dimers Probability: 32.1%
- Championship Odds: +180
The Celtics are currently projected to have a 32.1% chance of winning the 2023/24 NBA title, with the most favorable odds of +180 available at BetMGM Sportsbook.
Additionally, Boston is rated with a 58.3% chance of winning the Eastern Conference, and BetMGM offers the best odds of -175 for this outcome.
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By signing up to Dimers Pro you can find our NBA Best Bets for every single game of the season.
2. Denver Nuggets
- Dimers Probability: 20.1%
- Championship Odds: +300
The Nuggets have a 20.1% chance of clinching the 2023/24 NBA title, and the most favorable odds of +300 can be found at BetMGM.
Furthermore, Denver is rated with a 36.0% chance of winning the Western Conference, and BetMGM offers the best odds of +140 for this scenario.
As well as presenting these odds and probabilities on the Nuggets to win the title, Dimers has NBA player props throughout the season, including points, rebounds and assists projections for Nikola Jokic.
3. LA Clippers
- Dimers Probability: 6.1%
- Championship Odds: +1400
The Clippers are projected to have a 6.1% chance of securing the 2023/24 NBA title, and you can find the most favorable odds of +1400 at FanDuel Sportsbook.
Los Angeles, lead by Kawhi Leonard, is rated with a 12.1% chance of winning the Western Conference, and FanDuel Sportsbook offers the best odds of +650 for this outcome.
Speaking of Kawhi Leonard, make sure you check out our NBA betting trends, where you can find just how often players such as the Clippers star are hitting their prop lines.
4. Milwaukee Bucks
- Dimers Probability: 5.8%
- Championship Odds: +1400
The Bucks are projected to have a 5.8% chance of winning the 2023/24 NBA title, and the most favorable odds of +1400 can be found at DraftKings Sportsbook.
Furthermore, Milwaukee is rated with a 11.3% chance of winning the Eastern Conference, and FanDuel Sportsbook offers the best odds of +700 for this scenario.
Wondering how Giannis Antetokounmpo and the Bucks 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: 5.8%
- Championship Odds: +1600
The Thunder are projected to have a 5.8% chance of securing the 2023/24 NBA title, with the most favorable odds of +1600 currently available at BetMGM.
Additionally, Oklahoma City is rated with a 13.3% chance of winning the Western Conference, and BetMGM offers the best odds of +700 for this outcome.
NBA Title Odds as of April 16, 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.
If you 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 | 32.1% | +180 | BetMGM |
Nuggets | 20.1% | +300 | BetMGM |
Clippers | 6.1% | +1400 | FanDuel |
Bucks | 5.8% | +1400 | DraftKings |
Thunder | 5.8% | +1600 | BetMGM |
Mavericks | 5.6% | +1800 | BetMGM |
Timberwolves | 5.3% | +2500 🔥 | DraftKings |
76ers | 5.2% | +1900 | DraftKings |
Suns | 3.4% | +2000 | BetMGM |
Lakers | 3.2% | +3500 | BetMGM |
Cavaliers | 2.3% | +6000 | DraftKings |
Heat | 1.6% | +4200 | FanDuel |
Knicks | 1.6% | +4000 | DraftKings |
Pelicans | 0.7% | +8000 | DraftKings |
Bulls | 0.7% | +100000 | BetMGM |
Pacers | 0.6% | +15000 | 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.
- Golden State Warriors
- Atlanta Hawks
- Orlando Magic
- Sacramento Kings
Check out the most recent 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?
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 winning than the sportsbooks are giving it. That's why the higher the edge, the better for you.
Although it does not guarantee a win, consistently taking Dimers' plays that have a higher betting edge can increase your chances of being profitable in the long run. This is an essential aspect of successful sports betting.
Make Smarter NBA Futures Betting Decisions Today - 4/16/2024
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.