2023 NBA championship odds: Denver Nuggets new favorites to win title


Despite holding a 3-2 series lead over the Boston Celtics, the Miami Heat currently have the longest odds to win the NBA Championship with three teams remaining. You read that correctly, Miami has longer odds than Boston even though the Heat are up in the series.

Miami has seen its odds lengthen to +450 and hopes to avoid the ignominious distinction of being the first team to lose a 3-0 series lead. 

Boston was favored to win it all coming into the playoffs, but when the Celtics had zero wins after three games, the Celtics championship odds fell from +100 to +1300. Now that the C’s have made it a 3-2 series, Boston’s odds to win it all have shortened to +260.

While Boston and Miami battle it out, The Denver Nuggets are resting up as the new betting favorite (-200 at FOX Bet, bet $10 to win $15 total) to win the NBA Finals.

Nikola Jokic and the Nuggets swept LeBron James and the Los Angeles Lakers in the Western Conference Finals, and they have surged in popularity with bettors to win it all.

The NBA Finals are scheduled to begin June 1.

Here are the updated championship futures for the remaining teams.

2022-23 NBA title odds (via FOX Bet)*

Denver Nuggets -200 (bet $10 to win $13 total)
Boston Celtics +260 (bet $10 to win $36 total)
Miami Heat +450 (bet $10 to win $55 total)

* Odds as of 5/26/23

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