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NBA Championship Betting Odds

Matthew Glazier for Bookies.com

Matthew Glazier  | 6 mins

NBA Championship Betting Odds

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With little over three weeks in the NBA season, the playoff races are really heating up in both the Eastern and Western Conferences. Some teams continue to defy preseason expectations at NBA betting apps, while others have disappointed and are all but out of contention.

Despite one of the worst road records in the Association, the Golden State Warriors have clawed their way out of the play-in places and are looking up in the West. They are no longer one of the favorites to win it all with US betting apps, but with Stephen Curry on the roster, they will always be dangerous.

The Phoenix Suns jumped up in the odds at USA sports betting sites with their trade deadline acquisition of Kevin Durant from the Brooklyn Nets. When he has been healthy, the Suns have been a problem. But he’s on the sidelines again and will need to get right for the playoffs.

The current favorites on NBA betting sites are the 2020 NBA champions, the Milwaukee Bucks. Inspired by Giannis Antetokounmpo, the Bucks have been on a remarkable run that has seen them go 21-3 in their last 24. They have usurped the Boston Celtics at the top of the East and have the best record in the NBA. 

The Denver Nuggets have led the West for much of the season but are somewhat stumbling to the finish line to allow some of their other rivals like the surprising Sacramento Kings and Memphis Grizzlies catch up in the standings. 

The race for a play-in spot is fierce in both conferences. It seems inconceivable that the Los Angeles Lakers with LeBron James and Anthony Davis won’t make the playoffs, but they have been behind the eight-ball all season long. Their trade deadline acquisitions appear to have improved them, but will they have enough? The return of Zion Williamson can’t come soon enough for the New Orleans Pelicans as they have drifted outside the play-in places in his absence. Meanwhile, the Indiana Pacers and Chicago Bulls are on the outside looking in at the last play-in spot in the East.

Boston Celtics, Golden State Warriors and LA Clippers Among 22-23 Preseason Favorites

While the market is always subject to change as the regular season goes on, there are early favorites with betting apps in the preseason.

Last season’s beaten finalists, the Boston Celtics, have been seen as the early team to beat in the league. They produced a great, and somewhat unexpected, run to the final in the 2022 NBA Finals and perhaps they are capable of going one better in the not-too-distant future.

However, some betting customers will instead look to wager on a team with a more solid track record, and none have a better one than the Golden State Warriors. There is perhaps no stronger NBA lineup than the starting five for the Warriors. Between 2015-2022, the Warriors have reached the NBA Finals on six separate occasions winning four championships, including this past season.

The LA Clippers are well respected in the NBA Futures betting market, although they have never been to the NBA Finals. The return of Kawhi Leonard makes them top of the NBA picks for many people this season. The Milwaukee Bucks were crowned the 2021 champions, which rightfully makes Giannis Antetokounmpo and Co. one of the favorites.

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NBA Championship Winner Betting Trends

Despite the dominance of Golden State over the past few years, they have only won one of the past four NBA Finals. Indeed, there is evidence to suggest their monopoly in the National Basketball Association is coming to a close, with several other teams catching up with them.

We saw the Toronto Raptors win it all in 2019, and LeBron James’ Los Angeles Lakers beat Miami Heat to the crown in 2020. The Milwaukee Bucks were then able to secure a victory the season after with a 4-2 win over the Phoenix Suns in the Finals.

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How to Back Winners on the NBA Championship Winner Market

The first port of call is to identify the teams that are going to win the Eastern Conference and Western Conference respectively. It might be that you have a strong fancy for one of these sections, but you have to weigh up the relative strengths and weaknesses of the conference as there might be a tough route through to the NBA Finals due to other strong teams.

There are two simple choices on the eve of an NBA basketball season. You can either gather up the evidence of previous campaigns, the NBA draft and free agency to make a decision on who is going to prosper based on these results. Alternatively, there is the opportunity to wait until the regular season gets under way to assess the relative performances of each club before using any free bets on the team of your choice.

About the Author

Matthew Glazier for Bookies.com
Matthew Glazier
Matthew Glazier, the former Head of Marketing at bet365, is a veteran in the online betting industry and contributes to Bookies.com.