Championship odds changed slightly from last week. Although the Celtics remain the favorite, Boston is now a +400 choice instead of a +360 pick. The odds fluctuation isn’t massive. But it might be big enough to warrant a bet on the chalk. The most pronounced move happened with the Brooklyn Nets, who continue to show incredible strength. Check out post-NBA Week 12 favorite, smart, and longshot picks along with an NBA Championship Odds analysis.
Updated 2023 NBA Championship Betting Odds After Week 12 Action
2023 NBA Finals
- When: Late May – June
Updated NBA Championship Odds
- Boston Celtics +400
- Milwaukee Bucks +550
- Golden State Warriors +1000
- Phoenix Suns +1000
- L.A. Clippers +1000
- Denver Nuggets +1300
- Brooklyn Nets +600
- Memphis Grizzlies +1300
- New Orleans Pelicans +2000
- Cleveland Cavaliers +2000
- Philadelphia 76ers +1800
- Dallas Mavericks +3000
- Miami Heat +4000
- Toronto Raptors +5000
- Atlanta Hawks +6600
- Los Angeles Lakers +8000
- Portland Trail Blazers +8000
- Minnesota Timberwolves +10000
- Sacramento Kings +15000
- Chicago Bulls +15000
- Utah Jazz +25000
- New York Knicks +20000
- Washington Wizards +50000
- Indiana Pacers +30000
- Charlotte Hornets +50000
- Oklahoma City Thunder +50000
- San Antonio Spurs +50000
- Orlando Magic +50000
- Detroit Pistons +50000
- Houston Rockets +50000
Favorite: Boston Celtics +400
The Celtics head into the week on a 2-game winning streak. The issue is that they are 1-4 against the spread in their last 5.
There are a couple of ways to assess the spread odds. If you’re in the camp that oddsmakers have a bead on Boston games and, therefore, the odds are always against the C’s, the +400 might attract attention.
But if you believe a true test of a team’s ability to win rings is based on how well they perform against the spread, Boston hasn’t played well enough to attract your money to win the NBA Finals. So depending on which way you think, you will either view +400 as overlay odds or underlay odds.
Smart: Phoenix Suns +1000
The Suns are this week’s value play. Phoenix has gone from +800 to +1400 odds this season. At +1000, the Suns are a good bet.
Four of Phoenix’s most important players haven’t stepped onto the court, but the Suns have remained competitive. Devin Booker and Chris Paul are two of the four. The other two are Cameron Payne and Cameron Johnson.
Monty Williams is providing his bench plenty of experience. Once the Suns are at full strength, Williams will be confident in using almost his entire bench, which should give the Suns a big advantage come playoff time.
Longshot: Dallas Mavericks +3000
To win the NBA Finals, you require at least one star player. Can you think of a bigger star in the league right now then future NBA MVP Luka Doncic?
Luka averages 34 points, close to 9 boards, and close to 9 assists per game. He’s impossible to stop. The fact he’s injured this week should only help the odds. By the time you read this, the odds might have already gone up from the +3000.
Consider the Mavericks a legit team to win the NBA Finals. As long as Luka is healthy during the playoffs, Dallas will be tough to beat.
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