NBA Championship Odds Update: Heat Valuable Pick, Nets Still Favorites, Pelicans Longshot

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With Christmas day soon approaching and teams starting to settle in, it’s time to look ahead to the summer, where one of these teams will hoist the Larry O’Brien trophy. It has looked like the Golden State Warriors and Phoenix Suns might run away with the west, but with the East wide open, here is a look at MyBookie’s updated odds for this season’s championship. Let’s jump right into action so you can plan your bets against the NBA Championship odds.

NBA Betting Update | Odds to Win the 2021-22 Championship

2021 NBA Championship Odds

Brooklyn Nets +236
Golden State Warriors +510
Milwaukee Bucks +680
Phoenix Suns +810
Los Angeles Lakers +820
Utah Jazz +850
Miami Heat +1275
La Clippers +1850
Denver Nuggets +2100
Philadelphia 76ers +2100
Chicago Bulls +2300
Dallas Mavericks +3100
Atlanta Hawks +4100
Boston Celtics +5000
Memphis Grizzlies +6400
New York Knicks +6600
Portland Trail Blazers +8000
Washington Wizards +9500
Toronto Raptors +10000
Charlotte Hornets +11000
Indiana Pacers +15000
Minnesota Timberwolves +16000
Cleveland Cavaliers +20000
Sacramento Kings +24000
New Orleans Pelicans +24000
San Antonio Spurs +28000
Houston Rockets +60000
Oklahoma City Thunder +60000
Orlando Magic +90000
Detroit Pistons +90000

Value Pick: Miami Heat +1275

Miami has started off the season strong at 16-11 but hasn’t reached its full potential just yet. Bam Adebayo is currently injured, Kyle Lowry hasn’t really had a chance to settle in with his new team, and Jimmy Butler has been in and out of the lineup.

Another reason why this pick provides so much value is the depth of this roster. Look for this team to mesh nicely when everyone is healthy. There is no question the talent is there. Even if the main piece went down, guys like Tyler Herro, Victor Oladipo and P.J. Tucker could carry that load, so even if a guy like Butler or Lowry gets knocked out, you can rest assured with their supporting cast.

Favorite: Brooklyn Nets +236

Sitting at 18-8, the Nets have looked good this season despite the absence of star point guard Kyrie Irving who hasn’t played all season due to Vaccination mandates in New York. Nonetheless, the team’s fate really relies on the shoulders of Kevin Durant.

Durant has seen a recent uptick in his minutes, averaging over 40 per game in his last five. Not that this has a significant effect on their championship chances, but you always have to weary—the more time on the court, the more susceptible to injury.

If Kyrie Irving comes back and Durant and Harden stay healthy, there is no reason this team can’t make a real run at a championship.

Sleeper: New Orleans Pelicans +24000

This is a major sleeper as the Pelicans have had an abysmal start to their 2021 campaign. With Zion Williamson sidelined since day one and Brandon Ingram on and off the I.R., this team just hasn’t seemed to click down the stretch.

Their lone star is Jonas Valanciunas, who has been exceptional this year, but that won’t take you to the finals. Devonte Graham needs to step up. So far this season, he is averaging 13.4 points and under-five assists. This guy was supposed to fill Lonzo Balls’ shoes and has done poorly executing.

You could chalk up his recent struggles to the varying and irregular supporting cast behind him, but regardless a guy with that much talent has to be better. They deserve sleeper consideration based on their ceiling. Yes, you could say they have hit the floor right now, so it’s only up from here. When key players return, and this team can get some solid play under them, who knows where that could take them.