NBA Championship Odds are out for the 2022-23 season, with the Boston Celtics sitting at to win the title. Milwaukee is right there with them at , highlighting the two top teams in the East.
In the West, Phoenix remains one of the top teams at . Golden State is coming off another title and are to win the NBA Championship for the second-straight season.
NBA Championship Odds 2022-23
NBA Championship odds for the upcoming season are available below and are continually updated after each game. These odds will constantly fluctuate due to recent play, injuries, and roster changes. Keep an eye on this throughout the season, as the Boston Celtics had incredible value halfway through the year and made it all the way to the NBA Finals. Who knows which teams could break out this year?
NBA Championship Odds: Current
Minnesota gave the Memphis Grizzlies a real scare this past year in the first round of the NBA Playoffs. The T’Wolves lost in six games but were not far from stealing the series and advancing to the Western Conference Semis. This off-season, Minnesota prioritized adding a third star to its roster and recently traded for Rudy Gobert, one of the best defenders in the league today and of all time.
Gobert instantly improves a struggling defense and should allow Karl Anthony-Towns to spread the floor and shoot from the perimeter more. If Anthony Edwards continues to improve and KAT plays motivated, this team could surprise some people by the end of the season.
The addition of Malcolm Brogdon should make Boston the clear-cut favorite to come out of the Eastern Conference next season. Brogdon gives the C’s a lead guard capable of playing on or off the ball, distributing, and running an offense at a high level. Boston’s most glaring issue during the playoffs was its long, dry streaks on the offensive end of the floor.
Brogdon should be able to alleviate those struggles as long as he can stay healthy. Even though the Pacers have been a morbidly bad defensive team in recent years, Brogdon still has upside as a defender; he played under Tony Bennett at Virginia, which is consistently one of the best schools in the nation on the defensive end. Boston returns all of its best players and has brought in some talent in free agency.
If you look at the Grizzlies and Warriors series in its totality, you could conclude that Memphis was not far off from moving on to the Western Conference Finals over the Warriors. A missed layup as time expired in Game One, a blown road game in Golden State after leading the majority of the game, and an injury to Ja Morant inevitably led to a series loss; however, Memphis was still quite competitive.
Next season, Memphis will return all key players, except for Kyle Anderson, and has plenty of talented guys who can fill that role off the bench, including players it just drafted like Jake LaRavia and David Roddy. With all due respect to the Dallas Mavericks, if the Grizzlies got past Golden State this year, they would have gone to the NBA Finals. This has tremendous value right now, as every player on that roster should continue improving. Youth is on their side.
Hoops fans will likely wonder “what if” for a long time regarding the Milwaukee Bucks in the 2021-22 NBA season. All-Star forward Khris Middleton injured his knee during the playoffs and was unavailable for the entirety of the Celtics series. Still, Milwaukee took the runner-ups to seven games behind unreal production from Giannis Antetokounmpo. The Bucks shot poorly from deep for most of the seven games, which is usually one of their biggest strengths.
That can largely be attributed to the Celtics’ stellar perimeter defense; however, Khris Middleton would probably have made enough of a difference to lift them past the C’s. After resigning Bobby Portis, the Bucks are in a prime position to run the Eastern Conference along with Boston.
This is an excellent value for the Los Angeles Clippers. After Kawhi Leonard suffered a knee injury in the 2020-21 postseason, the Clippers stood little chance against the Phoenix Suns, who won in six games. Leonard did not play during that series, and it is intriguing to consider the possibilities if he had played. Could the Clips have gotten their first NBA Championship?
During that postseason run, Leonard played some of his best basketball alongside Paul George and company. Over the past several months, the addition of John Wall, Robert Covington, and Norman Powell has given Los Angeles plenty of weapons to be one of the best teams. It all depends on whether the Clippers can stay healthy for a whole season and if Kawhi resembles the player he was before his injury.
NBA Championship Odds: Explained
NBA Championship Odds are very straightforward: they define the quantitative odds placed on a team to win the NBA Championship. It is one of the more straightforward futures bets to understand; therefore, it can be a favorite for beginners and experienced bettors. Below, we will discuss more specific examples of title odds bets in the NBA for the 2021-22 season.
NBA Championship Odds: Changes
NBA Championship odds can be ever-changing until the actual event, series, or game occurs. What that means in the context of title odds is that these odds can change constantly based on injuries or a player or team’s performance. There are constant changes in the NBA, whether an injury to a key or role player, locker room turmoil, coaching changes, and team chemistry. These changes are quantified and expressed in the change in a team’s title odds.
For instance, if a team is on the verge of being eliminated from the NBA Playoffs, their odds will drastically decrease. Sometimes betting early on a team to win the title can be beneficial (i.e., betting on the Golden State Warriors before the season to win the title in 2022) or can be detrimental (i.e., betting on the Lakers or Nets before the season to win the title.) That is the risk of the betting type and is also why you can get more favorable odds on teams that you would think would be heavily favored.
NBA Championship Odds: Futures Bettors
NBA Championship Odds bettors are very speculative. These bettors spend a lot of time and money wagering on NBA futures bets and usually have a strong opinion on a specific team. This could be because of an off-season acquisition, free-agent signing, coaching change, or even a gut feeling. Having a bet that lasts so long before you win or lose can be fun, and some bettors enjoy that aspect of it.
Every team in the NBA has Finals odds, but that does not mean that they are all worth betting on. Some teams are in the midst of a complete rebuild, such as the Oklahoma City Thunder, Indiana Pacers, Detroit Pistons, San Antonio Spurs, Houston Rockets, and Orlando Magic. Despite having very enticing odds at +50000, there is no real reason to bet on these teams as the odds they even make the playoffs are extraordinarily low.
Meanwhile, the Los Angeles Lakers and Brooklyn Nets had the best preseason odds to win the NBA Finals last season; however, the Lakers didn’t even make the playoffs, and Brooklyn got swept in the first round. Sometimes the best value can be a team that had struggled the year before due to injuries: think the Golden State Warriors last season. For that reason, I love the Memphis Grizzlies, Los Angeles Clippers, Minnesota Timberwolves, and Milwaukee Bucks in terms of value right now, while Boston is my obvious favorite.