Orlando Magic NBA Championship Odds 2023-24

The current Orlando Magic NBA championship odds are . After struggling for a number of seasons, there is finally tangible proof that the Orlando Magic are headed in the right direction: they won 34 games last year, which is 12 more than the previous season. Even more impressive is the fact that the Magic played better than .500 basketball between December 6, 2022 to April 3, 2023. As a matter of fact, they won 29 of their 53 games, which gave them the 11th-best record in the NBA during that stretch.

Orlando is a dark horse playoff team that could put together another strong season. If the Magic make the playoffs, could they perform similarly to last season’s No. 8 seeded Miami Heat and make a deep run? See our analysis for Orlando’s NBA Championship odds below for the answer!

Orlando Magic NBA Championship Odds & Futures 2023-24

Orlando’s futures are listed in this table, beginning with its odds of winning an NBA Championship and ending with its regular season win total future and the odds of it making the playoffs. Click in the boxes below to be redirected to the sportsbook offering those odds on a particular future if it interests you!

While Orlando merely finished 13th in the Eastern Conference, it had plenty of eye-opening moments, including the season-long domination of the Boston Celtics (3-1 record.) Paolo Banchero’s arrival has given this Magic team hope, and their 12-game improvement year-over-year is proof of that fact.

The Magic had a nearly four-month long stretch where they were several games over .500 and playing playoff-caliber basketball, despite having an incredibly young team! The question now will be whether or not they can execute for an entire season and make another sizable jump like they did from the 2021-22 season to the 2022-23 campaign. Check out Orlando’s strengths and weaknesses heading into this upcoming season below!

Reasons Why Orlando Magic Can & Can’t Win NBA 2023-24 Championship

Strengths

• Banchero/Wagner: The young core duo of Franz Wagner and Paolo Banchero is special. The two 6-foot-10 talented forwards can score in isolation, operate out of the pick-and-roll, and make plays for others. Their length and athleticism also allows them to be effective on the other end of the floor. Further, Orlando boasts a number of other young, high-upside players, such as rookies Anthony Black and Jett Howard, Markelle Fultz, Wendell Carter Jr., and Jalen Suggs. Guard play is a bit of a concern; however, when Fultz is healthy and active, he can at least compete with most opposing point guards.
• Length/Rebounding/Defensive Upside: Effectively, the Magic start three seven-footers (Carter Jr., Wagner, and Banchero), which makes them amongst the tallest and longest starting frontcourts in the league. Wagner and Banchero have enough switchability on the defensive end, specifically on the perimeter, to truly contest shots all over the floor. Orlando finished third in defensive rebounding percentage last season, which is always a crucial area; it does not allow opponents to score many second-chance points or points in the paint (sixth-fewest.)

Weaknesses

• Guard Play: Welcome to the biggest weakness that Orlando has as a team: guard play. Last season, the Magic rolled out Markelle Fultz, Jalen Suggs, Cole Anthony, Gary Harris, and a number of other guards who filled in when injuries occurred. Fultz finally had a somewhat healthy year, playing in 60 games for the first time since the 2019-20 season; he was able to put together his best year overall, scoring 14 points per game on just shy of 52% shooting from the field. Still, Suggs and Anthony have underwhelmed as consistent playmakers for others, combining for fewer than seven assists per game in roughly 50 minutes per game. Until Orlando has an All-Star-caliber point guard, it is difficult to see it getting past the top teams in the Eastern Conference.
• Three-Point Shooting: Orlando has been amongst the worst three-point shooting teams in the NBA for a number of seasons; it just finished 25th in 3P% (three-point percentage) on the fifth-fewest 3PAs (three-point attempts) per game. When you look at the players that the Magic deploy, it is easy to see why this is an issue. Cole Anthony, Gary Harris, and Franz Wagner are the only players still rostered who shot 36% or better from deep last season; however, Harris is injury-prone, Wagner will be the primary focus of attention for every NBA defense, and Anthony has shot 33% from deep in two of his three seasons, which does not make him a surefire lock to repeat that shooting percentage. Further, rookie Anthony Black is not considered an elite shooter by any stretch of the imagination and Joe Ingles’ availability continues to decrease as he gets older.