2023 NBA Title Odds Tracker: Celtics Become Bigger Favorite

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The Celtics became the NBA title favorite a few weeks ago, and Monday morning, they strengthened their position.

ESPN's Adrian Wojnarowski reports that the Celtics and Nets have been engaged in trade talks regarding Kevin Durant. Boston forward Jaylen Brown would be the centerpiece going back to Brooklyn.

At BetMGM, the Celtics have moved from +550 on Sunday to +450 on Monday to win the NBA title, about a 3% increase in probability.

All the moving pieces from NBA free agency and the trade rumor mill in late June made Celtics the title favorite at +575, just ahead of the Warriors and Suns, because Boston's path should be getting easier with KD and Irving potentially leaving the conference. Of course, adding Durant would make a much bigger difference than him simply going to the West.

Here are some other notable moves from the last month.

  • While there's still no deal done, sportsbooks are anticipating a trade between the Knicks and Jazz and adjusting their futures odds accordingly. New York is rumored to be the most likely landing spot for Jazz guard Donovan Mitchell. Caesars opened the Knicks at +15000 ($10 wins $1,500) last month, and has dropped them a few times in the last few weeks, all the way to +7500.
  • Brooklyn dropped from +750 to +5000 on the initial news that Durant and Kyrie Irving wanted out, but is back to +1500 as of July 22 after reports surfaced that the Nets aren't happy with the trade offers they've received.
  • The Heat went from +1600 to +1000 after the initial Durant news, then back to +1400; the Sixers from +1800 to +1400.
  • The next tier of teams looks pretty similar to most years -- they have something going for them, but also plenty of uncertainty. Can the Mavs (+2200) do enough to support Luka Doncic; or the Nuggets (+1800) for Nikola Jokic? Can the Grizzlies (+2000) repeat a marvelous breakout season?

After the Nuggets and Nets, there's a big drop. The Pelicans, Raptors, Bulls and Timberwolves are all priced between +3000 and +5000.

The NBA title, as you'd expected, goes to favorites. According to SportsOddsHistory, just eight champions since 1984 have started the year at double-digit odds to win the title.

Odds via Caesars, updated in real-time.

TeamOdds
Boston Celtics
+450
Golden State Warriors
+550
Milwaukee Bucks
+800
Los Angeles Clippers
+800
Phoenix Suns
+800
Los Angeles Lakers
+950
Miami Heat
+1400
Philadelphia 76ers
+1600
Brooklyn Nets
+1800
Memphis Grizzlies
+2000
Denver Nuggets
+2000
Dallas Mavericks
+2200
Toronto Raptors
+2800
New Orleans Pelicans
+3500
Minnesota Timberwolves
+3500
Chicago Bulls
+5000
Atlanta Hawks
+5500
New York Knicks
+7500
Cleveland Cavaliers
+12500
Portland Trail Blazers
+12500
Charlotte Hornets
+25000
Utah Jazz
+30000
Sacramento Kings
+35000
Detroit Pistons
+50000
Oklahoma City Thunder
+50000
Indiana Pacers
+50000
Washington Wizards
+50000
Houston Rockets
+100000
Orlando Magic
+100000
San Antonio Spurs
+100000

NBA Title Favorites

1. Boston Celtics (+450)

Being the runner-up does not always mean you'll be among the favorites the next season, but the Celtics showed oddsmakers enough to be the second betting choice entering the 2022-2023 season. They'll return a strong young core with Jayson Tatum and Jaylen Brown.

2. Golden State Warriors (+600)

The Warriors won their fourth title in eight years in what seemed like pretty easy fashion. They cruised through each round in no more than six games, and lost six games total in four rounds.

Steph Curry and Klay Thompson are getting older but Andrew Wiggins took a big step forward this year, and there's plenty left in the tank for this team.

3. Milwaukee Bucks (+700)

The Bucks will be quiet this offseason but remain one of the best teams in the East and a legit title contender.

4. Phoenix Suns (+750)

The Suns went from +900 to +600 after news surfaced that Kevin Durant made Phoenix one of his preferred destinations. They've since dropped to +700.

...9. Brooklyn Nets (+1400)

The Nets remained a title favorite in all of 2021-2022 despite their obvious flaws and lack of results. They bowed out to the Celtics quickly in a first round sweep. After Kyrie Irving's future with the franchise became uncertain, things got even cloudier, but his opt-in kept Brooklyn toward the top of the board.

Then all hell broke loose Thursday when Kevin Durant requested a trade out of Brooklyn. Sportsbooks began pulling title odds for the Nets and others off the board.

FUTURESConsensusCons.
Boston CelticsCeltics
+450
+450
+450
+450
+450
+450
+450
Milwaukee BucksBucks
+647
+700
+650
+800
+700
+550
+600
Golden State WarriorsWarriors
+650
+650
+600
+550
+600
+650
+650
Los Angeles ClippersClippers
+650
+650
+700
+800
+600
+700
+650
Phoenix SunsSuns
+789
+900
+850
+800
+950
+1000
+700
Miami HeatHeat
+1192
+1300
+1200
+1400
+1400
+1500
+1000
Los Angeles LakersLakers
+1348
+1400
+1200
+950
+1600
+1800
+1200
Philadelphia 76ers76ers
+1400
+1400
+1200
+1600
+1500
+1500
+1400
Brooklyn NetsNets
+1600
+1600
+1600
+1800
+1600
+1500
+1600
Dallas MavericksMavericks
+2000
+2200
+2000
+2200
+2000
+2500
+2000
Memphis GrizzliesGrizzlies
+2000
+2200
+2200
+2000
+2000
+2400
+2000
Denver NuggetsNuggets
+2000
+2000
+1800
+2000
+1900
+2100
+2000
Toronto RaptorsRaptors
+3143
+3300
+2800
+2800
+4000
+4000
+3000
Minnesota TimberwolvesTimberwolves
+3300
+3000
+3300
+3500
+3000
+3300
+4000
New Orleans PelicansPelicans
+4000
+4000
+4000
+3500
+4000
+4900
+4000
Atlanta HawksHawks
+5000
+5000
+5000
+5500
+4500
+5500
+5000
Chicago BullsBulls
+5455
+4000
+5000
+5000
+5000
+4600
+6000
Cleveland CavaliersCavaliers
+10000
+10000
+10000
+12500
+9000
+12000
+10000
New York KnicksKnicks
+10000
+8000
+7000
+7500
+10000
+8000
+10000
Portland Trail BlazersTrail Blazers
+10000
+10000
+8000
+12500
+8000
+12000
+10000
Charlotte HornetsHornets
+15000
+15000
+10000
+25000
+15000
+12000
+15000
Utah JazzJazz
+17145
+20000
+10000
+30000
+20000
+20000
+15000
Washington WizardsWizards
+29169
+20000
+15000
+50000
+35000
+16000
+40000
Detroit PistonsPistons
+50000
+50000
+50000
+50000
+70000
+50000
+40000
San Antonio SpursSpurs
+50000
+50000
+50000
+100000
+100000
+50000
+50000
Orlando MagicMagic
+50000
+50000
+50000
+100000
+200000
+50000
+50000
Sacramento KingsKings
+50000
+25000
+50000
+35000
+70000
+42000
+50000
Indiana PacersPacers
+50000
+50000
+25000
+50000
+100000
+50000
+50000
Oklahoma City ThunderThunder
+74667
+50000
+25000
+50000
+70000
+50000
+80000
Houston RocketsRockets
+97436
+50000
+50000
+100000
+200000
+50000
+100000

Where Can I Bet on the NBA Title?

Looking to bet the NBA Finals? See where legal sports betting stands in your state, and get a full list of sportsbooks by state.

Here are the 25 states with some form of legal sports gambling.

State Status Type
Arizona Legal (Online) Full online
Arkansas Legal (Online) Retail only
Colorado Legal (Online) Full online
Connecticut Legal (Online) Limited online operators
Delaware Legal (Retail) Retail only
D.C. Legal (Online) Limited online operators
Illinois Legal (Online) Full online
Indiana Legal (Online) Full online
Iowa Legal (Online) Full online
Louisiana Legal (Online) Full online
Maryland Legal (Retail) Retail only
Michigan Legal (Online) Full online
Mississippi Legal (Retail) Bet online in casinos
Nevada Legal (Online) Full online, in-person sign ups
New Hampshire Legal (Online) One online operator
New Jersey Legal (Online) Full online
New York Legal (Online) Full online
Oregon Legal (Online) One online operator
Pennsylvania Legal (Online) Full online
Rhode Island Legal (Online) Limited online operators
South Dakota Legal (Retail) Retail only
Tennessee Legal (Online) Full online
Virginia Legal (Online) Full online
West Virginia Legal (Online) Full online
Wyoming Legal (Online) Limited online operators
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