NBA Championship Odds: Latest NBA Finals Odds and Predictions [5/14/2024]

NBA Championship Odds: Latest NBA Finals Odds and Predictions [5/14/2024]

The latest NBA championship odds have been updated as of May 14, 2024, which considers every team's current NBA title chances as we advance through the postseason.

Using our powerful predictive analytics model, this article will provide expertise on the following:

  • Each team's likelihood of winning the 2023/24 NBA championship
  • The latest odds for teams winning their respective conference
  • The sportsbooks offering you the best odds for NBA futures betting

According to Dimers' in-house NBA Championship Odds, the team with the highest probability of winning the NBA title is the Boston Celtics, followed by the Denver Nuggets. Additionally, by making use of the sportsbook offers listed below, you can maximize the value of your NBA futures bets through the power of sign-up deals.

Dimers provides NBA bettors with NBA picks every day, including insights into the likelihood of each team becoming this season's champion. Below, you'll find detailed information on the top five most likely contenders for the championship.

Current Odds to Win NBA Championship [5/14/2024]

After simulating the remainder of the postseason, our supercomputer has identified the Celtics as the team most likely to become NBA champions, with a probability of 52.2%.

The top five contenders for the NBA championship also include the Nuggets, Timberwolves, Mavericks, and Thunder.

1. Boston Celtics

  • Dimers Probability: 52.2%
  • Championship Odds: -125

The Celtics are currently projected to have a 52.2% chance of winning the 2023/24 NBA title, with the most favorable odds of -125 available at BetMGM Sportsbook.

Additionally, Boston is rated with a 78.3% chance of winning the Eastern Conference, and DraftKings Sportsbook offers the best odds of -150 for this outcome.

 
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By signing up to Dimers Pro you can find our NBA Best Bets for every single game of the season.

2. Denver Nuggets

  • Dimers Probability: 16.4%
  • Championship Odds: +400

The Nuggets have a 16.4% chance of clinching the 2023/24 NBA title, and the most favorable odds of +400 can be found at DraftKings Sportsbook.

Furthermore, Denver is rated with a 37.3% chance of winning the Western Conference, and BetMGM offers the best odds of +300 for this scenario.

 

As well as presenting these odds and probabilities on the Nuggets to win the title, Dimers produces NBA player props throughout the season, including points, rebounds and assists projections for Nikola Jokic.

3. Minnesota Timberwolves

  • Dimers Probability: 11.0%
  • Championship Odds: +800

The Timberwolves are projected to have a 11.0% chance of securing the 2023/24 NBA title, and you can find the most favorable odds of +800 at FanDuel Sportsbook.

Minnesota, lead by Anthony Edwards, is rated with a 24.7% chance of winning the Western Conference, and BetMGM offers the best odds of +275 for this outcome.

 

Speaking of Anthony Edwards, make sure you check out our NBA betting trends, where you can find just how often players such as the Timberwolves star are hitting their prop lines.

4. Dallas Mavericks

  • Dimers Probability: 6.7%
  • Championship Odds: +850

The Mavericks are projected to have a 6.7% chance of winning the 2023/24 NBA title, and the most favorable odds of +850 can be found at BetMGM.

Furthermore, Dallas is rated with a 23.3% chance of winning the Western Conference, and BetMGM offers the best odds of +500 for this scenario.

 

Wondering how Luka Doncic and the Mavericks will fare in their next game? Our NBA predictions page has probabilities for the spread, moneyline and over/under for each and every game on the slate.

5. Oklahoma City Thunder

  • Dimers Probability: 5.5%
  • Championship Odds: +1300

The Thunder are projected to have a 5.5% chance of securing the 2023/24 NBA title, with the most favorable odds of +1300 currently available at BetMGM.

Additionally, Oklahoma City is rated with a 14.7% chance of winning the Western Conference, and BetMGM offers the best odds of +850 for this outcome.

 

NBA Title Odds as of May 14, 2024

Here, we've shown you how likely it is that each team will win the NBA title and given you the best odds from sportsbooks to bet on them.

See a 🔥? That means our model thinks that team is a +EV bet to win the NBA championship.

Team Title Probability Championship Odds Bet Now
Celtics 52.2% -125 BetMGM
Nuggets 16.4% +400 DraftKings
Timberwolves 11.0% +800 FanDuel
Mavericks 6.7% +850 BetMGM
Thunder 5.5% +1300 BetMGM
Knicks 4.8% +3000 🔥 BetMGM
Pacers 3.4% +5000 🔥 BetMGM

NBA Teams With a 0% Chance of Winning the Championship

The teams on the list above are the ones that our predictive model thinks have at least a 0.1% chance of winning the NBA title this season. The teams below are either completely out of the running or have won none of our model's thousands of simulations of the rest of the season.

  • Cleveland Cavaliers

Check out the current odds to win the NBA championship if you want to bet on one of the teams that are still in the running.

What Is an Edge in NBA Futures Betting?

An edge occurs when Dimers' model projects the probability of an event to be higher than the best odds available. Essentially, it means that our NBA model believes a bet has a higher likelihood of winning than the sportsbooks are giving it. That's why the higher the edge, the better.

Although an edge does not guarantee a win, taking picks with a higher betting edge can increase your chances of being a profitable bettor in the long run. This is an essential aspect of a successful sports betting strategy.

Make Smarter NBA Futures Betting Decisions Today - 5/14/2024

At Dimers.com, we take the responsibility of providing NBA futures picks very seriously, especially when considering the implications of gambling and the potential impact on our users' financial well-being and quality of life.

While we strive to provide accurate and insightful betting advice, we always recommend that our users exercise caution and conduct their own research before using our futures picks or any other betting advice, as ultimately, it's up to each individual to make informed decisions that align with their personal values and goals. If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER.

All odds and probabilities in this article are correct and accurate at the time of publishing.

Ryan Leaver
Senior Sports and Sports Betting Editor

Ryan Leaver is a seasoned sports betting expert specializing in NBA, NFL, college football, college basketball, and soccer, offering detailed game previews, best bets, props, and futures articles.

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