The curtains have been drawn on the 2022-23 NBA season, a riveting campaign indeed. It climaxed with the Denver Nuggets seizing their first-ever franchise championship title, toppling the Miami Heat. With the echoes of celebration still not too far back, it’s time to shift focus towards the 2023-24 season. This promises to be yet another whirlwind NBA offseason, and betting providers are not missing a beat in releasing their NBA Finals odds for the upcoming season.
Oddsmakers unveiled the initial lines and odds for the 2023-24 NBA season, and these odds are already in flux. Let’s delve into these odds and share our thoughts.
New Season Starting Tuesday 24th October, 8:00 PM ET
BettingPicks Expert NBA 2023/24 Season Predictions
NBA Finals 2023-24 Outright Winner: Denver Nuggets (+475)
NBA Finals 2023-24 Outright Outsider Winner: Sacramento Kings (+5000)
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Denver Nuggets Leading 2023 NBA Finals, Tipped for Next Year’s Success
The Nuggets are in prime position to carry their success forward, already favoured by BetMGM at +450 odds to clinch the 2023-24 NBA Finals.
Following closely on the Nuggets’ heels are the Boston Celtics, currently placed at +600 odds. After an uninspiring playoff performance, the Celtics are anticipated to implement significant changes in the offseason. The Milwaukee Bucks, Phoenix Suns, and Golden State Warriors/Los Angeles Lakers, all tied at +1200, round out the top five favorites.
The Nuggets have subtly yet definitively carved out a niche for themselves as a potential NBA dynasty. Two-time MVP Nikola Jokic, coupled with underrated star Jamal Murray, have played pivotal roles in leading the team to its current position.
Surprisingly, the Miami Heat, currently in the NBA Finals against the Nuggets, do not feature among the top five for the 2023-24 championship-winning odds. Pegged at +1500, they trail behind the Philadelphia 76ers, Dallas Mavericks, Los Angeles Clippers, and other top-tier teams. Being a No. 8 seed this season, the Heat might feel overlooked given that they did reach the Finals. Of course the odds are in constant evolution but with a strong start you might see the Nuggets odds shorten further and it makes sense to back them now to get the most value.
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A Surprising Bet for the 2023-24 NBA Finals: The Sacramento Kings
The Sacramento Kings, who demonstrated remarkable progress this season, opened at unexpected 50-1 odds for next year’s NBA Finals. Echoing the Warriors’ journey, the Kings have an All-NBA duo and had one of the most efficient offenses this past season. Their closely contested seven-game series against the Warriors ended with a Game 7 defeat at the hands of Steph Curry.
The Kings’ offseason provides an opportunity to strengthen their lineup, potentially upgrading Harrison Barnes’ position. They could form a strong starting five, backed by talents like Kevin Huerter and Malik Monk off the bench.
Apart from the Nuggets, the Western Conference seems unpredictable, with injuries likely to play a significant role. Currently, the Kings are ranked as the ninth-best team in the Western Conference, a placement that might seem disrespectful to a team on an upward trajectory. After their playoff debut, the Kings might be a dark horse worth watching in the upcoming season.
NBA Finals 2023-24 Outright Winner: Denver Nuggets (+475)
NBA Finals 2023-24 Outright Outsider Winner: Sacramento Kings (+5000)
You can also check out our NBA predictions.
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