NBA Draft

2023 NBA championship odds: Denver Nuggets favorites to win title

The NBA Finals are finally set! The Miami Heat and Denver Nuggets will battle it out for the Larry O’Brien trophy beginning Thursday, and bettors are already getting in on the action for this exciting matchup.

Representing the Western Conference are the Nuggets, who are the -480 favorites to win it all. Led by two-time MVP Nikola Jokić, Denver had the NBA’s best regular season record in the West. They also handled the West with relative ease during the playoffs. 

In the first round, Joker & Co. defeated the Minnesota Timberwolves in five games, and then they got past the Phoenix Suns in the semifinals in six. However, it was their Western Conference Finals series against the Los Angeles Lakers that caused a shift in the odds and in how bettors started wagering on the squad. They swept the Lakers in the best-of-seven series, and their odds to win it all surged. 

Was it possible that the Nuggets — a team that had never been to an NBA Finals — were serious contenders? Bookmakers and bettors certainly thought so.

On the other side of the league are the Eastern Conference’s Heat. Miami’s odds to win the title are +330. Their road to the Finals was a bit rockier than their Western Conference opponents.’ 

Miami made it to the playoffs via the play-in tournament where the squad lost to the Atlanta Hawks but won its game against the Chicago Bulls to secure the No. 8 seed. Jimmy Butler helped lead the Heat to series wins against the top-seeded Milwaukee Bucks in five and against the New York Knicks in six. 

Their Eastern Conference Finals matchup against the Boston Celtics, though, ended up being the most compelling.

After taking a 3-0 lead over the Celtics, the Heat dropped three consecutive games and had to face them in Game 7 in Boston. Not only were the Heat 7-point underdogs in Game 7, but they entered that contest with the longest odds to win the championship. Ultimately, Jimmy Buckets led his squad to the 103-84 victory with 28 points, seven rebounds and six assists.

2022-23 NBA title odds*

Denver Nuggets -480 (bet $10 to win $12.08 total)
Miami Heat +330 (bet $10 to win $43 total)

* Odds as of 5/30/2023

Heat rout Celtics in Game 7, advance to 2023 NBA Finals

The Boston Celtics couldn’t complete the historic comeback in a 103-84 loss to the Miami Heat in Game 7.

Who are you throwing some money on to win it all? Stay tuned to FOX Sports for all the updates on the shifting odds as the exciting NBA Finals unfold!

Play FOX Super 6 every week for your chance to win thousands of dollars every week. Just download the Super 6 app and make your picks today!

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