NBA Championship Odds: Bucks New Betting Fave

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Posted on: March 22, 2023, 03:29h. 

Last updated on: March 22, 2023, 03:29h.

For only the second time since the season began, the Boston Celtics are no longer the betting favorite to win the 2022-23 NBA championship. The Milwaukee Bucks are the new consensus favorite to win the NBA title at +330 odds, and they moved ahead of the Celtics at +340 with less than three weeks remaining in the regular season.

Milwaukee Bucks NBA championship odds favorite title Greek Freak Boston Celtics Phoenix Suns Warriors 76ers Kings Nuggets
Milwaukee Bucks power forward Giannis Antetokounmpo blocks a shot from Boston Celtics guard Derrick White during an overtime victory at Fiserv Forum in Milwaukee. (Image: AP)

The Bucks are the best team in the NBA with a 51-20 record, and they were the first team to pass 50 wins. The Celtics are 50-23 and became the second team to reach the 50-win mark.

The Bucks hold a two-game lead over the Celtics with 11 remaining games on their schedule. The Celtics have only nine games to go, so they’ll be hard pressed to catch and pass the Bucks for the #1 seed in the Eastern Conference.

NBA Title Contender Odds 3/22/23
Milwaukee Bucks +330
Boston Celtics +340
Phoenix Suns +475
Denver Nuggets +800
Philadelphia 76ers +1000
Golden State Warriors +1200
LA Clippers +1300
Memphis Grizzlies +2300
LA Lakers +2500
Dallas Mavs +2500
Cleveland Cavs +4500
Sacramento Kings +6500
Miami Heat +9000
New York Knicks +9000
New Orleans Pelicans +25000
Atlanta Hawks +25000
Toronto Raptors +30000
Minnesota Timberwolves +35000
Brooklyn Nets +40000

The defending champion Golden State Warriors are +1200 odds to win back-to-back championships. All-Star shooting guard Steph Curry returned from a leg injury, but forward Andrew Wiggins has not played since February 13. Wiggins missed the last five weeks due to a personal matter. Neither he nor the team had elaborated on specifics, which has led to rampant speculation that it’s more of a mental health issue than a physical ailment.

The Best from the East Top the Futures Board

The Celtics began the season as the front runner to win the championship at +600 odds. Aside from two-week stretch early in the season, the Celtics were the betting favorite for most of this season. A couple of weeks prior to the All-Star break, the Celtics saw their title odds shrink to a season-best +250.

The Bucks had +800 preseason title odds. They moved to the top of the leaderboard, at +550 odds, in the third week of the season after a strong start. They were second of the futures board most of the season behind the Celtics aside from their short stint leading the pack in November.

Bucks forward Khris Middleton finally returned from wrist surgery, and they headed into the All-Star break on a heater. Their title odds quickly improved thanks to a 16-game winning streak. You can now back the Bucks at +330 odds to win a second championship in the last three seasons.

At the start of the season, the Philadelphia 76ers were +1500 odds to win the title. After a slow start, their odds bottomed out at +2200 after the first eight weeks of the season. Their best odds of the season occurred prior to the All-Star break at +900, but now they’re +1000 odds and fifth overall on DraftKings’s futures board.





Wild, Wide-Open West

In the preseason, you could’ve backed the Phoenix Suns to win the championship at +1200 odds. They reached their best odds early in the season at +900 before they bottomed out at +2000 in late January.

The Suns were +1800 odds before they secured Kevin Durant in a trade with the Brooklyn Nets prior to the trade deadline. Their odds jumped to +450 after the trade and narrowed to +370 in early March before disaster struck.

Durant suffered a freakish ankle injury during pregame warmups against the Oklahoma City Thunder. He appeared in three games before the injury sidelined him for the last two weeks. At +475 odds to win the championship, the Suns are still the third-highest team on the board, and the highest team from the Western Conference. If the season ended today, the Suns would earn the #4 seed in the west with a 38-33 record.

The Denver Nuggets have the best record in the Western Conference at 48-24, and they should lock up the #1 seed despite playing their most erratic stretch of the season. The Nuggets are fourth on the futures board at +800 odds to win the championship, and they began the season at +1800 odds.

The Sacramento Kings currently sit in third place in the Western Conference. Very few people expected them to make the Play-In Tournament, so it’s sort of a shock that they can potentially secure the #3 seed in the west.

The Kings are currently +6500 odds to win the title, which is a stark contrast from their preseason odds of +70000. One futures bettor has the opportunity to bank $10 million if the Kings win the NBA championship this season. They made a wager at +75000 odds and another one +35000 odds during the preseason.





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