Opening 2024 NBA Championship Odds & Futures Bets to Target

• The Nuggets are co-favorites along with the Bucks in the 2024 NBA Championship odds
• Denver will look to become the first repeat champion since the 2018 Warriors
• Keep reading for the complete list of 2024 NBA Championship odds below, plus bets to target

The Nuggets 2023 NBA Championship run was not one that many experts predicted. Denver flew under the radar in the West this season, despite posting the conference’s top record.

Star studded rosters like the Suns, Warriors and Lakers generated all the buzz, but the Nuggets won’t be catching anyone off guard next season. They’ve been pegged co-favorites to hoist the Larry O’Brien trophy again by online sportsbooks, just moments after capturing the franchise’s inaugural title.

2024 NBA Championship Odds

Denver and the Bucks boast the shortest price tags in the NBA Championship odds at +460. That’s slightly shorter than the Celtics, the favorites at this point last year, with KD, Booker and Phoenix checking in with the fourth shortest title odds.

There’s certainly no discount to be found by buying the Nuggets at this tag, however, it certainly appears like their winning formula is repeatable.

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Top of the Board

Denver’s entire starting five is under contract for 2023-24, led by Nikola Jokic who’ll once again be a favorite to take home MVP honors. Jokic is the most versatile offensive player in the game, filling up the stat sheet in all three major categories.

As good as he was during the regular season and playoffs, the Nuggets postseason run showcased the talent of the roster around him. Jamal Murray is a star, and one of the top point guards in the league.

The trade for Aaron Gordon has been invaluable, as he has major offensive upside and defends the opposing team’s best player every night. Throw in the exceptional defense of Kentavious Caldwell-Pope and Bruce Brown, and there doesn’t appear to be a weakness on the roster.

YOUR DENVER NUGGETS ARE THE 2023 NBA CHAMPIONS 🏆#bRINGItIn pic.twitter.com/aOHqbUYwOx

— Denver Nuggets (@nuggets) June 13, 2023

Nevertheless, a +460 price tag doesn’t offer up much value. The same can be said for the Bucks, who flamed out in the first round of the playoffs. Any team led by Giannis Antetokounmpo is going to be an NBA conference odds contender, but his supporting cast is aging quickly, and has been riddled with injuries over the past two seasons.

As for the Celtics, there’s an argument to be made they should priced longer. There’s a real possibility the team splits up Jaylen Brown and Jayson Tatum, and that uncertainty should entice bettors to stay away.

Speaking of uncertainty, yes the duo of Durant and Booker is among the most potent in the league, but the Suns plan on releasing Chris Paul and have a big decision to make about Deandre Ayton’s future. Throw in a new head coach as well, and we can find better targets than the +700 Suns.

Don’t Sleep on the Heat

Which brings us to Miami. The Heat have now made the NBA Finals in two of the past four seasons, and have been one of the last two teams standing in the East three times during that stretch.

Jimmy Butler and Bam Adebayo are in their primes, while Tyler Herro will be back at full strength after a hand injury derailed his postseason. Erik Spoelstra is one of the NBA’s premier coaches, and we shouldn’t underestimate Pat Riley’s ability to lure another star to South Beach.

Pat Riley has appeared in 25% of every NBA Finals in history 🤯 pic.twitter.com/fAfGbE0m1u

— Bleacher Report (@BleacherReport) June 8, 2023

The Heat roster has seen plenty of turnover since LeBron James left, but year after year Miami finds itself in contention for a title. The defeat at the hands of the Nuggets emphasized the Heat’s need for another top end scorer, and Riley hasn’t been shy about making a splash via trade or free agency in the past.

Expect Miami to retool this offseason, and vastly outperform their +2500 championship price tag. As of right now that’s the best value on the board, and one that likely won’t last long.

Pick: Miami Heat (+2500)