This season’s NBA trade deadline was one to remember, as multiple noteworthy trades went down across the league, including two blockbuster deals involving Kyrie Irving and Kevin that sent shockwaves across the NBA landscape and sportsbooks. Oddsmakers reacted quickly to the news of Durant being moved out West, as the Suns now have the second-best odds (+450) behind the Celtics (+350) to win the NBA title this season.
Below, we have the latest odds from BetMGM on the favorites to win the NBA title and a few sleepers/values to keep an eye on as we approach NBA All-Star weekend.
NBA Championship Odds 2023
Odds courtesy of BetMGM
2023 NBA Championship odds: Favorites
Celtics (+350). It does not surprise anyone that last year’s runner-up is the favorite to win the NBA Finals this season. Boston has not skipped a beat under first-year head coach Joe Mazzulla, who replaced Ime Udoka in the offseason. The 34-year-old Mazzulla has the Celtics playing excellent basketball on both ends of the floor, as they are averaging 117.4 points per game (fifth highest in the NBA) and allowing just 111.4 points per game (fifth fewest) this season.
Furthermore, All-Star forward and MVP candidate Jayson Tatum (+1600) has played a critical role in Boston’s success this season and is one of the reasons why the Celtics can go back to the Finals. This season, Tatum is averaging a team-high 30.6 points, 8.7 rebounds, and 4.5 rebounds per game. If the Celtics’ core of Tatum, Jaylen Brown, Marcus Smart, Al Horford, and Robert Williams can stay healthy, they will be tough to beat in the postseason.
Suns (+450). The Suns took a massive leap up the board after they acquired superstar Kevin Durant in the blockbuster trade with the Nets. Before the Durant trade, Phoenix had +1800 odds to win the NBA title, but the oddsmakers and bettors feel confident the Suns can make another deep postseason run. This week, the Suns received the highest ticket percentage on NBA Championship bets (34.5) and the highest handle percentage (43.9).
The Suns (30-27) currently own the sixth seed in the West. However, Phoenix is only 2.5 games behind the third-seeded Kings. When Durant is fully healthy, the Suns could be a force to be reckoned with, as teams will have to worry about him, Devin Booker, Chris Paul, and DeAndre Ayton in the middle.
NBA Championship Odds 2023: Sleepers & value bets
Mavericks (+1600). The Mavericks are another team that NBA fans and bettors believe could make a deep run and potentially be in the NBA Finals this summer. The Mavs saw their NBA title odds improve from +2500 to +1600 after they acquired Kyrie Irving from the Nets. Irving and Luka Doncic make Dallas a formidable team in the West, as both players can go off for 40 points each at any given time.
Irving should help the Mavericks with their offensive issues, as they only average 112 points per game (22nd in the league) and rank 29th in pace (95). The All-Star point guard will look to push the pace with Doncic and try to get this Dallas team back to the Western Conference Finals. At +1600 odds, it’s not a bad futures bet because if this duo plays well after the All-Star break, the Mavs’ odds will only improve.
Cavaliers (+2000). The Cavaliers are somewhat flying under the radar in the East because of how good the Bucks, Celtics, and Sixers have been this season. However, Cleveland is not too far behind those squads, as they have the fourth-best record in the East (35-22) and are only a game behind the Sixers for third place.
Head coach J.B. Bickerstaff has a well-rounded team featuring Jarrett Allen, Evan Mobley, Caris LeVert, Darius Garland, and Donovan Mitchell. The addition of Mitchell in the offseason has taken this team to new heights and has them playing great basketball on a nightly basis. The Cavaliers also have the best defense in the NBA, as they only allow 106.2 points per game. Allen and Mobley play a significant role in anchoring the Cavs’ defense and could be difference-makers in the playoffs. At +2000 odds, this is probably my favorite value bet, as the East is wide open after the Nets got dismantled this week. The Cavs can compete with the top-three teams in the East on both ends of the floor.