National Basketball Association

2024 NBA Championship odds: Celtics favored; Nuggets, Knicks rising

Updated May. 15, 2024 10:31 a.m. ET

The NBA playoffs are in full swing and Boston remains the favorite to win the title.

The Celtics finished the regular season with the best record in the league at 64-18. They are also the -650 favorites to win the Eastern Conference as of Wednesday.

Let's jump into the action, with odds from DraftKings Sportsbook.

NBA EASTERN CONFERENCE WINNER:

Boston Celtics: -650 (bet $10 to win $11.54 total)
New York Knicks: +550 (bet $10 to win $65 total)
Indiana Pacers: +1500 (bet $10 to win $160 total)
Cleveland Cavaliers: +40000 (bet $10 to win $4,010 total)

NBA WESTERN CONFERENCE WINNER:

Denver Nuggets: -115 (bet $10 to win $18.70 total)
Oklahoma City Thunder: +260 (bet $10 to win $36 total)
Minnesota Timberwolves: +500 (bet $10 to win $60 total)
Dallas Mavericks: +700 (bet $10 to win $80 total)

Now, let's check out the updated title odds for every team at DraftKings.

CHAMPIONSHIP ODDS FOR 2023-24 NBA SEASON:

Boston Celtics: -130 (bet $10 to win $17.69 total)
Denver Nuggets: +275 (bet $10 to win $27.50 total)
Oklahoma City Thunder: +800 (bet $10 to win $90 total)
Dallas Mavericks: +1300 (bet $10 to win $140 total)
Minnesota Timberwolves: +1600 (bet $10 to win $170 total)
New York Knicks: +2000 (bet $10 to win $210 total)
Indiana Pacers: +7500 (bet $10 to win $760 total)
Cleveland Cavaliers: +100000 (bet $10 to win $10,010 total)

Despite going down 2-0 in their Western Conference semifinals matchup with Minnesota, the defending champion Nuggets earned two road wins of their own, tying that series heading into Game 5.

Then, Nikola Jokic scored 40 on Tuesday night to give Denver a 3-2 lead in that series, and help the Nuggets' odds to win the West move from +145 to -115, and their title odds move from +370 to +275.

The Wolves, meanwhile, dropped from +800 to win the championship on Tuesday to +1600 on Wednesday.

The Knicks also made a move on the East winner oddsboard after their Game 5 win over Indiana on Tuesday, leaping from +900 to win the East to +550 on Wednesday.

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