2023-2024 NBA Conference Championship Odds & Betting Futures

This NBA season, both conferences appear to be incredibly competitive, as we could see any number of teams come out on top in the East and the West. Here, we look at the NBA conference championship odds for both conferences, and highlight the teams that have the best shots to reach the NBA Finals this year.

Team
MIL	+220	+175	+140	+165	+150
BOS	+230	+225	+200	+225	+240
PHI	+550		+850	+650	+1000
MIA	+700	+1200	+1600	+1300	+1000
CLE	+900	+900	+950	+1000	+700
NY	+1600	+1800	+1700	+1800	+1600
ATL	+2500	+3000	+2500	+2500	+5500
TOR	+2800	+4000	+5000	+4500	+4900
BKN	+6000	+4000	+2500	+3500	+5500
CHI	+6000	+6600	+7500	+7500	+6500
ORL	+8000	+15000	+7500	+10000	+16000
IND	+12500	+12500	+10000	+13000	+11000
WAS	+12500	+20000	+30000	+50000	+25000
CHA	+20000	+20000	+25000	+25000	+25000
DET	+25000	+20000	+20000	+30000	+25000

In the Eastern Conference, the Miami Heat enjoyed a historic run to the NBA Finals by running through the playoffs in the East last season. They came into the postseason as the eighth seed, and beat the Bucks, Knicks, and Celtics en route to the Finals. Miami’s defense locked up some of the best offenses in the NBA to win their conference, and they will look to win it again in the 2023-24 campaign.

Looking at next season’s NBA championship odds, the Milwaukee Bucks and Boston Celtics are the favorites to win the Eastern Conference this year. The Bucks added Damian Lillard to join Giannis Antetokoumpo in the offseason via trade, which will make them incredibly dangerous offensively. Meanwhile, the Celtics might be the best all-around team in this conference, and will look to overcome their playoff shortcomings.

Outside of those top-two teams, there are several teams in the East who can make a run to the NBA Finals. The Philadelphia 76ers, New York Knicks, Miami Heat, and Cleveland Cavaliers all have a ton of talent that can take them deep into the playoffs if they put everything together at the right time. And given the inconsistency of the Celtics and Bucks in the playoffs in recent years, you never know if one of these teams can win the East instead.

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Team
DEN	+230	+240	+230	+250	+310
PHO	+320	+325	+300	+350	+270
GS	+650	+650	+650	+650	+800
LAL	+750	+750	+750	+750	+750
DAL	+1200	+1300	+1600	+1200	+1200
LAC	+1200	+1000	+900	+1000	+1000
SAC	+1200	+2500	+1800	+2500	+2300
MEM	+1300	+1200	+1000	+1300	+900
NO	+1600	+2200	+2500	+2500	+2400
MIN	+4000	+4000	+4000	+3500	+2700
OKC	+5000	+4000	+2500	+4500	+4200
POR	+6500	+12500	+10000	+13000	+25000
SA	+10000	+12500	+10000	+10000	+25000
UTA	+13000	+12500	+10000	+13000	+25000
HOU	+25000	+15000	+8000	+15000	+18000

In the Western Conference, the Denver Nuggets made it to the NBA Finals last season, dominating the rest of the West from the top-seed position. Nikola Jokic looked like an MVP once again, and he lived up to expectations in the playoffs, unlike the actual league MVP Joel Embiid. Denver is the favorite to win the West again during the 2023-24 NBA season, but they will need to hold off some serious competition if they want to repeat as Western Conference champions.

The Phoenix Suns should be elite next season, as they will have a healthy Kevin Durant and Devin Booker together for a full season, along with the newly-acquired Bradley Beal. Teams like the LA Clippers, Los Angeles Lakers, and Golden State Warriors will also be in the mix to win the Western Conference. But this conference championship will be Denver’s to lose again during the 2023-24 season.