The Cleveland Cavaliers broke new ground in 2022-23, going 51-31 in the regular season — their most wins in a single year since LeBron James departed in 2018. It’s been a long road back, but it’s safe to say that the Cavaliers are here to stay.
The next step for Cleveland is postseason success. Despite earning the No. 4 seed in the Eastern Conference, the Cavs were quickly dispatched from the 2023 playoffs, falling 4-1 in the first round to the New York Knicks.
Cleveland will be a great team to bet on in 2023-24. Not only are there some excellent Cavaliers prop bets available, but Cleveland is looking a bit underrated as well, which means you can find some terrific value with your wagers.
Cavaliers Odds 2024
See the latest odds on Cavaliers prop bets with our interactive widget below.
Cavaliers Prop Bets 2024
NBA lines are current as of Monday, Aug. 14, at 9 a.m. ET. To see updated Cavaliers odds and lines, use the widget above.
Cavaliers: Win Central Division (+200)
Caesars Sportsbook • WAGER: 1 Unit
The Cavaliers aren’t favored to win the Central — that honor belongs to the Milwaukee Bucks — but there’s an argument to be made for Cleveland.
Quietly, the Cavs had an impressive offseason. The addition of sharpshooters Max Strus and Georges Niang should help boost an offense that ranked just 25th in points per game and 24th in three-point attempts this past season, and I approve of the decision to re-sign Caris LeVert, as well.
Most of all, I appreciate that the Cavaliers didn’t go too far out of their way to alter the team. There are necessary changes to be made, but a first-round exit shouldn’t change the fact that Cleveland just had a stellar year.
Milwaukee could also struggle in its first year under new coach Adrian Griffin, while the Cavs have continuity on their side. It’s not out of the question for Cleveland to win the division, and at (+200), I like the value enough to make this my NBA bet of the day.
Cavaliers: Over 50.5 Wins (-105)
Caesars Sportsbook • WAGER: 1 Unit
It’s perfectly fair to suggest that the Cavaliers improved this summer. It’s also not a stretch to say that other top contenders in the Eastern Conference — namely the Philadelphia 76ers — took a step in the wrong direction, which significantly affected the NBA Finals odds.
With those two thoughts in mind, it seems more likely than not that Cleveland will tally at least 51 wins in 2023-24. We’re essentially asking for a repeat performance of what the Cavs accomplished last season, and they may not meet as much resistance in the coming year.
This is also still an extremely young core, and it’s only natural that they continue to improve. Donovan Mitchell is just 27, while Jarrett Allen, Darius Garland, and Evan Mobley are all 25 and under.
Cavaliers: Win In-Season Tournament Group (+210)
Caesars Sportsbook • WAGER: 1 Unit
Cleveland got something of a tough draw for its In-Season Tournament group, having to face off with the likes of the Atlanta Hawks, Indiana Pacers, Detroit Pistons, and the aforementioned 76ers. However, considering that James Harden is seeming rather reluctant to play for Philly again, it doesn’t look as daunting.
The Cavaliers and Sixers are co-favorites to win East Group A at (+210), while the Hawks aren’t far behind at (+350). However, since this is an early-season event, Philadelphia may still be in the midst of a standoff with Harden, which opens the door for Cleveland to lead the way.
The Cavs may not win the whole tournament, but they at least look like pretty clear favorites to emerge from their group. Considering the circumstances and overall NBA In-Season Tournament odds, this looks like free money.
Cavaliers Betting in Ohio
If you’re looking to begin betting on the Cavaliers in Ohio, now is an excellent time to start. Our Ohio sports betting guide has details on the best sign-up bonuses available at all of the top sportsbooks, including Caesars, DraftKings, and FanDuel.
How to Bet on Cavaliers Games 2024
How to Bet Cavaliers Moneylines
The most straightforward type of bet you can make is a moneyline wager. To win a moneyline bet, you must correctly pick the winner of a game. As long as the team you wagered on wins, you’ll win as well.
Moneyline odds will vary on a game-to-game basis, but even if the Cavaliers are favored to win one, it may not be in your best interest to bet on them to do so.
For example, the Cavs would be heavily favored in a matchup with the Pistons. We can expect Cleveland to have around (-300) odds to win. You would need to bet $30 to win $10, and there’s not really a good reason to do that, especially when there are other, more profitable bet types available.
This doesn’t mean you should never bet on a favorite — that’s often a good strategy, especially with parlays — but it may be more worthwhile to bet on games that are expected to be close.
- 2022-23 Cavaliers Moneyline Record: 51-31
How to Bet Cavaliers Spreads
Rather than dealing with winners and losers, spread betting is all about how a team performs in relation to a preset margin of victory. Oddsmakers will determine how many points they believe the favorite will win by, which might look like this: Cavaliers -8.5 (-110) at Pistons +8.5 (-110).
In this example, the spread is 8.5 points. Since the Cavaliers are favored, in order to cover the spread, they would have to win by more than 8.5 points. Otherwise, the Pistons can either win the game or lose by less than 8.5 points in order to cover.
- 2022-23 Cavaliers Against the Spread Record: 42-36-4
How to Bet Cavaliers Over/Unders
If you’re unsure of which way a game may go, but have a feeling that it will be either high- or low-scoring, Over/Under bets — or totals — are for you.
For example, the total for a game between the Cavaliers and Pistons may be set at 216.5 points. For the Over to hit, more than 216.5 total points would have to be scored, while the Under would cash if the total comes in below that mark.
- 2022-23 Cavaliers Over/Under Record: 40-42
