The Cleveland Cavaliers made strides in 2021-22, but they appear poised to make the leap this season.
With a fun, young, and talented group bolstered by the offseason addition of superstar guard Donovan Mitchell, Cleveland is looking like a contender for both the Eastern Conference and NBA titles.
Let’s look at the Cavaliers betting odds for the 2022-23 NBA season.
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Best Cavaliers Betting Lines 2023
Cavaliers Futures Betting Odds
Note: All NBA gameday odds and lines are current as of Thursday, Dec. 15, at 1 p.m. ET and courtesy of Caesars Sportsbook.
You can find more Cavs odds at eligible Ohio online sports betting sites and other national outlets.
Be aware that these lines may change as the season progresses, so please stay tuned to the widget above.
- Win Eastern Conference (+900)
- Win 2023 NBA Finals (+2000)
Cavaliers NBA Finals Odds
Cavaliers Win 2023 NBA Finals (+2000)
Led by Mitchell, who was acquired by Cleveland from the Utah Jazz in September, as well as 2022 All-Stars Darius Garland and Jarrett Allen, the Cavaliers are racing toward the top of the Eastern Conference standings.
The Cavs have scoring depth with Garland, Mitchell, and criminally underrated Caris LeVert. Plus, they have the necessary size in Allen, Evan Mobley, and veteran Kevin Love.
Perhaps more important to the Cavaliers’ championship aspirations is the fact that they have gone toe-to-toe with the class of the NBA. They beat the Celtics in overtime in each of their first two head-to-head matchups and battled the Bucks in a pair of tightly-contested games, where Cleveland fell.
Still, given how wide-open the West is, The Land’s lucrative NBA Finals odds, and how well the Cavs have played against their East rivals, betting a small wager — or a “sprinkle," as we’d refer to it — to win it all is a solid investment.
Cavaliers Eastern Conference Odds
Cavaliers Win Eastern Conference (+900)
The Cavaliers are a step below Boston and Milwaukee in the standings, but they are right there in the mix with the Celtics, Bucks, Brooklyn Nets and Philadelphia 76ers for Eastern Conference supremacy.
If you’ll sprinkle on the Cavs to win the title, you should also wager on them to claim the East, particularly given the fact they have the fourth-shortest odds of any Eastern Conference team.
Cavaliers Prop Bets 2023
Donovan Mitchell: NBA MVP (+3000) at Caesars Sportsbook
The Cavaliers were eliminated in the play-in tournament a year ago, losing to the Brooklyn Nets and Atlanta Hawks. But with Mitchell, they are among the East’s top contenders.
Mitchell is near the top of the list of scoring leaders, despite the fact he trails fellow East players Jayson Tatum, Giannis Antetokounmpo, Kevin Durant, and Joel Embiid in NBA MVP odds.
However, given Cleveland’s marked improvement with Mitchell, and his perceived status as the Cavs’ best player, he’ll continue to get credit and votes as they keep winning.
Jarrett Allen: Defensive Player of the Year (+1000) at Caesars Sportsbook
Evan Mobley: Defensive Player of the Year (+1000) at Caesars Sportsbook
These are two of the toughest big men in the game, and each is averaging almost one steal and more than one block per game this season.
Sprinkling some money on both is a smart play, but if you prefer one over the other — I’d take Allen, personally — the odds are worth that wager, too.
How to Bet Cavs Moneylines
Moneyline betting is wagering on one team to win. Whichever team you pick simply needs to finish one point better than its opponent for your bet to pay out, with no spread to cover or total to reach.
Teams are assigned odds based on the likelihood of their winning. The team with a minus symbol in its moneyline spot is the favorite and is more likely to win, and the team with the plus symbol is an underdog, which is less likely to win.
If both teams have a minus in their moneyline section, that means the game expects to be very close.
The Cavaliers are one of the best teams in the East and have won far more than they’ve lost thus far in 2022-23, despite their early-season five-game losing streak.
Betting them on the moneyline is a likely win, though in the NBA since favorites can be in the -200 range — meaning $0.50 per dollar wagered — or shorter, the juice isn’t necessarily worth the squeeze.
- 2021-22 Cavaliers Moneyline Record: 44-38
How to Bet Cavs Spreads
The Cavaliers are good, which means betting on them to win is not a strategy conducive to winning. To combat that and bolster interest, sportsbooks offer spread betting, which is one of the most popular methods of gambling on sports.
In spread betting, gamblers are asked to project whether a favorite will win by at least a certain number of points, known as the spread. If it does, it will cover, but if it doesn’t, then the underdog will beat the spread.
Spreads can vary wildly, from one point to 14 or more, especially in the NBA where margins of victory are hardly consistent. But spread odds are usually (-110), or the sportsbook equivalent of a coin flip, which means a winning bet will pay out about $0.91 per dollar wagered.
- 2021-22 Cavaliers Against the Spread Record: 42-36-4
How to Bet Cavs Over/Unders
If spreads or moneylines aren’t your game, but you prefer wagering on the total number of points, you’re in luck. Sportsbooks will give users the option to wager on whether there will be more or fewer than a predetermined total.
The NBA can be tricky for betting on totals since the pre-game number is usually set above 200, as most basketball games are played at an electric pace these days. But in the Cavaliers’ case, the Under is usually the play.
- 2021-22 Cavaliers Over/Under Record: 36-44-2