The Southeast Division sent its top team, the Miami Heat, to the NBA Finals in 2023. It remains to be seen if that’ll happen again in 2024, but with one of the league’s top stars potentially heading to South Beach via trade, things are looking up for Miami.
This division doesn’t begin and end with the Heat, though. The Hawks finished just three games back of Miami this past year, and the Magic are trending up with Paolo Banchero at the helm.
Let’s dig into the latest Southeast Division betting odds for the 2023-24 NBA season.
NBA Southeast Division Betting Odds 2023
Track line movement for the NBA Southeast Division Winner with our odds widget below:
Caesars Sportsbook provides NBA lines for the 2024 NBA Southeast winner, which are current as of Monday, July 17, at 11 a.m. ET:
- Miami Heat (-300)
- Atlanta Hawks (+290)
- Orlando Magic (+900)
- Charlotte Hornets (+10000)
- Washington Wizards (+15000)
Who Will Win The NBA Southeast Division?
Miami Heat (-300)
Caesars Sportsbook • WAGER: 2 Units
The Heat already have everything they need to compete for a division title. They’ve won it in three of the last four years.
But Miami is aiming higher, which is why it’s been targeting Damian Lillard this summer. It’s hardly a sure thing that the Heat will land the seven-time All-Star, though Miami is his preferred destination.
With or without Lillard, the Heat are right to be considered the heavy favorites to claim the Southeast crown. Between Jimmy Butler and Bam Adebayo, the ceiling is pretty high.
I don’t love the juice since nothing is finalized yet, but Miami is clearly the No. 1 in this division. Lock in the Heat with your NBA bet of the day.
NBA Southeast Division Favorite
Atlanta Hawks (+290)
The Hawks still have Trae Young and Dejounte Murray. They also have Quin Snyder as head coach, who has a history of getting the most out of his teams during the regular season.
This roster is pretty underwhelming, though. Not only are there not many familiar names, but the depth is seriously lacking at some key positions.
Trading for a big-name star is the best route this team can take, and there have been rumors about a potential deal for Pascal Siakam. Until that materializes, though, I’d recommend holding off on betting on the Hawks.
NBA Southeast Division Contender
Orlando Magic (+900)
The Magic may have a logjam to deal with in the backcourt, but don’t let that distract you from how young and talented this group is.
At the top is Banchero, who was a near-unanimous choice for 2022-23 Rookie of the Year. The first-year forward averaged 20 points per game and prompted some All-Star discussion, and he’s bound to take another step forward in Year 2.
Franz Wagner and Wendell Carter Jr. have established themselves as the next-best options on offense, and there’s a plethora of playmakers to choose from at guard between Cole Anthony, Jalen Suggs, and rookie Anthony Black.
A division crown seems highly unlikely, and at (+900), I don’t see a ton of value here. I don’t doubt that the Magic will have a solid season, though.
NBA Southeast Division Sleepers
Charlotte Hornets (+10000)
There are more questions than answers when it comes to the Hornets, who come into the year after winning just 27 games in 2022-23. LaMelo Ball did miss more than half of the season, but Charlotte’s issues run deeper than that.
One main problem: Two starting-caliber forwards — Miles Bridges and Gordon Hayward — may struggle to get their usual allotment of minutes with P.J. Washington (who has yet to re-sign) and No. 2 pick Brandon Miller taking priority.
- See where Miller stands in the latest NBA Rookie of the Year odds.
This is a team that’s lacking direction and could be primed to make several trades during the year. Either way, don’t expect them to sit near the top of the division by the time the season comes to an end.
Washington Wizards (+15000)
The Wizards blew everything up this summer, but there still looks to be a path for them to finish better than at least one team in the division. Tyus Jones, Jordan Poole, and Kyle Kuzma are all great players, and there’s a wide array of young talent just waiting to break out.
Is there an argument for the Wizards winning the Southeast? No, not really.
The defense is bound to be abysmal, and the amount of roster turnover means it could be a while before this group figures out how to play together.
With that said, slotting them as such heavy underdogs — especially compared to the Hornets, who don’t look much better — isn’t right. Washington will exceed expectations, even if they don’t amount to much.