The NBA season has reached January, and many teams are beginning to separate themselves from the pack and emerge as true NBA Finals contenders.
There are, of course, the usual suspects at the top. However, there are more than a few teams making a genuine case that they should be taken seriously as the season progresses.
Here’s a look at the 2023 NBA Finals odds and our favorites, contenders, and sleepers to win the upcoming title.
NBA Finals Betting Odds 2023
Caesars Sportsbook provides NBA lines for the 2023 Finals winner, which are current as of Wednesday, Jan. 4, at 3 p.m. ET.
Use our top NBA playoff betting apps to make these wagers.
- Boston Celtics (+360)
- Milwaukee Bucks (+600)
- Brooklyn Nets (+600)
- Golden State Warriors (+700)
- Los Angeles Clippers (+1000)
- Memphis Grizzlies (+1200)
- Denver Nuggets (+1200)
- New Orleans Pelicans (+1600)
- Phoenix Suns (+1800)
- Philadelphia 76ers (+2000)
- Cleveland Cavaliers (+2000)
- Dallas Mavericks (+2500)
- Toronto Raptors (+4000)
- Miami Heat (+4500)
- Los Angeles Lakers (+5500)
- Sacramento Kings (+7500)
- Atlanta Hawks (+7500)
- Portland Trail Blazers (+7500)
- Minnesota Timberwolves (+12500)
- New York Knicks (+15000)
- Chicago Bulls (+20000)
- Utah Jazz (+20000)
- Indiana Pacers (+20000)
- Oklahoma City Thunder (+40000)
- Washington Wizards (+40000)
- Detroit Pistons (+100000)
- Orlando Magic (+100000)
- Houston Rockets (+100000)
- San Antonio Spurs (+100000)
- Charlotte Hornets (+100000)
2023 NBA Finals Favorites
Boston Celtics (+360)
The Celtics remain the odds-on favorite to win the NBA Finals this year thanks in large part to their impeccable offense, but they’re beginning to lose their grip on the top spot. As of Jan. 4, Boston has lost seven of its last 12, including an embarrasing 33-point defeat at the hands of the Thunder.
With that said, the combination of Jayson Tatum and Jaylen Brown is going to be incredibly tough to keep up with in the postseason, and Robert Williams III is still finding his footing. Nearly every team goes through some sort of inexplicable “meh" stretch, and that appears to be where Boston is right now.
There are better bets available right now considering the price, but this may still be worth a sprinkle at the moment.
Milwaukee Bucks (+600)
The Bucks are also going through a bit of a rough stretch, winning just five of their last 12. Health has been the key factor here: Khris Middleton is nowhere near the All-Star version of himself yet, and Jrue Holiday and Giannis Antetokounmpo have each missed time.
However, I still wouldn’t want to meet Milwaukee in a playoff series. Antetokounmpo’s MVP campaign is coming along swimmingly, and he’s capable of going off for 40 and 20 at a moment’s notice.
Between their stifling brand of defense and versatile offensive weapons, the Bucks have the complete package and deserve to be considered among the favorites to hoist the Larry O’Brien trophy at the end of the year.
2023 NBA Finals Contenders
Brooklyn Nets (+600)
The Nets are surging. Kevin Durant and Kyrie Irving‘s squad has won 12 in a row and 16 of the last 17, vaulting them up to the No. 2 spot in the Eastern Conference.
What’s most surprising about Brooklyn is this team’s ability to defend. Long considered to be nothing but an offensive powerhouse under the direction of former coach Steve Nash, the Jacque Vaughn-led Nets rank third in offense and eighth in defense, giving them the third-best net rating in the league.
Brooklyn has every right to be considered one of the top threats to win the NBA title. At (+600) odds, I’m all over this bet.
Denver Nuggets (+1200)
Don’t sleep on the Nuggets, who have the best record in the Western Conference as of this writing. Denver’s high-powered offense ranks second only to the Celtics, and contributions from role players in Aaron Gordon, Bones Hyland, Bruce Brown, and Kentavious Caldwell-Pope have made an enormous difference.
Of course, the Nuggets also have an MVP contender in Nikola Jokić, who’s averaging 25.6 points, 10.8 rebounds, and a career-high 9.5 assists. The fact that he’s still putting up such monstrous numbers even with all the additional help he’s gotten this year is pretty staggering.
The defense is a major concern — Denver has the fifth-worst defensive rating in the NBA — but there’s still room to grow and add some stoppers on that end of the floor via the trade market.
2023 NBA Finals Sleepers
New Orleans Pelicans (+1600)
Consistency and health have been the big issues with New Orleans this season, but when this team is at full strength, there’s almost no stopping them. Between Zion Williamson, Brandon Ingram, and CJ McCollum, the Pels have more than enough star power to get around.
New Orleans also boasts high ranks in offensive rating (No. 8), defensive rating (No. 5), and net rating (No. 4), which speaks volumes about this group’s ability to win games on both ends of the floor.
Willie Green has done a phenomenal job with this team. Even if the title doesn’t come this year, there’s almost certainly one in his future.
Cleveland Cavaliers (+2000)
They say that defense wins championships. If that’s the case, it’s time for us to make way for the Cavaliers. Cleveland ranks second in defensive rating and first in points allowed per game, and the team also ranks No. 1 in net rating.
Donovan Mitchell looks the part of a legitimate MVP candidate following his 71-point performance on Jan. 2, and the presence of other young stars in Darius Garland, Evan Mobley, and Jarrett Allen have the future looking blindingly bright.
But do the Cavs need to wait for the future? They’ve already proven that they can go head-to-head with the top teams in the league, and roughly halfway through the season, they look very much like the real deal.
2023 NBA Finals Prediction
Brooklyn Nets (+600)
Nobody can stop the Nets right now, and the Celtics are beginning to develop some bad habits. Should this continue, I have to imagine that Brooklyn will represent the Eastern Conference in the NBA Finals, where they’ll ultimately go on to win the title.