It’s been an interesting year for the Miami Heat, who have yet to recapture the same magic that helped them claim the No. 1 seed in the Eastern Conference this past season. As of late December, the Heat would merely be the No. 6 seed in the playoffs.
With that said, now looks like the right time to bet on Miami. A rebound has to be coming, so there’s some serious value to be had.
Let’s take a look at the best Miami Heat betting odds for the 2022-23 NBA season.
Best Heat Betting Lines 2023
Heat Futures Betting Odds
Note: All NBA gameday odds and lines are current as of Thursday, Dec. 29, at 3 p.m. ET and courtesy of Caesars Sportsbook.
Be aware that these lines may change as the season progresses, so please stay tuned to the widget above.
- Win Southeast Division (-130)
- Win Eastern Conference (+2000)
- Win 2023 NBA Finals (+4500)
Heat NBA Finals Odds
Heat Win 2023 NBA Finals (+4500)
As of now, I would not recommend a bet on the Heat to win the NBA Finals. This team is clearly still far behind teams like the Celtics, Bucks, Nets, Pelicans, Nuggets, and Clippers.
Even at this attractive price, a sprinkle isn’t worth your time.
Heat Eastern Conference Odds
Heat Win Eastern Conference (+2000)
A bet on the Heat to win the Eastern Conference is slightly more intriguing, but I still wouldn’t recommend doing it. Three of the NBA’s top contenders (Celtics, Bucks, Nets) currently sit atop the East, and I don’t see the Heat being able to beat any of them in a playoff series.
Heat Southeast Division Odds
Heat Win Southeast Divison (-130)
This is where the value is right now. The Heat are clearly better than the likes of the Hawks, Wizards, Magic, and Hornets, and it’s not particularly close. Despite that, we can get Miami to take the division crown at (-130) odds.
Hammer this line before the Heat put even more distance between them and their peers.
Heat Prop Bets 2023
Bam Adebayo Wins Defensive Player of the Year (+1600) at Caesars Sportsbook
Even though this isn’t looking too likely at the moment, Bam Adebayo is still a savvy choice to win Defensive Player of the Year this season. Miami’s defense has climbed all the way to seventh in defensive rating, and Adebayo is undoubtedly the team’s best player on that end of the floor.
He’ll likely need to elevate the Heat’s defense to one of the top rankings in the NBA and bring up his counting stats to be considered, but neither of those is out of the question.
How to Bet Heat Moneylines
Moneyline betting is the easiest type to get familiar with, and if you were betting Heat moneylines last season, you likely made a good bit of money.
To win a moneyline bet, the team that you bet on needs to win the game. It’s as simple as that. When they win, you win.
Of course, this isn’t always the most profitable type of betting. The Heat were favorites in a majority of their games this past season, which means you had to bet more money on their side than the opponent’s to turn a decent profit.
Favorites, for example, are indicated by a minus (-) symbol. If the Heat are playing the Hornets, they might be a (-180) favorite. In this case, you would need to bet $18 to win $10.
On the other hand, underdogs are represented by a plus (+) symbol. Using the same example above, the Hornets might be a (+180) underdog. Here, you’d only need to bet $10 to win $18.
- 2021-22 Heat Moneyline Record: 53-29
How to Bet Heat Spreads
Spread are another common way to bet on Heat games, and they’re also one of the most profitable. Unlike with moneylines, each team will have the same (-110) odds, meaning you don’t need to bet more or less on either side to make money.
However, there is a twist. Each team will have a specified number of points added or subtracted from their final score at the end of the game. If the team you bet on to cover the spread still wins the game after that’s completed, then the team covered the spread and you win your bet.
For example, say the Heat are playing the Hornets. In this case, Miami would likely be a 7.5-point favorite. In order to cover the spread, the Heat would need to win the game by more than 7.5 points to cover the spread.
On the other hand, if Charlotte won the game outright or lost by less than 7.5 points, then they would cover instead.
- 2021-22 Heat Against the Spread Record: 46-35-1
How to Bet Heat Over/Unders
As is the case with spreads, both options in Over/Unders carry the same (-110) odds. However, instead of picking winners and losers, you’re choosing whether or not the final score of a game will be higher or lower than a predetermined number.
In that same Heat vs Hornets game, the total might be set at 216.5 points. In this example, the Over would hit if the final combined score of the game was more than 216.5 points. Otherwise, the Under would hit.
- 2021-22 Heat Over/Under Record: 48-33-1