NBA championship odds for 2022–23 are starting to change significantly for the first time as the season progresses. Mybookie hasn’t changed the preseason favorite in the 2022–23 NBA championship odds despite some inconsistent early results among the top contenders, but after some rearranging over the past few weeks, we now have a clearer picture at some of the best teams to bet on for the NBA Championship.
After opening as +650 favorites to win the title, the Boston Celtics have seen their odds increase to +350, while the Milwaukee Bucks (+590), Brooklyn Nets (+640), and Golden State Warriors (+800) could all see themselves fighting for the Larry O’brien Championship Trophy. Let’s look at the most recent Odds to Win the NBA Championship as the competitors continue to tussle, passing the midpoint of the season.
Updated 2023 NBA Championship Betting Odds After Week 13 Action
Favorite
The Celtics (+350) appear unfazed despite an eventful summer that saw a strong free agency push contrasted by a scandal that led to the resignation of head coach Ime Udoka, as well as injury trouble that has stalled their progress up to this point. Boston has ignored the commotion and started the season strong on the court with the best record in the league (32-12).
The gradual improvement of Jayson Tatum has also played a significant role as the 24-year- old is averaging a fifth-best 30.6 points per game, and he is a favorite to win the MVP award this year. The Celtics have a tremendous supporting cast in Jaylen Browns and defensive wizard Marcus Smart.
Boston has the second-best offense in the league averaging 118.5 points per game, and when healthy, they have one of the deepest rosters in the league. They will have to get past stiff competition in the Eastern Conference with Giannis Antetokounmpo and the Bucks (+590) and Kevin Durant and the Nets (+640), but they have the formula to win it all.
Smart Pick
While the Celtics are the odds on favorite to win the NBA Championship this year, the smart pick might just be the Milwaukee Bucks. Don’t forget that the Bucks defeated the Celtics in Game 7 of the Eastern Conference Semifinals in 2021–22 and won the championship in 2020–21. Milwaukee is obviously capable of winning a championship this year with Mike Budenholzer in charge and Giannis Antetokounmpo tearing through opponent after opponent.
The Milwaukee Bucks (27-16) are closing in on the Boston Celtics for the top spot in the Eastern Conference. One of the league’s most diversified offenses, in addition to Giannis, there are several additional players who can serve as reliable offensive options, like Khris Middleton, Jrue Holiday, and Brook Lopez. With one of the deepest rosters in the league, Milwaukie finds ways to use lesser-known players like Grayson Allen, Pat Connaughton, and Joe Ingles to develop unique offensive looks.
While the Bucks can certainly put up points with the rest of the league, ultimately, defense wins championships, and Milwaukie owns one of the league’s top defensive options. At +590, the Bucks should be in a good position at the trade deadline to add some more talent and make a run at the NBA Title.
Long Shot
While the Golden State Warriors are sitting in the Eighth position in the Western Conference Standings, they are primed to make a run in the second half. The Golden State Warriors have reclaimed their position as the NBA’s team to beat after shocking the sports world by capturing their fourth NBA championship in eight years. Stephen Curry has missed almost the entire season this year, and the Warriors get the reigning Final MVP back in the lineup the rest of the way.
Not only do the Warriors have stars with playoff experience that should carry them deep into the playoffs, but they also have a ton of up-and-coming talent like Jordan Poole and Moses Moody that give them exceptional depth and two-way play. With Curry out due to injury, Golden State has benefitted with the recent acquisitions of Donte DiVincenzo and JaMychal Green getting more playing time.
At +800, the Warriors can go toe to toe with any team in the NBA. They can score the basketball with ease, and Steve Kerr will have the Golden State defense peaking at the right time down the stretch. The playoff experience, roster depth, and home-court advantage will give the Warriors an outside shot at winning the NBA Title.
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