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2023/24 NBA Championship Odds: Celtics still favored over Nuggets, Clippers

Who lifts the Larry O'Brien Trophy at the end of the 2023/24 NBA season?

The NBA All-Star break has come and gone and, with just over 20 games remaining, the playoffs are on the horizon, so we check out the favorites to win the NBA Championship and detail exactly why the top teams have a shot at winning the title.

2023/24 NBA Championship odds

BOS Celtics

+250

DEN Nuggets

+450

LA Clippers

+500

MIL Bucks

+650

PHX Suns

+1400

MIN Timberwolves

+2000

NY Knicks

+2000

OKC Thunder

+2000

PHI 76ers

+2500

CLE Cavaliers

+2800

Read more: Every team to win the NBA Championship

2023/24 NBA Championship favorites

Boston Celtics +250

The favorite to win the title before the season started remains the same team after the All-Star break.

The Boston Celtics have been utterly dominant this season as Jayson Tatum is making a case for the league MVP and the additions of Jrue Holiday and Kristaps Porzingis have been crucial to their success. 

Fortunately for the Celtics, they have the second easiest finish to the season as their remaining strength of schedule ranks 29th.

That means Boston will be able to use its bench frequently to give the starters fewer minutes, and as we’ve seen so far this season, the Celtics bench is very deep with Payton Pritchard, Sam Hauser and Al Horford as the leaders of the second unit.

The Celtics are showing no signs of slowing down and Joe Mazzulla’s side are the rightful favorites as they've held the league's best record for much of the season.

Denver Nuggets +450

The reigning NBA Champions have been solid in the Western Conference this season, as Nikola Jokic is having another phenomenal season and Jamal Murray has been the perfect sidekick.

Plus, Michael Porter Jr., Aaron Gordon and Kentavious Caldwell-Pope have stepped up this season to round out one of the NBA's best starting fives.

The difficult part for Denver will be battling the rest of the teams in the conference. The Timberwolves and Thunder have leapfrogged the Nuggets in the standings and they may have to settle for not being the top seed in the West this time around.

A few losses could put the Nuggets even lower in the standings, so it will be crucial for them to stay healthy as they look to retain the Larry O’Brien Trophy.

Los Angeles Clippers +500

When James Harden was first traded to the Clippers, it seemed like a massive mistake. Nobody seemed to know their role and their defense was atrocious for the next week or so.

However, the Clippers found their rhythm in January, winning 13 of the 16 games that month.

Harden has become the main ball distributor, while Paul George and Kawhi Leonard post up in the paint and sit on the perimeter. The X-factor for the Clippers will be Terance Mann, who has had an up-and-down season thus far.

If Los Angeles can get productive minutes out of Mann and center Ivica Zubac continues to defend the paint effectively, the Clippers are an elite team in the West and could be on their way to a first-ever title.

Milwaukee Bucks +650

The Bucks hit a rough patch following the appointment of Doc Rivers as head coach, slipping to third in the East, but they won five games straight starting at the end of February and seem to be building momentum ahead of the playoffs.

Giannis Antetokounmpo has been fantastic as usual, with the Greek Freak averaging over 30 points and 11 rebounds per game, while offseason acquisition Damian Lillard is fresh off of winning the 3-Point Contest and the All-Star Game MVP during All-Star Weekend.

Between Antetokounmpo and Lillard, the Bucks have the talent to make a deep run in the playoffs. The question is, will the coaching be good enough to give Milwaukee the edge in the fine margins of a seven-game playoff series? 

Rivers has a poor playoff record and it remains to be seen whether the switch from Adrian Griffin to the current head coach was a smart move.

Phoenix Suns +1400

The supposed new superteam of the Western Conference had a sluggish start to the season. Phoenix was 33-22 at the All-Star break and found itself on the cusp of making the playoffs.

Devin Booker has continued to grow as the Kentucky alum is averaging over 25 points per game, while Kevin Durant leads the team in scoring as he averages just below 30 a game.

The X-factor for the Suns this season was going to be Bradley Beal and, when he has been healthy, he has been great.

However, a healthy Beal hasn’t been a common theme. Between back and hamstring injuries, Beal has missed quite a few games this season.

The Suns are up to sixth but the West is extremely tight and they will need their big three to stay fit if they are to achieve a favorable first-round matchup and, more importantly, a solid run at the title.

Minnesota Timberwolves +2000

Led by Anthony Edwards and Karl-Anthony Towns, the Timberwolves have been one of the best teams in the NBA this season, currently leading the way in the West.

Heading into the All-Star break, the Timberwolves boasted an impressive 39-16 record. Minnesota’s starting rotation and depth on the bench has made them very difficult to beat.

The Timberwolves have the best defensive rating (108.0) in the league - led by Defensive Player of the Year favorite Rudy Gobert - which could prove pivotal in the postseason. 

Minnesota has an excellent chance to be the top seed in the West at the end of the regular season which should give them a platform to build on in the playoffs as they aim for a shock title.

Read more about the NBA Defensive Player of the Year Award, including odds and past winners, on site.

New York Knicks +2000

Jalen Brunson was phenomenal in his first season with the Knicks last year and he’s been even better this season.

Brunson was named an All-Star last month, is averaging over 27 points per game and is shooting nearly 50% from the field. He has been the clear leader of the team and once Julius Randle comes back, the Knicks are going to be even more dangerous. 

Randle suffered a shoulder injury ahead of the All-Star break but is expected to re-join the Knicks before the playoffs. Brunson suffered a non-contact knee injury against the Cleveland Cavaliers on March 3, but X-rays came back negative.

New York made a series of moves before the trade deadline: Bojan Bogdanović has been a perfect addition for the perimeter and OG Anunoby has been the all-around boost New York has needed and their added depth could be important in the postseason.

Oklahoma City Thunder +2000

The Thunder have slipped a little in the last few weeks. At the beginning of February, the Thunder were +1800 to win it all but are now +2000.

Losses to the Pistons, Timberwolves, Jazz, and Mavericks right before the break put them in second place in the Western Conference standings, where they currently remain just ahead of Denver.

Shai Gilgeous-Alexander is a star and the face of the franchise in OKC. He is averaging 31.2 points per game, which is second in the NBA behind Luka Doncic. 

Gilgeous-Alexander is surrounded by an athletic group of young players like Jalen Williams, Chet Holmgren, and Josh Giddey, who all know their role in Mark Daigneault's well-coached offense.

With a relatively easy final two months of the season, the Thunder have a great chance to end as the #1 or #2 seed in the West.

Odds mentioned in this article were correct at the time of writing and are subject to change.

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