2024 NBA Championship odds: Celtics favored; Nuggets tumble

National Basketball Association

Updated May. 8, 2024 11:36 a.m. ET

The NBA playoffs are in full swing and Boston remains the favorite to win the title.

The Celtics finished the regular season with the best record in the league at 64-18. They are also the -370 favorites to win the Eastern Conference as of Wednesday.

While Boston remains favored to win it all, a ton of other odds changed overnight.

Let’s jump into the action, with odds from FanDuel Sportsbook.

NBA EASTERN CONFERENCE WINNER:

Boston Celtics: -420 (bet $10 to win $12.70 total)

New York Knicks: +360 (bet $10 to win $45 total)

Indiana Pacers: +2300 (bet $10 to win $210 total)

Cleveland Cavaliers: +6500 (bet $10 to win $360 total)

In the other conference, Denver was favored to win the West at +120 on Saturday, but after losing Games 1 and 2 of its Western Conference semifinals matchup against Minnesota, the Wolves have now surpassed the Nuggets — as have the rest of the remaining West contenders.

NBA WESTERN CONFERENCE WINNER:

Minnesota Timberwolves: -115 (bet $10 to win $18.70 total)

Oklahoma City Thunder: +210 (bet $10 to win $38 total)

Dallas Mavericks: +600 (bet $10 to win $52 total)

Denver Nuggets: +800 (bet $10 to win $80 total)

Now, let’s check out the updated title odds for every team at FanDuel.

CHAMPIONSHIP ODDS FOR 2023-24 NBA SEASON: *

Boston Celtics: -115 (bet $10 to win $18.70 total)

Minnesota Timberwolves: +300 (bet $10 to win $40 total)

Oklahoma City Thunder: +650 (bet $10 to win $75 total)

New York Knicks: +1100 (bet $10 to win $120 total)

Denver Nuggets: +1600 (bet $10 to win $170 total)

Dallas Mavericks: +1800 (bet $10 to win $190 total)

Indiana Pacers: +9000 (bet $10 to win $910 total)

Cleveland Cavaliers: +20000 (bet $10 to win $2,010 total)

* odds as of 5/8/24

What was thought to be a heavyweight contest has turned into a beatdown in the Western Conference semifinals matchup between Denver and Minnesota.

After pulling out a 106-99 Game 1 win in Denver, the Wolves — without Defensive Player of the Year winner Rudy Gobert — blasted the Nuggets in Game 2, 106-80.

Minnesota will now go home with a 2-0 lead over the defending champions, and after sitting at +490 on the championship oddsboard on Monday (second), the Nuggets are now at +1600 (fifth).

The Wolves were third on the board at +600 on Monday. As of Wednesday, they are second, at +300.

Still, Skip Bayless said on Tuesday’s “Undisputed” that he expects the Nuggets to show their championship mettle in Game 3.

“I am not giving completely up on these Denver Nuggets. This team has too much basketball character to lay down and die in Game 3. I think you will get their best shot.”

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