Bucks and Celtics see 2024 NBA Championship odds spike following massive trades

  • Boston (+375) and Milwaukee (+400) are the favorites to win the NBA title following their big offseason acquisitions
  • Nikola Jokic and the Nuggets (+550) aim to become the first repeat champion since the 2018 Golden State Warriors
  • The 2023-24 NBA Regular Season begins on Tuesday, Oct. 24th

After months of trying to get himself to Miami, Damian Lillard landed with two-time MVP Giannis Antetokounmpo. Oddsmakers immediately made Milwaukee the title favorite, but the Celtics surged ahead after acquiring former Buck Jrue Holliday just a few days later.

Who will win 2024 NBA Championship? Before we check the latest futures, be sure to check out the 2023-24 NBA MVP Betting Odds and our guide to betting on NBA basketball.

2024 NBA Championship

BetOnline ReviewBetOnline ReviewBovadaMyBookie Review
Boston Celtics+375+375+375
Milwaukee Bucks+400+400+400
Denver Nuggets+550+550+550
Phoenix Suns+550+550+550
Los Angeles Lakers+1200+1200+1200
Golden State Warriors+1600+1600+1600
Cleveland Cavaliers+2200+2200+2200
Los Angeles Clippers+2200+2200+2200
Miami Heat+2500+2500+2500
Dallas Mavericks+2800+2800+2800
Memphis Grizzlies+2800+2800+2800
Philadelphia 76ers+3300+3300+3300
New Orleans Pelicans+4500+4500+4500
New York Knicks+5000+5000+5000
Sacramento Kings+5000+5000+5000
Oklahoma City Thunder+6600+6600+6600
Atlanta Hawks+8000+8000+8000
Minnesota Timberwolves+8000+8000+8000
Brooklyn Nets+10000+10000+10000
Chicago Bulls+12500+12500+12500
Houston Rockets+12500+12500+12500
Toronto Raptors+12500+12500+12500
Indiana Pacers+15000+15000+15000
Orlando Magic+15000+15000+15000
San Antonio Spurs+15000+15000+15000
Utah Jazz+15000+15000+15000
Detroit Pistons+25000+25000+25000
Portland Trail Blazers+25000+25000+25000
Washington Wizards+25000+25000+25000
Charlotte Hornets+30000+30000+30000

Milwaukee or Boston? 

Milwaukee (+400) had the best record in basketball last season (58-24) before flaming out in the first round against Miami. Trading for Damian Lillard, who averaged 32.2 points and 7.3 assists last season, provides a big boost to an offense that was overly-reliant on Giannis Antetokounmpo, who posted 31.1 points and 11.8 rebounds per game in 2022.

The only fly in the ointment is the man they swapped for Dame, Jrue Holliday, ended up landing with their biggest Eastern Conference rival in a separate deal just a few days later. Upon acquiring the veteran guard, Boston (+375) jumped slightly ahead of the Bucks as title favorites. It was a busy offseason for the Celtics, who also acquired Kristaps Porzingis earlier in the summer.

Denver set to dominate?

Prior to the Lillard and Holliday acquisitions, Denver (+550) was the chalk pick to repeat in 2024. And barring injury, they should cruise through the Western Conference at the very least after only losing veteran Bruce Brown off their championship roster.

Nikola Jokic nearly averaged a triple-double in the postseason (30 points, 13.5 rebounds and 9.5 assists). At only 28 years old, the Serbian has already claimed two regular-season MVP awards, a ring and a NBA Finals MVP. Jamal Murray also proved to be a more-than-capable second banana throughout the Nuggets title run, averaging 26.1 points, 7.1 assists and 5.7 rebounds.

Boston Celtics2024 NBA Champions
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Milwaukee Bucks2024 NBA Champions
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Suns really a contender?

Phoenix (+550) puzzlingly has the exact same odds as a Nuggets team that eliminated them from the playoffs in six games last May. While the club hired former Lakers coach Frank Vogel and dumped Chris Paul in favor of sharpshooter Bradley Beal, a lot is riding on Kevin Durant’s health. The 35-year-old has shown no ability to stay healthy in recent years – making the Suns an obvious stay away.

Lakers and Warriors have no chance

Los Angeles (+1200) and Golden State (+1600) round out the top six, but it’s difficult to see 38-year-old LeBron James or 35-year-old Steph Curry winning their fifth championship. The Warriors brought in Hall of Fame guard Chris Paul, but lost Jordan Poole in the process. And the Lakers didn’t do much to bolster a club that was swept by the Nuggets in the Western Conference Finals.

Best Bet

While Giannis and Lillard teaming up will be fun, the rest of the roster is thin compared to the Celtics’ roster. Still, we don’t think either Eastern Conference club did enough to knock off the Nuggets.

We’ll buy the dip and predict Denver to win their second-consecutive NBA championship.

Denver Nuggets2024 NBA Champions
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Steve Starr

Steve is the quintessential American sports enthusiast. He has mastered the art of Sundays, devoting them to football, and barbecue parties. He proudly wears the hats of a good father, husband and a great dog owner. Aside from his decades of contributing to different top-tier sports publications, Steve has also found his niche on Twitter, where he publishes funny and relatable sports-related insights. When he's not busy tweeting, Steve loves to watch each game unfold live. He possesses an innate talent for finding humor in the sports world, appreciating both the thrilling moments and the comedic mishaps that make each event unique.