LAS VEGAS – Fresh off capturing the first NBA championship in franchise history on Monday, the Denver Nuggets were installed by sportsbooks as favorites or co-favorites to repeat as champions.
The Nuggets closed out the NBA Finals in Game 5, defeating the visiting Miami Heat 94-89 to end the best-of-seven series. Finals MVP Nikola Jokic amassed 28 points and 16 rebounds in the title-clinching win.
DraftKings listed Denver as a +500 favorite to win the championship again in 2024. The nearest followers per DraftKings are the Boston Celtics (+550), the Milwaukee Bucks (+650) and the Phoenix Suns (+850).
FanDuel posted Denver and Milwaukee as co-favorites at +460. The Celtics (+500) and the Suns (+700) are the only other teams with odds better than +1200, which is the number listed for both the Golden State Warriors and the Philadelphia 76ers.
BetMGM has the Nuggets at +500, followed by the Celtics (+550), the Bucks (+600) and the Suns (+850).
Others among the favorites according to FanDuel are the Cleveland Cavaliers (+1900), the Los Angeles Lakers (+1900), the Los Angeles Clippers (+2100), the Heat (+2500), the Dallas Mavericks (+2700) and the Memphis Grizzlies (+3000).
Per DraftKings, the other favorites aside from the top four are the Lakers (+1200), the Warriors (+1200), the 76ers (+1300), the Mavericks (+1300), the Clippers (+1500), the Heat (+1800) and the Grizzlies (+1900).
BetMGM’s other top contenders are Dallas, Golden State and the Lakers, all at +1200; the Clippers and Philadelphia, both at +1400; and Memphis and Miami, both at +2000.
The biggest longshots according to FanDuel are the Charlotte Hornets, Utah Jazz, Orlando Magic, Indiana Pacers, San Antonio Spurs, Houston Rockets and Detroit Pistons, all at +50000. DraftKings has the Hornets at +40000 and the Pistons alone at the bottom at +50000, while BetMGM has Charlotte and Detroit bringing up the rear at +50000.
Neither of this year’s finalists were among the top five favorites in odds posted right after the Golden State Warriors won the 2022 NBA Finals.