The 2022–23 NBA season looked to be well set before the start of February 2023, when it all got shaken up. With the trade deadline knocking at their door, several teams decided to open up to new trades, deals that involved some of the greatest superstars of this era.
The newly stirred-up odds table shows some great promises for some top teams, but with the season extending to June 2023, there’s still a lot that can happen to change the outcomes as well as the betting odds for the championship on various betting platforms.
That’s why seasoned punters stay up to date with the latest odds, news updates, and betting previews. You can find all this along with comprehensive betting guides for this season of NBA at betJACK if you’re looking to do the same.
Anyway, let’s get back to the odds table again, see how it got to this point and how far the tides are possibly going to carry it in the future.
Deals that Stirred the NBA Championship Odds: Durant, Irving, Westbrook Among Others
It all started when Kyrie Irving showed his willingness to move away from the Brooklyn Nets. It didn’t take the Nets long to find the trade policy they wished would still keep their team on track. The Nets ended up sending Kyrie to the Mavericks, but that marked only the beginning of the trade avalanche that would ensue in the next few days.
In the following days, the Nets shipped Kevin Durant off to the Phoenix Suns, along with T.J. Warren, in what could possibly be the biggest trade in recent NBA history. You can read the full story here.
The Phoenix Suns, on the other hand, had to send Jae Crowder, Cam Johnson, Mikal Bridges, and four of their unprotected first-round picks off in order to afford this trade. They also owe the Nets a pick swap in 2028.
These are the major deals that changed the betting landscape of the 2023 NBA more than anything else. This is evident, as no bookie wasted any time setting newer, more proper odds for these teams, and the changes in the odds table are drastic, without a doubt.
With Kevin Durant and T.J. Warren joining the likes of Chris Paul and Devin Booker, the Suns’ odds of winning the championship jumped from +1800 to +450, earning them second place in the odds table, sitting right behind the Boston Celtics, whose odds are currently +340.
The Nets’ chances of winning the championship look really thin now. Their drastic drop in the odds table (from +600 to +10000) can be considered evidence of that, as bookmakers are willing to stake more against their possibility of winning the championship.
The Dallas Mavericks saw a bit of a jump as well after acquiring Kyrie Irving. Their odds are currently sitting at +1800 as offered by betJACK.
The Los Angeles Lakers also came up with a superstar deal, gaining D’Angelo Russell, Malik Beasley, and Jarred Vanderbilt by saying goodbye to Russell Westbrook and sending him off to Utah. Their odds are currently +5000.
The Milwaukee Bucks added Jae Crowder to their roster. They are currently occupying third place with +500 odds and showing great promise with a 12-game winning streak as of February 20th.
NBA 2023: Favorite for the Title Odds
Here are the latest odds offered by betJACK for this season’s NBA finals.
BOS Celtics +340
PHO Suns +450
MIL Bucks +500
DEN Nuggets +600
LA Clippers +1000
PHI 76ers +1000
GS Warriors +1400
MEM Grizzlies +1400
DAL Mavericks +1800
CLE Cavaliers +2000
MIA Heat +3500
LA Lakers +5000
NO Pelicans +5000
ATLHawks +10000
BKNNets +10000
SAC Kings +10000
NY Knicks +15000
TOR Raptors +15000
CHI Bulls +25000
MIN Timberwolves +25000
POR Trail Blazers +25000
IND Pacers +50000
OKCThunder +50000
UTAJazz +50000
WAS Wizards +50000
CHA Hornets +100000
DET Pistons +100000
HOU Rockets +100000
ORLMagic +100000
SA Spurs +100000
Things You Should Keep in Mind When Betting for NBA Championship
If you’ve come this far and decided to hop on the NBA championship betting train, here are some crucial tips for you to make the most out of your wager.
Do Your Homework
Championship odds change throughout the year depending on the forms of various teams, injury concerns, trades, and other factors.That’s why odds alone are not enough to determine a good bet. Keeping up with regular news updates, game reviews and previews, as well as frequently updated odds will ensure you higher probabilities of a successful bet.
Find the Best Odds
Odds can vary depending on different bookmakers. When you’ve decided who to bet on, find out which bookmaker offers the highest odds and who is more likely to payout fair and fast. Compare your options on a casino comparison site.
Stay Calm and Collected
Don’t overreact to sudden shifts and upsets. If your homework is solid, stay on it. If you’re in a live betting session during the finals, keep your head clear and don’t panic.
Gamble Responsibly
Gambling should be a way to add to the enjoyment of your favorite sport, not the way to easy money. Do not bet money you can’t afford. Set a limit to how much you can comfortably wager and stick to that limit. Bet money that you are ready to lose without consequences. Don’t try to win back the money you lost by placing even bigger bets.
