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NBA Championship Odds 2024-25: Celtics Lead as Favorites While Thunder, Knicks Surge

David C. Girard by David C. Girard
November 7, 2024
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The NBA Championship race this season is set for another interesting season, and the Boston Celtics are set to start as the clear frontrunners from the defending champions. The new addition of key players to the current roster makes the Celtics currently favorites to win the next championship at +300.

Championship Favorites

That leads us to today, where Oklahoma City Thunder is considered a favorite at +600, and the New York Knicks join them at +750. These teams have built a much better roster; for instance, the Oklahoma City Thunder has signed Alex Caruso and Isaiah Hartenstein, and the New York Knicks, on the other hand, obtained Mikal Bridges and Karl-Anthony Towns. It has led to a great new level of depth and talent in your teams, which has especially altered the odds for the new season.

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Conference Breakdown

Eastern Conference

Currently, the Boston Celtics (+170), still the overwhelming favorite from the Eastern Conference, are keeping pace with the New York Knicks (+275) and the Philadelphia 76ers (+475. Most of the European and highly reputable bookmakers, such as Betway have entailing markets of such conference wars, with good odds offered and numerous kinds of stakes.

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The last two teams that make up the current top five teams are the Milwaukee Bucks at +600 and the Miami Heat at +750, as the conference is so competitive.

Western Conference

In the Western Conference, the Thunder are favourites at +300 with Timberwolves, Mavericks and the champions Nuggets at +500 each. While LA Lakers and Golden State Warriors are two conventional sports franchises who have had their fair share of title wins, they come into the tournament as ‘underdogs’ with a longer shot look, which makes them intriguing for smart money bets.

Betting Markets and Opportunities

Betway also offers a plethora of NBA markets that sports fans can bet on; these are regular season games, playoffs, and even futures betting. It is with regard to these types of bets that money line bets, point spreads, and over/under can be wagered, and this is apart from live betting opportunities for every game. Also, a player prop bet, including basic statistics such as points scored, a team prop bet, including total points scored by each team, and a game prop bet involving the result of particular games, add advantageously different ways of approaching the sport.

Finals Matchup Predictions

The most likely Finals matchup according to oddsmakers is Boston Celtics vs. Oklahoma City Thunder at +950, followed by Celtics vs. Mavericks and Celtics vs. Timberwolves, both at +1400. Dark horse matchups featuring surprise contenders offer particularly attractive odds for risk-tolerant bettors looking for higher potential returns.

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Recent history shows that preseason favorites often deliver, with four of the last six NBA Finals being decided in six games. The Western Conference has held a slight edge over the past two decades, winning 12 of the last 21 championships. This historical data provides valuable context for bettors analyzing championship futures and conference winner markets.

The top seed has historically performed well, winning the championship 13 times in the last 21 years. When placing bets through Betway and other platforms, bettors should consider these historical trends alongside current team performance and injury reports. Smart money often follows team momentum, head-to-head records, and home-court advantage statistics when making betting decisions.

Market Movement and Value Betting

Understanding line movement and identifying value opportunities remains crucial for successful NBA betting. Early-season odds often present the best value for futures bets, as the market has yet to fully adjust to team performance and chemistry. Sharp bettors particularly focus on injury news, load management schedules, and back-to-back game situations when seeking advantageous betting positions.

The NBA season promises exciting betting opportunities as teams compete for the Larry O’Brien trophy, with odds constantly adjusting based on team performance, injuries, and market activity. The increased competitiveness across both conferences suggests an unpredictable and thrilling season ahead for both fans and bettors alike.

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