2023 NBA Championship odds: Denver Nuggets huge favorite to win NBA title

After the Denver Nuggets defeated the Miami Heat in Game 4, the Nuggets' title odds have moved drastically.

Per FOX Sports Research, the Nuggets opened the series as the second-heaviest betting favorites (-500) heading into the NBA Finals in the past 16 seasons, behind only the Golden State Warriors against the Cleveland Cavaliers in the 2017-18 NBA Finals (-1075 to win the series).

After easily winning Game 1, Denver's title odds got all the way to -1000. Miami's odds shifted after the Heat won Game 2. But now that Denver is up 3-1, championship odds are once again on the move.

Let's dive into the current title odds:

Current 2022-23 NBA title odds*

Denver Nuggets -5000 (bet $10 to win $10.20 total)
Miami Heat +2000 (bet $10 to win $210 total)

* Odds as of 6/10/2023

The Nuggets' title futures have moved a ton, going from -1000 to -250 and now back to -5000 after their Game 4 win. That is a significant move in the title odds market. On the flip side, the Heat went from +550 to +200 to +650 and now at +2000 after Game 4.

Before the 2022-23 season began, the Heat were +1600 and the Nuggets +2000 in odds to win the NBA Finals.

So who are you throwing some money on to win it all? Stay tuned to FOX Sports for all the updates on the shifting odds as the series unfolds.

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