NBA Championship Futures Betting Trends: Timberwolves Rising


Nov 22, 2023

The NBA  Championship betting landscape is showing some intriguing trends as we approach Thanksgiving. Let’s dive into the numbers to see where bettors are putting their money and how the odds are shaping up.

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Line movement (Last Week to Now)

  • Nuggets +475 to +425
  • Timberwolves +3000 to +2500

The Denver Nuggets have seen a significant shift from an opening line of +500 to a current +425, reflecting their strong season performance. Interestingly, they are also leading in both Ticket% at 19.0% and Handle% at 30.6%, indicating high confidence among bettors.

Highest Ticket%

  • Nuggets 19.0%
  • Suns 12.8%
  • Celtics 11.0%

Despite a slight increase from last week’s +650 to a current +700, the Phoenix Suns remain a popular pick with a Ticket% of 12.8% and a Handle% of 10.5%. This suggests that while their odds have worsened, they still carry a fair share of the betting market’s optimism.

Highest Handle%

  • Nuggets 30.6%
  • Celtics 15.1%
  • Suns 10.5%

Boston Celtics‘ odds have held steady at +375 from last week, matching their lowest point from the opening number of +550. The steadiness of their odds, coupled with Ticket% and Handle% at 11.0% and 15.1%, respectively, underscores their status as a consistent favorite. Boston has set the standard with an NBA-best 11-3 mark early on.

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Biggest Liability

  • Spurs
  • Pistons
  • Warriors

The Golden State Warriors have drifted to a +1300, up from an opening of +1200. Their Ticket% and Handle% at 7.0% and 4.9% suggest a cautious approach from bettors, perhaps waiting to see if they hit their championship-winning stride.

Conversely, the Milwaukee Bucks have experienced a tightening of their odds to +450 from an opening of +600. With Ticket% and Handle% at 6.2% and 8.3%, they are still very much in the hunt, according to the betting public.

The Los Angeles Lakers have seen their odds lengthen dramatically from +1200 at the start to +1800, mirrored by a Ticket% and Handle% of 5.8% and 7.1%. This is a bit surprising, as LA is on a three-game win streak.

Lastly, the Minnesota Timberwolves stand out with a massive cut in their odds from an opening of +6600 to +2500, signaling a surge in betting interest, which is, however, not reflected in their low Ticket% and Handle% of 2.3% and 1.4%. Minnesota has won nine of their past 10 and has the best record in the west at 10-3.

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As the season marches on, these odds and percentages will continue to be a barometer of public sentiment and potential outcomes for the NBA Championship. Bettors and fans alike will watch with keen interest as teams jockey for position in the first part of the year.

Thumbnail photo via USA TODAY Sports Images

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