The new betting favorites for the 2023 NBA championship: Celtics and Bucks

The Boston Celtics and the Milwaukee Bucks are the new favorites to win the 2023 championship, according to BetMGM’s updated title odds, which follow a flurry of NBA trades.

The Golden State Warriors were +550 betting favorites to repeat their championship run when the offseason began. But despite keeping their cores intact, the Celtics traded Malcolm Brogdon to the Bucks, and the Warriors increased their odds to +650 by acquiring Joe Ingles.

After beginning at +700 and +900, respectively, the Clippers and Suns also experienced a decrease in their odds to +650. The odds for the Lakers and Heat to win the championship also improved, each falling from +1400 to +1100.

The biggest change in odds, as expected, came from Brooklyn, when the Nets’ gamblers’ expectations were dashed by Kevin Durant’s desire for a trade. New odds put them at +3500 after they started at +700 last month.

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