2022-23 NBA odds preview: Warriors, Celtics favorites, but plenty of contenders

Golden State Warriors guard Stephen Curry gestures during the second half of an NBA basketball game against the Cleveland Cavaliers in San Francisco, Sunday, Jan. 9, 2022. The Warriors won 96-82. (AP Photo/John Hefti)

Basketball is officially back with the NBA regular season tipping off on Tuesday night. That’s a full 82 games of betting point spreads, over/under, and tracking futures odds.

The two games on opening night feature three of the favorites to win the 2023 NBA title: the Boston Celtics, Philadelphia 76ers, and Golden State Warriors.

The reigning champion Warriors are one of the co-favorites at +575. Even though there has been some locker room drama with Draymond Green’s punch of Jordan Poole caught on video, they’ll look to show they’re ready to repeat against an L.A. Lakers team that cannot seem to find its stride.

The other co-favorite is the Boston Celtics, who are also +575 to win a championship. The Celtics did not make too many changes in the offseason and will have the same team on the floor. However, who knows what will happen to team morale and championship chances with coach Ime Udoka suspended and Joe Mazzulla taking over on an interim basis.

The Philadelphia 76ers are a team that has gotten close in recent years but has not made it out of the Eastern Conference. They are +1300 to win the championship and could threaten if James Harden and Joel Embiid continue to gel. But the Eastern Conference is stacked. Overtaking the Celtics can be a good benchmark to start Philadelphia’s championship hunt.

Western woes

It is no surprise the Warriors are favored to repeat. But the second Western Conference team on the list may raise a few eyebrows: The L.A. Clippers are only +650 to win a championship.

The Clippers lost both play-in games last year for a shot in the Western Conference playoffs, the second one to the New Orleans Pelicans. It could be a memorable season if Kawhi Leonard returns to full health and the Clippers build on their previous success.

Further down the championship odds list are teams that have been hot in previous seasons. The Phoenix Suns (+1300) went to the NBA Finals two years ago but were bounced in the second round by the Dallas Mavericks last year. Just because the Denver Nuggets (+1600) have reigning MVP Nikola Jokic does not mean they will be championship contenders.

The 2020 champion Lakers (+1800) have consistency problems from their Big Three: Anthony Davis, LeBron James and Russell Westbrook, who couldn’t even lead the team to the play-in round a year ago. The Memphis Grizzlies (+2200) hope to build on a breakout season in which they earned the No. 2 seed in the West.

The other teams with odds less than 30 to 1 are the Mavericks (+2700), the Minnesota Timberwolves (+3000), and the New Orleans Pelicans (+3000), who hope the return of Zion Williamson boosts them into the conference’s top tier.

No matter what, there are big odds to be had out West if you’re willing to pivot from the Golden State.

Looking East

The East will be a dogfight, no question. Besides the aforementioned Celtics and 76ers, you’ve got the 2021 champion Milwaukee Bucks, who are +700 to win another NBA title; and the star-studded Brooklyn Nets, also +700

Other teams can surprise, too.

The Chicago Bulls (+6500) surprised everyone last season with trades acquiring DeMar DeRozan, Alex Caruso, and Lonzo Ball and by making the playoffs for the first time since the 2016-17 season. The main issue was staying healthy, and if they can the team could have a more memorable season than the last.

Jimmy Butler’s Miami Heat (+2400) is not going away any time soon. Miami will have the same faces on the court and will continue to be a challenge for all Eastern Conference teams because it is constantly underestimated and plays a stifling defense that can stall any team. Keep an eye out for this team.

The new-look Cleveland Cavaliers, who added former Jazz star Donovan Mitchell in one of the splashes of the offseason, are +3000 to win the title.

MVP talk

The NBA MVP hunt also begins on Tuesday night and two early front-runners play in one of the games: 76ers center Joel Embiid (+700) and Celtics forward Jayson Tatum (+1000). Their team leadership will be crucial for any postseason success, and if they make it back to the conference finals or even the NBA finals, it will be a tight MVP race.

But the overall favorite is high-scoring Dallas Mavericks guard Luka Doncic at +390, followed by two-time MVP Giannis Antetokounmpo at +575. The top five is rounded out by the Nets’ Kevin Durant, who is even with Tatum at 10 to 1.

Nuggets center Nikola Jokic has won the past two awards but is only +1200 to win a third straight. Four-time MVP LeBron James of the Lakers is further down the list at +2000.

Complete 2022-23 NBA odds

Odds from Caesars Sportsbook:
Golden State Warriors +575
Boston Celtics +575
Los Angeles Clippers +650
Brooklyn Nets +700
Milwaukee Bucks +700
Philadelphia 76ers +1300
Phoenix Suns +1300
Denver Nuggets +1600
Los Angeles Lakers +1800
Memphis Grizzlies +2200
Miami Heat +2400
Dallas Mavericks +2700
New Orleans Pelicans +3000
Minnesota Timberwolves +3000
Cleveland Cavaliers +3000
Toronto Raptors +4000
Atlanta Hawks +5000
Chicago Bulls +6500
New York Knicks +10000
Portland Trail Blazers +12500
Charlotte Hornets +20000
Washington Wizards +30000
Sacramento Kings +35000
Detroit Pistons +40000
Orlando Magic +50000
Utah Jazz +100000
Houston Rockets +100000
Indiana Pacers +100000
San Antonio Spurs +100000
Oklahoma City Thunder +100000
Luka Doncic, Mavericks +390
Giannis Antetokounmpo, Bucks +575
Joel Embiid, 76ers +700
Jayson Tatum, Celtics +700
Kevin Durant, Nets +1000
Nikola Jokic, Nuggets +1200
Ja Morant, Grizzlies +1400
Stephen Curry, Warriors +1500
Zion Williamson, Pelicans +1800
LeBron James, Lakers +2000
Kawhi Leonard, Clippers +2800
Trae Young, Hawks +3500
Damian Lillard, Trail Blazers +4000
Karl-Anthony Towns, Timberwolves +4500
Devin Booker, Suns +4500
Anthony Davis, Lakers +5000
James Harden, 76ers +5000
Donovan Mitchell, Cavaliers +5500
Anthony Edwards, Timberwolves +6000
DeMar Derozan, Bulls +7500
Jimmy Butler, Heat +8000
LaMelo Ball, Hornets +8000
Jamal Murray, Nuggets +8000
Paul George, Clippers +9000
Rudy Gobert, Timberwolves +10000
Kyrie Irving, Nets +10000
Bradley Beal, Wizards +10000
Paolo Banchero, Magic +170
Keegan Murray, Kings +430
Bennedict Mathurin, Pacers +550
Jabari Smith, Rockets +650
Jaden Ivey, Pistons +700
Jalen Williams, Thunder +2000
Tari Eason, Rockets +2500
Dyson Daniels, Pelicans +3000
Shaedon Sharpe, Trail Blazers +3000
Ochai Agbaji, Jazz +4000
Mark Williams, Hornets +5000
Jaden Hardy, Mavericks +5000
Walker Kessler, Jazz +5000
Johnny Davis, Wizards +5000
Ousmane Dieng, Thunder +5000
Jalen Duren, Pistons +5000
AJ Griffin, Hawks +5000
Malaki Branham, Spurs +5000
Anthony Edwards, Timberwolves +750
Tyrese Maxey, 76ers +1000
Jalen Green, Rockets +1600
Zion Williamson, Pelicans +1800
Jalen Brunson, Knicks +1800
RJ Barrett, Knicks +2000
Tyrese Haliburton, Pacers +2200
Desmond Bane, Grizzlies +2500
Michael Porter Jr., Nuggets +2500
Scottie Barnes, Raptors +2800
Keldon Johnson, Spurs +2800
Collin Sexton, Jazz +3000
Josh Giddey, Thunder +3000
LaMelo Ball, Hornets +3000


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