In the race for the NBA Championship, the Cleveland Cavaliers (+1330) and Charlotte Hornets (+10200) are separated by a notable gap. The implied probabilities — 7.0% and 1.0% respectively — tell the story of how the market views these two contenders.
Since the start of the 2023-24 season, the Cleveland Cavaliers have shortened from +2570 to +1330, while the Charlotte Hornets have shortened from +50000 to +10200.
The market currently gives the Cleveland Cavaliers the edge at +1330, while the Charlotte Hornets sit at +10200. Both teams' full odds history across all tracked sportsbooks is charted above.