In the race for the NBA Championship, the Cleveland Cavaliers (+1330) and Denver Nuggets (+1030) are separated by a razor-thin margin. The implied probabilities — 7.0% and 8.8% 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 Denver Nuggets have drifted from +525 to +1030.
The market currently gives the Denver Nuggets the edge at +1030, while the Cleveland Cavaliers sit at +1330. Both teams' full odds history across all tracked sportsbooks is charted above.