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The dust hasn’t even settled at the TD Garden in downtown Boston, and fans are still singing Sweet Caroline in the streets, but that doesn’t mean we aren’t looking toward next June.

The 2025 NBA Finals odds have been released and, unsurprisingly, the Celtics are clear +300 favorites to repeat as champions at Caesars Sportsbook, possessing one of the deepest rosters in recent memory.

They are followed by the 2023 title-winning Nuggets (+750) and the Western Conference runner-up Timberwolves (+900).

No one will usurp Boston in terms of odds anytime soon.

The Celtics have the majority of their team under contract, and even players buried like Xavier Tillman on the bench would get significant minutes on other teams.

Given the odds, the Celtics are rightful favorites, but betting at the market open has advantages.


  The Celtics are the reigning champions. USA TODAY Sports via Reuters Con The Celtics are the reigning champions. USA TODAY Sports via Reuters Con

For one, the Celtics are in a spot where they likely won’t improve dramatically between now and October.

Moreover, the teams around them should only improve.

2025 NBA Finals odds

The Nuggets at +750 odds is an intriguing price-point but, digging deeper, they seemed to fall off last year as they badly missed guard Bruce Brown, who was a major contributor in 2023.

Kentavious Caldwell-Pope is is a pending free agent from that title-winning group that could easily be headed elsewhere, as he’s due a massive raise.

If the Nuggets lose him, they will have no way of replacing his contact value or talent.

At this stage, we want teams that can get better and hope the line is roughly five percent better by regular season start than when you bet on it.


  Joel Embiid might have trouble staying healthy, but another star could make that a non-factor. Getty Images Joel Embiid might have trouble staying healthy, but another star could make that a non-factor. Getty Images

The Philadelphia 76ers are a team that immediately comes to mind, as they’ve been expected to be in the market for Paul George, who could be leaving the Los Angeles Clippers.

Philadelphia is among the few teams that are competing for a championship while also possessing cap space to make a deal work with a top-level player.

Jimmy Butler also appears to be on the outs in Miami if the 76ers want to go that route.

There’s a long list of options available to Philadelphia, including another future Hall of Famer who will be flirting with multiple other franchises this offseason.


  Paul George and the Clippers may have a tough time agreeing to a contract. NBAE via Getty Images Paul George and the Clippers may have a tough time agreeing to a contract. NBAE via Getty Images

Betting on the NBA?

That would be LeBron James, who holds a player option with the Lakers.

If you want to take another shot, the Phoenix Suns appear to be gaining steam to snag James if they draft his son, Bronny, in the 2024 NBA Draft.

It’s far from a lock that James signs with the Suns (33/1) for a league-minimum contract when he could get more than $100 million from the Lakers on an extension, but it’s still worth monitoring.


  Kevin Durant may need some help from LeBron James to win another championship. NBAE via Getty Images Kevin Durant may need some help from LeBron James to win another championship. NBAE via Getty Images

Don’t forget that the Suns were among the favorites to win the title when they traded for Bradley Beal last offseason, but Phoenix did not meet expectations.

A shot on the Suns at this price is well worth it as it won’t get any higher and if James goes back to Hollywood, a cash-out should be an equal-value proposition.

PICKS: 76ers (18/1, Caesars) | Suns (33/1, Bet365)

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