Cleveland Cavaliers NBA Finals Odds: Cavs Offer Sleeper Appeal In Deep Eastern Conference

The start of the NBA season serves as a spark of heat to the dropping temperatures. That’s especially true in Ohio, where Cleveland Cavaliers 2023 NBA Finals odds hint at a warm spring.

The nation’s top sportsbooks offer a lot more than just NBA Finals odds. The Cavaliers are +350 to win the Central Division, behind the Milwaukee Bucks (-260). FanDuel Sportsbook also prices the Cavaliers -310 to make the playoffs outright, avoiding the play-in tournament that halted them in 2022.

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2023 Cleveland Cavaliers NBA Finals Odds


The Cleveland Cavaliers added more than a big name when they traded for Donovan Mitchell. They added invaluable playoff experience to help nurture the young talent on the roster.

Point guard Darius Garland and mobile big man Evan Mobley complete Cleveland’s “Big 3”. If they take steps forward, BetRivers Sportsbook’s +3300 Cleveland Cavaliers 2023 NBA Finals odds may look like a bargain.

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2023 NBA Finals Favorites

The Cleveland Cavaliers will deliver one of the more impressive playoff runs if they advance to the 2023 NBA Finals. The Eastern and Western Conferences both have a number of legitimate championship contenders.

Eastern Conference Championship Odds Favorites

Milwaukee Bucks (+350, DraftKings)

Perennial MVP candidate Giannis Antetokounmpo leads the Bucks with Jrue Holiday and Khris Middleton as his sidekicks. They’re a well-coached, defensively sound team that will contend for the NBA championship.

Boston Celtics (+300, FanDuel)

Jayson Tatum and Jaylen Brown form one of the top duos in the NBA. The Celtics’ success may hinge on how quickly 34-year-old first-time head coach Joe Mazzulla performs in interim duty.

Brooklyn Nets (+440, BetRivers)

Kevin Durant, Kyrie Irving, and Ben Simmons form an enviable trio that can cruise to the NBA Finals in theory. Can they keep the ship patched together long enough to make it through June?

Western Conference Championship Odds Favorites

Golden State Warriors (+333, BetRivers)

The Warriors will continue to fold young players like Jordan Poole, James Wiseman, and Jonathan Kuminga in to the mix, and they will help ease the regular-season load on Steph Curry, Klay Thompson, and Draymond Green.

Los Angeles Clippers (+325, Caesars)

Kawhi Leonard and Paul George form one of the game’s preeminent 1-2 punches. Add the depth of their entire roster to the equation, and it’s easy to understand the optimism surrounding the Clippers.

Phoenix Suns (+500, DraftKings)

The Suns are only one season removed from competing for an NBA title. The core of that team remains, and there could be value for those willing to bet on their lengthened odds.

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Cleveland Cavaliers NBA Finals Odds & History

SeasonPreseason Championship OddsEnd of Season
2021-22+5000044-38, 8th in East
2020-21+5000022-50, 13th in East
2019-20+15000014-40, 15th in East
2018-19+5000019-63, 14th in East
2017-18+51550-32, Finals runner-up

It doesn’t take a die-hard NBA fan to recognize that 2017-18 was LeBron James’ final season before leaving for Los Angeles.

The Cavaliers are drawing their best NBA Finals odds since the second LeBron James era, and while the path to the championship round will be particularly steep, if the Cavs’ pieces can jell together, they’ll be able to make noise deep into the spring.

Cleveland Cavaliers NBA Championship Odds, Trades, and Rumors

The Cavaliers’ acquisition of Donovan Mitchell was perhaps the biggest trade of the NBA offseason. The Cavs parted with young talent and considerable draft capital, but Mitchell is someone the organization will count on in the present. His presence gives the Cavaliers a three-headed monster that warrants the respectable NBA championship odds they’re drawing.

Their odds will continue to shrink early in the season if second-year big-man Evan Mobley takes a step forward. He made his preseason debut after nursing an ankle injury in camp. The Cavs may ease him into the regular season, but their fate is closely tied to Mobley’s development.

Overall, the rumor mill is quiet as it pertains to the Cavs and splashy moves. They picked up a pair of 2023-24 player options, including Mobley’s, and waived five players ahead of Wednesday’s season opener.

Cleveland Cavaliers Championship Odds FAQ

1. Who is the favorite to win the 2023 NBA Finals?

Different teams are listed as the 2023 NBA Championship favorites. The Golden State Warriors, Los Angeles Clippers, Milwaukee Bucks, and Boston Celtics are listed as favorites at different sportsbooks.

2. What are the Cleveland Cavaliers’ odds of winning the 2023 NBA Championship?

FanDuel and BetRivers Sportsbooks each list the Cavaliers +3300 to win the 2023 NBA Finals. Those are among the better values for those looking to place a wager on the Cavs. Other books list them with shorter +3000 odds. It’s always a good idea to shop around for the best numbers.

3. When do the 2023 NBA Finals begin?

The 2023 NBA Finals begin on June 1 and will extend through as late as June 18 if the NBA championship series goes the full seven games.

4. Who won the 2022 NBA Finals?

The Golden State Warriors defeated the Boston Celtics in six games to win the 2022 NBA Finals. Warriors guard Stephen Curry was named the 2022 NBA Finals MVP.

5. How does an NBA moneyline wager work?

In a moneyline bet, the favorite is denoted by a (+) and the underdog a (-). If the favorite is +150, a bettor stands to net $150 on a $100 bet. Conversely, a -150 favorite requires a bettor to wager $150 for the chance to win $100.

About the Author

Craig Williams

Craig Williams is a Charlotte-based sportswriter who has worked professionally in the gaming, fantasy, and sports business industries. He’s an avid fantasy football player, managing over 100 leagues across multiple formats. When he’s not pouring over Vegas odds and statistics, he’s indulging in soccer and enjoys anything from LigaMX to Champions League.