How Milwaukee Bucks' Loss Affects NBA Eastern Conference Odds

Article By Bryce Derouin

Last Updated: Mar 14^th, 2024

Share On Your Network

Url copied!

How Milwaukee Bucks' Loss Affects NBA Eastern Conference Odds

The Milwaukee Bucks entered as the NBA Finals favorites, but following a 4-1 series loss to the Miami Heat, that has shaken up things.

Let's look at how the NBA betting odds have shifted.

Established 2018

BetMGM Sportsbook Bonus

Up To $1,500 in Bonus Bets If Your First Bet Loses
Bonus Code: GAMBLINGCOM

Bet Now

Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate. Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, KY, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY) Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for T&Cs. US promotional offers not available in NY, NV, or Puerto Rico.

Boston Celtics Move Up as NBA Favorites

Boston is now as low as +140 to win it all at DraftKings Sportsbook.

That is the first time a team has been under +200 in the NBA title futures market this season. The Celtics are even shorter favorites to win the Eastern Conference at -175.

Despite being the favorite, Boston still has work to get out of the first round. After failing to clinch the series at home in Game 5 against the Atlanta Hawks, the Celtics head to Atlanta tonight for another chance to close the series. Boston is a seven-point favorite at DraftKings.

Best NBA Promos

NBA Promo	Sportsbook + Promo Code
🎁 Get up to $1,250	✅ Caesars - GAMBLINGFULL
🎁 Up to $1,000	✅ BetMGM - GAMBLINGCOM
🎁 Bet $5 Get $150 in Bonus Bets	✅ FanDuel - NO CODE NEEDED
🎁 Bet $1 Get $200	✅ Bet365 - GAMBLING
🎁 Bet $5 Get $150	✅ DraftKings - NO CODE NEEDED
🎁 Get up to $250	✅ Betway - NO CODE NEEDED

Historic Loss for the Milwaukee Bucks

With the win over the Bucks, the Heat recorded the fourth-biggest upset series in NBA history since 1988 when series odds were tracked.

The Bucks were -1200 favorites, trailing only the 1994 Seattle Sonics (-2000), 2007 Dallas Mavericks (-1800) and 2012 Chicago Bulls (-1400).

The Denver Nuggets defeated Seattle, while the Golden State Warriors topped the Mavericks and Philadelphia 76eers beat the Bulls.

Milwaukee started the postseason as the overall NBA title betting favorite at just +230. Even down 3-1, the Bucks still were near the top of the odds board at +550.

Best Bonus Codes for NHL and NBA Playoffs - Unlock Up to $2,900 in Bonuses Today

NBA Western Conference Favorites

The next two favorites to win the title are in the Western Conference with the Phoenix Suns at +390 at FanDuel and the Golden State Warriors sitting at +500.

Golden State has seen the biggest recent jump in the odds market. The Warriors started the postseason at +800 but rose as high as +1100 after falling down 2-0 to the Sacramento Kings. But three straight wins put the Warriors amongst the favorites at +500.

Before you make your NBA wagers, check out Gambling.com's picks page

Long shots to Win the NBA Title

Both the Heat and the New York Knicks were long shots at the start of the postseason. Miami was +10000 to win it all, and the Knicks were listed at +9000. Now, one of those teams will at least make the Eastern Conference Finals with the Knicks and Heat set to face off in the second round.

After advancing, both teams saw their odds drastically decrease; the Heat are now at +3500 and the Knicks are at +2000.