Denver Nuggets Championship Odds & Other Futures: May 2024

Fact Checked by Blake Weishaar
NBA Finals Odds
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Teams Best Odds
Celtics
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Nuggets
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+260BetMGM
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Timberwolves
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+900BetMGM
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Thunder
Up to $1,500 in Bonus Bets if Your First Bet Loses
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Mavericks
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Knicks
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76ers
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Pacers
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Cavaliers
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Bucks
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Denver Nuggets center Nikola Jokić

Here, we'll be tracking the Nuggets odds to win the championship, Western Conference odds, and more from the best Colorado sportsbooks. Denver holds a commanding 3-1 series lead over the Lakers and could punch their ticket to the next round of the playoffs with a win on Monday night.

Latest Nuggets Odds: Championship, Western Conference, & More

The table below provides a quick overview of the best odds for several Nuggets betting markets.

🏆 Nuggets NBA Championship Odds:+260
🥇 Nuggets Western Conference Odds:+105
🔥 Nuggets Odds to Win Series vs Timberwolves:-190
👑 Nikola Jokic Western Conference Finals MVP Odds:+110
👑 Nikola Jokic Finals MVP Odds:+280
✅ Odds Last Verified:May 2, 2024

Regardless of which Colorado betting app you look at, the Nuggets are clearly the second betting favorite for this year's NBA Finals. After Denver and Boston, the next closest teams are the Timberwolves and Thunder at +900.

Nuggets Odds to Win Championship

Oddsmakers like Caesars Sportsbook Colorado and others have had NBA Championship odds available for months. The best Denver Nuggets odds to win the championship are +260 on FanDuel Sportsbook.

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Nuggets Odds to Win Western Conference

Considering the Nuggets have the second-shortest championship odds, it should come as no surprise that they are favorites to win the West. Currently, the best odds for the Nuggets to win the Western Conference is +105 on DraftKings.

Western Conference Odds
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Teams Best Odds
Nuggets
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+105BetMGM
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+110FanDuel
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-110BetRivers
Thunder
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+350BetMGM
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+330FanDuel
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+350BetRivers
Timberwolves
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+375BetMGM
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+370FanDuel
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+350BetRivers
Mavericks
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+500BetMGM
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+480FanDuel
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Clippers
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+3000BetMGM
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+4200FanDuel
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+3000BetRivers
$1,000 First Bet on Caesars
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First Bet Safety Net Up To $1,000
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Nuggets vs. Timberwolves Odds

The Nuggets dispatched the Lakers in five games and now have their sights on the Minnesota Timberwolves. You can use the dropdown on the widget below to compare odds for the spread, moneyline, and total for Nuggets/Timberwolves Game 1.

Nuggets vs. Timberwolves Game 1 Odds
Best Odds
May 4th | 8:00pm
Timberwolves
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Timberwolves
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Over
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Nuggets
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Nuggets
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Under
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Teams Best Odds
Timberwolves
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Timberwolves
+155Bet365
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+155Bet365
Under
--
Nuggets
--
Nuggets
-185Bet365
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-185Bet365
Under
--
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Nuggets Playoff Schedule

Below is the Nuggets' playoff schedule for their series against the Minnesota Timberwolves. As of May 1, the game times have yet to be decided.

Nuggets vs. Timberwolves, Game 1Saturday, May 4
Nuggets vs. Timberwolves, Game 2Monday, May 6
Nuggets vs. Timberwolves, Game 3Friday, May 10
Nuggets vs. Timberwolves, Game 4Sunday, May 12
Nuggets vs. Timberwolves, Game 5Tuesday, May 14 (if necessary)
Nuggets vs. Timberwolves, Game 6Thursday, May 16 (if necessary)
Nuggets vs. Timberwolves, Game 7Sunday, May 19 (if necessary)

Nikola Jokic MVP Odds

Because of his dominance in the NBA Finals, "The Joker" was the preseason favorite at sportsbooks like BetMGM Colorado to win the NBA MVP award for the third time in four years, and it looks like that's what is going to happen. When regular season MVP odds were last available, Jokic was the heavy betting favorite at -10000.

With postseason play underway, you can wager on Nikola Jokic Finals MVP odds at a handful of operators. The current best price for Jokic to win Finals MVP is +290.

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Betting on the Denver Nuggets

This team was a terrific NBA Championship bet last preseason when they were +1800 to do something no Denver Nuggets team had ever done before: Win a championship

Those with clear crystal balls got paid handsomely, and the trick this year is figuring out if someone has caught up to them after an offseason of massive player movement brought Bradley Beal to the Phoenix Suns to make them good enough to begin the season as co-favorites with Denver as the second wagering choice behind Boston and Milwaukee. 

Of the Top 10 teams on the FanDuel Colorado NBA championship odds list, 7 are from the West.

How to Bet on the Denver Nuggets

Pick from one of the many legal sportsbooks operating in the state of Colorado (there are almost two dozen), and then carefully pick out the markets you want to wager in. With their recent launch you can jump on the ESPN BET Colorado promo code right away. If you like the Denver Nuggets but do not love them, use that as part of your wagering strategy as you choose where you want to back them and where you want to tread lightly. There is no shortage of wagering choices.

Top Promos to Use for Nuggets Today

Although there are no promos specific to the Nuggets, you can use any of the new user Colorado sports betting promos to place wagers on Denver. Here are two examples:

  • BetMGM has one of the best offers for the Denver Nuggets or any other NBA team with a first bet up to $1500. Just enter bonus code BETCOMGM and bet up to $1500 to receive that stake back in bonus bets if your first wager ends up a loss. 
  • Similarly, Caesars Sportsbook is offering up to a $1,000 bonus bet to new Colorado customers whose first bet loses. Use the promo code BETCO1000 to get that promotion before the regular season begins.

Existing users will be able to take advantage of bonuses like bet insurance, odds boosts, profit boosts, and more. Whenever the Nuggets are playing, it's always a good idea to check out multiple sportsbooks to see what they are offering that specific day.

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Nuggets 2023-2024 Season

The Nuggets return pretty much the same team that won the NBA Finals in five games, with the biggest departure being Bruce Brown's exit for Indiana in free agency; the biggest addition being Justin Holiday from the Dallas Mavericks. Denver finished last season 53-29, which was only the fourth-best record in the NBA. 

That is because the East was weak and remains that way, while the competition out West most definitely got tougher. Finishing first overall is still the goal, and as we learned with Miami going from a No. 8 seed to the finals, the postseason is a whole different animal. But if the Nuggets stay healthy, their status as defending champs certainly makes team the team to beat.

Denver Nuggets Key Offseason Updates

  • 📆 Oct. 24: The Denver Nuggets opened the 2023-2024 NBA season against the Los Angeles Lakers, winning 119-107 with Nikola Jokic having a triple double: 29-13-11.
  • 📆 Oct. 11: Learned the sad news that Brendan Malone, father of coach Michael Malone, had passed away at age 81.
  • 📆 July 16: Re-signed unrestricted free agent point guard Reggie Jackson, brining him back for his second season in Denver.
  • 📆 July 6: Signed free agent guard Justin Holiday, who will be playing for his 11th NBA team.
  • 📆 June 22: Acquired the rights to forward Julian Strawther, the 29th overall pick, Jaylen Pickett, the 32nd overall pick, and Hunter Tyson, the 40th overall pick, as part of a four-team trade with Indiana, the Lakers and Oklahoma City,

Denver Nuggets Team & Franchise History

  • Nuggets All-Time NBA Finals Record: 1-0
  • Nuggets All-Time Western Conference Finals Record: 1-4
  • Nuggets Western Conference Finals Appearances: 5
  • Nuggets All-Time NBA Playoffs Record: 98-131
  • Nuggets NBA Playoffs Appearances: 29

How Many Times Have the Nuggets Won the NBA Championship?

Last season's NBA championship was the first in franchise history for the Denver Nuggets, making the Nuggets the second of the four former ABA franchises to win a title (the San Antonio Spurs are the other). Denver also played for the final ABA championship in 1976, losing to the New York Nets in six games.

How Many Times Have the Nuggets Made the NBA Finals?

Last season was the first and only time that the Nuggets have played for the NBA championship. They had never even competed in a Game 7 in the Western Conference finals prior to that.

How Many Times Have the Nuggets Made the Playoffs?

If you include their ABA years, the Denver Nuggets have made the NBA playoffs 36 times. As an NBA franchise (following the merger of the two leagues in 1976), they have been to the postseason 29 times.

Denver Nuggets Odds FAQs

Author

Chris Sheridan is a veteran NBA Writer who has been covering the league since 1992, with a specialty in international basketball after being credentialed for every Olympics since 1996-Atlanta. He has been writing in the sports gambling journalism space since PASPA was overturned in 2018, and age 58 he still can drain the 3-pointer and can dunk with the help of a ladder.

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