Buy or Sell the Denver Nuggets Win the 2024 NBA Championship?

Zack Cook
Host · Writer
Buy or Sell the Nuggets to Win the 2024 NBA Championship?
The Nuggets remain a real threat among the NBA's elite to win a title for the second straight year. However, does it make sense to back them at their current price of +450? The NBA has only seen teams win back-to-back titles on eight separate occasions, the most recent being the 2012 and 2013 Miami Heat led by LeBron James. The Nuggets have the makeup of a team destined to be great again, but with strong contenders like the Celtics and Clippers, we'll take our odds with the field and shop elsewhere.
Buy or Sell: Sell Nuggets to Win NBA Title at +450
Denver Nuggets (36-19) #4 Seed
It's been a solid start to the regular season for the defending NBA champion Denver Nuggets. Head coach Michael Malone has stated he isn't prioritizing home-court advantage in the postseason, but the Nuggets have a clear advantage in the altitude where they sit at 21-5. It's been a different story on the road, where Denver entered the All-Star break at 15-14. Nikola Jokic has continued to play like an NBA MVP and is the favorite to capture his third in four seasons at -120 on the FanDuel Sportsbook.
The Case For the Nuggets As 2024 NBA Champions
Not much has changed over the last year regarding roster makeup for the defending champs. The Nuggets miss the versatility that Bruce Brown brought to their lineup, but it's not as though his absence will make or break their ability to repeat. As long as Jokic, Jamal Murray, Michael Porter Jr., and Aaron Gordon remain healthy and on the court, the Nuggets remain a serious threat to go back-to-back. Despite what Malone has preached about not prioritizing home-court advantage, one of the biggest reasons the Nuggets ran the table in the West last year was due to being the top seed. It won't hurt their chances to have a solid second half and occupy that advantage again. The Nuggets have what it takes to win it all again.
The Case Against the Nuggets As 2024 NBA Champions
As long as the Nuggets stay healthy, they have the makings of a team that can win multiple NBA titles. The biggest thing against Denver in the West is they've gone from hunter to hunted. Other teams know what the Nuggets are capable of, and multiple teams at the top of the Western standings can win it all this season. Whether you're factoring in the Los Angeles Clippers, Minnesota Timberwolves, or Oklahoma City Thunder, the Nuggets have more competition in a deep Western Conference this year, which could be their downfall.
Denver Nuggets NBA Championship Odds & Insights
Entering action post-All-Star break, the Nuggets boast +450 odds to win the NBA title, second-shortest in the league behind the Boston Celtics (+230). The Nuggets have been drawing interest on the BetMGM Sportsbook to win it all. Looking at the Nuggets championship insights, Denver holds the highest ticket percentage at 14.9%, followed by the largest handle percentage at 24%. This highlights that not only are the Nuggets getting a lot of tickets, but they're also getting bigger money bets on those tickets. The Nuggets are the biggest liability to win it all on the BetMGM Sportsbook.
Buy or Sell the Nuggets to Win the 2024 NBA Championship?
The Nuggets remain a real threat among the NBA's elite to win a title for the second straight year. However, does it make sense to back them at their current price of +450? The NBA has only seen teams win back-to-back titles on eight separate occasions, the most recent being the 2012 and 2013 Miami Heat led by LeBron James. The Nuggets have the makeup of a team destined to be great again, but with strong contenders like the Celtics and Clippers, we'll take our odds with the field and shop elsewhere.
Buy or Sell: Sell Nuggets to Win NBA Title at +450
Denver Nuggets (36-19) #4 Seed
It's been a solid start to the regular season for the defending NBA champion Denver Nuggets. Head coach Michael Malone has stated he isn't prioritizing home-court advantage in the postseason, but the Nuggets have a clear advantage in the altitude where they sit at 21-5. It's been a different story on the road, where Denver entered the All-Star break at 15-14. Nikola Jokic has continued to play like an NBA MVP and is the favorite to capture his third in four seasons at -120 on the FanDuel Sportsbook.
