NBA Cup Odds 2024: Celtics Begin as Favorites

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Jayson Tatum #0 of the Boston Celtics in action against the New York Knicks at Madison Square Garden on October 25, 2023 in New York City. The Celtics defeated the Knicks 108-104.
Jim McIsaac/Getty Images
Shane Jackson @Sjacksonmgm Nov 05, 2024, 11:48 AM
  • The Boston Celtics are +400 favorites to win this yearโ€™s NBA Cup.
  • The Lakers won the leagueโ€™s first in-season tournament last year.

The NBAโ€™s first attempt at an in-season tournament was a smashing success during the 2023-24 campaign.

Regular-season games in November seemed more meaningful, with players motivated by the prize pool and trophy. The Los Angeles Lakers won the inaugural In-Season Tournament, besting the Indiana Pacers in the championship game in Las Vegas.

The event has been rebranded as the Emirates NBA Cup for 2024, but it will look similar. Teams will begin group play on Nov. 12, trying to notch a spot in the quarterfinals. The event will culminate with the NBA Cup Championship on Dec. 17.

Here is a look at the latest NBA Cup odds at the online sportsbook entering this yearโ€™s event:

Odds to Win NBA Cup 2024

TeamOdds
Celtics+400
Thunder+600
Knicks+800
Cavaliers+900
Timberwolves+1100
Nuggets+1600
Mavericks+1600
Bucks+1800
Lakers+1800
Suns+2000
Pacers+2500
Warriors+2500
76ers+3000
Kings+3000
Rockets+3500
Heat+5000
Magic+6000
Grizzlies+6000
Clippers+6600
Pelicans+10000
Hawks+10000
Spurs+10000
Pistons+25000
Raptors+30000
Bulls+30000
Hornets+30000
Jazz+30000
Nets+30000
Wizards+30000
Trail Blazers+30000

NBA Cup Odds & Betting Favorites 2024

Like the NBA Championship odds, the Boston Celtics are the betting favorites in the NBA Cup market. The difference is that the Celtics won the NBA championship last year while coming up short in the IST.

In last year’s event, Boston advanced to the East quarterfinals, but lost to the Pacers 122-112. That prevented the Celtics from visiting Las Vegas, where the semifinals and championship game occur.

As the best team in basketball, the Celtics deserve to be favorites for any NBA betting market. They are also in a favorable pool, with the Cleveland Cavaliers expected to be their primary challenger.

That said, with big man Kristaps Porziล†ฤฃis expected to be sidelined to start the year, Iโ€™m passing on the Celtics as betting favorites to win the NBA Cup.

NBA Cup Prediction: Who Will Win In-Season Tournament?

Nobody expected the Lakers or Pacers to reach the championship game in last yearโ€™s event, let alone win the whole thing. But thatโ€™s the beauty of the NBA Cup. Anything can happen in single-elimination basketball.

As a result, I prefer targeting a team further down the basketball lines market for my favorite bet early in the season.

The Phoenix Suns stand out to me as the best value at +2000.

The Oklahoma City Thunder are favorites in Phoenixโ€™s group, but the Suns project to be better than the other three teams: Lakers, Jazz, and Spurs.

Phoenix reached the quarterfinals last year before losing by three points to the Lakers. But as mentioned in my Suns betting preview, I like this team even more this season.

Mike Budenholzer has replaced Frank Vogel as head coach, which should lead to a better shot diet for the Sunsโ€™ offense. They also have a better point guard plan between Monte Morris and Tyus Jones.

The Suns are worth a look in most NBA odds markets, as they are being overlooked this year. This is one of the many ways to bet on a bounce-back campaign.

NBA Cup Schedule 2024

The 2024 NBA Cup will begin with group play on Nov. 12. Group play games will occur every Tuesday and Friday from Nov. 12 through Dec. 3.

The quarterfinals will be held on Dec. 10 and Dec. 11, with the higher seed hosting that single-elimination game.

The semifinals (Dec. 14) and championship game (Dec. 17) will be held at T-Mobile Arena in Las Vegas.

NBA Cup Groups

West Group A

  • Minnesota Timberwolves
  • Los Angeles Clippers
  • Sacramento Kings
  • Houston Rockets
  • Portland Trail Blazers

West Group B

  • Oklahoma City Thunder
  • Phoenix Suns
  • Los Angeles Lakers
  • Utah Jazz
  • San Antonio Spurs

West Group C

  • Denver Nuggets
  • Dallas Mavericks
  • New Orleans Pelicans
  • Golden State Warriors
  • Memphis Grizzlies

East Group A

  • New York Knicks
  • Orlando Magic
  • Philadelphia 76ers
  • Brooklyn Nets
  • Charlotte Hornets

East Group B

  • Milwaukee Bucks
  • Indiana Pacers
  • Miami Heat
  • Toronto Raptors
  • Detroit Pistons

East Group C

  • Boston Celtics
  • Cleveland Cavaliers
  • Chicago Bulls
  • Atlanta Hawks
  • Washington Wizards

Live NBA Betting at BetMGM

At the BetMGM sportsbook, you have access to updated NBA odds throughout the season, including live sports betting.

Whether you’re looking for NBA betting lines, over/under totals, or prop bets, there are endless opportunities to bet online.

If you don’t have a sportsbook account, sign up for the BetMGM welcome promo, one of many sportsbook offers at BetMGM.

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About the Author

Shane Jackson

Read More @Sjacksonmgm

Shane Jackson is a Web Content Writer for BetMGM, covering MLB and NBA. After graduating from the University of Kansas, his previous stops include MLB.com, Lawrence Journal-World, Manhattan Mercury, Bet Chicago Sports, WynnBET, and Sportsbook Review.

Shane Jackson is a Web Content Writer for BetMGM, covering MLB and NBA. After graduating from the University of Kansas, his previous stops include MLB.com, Lawrence Journal-World, Manhattan Mercury, Bet Chicago Sports, WynnBET, and Sportsbook Review.