The Denver Nuggets beat the Heat 94-89 on Monday night to capture their first NBA Championship in team history. While they have continually been one of the West’s best regular season teams, they had established a history of bad playoff losses. That changed in 2023 as they looked like the class of the NBA throughout their run.
Their history of playoff failures was something that NBA betting sites took note of, which is why their odds were set at +1100 entering the playoffs. Those odds were stunning given that Denver was the top seed in the West, and it is likely going to cost US sportsbooks as the Nuggets were a popular bet.
Below we will discuss the Nuggets journey to the playoffs and preview how bookmakers view their chances to repeat next season now that their playoff woes are behind them.