2023-24 NBA Southeast Division Futures Odds

This division futures odds guide has the latest odds to win the NBA Southeast Division. Building on our NBA Futures Odds and Eastern Conference futures tutorials, you’ll learn how to place a Southeast division futures bet. This guide also features the best sports betting sites where you can legally place NBA bets in your jurisdiction.

Futures odds will update throughout the season, so be sure to bookmark this page and come back as the season progresses towards the NBA playoffs in the spring.


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Table of Contents

  1. Southeast Division Futures Odds
  2. Southeast Division Contenders
  3. What are NBA Futures?
  4. How to Bet
  5. Other NBA Futures Bets
  6. When to Bet
  7. Southeast Division Teams
  8. Southeast Division Standings
  9. Southeast Division Futures FAQs

Southeast Division Futures Odds

The following are the latest odds to win the NBA Southeast Division. The team with the best win-loss record is named winner of the Southeast division, subject to NBA tiebreaking rules.

It’s important to note that playoff seeding is based on conference standings. Therefore, it’s entirely possible a team could win their division and still not get an automatic playoff berth, or need to participate in the play-in tournament.

2023-24 Southeast Division Odds

Team
BetMGM Sports Betting BetMGM BetRivers Sports Betting BetRivers
Magic
-400
Bet
-335
Bet
Heat
+320
Bet
+225
Bet

Southeast Division Contenders

Last season, the Miami Heat won just 44 games and won the Southeast Division, but Jimmy Butler and company still had to battle through the Play-In Tournament. Miami was a tremendous underdog throughout the postseason last year, but Erik Spoelstra’s squad is the favorite for the division heading into this season. Trae Young’s Hawks seem to be the other team that has an opportunity to take the division. They beat the Heat in their Play-In matchup, but fell in the first round. It should be an interesting battle for the division this year.

Miami Heat

Damian Lillard was supposed to take his talents to South Beach during the offseason, but he went from Portland to Milwaukee. Also, Miami no longer has Victor Oladipo, Max Strus, or Gabe Vincent. Can the return of Josh Richardson and the addition of Thomas Bryant, along with rookie Jaime Jaquez Jr., be enough to help the Heat to the team’s third consecutive division title? It should not be easy, but Butler should be ready for the task.

How NBA Teams Make the Playoffs

A total of eight teams from each conference participate in the NBA playoffs. The top-six teams from each conference get automatic playoff berths and are seeded #1-#6 based on their conference win-loss records. A play-in tournament determines each conference’s #7 and #8 seeds.

Teams ranked 7-10 compete against each other to decide the final two playoff entries. The winner of the game between the 7th and 8th ranked teams gets the #7 seed. The winner of game between the 9th and 10th ranked team plays the loser of the 7th and 8th game to determine which team gets the #8 seed.

Once each conference has its 8 seeds, the NBA playoffs begin with first round. Winning teams progress to the conference semifinals, and then to the conference finals. The Eastern and Western Conference winners then play in the NBA Finals to crown the season’s NBA Champion.

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What are NBA Futures Bets?

A futures bet is placed on the outcome of a distant NBA event. Your bet wins if you chose the correct outcome. You may bet on more than one outcome at once, however the odds for each outcome will likely differ depending on each selection.

Popular NBA futures bets include odds to win the NBA Finals, Eastern and Western Conference winners, and each division winner. Additionally, sports betting sites will have odds to win player awards like the NBA MVP award.

You can place a futures bet up to any point before the actual event begins or the player award is announced. Odds will vary as the season progresses. A team with a strong winning record will gradually become a favorite to win their conference and possibly the NBA Finals. On the other hand, an underperforming player will gradually become a long shot underdog to win the NBA MVP award.

NBA futures odds offer sports bettors two opportunities. One, the chance to bet on a distant event with a potentially higher payoff than any single game bet. Two, insight into which teams or players are likely to come out on top by the end of the season. Whether you actually bet the future or not, the changing odds are a useful datapoint to sharpen your basketball handicapping as the season progresses.

How to Bet Southeast Division Futures

Time needed: 1 minute

How to place a Southeast Division futures bet

  1. Review odds for the NBA’s upcoming events

    Review futures odds for the NBA’s upcoming events. Popular events include the NBA Championship, conference and division winners. Also review odds to win player awards.

  2. Each outcome has moneyline odds

    Each outcome will have moneyline odds at American sports betting sites. Minus values indicate how much you risk to win $100. Plus values indicate how much you win if you risk $100.

  3. Make your selection and place your bet

    Make one or more selections and bet your desired amount.

  4. You may place one or more futures bets on the same event

    You can place multiple bets on the same event at once or at different times. Simply choose a different outcome and place another wager.

  5. Your bet wins if you picked the correct outcome

    Your bet wins if you picked the correct outcome. Review your sportsbook’s rules to see when a futures bet can be cancelled.

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NBA Futures Bets

The following are the most popular NBA futures bets. These bets are the most commonly placed by recreational and professional bettors alike. Use the odds to guide your handicapping throughout the season.

When to Bet Southeast Division Futures

Like futures for other sports, there’s an art and science to betting NBA futures. The trick is to properly time your bet. You don’t want to bet too early without knowing much about how your team or player will perform. But you also don’t want to bet so late that your selection is an obvious winner with a small return.

The Southeast Division team with the best record is named division winner, subject to NBA tiebreaking rules. Unlike most futures events based on the outcome of a particular game or series of games, the result of a division futures bet is determined by a team’s season performance.

Therefore, you don’t necessarily want to place a bet early in the season, when you have little in the way of team and player performance trends to guide your handicapping. Instead, we suggest waiting until January – and no later than the February All-Star weekend – to place this bet. Be sure to monitor the odds throughout the season with the aim of placing a strategic bet at the right time.

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Division Futures Betting Strategies

Betting NBA division futures is a smarter and less risky alternative to the conference winner or NBA Finals futures.

First, identify one or two divisions with favorable betting odds. Divisions with an obvious winner don’t necessarily offer the best value. Instead, focus on divisions that have at least 1-2 likely contenders. Specifically, look for teams with mispriced odds, meaning those that oddsmakers consider bigger underdogs than your own handicapping suggests. Bets on these teams will offer better value.

Second, eliminate the least likely teams from consideration. Most NBA divisions have 2 dominant teams likely to win the division. Focus on these teams and ignore the longshots, particularly those that start the season as big underdogs. Then, carefully monitor their progress throughout the first third to half of the season.

Third, review each team’s schedule, particularly games in the latter part of the season. Results from January and February games could make or break a team’s chances of winning their division. Know whether your teams are likely to win or lose late-season games. Not all schedules are created equal.

Fourth, assess the health of each team’s key players. Will the team’s starting five and top substitutes be in good shape to finish out the season? Are the team’s leading scorers likely to maintain their form? Does the team have enough depth to balance any injured starters? When top players get injured, and the team doesn’t have a deep bench, odds to win their division will quickly move to underdog status.

Tiebreaking Rules Matter

Finally, understand how NBA tiebreaking procedures determine which team wins each division. When two teams have identical records, the NBA goes to tiebreakers. Though not a likely contingency, you should keep the first couple playoff tiebreaker rules in the back of your head as you size up the odds. This is particularly important when two or more teams are neck and neck headed into the final games of the season.


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Southeast Division Teams

The following pages have each Southeast Division team’s betting odds to win the NBA Championship, Eastern Conference, and their respective division. You can also review each team’s season win total odds and their current and past standings.

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Southeast Division Standings

Review current and past Southeast Division standings for each team.



2023-2024 NBA Regular Season Eastern Conference Southeast Division Standings
Team W L Pct GB Home Away Div Conf PPG Op. PPG Diff Strk L10
y - Orlando Magic47350.5730.029-1218-239-732-20110.5108.5+2.0W15-5
xp - Miami Heat46360.561+1.022-1924-1713-332-20110.1108.4+1.7W27-3
pb - Atlanta Hawks36460.439+11.021-2015-268-822-30118.3120.5-2.2L63-7
e - Charlotte Hornets21610.256+26.011-3010-316-1014-38106.6116.8-10.2W13-7
e - Washington Wizards15670.183+32.07-348-334-1211-41113.7123.0-9.3L61-9

Southeast Division Winner Futures FAQs

What is a Southeast Division winner futures bet?

A Southeast Division winner futures bet is placed on the outcome of the Southeast division. Your bet wins if the team you chose wins the division, subject NBA tiebreaking procedures. You may bet on more than one outcome at once, however the odds for each outcome will likely differ depending on each selection.

What do Southeast Division winner futures odds numbers mean?

Minus values indicate how much you risk to win $100. Selections with a minus value are considered strong favorites. Plus values indicate how much you win if you risk $100. Selections with plus values are considered underdogs. A selection with the lowest plus odds value among a market with no minus value favorite would be considered a modest underdog to win.

When is the best time to place a Southeast Division futures bet?

Like futures for other sports, there’s an art and science to betting NBA futures. The trick is to properly time your bet. You don’t want to bet too early without knowing much about how your team or player will perform. But you also don’t want to bet so late that your selection is an obvious winner with a small return.

NBA Betting Resources

  • NBA Betting Guide – Learn how to bet on the NBA with point spreads, totals, moneylines, and exotic bets like parlays, teasers, prop bets and futures.
  • NBA Betting Sites – Hoops there it is! Dive into our list of highly recommended NBA betting sites just in time for the next big game.
  • NBA Odds – Latest odds for upcoming NBA matchups, including team NBA finals, conference, and division futures.
  • NBA Prop Bets – Learn how to bet NBA props. We also have prop betting lines and odds for upcoming NBA matchups.
  • NBA Underdogs – Review underdogs point spread and moneyline betting opportunities for upcoming NBA matchups.
  • NBA Futures Odds – Review odds for popular NBA futures events, including the NBA Championship, Eastern and Western conference winners, division winners, regular season MVP award, and other player awards.
  • NBA Win Total Odds – Review regular season win total lines and odds for each team. Remember to place you bet before each team’s first game of the regular season.
  • Undefeated NBA Teams – See which teams are still undefeated in the current regular season.
  • NBA Championship Betting – We explain the best bets for the NBA finals, plus you can see the latest NBA Finals futures.
  • Eastern Conference Win Totals – Season win totals for every NBA Eastern Conference team.
  • Western Conference Win Totals – Win totals for every Western Conference NBA team.
  • Halftime Middling – Learn how to make a bet a halftime that can’t lose. We explain how halftime middling can work for NBA and college basketball games.
  • Five-Game Rolling Average – Use a team’s five game rolling average stats to sharpen up your handicap analyses and making winning NBA bets.
  • NBA Team Betting Odds – Latest odds for each NBA team, including upcoming matchups, futures, and season specials.