Cleveland Cavaliers Odds

Cleveland Cavaliers 2023-24 Season

he Cleveland Cavaliers enter the 2023-2024 NBA season with optimism after showing promise in the previous year. While they faced playoff disappointment in the 2022-23 season, the Cavaliers have made moves to address roster concerns. The preseason has provided a glimpse into their potential, generating anticipation among fans.

Key acquisitions and the continued development of their young core, including Darius Garland and Evan Mobley, give reason for hope. The Cavaliers aim to make a deeper postseason run, and their preseason performances suggest they have the tools to compete effectively.

With a renewed focus on building a competitive team, Cleveland looks to improve its standing in the Eastern Conference and contend for a playoff spot. The season ahead holds the promise of exciting basketball and the potential for the Cavaliers to make significant strides in their quest for success.

Betting on the Cleveland Cavaliers

The Cleveland Cavaliers are way ahead of their rebuild schedule, and are challenging for the East this year. Here are the most popular bet types for wagering on the Cavaliers through the rest of the season.

• Moneyline
• Point Spread
• Over/Under
• Props
• Futures Odds

Cavaliers Moneyline

A moneyline bet requires a bettor to correctly pick the winner of the game. If you pick the winner of the game correctly, you will win the bet. How much you win will be determined by your wager amount and the associated moneyline for the team you bet on. Here's an example using a recent Cavaliers game against the Hawks.

• Hawks -136 moneyline
• Cavaliers +114 moneyline

Atlanta is the team favored to win this game, which is indicated by the minus sign (-) next to their moneyline. Cleveland is the underdog denoted by the plus sign (+) next to their moneyline. The moneyline number signifies the potential payout for each team. Someone betting on Atlanta would have to bet $136 to win $100 whereas a bettor would win $114 with a wager of $100 on Cleveland.

Cavaliers Spread

Users can also place a point spread wager on the Cleveland Cavaliers. This requires a bettor to correctly select the margin of victory by a particular team, rather than simply who wins. Here's the same Cavaliers vs. Hawks matchup as an example.

• Hawks -1.5 (-112)
• Cavaliers +1.5 (-118)

Oddsmakers set a margin of victory total known as the spread. In this game, Atlanta has to win by 2 or more points to beat this spread and Cleveland either has to win the game outright or lose by 1 point to beat the spread. Point spreads also have an additional element known as juice, or the vig, which is the tax paid to the sportsbook for each bet. The juice is indicated next to the point spread. This number is used to determine a wager payout. For a bet on the Hawks, a bettor would earn a profit of $100 for every $112 risked. Someone betting on Cleveland would earn a profit of $100 for every $118 risked.

Cavaliers Over/Unders

Betting on over/under totals looks at the cumulative final score between two teams, not the winner or loser of the game. Bettors are required to accurately predict if the teams combine higher or lower than a number set by oddsmakers. Oddsmakers set the over/under total for Cavaliers vs. Hawks at 221.5 points.

• Over 221.5 points (-109)
• Under 221.5 points (-108)

Again, juice or vig comes into play with over/unders. Betting over 221.5 points means in this case that a bettor would have to wager $109 to earn $100. Betting under 221.5 points would mean a bettors would earn $100 for every $108 risked.

Cavaliers Prop Bets

For betters who want to wager on individual players, prop bets are a great alternative to game outcomes. Oddsmakers will also set lines on player statistics. Bettors then have the opportunity to guess whether those players will go over or under the set line to win money. Some popular prop bets include how many points a player will score, who will score first, how many rebounds a player gets, and many more.

Cavaliers Future Odds

Futures are bets that focus on long term outcomes, like the Cavaliers to make the playoffs, win the Central Division, win the Eastern Conference, win the NBA Finals, or even individual awards.

How to Bet on the Cleveland Cavaliers

Legal Ohio sports betting went live on Jan. 1, 2023. If you want to wager on the Cavaliers in the 2023-24 season, here are a few great sportsbook options:

BetMGM Sportsbook

BetMGM offers new and veteran bettors alike a terrific betting experience with a simple and sleek desktop and mobile design. Read our BetMGM Sportsbook review for more information about our BetMGM bonus code and instructions on how to sign up.

Caesars Sportsbook

Another great option for new sports bettors is Caesars Sportsbook. Read our Caesars review for more information about our Ceasars Sportsbook promo code and instructions on how to sign up.