Currently listed at +28000 to win the NBA Championship, the Miami Heat are a deep sleeper in the futures market with a 0.4% implied chance.
After opening at +3680, the Miami Heat have drifted to +28000, a 86.5% decline in implied probability. The market's confidence has cooled since the season began.
Despite going 3-7 recently, the Miami Heat futures remain at +28000 — the market is watching to see if the slump continues.
Bettors shopping for the best Miami Heat price should look at FanDuel, currently offering +40000 — significantly better than BetMGM at +25000. That's a meaningful gap worth capturing.
This season, the Miami Heat reached their peak market valuation at +220 on Jun 5 and touched their lowest point at +21200 on Apr 13.
This Miami Heat odds tracker is your single source for 2022-23 nba championship futures odds. The chart above shows the full odds history — how Miami Heat title odds have moved day by day — giving you a complete picture of the market's view on their championship chances.