NBA Southeast Division Odds: Heat Favored to Win Their Third Straight Division Title

Skyler Carlin
Skyler Carlin@skyler_carlin
NBA Southeast Division Odds: Heat Favored to Win Their Third Straight Division Title

The NBA All-Star break has concluded, so the final stretch of 2023-2024 campaign is set to take place in the coming months. Division winners will be decided across the league before the playoffs begin, and the Southeast Division is one that could be a tight race until the end.

Each team in the Southeast Division has played at least 54 games, with the Miami Heat and Orlando Magic boasting the best records. The Atlanta Hawks are looking to mount a late-season push for the division crown while the Charlotte Hornets and Washington Wizards have a near-zero chance of catching the other teams.

With the regular season scheduled to pick back up again soon, here are the Southeast Division odds on FanDuel Sportsbook.

NBA Southeast Division Odds

These are the three teams who have available odds to win the Southeast Division followed by a breakdown for each one.

Southeast Division Winner Odds
Miami Heat-160
Orlando Magic+110
Atlanta Hawks+9500

Miami Heat (-160)

The Heat are sitting atop the Southeast Division with a 30-25 record, which is good enough for the No. 7 seed in the Eastern Conference. The last time we took a look at the odds for the Southeast Division, Miami had -145 odds to win their fourth division title in the last five seasons.

Injuries have been a common theme for the Heat this season as their trio of Jimmy Butler, Bam Adebayo, and Tyler Herro have missed a combined 48 games. Even Terry Rozier -- who the team acquired ahead of the trade deadline -- has recently missed games due to a sprained knee.

Despite all of the injuries, the Heat are on a two-game winning streak by defeating the Milwaukee Bucks and Philadelphia 76ers before the All-Star break. While the Heat are logging the eighth-best defensive rating in the NBA (113.0), they are also recording the ninth-worst offensive rating (113.3).

Miami is technically tied with Orlando with a 30-25 record, but the Heat are 11-2 against divisional opponents compared to the Magic being 6-5 within the division. Given the fact that the Heat are also 3-1 against the Magic, they are in a prime spot to win the Southeast Division for the third straight year.

Orlando Magic (+110)

Upon exiting All-Star weekend, the Magic are already approaching their win total from last season. Orlando is registering a 30-25 record through its first 55 contests, putting the Magic on track to win their most games in a season since the 2018-2019 campaign when they tallied a 42-40 record.

The growth and development of both Paolo Banchero (23.0 PPG) and Franz Wagner (21.1 PPG) have been instrumental to Orlando's success. Seeing that the Magic have the fifth-best defensive rating (112.0) and the seventh-worst offensive rating (113.0) in the Association, they are built somewhat similarly to the Heat.

The major difference between the two Florida teams is the fact that Miami has a ton of players with valuable playoff experience. Of the usual starters on the Magic, Markelle Fultz is the only player that was on the roster during their last postseason appearance in the 2019-2020 season.

The positive news for Orlando is it has posted a 7-3 record in its last 10 games. For the Magic to have any chance of dethroning the Heat in the Southeast Division, they'll need to avoid a tie-breaker situation due to being 1-3 against them in head-to-head meetings.

Atlanta Hawks (+9500)

While the season isn't over yet, it's safe to say the Hawks haven't lived up to expectations thus far. After going 41-41 a season ago and being bounced in the first round of the playoffs, Atlanta is 24-31 coming out of the All-Star break.

Despite Trae Young averaging 26.7 points and a career-best 10.9 assists per game, the Hawks just can't seem to put it all together consistently. Even with Atlanta having the 10th-best offensive rating (117.6), it is all for naught as it has the second-worst defensive rating (120.0) in the league.

Before All-Star weekend, the Hawks suffered two terrible losses to the Chicago Bulls and the Hornets. At the moment, Atlanta is 14-23 against conference opponents and 6-6 when facing teams in the Southeast Division.

All that being said, the Hawks are only six games behind the Heat and the Magic in the division race. It is going to be an uphill battle for Atlanta to make things interesting down the stretch, but it certainly has the talent to win games if everyone on the roster can get on the same page.

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The above author is a FanDuel employee and is not eligible to compete in public daily fantasy contests or place sports betting wagers on FanDuel. The advice provided by the author does not necessarily represent the views of FanDuel. Taking the author's advice will not guarantee a successful outcome. You should use your own judgment when participating in daily fantasy contests or placing sports wagers.