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2023 NBA Playoffs betting trends for Eastern and Western Conference Finals - ESPN

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The 2023 postseason has been one of the most unpredictable playoffs in recent memory. The Heat, Nuggets and Lakers all pulled off series upsets in the Conference Semifinals.

The six series upsets so far this postseason are the most through two rounds in over 35 seasons according to SportsOddsHistory.com.

However, the Conference Finals have typically yielded expected results. Favorites are 18-2 in Conference Finals series in the past ten seasons.

The two upsets were by the 2020 Miami Heat (+110 vs Boston Celtics) and 2019 Toronto Raptors (+230 vs Milwaukee Bucks). A Heat upset (+400) would be the largest Conference Finals upset since 2009 when the Orlando Magic (+550) beat the Cleveland Cavaliers.

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