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Updated NBA Odds: Conference Odds

Feb 20, 2014; Oklahoma City, OK, USA; Oklahoma City Thunder small forward Kevin Durant (35) handles the ball against Miami Heat small forward LeBron James (6) during the second quarter at Chesapeake Energy Arena. Mandatory Credit: Mark D. Smith-USA TODAY Sports
Feb 20, 2014; Oklahoma City, OK, USA; Oklahoma City Thunder small forward Kevin Durant (35) handles the ball against Miami Heat small forward LeBron James (6) during the second quarter at Chesapeake Energy Arena. Mandatory Credit: Mark D. Smith-USA TODAY Sports /
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Feb 20, 2014; Oklahoma City, OK, USA; Oklahoma City Thunder small forward Kevin Durant (35) handles the ball against Miami Heat small forward LeBron James (6) during the second quarter at Chesapeake Energy Arena. Mandatory Credit: Mark D. Smith-USA TODAY Sports
Feb 20, 2014; Oklahoma City, OK, USA; Oklahoma City Thunder small forward Kevin Durant (35) handles the ball against Miami Heat small forward LeBron James (6) during the second quarter at Chesapeake Energy Arena. Mandatory Credit: Mark D. Smith-USA TODAY Sports /

Now that the NBA season is winding down and we are getting closer and closer to the playoffs, our friends over at Bovada have sent us their latest odds.

In what should come as no surprise, the Miami Heat and Oklahoma City Thunder remain the favorite to win the Eastern and Western Conferences while the Indiana Pacers are right behind the Heat and the San Antonio Spurs are on the Thunder’s heels.

The Pacers are a league-best 46-13 while the Heat are 43-14. The Thunder lead the Western Conference with a record of 45-15 and the Spurs are 43-16.

The Los Angeles Clippers now have the third-best odds to win the Western Conference. They have added a couple of key pieces in power forward Glen “Big Baby” Davis, who was bought out by the Orlando Magic, and Danny Granger, who was bought out by the Philadelphia 76ers after being traded by the Indiana Pacers.

The red-hot Chicago Bulls, who were left for dead earlier this season, now have the third-best odds to win the Eastern Conference.

Odds to win 2014 NBA Eastern Conference

Miami Heat

10/13

Indiana Pacers

11/10

Chicago Bulls

25/1

Toronto Raptors                        28/1

Brooklyn Nets                           33/1

Washington Wizards                  50/1

Atlanta Hawks

100/1

New York Knicks                       100/1

Cleveland Cavaliers                   125/1

Detroit Pistons

125/1

Charlotte Bobcats                     200/1

Boston Celtics

400/1

Odds to win 2014 NBA Western Conference

Oklahoma City Thunder              5/4

San Antonio Spurs                    9/2

Los Angeles Clippers                11/2

Houston Rockets                      15/2

Golden State Warriors               9/1

Portland Trailblazers                  9/1

Memphis Grizzlies                     28/1

Dallas Mavericks

33/1

Phoenix Suns

40/1

Minnesota Timberwolves            100/1