Cleveland Cavaliers vs Orlando Magic Betting Odds

NBA Playoffs 2024: Cavaliers vs Magic First Round Preview, Betting Odds

Donovan Mitchell and the Cleveland Cavaliers take on Paolo Banchero and his Orlando Magic in the first round of the NBA Playoffs. After the teams split their season series 2-2, there's all to play for as the playoffs tip off. Can Orlando win their first playoff series since the Dwight Howard era?

Let's dive into all the NBA odds and find out.

2024 NBA Playoff Previews

(Related Link) NBA Playoff Betting History: Key Trends, Tips

Cleveland Cavaliers vs Orlando Magic Series Winner Odds

Cleveland Cavaliers-205
Orlando Magic+164

After bowing out in five games to the New York Knicks in last year's playoffs, Cleveland enters this series as a heavy -205 favorite over the Orlando Magic.

Meanwhile the Magic make their first playoff appearance since 2019-20. They've won just two total postseason games over the last decade and will be looking for their first series victory since 2009-10.

Cleveland Cavaliers vs Orlando Magic Hub

Cavaliers vs Magic Series Schedule

GameDateTime (ET)Arena
Game 1April 20, 20241 p.m.Rocket Mortgage Fieldhouse
Game 2April 22, 20247 p.m.Rocket Mortgage Fieldhouse
Game 3April 25, 20247 p.m.KIA Center
Game 4April 27, 20241 p.m.KIA Center
Game 5 (If Necessary)April 30, 2024TBDRocket Mortgage Fieldhouse
Game 6 (If Necessary)May 3, 2024TBDKIA Center
Game 7 (If Necessary)May 5, 2024TBDRocket Mortgage Fieldhouse

cleveland Cavaliers vs Orlando Magic Series Total Games Odds

Total GamesOdds
4 Games+470
5 Games+220
6 Games+200
7 Games+230

This marks the first ever playoff matchup between the Cavaliers and Magic. Oddsmakers currently have this series ending in six games.

Cleveland Cavaliers vs Orlando Magic Series Prediction Odds

Series OutcomeOdds
Cleveland Cavaliers 4-0+700
Cleveland Cavaliers 4-1+340
Cleveland Cavaliers 4-2+480
Cleveland Cavaliers 4-3+410
Orlando Magic 4-0+1700
Orlando Magic 4-1+1000
Orlando Magic 4-2+500
Orlando Magic 4-3+800

Sportsbooks believe the Cavaliers will take down the Magic in either five or seven games. Intriguingly, the odds for each team to emerge victorious in six contests are about even. Considering the Cavs are -205 favorites to win the series, that's a very strange line. 

Oddsmakers seem to be hedging - pointing towards the value on the underdog Magic.

Cleveland Cavaliers vs Orlando Magic 2023-24 Spread and Total Betting History 

DateSpread & Score ResultTotal Points & Result
December 6, 2023Orlando 111 @ Cleveland 121 (-4.5) Cavs CoverO/U 225  (232 OVER)
December 11, 2023Cleveland 94 @ Orlando 104 (-2.5)  Magic CoverO/U 225.5 (198 UNDER)
January 22, 2024Cleveland (-2.5) 126 @ Orlando 99  Cavs CoverO/U 215 (225 OVER)
February 22, 2024Orlando 116 @ Cleveland 109 (-5) Magic CoverO/U 214.5 (225 OVER)

There's few discernible trends here. Cleveland and Orlando each covered the spread twice this year, with the winning team covering in each contest.

Further pushing the narrative that the young Magic hold their own against Cleveland, Orlando is 11-9 SU over their past 20 games against the Cavs. On top of that, the Magic finished the season an outstanding 51-31 ATS.

Cleveland Cavaliers vs Orlando Magic Top Scorer Odds

Donovan MitchellCleveland Cavaliers-210
Paulo BancheroOrlando Magic+300
Franz WagnerOrlando Magic+1200
Darius GarlandCleveland Cavaliers+1500
Evan MobleyCleveland Cavaliers+6500
Jarrett AllenCleveland Cavaliers+6500
Max StrusCleveland Cavaliers+10000
Caris LevertCleveland Cavaliers+10000

There's value on Banchero here at +300. If you believe in the Magic, getting Banchero at these odds is a great bet. The first time all-star averaged 22.6 points per game on 45% shooting on the year and has shown he's more than capable of taking over games for his team.

Cleveland Cavaliers Player To Watch: Donovan Mitchell


As the Cavaliers greatest offensive force, Mitchell is undoubtedly the player to watch in this series.

The rugged Magic defense, including likely defensive first-team guard Jalen Suggs, will be focused on shutting Mitchell down. He dropped 35 against the Magic in December but has struggled down the stretch after suffering a bone bruise in his left knee. If Mitchell is anything less than 100% in this series, the Cavs will struggle to put up points.

Orlando Magic Player To Watch: Paolo Banchero


Former first overall pick Paolo Banchero has become an all-star in just his second NBA campaign.

He's the type of dangerous down hill bowling ball capable of bashing his way into the rim at any moment. Banchero's size and jumper remind some of Carmelo Anthony. The Magic will need everything their star sophomore can give them to win their first playoff series in 15 seasons.

Cleveland Cavaliers vs Orlando Magic Odds To Win Eastern Conference

TeamOdds To Win East
Cleveland Cavaliers+1600
Orlando Magic+6000

I'm not throwing away money on either of these teams to defeat some combination of the Boston Celtics, Milwaukee Bucks, and Philadelphia 76ers and emerge victorious from the Eastern Conference. Something truly special would have to occur for one of the Cavs or Magic to take down the much more talented and experienced Eastern Conference contenders.

Odds To Win NBA Championship

TeamOdds To Win NBA Finals
Cleveland Cavaliers+4900
Orlando Magic+16000

As evidence by their long odds, neither one of these teams is expected to challenge for the NBA Championship this season.

Expert Prediction: Orlando Magic +164, Orlando Magic win series 4-2 (+500)

I'm hopping on the Orlando Magic train. The Magic lineup of Banchero, Wendell Carter Jr., Franz Wagner, Jalen Suggs and Gary Harris generated at +12.5 net rating per 100 possessions while sharing the floor. That number far exceeds the any setup the Cavaliers can throw out there.

On top of that, Mitchell has been uncharacteristically shaky since the All-Star break, shooting under 34% on pull up threes and failing to attack the rim with his usual gusto. I like the Magic's third-ranked defense (110.8 points given up per 100 possessions) to give the stuggling Cavaliers fits. Bet on Orlando to pull off the upset.

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