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NBA 3-Point Contest Odds, Predictions, Contestants for 2024

Sascha Paruk

by Sascha Paruk in NBA Basketball

Updated Feb 17, 2024 · 6:47 AM PST

Damian Lillard competes in the 2023 Three-Point Contest
Feb 18, 2023; Salt Lake City, UT, USA; Portland Trail Blazers guard Damian Lillard competes in the 3-Point Contest during the 2023 All Star Saturday Night at Vivint Arena. Mandatory Credit: Kyle Terada-USA TODAY Sports
  • The 2024 NBA 3-Point Contest takes place Saturday, Feb. 17, at Gainbridge Fieldhouse in Indianapolis
  • Hometown hero Tyrese Haliburton is among the favorites, just behind reigning-winner Damian Lillard
  • See the odds to win the 2024 NBA Three-Point Contest for all eight competitors plus best bets

This Saturday, eight of the NBA’s top sharpshooters will head to Gainbridge Fieldhouse in Indianapolis for the annual 3-Point Contest. Two former winners are among the eight men competing (Damian Lillard, 2023; Karl-Anthony Towns, 2022) and its the reigning-champion, Lillard, who has been positioned as the +370 betting favorite for the 2024 edition.

Following closely behind Lillard in the NBA 3-Point Contest odds is hometown hero Tyrese Haliburton (+440) of the Indiana Pacers and Atlanta Hawks guard Trae Young (+550).

Three-Point Contest Odds 2024

Player Odds
Damian Lillard +370
Tyrese Haliburton +440
Trae Young +550
Malik Beasley +650
Jalen Brunson +700
Karl-Anthony Towns +700
Lauri Markkanen +800
Donovan Mitchell +950

Rounding out the field are the Bucks’ Malik Beasley (+650), the Knicks’ Jalen Brunson (+700), the T-Wolves’ Karl-Anthony Towns (+700), the Jazz’s Lauri Markkanen (+800), and the Cavs’ Donovan Mitchell (+950).

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Odds as of Feb. 15, 2024, on the FanDuel app. Claim a huge bonus for FanDuel before placing your wagers on the 2024 NBA All-Star weekend. 

The All-Star festivities start at 8:00 pm ET/5:00 pm PT on Saturday. The 3-Point Contest will be the second event after the Skills Challenge.

As of Friday, the betting splits on the 3-point contest saw Haliburton getting the most action from the public at DraftKings (29%) of handle, followed by Lillard (16%) and Young (13%).

Donovan Mitchell

Mitchell has competed in the 3-Point Contest once before, back in 2021. He put in a decent first-round performance with 22 points, but narrowly missed qualifying for the three-player finals. Jump to the 5:20 mark in the video below to see Mitchell’s only previous three-point contest performance.

YouTube video

Mitchell (+950) has the longest odds on the board largely because he’s never been a phenomenal three-point shooter over his seven-year career. Lifetime, he connects at 36.5% from three and, this year, he’s below his career average at 36.1%. His best single-season three-point percentage is 38.6, which he accomplished last season and in 2020-21.

Lauri Markkanen

Markkanen is also making his second career appearance in the 3-Point Contest. Last year, in his debut, he put up 20 points in round one, which wasn’t enough to crack the final trio. The seven-footer has been steadily improving his three-point shooting over his seven-year career. He ranged from 34.4% to 36.2% during his first three years in the league, but has hit at 39.1% or better in three of his past four, including this season, when he’s connecting at a career-best 40.3% from beyond the arc.

Karl-Anthony Towns

As mentioned, KAT is one of two previous winners in the field. He won the event in 2022, scoring 22 points in round one and 29 in the finals, eding out Luke Kennard and Trae Young.

YouTube video

Towns has an excellent in-game track record from three. He’s a career 40% shooter from three over his eight-year career. While his average dipped to 36.6% in an injury-shortened 2022-23 campaign, he’s hitting at a career-best 43.7% this year. It’s hard to figure out why he’s listed with the third-longest odds.

Jalen Brunson

Jalen Brunson is one of two players making their 3-Point Contest debut this year. With the Knicks riddled with injuries, Brunson has taken on an increased scoring role in his sixth season. Not only is he averaging a career-best 27.6 points per game, he’s doing so while shooting 41.1% from three, which is just slightly below the career-high of 41.6% he set last season.

Malik Beasley

In addition to Brunson, Milwaukee’s Malik Beasley is the other contestant making his 3-Point Contest debut in 2024. If the odds were purely based on in-season performance, Beasley would be the favorite. The ten-year journeyman has been absolutely deadly from beyond the arc this year, hitting at 44.4%.

But if he stays in that range, it will be just the second time he’s hit at 40% or better for a full season. Lifetime, Beasley is a 38.7% shooter from three.

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Trae Young

One of the highest-volume three-point shooters in the league, Trae Young also has a decent track record in the 3-Point Contest. His first appearance back in 2020 was forgettable – a 15-point first-round performance that didn’t get him to the finals – but his second appearance in 2022 saw him put up 22 points in round one and 26 in the finals, which was almost enough to wrest the title from Towns (29).

Young has never hit at a great clip from three. His lifetime average is 35.4% and his single-season best is 38.2% back in 2021-22. This year, he’s hitting at 37.1% while launching exactly nine triples per game.

Tyrese Haliburton

Sure to be the fan favorite at Gainbridge Fieldhouse, the Pacers’ Tyrese Haliburton is listed as the second-favorite in the 3-Point Contest odds for myriad reasons. Not only will he have the crowd on his side, he’s also coming off an appearance in the finals last year, his first attempt at the 3-Point Contest. Haliburton put up a massive 31 points in round one last year – the highest of the eight men competing – but only managed 17 in the finals, which wasn’t enough to capture the title.

YouTube video

In just his fifth year in the NBA, Haliburton has never shot worse than 40% from three for a season. He’s hitting at exactly 40% this year and is a lifetime 40.6% three-point shooter.

Damian Lillard

Reigning-champion Damian Lillard will be making his third appearance in the 3-Point Contest. He failed to reach the finals in 2019, posting 17 points in round one. But last year, he put up 26 in the first round – second-highest after Haliburton’s 31 – and matched that with another 26 in the finals, which was enough to take the title.

Lillard had entered the 2023 edition as the +425 co-favorite alongside former champion Buddy Hield. But, like Trae Young, he’s never had the best three-point percentage during his legendary 12-year career. He’s averaged 37% from three and only eclipsed 40% once. He’s hitting at just 34.1% from beyond the arc this season, which is would be the second-lowest of his career if it doesn’t improve.

NBA 3-Point Contest Contest Prediction

As I already hinted at, the one player whose odds standout to me is Towns. Not only is he a 40% three-point shooter for his career, he’s also having his best season to date from beyond the arc and is a former winner of this event. He should be among the top-three favorites, not a +700 afterthought.

2024 NBA 3-Point Contest Pick: Karl-Anthony Towns (+700)

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