If I were placing a bet today (I would never) I might drop a minimum bet on the Chicago Bulls at 10-1 Cleveland Cavaliers at 50-1.
Low and behold the LeBron James signed with the Cavaliers and their odds are down to 9/2 (that’s 4.5-1) from 50-1. I don’t think the Cavs will win it all but that’s a nice value play. The Bulls odds are still 10-1 and probably not going anywhere.
Right now the New York Knicks look like the only team whose odds might change drastically when Carmelo Anthony re-signs but they still have no shot at the NBA championship.
The only other change in odds I see are the Houston Rockets if Chris Bosh signs. They might swing to 8-1 between the Oklahoma City Thunder and Los Angeles Clippers.
Updated odds to win the NBA Championship are below.
It’s been about 12 hours since the San Antonio Spurs won the NBA Championship. In the sports betting world this means we must be ready to be on the NBA champs for next year.
If I were placing a bet today (I would never) I might drop a minimum bet on the Chicago Bulls at 10-1 Cleveland Cavaliers at 50-1. I don’t think odds for either team will get better as the new season unfolds.