Way Too Early NBA Title Bets For 2017

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[h=1]Way-Too-Early NBA title bets for 2017[/h]Dave TuleyESPN Staff Writer
ESPN INSIDER

LAS VEGAS -- With the Cleveland Cavaliers completing their historic comeback to win the NBA Finals over the Golden State Warriors after trailing 3-1, the questions now are whether the Cavaliers can repeat, if the Warriors can bounce back and reclaim the crown or if another team can emerge to challenge the clear top two teams.
The Westgate Las Vegas SuperBook has had odds to win the 2016-17 NBA title since May 29, before the Finals started. The Warriors opened as the 3-2 favorites (+150 as a money line) and were actually been bet lower to 7-5 (+140) before being raised to 7-4 (+175) after losing on Sunday night. The Cleveland Cavaliers opened as the second choice at 5-2 and had been raised to 3-1 before being lowered to 5-2 after winning the title.


The San Antonio Spurs are a solid third choice at 6-1, while theOklahoma City Thunder opened at 8-1 and have been bet down to 7-1.
After that foursome, there aren't any other teams at single-digit odds.
Now, we know there is a lot of uncertainty when looking at these "too-early" odds (as some people call them, though we don't think it's ever too early to try to find betting value) as we haven't even had the draft and there can be a lot of changes during free agency, but let's see if we can find some value on the board.
Here are my very early value bets for next year's NBA title:
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[h=3]Oklahoma City Thunder (7-1)[/h]The part where I spoke of "uncertainty" has this as Exhibit A. Will the NBA's most-appealing free agent, Kevin Durant, leave Oklahoma City (or go home to the Washington Wizards) or will the Thunder be able to keep him, even if for only one more season to try to win a title with Russell Westbrook?
The Thunder upset the Spurs in the Western Conference semifinals and then had the Warriors on the ropes at 3-1 in the Western Conference finals, so they obviously are right there as top contenders if Durant sticks around. The move from 8-1 to 7-1 tells me that some sharp bettors were willing to speculate that Durant will stay, and honestly, that would be the main reason to bet the Thunder now (note: the move to 7-1 at the Westgate makes it a little less appealing, but 10-1 is available offshore and a sharp bettor should be able to find a better price, especially as more books add their 2016-17 futures).
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[h=3]Toronto Raptors (25-1)[/h]The Raptors gave the Cavaliers a bit of a scare in the Eastern Conference finals by winning Games 3 and 4 at home to even the series at 2-2 before losing the next two games. They made big strides for a franchise that had never won a seven-game playoff series, by winning their first two series over the Indiana Pacers and Miami Heat. The Raptors need to re-sign DeMar DeRozan to team with Kyle Lowry and are in need of a third star to go with their solid group of role players. They're not that far from being a legitimate title contender and the 25-1 price seems fair (or perhaps consider the 8-1 price to just win the Eastern Conference).
[h=3]Durant's potential landing spots[/h]There is widespread speculation of where Durant might sign, so much like the Summer of LeBron a few years ago, if you were to hear something that really has you believing you have the puzzle figured out, it might be worth a flier on that team -- especially if they seem intent on bringing in more players with Durant (as every franchise these days wants a big three). I also would make the caveat that an Eastern Conference team is far more appealing in terms of futures for Durant than if he joined another team in the West.
 

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I would love to hear a reason someone would place a championship bet in June.
 

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I would love to hear a reason someone would place a championship bet in June.

Value is value and sometimes the oddsmakers open with bad lines. Steelers opened at like 17-1 to SB and they were immediately bet down to 11-1.
 

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Value is value and sometimes the oddsmakers open with bad lines. Steelers opened at like 17-1 to SB and they were immediately bet down to 11-1.

Yes value is value so I can understand if you see a BIG value play, but I meant more why would you place an NBA bet in June?
 

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Yes value is value so I can understand if you see a BIG value play, but I meant more why would you place an NBA bet in June?

I think you answered your own question right there.

If a team opens at better odds than you think they should be, then it could justify a bet.


What is the difference between June and October? Only a few months and tons of people making futures bets in October.
 

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I think you answered your own question right there.

If a team opens at better odds than you think they should be, then it could justify a bet.


What is the difference between June and October? Only a few months and tons of people making futures bets in October.

I'm not really a future player, but if I was, I would want to wait for draft, free agent signings etc
 

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I'm not really a future player, but if I was, I would want to wait for draft, free agent signings etc

It works better for NFL since more teams have a chance to win the title. Also, NFL win totals, division odds and futures tend to come out in April which is way before the season. Books don't really release that stuff for NBA until like 3 weeks before the season.

There are times that it could be nice for NBA though, if you had the foresight to take Cleveland last year banking on LeBron coming back for instance...
 

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It works better for NFL since more teams have a chance to win the title. Also, NFL win totals, division odds and futures tend to come out in April which is way before the season. Books don't really release that stuff for NBA until like 3 weeks before the season.

There are times that it could be nice for NBA though, if you had the foresight to take Cleveland last year banking on LeBron coming back for instance...

yeah not saying you are wrong, in fact I am saying you are right....I can see someone may like something, just not my type of bet I guess
 

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KingEleven what else can you do with the money?

Bernanke only gives you .01% at the bank and the global equities market is overvalued to say the least.

Makes you think Durant and Westbrook finally raising the banner at > 12.5% chance looks pretty good in comparison.
 

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yeah not saying you are wrong, in fact I am saying you are right....I can see someone may like something, just not my type of bet I guess

The same disadvantages that you have as a bettor of an early total is the same disadvantages that the books have.
The books don't know who teams are going to draft or get in free agency either.

The good thing about it is when you bet early this gives you plenty of time for line movement so if a team makes a significant move that's not reflected in the line you can then take the other side for a middle or hang tight if you got the best of it with your early wager .
 

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The same disadvantages that you have as a bettor of an early total is the same disadvantages that the books have.
The books don't know who teams are going to draft or get in free agency either.

The good thing about it is when you bet early this gives you plenty of time for line movement so if a team makes a significant move that's not reflected in the line you can then take the other side for a middle or hang tight if you got the best of it with your early wager .

you guys are definitely right
 

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June 21, 2016

Odds to win the 2016-17 NBA Finals
TeamOdds
Golden State Warriors 2/1
Cleveland Cavaliers 3/1
San Antonio Spurs 8/1
Oklahoma City Thunder 10/1
Boston Celtics25/1
Los Angeles Clippers 25/1
Miami Heat 30/1
Toronto Raptors 40/1
Atlanta Hawks 50/1
Chicago Bulls 50/1
Houston Rockets 70/1
Minnesota Timberwolves 70/1
New Orleans Pelicans 70/1
Portland Blazers 75/1
Charlotte Hornets 100/1
Los Angeles Lakers 100/1
Memphis Grizzlies 100/1
Utah Jazz 100/1
Dallas Mavericks 125/1
Denver Nuggets 125/1
Detroit Pistons 125/1
Indiana Pacers 125/1
Milwaukee Bucks 125/1
New York Knicks 125/1
Orlando Magic 125/1
Philadelphia 76ers 125/1
Sacramento Kings 125/1
Washington Wizards 125/1
Phoenix Suns 300/1
Brooklyn Nets 500/1

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