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Bookmakers make Heat title favorites. Magic are best odds on the board.

Oct 21, 2010, 11:58 PM EST

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The Miami Heat are the favorites to with the NBA crown this season.

Not according to most pundits, they have them close but not quite (although some have picked them). But yes according to the bookmakers at Bodog.com. Here are their odds to win the NBA title:

Miami Heat                       17/10
Los Angeles Lakers            5/2
Boston Celtics                    17/2
Orlando Magic                   13/1
Oklahoma City Thunder   14/1
Chicago Bulls                     18/1
Dallas Mavericks                20/1
San Antonio Spurs             28/1
Denver Nuggets                  30/1
Portland Trailblazers         30/1

Last at 200-1? The Cleveland Cavaliers, Toronto Raptors and Minnesota Timberwolves. Way to go Minnesota, getting those kind of odds without having a superstar leave you cold.

Best odds on the board? Orlando. That is a team that can win a title. A team that went to the finals two seasons ago, is coming in healthy and more focused this season, and is right there on the elite contender level. At 13-1 that’s a pretty good bet.

Already I can hear the Lakers fans complaining — why aren’t the Lakers the favorites? Why is there no respect for the Lakers?

Blame yourselves. You know why the bookmakers set those odds? To make money for themselves. The team with the lowest odds has that because that’s where the fans are putting their money. Right now that’s the Heat. Bookmakers are not making predictions, they are making odds to protect their money against your bets. It’s a business. And you are all betting on the Heat.

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