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Vegas likes the Miami Heat to be your NBA champions

Nov 29, 2011, 10:30 AM EDT

Dallas Mavericks v Miami Heat - Game Two Getty Images

We in no way want to encourage you to gamble while in Las Vegas. There are so many fantastic restaurants — PBT personally recommends RM Seafood and B & B Ristorante — where you know you will get a certain return on your investment in the form of a great meal and atmosphere.

But if you still want to put your money down on the NBA….

Turns out Las Vegas likes the Miami Heat to walk away with the title, followed by the usual cast of characters, reports the Los Angeles Times.

MGM Mirage’s race and sports director Jay Rood considers Miami a 2-to-1 favorite to win the title, followed by the Lakers (9-to-2) and the Chicago Bulls and Oklahoma City Thunder (5-to-1). Meanwhile, Jay Kornegay, director of the Las Vegas Hilton Race and Sports Book, has tabbed the Heat as 2-to-1 favorites, unless the Chicago Bulls (6-to-1) get past them. That puts the Lakers (7-to-1) in a third-place tie with the Dallas Mavericks and Oklahoma City Thunder.

We want to note two things. First, Vegas tends to put the Lakers’ odds lower than they think they actually are because so many Lakers fans come to Vegas (due to proximity to L.A.) and there is a lot of money on them. Vegas hedges potential losses by keeping the odds tight.

Second, the goal of odds is not to predict the winners but to estimate the public’s perception and give them numbers that will encourage them to bet.

That said, I kind of like the Thunder at 5-1. Good team on the rise, young legs to combat the condensed schedule, some guy named Kevin Durant. Just sayin’.

  1. cantonbound13 - Nov 29, 2011 at 2:31 PM

    The only problem with the Heat winning it all is LeBron is a choke artist. They will never win a title unless Wade carries them. LeBron’s record in the finals is 2-8!!! One of those wins was because
    Wade carried the team. LeBron is truely “The Chokin’ One”.

  2. larsonjs - Nov 29, 2011 at 3:26 PM

    Vegas also likes Tiger to win the Masters – that alone should tell you that they have absolutely no idea what they are talking about. Miami has to plug some serious holes if they are to contend. LeBron James is not a prime time player. He may go down in history as the greatest regular season player ever. The only problem is that the regular season is pretty meaningless if you can’t back it up in the playoffs. Chicago if they can keep their core could really prove to be something. I love the Lakers, but I don’t know if they are up for the challenge. Maybe the shortened year will help them. I love Fisher for what he did in the past, but we definitely need a new point guard and if we could dump Ron Artest (now MWP) I would love it.

  3. passerby23 - Nov 29, 2011 at 3:49 PM

    I think Vegas has these odds right. They will, of course, change as rosters make changes. Give the Heat a healthy Haslem for the whole year and a shot blocker (Dalembert), and they are scary good. I hate that prospect since I do not want the Heat to win. If Chicago can add a scorer, I like their chances.

    I think the Lakers are too old and Dallas had kind of a Cinderella run. It’s going to be tough to retain Butler, Chandler, and Barea. If they do re-sign Chandler, they’re going to lose Haywood so they’re in a tough position. I like OKC to get out of the West and meet the Heat in the Finals. If Boston can make the move for CP3, I think they become the favorites.

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