Oct 9, 2012, 1:24 PM EDT
So, the Miami Heat are the favorites to win the NBA title and the Charlotte Bobcats are the longest shot. Some things never change.
Below are the NBA championship odds for all 30 teams, courtesy online gaming site Bovada. Remember that odds are not there to tell you who the book thinks will win, rather it’s about predicting what the public thinks, placing odds that will draw in betters and maximize return to the bookmakers. They are in this for profit.
Now, if I were a gambler (and no, I do not bet NBA) I would be looking for the best return on my investment, which means the Heat at just a hair over 2-1 may be the clear favorites but they are not a great bet. Of the three elite NBA title contenders, I would bet on the Thunder because I could make 4.5 for every one of my dollars if they win. Also, I might bet Boston because even though they need a lot of things to go right to have a shot at a ring, they have a puncher’s chance and would pay well at 18-1.
But for the record, we are not endorsing or suggesting you bet.
Miami Heat 11/5
Los Angeles Lakers 5/2
Oklahoma City Thunder 9/2
Chicago Bulls 14/1
Boston Celtics 18/1
San Antonio Spurs 18/1
Los Angeles Clippers 25/1
Brooklyn Nets 30/1
Dallas Mavericks 33/1
Indiana Pacers 35/1
Memphis Grizzlies 35/1
New York Knicks 35/1
Philadelphia 76ers 50/1
Denver Nuggets 66/1
Houston Rockets 75/1
Atlanta Hawks 75/1
Minnesota Timberwolves 75/1
Portland Trailblazers 100/1
Utah Jazz 100/1
Golden State Warriors 125/1
Milwaukee Bucks 125/1
New Orleans Hornets 150/1
Orlando Magic 150/1
Phoenix Suns 150/1
Cleveland Cavaliers 200/1
Detroit Pistons 200/1
Sacramento Kings 200/1
Toronto Raptors 200/1
Washington Wizards 200/1
Charlotte Bobcats 500/1
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