Updated 2016 NBA Championship Odds

Posted by Aaron . on February 2, 2016 in

Since the beginning of the 2015-16 NBA season, bettors (and online sportsbooks as well) have shifted their perceptions of how likely each team is to win the title. Many things have changed or been adjusted since the first day of the NBA betting season, which means that is a good time to take a look at the most recent betting odds.

 

Team OpenerDecember January
Golden State5-16-53-2
San Antonio12-17-29-5
Cleveland9-45-23-1
Oklahoma City5-112-114-1
L.A. Clippers10-118-120-1
Chicago12-120-120-1
Indiana30-120-125-1
Atlanta20-130-125-1
Toronto30-130-125-1
Miami30-130-150-1
Boston80-140-150-1
Houston20-180-1100-1
Memphis30-1100-1100-1
Washington30-1100-1100-1
Detroit80-1200-1100-1
Dallas40-1300-1300-1
New York80-1200-1300-1
Charlotte200-1200-1300-1
Sacramento100-1500-1300-1
New Orleans200-1300-1500-1
Utah80-1300-1500-1
Milwaukee80-1300-11000-1
Orlando200-1300-11000-1
Portland40-1500-11000-1
Minnesota200-1500-15000-1
Phoenix80-1300-19999-1
Denver80-11000-19999-1
Brooklyn100-12000-19999-1
L.A. Lakers80-19999-1NL
Philadelphia200-19999-1NL

 

An Update to the 2016 NBA Championship Odds

Trail Blazers, Lakers

So what happened to the Portland Trail Blazers? Well, they only returned one starter from 2014-15 (Damian Lillard) and then he went on the shelf with the injury bug, and the Trail Blazers really struggled from that point. He is back on the floor, but the Trail Blazers are not likely to dig out of that hole any time soon. So their odds have skyrocketed from 40-1 to 1000-1. The L.A. Lakers were one of the longer shots (80-1) at the start of the season, but the learning curve for the young players on the team has been even steeper than people had thought; at this point, you can’t get action on the Lakers to win it all because they are so far down the ladder in the Western Conference standings. The Philadelphia 76ers are the dregs of the Eastern Conference — which is why their odds shot up so quickly.

Warriors

What about the Golden State Warriors? They had an historic start to the season and are still winning at a terrific clip. They did hit a road bump in December, when Stephen Curry went down with a leg injury for a few games and the Warriors had an awful loss in Dallas without their leader. However, they seem to have righted the ship — which is why they are back in front in terms of odds.

Cavaliers

What about the Cleveland Cavaliers? They started as the top favorite in the NBA and are still in the third position, despite seeing head coach David Blatt receive a pink slip in favor of Tyronn Lue (although there are some observers who think that the real “coach” wears #23 and goes by the nickname “King James). In any event, while the East is a tougher conference than it has been in the past, the West is more of a gauntlet for the postseason. So that could help the Cavaliers as they make into the Finals on an easier road than the team that comes out of the West will travel.