NBA Odds: Oddsmakers Stunned as Big Money is on Trail Blazers

Portland is a +25000 outsider to win the title, but only the Lakers account for more of the handle
Pete Watt
Fri, June 12, 2:52 PM

Following the announcement that the NBA would be returning, the betting market for which team will win the championship has received a huge spike in wagers.

And despite the fact that the Portland Trail Blazers are currently 14th-favorites and heavy outsiders to win their second ever championship, they have been very well backed in the betting market.

Although only 3% of bets on the ‘NBA Winner’ market (link below) have gone on Portland, they account for 13% of the handle (total amount of cash). Only the Los Angeles Lakers account for more of the handle with 21%, while the current favorites in the market – the Milwaukee Bucks – have just 8%.

Oddschecker spokesperson Pete Watt: “Quite simply, this trend means that the bets which have been placed on the Blazers have been for very large sums indeed, suggesting a small group of individuals know something that the rest of us don’t!”

“With odds of +25000, a $10 bet on Portland would net a cool profit of $2500 if they can invoke the spirit of ’77, and clearly some individuals have been confident enough to stake plenty more than that.”

Current NBA Championship odds:

TEAM ODDS
Milwaukee Bucks +250
Los Angeles Lakers +270
Los Angeles Clippers +340
Houston Rockets +1600
Boston Celtics +2000
Toronto Raptors +2400
Philadelphia 76ers +2800
Denver Nuggets +3000
Miami Heat +3000
Utah Jazz +3300
Dallas Mavericks +4000
Indiana Pacers +10000
OKC Thunder +11000
Portland Trail Blazers +25000

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