NBA Return Odds: Spike Of Wagers Placed On Toronto Raptors To Defend Their Title

More bettors have backed the Raptors this week than any other team, despite their long odds
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With just three weeks to go until the return of the NBA, interest in the betting markets is increasing and an interesting trend is taking place, according to Oddschecker data.

Despite the fact that there are seemingly three heavy favorites – both LA teams and the Milwaukee Bucks – battling it out for the Championship, it is a team further down the market that has been attracting the attention of bettors.

In the past seven days it is the Toronto Raptors who have been the most popular choice, with 22% of bets placed on the ‘NBA Championship Winner’ market going on the reigning champions.

This is despite the fact that the Raptors current best odds of +2400 indicates an implied probability of just 4% that they will successfully defend their title.

Oddschecker spokesperson Pete Watt: “The Raptors made history last year against all the odds, so it is perfectly understandable to see sports bettors backing them to repeat the feat.

“Whilst their chances remain remote, the activity of the past week has prompted some oddsmakers’ to cut Toronto’s odds; whilst their best price remains at +2400, one book has slashed their price to +1500.”

Current top of the market:

TEAMODDS OF WINNING
Los Angeles Lakers+270
Milwaukee Bucks+280
Los Angeles Clippers+340
Houston Rockets+1600
Boston Celtics+2000
Toronto Raptors+2400
Philadelphia 76ers+2800
Denver Nuggets+3000
Miami Heat+3000
Dallas Mavericks+4000

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