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2020 NBA Championship odds

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With the NBA trade deadline in the rearview mirror and the All-Star break just wrapping up, we look at the odds to win the NBA Championship as well as the betting odds for Eastern and Western Conference champions.

The Los Angeles Lakers sit as the favorites to win the NBA Championship at +225, followed by the Milwaukee Bucks at +275 and the Los Angeles Clippers at +300. The Boston Celtics and Philadelphia 76ers are priced at +2,000 odds, and the New York Knicks have plummeted from +16,000 to +1,000,000. The Golden State Warriors, currently dead last in the NBA standings, have seen their title odds pulled off the board (OTB).

All NBA odds courtesy SuperBook at Westgate Las Vegas as of Feb. 18, 2020.

ODDS TO WIN 2020 NBA CHAMPIONSHIP

Team Odds to win NBA Championship
Milwaukee Bucks +250
Los Angeles Lakers +300
Los Angeles Clippers +325
Houston Rockets +1,300
Denver Nuggets +1,500
Utah Jazz +1,600
Philadelphia 76ers +1,600
Toronto Raptors +2,000
Miami Heat +2,000
Boston Celtics +2,200
Dallas Mavericks +2,800
Indiana Pacers +4,500
Portland Trail Blazers +5,000
San Antonio Spurs +7,000
Oklahoma City Thunder +8,000
Brooklyn Nets +9,000
Memphis Grizzlies +9,000
New Orleans Pelicans +10,000
Orlando Magic +12,500
Sacramento Kings +30,000
Chicago Bulls +40,000
Detroit Pistons +50,000
Pheonix Suns +50,000
Minnesota Timberwolves +50,000
Charlotte Hornets +50,000
Washington Wizards +50,000
Golden State Warriors +200,000
New York Knicks +200,000
Cleveland Cavaliers +300,000
Atlanta Hawks +300,000

 

ODDS TO WIN 2020 NBA EASTERN CONFERENCE

Teams Odds to win the Eastern Conference
Milwaukee Bucks -175
Philadelphia 76ers +600
Miami Heat +750
Toronto Raptors +750
Boston Celtics +800
Indiana Pacers +2,500
Brooklyn Nets +4,500
Orlando Magic +6,000
Chicago Bulls +15,000
Charlotte Hornets +20,000
Detroit Pistons +20,000
Washington Wizards +25,000
New York Knicks +60,000
Cleveland Cavaliers +75,000
Atlanta Hawks +75,000

ODDS TO WIN 2020 NBA WESTERN CONFERENCE

Team Odds to win the Western Conference
Los Angeles Lakers +175
Los Angeles Clippers +200
Houston Rockets +650
Denver Nuggets +800
Utah Jazz +900
Dallas Mavericks +1,600
Portland Trail Blazers +3,300
San Antonio Spurs +4,000
Oklahoma City Thunder +4,500
Memphis Grizzlies +4,500
New Orleans Pelicans +6,000
Sacramento Kings +15,000
Pheonix Suns +20,000
Minnesota Timberwolves +25,000
Golden State Warriors +75,000

HOW DO I BET NBA CHAMPIONSHIP ODDS?

Sportsbooks will post odds for the NBA Finals as early as the summer before the season starts. These odds are constantly adjusted throughout the offseason as players get hurt, suspended or are traded. Once the regular season begins, title odds will change daily as teams win and lose games and as more players get hurt, suspended or traded. Sportsbook will also adjust the NBA odds based on handle and liability to certain teams.

NBA Championship odds will usually look like this:

  • Milwaukee Bucks +250

This means that on a $100 bet, you’ll stand to win $250 if the Bucks win the NBA title. If it’s close to the end of the regular season or even during the playoffs and the NBA has a very dominant team, you might see that a team is has a minus sign (-) ahead of its odds.

  • Golden State Warriors -120

This means that you would need to bet $120 to win $100 on a Warriors championship.

Above we have posted the American odds for the NBA championship. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool.

Longshots to consider when betting the Shoemaker Mile

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Monday’s Shoemaker Miles Stakes at Santa Anita Park is a great race for a number of reasons. For starters, the Shoemaker Mile is a Breeders’ Cup Challenge Series “Win and You’re In” race that offers the winner a guaranteed spot in the 2020 Breeders’ Cup Mile at Keeneland.

Watch the Shoemaker Mile on Monday, May 25 from 6-8 p.m. ET on NBCSN, NBCSports.com and the NBC Sports app.

The race also features last year’s Preakness Stakes winner, War of Will, making his season debut. Despite his triumphs on the dirt in 2019, War of Will started his career on the turf and his pedigree suggests that he’s very likely to be just as successful on the grass. That said, the Shoemaker Mile will be his first start off of a six-month break, and I’m going to try to take a swing or two with some horses who could upset the apple cart at longer odds.

Let’s start out with the horse on the rail, Without Parole. He won the Group 1 St. James’s Palace Stakes going a mile at Ascot back in 2018. His three other career wins have all came at this mile distance as well. Granted, he hasn’t won in six races since the St. James’s Palace but he did finish a fast-closing third two starts ago in a much tougher U.S. debut in the TVG Breeders’ Cup MileIrad Ortiz Jr. rode Without Parole in that race and he will reclaim the mount on him again on Monday.

Without Parole has only had one race this year and it was in the Pegasus World Cup Turf Invitational in which he finished second to last. However, he had several excuses right from the start of that race when he got squeezed coming out of the gate. He also raced in traffic throughout and got cut off several times in the stretch before Frankie Dettori — who had come from Europe to ride him at Gulfstream — finally just wrapped up on him. The Pegasus World Cup Turf also was a race that didn’t allow him to run on Lasix (furosemide) after he’d shown significant improvement racing on Lasix for the first time at the Breeders’ Cup.

Stream the 2020 Shoemaker Mile live here

How much of a factor might Lasix be for some horses? Well, let’s next look at the horse who finished last in the Pegasus World Cup Turf: Next Shares. In his following start (back on Lasix) in the Grade 1 Frank E. Kilroe Mile Stakes, Next Shares finished third (beaten just a neck) to River Boyne. Both Next Shares and River Boyne return in the Shoemaker Mile and I prefer the former as a pace play who has plenty of back-class. If you rewatch the Kilroe Mile, Next Shares covered a lot more ground than River Boyne. With a similar effort, Next Shares could certainly turn the tables.

The other thing to like about Next Shares is that his trainer, Richard Baltas, has entered speedster Neptune’s Storm in the Shoemaker Mile. That horse, along with Voodoo Song, should ensure a very brisk pace up front — they’ll also be kept honest by Blitzkrieg and War of Will, both of whom usually race on or near the lead. All of that speed adds up to good news for Next Shares. He’s a Grade 1 winner who has always done his best running when he’s had some pace to run into. The other two keys for him (like all stalking or closing-type runners) is clear running room late, and hopefully he’ll get that with Hall of Fame rider John Velazquez taking the mount.

Lastly, we should take a look at True Valour. It’s hard to make much of an excuse for his flat finish in the Kilroe last out, but he’s truly performed better than what his results on paper might indicate. In the Thunder Road Stakes in February, he looked pretty keen early and it took him a few strides to settle down without throwing his head around and fighting his rider. Turning for home, it was clear that jockey Andrea Atzeni had plenty of horse under him but was just waiting for some running room. It ended up coming too late because River Boyne was in a better spot and had already taken command. True Valour did split horses nicely in the closing stages and was half a jump away from finishing second.

If you go back to the Breeders’ Cup Mile, True Valour had excuses there, too. He was up on heels early and he again took a little bit of time to settle down into a comfortable stride. Then, turning for him, he was just waiting for running room but instead got stuck behind a wall of horses. True Valour ended up steadying pretty badly and lost all chance at that point. I’m a little worried about how headstrong he tends to be early in races, but there’s a scenario here that could have at least two horses battling for the lead early and opening up some daylight on the rest of the field. That means he’ll be less likely to be running up on anyone’s heels and it also ensures that he’ll have a nice setup. Whether he can navigate clear passage late in the race is a separate matter.

Longshot Selections

#1 Without Parole

#3 Next Shares

#2 True Valour

Watch the Shoemaker Mile on Monday, May 25 from 6-8 p.m. ET on NBCSN, NBCSports.com and the NBC Sports app.

How to bet an exacta on a horse race

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Betting an exacta can present a challenge on several levels.

There is, of course, the primary need to analyze past performances and decide which horses are going to finish first and second.

Yet because of the inherently lower payoffs as opposed to what you’ll find in a Pick 3 or Pick 4, you’ll need to structure your wagers effectively in order to turn your selections into a profitable wager.

For starters, an exacta can be a simple wager. If you like two horses equally, you can just box them in the exacta and collect so long as they finish 1-2 in any order. If you like one of them a little more, you can then bet more on the one you prefer, say $10 on a 1-2 exacta and $5 on 2-1.

If you’re a little more uncertain, make sure you structure your bet around the size of the field and the probable payoffs.

If you like a longshot, the higher probable payoffs give you the cushion you need to wager on more combinations and still turn a nice profit.

But if you’re dealing with favorites or horses at relatively low odds, you have to wager more efficiently to preserve your profit.

In a field of six or less, you’re best to either focus on one horse or box two of them instead of boxing three or more horses because of the small payouts the bet will most likely generate.

In a field of seven, a wise strategy would be to box your top two choices and then, if you are worried about other horses, play them top and/or bottom other the other horses. For example, box 1-2, then bet 1-2 over 3-4 and 3-4 over 1-2. This way you are getting coverage on four horses without having to box them.

Once you get an eight-horse field, as long as there is not an overwhelming favorite, you can expand the number of horses you box since the payoffs will typically be higher, giving you a better opportunity to offset the inevitable array of losing tickets in a boxed wager.