The Los Angeles Lakers were preseason contenders. Now, the betting market views them as nothing more than a middle-of-the-pack ball club.
Following Sunday's 28-point home loss to the New Orleans Pelicans, the Lakers' title odds tumbled to a new season-long of 49-1.
2022 NBA Title Odds
Team | Odds |
---|---|
Suns | +410 |
Warriors | +440 |
Nets | +600 |
Bucks | +650 |
76ers | +700 |
Heat | +1000 |
Jazz | +1600 |
Celtics | +1900 |
Bulls | +2700 |
Grizzlies | +3000 |
Nuggets | +3000 |
Mavericks | +3500 |
Lakers | +4900 |
Cavaliers | +5000 |
Timberwolves | +10000 |
Raptors | +10000 |
Clippers | +12000 |
Hawks | +12000 |
Hornets | +24000 |
Spurs | +50000 |
Rockets | +50000 |
Wizards | +50000 |
Pacers | +50000 |
Pelicans | +50000 |
Thunder | +50000 |
Kings | +50000 |
Pistons | +50000 |
Trail Blazers | +50000 |
Magic | +50000 |
Knicks | +50000 |
*via FanDuel
Despite LeBron James' MVP-caliber campaign through the first half and change of the season — he's posting 29.0 points, 7.9 boards and 6.3 assists per game — the Lakers seemingly can't figure it out.
They've dropped both games post-All-Star break and five of the last six overall, sitting 27-33 entering the week. Los Angeles are currently the ninth seed in the Western Conference.
For context, the Lakers opened the season +400 to win the championship — right behind the Nets' number of +225 as second-best in the league. Just two weeks ago, the Lakers were priced at 18-1 to win the whole thing.
Sunday's defeat to New Orleans marked the third straight outright loss for the Lakers in the favorite role. They've been burning bettors all year with a 26-34 record against the spread (43.4%), the third-worst clip in the West.
If you're a believer and want to grab the Lakers at a discount, 49-1 is the best you'll find. Otherwise, we've seen the number as low as 28-1 at other shops.