Vegas Odds
We began posting the Vegas Odds in February 2009. Back then, a $100 bet paid $170 if LeBron went to the Knicks and $175 if he went to the Cavs. Only a year ago, Vegas essentially considered it a toss up. Since that time the odds have dramatically shifted in Cleveland's favor. However, for the first time in 3 months, the trend has stopped and begun ever so slightly to change direction. For the past three months $100 bet on the Knicks paid $400, but now that same $100 only pays $300. Meanwhile Vegas has seemed to settle in on -300 or betting $300 to $100 as the right number for bettors who think LeBron stays home. Cavaliers -300 Knicks +300 Nets +700 Pistons +1200 Maybe it's the better play from Chandler and Gallo that increased some of the money being bet on the Knicks and forced Vegas to lower the odds. Maybe it's the better coaching and play of the team overall. Or maybe Vegas realized they could still generate the same amount of action without offering such steep odds and decided to limit their exposure. 3 to 1 are still long odds, but there was a certain other New York team facing 3 to 1 odds only 2 days ago. Today that team is getting ready for the AFC Championship game. Unfortunately for the Knicks, Nate Kaeding won't be able to help them on July 1, 2010.
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The Odds continue to shift in Cleveland's favor. Apparently the oddsmakers in Vegas do not buy into LeBron's offseason innuendos. A $300 bet on LeBron to remain in Cleveland will pay you $100, while the same $300 bet on the Knicks pays of $1200! That's a very big spread and enticing one for Knick fans. Cavaliers -300 Knicks +400 Nets +500 Pistons +1000 For anyone who thinks Vegas always knows best, just remember their job is too place the odds at figures that will encourage the most action on each bet. And if you think they're right anyway, don't forget they had Hilary favored to beat Obama up until the primary election night and that didn't happen either...
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In February the Knicks were favored, by April both C2L voting and Vegas Odds had shifted slightly to Cleveland, but now we see the biggest indication yet that Cleveland is the official favorite for 2010 with a bet on them paying even money, while the Knicks pays 2 to 1: Knicks: +200 Nets: +350 Pistons: +550 It will be interesting to see the odds change if Superman and Co. can seal the deal and send the Cavs home. Theories abound as to the effect of a Championship for LeBron in 2009 vs. 2010 vs. none at all in Cleveland. But again, the bottom line is LeBron wants rings and piles of money. On July 1, 2010 he is going to sign with the team that gives him the best chance to achieve the most championships and financial gain - those are his stated goals. The Knicks should have cap room and some young pieces in D Lee, Chandler, Gallo and this year's #8 pick (Stephen Curry? Tyreke Evans?). That core with one other Free Agent signing sounds like a better option than the 4 guys that currently stand around and watch him play. Not to mention that group (I'm looking at you Mo Williams) will be older and if they fail this year and next it will be hard to believe they'll be in a better position in 2010-11. Maybe he should tell his boy Maverick Carter to the throw a little scratch on the Knicks at 2 to 1 for a bonus payment before he announces his decision... |
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Cavaliers +150 Knicks +170 Nets +350 Pistons +550 Knick fans should not be too discouraged as it’s still neck and neck. Right now a $100 bet pays off $170 if LeBron plays his first game for New York in 2010. However, Cleveland is the slight favorite as the same $100 bet pays $150 if he suits up for the Cavs
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There is a direct correlation between the Cavaliers’ success and the chances LeBron stays in Cleveland. It’s just very difficult for LeBron to say goodbye to his hometown if they’re in the beginning stages of becoming a dynasty. Apparently Vegas agrees as well; below are the latest odds of where LeBron will end up in 2010. Take a look back at our previous
You can bet on anything these days, including where LeBron will sign in 2010. In sportsbook.com's latest odds, the Knicks are slight favorites over the Cavs with the Nets and Pistons a distant 3rd and 4th. If you think you're sure where LeBron will sign in 2010 you have the opportunity to put your money where your mouth is. $100 on the Knicks will win you $170 if you're right. Here are the latest odds: For which team will LeBron James play his First Game of the 2010-2011 NBA Regular Season Cavaliers +175 Knicks +170 Nets +350 Pistons +550
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