Despite 5-Game Win Streak Lakers Remain NBA Championship Longshots

David Butler II-USA TODAY Sports

As the NBA regular season winds down, with less than ten games remaining on the schedule, the landscape of championship betting is becoming more apparent. The Los Angeles Lakers, with odds at +4200, are considered long shots for the 2024 NBA Championship. This position contrasts starkly with the favorites leading the pack: the Boston Celtics at +200, the reigning champions, the Denver Nuggets, at +300, and the Los Angeles Clippers, the Lakers’ city rivals, at +650.

The NBA betting odds reflect not only the current standings and team performances but also these teams’ historical prowess and perceived potential as they prepare for the postseason. For the Lakers, these odds present a steep uphill battle in their quest for another title, underscoring their challenges against a play-in scenario and the likely match-up against highly favored teams. With just nine games left, the Lakers must move up three spots in the standings to avoid the NBA play-in tournament.

Betting on Basketball

The world of NBA betting offers a rich tapestry of options, each with its strategies and insights. From straightforward moneyline bets to nuanced point spreads and over/under totals, bettors can engage with the game on multiple levels. This guide will dissect these betting types in detail, providing a roadmap for navigating the complexities of NBA wagering. Beyond these, parlays offer a chance for bigger payouts by combining bets, while prop bets and futures allow for more specialized and long-term betting opportunities.

Each bet type provides a unique angle on the game, inviting bettors to apply their knowledge, intuition, and strategies in pursuit of winnings.

Traditional Point Spread

The point spread levels the playing field between mismatched teams by assigning a handicap to the favored team. This bet is not just about who wins but by how much, adding a layer of strategy to your betting decisions.

Moneyline Bets

At the core of NBA betting is the moneyline bet, a straightforward choice where you pick the game’s winner. Odds reflect the teams’ implied probabilities of winning, requiring bettors to weigh team strength, recent performance, and other relevant factors.

Over/Under Totals

Over/Under bets focus on the total points scored in a game, asking bettors to predict whether the final score will be over or under a specified number. This type of bet requires a good understanding of both team’s offensive and defensive capabilities.

Parlays and Props

Parlays combine multiple bets into one for a chance at a larger payout, though the risk increases as all individual bets, or “legs,” must win for the parlay to pay out. This bet type appeals to those looking for higher rewards. Prop bets allow wagering on specific game events, team performances, or individual player achievements, providing a wide range of betting opportunities beyond the game’s outcome.

Futures

Futures bets involve long-term predictions on season outcomes, such as championship wins, MVP awards, or team win totals. These bets offer a way to engage with the season and can provide value if you have a strong sense of how the season will unfold.

No, Not the Celtics

The rivalry between the Los Angeles Lakers and the Boston Celtics adds a historic and emotional layer to the NBA and its betting landscape. Tied for the most NBA Championships, each team’s pursuit of another title is not just about adding to their trophy case but also about claiming the outright lead in this storied competition. This rivalry, marked by legendary matchups and iconic moments, not only captivates fans but also presents a unique context for bettors.

With the Lakers’ current odds reflecting their underdog status and the Celtics positioned as favorites, the dynamics of this rivalry could shift dramatically based on the outcome of the 2024 NBA Championship. As both teams vie for supremacy, bettors can engage with one of the sport’s most enduring narratives, adding excitement to the betting experience.

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