Carmelo Trade Jolts Knicks Odds

If Carmelo Anthony playing in New York was inevitable, so too the sudden spike in the Knicks odds to win the NBA championship.

And while the trade took five months to unfold, sportsbooks like Bovada were busy adjusting NBA futures and setting new Carmelo props within hours.

The Knicks had been 40/1 to 50/1 odds at most sportsbooks, but the Carmelo-Stoudemire partnership created some betting interest on Broadway and many books dropped the Knicks to 30/1.

Denver on the other hand climbed from 50/1 all the way to 100/1 at Bovada.
Boston and Miami remain the biggest roadblocks in the East, but the Knicks are now just 15/1 odds.

Carmelo Anthony Odds

Of course, speculation abounded early about how Melo would perform. Bodog immediately posted odds on how many points he would average fr the rest of the year (over under of 27.5 PPG) and installed him as a 30/1 longshot to win the NBA MVP award.

Check out all the odds below, courtesy of Bovada:

Odds to win 2011 NBA Championship    
Miami Heat            11/5
Boston Celtics            7/2
Los Angeles Lakers        4/1
San Antonio Spurs        9/2
Chicago Bulls            14/1
Dallas Mavericks        14/1
Orlando Magic            14/1
Oklahoma City Thunder    22/1
New York Knicks        30/1
New Orleans Hornets        50/1
Atlanta Hawks            80/1
Utah Jazz            80/1
Denver Nuggets        100/1
Portland Trailblazers        100/1
Memphis Grizzlies        125/1
Philadelphia 76ers        175/1
Houston Rockets        200/1
Indiana Pacers            200/1
Charlotte Bobcats        250/1
Milwaukee Bucks        250/1
Golden State Warriors        300/1
Los Angeles Clippers        400/1
Detroit Pistons            500/1
Phoenix Suns            200/1

Odds to win 2011 Eastern Conference     
Miami Heat            11/10
Boston Celtics            13/8
Orlando Magic            6/1
Chicago Bulls            7/1
New York Knicks        15/1
Atlanta Hawks            35/1
Philadelphia 76ers        75/1
Indiana Pacers            100/1
Charlotte Bobcats        150/1
Milwaukee Bucks        150/1
Detroit Pistons            300/1

Odds to win 2011 Western Conference    
Los Angeles Lakers        5/4
San Antonio Spurs        9/5
Dallas Mavericks        6/1
Oklahoma City Thunder    9/1
New Orleans Hornets        25/1
Utah Jazz            40/1
Denver Nuggets        50/1
Portland Trailblazers        50/1
Memphis Grizzlies        65/1
Houston Rockets        80/1
Phoenix Suns            100/1
Golden State Warriors        150/1
Los Angeles Clippers        200/1

NBA MVP Odds
LeBron James            2/1
Derrick Rose            5/2
Kevin Durant            5/1
Amare Stoudemire        11/2
Dirk Nowitzki            10/1
Dwight Howard        10/1
Chris Paul            12/1
Kobe Bryant            12/1
Dwyane Wade            20/1
Carmelo Anthony        30/1
Blake Griffin            35/1
Deron Williams            40/1

Total Wins by the New York Knicks for the rest of the regular season (28 games)
Over 16.5
Under 16.5

New York Knicks - Exact Season Result
NBA Champions                    30/1
Knicks Lose in Title Game                20/1
Knicks Lose in Eastern Conference Finals        8/1
Knicks Lose in Eastern Conference Semi Finals    3/1
Knicks Lose in Eastern Conference Quarter Finals    4/9
Knicks Eliminated in Regular Season            11/1

How Many Points will Carmelo Anthony average as a member of the New York Knicks during the 2010-2011 NBA Season?
Over 27.5
Under 27.5

How Many Rebounds will Carmelo Anthony average as a member of the New York Knicks during the 2010-2011 NBA Season?
Over 6.5
Under 6.5

How Many Points will Chauncey Billups average as a member of the New York Knicks during the 2010-2011 NBA Season?
Over 15.5
Under 15.5

How Many Assists will Chauncey Billups average as a member of the New York Knicks during the 2010-2011 NBA Season?
Over 6.5
Under 6.5

Total Wins by the Denver Nuggets for the rest of the regular season (25 games)
Over 11.5
Under 11.5

Denver Nuggets - Exact Season Result
NBA Champions                    100/1
Nuggets Lose in Title Game                40/1
Nuggets lose in Conference Finals            16/1
Nuggets Lose in Conference Semi Finals        8/1
Nuggets Lose in Western Conference Quarter Finals    11/10
Nuggets Eliminated in Regular Season            4/5
 

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