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Lockout Over: NBA Betting Futures

We're getting hoops action for Christmas this year, and the NBA futures at the online shops have the Miami Heat set as the favorites to win the title in the shortened season ahead.

The owners and players came to a tentative agreement to end the lockout on Saturday morning, with training camps and free agency now both scheduled to get underway on December 9.

The first games of the regular season will be played on Christmas, with a planned tripleheader of Boston vs. New York, Miami vs. Dallas, and Chicago vs. the Lakers.

The season will be shortened to 66 games because of the late start.

At Bovada the Heat will enter training camp as the favorite to forget last season's disappointing result and win the 2011/12 NBA championship; Miami is at 5/2 on that futures board.

The Lakers are next at 11/2 odds to win the title this season at Bovada, followed by the Bulls at 7/1 odds, and the Thunder at 15/2 odds.

And where are the defending-champion Mavericks on that board? They're fourth at 17/2 odds to make it back-to-back titles, but the veteran squad could benefit from the shorter campaign.

The Celtics, another veteran club that will get to avoid the wear-and-tear of an 82-game season, are at 12/1 odds on the Bovada futures board, with the Knicks set at 20/1 odds.

The Grizzlies, Magic, Trail Blazers, and Spurs are all at 25/1 odds to win the title in 2012 to round out the top tier of contenders heading into training camp.

Odds to Win 2012 NBA Championship at Bovada

Miami Heat 5/2
Los Angeles Lakers 11/2
Chicago Bulls 7/1
Oklahoma City Thunder 15/2
Dallas Mavericks 17/2
Boston Celtics 12/1
New York Knicks 20/1
Memphis Grizzlies 25/1
Orlando Magic 25/1
Portland Trail Blazers 25/1
San Antonio Spurs 25/1
Atlanta Hawks 40/1
Denver Nuggets 50/1
Houston Rockets 50/1
Los Angeles Clippers 50/1
Phoenix Suns 70/1
Indiana Pacers 75/1
New Jersey Nets 75/1
New Orleans Hornets 75/1
Philadelphia 76ers 75/1
Utah Jazz 75/1
Charlotte Bobcats 100/1
Golden State Warriors 100/1
Milwaukee Bucks 100/1
Minnesota Timberwolves 100/1
Washington Wizards 100/1
Cleveland Cavaliers 150/1
Detroit Pistons 150/1
Sacramento Kings 150/1
Toronto Raptors 150/1