Before the Dwight Howard trade there had been 20 times more bets placed at Sportsbook on the Miami Heat to win the 2013 NBA Championship than there had been on the Los Angeles Lakers.
Most believe that’s about to change.
Howard is headed to the Lakers in a highly-anticipated blockbuster trade that has oddsmakers scrambling to adjust their NBA futures.
Sportsbook sportsbook manager Kevin Bradley trimmed the Lakers' odds down to 3/1 with the news, with the Heat sitting just a peg above at 5/2. The Las Vegas Hotel & Casino SuperBook followed suit, moving the Lakers to 3/1, with the Heat at 9/4.
The trade, which includes the Orlando Magic, Denver Nuggets, and Philadelphia 76ers, is expected to be finalized with an official announcement on Friday. The Nuggets will add Philly swingman Andre Iguodala, with Lakers All-Star center Andrew Bynum and Magic forward Jason Richardson going to the 76ers. The rebuilding Magic will get Arron Afflalo, Al Harrington, and Nikola Vucevic in addition to multiple first-round picks.
Meanwhile, the Oklahoma City Thunder, the defending Western Conference champions, have to be thinking "What about us?" The Thunder are at 11/2 at Sportsbook and at 9/2 at the SuperBook.