OT: These NBA playoffs are INSANE so far

[Fireball Jr.]

NHL.

Aye?

 

[Fireball Jr.]

Clippers' comeback from 22 down against OKC an instant classic.

 

[Eric15]

After winning last night, the Pacers went from 30/1 to 40/1 to win the NBA title. What am I missing here? I know they're having struggles, but they still have home court advantage in the East. My wife is very anti-gambling, but I'm trying to talk her into letting us bet $100 for the outside chance to take home 4 grand.

FWIW, the 2008 Celtics went 7 games in the first round with Atlanta, as well.

In the last 10 days, the Pacers have gone from 40/1 to 15/1 to win it all (per VegasInsider.com). Getting them for 40/1 was the steal of the century for anyone who bet it.

 

[skurey]

The Pacers are winning the ship 0% of the time so it's still a bad bet.

 

[two3zone]

In the last 10 days, the Pacers have gone from 40/1 to 15/1 to win it all (per VegasInsider.com). Getting them for 40/1 was the steal of the century for anyone who bet it.

Did your wife allow you to make the bet?

 

[Eric15]

Did your wife allow you to make the bet?

Unfortunately not. She's very cool about us spending all kinds of money going to SU away games, so I just don't push my luck with gambling.

This morning it's down to 8/1. http://www.vegasinsider.com/nba/odds/futures/

 

[MCC]

Unfortunately not. She's very cool about us spending all kinds of money going to SU away games, so I just don't push my luck with gambling.

This morning it's down to 8/1. http://www.vegasinsider.com/nba/odds/futures/

I too thought the 40:1 odds on Pacers were ridiculous. I ran the math assuming some different odds and the range of standard deviations was pretty wide, so I was convinced the odds would move strongly in one direction. I thought the only way to go was down as going higher than 40:1 just didn't make sense (Pacers are better than that and the market will realize it). Some friends of mine run an "options market" on where single-bet sports odds will go over time, much like options trading in the financial markets. In essence I bought calls on the Pacers several weeks ago. I now have $500 on the line at 8:1 but with the payout for 40:1 odds, and I only ended up spending around $45 (the premiums aren't directly proportional to the change in odds).

Anyway, thought this was a de-risked way to get a stake on Indiana...

 

[Fireball Jr.]

Unfortunately not. She's very cool about us spending all kinds of money going to SU away games, so I just don't push my luck with gambling.

This morning it's down to 8/1. http://www.vegasinsider.com/nba/odds/futures/

I have a feeling that number's goin' up in the morning.

 

[Eric15]

I have a feeling that number's goin' up in the morning.

Miami Heat 6/5
San Antonio Spurs 2/1
Oklahoma City Thunder 13/2
Indiana Pacers 10/1
Los Angeles Clippers 10/1
Brooklyn Nets 125/1
Washington Wizards 200/1
Portland Blazers 200/1

 

[two3zone]

Back on topic of these playoffs being amazing, they are just awesome again. The storylines, the play, the excitement. Sorry, college basketball isn't holding a torch to the NBA this year.

 

[MikeSU02]

Watching Joe Johnson not get a shot off at the end of the game last night reminded me of Carlos Beltran watching strike 3 when he played for the Mets against the Cardinals.

I think Joe Johnson is a very good player, but for $20MM +, you need to get off a shot no matter what in that situation.

 

[Eric15]

As of today:
San Antonio Spurs 8/5
Miami Heat 9/5
Oklahoma City Thunder 9/2
Indiana Pacers 6/1

That's 40/1 to 6/1 in 16 days for the Pacers.

 

[MCC]

As of today:
San Antonio Spurs 8/5
Miami Heat 9/5
Oklahoma City Thunder 9/2
Indiana Pacers 6/1

That's 40/1 to 6/1 in 16 days for the Pacers.

I'm surprised OKC's odds aren't worse; IMO losing Iblocka essentially crosses them off the list...