The Los Angeles Lakers may be pushing the panic button, firing head coach Mike Brown after their 1-4 start, but oddsmakers are keeping a level head when it comes to the odds for one of the NBA’s most popular bets.
John Avello, sportsbook director of the Wynn in Las Vegas says he won’t adjust the Lakers’ futures odds following the firing of Brown, saying “it’s too early to start changing the futures on the good teams."
“Bad teams, you can move them a little bit early on, but not the Lakers,” Avello told Covers. “It’s a long season. Oddsmakers don’t need to panic. Just give it time.”
The Wynn currently has Los Angeles at +300 to win the NBA championship and +160 to win the Western Conference, ahead of the Oklahoma City Thunder at +180.
Brown was rumored to be on the chopping block with an upcoming six-game home stand set as the deciding factor for his fate. However, according to ESPN, the team’s management made a unanimous decision to part ways.
“It doesn’t surprise me one bit,” says Avello. “Mike Brown just wasn’t the guy for the job. What they’re doing is comparing him to Phil Jackson, and there aren’t many guys that can do what Jackson did in his time with the Lakers.”
Assistant Bernie Bickerstaff or Chuck Person are expected to take over on an interim basis. Online sportsbook SportsInteraction has released odds on the Lakers' next coach, setting Mike D'Antoni as a +250 favorite, ahead of Jackson (+275), Brian Shaw (+450) and Nate McMillan (+1,200).
Los Angeles (1-4 ATS) is a 7-point home favorite against the Golden
State Warriors Friday night. That line has remained steady in the short
time following the announcement of Brown’s departure.
Avello doesn’t plan on treating this game or any of the Lakers’ upcoming contests differently until he gets a good look at how the team moves on. He expects the betting public to shy away from L.A. for the next few games before deciding how they’ll bet the Lakers going forward.
“I’m going to look at them on daily basis,” he says. “Right now, they’ve been underdogs playing some good teams, and they play some good teams coming up. This team has been dismal. You need to give them some time.”