As the NBA playoff herd is thinned out, sportsbooks are quickly adjusting their odds to win the NBA championship.
With the top-seeded Chicago Bulls biting the dust against the Philadelphia 76ers Thursday night, the Miami Heat’s odds to win the NBA title shot up to +110 after opening the postseason as +160 favorites.
The Indiana Pacers, who meet Miami in the second round, have remained at +2,500 to win the NBA championship after knocking off the Orlando Magic in the opening round.
The Oklahoma City Thunder, who discarded of the defending champion Dallas Mavericks in the first round, are priced at +400. That’s a slight adjustment from their opening-round odds of +450.
The San Antonio Spurs are sitting at +275 after rolling over the Utah Jazz in four straight games. San Antonio entered the playoffs at +450 after a late-season run to claim the top seed in the Western Conference.
The Los Angeles Lakers, who opened the postseason at +1,200 to win the NBA championship, are currently +1,500 after letting a 3-1 series lead against the Denver Nuggets slip away. Denver is currently priced at +10,000 to win the NBA title after opening the playoffs at +6,000.
The Boston Celtics meet the Sixers in the Eastern Conference semifinals. The veteran-heavy Celtics are +1,500, down from +2,000, to win the championship. Philadelphia is +5,000 after opening the postseason at +20,000.
The other remaining series in the Western Conference, the Grizzlies and Clippers, has both clubs set at +3,500 to win the NBA title. Los Angeles entered the playoffs at +4,000 while Memphis was priced at +2,500.
Odds provided by the LVH sportsbook in Las Vegas.