Have The Golden State Warriors Ruined NBA Betting?

Chops October 16, 2018 839 Reads
Warriors NBA Betting

The 2018-19 NBA season tips off Tuesday night. The season is an inevitable slog with a predetermined final result: the Golden State Warriors will end up as champions again.

When ring-chasing-burner-account-having-uber-sensitive-rabbit-eared Kevin Durant joined the Warriors, the team basically broke basketball. Nobody really stands a chance if they’re at full strength.

While the Houston Rockets were a Chris Paul injury away from possibly upending the Warriors title run last year, they’ve taken a few ticks back this season. Nobody stacks up to Golden State. They’ve made the season irrelevant.

And they’re ruining NBA futures betting, too.

Basketball outright handle at an all-time low

The Warriors enter the season at -200 to three-peat. According to Sportsoddshistory.com, no other team in the past 30 years has been a pre-season odds-on favorite to win the championship. The Warriors have been a preseason favorite three years in a row.

This is impacting the overall handle on basketball outrights (future bets taken on winning the title).

It’s gotten so bad that handle on NHL futures EXCEEDS that of the NBA in Las Vegas. What the puck!?

Parity is the problem

The NBA is a star-driven league. A couple of superstars joining forces significantly shift a team’s championship odds. The Warriors have five potential Hall of Famers in their starting lineup (and maybe seven overall if Boogie Cousins gets his body and head right, or Andre Iguodala grinds out another Finals MVP). Their outright dominance kills the action.

Parity reigns supreme in the NHL, and to varying degrees in the NFL and MLB as well.

Unless you’re an obnoxious Golden State fan, their dominance has taken the fun out of the NBA season. They say money talks, and the lack of wagering on NBA futures backs it up.

Having said that, one bettor was willing to place a $67,736.25 wager on the Warriors to make the playoffs at -10,000 odds … so in six months he can cash in a whopping $677.35 return on that investment.

The Warriors start the season as 13-point favorites against the Oklahoma City Thunder. The Thunder title odds clock in at anywhere from +3000 at some Vegas sportsbooks to +3400 on FanDuel Sportsbook in New Jersey.

NBA outright title odds in NJ

 DraftKingsFanDuelSugarHouseBetStars888sport
Golden State-200-160-200-185-200
Boston+525+600+525+600+525
Houston+600+800+600+700+600
LA Lakers+800+1300+800+900+800
Philadelphia+1400+1800+1400+1600+1400
Toronto+1700+1800+1700+1600+1700
OKC Thunder+4000+3400+4000+3300+4000
San Antonio+6000+6000+6000+8000+6000
Utah+6000+4200+6000+6600+6000
Milwaukee+7000+10000+7000+6600+7000
New Orleans+9000+10000+9000+8000+9000
Dallas+10000+36000+10000+12500+10000
Denver+10000+8000+10000+10000+10000
Indiana+10000+10000+10000+8000+10000
Minnesota+10000+8000+10000+6600+10000
Portland+10000+10000+10000+10000+10000
Washington+10000+10000+10000+10000+10000
LA Clippers+20000+18000+20000+20000+20000
Miami+20000+10000+20000+30000+20000
Phoenix+20000+55000+20000+25000+20000
Atlanta+30000+55000+30000+40000+30000
Charlotte+30000+36000+30000+30000+30000
Chicago+30000+55000+30000+30000+30000
Detroit+30000+21000+30000+30000+30000
NY Knicks+30000+50000+30000+30000+30000
Brooklyn+40000+55000+40000+40000+40000
Cleveland+40000+55000+40000+40000+40000
Orlando+40000+55000+40000+40000+40000
Sacramento+40000+55000+40000+50000+40000
Memphis+50000+29000+50000+50000+50000