It’s finally official: the Cleveland Cavalier’s odds in the offshore wagering market went from very good to non-existent at approximately 9:15 pm Eastern Standard time last night.
That’s when the sports betting world learned that the greatest basketball player on the planet will jump ship from Cleveland and unite with fellow superstars Dwayne Wade and Chris Bosh in the upcoming NBA betting season.
Online wagering companies scrambled to adjust their betting lines as just a week ago the Miami Heat were 35-1 long-shots in the NBA betting odds. But now with the re-signing of Wade the recent acquisition of Chris Bosh and now with King James onboard, this franchise is now the team to beat in the offshore wagering lines.
Forget the LA Lakers with their back-to-back titles and former NBA betting MVP, Kobe Bryant. Forget the Boston Celtics and their Big Three superstars. Forget the Chicago Bulls and their core of top talent.
Check any online wagering companies’ betting site right now and you’ll see the Miami Heat now listed as the top team in the NBA betting odds to win the title next year.
The Lakers have one superstar, Bryant, and arguably the best center in the NBA lines competition. The team also has a deep roster in the paint and a crazy good defender in nut-job Ron Artest. But they have nowhere near the fire the power that Miami now has.
Boston’s Big Three? They seem more like three old guys who won an NBA championship a few years ago and are headed for retirement. The real Big Three in the NBA betting now reside in South Beach.
Chicago has a very good team now, especially after signing PF Carlos Boozer, but they still trail the Heat by a huge margin on the online wagering companies’ betting boards.
The Lakers are still close contenders and still have a terrific team as they look to capture their third straight NBA betting title. But the Miami Heat has made offshore wagering history with the signing of LeBron. There has never been a team with three players of such talent ever assembled in the history of basketball betting and everyone and there brother expects this team to win the NBA betting title next season.
And if they don’t …well, that’s a discussion for another day.