Most bets placed on Lakers, Celtics to win NBA title, sportsbooks say

If money being wagered with Las Vegas sportsbooks is an indication, the Celtics or Lakers will win the NBA title this year.

The Lakers have gotten the most attention, garnering most of the bets. The Celtics are the favorites to win the Eastern Conference and are a close second for winning the championship.

Currently the Celtics are 5-1 while the Lakers are 12-1 to win the title.

“It’s all Lakers and Celtics,” MGM sportsbook director Jeff Stoneback told ESPN.

According to the books, the Rockets are third, but the Lakers and Celtics have three times as many bets on them than any other team.

“After the Lakers and Celtics, there’s a very wide gap,” said Jeff Sherman, manager at the Westgate SuperBook in Las Vegas.

Two-time defending NBA champion Golden State currently have odds around -200, meaning people aren’t placing as many small bets on them, even though they are statistically favored.

According to MGM, an unidentified wagerer placed a six-figure bet on the Warriors over the summer, along with a pair of bets on the Celtics for $10,000.

FanDuel also reported high numbers for the Celtics, telling ESPN that 45 percent of bets wagered have been on Boston.

A large part of the Lakers’ resurgence has to do with LeBron James, who signed a massive deal with Los Angeles over the summer. As a result, his former team, the Cavaliers, currently have very long odds of winning the title.

“When all the speculation was going around [regarding James], we took some action on [the Cavs],” Westgate’s Sherman said. “We took a $2,000 bet and a $1,000 bet on them at 50-1. Now, they’re 500-1.”