Miami Heat No Win for Bookies

Written by:
Don Shapiro
Published on:
Jun/22/2012
Miami Heat No Win for Bookies

The Miami Heat win over Oklahoma City Thursday night in Game 5 to take the 2012 NBA Championship proved a killer for the books.

While action was somewhat balanced for Game 5, future bets on Miami to win, even at -500 and higher, were left some bookmakers paralyzed.

OKC had some decent action on the moneyline while Miami was getting around 55 percent on the -3.5 point spread. 

For LeBron James it was his first NBA Championship and his first ring.  He was also named MVP.  Oddsmakers had LeBron as the favorite.

"I know what got me to this point: hard work and dedication,” James said during the trophy ceremony. “Last year I played with a lot of hate. I play this game with love and dedication.”

Many experts believed this series would last at last 6 or 7 games.

DonBest.com predicted it correctly, noting that the 2-3-2 format heavily favored the Heat. 

- Don Shapiro, Gambling911.com

Basketball Odds News

Sweet 16 Line Moves and Liabilities

The 2024 NCAA Tournament field has been whittled down to the Sweet 16, and the sportsbooks are sweating considering most of the "chalk" is still dancing.

Syndicate