Cavs Odds Shift Dramatically in Wake of Donovan Mitchell Trade

Written by:
Mary Montgomery
Published on:
Sep/01/2022

Likely the last major trade of the NBA offseason occurred On Thursday September 1 as Donovan Mitchell was dealt from the Utah Jazz to the Cleveland Cavs.

 

In exchange, Cleveland is sending guard Collin Sexton, forward Lauri Markkanen and rookie guard Ochai Agbaji along with three unprotected first-round picks to the Jazz.  The Jazz title odds have doubled from 250-1 to 500-1 in the wake of this news. 

Gamblers are likely to back the Cavs now.  They've moved dramatically from 50-1 odds to win the Eastern Conference to 12-1 Thursday.

Mitchell averaged 25.9 points per game last season, explaining why the oddsmakers are so reactive to this news.  Mitchell will pair in Cleveland with All-Star point guard Darius Garland.

When all is said and done, the Jazz will have the longest odds to win a championship title of any NBA team.

BetOnline updated their championship, conference and other miscellaneous odds for Cleveland and Utah. Here is a breakdown of the movements:

•          Cleveland Cavaliers title odds went from 120-1 to 25-1 (21st to 12th)

•          Cleveland Cavaliers Eastern Conference odds went from 50-1 to 12-1 (10th to 6th)

•          Cleveland Cavaliers Central Division odds went from 9-1 to 4-1 (now second behind Milwaukee -300)

•          Cleveland Cavaliers victories total went from 43.5 to 46.5

•          Utah Jazz title odds went from 250-1 to 500-1

•          Utah Jazz Western Conference odds went from 100-1 to 200-1

•          Utah Jazz Northwest Division odds went from 25-1 to 50-1

•          Utah Jazz victories total went from 30 to 27

Pre-Trade NBA Championship Odds Across the Board

These were not the Betonline odds, but those across the industry.

Boston Celtics    +550

Golden State Warriors    +650

Brooklyn Nets    +650

Los Angeles Clippers    +650

Milwaukee Bucks    +750

Phoenix Suns    +1000

Los Angeles Lakers    +1400

Miami Heat    +1600

Philadelphia 76ers    +1600

Denver Nuggets    +2000

Dallas Mavericks    +2200

Memphis Grizzlies    +2500

New Orleans Pelicans    +3300

Minnesota Timberwolves    +3300

Atlanta Hawks    +5000

Toronto Raptors    +5000

Chicago Bulls    +6000

Cleveland Cavaliers    +3300

Portland Trailblazers    +10000

New York Knicks    +10000

Charlotte Hornets    +15000

Utah Jazz    +35000

Washington Wizards    +20000

Sacramento Kings    +50000

Oklahoma City Thunder    +50000

Orlando Magic    +100000

Detroit Pistons    +100000

Indiana Pacers    +100000

San Antonio Spurs    +100000

Houston Rockets    +100000

Current BetOnline NBA Championship Odds                      

Boston Celtics                         6-1

Golden State Warriors            7-1

Milwaukee Bucks                    7-1

Brooklyn Nets                         15-2

Los Angeles Clippers               15-2

Phoenix Suns                          11-1

Los Angeles Lakers                  12-1

Miami Heat                             16-1

Philadelphia 76ers                  16-1

Denver Nuggets                      20-1

Dallas Mavericks                     22-1

Cleveland Cavaliers                 25-1

Memphis Grizzlies                  26-1

Minnesota Timberwolves       28-1

New Orleans Pelicans             35-1

Toronto Raptors                     40-1

Atlanta Hawks                         50-1

Chicago Bulls                           66-1

New York Knicks                     80-1

Portland Trail Blazers              100-1

Sacramento Kings                   150-1

Charlotte Hornets                   200-1

Washington Wizards              250-1

Detroit Pistons                        500-1

Indiana Pacers                        500-1

Orlando Magic                        500-1

San Antonio Spurs                  500-1

Utah Jazz                                 500-1

Houston Rockets                     1000-1

Oklahoma City Thunder          1000-1

- Mary Montgomery, Gambling911.com

Gambling News

Giants Agree to Cut Jones

Giants Agree to Cut Jones

Tommy DeVito will make his first start of the season Sunday against the Tampa Bay Buccaneers. DeVito won three games as a starter in 2023.  The line has remained at +5.5.

Syndicate