After signing LeBron James over the summer season, it appeared like there was good cause for the Los Angeles Lakers to be heavy favorites in Las Vegas to make the playoffs.
However after a 118-109 loss to the lowly Phoenix Suns on Saturday evening, the view in Vegas is worse than ever.
The Lakers now have +600 odds (a $100 wager would win $600) to make the postseason on the Westgate Las Vegas SuperBook, by far their worst odds all season. They’re a staggering -900 favourite to overlook the postseason.
In a sport they thought of a must-win, the Lakers hit a brand new low Saturday evening by falling 118-109 to the 13-51 Suns, the league’s worst staff.
Los Angeles was +240 to make the playoffs earlier than Saturday’s sport and had -110 odds on the All-Star break.
SuperBook vp of threat Jeff Sherman advised ESPN that the sportsbook had taken over six figures in wagering on the Lakers playoff prop for the reason that All-Star break, with motion “fairly evenly cut up” between the sure and no.
Earlier than the season, the Lakers had been closely favored to make the playoffs, with the SuperBook’s opening odds at -450 (+350 to overlook the playoffs). Though 59 p.c of bettors thought James’ Lakers would miss the playoffs, greater than 83 p.c of the cash was on them making it. This was closely influenced by one bettor who wagered $50,000 on them reaching the postseason at -500 odds, for a possible revenue of $10,000.
The Lakers are 30-33 and 4½ video games behind the LA Clippers for the eighth spot within the Western Convention. In line with ESPN’s Basketball Energy Index, the Lakers now have a zero.9 p.c likelihood to make the playoffs.
James has reached the playoffs in 13 consecutive seasons. That is the most recent right into a season that a James-led staff has had a sub-.500 report for the reason that Cleveland Cavaliers completed his rookie season 35-47 in 2003-04.