Draft Kings have updated the series odds between the Hawks and Knicks, and Atlanta is now -250 favorites to advance.
Updated NBA Playoffs series prices @DKSportsbook:
Knicks +200 pic.twitter.com/BqB6wQ1zYX
— The Action Network (@ActionNetworkHQ) May 24, 2021
Before the series, I highlighted the Vegas odds because it’s fascinating to see oddsmakers and the public differentiate on who’s the favorite.
The odds for the outright winner of the series is dead even with both teams set at -110, according to Fanduel. Even though the most likely outcome for the series is Knicks in six games (+440), the next best odds is Hawks in seven games (+460). If you do any sort of betting, you’d know that is an extremely insignificant difference. In fact, the odds for the series to reach six games are the same odds for the series to reach seven games (+200). Even more so, the odds after three games that the Hawks are up 2-1 are the same odds the Knicks will be up 2-1 (+152).
Now, the best odds for the series are Hawks in six (+350) and seven (+360); in fact, Atlanta now has better odds of sweeping the Knicks (+400) than New York has at winning in seven games (+500). The Hawks put everyone on notice with what Trae Young did to the league’s best defense, and oddsmakers have recognized them as the clear favorites to make it to the second round.
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