With the potential prospect of LeBron James returning to the Cleveland Cavaliers in free agency, people are already anticipating a run for the 2015 NBA title.
According to ESPN.com, more bets have been placed on the Cavs to win it all next season than any other team at the Las Vegas Superbook.
“They are our biggest liability right now,” said MGM VP of Race and Sports Jay Rood. “We took a dime ($1,000) on them at 40-1.”
The Cavs are currently down to 10-1 at the MGM… and odds are the same all over Las Vegas.
Las Vegas Superbook assistant manager and head NBA oddsmaker Jeff Sherman tells ESPN.com that none of the bets are very “significant” in size, but, altogether, the wagers were enough to cut Cleveland’s odds in half, from 60-1 to 30-1.
The defending champion San Antonio Spurs (9-2) and the Chicago Bulls (7-1) are the only teams that have attracted more money than the Cavaliers, but the Cavs have more overall bets (28) than Cleveland since odds went up on June 9.