Boston Celtics No Longer The NBA Finals Favorite At BetMGM Sportsbook

BetMGM no longer favors the Boston Celtics to win the NBA Finals.

The Milwaukee Bucks have claimed that honor now. In the past week, the odds for the Celtics have increased from +310 to +400, while the odds for the Bucks have decreased from +400 to +325. This change is not exclusive to BetMGM; most major US sportsbooks now favor the Bucks over Boston.

Why?

In short, Milwaukee has been the dominant team in basketball recently. The Bucks had an impressive winning streak of 16 games from Feb. 23 to March 1 and have maintained their strong performance, going 6-3 since then. As a result, they currently hold a 2.5-game lead over Boston for first place in the Eastern Conference. Although the Celtics have been performing decently, they simply haven’t matched the level of excellence displayed by Milwaukee.

Jayson Tatum BetMGM MVP odds

The latest NBA MVP betting trends have also been released by BetMGM.

• Despite still having the fourth highest odds, Jayson Tatum’s chances have significantly decreased from +4000 to +15000.
• Tatum holds the fourth-highest ticket percentage (8.3%) and the fifth-highest handle percentage (8%).

Why sportsbooks adjust odds

Massachusetts sportsbooks, along with sports betting sites nationwide, frequently modify odds for various factors. One such factor involves responding to the betting activity of gamblers. It is evident that bettors heavily favored Milwaukee futures wagers during and after their impressive 16-game winning streak. Consequently, bookmakers promptly decreased the odds for the Bucks in response.

It is worth noting that Boston maintains an edge over Milwaukee on BetMGM Sportsbook in terms of ticket percentage and handle percentage. Specifically, 13% of NBA Finals winner bets on BetMGM are placed on the Celtics, making them the second most popular choice after Denver’s 13.1%. Furthermore, Boston ranks third in terms of the total NBA Finals winner handle, accounting for 13.5% of the bets placed, trailing behind the Warriors (15.5%) and Nuggets (14.1%).

How MA launch affected BetMGM NBA betting

It is undeniable that the significant figures in Boston are, to some extent, a result of the introduction of online sports betting in Massachusetts. According to BetMGM Massachusetts, after the launch weekend (March 10-12), an astonishing 74.1% of NBA Finals winner futures bets in Massachusetts were wagered on the Boston team. This amounts to a considerable number of tickets and overall betting activity.

In addition, BetMGM also unveiled its betting figures for the Eastern Conference.

• The Bucks are the frontrunners with odds of +140, while Boston holds odds of +150.
• However, the Celtics have a higher ticket percentage of 19.1% compared to the Bucks.
• However, Milwaukee currently boasts the highest handle percentage at 21.1%.
• The Knicks, with their recent impressive performance and the fervent support from their fans, are currently the Eastern Conference’s most significant drawback.

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