Before the Derrek Rose injury, Bulls were 10/1 to win NBA Title
After injury, Chicago downgraded all the way to 20/1
For tonight’s game, market has adjusted Chicago only ONE POINT downward.
One point per game is not enough to warrant such a drastic change in Title odds … but it illustrates the difference between the markets: Future Title odds are mostly played by recreational bettors who overreact to the loss of a big name like Derrek Rose. Individual game bettors are less recreational overall, and thus have reacted less – since Rose’s play this season has been far from elite.
What do you think?