Updated NBA Series Prices for All First-Round Matchups: Lakers Now Favored Over Grizzlies

• The first round of the 2023 NBA playoffs is in full swing
• While the Celtics are cruising, the top-seeded Bucks are in trouble in the East against Miami
• See the updated odds to win each first-round series

Less than a week into the 2023 NBA playoffs, the odds have already undergone some seismic shifts, both the odds to win the NBA Championship and the prices for several first-round series.

The table below lists the updated odds to win each first-round series along with the current series score and opening series price.

Updated NBA First-Round Series Odds

The biggest swing in line movement comes from the Bucks vs Heat series. Milwaukee was the biggest first-round favorite before the first round commenced, but after dropping Game 1 (130-117) – and potentially losing Giannis Antetokounmpo for Game 2 due to a back injury – the Bucks’ odds have faded from a seemingly-inevitable -1200 to just -225.

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Odds from DraftKings Sportsbook on April 19.

Kings Favored After Taking 2-0 Lead on Warriors

The Sacramento Kings, playing their first postseason games in 16 years (since the 2006 playoffs), have ridden inspired fourth-quarter performances from De’Aaron Fox to a 2-0 series lead on defending-champion Golden State.

The odds to win the series, which heavily favored the Dubs (-290) at the outset, now see the Kings as -170 chalk.

As the series shifts to the Bay Area, oddsmakers are chalking up two wins for the Warriors. Golden State is currently a -215 moneyline favorite to win Game 3. The major issue for the Warriors is that they have been abysmal on the road all year (11-32 including postseason), and they will not only need to win all three of their home games, but also steal a game in Sacramento if they’re going to mount a comeback in the series.

Lakers Take Early Lead on Grizzlies, Odds Shift Heavily to Los Angeles

LeBron James and the Lakers put in a dominant second-half performance in Game 1 against Ja Morant’s Grizzlies, overcoming a 6-point halftime deficit and cruising to a 128-112 victory.

Encouragingly for the top-heavy Lakers, it wasn’t just James and Anthony Davis contributing on offense. Indeed, LA’s top-two scorers in Game 1 were Rui Hachimura (29 points) and Austin Reaves (23 points),

Before Game 1, the series price for Grizzlies/Lakers was the narrowest on the board, with Memphis listed as slight -140 chalk. After stealing home-court advantage, Los Angeles is now a heavy -295 favorite.

The Lakers are also listed as slight favorites to win Game 2 on Wednesday evening (-115/-105). If they do, expect Memphis’ odds to win the series to fade to double-digit territory.

Stay tuned to SBD’s NBA odds page for the latest odds for each postseason game, and track how the public is wagering with our NBA public betting splits.