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
| Matchup | Current Series Odds | Series Score | Opening Odds |
|---|---|---|---|
| Bucks vs Heat | -225 / +180 | 0-1 | -1200 / +700 |
| Celtics vs Hawks | -5000 / +1500 | 2-0 | -1000 / +650 |
| 76ers vs Nets | -4000 / +1500 | 2-0 | -900 / +600 |
| Cavaliers vs Knicks | -115 / -105 | 1-1 | -200 / +160 |
| Nuggets vs Timberwolves | -900 / +600 | 1-0 | -500 / +375 |
| Grizzlies vs Lakers | +230 / -295 | 0-1 | -140 / +120 |
| Kings vs Warriors | -170 / +140 | 2-0 | +225 / -290 |
| Suns vs Clippers | -280 / +225 | 1-1 | -600 / +400 |
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.
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Sascha was a hockey player in his youth, a lawyer in his capricious mid-20s, and has been with SBD since 2014. He specializes in football, basketball, politics, baseball, and hockey.
