2022 NBA Title Odds: Lakers Championship Futures Plummet to New Low Following Blowout Loss to Pelicans

The Los Angeles Lakers were preseason contenders. Now, the betting market views them as nothing more than a middle-of-the-pack ball club.

Following Sunday's 28-point home loss to the New Orleans Pelicans, the Lakers' title odds tumbled to a new season-long of 49-1.

2022 NBA Title Odds

*via FanDuel

Despite LeBron James' MVP-caliber campaign through the first half and change of the season — he's posting 29.0 points, 7.9 boards and 6.3 assists per game — the Lakers seemingly can't figure it out.

They've dropped both games post-All-Star break and five of the last six overall, sitting 27-33 entering the week. Los Angeles are currently the ninth seed in the Western Conference.

For context, the Lakers opened the season +400 to win the championship — right behind the Nets' number of +225 as second-best in the league. Just two weeks ago, the Lakers were priced at 18-1 to win the whole thing.

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Sunday's defeat to New Orleans marked the third straight outright loss for the Lakers in the favorite role. They've been burning bettors all year with a 26-34 record against the spread (43.4%), the third-worst clip in the West.

If you're a believer and want to grab the Lakers at a discount, 49-1 is the best you'll find. Otherwise, we've seen the number as low as 28-1 at other shops.