Phoenix Suns’ NBA Championship Liability is Becoming a Scary Reality for Sportsbooks

Phoenix Suns’ NBA Championship Liability is Becoming a Scary Reality for Sportsbooks article feature image
Credit:

Christian Petersen/Getty Images. Pictured: Phoenix Suns point guard Chris Paul #3.

On the cusp of potentially knocking the Los Angeles Lakers out of the NBA Playoffs, the Phoenix Suns are now turning into an increasing liability for sportsbooks.

Playoff Promos: $200 if LeBron scores, more!

Bet $20, Win $200 if LeBron scores a point!

Bet $30, Win $300 if the Lakers win tonight!

And more …

FanDuel

“The Knicks would have been the worst result for our book,” said John Sheeran, director of risk and trading at FanDuel. “Most of our exposure is in the East with the new 76ers and the Nets, but the Suns are the second-biggest liability for us in the NBA Championship outright market right now (behind Philadelphia).”

Sheeran said FanDuel has a seven-figure liability on the Lakers. But, elimination comes with mixed feelings, he says, because he knows having LeBron James in the NBA Playoffs would increase betting.


PointsBet

For PointsBet, the bets combined with the longer odds initially made the Suns their top liability to win the Western Conference. After the Suns’ Game 5 win against the Lakers in Phoenix, PointsBet adjusted the Suns’ odds to win the Western Conference from 5/1 to 4/1 and moved the Suns’ title odds from 12/1 to 10/1.



Westgate Superbook

When the Westgate Superbook in Las Vegas opened its 2021 NBA title odds on Sept. 19, there were 13 NBA teams that were deemed more likely to win than the Phoenix Suns:

  1. Los Angeles Lakers (7/2)
  2. Los Angeles Clippers (4/1)
  3. Milwaukee Bucks (6/1)
  4. Boston Celtics (12/1)
  5. Golden State Warriors (12/1)
  6. Brooklyn Nets (14/1)
  7. Miami Heat (16/1)
  8. Toronto Raptors (20/1)
  9. Denver Nuggets (20/1)
  10. Houston Rockets (20/1)
  11. Philadelphia 76ers (30/1)
  12. Dallas Mavericks (30/1)
  13. Portland Trail Blazers (30/1)

The Phoenix Suns opened at 40/1, along with the Jazz and Pelicans.

The Suns are now at 14/1.

The must-have app for NBA bettors

The best NBA betting scoreboard

Free picks from proven pros

Live win probabilities for your bets

2021 Phoenix Suns Chasing Franchise History

A win on Thursday would put the Suns in the Western Conference semifinals to play the winner of the Nuggets vs. Trail Blazers series. The Suns most recently made a Western Conference semifinals appearance during the 2009-10 season, when they knocked off the San Antonio Spurs.

They have not played for the NBA Championship since 1993, which they lost in six games to the Chicago Bulls. The franchise has never won it all.

How would you rate this article?

Top Offers

The must-have app for sports bettors
GET THE APP
The fastest way to find the best bets
TRY FOR FREE
The most innovative betting software
TRY FOR $19.99
Industry-leading DFS tools
START TRIAL
Action Newsletter
Sign Up >
The top betting news and picks for all the big games delivered directly to your inbox daily.
Action Podcasts
Listen >
The award-winning Action Network Podcast covers all angles of betting and DFS from industry-leading pros.
Betting 101
Bet Smarter >
New to betting? No sweat. Check out our betting education hub, which ranges from beginner tips to advanced strategies.
Sports Betting Legalization
Predictions >
When will sports betting be legal in your state? Check our our projections for all 50 states.
Betting Calculators
Try Now >
Easily calculate your winnings for straight bets and parlays using American, Decimal, or Fractional odds.
Expert Picks
Best Bets >
See all of the bets Action Network experts are making in real-time, covering the big games and the hidden gems.