Sportsbooks Disagree On Kyrie Irving Trade Impact

Sportsbooks Disagree On Kyrie Irving Trade Impact

The Kyrie Irving trade everyone was waiting for finally happened last night. Cleveland and Boston, the two eastern conferences front-runners, swapped star point guards and so far the deal has been meet with indecisiveness from oddsmakers and fans alike.

Although the Celtics are receiving a superstar talent in Irving, they don’t appear to be overly ecstatic with what they had to give up. Not only did Boston have to part ways with their fan-favorite little man Isaiah Thomas, they also had to get rid of their Brooklyn Nets draft pick which could yield a number one pick in what appears to be a stacked draft class. They also lost some important depth players in Jae Crowder and the promising young center Ante Zizic.

Oddsmakers also seem a bit wishy-washy about the trade.

Last night, Jeff Sherman of the Westgate Superbook in Vegas reported that they didn’t even move their NBA title odds at all. Not all books agreed, though.

NBA Title Odds

 WestgateBookmakerBetOnline5Dimes
BostonBefore: +1000
After: +1000
Before: +925
After: +885
Before: +1000
After: +600
Before: +1150
After: +750
ClevelandBefore: +400
After: +400
Before: +485
After: +470
Before: +475
After: +500
Before: +540
After: +515

Bookmaker, perhaps the sharpest offshore book, increased both teams’ odds a little bit. 5Dimes, another sharp offshore book, also believes the trade was a win-win, but much more so for the Celtics. BetOnline also thinks this deal helped the Celtics a ton, but slightly hurt the Cavs.

While Westgate didn’t move their odds right after the deal, they have moved their eastern conference title odds over the past 12 hours.

Eastern Conference Title Odds

 WestgateBetOnline
CelticsBefore: +250
After: +200
Before: +250
After: +175
CavsBefore: -175
After: -150
Before: -155
After: -140

While their chances at downing the Warriors have stayed put, the Celtics odds of making the finals have improved about 5% according to the Westgate.

Stay tuned as bettors react and move the odds accordingly. There will likely be some growing pains for both teams because “super teams” have historically taken some time to gel. The Celtics, especially, could start off slow considering they only have four players left from last season’s roster.

Follow us on Twitter @SportsInsights for more trade fallout news over the coming weeks.

Mark Gallant

I'm the guy who does his job. You must be the other guy.

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