Gone Fishin’: Borgata gambler loses 335K on Lakers series bet

After the Lakers won Game 3 to take a 2-1 series lead, a Borgata bettor risked $335,000 on the Lakers (-335) to win $100,000. He or she lost the series bet last night when Phoenix advanced.

The NBA Finals betting market has shifted following the Lakers departure from the playoffs on Thursday night.

Los Angeles has had the second-shortest title odds since Brooklyn acquired James Harden. Anthony Davis tried to give it a go in Thursday’s elimination game, but he was unable to make it through the first quarter.

With the Lakers loss, one Borgata Sports bettor in New Jersey took a huge hit. He or she had wagered $335,000 on Los Angeles (-335) to win the series following Game 2.

Phoenix was 25/1 to win the Western Conference one week ago, but it has now jumped to +200 as of Friday morning. The Suns went from 60/1 to 6/1 to win the NBA Finals.

Brooklyn got past Boston in five games and has seen its title odds move from +190 to +170. The Nets opened at -220 to beat Milwaukee in an intriguing second-round series. They are four-point favorites for Saturday’s series-opener.

Now that LeBron James and Co. are out of the mix, Utah has moved into second position in the NBA futures market. The Jazz are the No. 1 seed in the Western Conference and are +320 to win the Finals. They are the +125 ‘chalk’ to win their conference.

Dallas will be hoping to close out its series against the Clippers in Game 6 on Friday night. The Mavericks are +120 to pull the upset, but they are -180 to win the series at DraftKings.

In an interesting twist, the Clippers still have better title odds. They are 11/1 to win the Finals, while Dallas is a 33/1 longshot. Los Angeles is +650 to win the Western Conference and Dallas is 13/1.

A BetMGM customer won the biggest single-game bet of the season in Game 5, wagering $400,000 on the Mavericks at +250. The bet cashed for a cool $1 million when Dallas picked up the 105-100 win as a 7.5-point underdog.

Philadelphia is 10/1 to win the title and Atlanta is 33/1. There are several monster futures bets on Atlanta at various sportsbooks. The biggest is $20,000 on the Hawks at 100/1, which was placed at DraftKings.

BetMGM took a $10,000 ticket on Atlanta at 150/1 and also accepted a $7,000 wager at 80/1.

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