The Los Angeles Lakers attracted more betting money than any other NBA team to win the Finals before their unexpected playoff exit. Despite being strong favorites against the Minnesota Timberwolves, the Lakers lost the first-round series. Their title odds had significantly improved following the Luka Doncic trade, with substantial betting support leading up to the playoffs. Once in the playoffs, one significant wager of $100,000 on the Lakers reflected their popularity among bettors, despite their subsequent downfall, leaving bettors disappointed as shares of bets were lost.
Entering the playoffs, more money had been wagered on the Los Angeles Lakers to win the Finals than any other team at multiple sportsbooks.
The Lakers bowed out of the NBA playoffs Wednesday, losing to the Minnesota Timberwolves in a five-game, first-round series.
The Lakers' title odds shortened from 40-1 to 13-1 at some sportsbooks after the blockbuster trade for Luka Doncic.
Almost 50% of all the bets were on the Lakers, indicating the strong betting support they received throughout the season.
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