The Philadelphia 76ers and the 9,999:1 Bet

I’m not a betting man, but this is an intriguing betting story from Las Vegas. According to the AP, one Vegas bookmaker, LVH, has listed an astronomical 9,999 to 1 odds that the Philadelphia 76ers will win the NBA title in 2014:

As the NBA season tips off, the over-under for total wins for the 76ers this year is 16.5, the lowest of any team and the lowest that LVH sports book oddsmaker Jeff Sherman can remember putting up on any NBA team in the last decade or so.

That means optimistic Philly fans — assuming there are any for a team with only a handful of legitimate NBA players — can win money if they bet their team can win 17 games or more in the 82-game regular season. Conversely, those who think the 76ers are even worse than they look can cash in if the season win total is 16 or fewer.

“They’ve pretty much made it known in Philadelphia they’re trying to get the No. 1 pick for Andrew Wiggins and not holding back,” Sherman said. “Teams try for the draft pick sometimes late in the season, but they’re basically doing it the whole season.”

It gets even better for true believers. They can get astronomical odds of 9,999-1 if they want to wager at the LVH on the 76ers winning the NBA title.

“It was the highest number our computers would let us put in,” Sherman said.

The 76ers aren’t alone in chasing after Wiggins, who has NBA scouts drooling even though he he’s just beginning his freshman season at Kansas. Things are pretty dismal in the desert, too, with the Phoenix Suns posted as the next worst NBA team with an over-under total of 19.5 wins.

That’s your bit of sports trivia at your next party/social gathering.

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