The summer of 2010 has been billed as the biggest free agency summer in the history of NBA betting –if not in the history of online wagering- for years now. And whether or not the frenzied action lived up to the colossal hype or not is debatable but the winners and losers in this spectacle have so far been very clearly defined.
If you made an online wager that LeBron James would have ended up with the Miami Heat a month ago you would have come out much the richer with an online wagering payout of 130 to 1. The Heat, as everyone who knows anything about the NBA online wagering was without a doubt the big time winner in the competition for NBA betting free agents. To make an online wager that James, Dywane Wade and Chris Bosh, the three most coveted free agents in basketball betting, would end up on the same team would have resulted in an astronomical payout as no one thought it possible.
But it did happen and now Pat Riley and his people are the unrivaled winners in the biggest offseason in NBA betting history.
There are losers as well in this battle for the best players on the planet and it includes just about every other team in the NBA online wagering competition. But the biggest loser so far has been the New York Knicks franchise. This team has suffered through a decade of NBA betting futility and anyone that has made an online wager on this team has lost money on this underachieving group. The team did manage to make the first big splash in the free agent scramble by signing Amare Stoudamire.
But Stoudamire seems like the only prize they’ll get. And for team that has been leveraging its success for this moment for the past three years they’ve got almost nothing to show for their sacrifice.
Stoudamire is fine player but he’ll be worth five additional wins in the NBA online wagering action at best. The team also brought in PG Raymond Felton, but who cares? This is still an awful team and with recent loss of their best player, David Lee, the Knicks might soon find out that Lee is actually a more productive player than the $100 million Stoudamire when he’s not playing with superstar Steve Nash.