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Lin’s Win Streak Has Vegas Cutting Knicks’ Odds

 
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hurricanemaxi



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PostPosted: Wed Feb 15, 2012 9:33 pm    Post subject: Lin’s Win Streak Has Vegas Cutting Knicks’ Odds Reply with quote

Jeremy Lin has sparked a winning streak in New York that’s prompted sports books to slash the Knicks’ odds of winning the National Basketball Association championship by more than 50 percent.

The Las Vegas Hotel & Casino lowered the Knicks’ chances of collecting their first NBA title since 1973 to 25-1. The Knicks’ future odds had been 50-1 before Lin was inserted into the starting lineup five games ago.

The former Harvard University point guard has since become the only player to score more than 20 points and win each of his first five starts since the NBA merged with the American Basketball Association in 1976. The Knicks have won six straight games overall to improve their record to 14-15.

“They’ve been supported in the last week pretty heavily so the liability adds up,” Jeff Sherman, the LVH assistant sports book manager, said in a telephone interview. “Between the Lin phenomenon, the Knicks on a winning streak, bettering their position and the money we’ve seen coming across the window, it’s a combination that causes them to go down.”

Although the Knicks are in eighth place in the Eastern Conference, their championship odds at LVH are now eighth among the league’s 30 teams.

Lin has been the impetus, revitalizing a team that’s been without All-Star forwards Carmelo Anthony and Amar’e Stoudemire for much of the winning streak. Anthony has totaled six minutes in the past five games because of a groin strain, while Stoudemire returned to the Knicks yesterday after a four-game absence following his brother’s death.
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