Commentary

Miami Heat repeat? Not so fast

Updated: March 25, 2013, 3:15 PM ET
By Kevin Pelton | ESPN Insider
Some three months before the NBA Finals conclude, the Miami Heat feel like heavy favorites to claim the Larry O'Brien trophy. Not only are the Heat the defending champs, not only do they have the league's best record, but they're also in the midst of a winning streak -- now at 26 games after Sunday night's win over the Charlotte Bobcats -- unprecedented in the past four decades. So Miami versus the field (the other 29 teams) to win it all should be a no-brainer, right? Maybe not.

According to Vegas.com, the gambling odds on Miami winning the championship are about even: 10-11, which means that a gambler betting on the Heat would win $10 for each $11 they risked. To be willing to make the bet, you would have to think that Miami should win the championship more than 52.3 percent of the time.