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Odds Outlook: Raptors are favoured to beat the Heat

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Despite some extremely shaky play in the first round, sports books in Vegas haven't lost faith in the Raptors.

Dan Hamilton-USA TODAY Sports

Technically, the odds were in Toronto's favour to advance to the second round of the NBA playoffs throughout that whole rollercoaster series with the Indiana Pacers. But in typical Raptors fashion, they didn't make it easy on themselves, and no one could have predicted all of the twists and turns it took for the franchise to win its first-ever seven-game playoff series.

Up next are the Miami Heat, and sports books in Vegas are predicting some L's in their future. The Westgate Las Vegas SuperBook -- the top sports book in Sin City -- opened the Raptors as 5-point favourites for Game 1, which gets underway at the ACC on Tuesday. The over/under has been set at 191.5.

The Dinos, who were 50/1 to win the NBA title at the beginning of the postseason, now have a 40/1 shot to go all the way. The matchup nightmare of Paul George has been taken care of, and the immense weight of past first round failures is finally off their shoulders. I'm not trying to bombard you with hot takes about how the Raptors will hoist the Larry O'Brien Trophy in June, but I like their chances of getting there a lot more now than I did entering the Indy series.

Once again, things get interesting when examining the series price. The book has listed Toronto as a -165 favourite to advance to the Eastern Conference Finals, while the boys from South Beach have been tabbed with +145 odds.

That means if you wagered $100 on Toronto to win the series outright, you'd collect roughly $60. If you placed that same bet on the Heat, your reward would be $145. It's the lock of the century!*

Here's a look at every remaining squad's odds of winning the NBA title.

Golden State Warriors: Even money
San Antonio Spurs: 2/1
Cleveland Cavaliers: 3/1
Oklahoma City Thunder: 25/1
Toronto Raptors: 40/1
Miami Heat: 50/1
Atlanta Hawks: 60/1
Portland Trail Blazers: 150/1

What do you guys think? Do the books have it right in this case?

*Not actually the lock of the century