Nets Addition of Abdur-Rahim Adds Value for Sports Bettors
Suddenly, the New Jersey Nets become contenders to win the Eastern Conference, which should have many a savvy sports bettor placing their future bets now.
Miami Beach, Florida (PRWEB) July 19, 2005 -- While certainly not considered
a bad team after the acquisition of Vince Carter last season, the Nets still
compete in a Conference with the likes of Miami and Eastern Conference Champions
Detroit. With Larry Brown reportedly stepping down as the Pistons head coach,
New Jersey can hone in exclusively on the Miami Heat and Mr. Shaq.
Realistically, of course, it is anybody's conference to win.
At press
time, New Jersey was listed with +1300 odds to win the 2006 Eastern Conference
at www.betwwts.com, an online
betting firm that trades on the Australian Stock Exchange. Miami featured odds
of +200. This translates into the potential for a $1300 payout for every $100
bet should New Jersey take the Eastern Conference.
BetWWTS bookmakers
early odds on the 2006 Eastern Conference Championship indicate that - aside
from Miami - Cleveland, Detroit and Indiana all have better odds of winning than
New Jersey.
But that may all change with the addition of Shareef
Abdur-Rahim, who has averaged 19 points per game and 8.1 rebounds per game for
his career.
As reported by Chad Ford of ESPN, a team source said the Nets
are very close to an agreement with Shareef Abdur-Rahim on a six year contract
worth roughly $38 million.
To make the deal work under cap rules, the
Portland Trail Blazers, who own Abdur-Rahim's rights, would have to agree to
sign him to the contract and then trade him to the Nets using a $5 million trade
exception that the Nets own. In return, the Nets would send a future first round
pick to the Blazers.
If the Nets are unable to get the Blazers to agree
to a sign-and-trade, Abdur-Rahim has agreed to sign with the Nets for their
mid-level exception at five years for about $28 million, according to the team
source. So, either way, it looks like the Nets will get their hands on
Abdur-Rahim.
Vegas oddsmakers and online bookmakers may be slow to react
since their focus this time of year is on other sporting events, not the
NBA.
Two big announcements made on Monday have potential implications on
both sides of the spectrum. Detroit's loss of Brown would be viewed as a
negative while New Jersey's acquisition of Shareef Abdur-Rahim is certainly seen
as a positive.
Abdur-Rahim might not be quite the same caliber of player
as a Kenyon Martin, who the Nets traded away for next to nothing prior to last
season. There is no doubt, however, he would fill in a void that not only allows
for rest of Jason Kidd but also helps to make for a "happy" Jason Kidd. While
the organization is not willing to admit it, they are all about satisfying
Kidd.
Current future betting odds on the New Jersey Nets may still hold
even better value should The Nets keep adding more quality players, assuming
they land Abdur-Rahim at the mid-level exception.
ESPN's Ford points out that
the next signing could be Kenyon Dooling.
Should the Nets win the Eastern
Conference title, the only thing stopping them from going all the way and
walking off with an NBA Championship title is - well - The Western Conference.
New Jersey does have NBA Finals experience and anything can happen, even if
beating the Spurs seems improbable right now.
And what are the current
odds of New Jersey winning an NBA Championship?
Publicly traded on the
London AIM, www.wallstreet.com has the Nets listed with 40 to 1 odds.
Should New Jersey win the 2006 NBA Championship, players like Abdur-Rahim, Jason
Kidd and Vince Carter walk away with rings while smart sports bettors walk off
with $4000 for every $100 they wagered.
These odds were only available
at press time and certainly will not last, which is why Gambling911.com decided
to alert its millions of faithful readers worldwide immediately after learning
of this immanent key player acquisition.
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Source : http://www.prweb.com/releases/2005/7/prweb263227.htm