Odds are via sportsoddshistory or basketball reference.
https://www.basketball-reference.com/playoffs/series.html
https://www.sportsoddshistory.com/nba-playoffs-series/?y=0000&o=s
If all 15 series are won by the favorite resolves to the smallest favorite.
If tied resolves 50/50.
Historical data:
2024: IND (6) vs NYK (2): +220
2023: MIA (8) vs MIL (1): +750
2022: DAL (4) vs UTA (5): +245
2021 (tie) : MIL (3) vs BKN/PHX (2): +160
2020: DEN (3) vs LAC (2): +850
1,000Wish this market had more traders.
Wolves beat the Lakers as ~38% underdogs and took the lead in this market
then Pacers (~20%) went up 2-0, then Knicks (~15%), then Nuggets (~15%) up 2-1, Pacers complete the upset so now it's up to whether the Celtics can pull off the 3-1 comeback without Tatum or else it likely resolves to the Knicks
@strakeIscool so 80% chance of Wolves beating the Lakers as a +165 underdog x 90% chance none East top 3 seeds get upset x 60% chance OKC makes finals x 65% chance Cavs and Celtics meet in ECF.
Ok 30% is pretty fair