Pelicans’ Future Odds Improving as Season Progresses

Although bounced in the first round of the playoffs last year, the New Orleans Pelicans’ future odds were respectable to start the new season, considering they only compiled 36 regular season wins in their 2021-22 campaign. Their six-game dog fight playoff loss against the title contending Suns and resigning often-injured, high-potential star Zion Williamson to a rookie max contract extension was enough to swing the pendulum in the right direction for the franchise as far as Vegas was concerned.

With experience under their wings and Zion appearing to be healthy, the top online sportsbooks took notice and rolled out a Pelicans’ future odds betting line of 44.5 wins — a nine-game jump from their win total last year. The Pelicans also received favorable odds to make the playoffs, ranging from -165 to -205 to start the season. However, the lines that matter most to their fans with O’Brien Trophy aspirations (conference and championship odds) reflected that the sportsbooks didn’t see them as much of a threat to win it all.

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Pelicans’ Future Odds Jump Nearly 1,000 Points on Multiple Lines

Since the first jump ball of the regular season, expectations have improved significantly for the Pelicans. Nearly a quarter into the season, the Pelicans sit fourth in the Western Conference rankings at 11-8, atop contending division rival Dallas Mavericks and one spot below their other competitive division foe the Memphis Grizzlies. As far as the eye test goes, no team in the conference has established itself as the team to beat, and it appears that reality and the Pelicans’ early success has turned a few heads in the betting world.

Updated Pelicans Postseason Odds

Odds to Win the Southwest Division

 DraftKingsCaesarsFanDuel
Pelicans Southwest Division Odds+190+175+230

The Pelicans’ future odds to win the division before the season started is a distant memory as their current odds have jumped between 120 to more than 200 points depending on the site, making this a good bet to keep your eyes on. The Mavericks currently sit 10 in the western conference and are flushed with challenges they will be hard pressed to alleviate without a trade, which would be a challenge considering what they have available to offer.

The division favorites, Memphis Grizzlies, are a half game up on the Pelicans at the moment but have compiled the bulk of their wins against sub-par competition. Health is going to be a major determining factor on who takes the division. If — and that’s a big if — the Pelicans are not without Williamson, CJ McCollum and Brandon Ingram for large portions of the season, the Pelicans have a great shot at making this bet lucrative for those who take a chance on them. How likely is that? Currently, McCollum and Ingram are both injured, so do with that what you will.

However, health is also a concern for the Grizzlies, whose star Ja Morant hasn’t played a full season since entering the league four years ago and has already been injured this season.

Odds to win the Western Conference

 DraftKingsCaesarsFanDuel
Pelicans Western Conference Odds+1200+1000+1500

Odds to win the NBA Finals

 DraftKingsCaesarsFanDuel
Pelicans NBA Championship Odds+2800+2200+3600

The Pelicans’ title odds have seen as much as a 1,900-point jump, and their western conference title odds have jumped nearly 1,000 points across the major sportsbooks after their performance to date.

What does this mean for the Pelicans?

Although they have just the seventh highest odds to win the conference at the moment, they currently sit higher than various teams ahead of them on betting lines and appear to be a tough matchup for higher favorites when healthy.

It’s early in the season and things change rapidly, but the Pelicans are shaping up to cause a lot of chaos come playoff time. They are definitely a team to keep your eyes on as the season progresses.

Looking to place a bet on the Pelicans after reviewing their updated odds? Check out these sportsbook promo offers for November in Louisiana.

Icon Sportswire Photo/Stephen Lew

About the Author

David Fletcher

David Fletcher is a freelance writer for Catena Media. He has a bachelor’s degree in journalism from Stephen F. Austin State University and is currently employed full-time in a senior corporate communications role for a top 20 accounting firm. He also has nearly a decade of experience covering high school sports and local news for multiple small daily newspapers, and professional and collegiate sports in the Houston area for a start-up sports reporting organization. He is a big fan of the Houston Astros, Houston Rockets, and, unfortunately, according to him, the Houston Texans. He enjoys bringing his love of sports and writing to the gaming industry to provide insight into quality sports bets.