Find line reports, best bets, and subscribe to push notifications in the Betting News section.
After sitting +500 to win the NBA title, the Nets plummeted to +250 at theScore Bet, according to Jay Rood, Bet.Works' chief risk officer and theScore Bet's head trader. They are now favored to win the East (+150) and co-favorites atop the title oddsboard with the Lakers.
Harden's arrival in Brooklyn marks a reunion with Kevin Durant after the two previously played together with the Thunder. Along with Kyrie Irving, they form a video game-type offensive trio for first-year head coach Steve Nash.
We mentioned the Nets as a team on the rise in the futures market earlier in the week; now they land an eight-time All-Star and former MVP, bettering their chances of plowing through the East and reaching the NBA Finals.
(Odds source: theScore Bet)
Alex Kolodziej is a betting writer for theScore. He's a graduate of Eastern Illinois who has been involved in the sports betting industry for 12 years. He can quote every line from "Rounders" and appreciates franchises that regularly wear alternate jerseys. Find him on Twitter @AJKolodziej.