Heat still the title favorite, but Lakers move to second

If championships were awarded by Las Vegas in August, we'd have ourselves quite the showdown between the Heat and Lakers.

After dealing Andrew Bynum to Philadelphia in a four-team trade that brings Dwight Howard to the Los Angeles, the Lakers have moved from the middle-of-the-pack to an NBA title favorite.

Via Bovada.lv, the Lakers have moved overnight from 10/1 to 3/1, only putting them behind the Heat.

The 76ers moved up too, going from 40/1 to 25/1. The Nuggets saw their odds drop from 30/1 to 35/1 and the Magic crashed hard, going from 25/1 to 40/1. Which still seems far, far too high.

The Lakers' over/under on wins is 58.5, the 76ers 49.5, the Nuggets, 48.5 and the Magic 31.5.

The current five favorites are the Heat (5/2), the Lakers (3/1), the Thunder (11/2), the Bulls (9/1) and the Spurs (14/1).