Last Updated on Novembro 11, 2026 8:32 pm by Erwin Noguera
The Los Angeles Lakers have the best record in the NBA at 10-2. The market prices them thirteenth to win the NBA Cup, at 4%.
Philadelphia are 9-3 and have one of the best records in basketball. They are 1-1 in the Cup with a minus-nineteen-point differential, because point differential is the tiebreaker that decides who advances, and they lost by twenty-four to Cleveland.
Nineteen of the sixty group games have been played. Three teams are 2-0: Boston, Dallas, and Minnesota. Boston’s plus-53 is the best Cup differential in the tournament by twenty-one points.
And the final has left Las Vegas. After three years there, the championship game moves to Hinkle Fieldhouse in Indianapolis on Friday, December 11 (a 1928 college gymnasium), with the quarterfinals and semifinals now played in the higher seed’s home market.
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How It Works, and the Two Rules That Decide Your Bets
Thirty teams, six groups of five, three per conference. Each team plays the other four in its group, two at home and two away.
Eight advance: the six group winners, plus one wild card in each conference, awarded to the second-placed team with the best overall group record.
Rule one: point differential is a primary tiebreaker. That is not a footnote. It changes how teams play the last five minutes of a decided game; it makes blowouts more likely than in ordinary November basketball, and it means a club can win three of four and still go home.
Rule two: everything except the final counts. Group games and the knockout rounds go into the regular-season standings. The championship game does not. The winners get an extra game that never appears in their record, and the twenty-two clubs who do not qualify fill their calendars with two ordinary regular-season games instead.
For a bettor, those two rules point the same way: the totals and the spreads in Cup group games are not priced like regular November games, because the incentives are not the same.
The Calendar
| Data | Stage |
|---|---|
| October 30 | Group matchday 1 |
| November 6 | Group matchday 2 |
| November 13 | Group matchday 3 |
| November 20 | Group matchday 4 |
| November 24 – 25 | Thanksgiving-week Cup nights |
| November 27 | Group play ends |
| December 4 – 5 | Quarterfinals, at the higher seed |
| December 8 – 9 | Semifinals, at the higher seed |
| December 11 | Final, Hinkle Fieldhouse, Indianapolis |
The Six Groups After Two Matchdays
Records are Cup games only. The differential column is the one that decides ties.
East Group A
| Pos | Equipe | Cup record | Diferença | Games left |
|---|---|---|---|---|
| 1 | Pistões Detroit | 1-0 | +16 | 3 |
| 2 | Toronto Raptors | 1-1 | +7 | 2 |
| 3 | Orlando Magic | 1-0 | +7 | 3 |
| 4 | Milwaukee Bucks | 0-1 | -14 | 3 |
| 5 | Brooklyn Nets | 0-1 | -16 | 3 |
East Group B — the Group of Death
| Pos | Equipe | Cup record | Diferença | Games left |
|---|---|---|---|---|
| 1 | Cleveland Cavaliers | 1-0 | +24 | 3 |
| 2 | Miami Heat | 1-0 | +20 | 3 |
| 3 | Philadelphia 76ers | 1-1 | -19 | 2 |
| 4 | New York Knicks | 0-1 | -5 | 3 |
| 5 | Indiana Pacers | 0-1 | -20 | 3 |
East Group C
| Pos | Equipe | Cup record | Diferença | Games left |
|---|---|---|---|---|
| 1 | Boston Celtics | 2-0 | +53 | 2 |
| 2 | Washington Wizards | 1-1 | +9 | 2 |
| 3 | Atlanta Hawks | 1-0 | +7 | 3 |
| 4 | Chicago Bulls | 0-1 | -14 | 3 |
| 5 | Charlotte Hornets | 0-2 | -55 | 2 |
West Group A
| Pos | Equipe | Cup record | Diferença | Games left |
|---|---|---|---|---|
| 1 | Dallas Mavericks | 2-0 | +17 | 2 |
| 2 | Denver Nuggets | 1-0 | +7 | 3 |
| 3 | Houston Rockets | 0-1 | -5 | 3 |
| 4 | Fênix Sóis | 0-1 | -7 | 3 |
| 5 | Jazz de Utah | 0-1 | -12 | 3 |
West Group B
| Pos | Equipe | Cup record | Diferença | Games left |
|---|---|---|---|---|
| 1 | Minnesota Timberwolves | 2-0 | +32 | 2 |
| 2 | Oklahoma City Thunder | 1-0 | +31 | 3 |
| 3 | Pelicanos de Nova Orleans | 0-1 | -6 | 3 |
| 4 | Los Angeles Clippers | 0-1 | -26 | 3 |
| 5 | Memphis Grizzlies | 0-1 | -31 | 3 |
West Group C
| Pos | Equipe | Cup record | Diferença | Games left |
|---|---|---|---|---|
| 1 | Golden State Warriors | 1-0 | +17 | 3 |
| 2 | San Antonio Spurs | 1-0 | +15 | 3 |
| 3 | Los Angeles Lakers | 1-1 | -11 | 2 |
| 4 | Portland Trail Blazers | 0-1 | -6 | 3 |
| 5 | Reis de Sacramento | 0-1 | -15 | 3 |
O Mercado
Prediction-market pricing as of Tuesday, November 11:
| Equipe | Probabilidade | Fair odds | Overall record | Season differential |
|---|---|---|---|---|
| San Antonio Spurs | 19% | +426 | 9-2 | +129 |
| Boston Celtics | 15% | +567 | 9-2 | +129 |
| Pistões Detroit | 10% | +900 | 7-3 | +81 |
| Oklahoma City Thunder | 9% | +1,011 | 8-3 | +60 |
| Golden State Warriors | 7% | +1,329 | 8-3 | +101 |
| Houston Rockets | 7% | +1,329 | 8-3 | +100 |
| New York Knicks | 7% | +1,329 | 6-4 | +83 |
| Denver Nuggets | 6% | +1,567 | 5-4 | +7 |
| Minnesota Timberwolves | 6% | +1,567 | 8-3 | +122 |
| Miami Heat | 5% | +1,900 | 5-6 | -47 |
| Philadelphia 76ers | 5% | +1,900 | 9-3 | +12 |
| Los Angeles Lakers | 4% | +2,400 | 10-2 | +92 |
| Portland Trail Blazers | 4% | +2,400 | 7-3 | +70 |
Those thirteen sum to 104%, so there are four points of overround before you count the other seventeen clubs. Treat the percentages as relative, not absolute.
San Antonio have won nine straight after opening with defeats to Oklahoma City and Houston, and Victor Wembanyama is averaging 30 points and 12 rebounds on nearly 53% shooting. That is the case for a 19% favourite, and it is a good one.
Oklahoma City have fallen from 32% three weeks ago to 9%, and the reason is injuries: Jalen Williams, Chet Holmgren, and Cason Wallace. A reigning power at 9% is either a bargain or a correctly priced infirmary, and the market has decided which.
Where the Market Looks Wrong
Three prices stand out, and two of them are explained by the draw rather than by the teams.
The Lakers at 4% with the best record in the league. Los Angeles are 10-2, and Luka Dončić is averaging 40.1 points a game, on pace for the highest scoring average since Wilt Chamberlain in 1962-63. The price is not about the Lakers. It is about Group C, where Golden State and San Antonio are both unbeaten, and the Lakers are 1-1 with a minus-eleven differential after a seventeen-point loss to the Warriors. The market is pricing the path, and it is right to.
Detroit at 10% with one Cup game played. Detroit are 7-3 and the third favourite, which looks generous until you read their group. East Group A contains Milwaukee at 1-10, Brooklyn at 2-8, Orlando at 3-7 and Toronto at 5-5. It is the weakest group in the tournament by a distance, and Detroit’s price is a path price. That one is also right.
Minnesota at 6%, and this is the one we think is wrong. The Timberwolves are 8-3 with a plus-122 season differential (third-best in the NBA), and they are 2-0 in the Cup with a plus-32. They are priced level with Denver, who are 5-4 with a plus-seven.
The group explains it, and the group is the argument for them. West Group B is Oklahoma City, Minnesota, the Clippers at 2-8, New Orleans at 4-7, and Memphis. The only serious obstacle is a Thunder side missing three rotation players, and Minnesota already hold the head-to-head position with two wins banked and a plus-32.
Six per cent on the team most likely to top the group that contains the wounded favourite is the clearest value on this board.
The Group of Death Is Real, and the Numbers Prove It
East Group B: the New York Knicks, who last season became the first club to win the NBA Cup and the NBA Finals in the same year; Philadelphia, who added LeBron James and Jaylen Brown; Cleveland; Indiana; and Miami, who added Giannis Antetokounmpo.
Two matchdays in, this group has produced the two biggest swings in the tournament outside Boston’s.
Philadelphia beat the Knicks 98-93 and were then beaten 119-95 by Cleveland in LeBron James’s first return to Cleveland as a 76er. James scored eight points on 3-of-12. Joel Embiid scored six on 0-of-9 and failed to make a field goal for only the second time in eleven seasons.
Miami beat Indiana 145-125, which is a plus-twenty that may matter more in three weeks than it does now.
Here is the structural problem. Four of these five clubs are credible conference contenders, only one wins the group, and the East wild card goes to whichever second-placed team has the best record across all three Eastern groups. That wild card will probably be decided between a 3-1 team from this group and a 3-1 team from the weakest group in the tournament, and the tiebreaker is differential.
Philadelphia’s minus-nineteen, from one bad night, is the most expensive number on the board.
O que faríamos
Minnesota at 6% is the bet. Two wins, a plus-32, the third-best season differential in basketball, and a group whose only real rival is missing Jalen Williams, Chet Holmgren, and Cason Wallace. At a fair price near +1,567, that is a position worth taking before the Thunder get healthy.
San Antonio at 19% is the correct favourite, and we would not fade it. Nine straight wins, a plus-129 differential level with Boston’s, and Wembanyama at 30 and 12. The only caution is that Golden State lead their group on differential and San Antonio have three games left to pass them.
We would not touch the Lakers at 4%, and we would not call it value. A 10-2 team priced thirteenth looks like an error until you see that they are third in their own group with a negative differential. The record is real; the path is the problem.
And the discipline for Friday: point differential is a tiebreaker, so late-game behaviour changes. Teams that are already beaten keep starters on the floor, and teams that are winning keep scoring. If there is an edge in Cup group games, it is on the overs and on the big favourites covering by more than the number suggests, not on the outright board, where nineteen of sixty games is far too small a sample to price a tournament.
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