Houston Rockets: Betting Odds to Make the NBA Playoffs

Houston Rockets and their betting odds to make the 2023-24 NBA playoffs. The Rockets are off to a good start but are underdogs to make the postseason.

By Erik Drost - https://www.flickr.com/photos/edrost88/51761771845/, CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=137891578

The Houston Rockets went 0-3 to start the season. If you are familiar with the franchise's recent history, then you had to be thinking "Here we go again" following last year's dismal regular season result. However, Houston has gone 6-0 since their 0-3 start. A six-game winning streak is definitely head-turning when it comes to the Houston Rockets. We just have not seen that kind of life out of them in recent seasons. They finished the weekend with a win over the defending NBA champions, the Denver Nuggets. Houston is now 6-3 and appears to have a season with some promise.

Houston Rockets: Odds to Make the NBA Playoffs

The Houston Rockets are +475 to make the 2023-24 NBA playoffs. If you took a simplified look at the team, then there is no way a 6-3 team could be considered to be that long to make the playoffs. The most likely explanation as to why Houston is priced that is simply that they were underdogs during the preseason, in fact, at any time before their current winning streak. Accordingly, they did not take in many bets.

But Houston should be afforded more credibility than what +475 suggests. In their current winning streak, they have some really convincing spreads. The win over Denver was just a three-point spread. But the Rockets went +32 on the Lakers, +25 on the Kings on one night, and +18 on the Kings on another night. If that doesn't change your mind about whether or not this is at least an average team in the NBA, then what will?

True Odds to Make the Playoffs

The betting odds say that the Rockets are +475 to make the playoffs. Expressed differently, that would mean 19 to 4. They could be presented as 2 to 1, or +200. They certainly are not a lock to make the playoffs just because of a winning streak and a win over Denver. But +475 looks like a great pick for value right now.

You could argue that an injury to the wrong player ruins the Rockets. However, similar statements could be made about a lot of teams in the NBA. With Houston, the best player so far is Alperen Sengun. He is having a surprising season in his third season in the NBA.

Dillon Brooks has not been great with Houston so far. Also, the jury should be out on Fred VanVleet right now. Down in the depth chart, there's Victor Oladipo. If he returns to full health and plays well -- which are big ifs in my opinion, then Houston could actually be dangerous.

At present, you can't argue with the team's results. The cookie crumbles hard and fast for this team if Sengun picks up an injury. But +475 accounts for the risk for sure, in my opinion. Bettors should be taking that line before it starts to shorten.