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Case Study: How Underdogs Can Engineer Playoff UpsetsDecoding odds and what makes a team an underdogOdds are the betting market’s quick‑look gauge of public perception. A low number (e.g., -300) means the crowd expects a win, while a high number (e.g., +500) signals an underdog. But odds only capture what bettors know, not hidden strengths like a deep bench or a new defensive scheme. The 2026‑27 NBA odds list shows the Knicks as the top‑loaded Eastern Conference favorite, while six Western teams have already locked in playoff spots. Those numbers don’t reflect the fact that a team sitting just outside...