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RE: HOUSTON ROCKETS look great at 12:1 odds
They do look good actually. 12/1 odds for a team like the Rockets definitely is great value. It's just tough to put any $ on a team other than the Warriors coming out of the West. Just don't think they will succeed especially in the first year together.
Sure, but remember GSW could be a single injury away from not competing, right? (Durant, Curry, Green)
Also, the disparity in the odds is the advantage, not that Houston has a higher probability to win.
You can always bet on GSW towards end of season, and the odds aren't going to get much worse.