Odds courtesty of Bodog.

The off season hasn't even gotten into full swing yet and we are staring a lockout straight in the face but Bodog has the latest odds out for next season and who might take the championship. The Miami Heat unsurprisingly come in as the favorite with 5/2 odds to take the title. The Lakers are a 11/2 followed closely by the Chicago Bulls at 6/1. The reigning 2011 Champion Dallas Mavericks come in as a 10/1 favorite to repeat. The Boston Celtics who retain their championship core but are thin up front check in with 12/1. 

Atlanta is a 40/1 pick along with the Denver Nuggets and Memphis Grizzlies. 

Here are the championship odds for the Southeast Division:

Miami Heat - 5/2
Orlando Magic - 22/1
Atlanta Hawks - 40/1
Charlotte Bobcats - 75/1
Washington Wizards - 100/1

The Toronto Raptors come in with the longest odds 150/1 of taking home next season's championship.