New odds are out and the Miami Heat are a longshot to win the NBA title.

Bovada has the Heat listed as 40/1.

Miami is tied for 10th with the Pacers and Blazers.

The Heat are 16/1 to win the East.

LeBron James and the Cavs are the favorites to win the title.

They are followed by last season's champs, the San Antonio Spurs.