Knicks Lose To Heat In Game Two
As the Knicks lost 104-94 Monday night against the Miami Heat, fans began to ask if New York's 2012 postseason run is dead already. REUTERS

The NBA Playoffs are all set after a shortened 66-game season and will begin on Saturday afternoon.

The first round matchups in each conference are as following:

Eastern Conference:

No. 1 Chicago vs. No. 8 Philadelphia

No. 4 Boston vs. No. 5 Atlanta

No. 3 Indiana vs. No. 6 Orlando

No. 2 Miami vs. No. 7 New York

Western Conference:

No. 1 San Antonio vs. No. 8 Utah

No. 4 Memphis vs. No. 5 Los Angeles Clippers

No. 3 Los Angeles Lakers vs. No. 6 Denver

No. 2 Oklahoma City vs. No. 7 Dallas

With the matchups all set, the NBA Playoffs betting odds have been updated.

NBA Title Odds, via Pregame.com

Miami Heat (2 to 1)
Chicago Bull (4 to 1)
Oklahoma City Thunder (9 to 2)
San Antonio Spurs (5 to 1)
LA Lakers (15 to 1)
Boston Celtics (25 to 1)
Memphis Grizzlies (30 to 1)
LA Clippers (35 to 1)
NY Knicks (40 to 1)
Dallas Mavs (45 to 1)
Indiana Pacers (50 to 1)
Denver Nuggets (90 to 1)
Atlanta Hawks (125 to 1)
Philadelphia 76ers: (180 to 1)
Orlando Magic: (180 to 1)
Utah Jazz (200 to 1)

Eastern Conference Odds, via Bovada

Miami Heat 4 to 5

Chicago Bulls 8 to 5

Boston Celtics 10 to 1

Indiana Pacers 16 to 1

New York Knicks 18 to 1

Atlanta Hawks 35 to 1

Philadelphia 76ers 50 to 1

Orlando Magic 60 to 1

Western Conference Odds, via Bovada

Oklahoma City Thunder 1 to 1

San Antonio Spurs 2 to 1

Los Angeles Lakers 7 to 1

Memphis Grizzlies 10 to 1

Los Angeles Clippers 14 to 1

Dallas Mavericks 16 to 1

Denver Nuggets 35 to 1

Utah Jazz 80 to 1