Only four teams left in the quest to become the champs of the basketball world heading into the Eastern and Western Conference Championship series which begin on Sunday.

With the dismissal of the Cleveland Cavaliers from the postseason, the Orlando Magic (+120 at Diamond Sportsbook) are now the favorite to win it all. And why not? HC Stan Van Gundy’s team has won all eight of its playoff games and just ditched the Hawks by a combined 101 points. The Magic are now 14-0 SU and 12-2 ATS in their L/14 games overall dating back to the regular season, and they haven’t been beaten since the beginning of April. If Boston thinks it is winning this series, it is going to have to buck a very telling trend that is on the side of the men from the Sunshine State. Orlando hasn’t lost back-to-back games since January 18th. That’s 49 straight games without two losses in a row.

As you can plainly see, the Boston Celtics (+600 at Diamond Sportsbook) are deservedly one of the two longest shots on the board to win it all. It’s going to be hard to see how the C’s can get the job done against the Magic. However, Boston did win four out of five games against the team that was easily the favorite to take it all in the Eastern Conference Quarterfinals. G Rajon Rondo has made a name for himself in these playoffs, especially with his triple-double in Game 4 against Cleveland. The Kentucky product has averaged 18.0 points, 11.1 assists, and 6.3 rebounds per game in the playoffs, and no one is questioning the fact that he has been the MVP of the team to date.

In the Western Conference, both teams are coming off of impressive clean sweeps of their foes.

The Phoenix Suns (+625 at Diamond Sportsbook) are the decided underdog to reach the NBA Finals. The Suns swept away the San Antonio Spurs in a series that many thought they were going to lose. HC Alvin Gentry has really gotten his squad together, as he is getting great contributions off of the bench and his starters are continuing to carry the load. F Amare Stoudemire has passed his biggest test to date, as he dominated the paint against F Tim Duncan and the Spurs. Now, he’ll need to take on the team that has arguably had the best inside presences in these playoffs.

In all likelihood, the Los Angeles Lakers (+130 at Diamond Sportsbook) are going to be short underdogs to win the NBA Championship if they run into the Magic in the Finals, which isn’t something that many saw as possible just a few weeks ago. LA rebounded from its iffy series with the Thunder by completely annihilating Utah in four games. G Kobe Bryant has been the subject of a lot of criticism, but he has fired back with five straight fantastic games. Kobe has scored at least 30 in all five and has averaged 32.0 points per game in that stretch. If Bryant can continue his assault on the basket, things are going to be very, very difficult for a Phoenix team that knows that it must shut him down to succeed.

Odds to win 2010 NBA Championship @ Diamond Sportsbook (as of 5/15/10):
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Orlando Magic +120
Los Angeles Lakers +130
Boston Celtics +600
Phoenix Suns +625