Knicks Comeback Turns Game 5 Into a Price Trap
By SBA | Published June 11, 2026
The Knicks just turned the NBA Finals into a market psychology test. New York beat San Antonio 107 to 106 in Game 4 after trailing by 29 points, completing the largest comeback in NBA Finals history and moving within one win of its first title in 53 years.
That kind of result creates two stories at once. The public sees the comeback, the Madison Square Garden finish, and the 3 to 1 series lead. The market still sees San Antonio as the cleaner power rating team, which is why Game 5 opened with the Spurs favored by 5.5 points back home.
The comeback was historic, not just dramatic
San Antonio controlled the first half. ESPN noted that the Spurs had the largest first quarter lead by a road team in Finals history and the largest halftime lead by a road team in Finals history. Early in the third quarter, that lead hit 29.
The game still flipped. Jalen Brunson scored 36 points and gave New York the late creation it needed. OG Anunoby had the full moment, scoring 33 points, hitting 7 of 9 from three, blocking De'Aaron Fox late, then tipping in the winner.
That is not normal comeback noise. ESPN Analytics had San Antonio at 99.6 percent win probability when the Spurs led by 20 with 9:33 left. New York won anyway.
Why the Game 5 spread matters
The first instinct is to say the Knicks have all the momentum. They probably do. They also lead 3 to 1, and teams with that kind of Finals lead almost always finish the job. The betting board is more complicated.
Oddsmakers still installed San Antonio as a 5.5 point home favorite for Game 5. That number tells us the market is separating series control from single game strength. New York has won three games, but two of them were one point results and every game after Game 1 has been within single digits.
That is where bettors can get trapped. If you only bet the story, you see Knicks moneyline and parade talk. If you only bet the power number, you ignore the emotional damage of giving away a 29 point lead in the Finals.
SBA takeaway
Game 5 is not just a closeout spot. It is a discipline spot. The Knicks have earned respect because they keep surviving the exact situations that usually break teams. San Antonio still has the home court number, the talent profile, and the market's backing.
My Bet Assist readers should treat this as a price versus pressure game. New York can absolutely close. San Antonio can absolutely cover. The edge comes from not pretending those are the same bet.
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Related reading:
Knicks Spurs Game 4 Is a Finals Market Stress Test
Spurs Game 3 Win Reopens Finals Price
Knicks 2 0 Lead Changes Finals Math