Wednesday's NBA Draft Lottery (ESPN, 8 ET) sees the Charlotte Bobcats with the best odds at acquiring the top selection (25.0 percent) after finishing 7-59 on the season. But the worst record hardly secures the top pick, as just last year the Cleveland Cavaliers won the Draft Lottery with only a 2.8 percent chance.
In addition, since the lottery moved to its present format in 1994, the team with (or tied for) the best odds has won just three of the 18 lotteries: Philadelphia 76ers in 1996 (Allen Iverson), Cavaliers in 2003 (LeBron James) and Orlando Magic in 2004 (Dwight Howard). By comparison, the teams with the third and fifth-best odds have won four times.
It is new territory for the Bobcats franchise. Since joining the NBA in 2004, Charlotte has never held the No. 1 overall pick, and the Bobcats highest selection was in 2004 when they picked Emeka Okafor No. 2 overall (the Bobcats originally had the No. 4 pick, but traded with the Los Angeles Clippers).
Ten current franchises have never made the No. 1 overall pick in an NBA draft since 1966 (start of common draft). Along with the Bobcats, the Phoenix Suns (0.6 percent chance) are the only other team in the 2012 lottery.
Longest Odds Overcome To Win Lottery
The Houston Rockets, meanwhile, have a 0.5 percent chance of winning the lottery, the third straight year they have held the worst odds. In addition, this is the fifth time in the last 12 years the Rockets have missed the playoffs despite having a winning record.
Looking ahead, since the start of the lottery in 1985, 13 of the 27 No. 1 overall picks have gone on to win the NBA Rookie of the Year Award, including 2011 No. 1 overall pick Kyrie Irving. In addition, since 1990, four overall No. 1 picks went on to win the Rookie of the Year award and make the postseason (Derrick Rose, Tim Duncan, Chris Webber and David Robinson).