I’d estimate the odds of keeping the pick are around 70%. That’s a really good number if you have those odds cumulatively in many equations, but if you’re only getting one roll of the dice then 30% is not an insignificant number.
In order to get to 70%, mathematically you'd have to believe there's a whopping roughly 77% chance of one of these two things happening:
1. The Pels, with no incentive to tank, do not win more than the Jazz in psycho tank mode, AND at least two of the Grizzlies/Bucks/Mavericks win less than the Jazz.
2. The Pels, with no incentive to tank, DO win more than the Jazz in psycho tank mode, BUT all three of the Grizzlies/Bucks/Mavericks win less than the Jazz.
Is that what you believe?