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West Ham are 11/5 to beat Spurs
Reid feels the new additions will bolster a team that struggled in front of goal in the 2013-14 campaign, scoring just 40 times in the top flight, as Allardyce looks to place greater focus on attack in the new season.
"We already have a good backbone of defensive qualities in our squad," he told the club's official website. "I think that was proved with the 14 clean sheets we achieved last season and to add more in the attacking sense on top of that, can only be a good thing for the whole team.
"It is just as important though we keep up the standards we have set for ourselves in defence and make sure when we do go on the attack, that we don't let ourselves be open at the back, but hopefully combine both.
"Arsenal, Manchester City, Southampton and Tottenham were the only other teams that kept more clean sheets than us last season, nobody can say they are just set up defensively.
"The gaffer and the owners have been working hard to secure new additions to our squad, including in attack, and these will add to what we have here already and help us to push on next season to finish higher up in the Premier League and we look forward to that."