Posted Tuesday, February 02, 2010 10:44 AM
The most important aspect for me in handicapping baseball is finding value, most around here do the same, but it tends to get tricky when we start discussing “how we find value”. One of the stats I like is BABIP, or Batting Average Balls Put in Play. This stat can be used with hitters and pitchers, and it’s important to note that the MLB average usually hovers right around .300. This is one stat that we can use to measure a player’s luck. ERA can be very misleading, especially when using a small sample size. How many times have you seen some pitcher with a 0-2 record and era north of 8.00 in his last 3 starts win easily as a +145 dog in that 4th start?
For me, I like BABIP because it can allow one to find value in either backing one team, or in fading another team. Most players will regress to the mean over time. There are some exceptions, for instance, Eric Byrnes has historically been a pop fly hitter, and those pop ups rarely fall in for hits, so his BABIP is typically below major league average.
Looking at last season, there were 139 pitchers that had at least 10 starts before the All-Star Break, and one finds that Dan Haren posted the best BABIP in the majors when he clocked in at .234. This led to an overall opp. avg of .189 over t... [More]
Posted Tuesday, August 26, 2008 11:14 PM
H.R. 2607 and H.R. 2046 are potential legislation that could bring about the legalization of internet sports gambling in the U.S.
H.R. 2046 in summary . . . In effect, makes internet gambling legal.
Internet Gambling Regulation and Enforcement Act of 2007 - Amends federal law governing monetary transactions to establish an Internet Gambling Licensing Program administered and enforced by the Director of the Financial Crimes Enforcement Network (Director).
Prescribes requirements for the licensing of Internet betting or wagering.
Provides that activities involving investment banking, payment and transaction processing, and financial transactions are shielded from liability if they are conducted in compliance with this Act and specified law.
Authorizes states, Indian tribes and sporting leagues to prohibit internet gambling licenses.
H.R. 2607 in summary . . . In effect, provides taxation framework.
Internet Gambling Regulation and Tax Enforcement Act of 2007 - Amends the Internal Revenue Code to establish licensing requirements and fees for Internet gambling operators.
Requires Internet gambling operators to pay to the Director of the Financial Crimes Enforcement Network during each 30-day period of operation a license fee of 2% of all bets and wagers placed during the preceding 30-day period.
Requires the Director to grant Internet gambling licenses to applicants who meet criteria se... [More]