Posted Friday, March 05, 2010 11:22 AM
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MicrosoftInternetExplorer4
I have
received many inquiries about a piece I wrote in March 2008 on
Covers about betting baseball and I feel this piece is my most valuable
contribution at Covers. Many have enjoyed reading it and I wanted to post it
again before the baseball season begins. For those who have read it previously,
I am sorry for the redundancy although I have added text and made numerous
revisions. Best of luck to everyone this baseball season.
Written in
March 2008 (revised in March 2009 and March 2010).
WHY
BETTING UNDERDOGS IN BASEBALL IS DIFFERENT FROM ANY OTHER SPORT.
There are several different approaches and strategies to handicapping baseball,
but the most fundamental and obvious starting point is one that is taken
completely for granted. Baseball is quite unique when it comes to betting
because the gaps between the best and worst teams are far closer than in any
other sport. Let's look at the other major betting sports.
In the NFL this season, the Indianapolis Colts were 14-2 winning 87.5% of their
games. The worst team in the NFL this past season was the St. Louis Rams at
1-15, winning just 6.25% of the time.
&n... [More]