Where's the value in this proposition wager?

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  • stevenash
    Moderator
    • 01-17-11
    • 65409

    #1
    Where's the value in this proposition wager?



    TO WIN THE AL CENTRAL


    Minnesota -175
    Cleveland +170

    Probability of Minnesota wining the division as of 6/30 (54%)
    Probability of Cleveland wining the division as of 6/30 (40%)




    Current Remaining Average
    Tm Lg D W L W L W L Post Div
    1 Minnesota AL C 40 42 42.3 37.7 82.3 79.7 54.30% 53.70%
    2 Cleveland AL C 39 41 41.2 40.8 80.2 81.8 39.60% 39.20%
  • stevenash
    Moderator
    • 01-17-11
    • 65409

    #2
    You're getting +170 on a +150 bet with Cleveland.
    There's your value.
    Comment
    • Darkside Magick
      SBR Posting Legend
      • 05-28-10
      • 12638

      #3
      Ran it Thru the simulation

      Minnesota Twins 61%
      Cleveland Guardians 37%

      Slight value on Guardians here but.. To me It's dead money because Guardians hitting is yuck

      Good Luck
      Comment
      • stevenash
        Moderator
        • 01-17-11
        • 65409

        #4
        Originally posted by Darkside Magick
        Ran it Thru the simulation

        Minnesota Twins 61%
        Cleveland Guardians 37%

        Slight value on Guardians here but.. To me It's dead money because Guardians hitting is yuck

        Good Luck
        Oh, for sure.
        After Naylor and J-Ram, Cleveland's lineup is soft powerwise.

        Cleveland does have the better overall pitching, but if Bieber goes down, so does Cleveland.
        Comment
        • DrunkHorseplayer
          SBR Hall of Famer
          • 05-15-10
          • 7719

          #5
          Cleveland, obviously. Only one game back and way better odds.
          Comment
          • unlearn
            SBR Hall of Famer
            • 03-22-14
            • 9032

            #6
            If Clase stopped blowing fukkin saves they'd have a 4 game lead
            Comment
            • JohnGalt2341
              SBR Hall of Famer
              • 12-31-09
              • 9138

              #7
              Originally posted by stevenash



              TO WIN THE AL CENTRAL


              Minnesota -175
              Cleveland +170

              Probability of Minnesota wining the division as of 6/30 (54%)
              Probability of Cleveland wining the division as of 6/30 (40%)




              Current Remaining Average
              Tm Lg D W L W L W L Post Div
              1 Minnesota AL C 40 42 42.3 37.7 82.3 79.7 54.30% 53.70%
              2 Cleveland AL C 39 41 41.2 40.8 80.2 81.8 39.60% 39.20%
              Just curious, how did you know the chances of Cleveland winning the division are 40%?
              Comment
              • stevenash
                Moderator
                • 01-17-11
                • 65409

                #8
                Originally posted by JohnGalt2341
                Just curious, how did you know the chances of Cleveland winning the division are 40%?
                The chart I posted are baseball-reference numbers.
                BR is the most accurate.
                Comment
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