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cunnybobbler
28 Feb 10 16:38
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Date Joined: 30 Oct 06
| Topic/replies: 6,057 | Blogger: cunnybobbler's blog
as in what are the usual handicaps on here/with bookies in relation to outright prices.

like say team a is 1.78 and team b is 2.28 what are the usual handicaps?

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Replies: 7
By:
curlywurly
When: 28 Feb 10 17:03
team b+1.5 is pretty standard
might get team b +2.5 if they're over 3.5

it's hard enough getting a bet matched on the match odds let alone the handicaps
By:
cunnybobbler
When: 28 Feb 10 18:08
thanks. do the bookies have the same handicap betting?
By:
curlywurly
When: 28 Feb 10 18:30
yeah, it's pretty standard - like the ice hockey
By:
orioles
When: 28 Feb 10 23:30
If you're going to take a crack at the runline ...

How teams with a certain money line odds performed on the Run Line.

Is there a correlation between the odds a team has and how it performs against the run line?

Probability of winning by more than 1 run given that the team wins the game straight up.

League Wide: 72.5%
+200 or more: 70.2%
+190s: 77.0%
+180s: 76.4%
+170s: 67.4%
+160s: 75.3%
+150s: 72.9%
+140s: 70.9%
+130s: 73.5%
+120s: 68.0%
+110s: 72.4%
+100s: 72.9%
-100s: 68.9%
-110s: 70.6%
-120s: 72.4%
-130s: 72.4%
-140s: 74.7%
-150s: 74.5%
-160s: 75.3%
-170s: 71.9%
-180s: 70.8%
-190s: 77.5%
-200s: 76.2%


Favorites that are -120 or better beat the runline at a higher percentage than the league average (73.6%). In fact, this indicates that betting the runline on these teams will generally be better than betting the money line. Turn these favorites into a dog.

Nevertheless, a more striking point worth noting is the Home-Away Dynamics of the Run Line.

Probability of winning by more than 1 run given that the team wins the game straight up.

Home Teams: 68.5%
Road Teams: 77.1%
Home Favorites: 69.7%
Road Favorites: 79.1%
Road Favorites better than -120: 80.1%

Analyzing it further, we see that Road Teams in the Money Line Odds range of better than -120 specified in our earlier table beat the Run Line 80% of the time when conditioned on winning the game. There is a 10% difference in covering the Run Line for the Road Team than for the Home Team.

The reason for this is quite simple: Home Teams that win the game do not have to bat in the bottom of the 9th. Road teams that win the game still bat in the Top of the 9th. That means the Road winner has 12.5% more at-bats than the corresponding home favorite.

Let us statistically model this scenario to show us how it works.

During any half inning, the expected value of runs scored is 0.5.

This means that the expected value of number of half innings necessary to score 1 full run would be approximately every 2 half innings.

The home teams beats the Run Line with a 70% probability. This means that for every 100 games, they are ahead by more than 1 run going into bottom of the 9th 70 times and only ahead by 1 run going into the bottom half of the 9th 30 times. Since the home team wins, there is no need to bat in the 9th. Conversely, for the road team, they will be batting all 100 of those times. Of those 30 times, the expected number of games for them to score an extra run necessary to beat the run line is 15.

This is an increase of 15%!!

Reality only shows a 10% improvement and this can be explained by the fact that although the average number of runs per half innings is 0.5. They will not be spreading 1 run every 2 games. They will be held scoreless about 66% of the time and for the remaining 33% of the time score 1 or more runs.

It turns out that when Road Teams win the game, the average total score is about 0.4 higher than if the home team won.

This is a c&p of someone else's work that was put into Uncle O's notes on betting the bases!
By:
cunnybobbler
When: 01 Mar 10 08:41
thanks that looks pretty interesting. once i wake up and get my head round it all :)
By:
cunnybobbler
When: 01 Mar 10 08:46
do you know if those stats are for a single season or since time began or whatever?
By:
orioles
When: 01 Mar 10 16:08
Since the dawn of time ... when God looked down upon the earth and placed Cal Ripken Jr and Eddie Murray in Baltimore and saw that is was good.

Yea verily.
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