Saturday, April 12, 2008

Updated MLB Home Run Champ Odds

Sportsbook has once again posted odds on who will lead the majors in home runs this year. The original odds were discussed two months ago; today I am going to look at how "my guys" are doing, and see if there is any value in some of the updated odds.

Ryan Braun
Was 15:1
HRs: 3
Now12:1

Braun is actually off to a slow start, hitting .227 with no walks. Doesn't matter though, because a) it's 44 ABs, and b) he's on pace for 49 homers. I thought 15:1 was a little high, but not unreasonable- 12:1 is about right at this point.

Rick Ankiel
Was 300:1
HRs: 3
Now 10:1

This is funny. There is no way anybody thinks Ankiel has a 1 in 10 chance of leading the majors in homers- which is exactly the point. Somebody (and, I have no idea who this might be) bet on Ankiel at 300:1, and it doesn't take much money at those odds to put the books at risk. So they made sure to change it to a completely outrageous price, because they don't want to increase that risk. I am sure they'll be happy to take your action at 10:1 though.

Carlos Pena
Was 50:1
HRs: 5
Now 15:1

Gotta love anyone who starts the year with a .216/.370/.622 line- five homers, six walks, and as many HBP as singles (three). I don't know what had more of an effect here- his 81-homer pace (yes, I do thoroughly enjoy playing the on-pace game two weeks into the season), or the fact he shouldn't have been 50:1 in the first place. Probably a combination, and I don't think I'd take him at 15:1 now.

Alfonso Soriano
Was 25:1
HRs: 2
Now 20:1

A very slow, 44 OPS+ first couple weeks for Soriano, but he does have the two HRs. There was some value in 25:1, caused by the 27 games he missed last year; there probably isn't much in 20:1 after the slight hole he's put himself in.

It's too bad they don't have odds for Justin Upton- with four homers already, and a little bit of potential (maybe), he could be a fun longshot. Pujols (3 HRs) is interesting at 20:1- he was 15:1 in February, and I'm assuming that's changed because of the injury concerns. Might be worth taking a chance that he stays healthy all year- I don't think it's that much of a stretch that a healthy Albert Pujols would lead the majors in homers, although he's actually never even let the NL.

Chris B. Young has gotten off to a quick start (four homers), but his odds (30:1) already reflect that. There doesn't seem to be much else of interest- they've tightened up a bit on these. They currently all add up to 175%; it was only 143% in February. The full odds can be found here.

0 comments:

hoops