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Posts Tagged ‘Las Vegas’

If you’re a Major League Baseball fan, you probably fall on either one of two sides of the almighty equation: love the Yankees or hate the Yankees. Either way, it’s inevitable – the New York Yankees own you. From a historic perspective, much of what we appreciate or sometimes abhor about the sport was started or at least perpetuated by the Bombers. You think Damon jumping ship broke Boston’s heart? Well, New York started the trend of buying the best talent long, long before then. Since 1918 when Babe Ruth was purchased by the Yankees, shelling out dollars for ability has been New York’s forte. The club is also arguably responsible for the overall popularity on the sport. Appearing in 40 World Series, winning 27 and absolutely dominating the landscape in the East since the 1920s, the Yankees have constructed an empire that, unlike others throughout history, refuses to collapse.

After winning their 27th title last year, the Yankees started the 2010 MLB season as favorites to repeat. Even though they had to let some long-time favorites go, like Matsui and Damon, they’ve only tightened up and have walloped the competition for the first half of the season, and now stand at 57-33, 2 games out in front of Tampa Bay and 5.5 in front of their rival Red Sox. The AL East has been the Yankees’ biggest competition thus far. Not that the Central and West are AAA clubs, to be sure, but the top three records in the AL belong to the Eastern clubs – Yankees, Rays, Red Sox. And with New York’s ability to fend off two 50-win clubs, their odds for repeating as World Series champs have gone down tremendously since the season began. Not every sports fan is a gambler. And certainly not every gambler is a sports fan. But the MLB Playoffs and the World Series race is absolutely huge business for the betting world. Vegas, Internet sports books, AC – it doesn’t matter where. Over a billion dollars is placed down on one WS game. The goal of the gambler, obviously, is to secure a nice payday. The goal of the odds maker is to ensure action plays and that favorites winning won’t break the bank. Everyone loves an underdog, true – but they bet on what they feel to be the “sure thing,” by and large. This has caused odds makers to go into risk management mode over the Yankees’ impressive baseball play.

When you’re hunting for online casino bonuses, stop by the sports betting section and check out the Yankees odds. Normally, a team with 50-plus wins at this juncture would pull in around 15:1. If they’re good and not just hot, you could drop that to 10:1. If they’re previous champions, like the Phillies of 08, you could hope for 8-5:1 with the makers not too worried about covering their hind ends at this point. But the so-called experts of the betting world understand exactly what they’re seeing with New York. Only 90 games into the regular season, the Yankees are standing well ahead of their closet betting competition, the Tampa Bay Rays (7:1), at an unmatched 3:1. It’s clear how sports books expect the scenario to unfold in the coming months. With revitalized pitching, hot bats at the plate, and a probable wave of pride-filled emotion due to the death of Steinbrenner to carry them through the stretch, it’s evident that the Yankees have the potential to bowl through the playoffs on their way to their 41st World Series appearance and most likely their 28th title.

Even everyday gamblers tinkering with their online slot machines are likely to throw a few dollars down on a New York win. If it happened at 8:1, 100 bucks turns into 800 – and multiplying that by a few thousand means sports books take a huge hit. But having 100 turn to 300—and possibly significantly less if odds adjust even lower—provides more breathing room for online and on-location bookies. In other words, the New York Yankees not only have their MLB competition shaking in their boots, but odds makers are also bowing down and showing due reverence to the pin-striped legends of the diamond. Anything can happen in Major League Baseball. The Yankees winning another World Series is far from a foregone conclusion. But the jury is in. Odds makers certainly agree that the Yankees are on their way.

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Unlike Rose, we can bet on baseball

 We’ve reached the All-Star break, giving some a chance to take a deep breath from the long season and others to experience withdrawal pangs without “real” baseball for the next 3 days. I could write glowingly about the Yankees starting rotation or rip Joba and the rest of his bullpen mates sans Mariano, but I’ll have plenty of time to do that throughout the 2nd half of the season. Today, I want to discuss something a little different…examining the World Series odds. I’ll probe where the Yankees and the rest of the teams are projected to finish and provide some dark horse candidates to win the championship. Below, all teams currently in the playoffs and/or in contention are listed in groups with their odds to win the World Series in parentheses. (Odds taken from BETUS

The Favorite: Yankees (3:1)
With the best record in baseball and the ability to add pieces to improve the bullpen and bench, the Yankees are clear-cut favorites to repeat. However, because they are such prohibitive favorites, while we all hope they win number 28, the return on the investment won’t reap a big windfall. So put $60 on the Yankees to hedge your bet and place a couple additional wagers on the longer shots below. 

A Cut Below: Rays (6:1), Rangers/Braves (7:1), Red Sox/Cardinals (10:1)
The best bet among these teams is the Rangers. They’ve got the easiest path to the playoffs and they just acquired a dominant #1 starter. The Rays/Red Sox are at least equal and probably better than Texas, but their path to the postseason is much more difficult, so avoid them as well as the Cards, you can find better long shots in the NL. 

The Darkhorses: Phillies (12:1), Mets (14:1), Reds (18:1), White Sox/Twins (20:1)
Two teams stand out from this group…the Phillies and Reds. Phi at 12:1 is a good price if you think they’ll get healthy enough to make the playoffs and be close to full strength (if they were healthy I’d guess they’d be ~6:1). But at 18:1, I “love” the Reds. They have a well-balanced pitching staff as well as an excellent lineup (of course they also have Dusty at the controls to potentially botch things up). But at these odds, they’re a sneaky/solid play. So pluck down $60 on Cincinnati and if they win you’ll be collecting $1,080 in October. 

The Longshots: Tigers/Rockies/Dodgers/Padres (25:1), Giants (30:1), Angels (40:1)
Forget the Tigers, Dodgers and Angels. Padres are dangerous, but their bullpen is already showing signs of regression and the underrated ace of the staff, Mat Latos, has innings limit concerns (Yes, Yankees fans we aren’t the only team that caps innings for starters). The Rockies have withstood several injuries and find themselves just 2 games back of the front running Padres and the Giants find themselves only 4 GB. The Giants lineup at one point this season was putrid, but with the surprising production of Torres and the explosive bat of Buster Posey this team may finally have the hitting to support an excellent pitching staff. So put $60 on either the Rockies or Giants and if you’re feeling frisky bet both. Without a clear favorite in the NL these teams can make it to the World Series and anything can happen once they get there…and in this case that “anything” can yield $1500-$1800. 

So who do you think will win the World Series? Who is your sleeper/long shot pick to win it all? 

Follow me on twitter @eddieperez23

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