In the "Other Forum," Kelvinator postulated that "baseball injury plays aren't worth it." He then provided some ridiculous, statistics to back his assertion.
According to my research, if a top player is out of the line-up, and replaced by an average major-league player, the line should adjust anywhere from 10 to 20 cents.
Bill James, indirectly, corroborates my findings. The renowned sabermetrician gives an offensive winning percentage to each major league player. Top players can have a winning percentage over .750. In other words, if a team had 9 hitters with a .750 winning percentage in the line-up, everything else being equal, they would win 75% of their games. To figure out how much one such player is worth, divide the extra 25% by 9 and the result is that the player is worth 2.78%. 52.78% on the moneyline equals -112, or 12 cents. Super players with offensive winning percentages over .800 can be worth 20 cents.
Jim Jasper, my baseball handicapping guru, also believed that a top everyday player is worth 15 to 20 cents. This can be ascertained by computing how many extra runs per game, on the average, they are worth to their team. Most players believe that a run is worth approximately 50-cents on the moneyline. A run is worth roughly 50 cents because, historically, 1/3 of all major league games are one-run games. So, if a .500 team gets an extra run every game, instead of going a predicted 27-27 in the 1/3 of 162 games the play, they would instead go 27-0 with 27 pushes. Deduct 27 losses,and their record would be 81-54 = .600 = -150 on the moneyline.
In fact, even according to Kelvinator's hairbrained "logic" that deducts .2 runs per game from a team missing a superstar, the line should still adjust 10 cents, based on the fact that a full run is worth approximately 50 cents.
And while I'm at it, I'll take a shot at the Shrink's "logic." (Remember, no one said he was a brain surgeon.) The good Doctor recently wondered why the betting line was not sufficiently adjusting for the Colorado Rockies at home. After all, the Rockies had a great home-winning percentage. Well, the answer is simple: No matter how well or poorly a team does at home in baseball, the most accurate prediction for their future home-field performance is the league average, which is always worth around 4 to 5 % more than a neutral field. If someone does the research, like I have, they will no longer bother with home field advantages for specific teams. Instead, they will use the league average.
People need to DO the math, not merely theorize. For example, I have a real penchant for well-built women. I really dig chicks with wasp waists and big racks. But even if I see a chick that is built like--pardon the expression--a brick shlthouse, I don't accept what my eyes tell me unless I can substantiate it with a tape measure.
So, everywhere I went in the Caribbean and in Asia, I carried around my trusty tape measure, as I searched for the Holy Grail, women with 36-24-36-type statistics.
In fact, once I was in Hollywood, at the Bodhi Tree Bookstore. And who did I see there? Pamela Anderson! Unfortunately, Tommy Lee was with her. Talk about a party pooper. The guy did not appreciate it one bit when I asked Pam if I could measure her with my trusty tape. Needless to say, when I returned home, I trashed all of my Motley Crue records.
Anyway, the moral of the story is: do the math unless you are risking your health because of a jerk like Tommy Lee.
According to my research, if a top player is out of the line-up, and replaced by an average major-league player, the line should adjust anywhere from 10 to 20 cents.
Bill James, indirectly, corroborates my findings. The renowned sabermetrician gives an offensive winning percentage to each major league player. Top players can have a winning percentage over .750. In other words, if a team had 9 hitters with a .750 winning percentage in the line-up, everything else being equal, they would win 75% of their games. To figure out how much one such player is worth, divide the extra 25% by 9 and the result is that the player is worth 2.78%. 52.78% on the moneyline equals -112, or 12 cents. Super players with offensive winning percentages over .800 can be worth 20 cents.
Jim Jasper, my baseball handicapping guru, also believed that a top everyday player is worth 15 to 20 cents. This can be ascertained by computing how many extra runs per game, on the average, they are worth to their team. Most players believe that a run is worth approximately 50-cents on the moneyline. A run is worth roughly 50 cents because, historically, 1/3 of all major league games are one-run games. So, if a .500 team gets an extra run every game, instead of going a predicted 27-27 in the 1/3 of 162 games the play, they would instead go 27-0 with 27 pushes. Deduct 27 losses,and their record would be 81-54 = .600 = -150 on the moneyline.
In fact, even according to Kelvinator's hairbrained "logic" that deducts .2 runs per game from a team missing a superstar, the line should still adjust 10 cents, based on the fact that a full run is worth approximately 50 cents.
And while I'm at it, I'll take a shot at the Shrink's "logic." (Remember, no one said he was a brain surgeon.) The good Doctor recently wondered why the betting line was not sufficiently adjusting for the Colorado Rockies at home. After all, the Rockies had a great home-winning percentage. Well, the answer is simple: No matter how well or poorly a team does at home in baseball, the most accurate prediction for their future home-field performance is the league average, which is always worth around 4 to 5 % more than a neutral field. If someone does the research, like I have, they will no longer bother with home field advantages for specific teams. Instead, they will use the league average.
People need to DO the math, not merely theorize. For example, I have a real penchant for well-built women. I really dig chicks with wasp waists and big racks. But even if I see a chick that is built like--pardon the expression--a brick shlthouse, I don't accept what my eyes tell me unless I can substantiate it with a tape measure.
So, everywhere I went in the Caribbean and in Asia, I carried around my trusty tape measure, as I searched for the Holy Grail, women with 36-24-36-type statistics.
In fact, once I was in Hollywood, at the Bodhi Tree Bookstore. And who did I see there? Pamela Anderson! Unfortunately, Tommy Lee was with her. Talk about a party pooper. The guy did not appreciate it one bit when I asked Pam if I could measure her with my trusty tape. Needless to say, when I returned home, I trashed all of my Motley Crue records.
Anyway, the moral of the story is: do the math unless you are risking your health because of a jerk like Tommy Lee.
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