MLB Season Long Odds Market: June 3

Dan Soemann
Dan Soemann, Resident MLB ExpertJune 03, 2022
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AL West:

This week we finally saw a sizable correction on one of our favorite division values, Houston. The Astros odds have been slashed in half over the past month as the Angels have struggled to keep pace and Houston is now (-440) favorites. It’s hard to justify buying this line on its own but I now consider Houston an auto add to any season long parlays. Fangraphs has them at >93% to win that division and this line could be much higher.

NL Central:

Milwaukee has been our other favorite on the board in recent weeks. Injuries to Brandon Woodruff and Freddy Peralta have tested their depth but the starting rotation has held serve so far. The Brewers lead is down to 3 games and while they’re still (-280) favorites, I suspect that number would be over (-300) without the current injury uncertainty. I love the Cardinals offense but still don’t believe in the pitching long term. If the NL East odds start to shift towards St. Louis, I’ll continue adding shares of Milwaukee.

NL EAST:

Last week we tried jumping the market and attacked the Braves slipping odds. That couldn’t have gone worse as the Mets swept the Phillies and Nationals while the Braves split against the Marlins and Diamondbacks. Despite mounting injuries, New York now holds a 9.5 game lead and it’s hard to imagine Atlanta climbing out of that deficit. Our model shows there’s still value on the Braves but I’ll begin hedging any previous Atlanta bets by mixing the Mets into parlays with our other favorites.

WAGER OF THE WEEK:

The current lines are pretty efficient and there's few combinations that get us a positive expected value bet. That being said, anything I do will continue revolving around HOU + MIL and I'm close to adding NYM to that group.

Our model shows value on the Blue Jays and the Yankees feel like they're one injury away from chaos. For that reason, I'm grabbing shares of Toronto and will keep a close eye on Tampa Bay who is quietly (30-21).

HOU (-440) + MIL (-280) + TOR (+250)

 

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Spotrac’s Season Long Odds Market

The MLB regular season is a marathon, but betting on it doesn’t have to be. Keeping a close eye on data, trends, and line movements  can allow for great value on a week to week basis. Our Season Long Odds Market series will focus on a variety of year end bets, including Division, Pennant, & World Series winners, MVP & Rookie of the Year candidates, and plenty more.

Our process will include analyzing real-time odds from FanDuel Sports Book, predictive odds from FanGraphs, & a little logic based on schedules, standings, injuries, etc… We’ll identify teams who are in a strong window to place a season-end bet on based on the difference between current actual and expected odds, with a nod to parlay every now and then for even more value as well. 

Interested in this stuff? We’d love to hear from you.


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