SBR Top-Rated Sportsbooks Recommended Books
1. Pinnacle Sports SBR Rating A+ Pinnacle Sports Review
2. The Greek Sports Book SBR Rating A+ The Greek Review
3. BookMaker SBR Rating A+ BookMaker Review
4. BetJamaica SBR Rating A+ BetJamaica Review
5. LegendZ Sports SBR Rating A+ LegendZ Review
 
SBR Posters' Poll - March 2009 View Complete Results
1. BetJamaica 251 total points BetJamaica Review
2. The Greek Sports Book 217 total points The Greek Review
3. 5Dimes 181 total points 5Dimes Review
4. Matchbook 159 total points Matchbook Review
5. Pinnacle Sports 148 total points Pinnacle Sports Review
 
Reply View New Posts
 
LinkBack Thread Tools
Old 10-17-2008, 03:54 PM   #1
ManOfValue
 
ManOfValue's Avatar
Join Date: 02-29-08
Posts: 488
 
Default Question For Ganchrow or anybody who knows.

How much , or how strong of a correlation is it if I'm able to bet parlays with team A 1st 5 innings on the moneyline to "team A's pitcher won't allow a home run in the game" .

It surely seems like you have an edge in doing that I would just like to know what the numbers say...
__________________
The ultimate measure of a man is not where he stands in moments of comfort, but where he stands at times of challenge and controversy.
Reply With Quote Multi-Quote This Message Quick reply to this message
Old 10-17-2008, 04:01 PM   #2
Ganchrow
 
Ganchrow's Avatar
Join Date: 08-28-05
Posts: 5,305
 
Default

Quote:
Originally Posted by ManOfValue View Post
How much , or how strong of a correlation is it if I'm able to bet parlays with team A 1st 5 innings on the moneyline to "team A's pitcher won't allow a home run in the game" .

It surely seems like you have an edge in doing that I would just like to know what the numbers say...
I don't personally keep data on first 5 inning MLs, but what did the stats indicate when you looked at them?
__________________

Reply With Quote Multi-Quote This Message Quick reply to this message
Old 10-17-2008, 04:15 PM   #3
ManOfValue
 
ManOfValue's Avatar
Join Date: 02-29-08
Posts: 488
 
Default

Thats the thing , I don't keep 1st five inning stats either..I know a guy that is convinced that there is very little correlation and would not mind taking those plays..
And I have this other guy who thinks its a HUGE correlation, I'm kinda in the middle..

If you think about it , your pitcher not allowing a HR in the 1st 5 does help you to win that team's moneyline 1st 5..However I thought that since, a single ,double,triple, pass ball ,sac fly can all score runs then the correlation was not much..
__________________
The ultimate measure of a man is not where he stands in moments of comfort, but where he stands at times of challenge and controversy.
Reply With Quote Multi-Quote This Message Quick reply to this message
Old 10-17-2008, 04:26 PM   #4
Ganchrow
 
Ganchrow's Avatar
Join Date: 08-28-05
Posts: 5,305
 
Default

Quote:
Originally Posted by ManOfValue View Post
Thats the thing , I don't keep 1st five inning stats either..I know a guy that is convinced that there is very little correlation and would not mind taking those plays..
And I have this other guy who thinks its a HUGE correlation, I'm kinda in the middle..

If you think about it , your pitcher not allowing a HR in the 1st 5 does help you to win that team's moneyline 1st 5..However I thought that since, a single ,double,triple, pass ball ,sac fly can all score runs then the correlation was not much..
So perhaps you should initially look at the correlation between winning the 1st 5 and not allowing a HR irrespective of price?
__________________

Reply With Quote Multi-Quote This Message Quick reply to this message
Old 10-17-2008, 04:44 PM   #5
smitch124
You need a bath
 
smitch124's Avatar
Join Date: 05-19-08
Posts: 4,907
 
Default

Does anyone have the correlation between the pitcher not giving up a home run and a team winning the full game?

I would imagine if the pitcher is the starting pitcher the correlation would be at least as high for 5 innings as it would be for the entire game.
Reply With Quote Multi-Quote This Message Quick reply to this message
Old 10-17-2008, 05:14 PM   #6
Ganchrow
 
Ganchrow's Avatar
Join Date: 08-28-05
Posts: 5,305
 
Default

Quote:
Originally Posted by smitch124 View Post
Does anyone have the correlation between the pitcher not giving up a home run and a team winning the full game?
From the 1990 - 2007 seasons, over 41,015 decided games, the winning team did not give up a defensive home run 49.24% of the time with a standard error of 0.25%.

Data source: retrosheet.org game logs.
__________________

Reply With Quote Multi-Quote This Message Quick reply to this message
Old 10-17-2008, 05:32 PM   #7
Ganchrow
 
Ganchrow's Avatar
Join Date: 08-28-05
Posts: 5,305
 
Default

Quote:
Originally Posted by Ganchrow View Post
From the 1990 - 2007 seasons, over 41,015 decided games, the winning team did not give up a defensive home run 49.24% of the time with a standard error of 0.25%.

Data source: retrosheet.org game logs.
Broken down per year:
Code:
Year	N	Coinc.	Std. Err
1990	2,105	42.33%	1.08%
1991	2,104	43.35%	1.08%
1992	2,106	38.08%	1.06%
1993	2,268	46.96%	1.05%
1994	1,599	52.78%	1.25%
1995	2,016	50.79%	1.11%
1996	2,266	54.99%	1.05%
1997	2,266	49.96%	1.05%
1998	2,430	51.73%	1.01%
1999	2,427	55.50%	1.01%
90s Tot	21,587	48.73%	0.34%
2000	2,428	56.71%	1.01%
2001	2,428	55.07%	1.01%
2002	2,425	51.75%	1.01%
2003	2,429	52.16%	1.01%
2004	2,428	53.62%	1.01%
2005	2,430	49.88%	1.01%
2006	2,429	53.48%	1.01%
2007	2,431	51.38%	1.01%
00s Tot	19,428	53.01%	0.36%
Grd Tot	41,015	50.76%	0.25%
__________________

Reply With Quote Multi-Quote This Message Quick reply to this message
Old 10-17-2008, 05:46 PM   #8
smitch124
You need a bath
 
smitch124's Avatar
Join Date: 05-19-08
Posts: 4,907
 
Default

Certainly no correlation there, at least without knowing the price, especially in the 2000s.
Reply With Quote Multi-Quote This Message Quick reply to this message
Old 10-17-2008, 06:05 PM   #9
ManOfValue
 
ManOfValue's Avatar
Join Date: 02-29-08
Posts: 488
 
Default

OK , so for there to be a correlation what does the percentage have to be ? above 60 ?
__________________
The ultimate measure of a man is not where he stands in moments of comfort, but where he stands at times of challenge and controversy.
Reply With Quote Multi-Quote This Message Quick reply to this message
Old 10-17-2008, 06:13 PM   #10
ICE-BLOOD
 
ICE-BLOOD's Avatar
Join Date: 07-21-08
Posts: 680
 
Default

i would say you could find a real lot of good plays over the course of a full mlb season if you could get that parlay booked on a daily basis for all games
Reply With Quote Multi-Quote This Message Quick reply to this message
Old 10-17-2008, 06:15 PM   #11
ManOfValue
 
ManOfValue's Avatar
Join Date: 02-29-08
Posts: 488
 
Default

I think you're right Ice-Blood...I'm looking at those numbers and 1994 stands out..Anybody know why so few games were played that year ?
__________________
The ultimate measure of a man is not where he stands in moments of comfort, but where he stands at times of challenge and controversy.
Reply With Quote Multi-Quote This Message Quick reply to this message
Old 10-17-2008, 06:23 PM   #12
ICE-BLOOD
 
ICE-BLOOD's Avatar
Join Date: 07-21-08
Posts: 680
 
Default

1994, 2000whatever, if you're not allowing a hr within the 1st five your more than likely leading
apply the other handicapping factors and odds and that guy wont be letting you make that bet within a couple weeks
Reply With Quote Multi-Quote This Message Quick reply to this message
Old 10-17-2008, 06:28 PM   #13
smitch124
You need a bath
 
smitch124's Avatar
Join Date: 05-19-08
Posts: 4,907
 
Default

Quote:
Originally Posted by ManOfValue View Post
I think you're right Ice-Blood...I'm looking at those numbers and 1994 stands out..Anybody know why so few games were played that year ?

They went on Strike that year, early August if I remember right...
Reply With Quote Multi-Quote This Message Quick reply to this message
Old 10-17-2008, 06:28 PM   #14
RickySteve
 
RickySteve's Avatar
Join Date: 01-31-06
Posts: 2,041
 
Default

Quote:
Originally Posted by ManOfValue View Post
I think you're right Ice-Blood...I'm looking at those numbers and 1994 stands out..Anybody know why so few games were played that year ?
You're kidding, right?
Reply With Quote Multi-Quote This Message Quick reply to this message
Old 10-17-2008, 06:35 PM   #15
Ganchrow
 
Ganchrow's Avatar
Join Date: 08-28-05
Posts: 5,305
 
Default

Quote:
Originally Posted by ManOfValue View Post
OK , so for there to be a correlation what does the percentage have to be ? above 60 ?
You're missing the point.

We have that for all else being equal (which in general isn't a valid assumption, btw) the probability of the winning pitcher not giving up a home run is 49.24%.

So at 4.545% juice on the ML we'd need, all else being equal, a decimal line of about 1/(49.24%*(1-4.545%)) ≈ on the ML to breakeven on the correlated parlay.

This should give you a good starting point from which to begin to consider individual matchup specifics (i.e., where the "all else equal" assumption breaks down).


Quote:
Originally Posted by ManOfValue View Post
I think you're right Ice-Blood...I'm looking at those numbers and 1994 stands out..Anybody know why so few games were played that year ?
Strike.
__________________

Reply With Quote Multi-Quote This Message Quick reply to this message
Old 10-17-2008, 08:16 PM   #16
Data
 
Data's Avatar
Join Date: 11-27-07
Posts: 1,444
 
Default

I looked at my spreadsheet of roughly 20,000 games and I see this: the probability of a team not allowing a home run is 35% while the probability of a team not allowing a home run and winning after 5 inning is 44%. This translates to a large advantage.
Reply With Quote Multi-Quote This Message Quick reply to this message
Old 10-17-2008, 08:36 PM   #17
ICE-BLOOD
 
ICE-BLOOD's Avatar
Join Date: 07-21-08
Posts: 680
 
Default

the wording of this get rich quick parlay is tricky
i think team A's pitcher means starting pitcher no hr allowed, not team's pitchers allows hr
Reply With Quote Multi-Quote This Message Quick reply to this message
Old 10-17-2008, 08:41 PM   #18
Ganchrow
 
Ganchrow's Avatar
Join Date: 08-28-05
Posts: 5,305
 
Default

Quote:
Originally Posted by ICE-BLOOD View Post
the wording of this get rich quick parlay is tricky
i think team A's pitcher means starting pitcher no hr allowed, not team's pitchers allows hr
I wouldn't read too deeply into this. The reason why this may well be a get-rich-quick parlay without blatantly violating market efficiency is because while one might find many locals and D-rated books that'd take it, no serious book ever would (at least without upping the parlay vig).
__________________

Reply With Quote Multi-Quote This Message Quick reply to this message
Old 10-17-2008, 08:53 PM   #19
ICE-BLOOD
 
ICE-BLOOD's Avatar
Join Date: 07-21-08
Posts: 680
 
Default

Quote:
Originally Posted by Ganchrow View Post
I wouldn't read too deeply into this. The reason why this may well be a get-rich-quick parlay without blatantly violating market efficiency is because while one might find many locals and D-rated books that'd take it, no serious book ever would (at least without upping the parlay vig).
completely agree

probably was 1 isolated local book at the corner bar who was winning and thought he could attract more action by offering outrageous prop parlays
Reply With Quote Multi-Quote This Message Quick reply to this message
Old 10-18-2008, 12:45 AM   #20
pico
USC ml
 
pico's Avatar
Join Date: 04-05-07
Posts: 20,708
 
Default

Quote:
Originally Posted by Data View Post
I looked at my spreadsheet of roughly 20,000 games and I see this: the probability of a team not allowing a home run is 35% while the probability of a team not allowing a home run and winning after 5 inning is 44%. This translates to a large advantage.
where can you buy/get these type of data, data?
__________________
话说天下大势,分久必合,合久必分。

钱 錢 argent Geld soldi お金 돈 dinheiro деньги dinero เงิน כסף, ממון raha λεφτά pengar danh từ
Reply With Quote Multi-Quote This Message Quick reply to this message
Old 10-18-2008, 12:59 AM   #21
Ganchrow
 
Ganchrow's Avatar
Join Date: 08-28-05
Posts: 5,305
 
Default

Quote:
Originally Posted by picoman View Post
where can you buy/get these type of data, data?
Try retrosheet.org.
__________________

Reply With Quote Multi-Quote This Message Quick reply to this message
Old 10-19-2008, 09:48 AM   #22
pico
USC ml
 
pico's Avatar
Join Date: 04-05-07
Posts: 20,708
 
Default

Quote:
Originally Posted by Ganchrow View Post
wow, thanks. now i can run simulations.
__________________
话说天下大势,分久必合,合久必分。

钱 錢 argent Geld soldi お金 돈 dinheiro деньги dinero เงิน כסף, ממון raha λεφτά pengar danh từ
Reply With Quote Multi-Quote This Message Quick reply to this message
Reply

Thread Tools
Display Modes



All times are GMT -5. The time now is 02:00 PM.


1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33