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Betting on the New York Yankees – Right or Wrong?
By Igor Ivanov | April 17, 2008
Chalk is a four-letter word to value-thinking baseball handicappers. The New York Yankees have heard many four-letter words directed at them in the past 107 years of their existence – much of it from frustrated bettors. Coincidence?
We’ll let the numbers decide. These are the season earnings (in units) for the Yankees dating back to 2001, the year after they won their last World Series:
2007: minus-10.62
2006: minus-2.04
2005: minus-16.58
2004: plus-2.25
2003: plus-0.88
2002: minus-8.62
2001: plus-1.45
Not very good numbers for Yankees supporters. That doesn’t necessarily mean one should never bet on New York; in single-game matchups, the Yankees can be a good pick with the right pitcher on the mound. In 2007, that man was Chien-Ming Wang. New York went 21-9 in Wang’s 30 starts, raking in 5.41 units in profit.
Still, buyer beware. Wang was only No. 36 on last year’s pitcher earnings chart, reflecting the amount of chalk he and his teammates must overcome to be profitable.
Topics: MLB Baseball Odds |
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