Yankees alone have same chance as the three other teams combined!
Las Vegas, Nevada (October 13, 2009) - Using Las Vegas odds, the teams expected to make and win the World Series can be identified. RJ Bell of Pregame.com provides the most accurate possible consensus of a sporting event's true odds.
Odds to win the 2009 World Series:
New York Yankees: 1 to 1 (50% chance)
LA Dodgers: 5 to 1 (16.6% chance)
Philadelphia Phillies: 5 to 1 (16.6% chance)
Los Angeles Angels: 5 to 1 (16.6% chance)
RJ Bell of Pregame.com said: "It's noteworthy that all three teams other than the Yankees have the same chance of winning, while the Yankees alone have the same chance as the three other teams combined."
Series Odds:
Dodgers are a -115 favorite over the Phillies, meaning the Dodgers have a 54% chance of winning the series. The Yankees are a -170 favorite over the Angles, meaning New York has a 63% chance of winning the series.
The odds stated above have been adjusted through a proprietary Pregame.com formula to remove the commission charged by sportsbooks. Without this adjustment, the odds against a result are understated substantially (often upwards of 50%). For example, an event whose true odds are 10-1 against will often be incorrectly stated as 7-1 against (the difference is the commission charged by the sportsbook). As a result, there is an overstatement of the chances of the event happening. The failure of nearly all widely circulated odds to account for this adjustment makes those numbers unreliable and misleading.
MEDIA NOTE: Print, radio, TV, and Internet media should feel free to quote any information above. Please attribute: RJ Bell of Pregame.com. For follow-up questions, or media appearances - email: [email protected]
About RJ Bell of Pregame.com:
RJ Bell of Pregame.com is the only sports bettor on Forbes' recent list of Gambling Gurus and has been called "a true insider" by ESPN, "incredibly astute" by AOL and a "point-spread maven" by USA Today. Mr. Bell has been featured on CBS News with Katie Couric, ABC News with Charles Gibson, Nightline, Sportscenter, Outside the Lines (ESPN), First Take (ESPN2), Mike & Mike, Colin Cowherd, Jim Rome, Dan Patrick, ESPN.com, FoxSports.com, Yahoo, CNN.com and in the Wall Street Journal, Associated Press, LA Times, Newsweek.com, Bloomberg, Maxim, and Sports Illustrated. Pregme.com is the largest sports betting news website compliant with US Law.
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