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Old 09-18-2004, 05:25 AM
mrbaseball mrbaseball is offline
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Join Date: Feb 2003
Location: Chicago area
Posts: 384
Default Re: how good can you be at tournament poker?

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most people significantly overestimate the skill difference between winners and losers, in almost every kind of sporting endeavor

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This is what makes baseball betting so good! The favorites almost always get overbet skewing the lines often toward the underdogs. The talent gap between "good" teams and "bad" teams is minimal and most teams hover in the gray murky middle, Once in a while you have some pathetic outliers like Arizona this season or Detroit last season. Or ocassionally teams like the Mariners or Yankees of a few years back that had +.700 seasons. But these are rare instances. But for the most part the very best teams win less than 60% of the time and the bad teams still win at least 40% of the time. You would never know it though by how the lines can skew. But people want to pick a winner so they are willing to lay more odds than they should on a slight favorite.
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