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Large
Red Sox -207
I rarely find value on large favorites, but it does not take a lot of value to make a large favorite a large play. Starting the season with a 6 and 10 clip and with Lester not looking good out of the gates and coming off his worst outing since last May, the market sentiment on the Red Sox appears to be a bit bearish. With Millwood having a relatively close valuation with Guthrie, and the Orioles trading at the same price as they went off yesterday, the market appears to be valuing the Mariners at home with Felix the same as the Red Sox at Fenway with Lester. Intrinsically, this doesn’t make sense. The Orioles have won just two of 16 games, and now have to play an eighth straight road game. They have scored more than three runs in just four games thus far. Lester dominated the Orioles last year. His slow start is not uncharacteristic for him, so a potential injury or mechanical flaw is less probable. Backed by an elite bullpen, the Red Sox have leverage with his increased risk. Guthrie has three straight quality starts. The odds are stacked against him to make it four straight. No other team gave him more problems than the Red Sox last year. He also struggled in Fenway. In 08, his only start in Fenway was also a disaster. With the Red Sox past success against him coupled with their propensity to force high pitching counts on opposing pitchers, the Orioles bullpen should have a role in this game. Being the worst pen in baseball, this does not bode well for their chances.
Large
Red Sox -207
I rarely find value on large favorites, but it does not take a lot of value to make a large favorite a large play. Starting the season with a 6 and 10 clip and with Lester not looking good out of the gates and coming off his worst outing since last May, the market sentiment on the Red Sox appears to be a bit bearish. With Millwood having a relatively close valuation with Guthrie, and the Orioles trading at the same price as they went off yesterday, the market appears to be valuing the Mariners at home with Felix the same as the Red Sox at Fenway with Lester. Intrinsically, this doesn’t make sense. The Orioles have won just two of 16 games, and now have to play an eighth straight road game. They have scored more than three runs in just four games thus far. Lester dominated the Orioles last year. His slow start is not uncharacteristic for him, so a potential injury or mechanical flaw is less probable. Backed by an elite bullpen, the Red Sox have leverage with his increased risk. Guthrie has three straight quality starts. The odds are stacked against him to make it four straight. No other team gave him more problems than the Red Sox last year. He also struggled in Fenway. In 08, his only start in Fenway was also a disaster. With the Red Sox past success against him coupled with their propensity to force high pitching counts on opposing pitchers, the Orioles bullpen should have a role in this game. Being the worst pen in baseball, this does not bode well for their chances.