Pennant winner predictions

Hmm, middle of August and the pennant races are beginning to heat up. Well, the races for 4th seed in each league are heating...but that is the topic of a different post.

Where are the investors putting their money as far as the Pennant winners in each league?

From the National League there are three teams being given a 10% or better chance to win the NL. The New York Mets (34.9%), the St Louis Cardinals (22%) and the Los Angeles Dodgers (14%).

Over in the Junior Circuit there are five teams at a better than 1 in 10 chance of winning the AL. The New York Yankees (23.5%), the Detroit Tigers (22%), the Chicago White Sox (16.9%), the Boston Red Sox (13.7%) and the Oakland Athletics (12%). For those of you wondering, the Minnesota Twins are next at 6.5%.

Now, what about the World Series? New York has the top two spots. The Mets are given a 17.1% chance to win it all and the Yankees 15.5%. The Tigers are next at 12.1% and the White Sox at 11.8%.

The rest of the stronger candidates to win their pennants are not being given much chance to win the World Series. Cardinals: 9.2%, Red Sox: 9.1%, Athletics: 6.7% and Dodgers: 5.3%. The Twins...3.9% chance to win the World Series.

Now, if you buy 10 contracts of each of the top 5 teams World Series contracts (Mets, Yankees, Tigers, White Sox and Cardinals) that would cost you a total $65.70. How?

Mets at 17.1% costs $1.71 per contract x 10 contracts = $17.10
Yankees at 15.5% costs $1.55 per contract x 10 contracts = $15.50
Tigers at 12.1% costs $1.21 per contract x 10 contracts = $12.10
White Sox at 11.8% costs $1.18 per contract x 10 contracts = $11.80
Cardinals at 9.2% costs $.92 per contract x 10 contracts = $9.20
TOTAL = $65.70

If one of those 5 teams DOES win the World Series that contract will pay $10 per contract...giving you $100.00. (The other ones will cash out a $0). That is a net gain of $34.3...a return of 5.22% over 2 1/2 months. That is like an APR of 25% or so.

Not bad.

Go set up an account and good luck!!