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Posted: 11:19 AM
Here’s the quote from longtime Caesar’s Palace Race and Sports Book Director Chuck Esposito: “I’m guessing (this year’s NBA Finals) will generate the most action since some of the Jordan/Bulls finals.  I would easily put the Lakers and Celtics as one and two or one and three (most popular NBA bets), the only other teams that draw that much interest in the NBA would also be the Bulls and Knicks. The action in the finals should be unreal.”
 
There is almost always an advantage for sharp bettors in situations where public money must be accounted for in the linesmaking process.  Remember, with the lone exception of the NFL, lines are set in every other sport to beat the professional bettors, not the public.  In a series like this, with an influx of public money, the betting marketplace can get skewed. 
 
In particular, I expect the sports betting marketplace to over-adjust from one game to the next, based on the public's reaction to the previous game. The single most profitable long term trend in the NBA playoffs is to back quality teams off subpar showings -- these type of teams tend to bounce back extremely well off a poor performance.  In this series, I expect we'll find more than one opportunity to back a top notch team off a lousy game at a pointspread that reflects the public money.
 
Another area where the public tends to over-react is with the importance (or lack thereof) of the home court.  And with the Celtics winning and covering at home in Game 1, that should only intensify the trend. 
 
Amateur bettors don’t seem to have noticed, but road teams had a winning ATS record in the two conference finals (6-5 ATS) after their collectively horrific showings in Round 2.  That number would be 7-4 were it not for Sasha Vujacic's unlikely (and unwarranted) three pointer at the buzzer in Game 5 against the Spurs. 
 
The Celtics were the best road team in the league during the regular season, and they snapped out of their postseason funk with a pair of strong wins and covers at Detroit in the Conference Finals.  The Lakers have been the best road team here in the playoffs -- in fact, the only team through the first three rounds of the playoffs to earn a winning record SU and ATS on the highway. 
 
I expect the betting marketplace (in particular square bettors) to over-value homecourts here in the Finals as well.  Let's not forget that the Lakers, even after their Game 1 loss,  went 15-3 ATS as an underdog of less than six points this year, while the Celtics went 8-2 ATS as underdogs of three points or more this year, and they'll be dogs of three points or higher in all three games at LA.....
 
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Friday, June 26, 2009
Posted: 1:42 PM
From the pages of the Sportsmemo Newsletter...

San Francisco (Cain) +145 at Milwaukee (Gallardo)
Matt Cain has shown Cy Young caliber stuff in nearly every one of his 14 previous starts this season. He allowed two runs or less in 11 of those 14 outings, and six of his last seven. Cain is coming off a stellar eight-inning, three hits allowed performance against Texas, one game after his complete game four hitter against Oakland. The Giants have won each of his last nine starts. Very quietly, under the radar, San Francisco is emerging into a legitimate contender in the NL. The Giants would be the NL’s Wild Card team if the season ended today. Since their 3-8 start, the Giants are now 34-23 in their last 57 games. This is a competitive team, but the betting marketplace continues to price them very cheaply. San Francisco’s mediocre preseason expectations have them fifth out of 30 MLB teams in terms of profitability this year...exactly the type of team I’m looking to support. Milwaukee’s Yovani Gallardo will most assuredly be the favorite here, based on his season long 7-4 record and 3.00 ERA. But Gallardo’s command has been off in recent starts, walking four batters or more five times in his last eight trips to the hill. Gallardo has needed 328 pitches to labor through 17 innings of work in his last three starts, losing twice in the process. Expect more of the same on Friday.  Recommendation: San Francisco

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Posted: 12:04 PM
Everybody loves to grade the NBA draft as soon as it’s over – it’s a natural part of the draft day process.  And despite the fact that these grades are wrong as often (or more often) than they are right, I just can’t help myself.  Sure, these players have been poked and prodded, measured in every way that GM’s can conceive.  They’ve been interviewed repeatedly, tested and watched again and again on video. 
 
Still, even with all of the assessments and ratings, draft busts litter the landscape.  Notable Top 5 pick failures from the 2000-2006 drafts (its too early to properly rate the ’07 and ’08 classes)  include Adam Morrison, Shaun Livingston, Darko Milicic, Nikoloz Tskitishvili, Jay Williams, Mike Dunleavy, Kwame Brown, Eddy Curry, Stromile Swift, Darius Miles and Marcus Fizer.  If you delve deeper than that, looking at the full lottery or the entire first round, the number of ‘can’t miss prospect’ failures rises significantly. 
 
Clearly, my initial ‘good draft-bad draft’ ratings should be taken with a heavy dose of skepticism, until these guys prove their worth at the NBA level.  That being said, I’ve got some strong opinions that I won’t hesitate to share.  We’ll start with the ‘Draft Winners’ today; moving on to the ‘Draft Losers’ column next time.  Without further ado, let’s look at six teams that I consider to be ‘winners’ following draft night.  Teams are listed in alphabetical order.
 
 
Atlanta:
First the Hawks literally stole Jamal Crawford away from the Warriors for Acie Law and Speedy Claxton, neither of whom will ever start an NBA game unless there is a significant injury to the ‘real’ starter.  Crawford can score points in bunches, an ‘instant offense’ kind of player for a team that needs more offensive weapons.  Then Atlanta nabbed point guard Jeff Teague from Wake Forest with the 19th overall pick, an absolute steal for a guy who could make Mike Bibby expendable sooner rather than later.
 
Denver:
The Nuggets entered the draft without a pick.  But Denver did not sit quietly, making a single strong move that will pay dividends both short term (the window for Denver to compete for championships is right now), and down the line as they develop a point guard to eventually take over the starting role from Chauncey Billups.  The Nuggets traded away a future first rounder for Ty Lawson from North Carolina with the #18 pick.  Lawson is a perfect fit to learn and contribute as a rookie behind one of the game’s consummate professionals.
 
Houston:
The Rockets didn’t have a first round pick, and they don’t have many tradable commodities.  And Houston has salary cap issues, unable to deal away Tracy McGrady and his fat, long term contract.  What does a team like this do on draft night?  Simple!  They open up the checkbook and start buying second rounders with upside.  I’m not sure that Jermaine Taylor, Sergio Llull and Chase Budinger are going to be solid NBA contributors.  But the point is they might, and Houston gets all three for pennies on the dollar, without having to offer any of the trio a guaranteed contract.  If any one of those three turns into a good NBA player, the Rockets have done well.  If two out of three succeed, one of the few teams with a solid recent history of second round draft choices will have done it again!
 
Memphis:
Chris Wallace is an easy GM to hate.  He nearly singlehandedly ruined the Boston Celtics during his tenure in Beantown.  Since arriving in Memphis, Wallace is responsible for one of the worst trades in recent memory (Pau Gasol for nothing); just one of many deals that have left the Grizzlies as a true bottom feeder.  But Wallace has drafted some key cogs with lottery picks in recent years, and the Rudy Gay/OJ Mayo/Mike Conley trio has the makings of a nice threesome.  But none of those three guys played a lick of defense last year, and, as we know, defense wins championships.  The Grizzlies three player haul on Thursday Night – Hasheem Thabeet, DeMarre Carroll and Sam Young are all extremely tough kids and excellent defenders who should improve the Grizzlies mindset on ‘D’ from Day 1 of the ’09-’10 season.
 
San Antonio:
The Spurs have routinely found talent deep in the draft.  Sure, Tim Duncan was the #1 overall selection in the 1997 draft, but San Antonio has been reloading without the benefit of lottery picks ever since Duncan came onboard.  Manu Ginobili was picked at the bottom of the second round; 27 players went higher than Tony Parker back in 2001.  In an effort to get back into championship contention while Duncan still has some game, the Spurs picked up swingman Richard Jefferson for pennies on the dollar from Milwaukee prior to the draft.  Jefferson is a perfect fit here; a savvy veteran with the ability to get to the basket as well as the ability to shoot from the perimeter.  Without a first round pick, the Spurs nabbed the free-falling low post power DeJuan Blair from Pittsburgh, arguably the steal of the draft.  Then the Spurs picked up perimeter sharpshooter Jack McClinton from Miami and Parker clone Nando De Colo from France.  Put it together and we’re looking at one the most talented trio of second round potential contributors in recent memory.
 
Washington:
Ok, the Wizards didn’t have a draft.  Given the track records described above, that’s not necessarily a bad thing.  Instead of prospects, the Wizards got a pair of ‘sure things’.  Washington traded the #5 pick to Minnesota for Randy Foye and Mike Miller.  Foye, the #7 selection in the 2006 draft, was really starting to come into his own last year before he got hurt.  Miller is a former Rookie of the Year with an excellent perimeter shooting touch.  The Wiz were looking for complimentary pieces for their Big Three (a healthy Gilbert Arenas, Antawn Jamison and Caron Butler) and they found a pair who can contribute right away.
 
 
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Wednesday, June 17, 2009
Posted: 9:19 AM
Detroit @ St Louis (Jackson vs. Wellemeyer)
Recommendation: Take Detroit (-120)
 
Detroit hasn’t suffered any extended losing streaks this season, in large part because their starting pitching has been good enough to carry them through any offensive slumps.  On the night after Justin Verlander’s extended string of excellence finally ended, look for Edwin Jackson to return the Tigers to their winning ways this evening.
 
Jackson has been downright dominant since the beginning of May; 5-1 with a 1.61 ERA in his last seven starts.  Jackson has been equally dominant on the highway in 2009, entering tonight’s game with a 1.55 ERA, allowing less than a baserunner per inning in his seven previous road outings.  Facing a Cardinals lineup held to three runs or less in nine of their last 13 and 28 of their last 47 games, look for another strong showing from Jackson tonight.
 
Todd Wellemeyer won 13 games for St Louis last year, while pitching a career high 191 innings.  It’s clear that last year’s workload has affected the Cardinals righty here in 2009.  His velocity is way down, his strikeouts are way down, his walks are up.  Last year, opposing batters hit .245 against Wellemeyer.  This year, they are hitting .307 against him.  Wellemeyer has only one quality start in his last seven trips to the hill, and he’s been hit extremely hard in each of his last two outings.  The Cardinals are underdogs at home tonight for a reason…..
 
Take Detroit.
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Monday, June 15, 2009
Posted: 11:42 AM

When Kobe Bryant, Pau Gasol and the Lakers’ supporting cast carried LA past Orlando in Game 5 to earn the NBA title, it marked the end of another wild and wacky NBA season. In this article, I’ll take a quick look back at just what happened during LA’s run to the title.

The NBA is not like other leagues. In the NFL, it’s not unusual to see a team come from nowhere to earn a victory in the Super Bowl. In the last decade, we saw virtually unknown teams like the Baltimore Ravens and Carolina Panthers, or perennially losing squads like the Tampa Bay Bucs and Arizona Cardinals all reach the big game and cover the pointspread when it counted most. In baseball, we’ve seen bottom feeders like the Rockies, Rays and Marlins all reach the World Series in the last half dozen years.

For an NBA team to win the title, they need to win 16 times over an eight-week span of playoff games. NFL teams can win the Super Bowl with as few as three playoff victories; baseball teams need 11 wins in the span of less than a month to earn a title. Even an elite college basketball squad like North Carolina needed only a relatively modest six-game winning streak over two and a half weeks to cut down the nets as NCAA Champions.

A postseason hot streak goes much further in football or baseball than it does in the NBA as Denver Nuggets and Cleveland Cavaliers supporters found out the hard way in the Conference Finals. Both teams looked unstoppable in the first two rounds of the postseason; each lost their Conference Finals matchup in six games after cooling off in a hurry.

Meanwhile, an NBA team that is not playing their best basketball at the start of the playoffs has ample opportunity to get into a better flow as the weeks pass and one series fades into the next, as LA Lakers faders found out the hard way. And injuries can take even the mightiest contenders out of the equation – just ask those with future tickets on the Rockets, Spurs or Celtics about how much of a chance their teams had without Yao Ming, Manu Ginobili or Kevin Garnett respectively.

The Lakers and Celtics met in the Finals last year, with Boston earning the title in six surprisingly easy games, covering the pointspread all six times. LA and Boston were the preseason favorites to return to the Finals this year; and the betting marketplace had those two teams 1-2 on the future board all year long; ahead of Cleveland, San Antonio, Orlando and the other contenders.

Boston lost their heart and soul when Garnett went down. And the veteran team ran out of gas, needing a full seven games to dispense the Bulls in the first round and seven more before they fell to the Magic. The Lakers stayed healthy and they got better as the postseason progressed. Like Boston last year, LA played their best basketball in their last two games of the conference finals and into the NBA Finals, earning their first title since the Shaq-Kobe three-peat dynasty last won in 2002.

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Tuesday, June 2, 2009
Posted: 9:34 AM

Finally, grudgingly, the betting marketplace seems to be giving the Orlando Magic the respect that they have earned here in their impressive and dramatic run to the Finals.  The Magic were bigger underdogs in their series against Cleveland, both in terms of the series price and in the actual game pointspreads.  Stan Van Gundy’s squad was in the range of a nine point underdog in the first two games of their series against the Cavs; now only a six point underdog in Game 1 against the Lakers.  And after starting the series as 4-to-1 underdogs against Cleveland, the Magic are only slightly more than 2-to-1 underdogs at the start of this series.

But before we give Orlando too much credit, let’s not forget that they are still significant underdogs to win the series and in my opinion, they deserve to be just that.  When we break down the matchups, the Magic don’t seem to have the same type of edges they enjoyed against the Cavs; a team that was not able to get their role players to step up and produce when it mattered most.

The Lakers are bigger than the Magic in the low post.  Andrew Bynum and Pau Gasol are younger, quicker and stronger than anyone the Cavs had to battle with Dwight Howard.  Even though the Magic won both regular season meetings between these two teams, Howard was contained in both contests, held to twelve made baskets in the two games combined.  If Howard gets into foul trouble, forcing extra playing time for Marcin Gortat or Tony Battie, the Lakers will have a significant edge in the paint.

Orlando’s biggest matchup edge against any team is with their perimeter shooters.  Hedo Turkoglu and Rashard Lewis have proven to be extremely difficult to defend because of their ability to hit the three point shot combined with their ability to drive to the basket, creating opportunities for their teammates while getting to the free throw line.  Lamar Odom and Luke Walton are likely to get ample playing time in this series.  Their cumulative defensive acumen against the Magic’s forwards will be crucial for LA’s defensive success.

Courtney Lee, Mickael Pietrus, Anthony Johnson, JJ Redick and Rafer Alston have all stepped up at times this postseason, draining the life out of their opposition with stellar perimeter shooting.  LA has the depth and athleticism to match up with the Magic behind the three point line.  Trevor Ariza, Shannon Brown, Jordan Farmar, Sasha Vujacic, Derek Fisher and, of course, Kobe Bryant will be charged with the task of containing Orlando’s smaller perimeter sharpshooters.  The Lakers did a tremendous job containing the Nuggets three point shooters, holding Denver under 30% from behind the arc in the Western Conference Finals.  They’ll need a similar defensive mindset against the bevy of three point shots that Orlando is likely to attempt.

The Lakers did not play very well in the Finals last year.  Boston was bigger, tougher and hungrier; nothing that Phil Jackson could coach around.  This year, a wiser, hungrier Lakers squad is in better position to earn Jackson his 10th championship as an NBA head coach, although it won’t come easy – the Magic are quite capable of making LA earn this title, as opposed to coasting to it.  Teddy’s prediction: Los Angeles in six.

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