Find value betting baseball's most overachieving/underachieving teams
By JOE FORTENBAUGH
As the old saying goes, “You can’t win a World Series in April…but you sure can lose it.”
With the first month of the 2015 MLB campaign in the books, it’s worth taking a detailed look at the current standings - if for no other reason than to establish a reference point for what we’re about to discuss.
Since MLB instituted its new playoff format in 2012, 26 of the 30 teams (86.6 percent) to qualify for the playoffs found themselves within 3.5 games of first place at the close of business on April 30. In fact, a surprising 21 of those 30 postseason squads (70%) were actually within two games of the divisional lead.
We’ve watched April basement dwellers change their luck and surge up the standings in the past, but recent history demonstrates that hanging tight through the first month of the season plays a somewhat significant role in whether or not a team will challenge for the World Series.
There’s obviously plenty of time left to make a dramatic push, but some are already asking whether or not preseason favorites like Washington and Cleveland will get their acts together. But the more important question to ponder at this point in the season may be whether or not we can trust the current standings as accurate indicators as to the quality of each team’s roster and managing.
A popular method to employ when attempting to eliminate luck from a team’s overall record is Bill James’ Pythagorean winning percentage, which is an estimate of a club’s winning percentage based on its runs scored and runs allowed. The good news for you guys is that we’ve applied the formula to each team in baseball through Sunday night’s Yankees-Red Sox tilt, so you don’t have to worry about the math.
Below you’ll find five teams that are either overachieving or underachieving through May 3, along with each team’s current record and Pythagorean won/loss record. The purpose of this analysis is to identify which MLB teams are poised for either a surge or fall in the immediate future while being offered at a reasonable price based off a faulty understanding of current records.
Oakland Athletics (11-15, Pythagorean record of 14-12): How does a team that ranks in the Top 5 in MLB in scoring and Top 12 in team ERA find themselves four games under .500 at the beginning of May? Simple. By playing lousy defense (27th in errors per game) in conjunction with a gas can of a bullpen (4.92 ERA, 28th).
The good news for the A’s is that reinforcements are on the way in the form of veteran outfielder Coco Crisp and closer Sean Doolittle. Oakland currently boasts a run differential of plus-18, which is the best in baseball for any team with a sub-.500 record. Assuming the bats stay relatively hot, this team is due for an incendiary winning streak.
Houston Astros (18-7, Pythagorean record of 15-10): Baseball’s biggest surprise through the first month of the season, Houston’s electric plus-37 run differential (third in MLB) and pitching (3.08 ERA, fourth) has led the Astros to an astonishing seven-game lead in the American League West.
Credit a relatively soft schedule that featured 19 games against divisional opponents who are either slow out of the gate (Angels, A’s, Mariners) or downright terrible to begin with (Rangers), as well as a three-game set with a Cleveland Indians team that is dreadful at the moment. The Astros’ upcoming schedule features more of the same, so don’t be surprised if this club enters the month of June still atop the standings. But at some point, don’t say you weren’t warned about a regression.
Milwaukee Brewers (7-18, Pythagorean record of 10-15): The Brewers are a bad baseball team, but Milwaukee won’t be this awful over the course of a 162-game season. Part of the organization’s sluggish April can be chalked up to matchups against some of the best and/or hottest teams in baseball, like six showdowns with the Cardinals and three with a Rockies team that sprinted from the gates at the sound of the gun.
However, somebody’s head apparently needed to roll after that horrific April, so the team dumped manager Ron Roenicke Sunday night in the hopes of lighting a fire under the asses of this underachieving roster.
St. Louis Cardinals (18-6, Pythagorean record of 15-9): An excellent start, no doubt. But the Cardinals have put together an 18-6 record by playing against competition that boasts a combined mark of 65-85, with the Chicago Cubs serving as the only St. Louis opponent currently in possession of a winning record.
In addition, this team will certainly feel the loss of All-Star pitcher Adam Wainwright, who is done for the year after having suffered a ruptured left Achilles tendon last week. Keep an eye on an upcoming 10-game stretch against the Tigers, Mets and Royals.
Detroit Tigers (17-9, Pythagorean record of 14-12): After winning nine of their first 10 games, Detroit has come back down to earth by posting an 8-8 mark that included a losing three out of four games with the Yankees.
Detroit may rank 11th in scoring (4.44 runs per game), but the team’s team ERA is a pedestrian 3.95, which ranks 16th in baseball. With Max Scherzer in Washington and Justin Verlander not expected back until June, .500 baseball makes perfect sense for this club.
ACTUAL RECORD VS. PYTHAGOREAN WON/LOSS RECORD
*Pythagorean won/loss record in parenthesis.
AL EAST
New York Yankees: 16-9 (14-11)
Baltimore Orioles: 12-11 (12-11)
Tampa Bay Rays: 13-12 (12-13)
Boston Red Sox: 12-13 (12-13)
Toronto Blue Jays: 12-14 (13-13)
AL CENTRAL
Detroit Tigers: 17-9 (14-12)
Kansas City Royals: 16-9 (15-10)
Minnesota Twins: 13-12 (12-13)
Cleveland Indians: 9-15 (10-12)
Chicago White Sox: 8-14 (9-13
AL WEST
Houston Astros: 18-7 (15-10)
Los Angeles Angels: 11-14 (12-13)
Oakland Athletics: 11-15 (14-12)
Seattle Mariners: 10-15 (11-14)
Texas Rangers: 8-16 (10-14)
NL EAST
New York Mets: 16-10 (14-12)
Atlanta Braves: 12-13 (12-13)
Miami Marlins: 12-13 (13-12)
Washington Nationals: 12-14 (13-13)
Philadelphia Phillies: 9-17 (10-16)
NL CENTRAL
St. Louis Cardinals: 18-6 (15-9)
Chicago Cubs: 13-10 (12-11)
Cincinnati Reds: 12-13 (12-13)
Pittsburgh Pirates: 12-13 (14-11)
Milwaukee Brewers: 7-18 (10-15)
NL WEST
Los Angeles Dodgers: 16-8 (14-10)
San Diego Padres: 14-12 (14-12)
San Francisco Giants: 12-13 (11-14)
Colorado Rockies: 11-13 (10-14)
Arizona Diamondbacks: 10-14 (12-12)