MLB Lockout Odds: Oddsmakers Expect Baseball To Start on Time
MLB Lockout Prediction: Oddsmakers Expect Baseball To Start on Time
Oddsmakers have believed that the MLB season will start on time since the end of January. So, the recent progress made on the CBA is no surprise to them. Even now with a deadline rapidly approaching, oddsmakers believe the MLB season will start on time.
Since January 22nd, oddsmakers have given -150 odds, or an implied 60% chance that the MLB season will start on time. Those odds haven’t changed since then. Oddsmakers are steadfast in their belief that the season should start on time this year.
However, that confidence isn’t concrete. They do acknowledge the strong possibility that the sides can’t come to an agreement, giving +110 odds or an implied 47.6% chance that the season gets delayed.
Still, this was a massive change from the oddsmakers’ original stance that there’s was little to no chance a season would be played on time. Before the shocking, at the time, flip oddsmakers had given -250 odds, or an implied 71.4% chance, to the possibility of a delayed season. A March 31st start date was originally given +170 odds, or an implied 37% chance of happening.
The oddsmakers saw the writing on the wall. They knew that both sides were going to cave before they lost millions of dollars in a fight over the CBA. Nothing is finished yet, but momentum seems to be pushing a deal across the finish line soon. If it does then credit where it’s due. Oddsmakers were some of the lone optimists, and it looks like they may have been right.
WILL THE MLB SEASON START ON TIME ODDS
|Odds||Implied chance||March 31st Opening Day?|