Please enjoy the following guest post...With the new MLB season underway, albeit still in its infancy, it is interesting to look at how the pre-season favorites with the bookies are faring now that the action has started. Certainly there is little question that the New York Yankees were considered one of the hot favorites on paper – for both the American League pennant and World Series – before the season started, but they have undoubtedly slipped down the odds rankings since then. They are now rated 7/1 for the American League and 14/1 for the World Series on many sites.Clearly this hardly makes them a rank outsider bet for either title, but it does show how things can change once the play actually starts, and why futures’ betting is a risky game. The side now at the...

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