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Thursday, February 7, 2008

FROZEN ASSETS


To Win the Conference or to Win the Cup (2)?

Welcome to Frozen Assets. Last week I examined whether parity in the standings led to parity in Stanley Cup odds. There were numerous examples of teams that were either overvalued or undervalued when the odds on them to win the Stanley Cup were compared to their point totals.

Reflecting on last week's article I realized that parity does not exist in the NHL; parity exists within each conference. In inter-conference play the East is 46-52-11 while the West dominates at 63-36-10. Additionally, there is only one dominant team in the NHL this year, and they are in the Western Conference.

How do sportsbooks react to disparity between conferences in the NHL? One would think that odds on Eastern Conference teams to win the Stanley Cup would be more than double the odds to win the Conference. In the West (generally) odds on teams to win the Stanley Cup other than Detroit should be double or less than double their odds to win the conference.

Are they?

Note: If you choose to bet on a team...

Ari recommends you bet on that team to win the Conference


Ari recommends you bet on that team to win the Stanley Cup


*Implied Finals Odds (IFO) is the implied line on a team to win the Stanley Cup should they advance to the final according to the best odds available on each team to win the Conference and the Stanley Cup. For example, if a team is +4000 to win the Conference and +8000 to win the Stanley Cup their IFO is +100.


Eastern Conference



Team……......PPG.......Best Conf. Odds...Best Cup Odds.........Implied Finals Odds*

Ottawa…...........1.26……+225 (Olympic)....….....+614 (WSEX)…......(+173)....

Montreal…....…1.24…….+950 (5dimes)…...........+2500 (5dimes)…....(+178)....

Philadelphia......1.23….…+800 (Ladbrokes)........+1859 (Pinnacle)........(+132)....

New Jersey...….1.19……+900 (Gamebookers)....+2111
(Pinnacle)…....(+135)....

Pittsburgh……...1.19…...+900 (Gamebookers)....+2250
(Olympic)........(+150)....

Boston…………1.11…...+2550 (Olympic)…........+5400 (Betfair).........(+112)....

Buffalo………...1.08…...+4050 (Olympic)…........+8050
(Olympic)......(-101)....

New York (R)….1.07…...+1415 (Olympic) ..........+3050
(Olympic)......(+116)....

Washington....…1.04…...+4050 (Olympic)…........+8000 (Canbet).........(-102)....

New York (I).….1.00……+4000 (Stan James).....+8000 (Bet365)..........(+100)...

Florida.........…...1.00……+5000 (Stan James)....+16000 (Betfair)..........(+220)....

Atlanta………...1.00….....+4000 (Stan James).....+6600 (Betfred)..........(-165)....

Carolina…..…...1.00.…...+1815 (Olympic)…........+4561 (Pinnacle)......(+152)....

Toronto……......0.92…….+10000
(Stan James)......+15000 (Stan James).(-150)....

Tampa Bay…....0.91….…+7000 (Stan James).......+13000 (Bet365)........(-116)....

Average.............1.08............................................................................(+122)....


Western Conference

Team….…....PPG…..Best Odds……......Best Cup Odds............Implied Finals Odds*

Detroit……..1.56…...+145 (Olympic)…......+350 (5dimes).............(+141)....

San Jose…....1.23…...+900 (Stan James).....+1400 (Gamebookers)..(-155)....

Minnesota.....1.21…..+1400 (Gamebookers).+2550 (Olympic).........(-122)....

Dallas....…....1.21…..+1600 (Betfred)….......+2500 (Ladbrokes)......(-178)....

Calgary……..1.15…...+1600 (Gamebookers)..+2550 (Olympic).......(-168)....

Colorado…....1.15…...+2200 (Gamebookers)..+4550 (Pinnacle)......(+107)....

Nashville.......1.13…...+3300 (Gamebookers)..+6600 (5Dimes).........(+100)....

Phoenix….....1.11……+6600 (Ladbrokes)…+12500
(Ladbrokes)…...(+100)....

Anaheim…....1.11…....+645 (Olympic)…....+1015 (Olympic)...........(-174)....

Vancouver.....1.09…....+1615 (Olympic)….…+3050
(Olympic).........(-113)....

St. Louis........1.06...….+5000 (Gamebookers)..+10000 (Carib)…......(+100)....

Columbus…..1.04….…+5000 (Carib)……....+11000 (Betfair)...........(+120)....

Edmonton…..0.98….…+10000 (Gamebookers).+15000 (Betfred).......(-150)....

Chicago….....0.96….…+7000 (Stan James)…...+13000 (Bet365)…....(-116)....

Los Angeles..0.85…....+35000 (Stan James).….+62500
(Bet365)........(-127)....

Average........1.12.............................................................................(-122)....


From a wagering perspective, if your research indicates a team is likely to be successful, make sure that you are determining which odds, conference or championship are more favorable. If you are not able to determine which odds are better, the tiebreaker is to take them to win the conference.

Betting conference odds will allow you more flexibility in managing your risk. For example, if you are fortunate enough to win your conference futures bet and you think your team should win the Stanley Cup then you can put some or all of your winnings on that team to win the Stanley Cup. If you took the team to win the Stanley Cup and they lose in the finals then you don’t win anything...but you will have built character.


For illegal curve, I'm Ari Baum-Cohen

About the writer: Ari-Baum Cohen's first sports betting victory came at age 8 when he won his father's office pool. He screamed like a 14 year-old girl at an Elvis concert when Tampa Bay (had at +3500 to win Cup) and Calgary (had at +15000 to win Cup) made the Stanley Cup finals.

January 31, 2008: Does Parity in the Standings = Parity At the Sportsbooks?
January 17, 2008: Reviewing the Division Predictions
January 10, 2008: 10 Futures Bets You Should Have Made Over the First Half of the Season
January 3, 2008: Glossary of Terms Used on Frozen Assets
December 27, 2007: Ho Ho Horrible Homestands and Road Warriors
December 14, 2007: Western Conference: Starting Odds, Current Odds, Highest Odds
December 7, 2007: Eastern Conference: Starting Odds, Current Odds, Highest Odds
November 29, 2007: How to Find the Sportsbook For You, The NHL's best division - The Central(?)
November 22, 2007: 10 Futures Bets You Should Have Made Over the First Quarter of the Season
November 15, 2007: Explaining the Exchange(2), Random Thoughts on the Futures
November 9, 2007: Exaplaining the Exchange(1), This Weeks Best Bets
November 1, 2007: Profiling the Eastern Conference Teams
October 25, 2007: Profiling the Western Conference Teams
October 18, 2007: To Win the Conference or the Cup? Frozen Assets' European Vacation
October, 11, 2007: Top 5 Hockey Futures Books, Stanley Cup Odds
October 4, 2007: Bad Lines, Soft Lines, and Conference Odds
September 27, 2007: Avoiding Fraudulent Sportsbooks and Preview of Division Betting
September 20, 2007: Introduction to Frozen Assets and Futures Highlights From Last Year

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News You Can Use Late in the Day

1. Scott Burnside profiles Bruce Boudreau and the Capitals as they drive for a playoff spot.
2. David Amber interviews Alexander Ovechkin.
3. John Ferguson Jr. has joined Team Canada as a scout.
4. Defying all possible logic, Darren Dreger thinks the Oilers might be buyers at the deadline.
5. Dreger follows up with his list of 10 Players likely to move at the deadline.
6. Jim Kelley says the Oilers need to try harder. Why isn't this guy coaching in the NHL?
7. Mike Toth calls for a federal inquiry into the skyrocketing cost of ice-time in Canada.
8. Puck That Hit gives us their list of the 10 Best Names in Hockey.
9. Tony Esposito has been named a Blackhawks ambassador.
10. Princeton Tigers forward Landis Stankievech is a Rhodes Scholar. I assume that means he spends his summers at Damien Rhodes' goaltending school?
11. Winkler, Manitoba will play host to this year's Hockey Day in Canada.
12. Crashing the Net looks at USA Hockey's NDTP.
13. Marc Savard hopes to join the Canadian Tour when his hockey career is over.
14. Mike Zigomanis is making the most of his demotion to San Antonio.
15. The Kelowna Rockets are considering adding forward Brock Trotter to their roster after Trotter was dismissed from Denver University.
16. Tom Glavine is still involved with hockey in the Atlanta area.
17. Russian hockey greats Slava Fetisov and Vlad Tretiak put their endorsement behind the new Continental Hockey League. In Soviet Russia, league endorses you.
18. Brian Costello looks at the mathematics involved in winning the draft lottery.
19. The Toronto Star tells us that the NHL salary cap is set to rise again next year, to the tune of about $3 million dollars, meaning that the Leafs can sign another 30 yr old plus defenseman to a 5 year deal.
20. Joe Juneau is coaching hockey in Nunavik. Also note that he holds a degree in Aeronautical Engineering from RPI.
21. Is Daryl Katz Batman?
22. San Jose acquired defenseman JD Forrest (who?) from the Carolina Hurricanes today.
23. The latest Hockey News installment on the Roseau Rams.
24. Former USHL'er Teddy Purcell is tearing up the AHL.
25. Parts One and Two of Mark Seidel's draft preview.

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Mid-Afternoon Injury News

Just a couple of tidbits that may be of interest to fans and poolies:

For Illegal Curve, I'm Richard Pollock.

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NHL Morning Papers (Thursday Edition)

Here are the national morning papers:

Here are the Eastern Conference morning papers:

Here are the Western Conference morning papers:

For Illegal Curve, I'm Richard Pollock.

Email any thoughts, ideas or suggestions to illegalcurve@gmail.com

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Wednesday, February 6, 2008

News You Can Use Late in the Day

1. Damien Cox with his list of 5 teams that have surprised him this year.
2. Celine Dion Phaneuf has signed a 6 year extension with the Calgary Flames, guaranteeing that they will boast the ugliest man in hockey until 2013.
3. Dany Heatley is expected to return to the Senators lineup on Thursday.
4. Peter Forsberg and his one good ankle reject offers from the Stars, Wings and Flames. Look for him to hop on over to the Senators.
5. Nathan Gerbe is a contender for the Hobey Baker, according to INCH.
6. Bob McKenzie dispels any myths that Marian Hossa is heading for Montreal.
7. Fabian Brunstrom and a couple of Linus' headline the top Swedish free agents. Good grief.
8. Adam Schwartz breaks down 5 successful trades that brought in role players.
9. The NHL Insider takes a look at Roberto Luongo and Tomas Vokoun.
10. A recap of all things NHL for the week that was.
11. A look around the CHL from Sportsnet.
12. Taking Note gives us a summary of the WHL Board of Governors meetings, which included a suggestion of a salary cap for off-ice employees.
13. BlackAthlete.net says that hockey doesn't need a "Tiger Woods" type player.
14. Proving that the end may be nigh, Mike Brophy makes sense.
15. Lincoln Stars forward Ryan Kretzer is making the most of his opportunity.
16. Sean Avery and Marek Malik exchange blows (thats what she said) at Rangers practice. Maybe Malik stole some of Avery's fashion mags.
17. Fanhouse hearts George Parros' mustache.
18. Check out this series of posts by Kerry Goulet, detailing his trip through Russia.
19. Allan Muir of SI thinks that the late season additions to the Ducks could do more harm than good.
20. John Buccigross asks NFL fans to give the NHL a shot.
21. The new European hockey league is one step closer to fruition.
22. Interesting article about the possibility of hockey returning to Baltimore.
23. Kyle Wellwood's career is in freefall.
24. Despite trading their captain and starting goalie, the London Knights just keep winning.
25. An exhibit of Maurice Richard items will be making its way to Newfoundland and Labrador.

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NHL Morning Papers (Wednesday Edition)

Here are the national morning papers:

Here are the Eastern Conference morning papers:

Here are the Western Conference morning papers:

For Illegal Curve, I'm Richard Pollock.

Email any thoughts, ideas or suggestions to illegalcurve@gmail.com

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Tuesday, February 5, 2008

Tuesday Editorial: Why is trading so rare in the NHL?

With the NHL trade deadline less than three weeks away and trade rumours at a season-high, hockey fans are all wondering when the first chip will fall. Fans are probably more eager than ever to see a few transactions across the NHL, since, unlike years past, this season has seen little to no player movement. Now, I am not here to provide you with an abundance of trade rumours because there are more than enough websites out there that focus entirely on that topic; rather, I am here to examine why there is such a dearth of player movement in the game today. Looking more closely, I will present the two main arguments you will usually hear as the reasons for this lack of movement. First, I will assess the argument that the lack of NHL trading is due mainly to the $50.3 per team salary cap, which limits player spending and, as a result, doesn’t allow for players to be traded. Secondly, I will examine the argument that parity is the main reason for the lack of movement. Finally, I will decide which of these arguments holds more merit.

First argument: NHL trades are rare because teams have to fit their rosters to a strict $50.3 million cap leaving little or no money for other transactions

After the NHL lost the 2004/05 season to a lockout, the league finally got the hard cap it so desired heading into the 2005/06 season. While the hard cap has rose by more than $10 million since its inception, the cap still limits many teams in their spending ability. The large market teams that were well above the current cap limit prior to the lockout are believed to be close to the salary cap ceiling this season. When these teams head into the season with “allegedly” all their cap room spent, the misperception exists that teams only have the option of trading salary-for-salary in a trade. Salary for salary trades are most common in NBA basketball, and are rarer on the hockey landscape. The rarity of these transactions isn’t difficult to see. Think about how difficult it was to make a trade even pre-lockout; you still had to agree on players, draft picks, etc. With the salary cap, not only do you need to agree on take into account the aforementioned issues, but you also have to take player salaries into account when completing a transaction. Taking all these factors into account, the public may get the impression that trading really looks mighty difficult. However, once you take a closer look at the facts, the picture will appear to be far clearer.

Examining the NHL team-by-team cap numbers (courtesy of NHLSCAP.com) one will realize that only two teams have less than $1 million left: the Maple Leafs and the Flyers. Further, only one team has between $1-$2 million dollars in cap space: the Vancouver Canucks. Therefore, only three teams have less than $2 million dollars in cap space remaining. On top of that, only five teams are between $2-$3 million dollars in cap space. Altogether, that means only one third of NHL teams are within $3 million dollars of the salary cap, while the rest have more space to maneuver. If lack of salary space is such a problem, why do two thirds of NHL teams have enough to make a deal? This leads us into our alternative argument.

Second argument: NHL trades are not so commonplace because most teams are in or close to a playoff spot

As I wrote last week in my Tuesday Editorial, the NHL playoff race is as close as ever. Looking at the race this week, not much has changed. There are only four teams in the entire NHL that are more than six points out of a playoff spot, with just under 30 games remaining for each team. Think about that for a second; 26 NHL teams are in or within a short winning streak of the playoffs.

When trading takes place, the easiest trades to consummate are those between haves and have not’s. That option, however, is less readily present in the parity-ridden NHL. There are hardly, if any, proverbial sellers at this point. Furthermore, if there are only four to six sellers right now, why would any of those sellers deal off their assets before the trade deadline, a time which will most likely result in increased offers? In short, they won’t.

Trades between two playoff teams, or teams striving for a playoff spot, aren’t very common because GM’s generally don’t like to see their former players come back to haunt them. Thus, they generally avoid trading intra-conference. As a result, their options are cut in half, limiting them offers from teams who don’t play in their conference. Small-scale trades like last year’s deal of Aaron Ward for Paul Mara are more likely than intra-conference than a blockbuster.

Which argument is better?

Both arguments have their merits. In fact, some might argue the two arguments are anything but mutually exclusive (seeing as how the salary cap is the reason for parity in the first place). Also, I realize that some teams work within their own self-imposed budget; however, those figures are difficult to obtain from these organizations and, thus, provides me with little, if any, way to have included those numbers in this analysis. Having said all that, examining these two issues separately seems to reveal that NHL teams trade less these days due to their belief that they can compete for a playoff spot, and advance once there, rather than due to the limits that cap constrains place upon them.

For Illegal Curve, I’m Richard Pollock.
illegalcurve@gmail.com

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News You Can Use Late in the Day

1. James Mirtle with a post on David Brine, the first graduate of Making the Cut to skate in the NHL.
2. The weekly release from the USHL.
3. The Avalanche have recalled Michael Wall.
4. Kukla discusses the upcoming trade deadline, specifically the value of rumours.
5. Alex Pietrangelo is drawing comparisons to Chris Pronger. I assume this means he is "friendly" with local tv reporters, has a nasty gap in his teeth and has had Oiler fans burn his baby furniture.
6. Bryan McCabe may return to the Leafs lineup by Thursday night, thus reclaiming his role as lead pylon.
7. The NHL's Junior Report interviews USHL president Gino Gasparini.
8. The ECHL Report you have all been waiting for.
9. Fabian Brunstrom has NHL GM's all aflutter.
10. BC defeats BU to advance to the Beanpot final to face Harvard. How do you like them apples?
11. The Forechecker explores the myth that goalies get better if they are facing more shots.
12. Taking Note details the suspensions and fines handed down by the WHL for last Friday's fights.
13. Maple Leafs' forward Robbie Earl credits Wayne Gretzky for getting him interested in hockey.
14. Scott Morrison details the calamity that has been the Oilers' season.
15. Jim Kelley is pissed off at the Peter Forsberg situation.
16. The Clutch Factor adds more formulas to the way fans look at the NHL.
17. The New York Times suggests that Nike (and likely Bush-Cheney) were ultimately responsible for their own downfall in the hockey market.
18. A slow hockey news day has brought us the story that elite hockey players sweat more.
19. The Phoenix Coyotes have sent Daniel Carcillo to the minors for a wake up call.
20. The University of New Brunswick is the class of Canadian men's college hockey.
21. Dr. Hockey with his list of the 10 Players most likely to be traded at the deadline.
22. Paul Friesen wonders if the asking price for an NHL team has put Winnipeg out of the running for a new team.
23. Proving that he can use complete sentences, Chris Pronger offers advice for Gary Bettman.
24. Kyle Okposo is featured in this week's hot list.
25. Actual Headline: "Oilers Suffer Big Blow". If I "suffered" big blow's as often as the Oilers, I doubt you could wipe a smile off my face.

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NHL Morning Papers (Tuesday Edition)

Here are the national morning papers:

Here are the Eastern Conference morning papers:

Here are the Western Conference morning papers:

For Illegal Curve, I'm Richard Pollock.

Email any thoughts, ideas or suggestions to illegalcurve@gmail.com

Ballhype: hype it up!

Monday, February 4, 2008

THE AHL REPORT

Writers Note: The AHL Report normally appears Sundays, but because of Super Bowl XVII, today's article falls on a Monday. My apologies to all the hardcore puckheads out there!

With a myriad of long-term injuries hitting teams across the National Hockey League, an increasing number of players in the AHL are finding regular ice time with their affiliate teams. Here is a look at some of said players:

- Tomas Plihal, San Jose Sharks. Plihal was recalled from Worcester a few weeks back when veteran forward Curtis Brown was placed on injured reserve and has done a pretty decent job in spot duty. The 24-year-old Czech center only has one goal in five games but may continue to get ice time as his skating ability and offensive skill make him a good utility forward for the Sharks.

- Derek Meech, Detroit Red Wings. The defenceman from the River City (Winnipeg, Manitoba for you non-Winnipeggers) has done a commendable job in 13 games with the Wings. He may not show up on the scoresheet this season but he is getting valuable big league experience. Meech has limited offensive potential but is a good skater and will continue to be the teams No.6 defenseman as Niklas Kronvall is still injured.


- Vladimir Sobotka, Boston Bruins. The 20-year-old Czech center has played 23 games for Boston this season, registering no goals and two assists. A long-term injury to Patrice Bergeron has led to a lengthy role on the team's 4th line for Sobotka as Phil Kessel and Glen Metropolit have filled Bergeron's role. Sobotka has lots of experience in the Czech league but is slowly developing his offensive skills on the North American ice surface.


- Joshua Hennessy, Ottawa Senators- With regulars Daniel Alfredsson and Patrick Eaves out of the starting line-up, Hennessy played on Saturday against the Toronto Maple Leafs. The Brockton, Massachusetts native has played four games for the Sens this season, with no points to report so far, but may stay with the club for more than one week, due to his versatility and attitude. The 2003 San Jose Sharks 2nd Rounder has loads of talent and may earn a permanent third line role next year if he continues his improved play.


- Robbie Earl, Toronto Maple Leafs- Injuries to veterans Chad Kilger and Nikolai Antropov allowed 22-year old Robbie Earl to make his season debut against the Ottawa Senators on Saturday night. Earl is a former University of Wisconsin Badger who has decent size and excellent two-way hockey skills. The Leafs see Earl as being a future role-player for the team, killing penalties and checking opposing forwards.


- Ben Ondrus, Toronto Maple Leafs- The Alberta bruiser appeared in his second NHL game of the season on Saturday night and will likely get sent down later this week but always provides a spark when wearing the Maple Leafs logo. The 25-year-old scored 30 goals twice in the Western Hockey League so there's no reason to believe he can't find a place on the Leafs 4th line if he's willing to do the right things.


- Brian Boyle, Los Angeles Kings. Boyle, recalled from the Manchester Monarchs earlier in the week, scored his first NHL goal and later added an assist on Saturday in a 6-3 loss to the New Jersey Devils. The 2003 1st rounder has likely found a home with the bottom-dwelling Kings as they are desperate for offense and Boyle has oodles of it. Boyle had 105 points in his final two years with Boston College and gives Los Angeles a future power play asset who can man the point with aplomb.


- Jeff Giuliano, Los Angeles Kings. Quick, what do Brian Boyle and Giuilano have in common? Well, Giuliano also played at Boston College and he also registered an assist againt the Devils on Saturday night. Giuiliano has two assists in 25 games and has served as a decent replacement for the injured Scott Thornton. The 28-year-old New Hampshire native is a utility grinder no doubt, and may not figure into L.A's plans next year.


- Brett Sterling, Atlanta Thrashers. Sterling may be the only person who wants uber-star Ilya Kovalchuks to stay on the sidelines. The 2003 5th rounder has three points in 13 games with the Thrasher this year, but was starting to really find his groove in the two games after Kovalchuk went down with an injury. Sterling has played remarkly for the Chicago Wolves this year (36 points in 41 games), building on his remarkable 97 point campaign from 2006'07.


Honourable Mentions: Colin Stuart, Atlanta Thrashers, Nathan Smith, Pittsburgh Penguins, Rich Peverley, Nashville Predators, Cody McLeod, Colorado Avalanche, Dustin Boyd, Calgary Flames.

For Illegal Curve, I'm Ezra Ginsburg.

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