Oswalt traded to Phillies

Baseball Betting Lines

07/29/2010 - Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia Phillies completed their trade for Roy Oswalt on Thursday, acquiring the pitcher from the Houston Astros.

The Phillies also received cash considerations, and sent pitcher J.A. Happ and two prospects -- outfielder Anthony Gose and infielder Jonathan Villar -- to Houston.

Oswalt will make his first Phillies start Friday in Washington.

Oswalt is owed approximately $5 million for the remainder of this season. He's due to make $16 million next season and there is a club option of $16 million in 2012 or a $2 million buyout.

The 32-year-old Oswalt, who has only pitched for Houston over his 10-year career, is 6-12 with a 3.42 ERA this season. He's lost his last two starts, but has received little run support from his team. In fact, the Astros have scored two runs or less each of the last six times he's pitched.

With 143 wins, Oswalt is one victory shy of matching Joe Niekro as the all- time leader in Astros franchise history.

The addition of Oswalt gives the surging Phillies a powerful 1-2-3 punch in the rotation, led by Roy Halladay and Cole Hamels. Additionally, the Phillies acquired a frontline starter for the second straight season, having traded for Cliff Lee last year.

Lee helped the Phillies reach the World Series for a second consecutive year in 2009, and Philadelphia is hoping Oswalt will help the club in its push to get back there this year.

The Phillies have won a season-best seven games in a row and were 3 1/2 games behind first-place Atlanta in the NL East standings following Wednesday's games. The Astros are well out of the playoff race at 42-59, and now lose the face of their rotation.

In return, Houston gets a young left-hander in Happ. The 27-year-old broke out in 2009, when he went 12-4 with a 2.93 earned run average in 35 games (23 starts). He had three complete games, two shutouts and finished second in the NL Rookie of the Year voting.

Happ has made only three starts this season, as he went on the disabled list in April with a left forearm strain. On Sunday, Happ made his first start since returning from the DL, and is 1-0 with a 1.76 ERA this year.

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Horse Betting

(This is an update of a sportsbook for the May 4th issue of ESPN The Magazine).

The Kentucky Derby's post-position draw happened on Wednesday. And, as is always the case, shortly afterwards, a buzz raced around Churchill Downs. It was a low rumble at first, nothing that the squares in the mint julep crowd pick up right away. But by the time the sun set over the twin spires, the chatter was impossible to ignore. Everyone -- sharps, trainers, owners -- was talking about one thing: the wise guy horse, the pre-draw long shot us mopes didn't have on our radar until it was too late.

"You think you're hearing the scoop," says handicapper Lane Gold. "Then you get to the window, the odds are short, and you missed it."

Recognizing a wise-guy horse early is as hard as picking a Derby bonnet. That's because handicappers don't like hype (see ya, I Want Revenge). They want Thoroughbreds who look good losing prep races like the Santa Anita Derby. They eye horses who ate up the field after starting wide or made an easy transition from synthetic tracks to dirt. They look for ponies who showed muscle gain race to race and those who ran hard after several weeks' rest.

"A wise guy," says John Avello, a bookmaker at Wynn Las Vegas, "looks for a horse who can improve."

When I first wrote Horse Betting for The Mag, which I turned in a three weeks before Wednesday's draw, I predicted these three horses had wise guy potential:

CHOCOLATE CANDY (15-1 in mid-April, currently 20-1 according to Avello): His second-place finish at Santa Anita, following a seven-week layoff, proved two things: He can run after resting, and -- by losing a high-profile prep race -- he wouldn't be overhyped.

DESERT PARTY (15-1; 15-1): He was upset in the UAE Derby by a horse he had beaten twice. The public remembers his loss, but the wise guys his wins.

PIONEEROF THE NILE (8-1; 4-1): The big favorite at Santa Anita struggled to win, so he initially got less hype than Quality Road and I Want Revenge.

You may have noticed that the odds on Pioneerof the Nile have been cut in half, from 8-1 to 4-1. Which means the wise guys took a shine to him long before the post-position draw. But, to be honest, this is one of those years with four elite horses getting everyone's attention, squares and sharps alike.

"You're not gonna get a lot of chatter about a horse that isn't in that group, which includes Pioneer, I Want Revenge, Dunkirk and Friesan Fire," Avello told me Wednesday. "We don't have a group of horses behind those top four who look like real legit contenders."

Come Derby week, the final two elements in picking a wise guy horse are how he's working out and what gate he's coming out of.

(By the way, picking a Preakness favorite is a whole different bale of hay, partially based on how horses finish in the Derby. You can see my analysis of who has the best shot at Pimlico on Insider Sunday morning.)

Well, early in the week I Want Revenge, Pioneerof the Nile and Friesan Fire were working out better than anyone. Some thought Friesan Fire, currently 6-1, might have run too fast, burning a five-furlong run in :57 4/5. "When you are running that fast you have the sense that it took something out of him," says Gold. "The Derby is longer than any horse has run, and if they need that extra surge you worry they won't have it because they burned it in the workout."

But, Gold points out, Friesan Fire's trainer is Larry Jones, Two years ago his horse Hard Spun did a five-eighths workout in :57 3/5 and then went on to finish second, behind Street Sense, in the Derby. "Every trainer has different methods," says Gold. "And clearly he knows what he's doing."

Now, as for starting position, Gold says to remember this: Churchill Downs traditionally has 14 starting gates. For the Derby, it brings out auxiliary gates and between the original 14th gate and the new 15th gate, there is a little more space than there is between gates 1-14. "That 15 position will give you a precious second or two to sort out what's happening to your inside," says Gold. "Sixteen is also okay because you can follow the horse in front of you."

Dunkirk, one of the race favorites, is coming out of gate 15. In 16 is Baffert's Pioneerof the Nile. I Want Revenge drew 13, where Smarty Jones won from in 2004, and Friesan Fire picked the sixth position. "He doesn't have a lot of speed to the inside of him," says Gold. "So he will get a clear shot to be near the front."

All the jibber-jabber means this: Pioneerof the Nile has leapfrogged from 8-1 to being the second favorite, along with Dunkirk, behind I Want Revenge. Meanwhile, Friesan Fire, with a good trainer, a strong week of training and a decent post position, is still at 6-1. "By Saturday, it's possible he could go from fourth to the favorite," says Gold.

In other words, meet Friesan Fire, your 2009 wise guy horse.

"Now," says Avello, "it's time for action."

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