“The European soccer season gets under way in earnest in the days ahead. But as usual, there is something missing: true uncertainty about who will be on top when the season ends. While each of Europe’s top five leagues is made up of as many as 20 teams, only a few rich teams are seen to have a real chance at winning the league title. A look at bookmaker’s odds shows that for the have-nots, the chances of winding up at the top of the table are increasingly close to zero. In this exercise, the chances are calculated by translating odds to percentages — a team that is 2-1 has a 33 percent chance of winning the title, for example, and an 8-1 shot has an 11 percent chance. However you figure it, the deck is stacked against most of the teams in every race.” NY Times