wal66
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Wally, luck plays far too much of a factor into a players ERA for ERA to be a beneficial handicapping tool.
This sounds like pure bullshit. I hope it is due to that lack of sleep causing your brain to not function.
A pitcher has an off day, the opponents are seeing the ball particularly well on a given day, shear will and determination on either the pitcher or the batter, a particular team just having a guys number are all factors that go into supporting or countering an ERA and none of those things are based on luck.
Granted, you can't or shouldn't base a play solely on ERA's because you'll never know all the surrounding factors on any given outing but ERA's are helpful and when they are supported with others elements can help.
Get some sleep Daft.