So many of our top sports angles are
counterintuitive. A high percentage of
systems that have won at least 80 units or have a z-score of 4.5 or better
involve betting on bad teams and pitchers and/or against quality teams and
pitchers.
These angles help us anticipate regression to the mean,
isolating overachieving and underachieving teams. This advantage is heightened
by the fact the public fancies betting on superior teams, hence while squares
pay a premium betting overpriced squads, we get a discount on the posted
sportsbook odds.
While this paradigm applies in all sports, certainly not
equally. At one extreme, college football is the only team game in which mother
lode conventionalities often actually favor the better-quality squad.
However in baseball, the semblant paradoxes (to the commoners)
are furthest magnified. There are two obvious whys and wherefores. As I have
stated countless times, oddsmakers overvalue pitching, so baseball levies
higher imposts in select situations than reality justifies.
Furthermore oddsmakers must account for taking bets from plebeians,
who are even more un-persuaded by steep moneylines than lofty pointspreads. To
quote the single worst degenerate gambler I have ever known, “They don’t charge
juice when the bet wins.” Those would be words to live by if a gambler hit 100
percent of bets.
The sharp riposte is that in moneyline betting, bookmakers
do not disburse recompense based on winning percentage.
In baseball betting, many
of the most profitable gamblers in the world have winning…and I do mean,
“winning” percentages of less than .500.
For example if a starting pitcher has an ERA a full three
runs higher than the other starting pitcher, the public will salivate at the
thought of betting on the better pitcher. They would have lost 89 units if they
staked on said situation every time the line was -150 or higher. Betting on the
vastly inferior pitcher would have won you 20.8 units. However in the process
the winning bettor would be 282-498, hitting just 36.2 percent of bets.
Or to put it another way, to the aforesaid degenerate, the
bookmakers does pay juice when our underdogs win.
Two terrible starting pitchers (both with ERAs of 5.00 or
higher) are facing each other. It must be a higher scoring game right? So bet
the over. There is one problem: such
games go under at a 722-610-62 rate. Counterintuitive anticipation of mean
regression proves invaluable again.
Of course, some uncultivated bettors may point out that is
only 54.2 percent winners. One could make quite the living riding angles that
hit better than 54 percent over nearly 1.400 games. However keep in mind,
quoted stats are not our preeminent angles, just a few that demonstrate how
contrarian reasoning pays dividends. All systems are only part of the
preponderance of evidence before making a bet.
So how about two pitchers with ERAs of less than 2.00
going head-to-head? Did you surmise it would be wise go over instead of the
knee-jerk under? You would be correct as such situations have gone over 632-548-46.
At 53.6 winners, that is a lukewarm angle at best, but the
extreme value is avoiding the impulsive bet to wager on two superior pitchers
under. Turning that frown upside down is a substantial net gain.
Please note that all quoted angles go back to 2005.
Lateral thinking when applied to sports betting means
vertical profits. In baseball betting, thinking outside the box translates into
significant capital gains.
Getting winning intel like this every day converted to
winners from Grandmaster Sports Handicapper Joe Duffy exclusively at OffshoreInsiders.com