Jan

18

I came across a good article from Chris Maloney listing ten rules for
betting with a bookie.  Substitute a few words and the list could be
referring to discipline in trading.  

Charles Pennington comments:

From Rule 3:

"There is probably no better bet in sports than playing an underdog at home," Moseman says. "Teams play inspired ball at home. Slim underdogs regularly win outright. Big underdogs often find ways to cover the spread and they rarely give up toward the end of a game in front of the home crowd."

Are the sports betting markets so slow moving and dumb that you can make money doing something as simple as this?


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3 Comments so far

  1. Anonymous on January 18, 2011 3:56 pm

    Maybe playing the underdog is akin to trading the carry spread. This should be tested.

  2. Jeff Watson on January 18, 2011 4:19 pm

    Here is a entertaining but flawed, unscientific article that discusses the merits of taking the points rather than laying the points in any football wager. http://tinyurl.com/4flrzjo

  3. Steve B on January 18, 2011 4:47 pm

    I used to love taking home dogs getting 2 or 3 points in pro football and college hoops. I find it hard to believe there would be any edge there, but I recall having some success.

    FWIW, da Bears are getting 3.5 at home against the Packers on Sunday. The Packers will be in their 4th (I think) straight road game. Normally, as clear a spot as ever to take a home dog, but the cycles always turn.

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