so i guess if you followed that ,you would have came out slightly ahead in 02' and 06' , because i think at a standard play of -110, you have to hit around 54% to break even.
this other stat is
Benefit of betting against the public (vs. spread) at 75% level
2003 61.8%
2004 50%
2005 48.1%
2006 69.8%
i assume their saying if the public is more than 75% one way and you fade the public this is what you would hit. if thats the case ,you would have made out great last year and 03'.
but of course there is no strong trend there to rely on.