An initial look, it seems as though you would hit well over 60% of the games.
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An initial look, it seems as though you would hit well over 60% of the games.
3-QUESTION
SBR TRIVIA WINNER 05/28/2012
50/50 over the long run. Some years better than others (2005 was a great year for dog bowl bettors, but 2006 came back down) but if you go throughout bowl history, you'll find that it is 50/50 like virtually everything else.
SBR Founder Join Date: 8/10/2005
Best thing to do for bowl games is to look at who is glad to be there and the teams that are not happy to be there. Works well year to year.
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From the 1998/99 - 2006/07 bowl seasons, according to covers.com data, dogs went went 135-90-2, for a win rate (over non-pushed outcomes) of 60% and a standard error of 3.28%.
This corresponds to 3.05 standard errors above 50% and 2.32 standard above 52.38% (breakeven at -110).
So (for what it's worth) based solely on this data, we can reject the null hypothesis (at > 95% confidence) in favor of the alternative that blindly betting on bowl underdog spreads is a profitable strategy when paying -110.
SBR Founder Join Date: 8/28/2005
3-QUESTION
SBR TRIVIA WINNER 05/28/2012
I'm not going to call it either a go or a no-go. That's just not my style.
What I will say is that a traditional low-level interpretation of the 1998/99 - 2006/07 covers.com win/loss ATS data provides no compelling rationale for not blindly betting on all the underdogs.
SBR Founder Join Date: 8/28/2005
SBR Founder Join Date: 8/28/2005
3-QUESTION
SBR TRIVIA WINNER 05/28/2012
Exactly.
I don't think that it's fair to say "it's not enough" in that I'm not sure any amount of data should ever be considered "enough" to convince an advantage bettor to make a play without regard to price.
To be fair, that would be highly dependent on what else one has been tried.
SBR Founder Join Date: 8/28/2005
You cannot go wrong doing it and will always outperform guys that study day and night.
Betting all dogs in the bowl games is the single most cannot miss strategy ever and it takes no time.
SBR Founder Join Date: 7/20/2005
NCAA basketball tourney also it is fairly effective tool
It is becoming a dog world out there now due to parity
SBR Founder Join Date: 7/20/2005
SBR Founder Join Date: 8/28/2005
Following is the complete covers.com data set used in the above analysis. For the sake of completeness I've also included pick 'em games, for which the determination of an underdog would of course be arbitrary. These games were ignored when calculating the historical underdog win rates ATS.
Data last updated 12/30/2007
SBR Founder Join Date: 8/28/2005
SBR Founder Join Date: 8/28/2005
Before New Year's dogs here I come. Everybody else fade me.
3-QUESTION
SBR TRIVIA WINNER 05/28/2012
SBR Founder Join Date: 12/14/2005
SBR Founder Join Date: 12/14/2005
How much longer you think this is going to last? to have something be 3 SDs away from the mean is extraordinarily high for a 50/50 proposition outcome.
The way I would interpret this info is that the bowl lines are shaded heavily toward the dog more than anything the dog is doing.
SBR Founder Join Date: 8/10/2005
Dogs always have an edge in bowl games becauze of the long layoffs.
SBR Founder Join Date: 7/20/2005