I wanted to run this by some of you to see if you noticed this pattern as well. I don't know how many bets i need to make to ensure that it is statistically significant but I believe i have enough to make a good point. For the last 2 years, my local has used the football lines out of the newspaper for that day's action. As we all know, lines can change drastically throughout the day but he will always go off of what was in the paper that morning. Knowing that this could benefit me, I started trying to middle all kinds of games. For those that may not know what I mean, an example is my local would have KC -2.5 and then at matchbook it would be Denver +3 at +110. When making these bets, if the number didn't have a high probability of hitting (3,4 7 for example), I would just play the same line but ensure a profit by taking my local's number at -110 and matchbook at +140. At $300-$400 a game, I made some good money. Over the last 2 years, I have only hit one middle. There were many games where I would have a 3-4 point spread on the middle for the over/under but have yet to hit one. However, my point to all of this is that out of my 300 bets where matchbook would have a line of at least +110, the bet with my local at -110 would win 62% of the time. I did not have the balls to bet $300-400 a game without covering the other side. Knowing what I know now, I think next year I will test this theory for real. I always hear arbitrage players saying that Pinnacle would always lose where the line was at +110 or higher. I believe some quoted this at about 60% as well. It tells me that the lines that Vegas and Offshore use are very sharp at times. If anyone else has any similar strategy, i would be interested in knowing it.
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