i get what your saying, but simply fading hot teams will not work. if you remember when the patriots had their undefeated season, they covered 8 times in a row and went over the total 7 of those 8.... at what point would you have started betting against them... week four or week five? you wouldve your ass. this does IN THEORY make sense, as vegas wants your money and they want the bets placed on streaky teams, but i dont think that just fading every team that you think is over rated or pounding teams that are under-rated will work out. the books will spank you.
this week ive been working on a new bet theory that kind of follows this pattern. it's based on the coin flip principle, and if youve ever taken statistics im sure youve done this experiment.
say you flip a coin 100 times, the principle says that eventually the the ratio of heads : tails will work its way back to 50 :50 in the end, no matter how skewed it is in the beginning of the experiment.
using this i went back through four years of spreads, and am starting to find the same principle at work. teams that have hot streaks ATS eventually cool down, and teams that have cold streaks ATS usually start covering, and most teams end up covering between 40-60% of the time.
IM STILL WORKING ON THIS SYSTEM
But here a little bit about how it goes
1. no bets are place before week 4
- this way you have a sample size of to base your math.
2. teams that have covered less than 25% or more than 75% of their games are eligable for bets
3. bets are placed in a pyramid style over 3 games at the most. (start with $50)
- 1st game bet $50...if loss 2nd game bet 100+lost juice...if loss 3rd game bet 200 + lost juice
- YES I KNOW THIS IS A DANGEROUS WAY OF BETTING THATS WHY IM WORKING ON THIS SYSTEM TO BE AS PERFECT AS POSSIBLE. you need a 7-1 win ratio just to break even
4. no bets should be started week 16 or 17,because you wont be able to finish the pyramid
THE IMPORTANT PARTAfter the available teams are narrowed down in step 2, the other stat that im looking at is the redzone offense and defense. if a team has covered their first 4 games in a row, but their rdzone O scores a td 75% of the time, and their rdzone D stops td's 75%, then i would not start a pyramid bet against that team (ex 2007 patriots). i want to look for teams that are more in the 40-60% range of red zone stats. im not finished with all the research yet, and for all i know it might not even be worth it. but im gonna try and finish up all the math before the start of week 8 so i can put it to the real test
please let me know what you think... all comments