Enjoy the games!
The Team at Sports Insights
We do not guarantee that the trends and biases we’ve found will continue to exist. It is impossible to predict the future. Any serious academic research in the field of “market efficiencies” recognizes that inefficiencies may disappear over time. Once inefficiencies are discovered, it is only a matter of time before the market corrects itself. http://www.atm303.com
Many of us have heard the phrase “contrarian betting.” What’s the thinking behind being a contrarian bettor? If everyone hates a stock (or other investment), that stock might be undervalued and be a good long-term investment. Historically, buying “value stocks” has been one of the best methods of investing in the stock market.
Similarly, we can profit in the sports marketplace by finding value and betting on undervalued teams. Some handicappers follow sports closely and can find value in various match-ups and games. Another method is to use Betting Trends data available to members of Sports Insights. If a certain match-up has more than 75% of the bets on one side, it often means that the general Public is overvaluing that side. As a result, there is often “contrarian value” on taking the other side of that bet. Contrarian betting has proven to be a profitable strategy when sports investing in the major US sports.
Some sports investors note that this tool is particularly useful for “big games” such as nationally televised games, rivalries or other games that attract the attention of the “general public.”
For example, say that the New England Patriots are playing the New York Jets and 85% of the bets are coming in on the Patriots. This is often an indication that the sports marketplace is overvaluing the Patriots (and undervaluing the NY Jets). Historically, taking the NY Jets and contrarian betting, or Betting Against the Public, would be a profitable play.
BettingCharts.com is pleased to be writing another guest article for our sister company, SportsInsights.com (Please visit our first article, Monte Carlo Analysis and the Ups and Downs of Sports Investing. Our first article was a bit number-intensive, so this article on sports betting indicators will be a little “lighter” — but will be chock full of info. We’ll focus on College Basketball and take a look at various factors that can help you to improve your sports handicapping). Our first article was a bit number-intensive, so this article will be a little “lighter” — but will be chock full of info. We’ll focus on College Basketball and take a look at various factors that can help you to improve your sports handicapping.
College Basketball is one of the workhorses for the professional sports bettor. Once the season starts in November, hundreds of teams play about two games a week — vying for a spot in the Final Four. This frenzy leading into March Madness means that there are college hoop games almost every day of the week — and especially Saturdays! Lots of opportunity…and lots of data overload. This makes college hoops a slightly different animal. We’ll review some of the sports betting tools that might help you wade through the oceans of data.