I read somewhere that the public overbets favorites after the all star break. I am wondering if this overbetting becomes more pronounced the closer we get to the end of the season.
Does anyone have any stats on this?
The article where I read the "after the all star break" overbetting theory said that blind betting all home dogs > +150 was a positive expectation (after the all star break).
Personally, I don't like blind betting anything. But, if the public does overbet favorites it might be worthwhile to look more closely at dogs > +150.
I am guessing that this overbetting (if it does exist) would become more pronounced as the penant races heat up between now and the end of the season.