Accuracy of Sportsbooks?

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • wannabet
    SBR Sharp
    • 10-27-08
    • 359

    #1
    Accuracy of Sportsbooks?
    I'm new to the sports betting stuff, but I'm sure there are a lot of people betting large amounts of money reading this message board, so that's cool. The question that I'm wondering about now is that are the books really right 50% of the time?

    If I looked at the last 3 years of NFL on the game line, does the favorite win 50% and the underdog win 50% with the added points? Naturally, I wouldn't think that they could break it down that precisely, and it's all calculated by computers down to the .1%.

    Me, personally, I want to win a lot of money, but I wouldn't reasonably think I can, but I will try to anyway. Just wondering if a good bookmaker would really be at like 50.1% or 49.9% on his NFL point spread over an extended period. Not even sure if this makes total sense, but maybe you get the gist of it, so I would appreciate any comments to my example or original question that I asked. Thanks.
  • Peep
    SBR MVP
    • 06-23-08
    • 2295

    #2
    Not quite that close, but close enough.

    For example, I have 11308 NBA games in a db.

    with the spread, home teams covered 5505. Lost 5787.
    Comment
    • wannabet
      SBR Sharp
      • 10-27-08
      • 359

      #3
      Good, then it's not quite impossible, Hopefully I'll get the hang of it thanks!
      Comment
      Search
      Collapse
      SBR Contests
      Collapse
      Top-Rated US Sportsbooks
      Collapse
      Working...