Originally posted on 08/19/2015:

In my opinion more money has been lost picking "winners" than any other method.

If you could pick a winner every time (impossible), then it would be about picking winners. Once you have to account for losing picks then it comes down to do you collect more on your winners than you lose on your losers. This translates into odds and getting value for your wagers. Just because some method selects a team as the "winner" does not mean that you will be able to get good value for a wager on that team. In fact, most would probably be getting better value wagering on the opposing team.

Joe.