I have heard that all underdogs in all major sports cover the closing line at about 50.6% of the time over the last 20 years. (don't know if that's true). That's probably a 100,000 games, who knows? However, if I were bet my buddy on every game starting now against a no vig line, do you think I would win in 20 years by taking all dogs. If so then history is repeating itself. Or will all fav's cover 50.6 % the next 20 years? Would this be called a system? No handicapping, no models etc.
Does any know if that 50.6% stated above is close to being correct?