Blindly betting every MLB dog?

[do5000]

Has anybody tried this. I saw online that dogs win about 40-45% of games, so if youre always getting +EV, with the right odds, it might work.

(especially when NYY and BOS lose as -275 favorties).

Is this true?

I found an article that says divisional dogs show a profit, but i dont know if thats true of every season, or if the profit is worthwhile.
i'm thinking maybe betting dogs only +125 or higher (or something like that) might be profitable.

[PatrickBateman]

Yeah it totally works, we are all millionaires because betting is that easy.

[Ruifgalmeida]

betting on dogs is profitable, but betting blind is not.
Dont be lazy take some time of the day to analize a few games is not that hard.
If this was a easy business we would not been in this forum talking about games but we be talking about what colour I like in my Ferrari

[runnershane14]

Using my numbers..

2008 MLB Season - Betting $100 per Dog - Dog Defined as >0
-$4,151 away dogs opening line - 614/1491=41.18%
+$4,460 home dogs opening line - 283/579=48.87%
-$2,232 away dogs closing line - 609/1463=41.62%
+$1,837 home dogs closing line - 256/546=46.88%

[runnershane14]

Don't have 2009 mlb season with me on my flashdrive

[runnershane14]

[runnershane14]

Graph not showing on my screen in the post but I posted a running total graph on my sbr page.

http://runnershane14/mysbrforum.com

[do5000]

Using my numbers..

2008 MLB Season - Betting $100 per Dog - Dog Defined as >0
-$4,151 away dogs opening line - 614/1491=41.18%
+$4,460 home dogs opening line - 283/579=48.87%
-$2,232 away dogs opening line - 609/1463=41.62%
+$1,837 home dogs opening line - 256/546=46.88%

Thanks runner!
thats great info.
the stats show different numbers for the same stats, are the first 2 lines 2008 and the second 2 lines 2007?

[runnershane14]

sorry all 2008, should have been "closing"

[do5000]

Thanks for the help!

[runnershane14]

yes, replied to your PM as well

[runnershane14]

If you define Dog differently..

2008 MLB Season - Betting $100 per Dog - Dog Defined as >0 or less negative (-101>-109)+$5,206 home dogs opening line
+$3,634 home dogs closing line

[maxdalury]

While it may show profit for an individual year, there is no way that blinding betting home dogs will be profitable over 10 years

[do5000]

If you define Dog differently..

2008 MLB Season - Betting $100 per Dog - Dog Defined as >0 or less negative (-101>-109)+$5,206 home dogs opening line
+$3,634 home dogs closing line

very interesting. big difference in opening and closing lines.

[runnershane14]

I agree Max, 2008 data is all I had on me though.

[Jaug]

I know it worked very well for 2008 but then dogs got slaughtered in 2009. Also, the <30% public consensus home teams were making big PROFIT during 2008 and then got slaughtered in 2009.

[20Four7]

Look at American League dogs vs division rivals...... just a thought.......

[Justin7]

No blind system will work - you'll lose money. Moving to Player's Talk...

[Extra Innings]

No blind system will work - you'll lose money. Moving to Player's Talk...

[Jaug]

No blind system will work - you'll lose money. Moving to Player's Talk...

Nice

[teaserpleaser]

betting dogs is the way to go ryan xl used to be good at bases whatever happened to that guy?

[PatrickBateman]

Justin7,

Thank you! It seems like every year there is someone new that comes up with this brilliant scheme

[MC PICKS]

If you pick and choose your spots carefully it can be very very profitable.

[whatsgood5]

Blindly betting will never make $$$ long-term

[emoney]

No blind system will work - you'll lose money. Moving to Player's Talk...

What makes you think we want this here?

[Rainman328]

this seems like a bad idea and a waste of time and effort to me

[TheLock]

Using my numbers..

2008 MLB Season - Betting $100 per Dog - Dog Defined as >0
-$4,151 away dogs opening line - 614/1491=41.18%
+$4,460 home dogs opening line - 283/579=48.87%
-$2,232 away dogs closing line - 609/1463=41.62%
+$1,837 home dogs closing line - 256/546=46.88%

Interesting discrepancy between the home dog opening and closing results

[fsugolf]

shows why beating the closing number is important in long term profitability

[OMGRandyJackson]

shows why beating the closing number is important in long term profitability

what does that mean? closing number?

[keyboarding]

Yeah it totally works, we are all millionaires because betting is that easy.

[tltaylor89]

You will be looking at 35% -39% success rate.

[obamaismyuncle]

this will not work

[THE PROFIT]

obviously not work long term, but it shows in 2008 it showed a nice profit. 2009,10,11 may tank

[MJFtheGenius]

everything comes back to 50/50

[phillip]

betting blindly never works