I imagine that the public wins about 35-40% of their bets (just an estimated statistic), would it be profitable always going against the public on bets?
Hypothetically Speaking
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WreckedSBR Wise Guy
- 05-31-11
- 887
#1Hypothetically SpeakingTags: None -
WreckedSBR Wise Guy
- 05-31-11
- 887
#2Just thinking out-loud, please don't flame me!Comment -
Sam OdomSBR Aristocracy
- 10-30-05
- 58063
#3'Public' goes 50% +/-3% S/U winnersComment -
convickSBR MVP
- 11-03-11
- 3954
#435-40%? That is way off. Might hold true for a month or two of tracking, but the public wins closer to half of the bets I would guess.
You are way off with your reasoning man. If you have gambled for any extended period of time you know that the public is right as many times as they are wrong.Comment -
UntilTheNDofTimESBR Hall of Famer
- 05-29-08
- 9285
#5Public wins 48-52% longterm like clockworkComment
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