Here is what I found for this season...coming into today"
A.L
472 games played...134 1 run games='s 28%
NL
530 games played ...150 1 run games =' 28%
Need to rearch the %'s on lines that are -1.5 in the +135 to +150 range with dog money lines of +140 to +150
Might be able to bet both the run-line and dog line in the same game....so really making a wager the game will either be won by the dog or the favorite by 2
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Here is what I found for this season...coming into today"
A.L
472 games played...134 1 run games='s 28%
NL
530 games played ...150 1 run games =' 28%
Need to rearch the %'s on lines that are -1.5 in the +135 to +150 range with dog money lines of +140 to +150
Might be able to bet both the run-line and dog line in the same game....so really making a wager the game will either be won by the dog or the favorite by 2
i think you have too many games for the season so far - i think what you did was just add up the teams records and add them all together for the total amount of games - only problem with that is, you have to divide the total number by 2 because it counts as a game for each team if you dont divide by 2, instead of 1 game involving 2 teams
check my numbers earlier in the post - i think they are accurate
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sparty444
i think you have too many games for the season so far - i think what you did was just add up the teams records and add them all together for the total amount of games - only problem with that is, you have to divide the total number by 2 because it counts as a game for each team if you dont divide by 2, instead of 1 game involving 2 teams
check my numbers earlier in the post - i think they are accurate
the runline hits when you bet the money line. then when u take the runline, the manager takes out ur starter who was throwing a gem and the bullplen implodes and u win by 1 run.
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the runline hits when you bet the money line. then when u take the runline, the manager takes out ur starter who was throwing a gem and the bullplen implodes and u win by 1 run.
If you played BOTH the -1.5RL and the Dog (both at Plus Numbers)..... You would need to about 84% of games NOT to finish w/ the Favorite winning by 1 run, just to break even.
If you wager 1 unit on the both....
On average, your going to be up about 0.35 Units per game that would come out correct. (ie: Fav NOT winning by 1 Run) You are going to need to get about 6 games correct, per game you lose just to turn a tiny profit. So, with Fav winning by 1, you lose 2 units. So, with those numbers you would need 86% of games to go your way. (Fav not winning by 1 run)
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If you played BOTH the -1.5RL and the Dog (both at Plus Numbers)..... You would need to about 84% of games NOT to finish w/ the Favorite winning by 1 run, just to break even.
If you wager 1 unit on the both....
On average, your going to be up about 0.35 Units per game that would come out correct. (ie: Fav NOT winning by 1 Run) You are going to need to get about 6 games correct, per game you lose just to turn a tiny profit. So, with Fav winning by 1, you lose 2 units. So, with those numbers you would need 86% of games to go your way. (Fav not winning by 1 run)
Here is an example, of playing both sides of the Yesterday you would have went 14-2. However even by going 14-2, you would have only turned a small profit. (the 2 losses would have been MIN & CHC, as they both won the ML as the fav, but did not cover the RL). 14-2 would be what I would consider a pretty good day.
looking at today's MLB card - and removing the HOU @ STL game (due to the super high lines), that leaves 7 games to play. You would have to go 6-1 in those 7 games to turn a tiny profit. Based on averages, going 6-1 would turn a 0.27 Unit Profit. While if you went 5-2 today, you would lose -2.1 units, based on averages.
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Here is an example, of playing both sides of the Yesterday you would have went 14-2. However even by going 14-2, you would have only turned a small profit. (the 2 losses would have been MIN & CHC, as they both won the ML as the fav, but did not cover the RL). 14-2 would be what I would consider a pretty good day.
looking at today's MLB card - and removing the HOU @ STL game (due to the super high lines), that leaves 7 games to play. You would have to go 6-1 in those 7 games to turn a tiny profit. Based on averages, going 6-1 would turn a 0.27 Unit Profit. While if you went 5-2 today, you would lose -2.1 units, based on averages.
I went through this years data... and found that games with a dog line of +140 to +150 happened 66 times. Out of those 66 times...the dog won straight up 26 times... the favorites covered the run-line 32 times. This data was from using wagertracker.
I am going to go back and look at matchbook lines...because that is where this has the best chance of success.
Out of those dog winners.... the average line was +144 ... which comes out to 11.44 units of profit on the dogs
You have the -16 units for the 8 losses ...meaning we would need 4.56 units of profit on the 32 run-line victories that happened to break even.
The site I used didn't have the data with it for run-lines. But if we had on average a +115 line on the RL we'd be slightly in the green.
I suspect that Matchbook would have better odds on both lines which could help this further.
Not saying this will work...just saying it might worth some further time
Will try and research the Matchbook lines today... would love to break it down further...factoring in strength of teams/ pitchers/etc.
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I went through this years data... and found that games with a dog line of +140 to +150 happened 66 times. Out of those 66 times...the dog won straight up 26 times... the favorites covered the run-line 32 times. This data was from using wagertracker.
I am going to go back and look at matchbook lines...because that is where this has the best chance of success.
Out of those dog winners.... the average line was +144 ... which comes out to 11.44 units of profit on the dogs
You have the -16 units for the 8 losses ...meaning we would need 4.56 units of profit on the 32 run-line victories that happened to break even.
The site I used didn't have the data with it for run-lines. But if we had on average a +115 line on the RL we'd be slightly in the green.
I suspect that Matchbook would have better odds on both lines which could help this further.
Not saying this will work...just saying it might worth some further time
Will try and research the Matchbook lines today... would love to break it down further...factoring in strength of teams/ pitchers/etc.
Anybody have this info? Am very interested in these stats as well.
Have been trying to put together a math formula regarding the usage of this data.
Am trying to see if its possible to play the -1.5 and the underdog...both at + money and have success in certain situations... and info would be much appreciated
In order to get a team at -1.5 RL and take an underdog on the money line +(any number), the game would have to be pretty close to start and you're looking at a small turn of profit.
It's called a "reverse middle", when your hoping for anything but a certain number in the middle of the two bets you have.
You said you were looking for a formula.... well here it is.
You need first to find the probability of the Favorite winning by 1 run.
Lets use today's Yankees vs. Tigers game.
Yankees -140 and -1.5 +120
Tigers +130 and +1.5 -140
Say that the favorite wins by 1 run 12% of the time (I don't know if this number is accurate or not, but thats besides the point)
Formula:
Yankees win by -1.5 runs ---- Probability 44% Yanks+120 Tig -100
Yankees win 1 runs ------------ Probability 12% Yanks-100 Tig-100
Tigers win (Any way) ---------- Probability 44% Yanks-100 Tig+130
EV (Expected Value)
=(44% x $20) + (12% x -$200) + (44% x $30)
= ($8.8) + ($-24) + ($13.2)
= $-2
This is a negative EV bet and therefore should NOT be done.
This should help.
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Quote Originally Posted by sparty444:
Anybody have this info? Am very interested in these stats as well.
Have been trying to put together a math formula regarding the usage of this data.
Am trying to see if its possible to play the -1.5 and the underdog...both at + money and have success in certain situations... and info would be much appreciated
In order to get a team at -1.5 RL and take an underdog on the money line +(any number), the game would have to be pretty close to start and you're looking at a small turn of profit.
It's called a "reverse middle", when your hoping for anything but a certain number in the middle of the two bets you have.
You said you were looking for a formula.... well here it is.
You need first to find the probability of the Favorite winning by 1 run.
Lets use today's Yankees vs. Tigers game.
Yankees -140 and -1.5 +120
Tigers +130 and +1.5 -140
Say that the favorite wins by 1 run 12% of the time (I don't know if this number is accurate or not, but thats besides the point)
Formula:
Yankees win by -1.5 runs ---- Probability 44% Yanks+120 Tig -100
Yankees win 1 runs ------------ Probability 12% Yanks-100 Tig-100
Tigers win (Any way) ---------- Probability 44% Yanks-100 Tig+130
EV (Expected Value)
=(44% x $20) + (12% x -$200) + (44% x $30)
= ($8.8) + ($-24) + ($13.2)
= $-2
This is a negative EV bet and therefore should NOT be done.
Longterm, Yes your right.... i did the total games combined... but it will be the same based on the fact that you'd need to divide not just the total games numbers but the 1 run game numbers as well. Meaning the percentages mentioned will be the same. It saved time that way.
The total games played numbers needed to be halved because they had opponents....but the 1 run game stat needs to be halved for the same reason. So the percentages should be the same
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Longterm, Yes your right.... i did the total games combined... but it will be the same based on the fact that you'd need to divide not just the total games numbers but the 1 run game numbers as well. Meaning the percentages mentioned will be the same. It saved time that way.
The total games played numbers needed to be halved because they had opponents....but the 1 run game stat needs to be halved for the same reason. So the percentages should be the same
The percentages don't need to be halved.... Probabilities stand for the possible outcomes simply divided by two minus the difference from the middle. Your betting both sides of the game in this case. Hence a reverse middle.
Someone has to win = 100%
Possible middle = 12%
Possible chances of winning = 88%
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The percentages don't need to be halved.... Probabilities stand for the possible outcomes simply divided by two minus the difference from the middle. Your betting both sides of the game in this case. Hence a reverse middle.
Sam, Your right based on the numbers you plugged in. Plug in the values that I found. The average dog line was +144...not +130
And I think the RL average would be closer to +130 instead of the +120 you picked
I was just using them as an example.... I found those numbers on Sportsbook.com. But the key is to find the chance of middling and plug the numbers in accordingly and check your EV.
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Quote Originally Posted by sparty444:
Sam, Your right based on the numbers you plugged in. Plug in the values that I found. The average dog line was +144...not +130
And I think the RL average would be closer to +130 instead of the +120 you picked
I was just using them as an example.... I found those numbers on Sportsbook.com. But the key is to find the chance of middling and plug the numbers in accordingly and check your EV.
I've always found it much easier to bet other sports (NFL is my strong game). So I don't bet baseball with much liquid but I have found a great way to make money and limit risk.
Reading the market like a book is what I pride myself on in baseball. Simply buy low and sell high. Predicting what the lines will end up at is how I bet baseball most of the time. It takes alot of patience and money. And sometimes (though very rarely) you get "stuck" with a team or a negative EV bet.
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I've always found it much easier to bet other sports (NFL is my strong game). So I don't bet baseball with much liquid but I have found a great way to make money and limit risk.
Reading the market like a book is what I pride myself on in baseball. Simply buy low and sell high. Predicting what the lines will end up at is how I bet baseball most of the time. It takes alot of patience and money. And sometimes (though very rarely) you get "stuck" with a team or a negative EV bet.
I've always found it much easier to bet other sports (NFL is my strong game). So I don't bet baseball with much liquid but I have found a great way to make money and limit risk.
Reading the market like a book is what I pride myself on in baseball. Simply buy low and sell high. Predicting what the lines will end up at is how I bet baseball most of the time. It takes alot of patience and money. And sometimes (though very rarely) you get "stuck" with a team or a negative EV bet.
Baseball line movements are easier to anticipate b/c of the popularity of the teams and all the popular betting systems out there.
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Quote Originally Posted by SamMG89:
I've always found it much easier to bet other sports (NFL is my strong game). So I don't bet baseball with much liquid but I have found a great way to make money and limit risk.
Reading the market like a book is what I pride myself on in baseball. Simply buy low and sell high. Predicting what the lines will end up at is how I bet baseball most of the time. It takes alot of patience and money. And sometimes (though very rarely) you get "stuck" with a team or a negative EV bet.
Baseball line movements are easier to anticipate b/c of the popularity of the teams and all the popular betting systems out there.
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