Mavericks laying -125 to win 100
76ers laying -130 to win 100
Heat laying 100 to win 160
Raptors laying -210 to win 100
Quote: steeldcoThe data shows, so far for this year, that any dog picked at less than a +130 dog has been a loser. Nearly all of the amount lost on dogs is in this group. I am adjusting the algorithm for this going forward.
If you have a defined unambiguous selection process, why don't you see how it would have done LAST year? Or the last 5 years?
Quote: steeldcoBecause the stats are updated after each game and picks are based upon those. If I were to try to backtest, then I would have to go back and update each day of the season, find the money lines at that time, get the algorithm's picks, and determine how they did. It can be done, but I'm not about to devote that amount of time in order to do so.
Understood. Do you take into account the egregious practice of a team sitting its 3 best players for 'rest'? Your algorithm might have shown Cleveland to be a good bet against Memphis but you and I know differently....
Or is your data saying that the +101 to +129, albeit slight dogs, have not pulling upsets at a rate commensurate with their odds (or even in the ballpark) and thus they have been mostly losing their games outright.
Mavericks +100
76ers +100
Heat -100
Raptors +100
YTD:
Favorites -45
Underdogs -726
Total -771
Hawks laying 100 to win 130
Suns laying 100 to win 185
Hawks +130
Suns -100
YTD:
Favorites -45
Underdogs -696
Total -741
76ers laying 100 to win 140
Lakers laying 100 to win 375
Bucks laying 100 to win 150
Jazz laying 100 to win 575
76ers -100
Lakers -100
Bucks -100
Jazz -100
YTD:
Favorites -45
Underdogs -1096
Total -1141
Pistons laying -280 to win 100
Hawks laying -185 to win 100
Wizards laying 100 to win 160
Jazz laying -290 to win 100
Mavericks laying 100 to win 180
Pistons -280
Hawks -185
Wizards +160
Jazz -290
Mavericks +180
YTD:
Favorites -800
Underdogs -756
Total -1556
Pacers laying -110 to win EV
Knicks laying -235 to win 100
Lakers laying 100 to win 170
Clippers laying -110 to win EV
Quote: bazooookaHi Steel, what do your models see on laying chalk on favorites? I've often assumed that lines are slightly tilted against favorites since Joe public prefers them. It'd seem a decent run on dogs could square you up but the Chalk would have to hit to 70% going forward to bring you toward even. Have you looked at just betting dogs whenever your model sees ML value?
bazooooka, I'm glad you brought this up. I'm going to tweak the algorithm on favorites. When I saw your comment, I broke down the favorite picks made so far (albeit a small sample size). Right now the favorites have hit at a 60% rate. Obviously not enough since we were laying quite a bit on some of those losses. However, in this process I noticed that the favorites up to -199 accounted for nearly all of the YTD losses. This is the change that I will be making.
Pacers -110
Knicks 100
Lakers -100
Clippers 100
YTD:
Favorites -700
Underdogs -866
Total -1566
Bulls laying 100 to win 150
Thunder laying 100 to win 160
Pelicans laying -200 to win 100
Grizzlies laying 100 to win 140
76ers laying 100 to win 165
Mavericks laying 100 to win 220
Bulls -100
Thunder +160
Pelicans +100
Grizzlies +140
76ers -100
Mavericks +220
YTD:
Favorites -600
Underdogs -546
Total -1146
Knicks laying 100 to win 130
Bulls laying 100 to win 350
Timberwolves laying 100 to win 170
Knicks -100
Bulls -100
Timberwolves -100
YTD:
Favorites -600
Underdogs -846
Total -1446
Hornets laying -270 to win 100
76ers laying 100 to win 315
Hornets -270
76ers -100
YTD:
Favorites -870
Underdogs -946
Total -1816
Celtics laying -270 to win 100
Thunder laying -150 to win 100
Mavericks laying 100 to win 225
Celtics +100
Thunder +100
Mavericks -100
YTD:
Favorites -670
Underdogs -1046
Total -1716
Pacers laying 100 to win 180
Bucks laying 100 to win 135
Bulls laying -450 to win 100
Clippers laying 100 to win 190
Suns laying 100 to win 1175
Raptors laying 100 to win 375
Pacers -100
Bucks +135
Bulls +100
Clippers -100
Suns -100
Raptors -100
YTD:
Favorites -570
Underdogs -1311
Total -1881
Heat laying 100 to win 230
Cavaliers laying -255 to win 100
Suns laying 100 to win 360
I sure am getting tired of seeing the Suns showing up in the picks.................
Yesterday's Results: +360
Heat -100
Cavaliers +100
Suns +360
YTD:
Favorites -470
Underdogs -1051
Total -1521
Quote: steeldcoApparently bitchin' about something helps.....
Yesterday's Results: +360
Heat -100
Cavaliers +100
Suns +360
YTD:
Favorites -470
Underdogs -1051
Total -1521
I call it "whine and win". Can't invoke it too often or it wears out. Lol...
Nets laying 100 to win 315
Heat laying 100 to win 370
Rockets laying -240 to win 100
Trailblazers laying 100 to win 575
Nuggets laying -700 to win 100
Nets -100
Heat -100
Rockets +100
Trailblazers -100
Nuggets -700
YTD:
Favorites -1070
Underdogs -1351
Total -2421
Pistons laying -200 to win 100
Trailblazers laying 100 to win 180
Pistons +100
Trailblazers +180
YTD:
Favorites -970
Underdogs -1171
Total -2141
Cavaliers laying -460 to win 100
Rockets laying -475 to win 100
Nuggets laying 100 to win 1100
Clippers laying -225 to win 100
Cavaliers 100
Rockets 100
Nuggets -100
Clippers 100
YTD:
Favorites -670
Underdogs -1271
Total -1941
Spurs laying -245 to win 100
Spurs +100
YTD:
Favorites -570
Underdogs -1271
Total -1841
Cavaliers laying -235 to win 100
Kings laying -400 to win 100
Awfully odd that we haven't had a dog picked for a couple of days now............
Cavaliers -235
Kings -400
YTD:
Favorites -1205
Underdogs -1271
Total -2476
Pacers laying -600 to win 100
Rockets laying -400 to win 100
Spurs laying -380 to win 100
Trailblazers laying -250 to win 100
This must now be the 3rd. or 4th. day without a dog getting picked. I would never have guessed that it would go this long without a dog. Not to mention the fact that at the prices of these favorites, a losing day is murderous.