In the Shack charts betting the favorites was a loser overall. So how many times in 7,167 did Plus EV lay a favorite? How well did he do betting favorites? If he showed a profit betting favorites then it's impressive considering the overall stats. I have to assume he bet favorite only when his algorithm gave a different line than the book's line.Originally Posted by Half Smoke
Originally Posted by mickeycrimm
EV Analytics has posted their long term results at the link - and they are not at all impressive - not to me anyway
I guess this is a different company - you call the company you're posting about PLUS EV Analytics - I'm not sure about that
anyway, over 5 years and 7,167 bets they have an r.o.i. of just 1.93% - below that they show something they call "Bat X" - they explain what that means - with a slightly higher r.o.i. of 2.36% for 2 years with 1,959 bets
there is absolutely no doubt in my mind that many cappers not using CAW could beat that r.o.i. by a large margin - although they would have to make many fewer bets
so yes, you're right - it can be done - but not in an impressive way imo - unless I see some other data that I can trust
as was pointed out earlier in this thread Mike Shackleford showed that a bettor can get a 2.57% r.o.i. doing nothing other than betting the away underdog in NFL games
https://evanalytics.com/faq/the-athletic?lmref=waHDRg.
Plus EV's results are actually pretty good if we are to believe what others like Spanky and Krak have said. They say they only make a buck or two per one hundred wagered. That's why they are pissed about having their betting capped. And Krak did make the statement "I bet a lot of dogs." That's probably information that a lot of them don't want out there. I think these guys are hip to heavily betting the dogs.
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