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What bookies don’t want you to know about NFL underdogs

qz.com

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Re: What bookies don’t want you to know about NFL underdogs

#3

Well, as somebody who enjoys going to the track now and then I can say it is definitely a losing strategy to consistently bet on the favorite and get odds like 1:1.2

Every betting strategy is a losing one unless you have significant insider knowledge that the bookmakers do not.

Re: What bookies don’t want you to know about NFL underdogs

#4
post #3

Well, as somebody who enjoys going to the track now and then I can say it is definitely a losing strategy to consistently bet on the favorite and get odds like 1:1.2

Every betting strategy is a losing one unless you have significant insider knowledge that the bookmakers do not.

Well, I think it is a lot more fun to win at 1:10 than it is at 1:1.2 so my utility function is definitely higher in the first case.