Originally posted by Melanerpes
has there been a similar underdog advantage for prior seasons or was this just a one-year aberration?
if this is a persistent trend, I would imagine that the bettors will eventually pick up on it and bet more strongly under underdogs - probably reducing the average point spread by a point or so - and getting things back to the expected 50-50 level
o erdog" stocks might tend to be underpriced and "favored" stocks might tend to be overpriced
Interesting observations. Gut tells tells me there's a lead/lag factor. Teams that have been doing well but may now have sustained injuries tend
to be overbet against lower achieving teams which are healthy and ready to surprise. Only began tracking in 2008. Inclined to believe these stats
are probably more representative than not, because the oddsmakers keep the lights on in Las Vegas. Window Two presents Casino Performance.