So I've often wanted to become the bookie, and take the opposite of the
public. I figured I could theoretically take the opposite of them if I
place all of my action against the public.
What I'm wondering is.........I've found one website that gives me
betting trends (sportsbook.com). They give you the percentages bet on
each side. What I don't know is this the percentage of money bet on
that side, or the percentage of total bets on each side. If it's the
amount of money bet, then I can accurately go against the public and
become the bookie. If it's only the percentage of total bets, then
this won't help at all.
Does anyone know this info, or where I can get percentages of total
money bet on each side. I've also realized that I am just getting the
info (i think) of sportsbook.com and not really every other sportsbook.
What I did tonight was take the baseball game, college football game,
and all the nhl games and take the minority in percentage on the side
and on the total in every game. I understand that there is soccer,
horse racing etc. that the books may cash in on tonight but I feel like
this is a good controlled experiment.
Can I get some thoughts or ideas?