Posted Monday, December 01, 2008 02:56 PM
It seems like I cant read a post at Covers anymore without a mention of who the "public" is betting, and at what percentage. I will admit, I have strong opinions (almost all negative) about the validity of these percentages, what they mean, and the seemingly endless inability of anyone to provide any sort of statistics with history of how to use them and what to expect.
But yet it is so prevalent in how people pick their games they must know something I dont, so Im keeping an open mind and putting this out there as an honest attempt to gain meaningful information. Currently, all I have is anecdotal answers of personal experience, but no facts. Its always things like "I use the numbers, but I use other stuff too" or "I am 10-4 in my last 14, its working!". You get the same kind of answers when you ask someone "is there life after death". Im trying to draw a line here between faith and science - so I will ask the follwing questions to anyone who will answer:
1. Where does a company like sportsinsights get their numbers?
2. Why would any sportsbook give up to sportsinsights (or anyone like them) any information about betting patterns?
3. What type of sportsbook gives up these numbers? If crappy sportsbooks with 500 dolar limits are the main contributors, what good is that? Does pinnacle really give out these numbers? Try walking up to a Vegas sportsbook and ask the manager about...
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