A month of College Baskets (Analysis)

ironlock

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Hey guys-

This is a month's summary done very quickly but quite revealing. Im very interested in anyone's comments as to the reasons, justifications, and arguments for these numbers. I think the reasoning is quite clear, and I will add my comments below the data....My goal was to find some blind correlations between Dogs/ and overs or favs and unders, or anything in between. It turned out to not be quite so simple, it seems the correlation evaluation is much more intuitive, meaning, the tempo's of the temas involved must fit.

Anyway, this the data from Feb24th to Present.

***I only counted games that had a posted total, this data only reflects games that carried a bettable total, so many games are absent, pks, 1s, and majority of 1 1/2's where not counted, for obvious reasons.
________________________________
Total data since Feb 24th=

FAVORITES=132
UNDERDOGS=120

OVERS=128
UNDERs=124
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CORRELATioNS=

FAVORITES/OVER=64
(meaning favorite and over covered in game)
FAVORITES/UNDER=68

DOGS/OVER=64
DOGS/UNDER=56
________________________________________
As you can tell from the data above, you will find no blind angle here, as well as little correlation between side and total. So I broke them down into categories acording to spread.
_______________________
Category 1:
SPREAD=(1 1/2 to 4 1/2)

Favorites=40
Dogs=49
Overs=42
Unders=47

fav/over=18
fav/under=22
dog/over=24
dog/under=25

In this category, little is learned except that the Dogs are more likely to cover than favorites. I think this is explained by the line. The line carries the opinion that the game will more than likely be close, and a close game favors the dog. We also can notice that the Under is slightly more likely in this category, this is also explainable by the line, indicating a tight game, and in a tight game, you usually have a tightness in the last few minutes, little fouling, and sound clock management. All these lean to the under.
_______________________________
Category 2:
SPREAD=(5 to 8 1/2)

Favorites=43
Dogs=39
Overs=46
Unders=36

fav/over=23
fav/under=20
dog/over=23
dog/under=16

In this category, the most noticable thing is that the OVER is a very good bet. This can be explained once again by the numbers. Games with a spread expectation of this level, tend to produce a good amount of points in the latter stages of the game. If a team is up by 5-9 with 1:30 left, fouling is usually employed, pushing the average number of points scored in the last two minutes..UP, and making the OVER more likely. The other interesting thing here is that a BAD BET would be the DOG/UNDER parlay, which makes absolute sense here. Rarely will a dog cover this line, without the game going OVER, the reasoning is simple. IF the dog is in a position to cover, it will be fouling at the end, pushing the game over. LIkewise, if the Dog is out of the game, meaning down by 9 or more, there is little reason to foul here.
______________________________
Category 3:
SPREAD=(9 to 12 1/2)

favorites=28
Dogs=17
Overs=24
UNDERs=23

I left out the parlay combos because they where dead even, no correlation. But, here we see a heavy advantage for the favorite, I suppose my only justification for this is the fact that the spread predicts a sizable victory for the favorite, and afterwall, whats the difference between Down 10 or 11, and down 16 or 17, the game is out of hand in either case, and the spread seems to indicate that two differnt levels of teams are playing each other. Maybe somone else can explain this one. Once again here, the Dog/UNDER parlay is a bad bet....for reasons stated above....that combination only came in 17.7% of the times (should be 25%)
_________________________________
Category 4:
SPREAD=12 1/2 and UP
favs=21
dogs=15
overs=18
unders=18

Once again, the favoites have a sizable advantage...."blow out city", "differnent levels of talent", I dont know....
___________________________________

Hope this helps you guys, I use this type of stuff all the time. Looking for your insights.

Iron.
 

visionary

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Feb 21, 2001
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this tells me that Vegas is damn good at setting these lines. Power ratings, computer, whatever they do they have solidified a system that really works and it is scary to think that we are trying to pick winners when the lines are typically perfectly set. It is clear that the numbers are close to 50-50 both on sides and totals..On a positive note, if one just wants to play for fun and not attempt to make a profit, one should just bet favs all year or dogs all year..but these numbers really dont amount to anything other than that each game can go either way..just my ignorant view point..hehe..way to knock them dead last night!!!
 

buddy

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Iron, Your efforts were not in vain. As a matter of fact, I think it proves a point....during this difficult stretch, "Teasers" are a very good betting strategy.

It would be difficult to review last night's results and disagree.
 

Spud82

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iron,

Interesting number crunching. It would appear then that in catagories three and four favs with larger numbers are covering better than at lower numbers? So, when the books think we are looking for value with the dogs vs a big number, that is not actually what transpires. I am reading that correctly according to your numbers? Would you mind sending the last part of Category 2 to Georgetown please.
biggrin.gif
That foul with 6.2 secs. down eight points killed my parlay. After Braswell hit that trey I thought I might make it.
mad.gif


Appreciate you sharing your knowledge and numbers.
 

ironlock

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Thanks for the comments guys.

Buddy-
I dont know how to respond to your comment other than to suggest that you think harder about the conclusion you have drawn. The data and reasoning I presented have nothing to do with the effectiveness of a teaser.

For instance, just because favs and dogs are 50/50, does not mean that the games were close. In order to find support for teasers, you would have to have data that showed that the margin of "cover", was small. The data above has nothing to do with that. We could assume that all games were blow outs, favs 50% and dogs 50% in light of the data above. The point is, the margin of cover is what matters for teasers, not the dog/fav cover percentage.

I think if you averaged the variation between the spread, and the actual winning margin, it would outside the teaser's 4 point allowance, and thereby FORCE you to reconsider your conslusion. Teaser's are bad bets under a mathematical analysis.

Everyone should keep a good record of their bets. If you keep good records of your bets, do the following to find out if TEASERS are good bets. You may be surprised.

1. TEASER VS. STRAIGHT.
Of all the team's bet, how many games, not bets, but games within the bets would have WON by utilizing the extra points, versus the number of games you would have WON without them. Which is higher?????

ANSWER. THe games you did NOT need the points. Conclusion, straight bets will make you more money.

2. Teasers VS. Parlays.

A.
1. Count the number of WINS.(teasers)


B.
1.Count the number of teasers that would have WON without the extra 4 points. Take that number times 1.6. THIS NUMBER IS YOUR COST for the four points you get in a teaser. This is the amount of money you have GIVEN up, for the four points.

COMPARE that number to the number of TEASERS you have WON, that would have LOST without the 4 extra points.

Which is larger?

I am guessing that the COST side of the teaser (opportunity cost of betting parlays rather than teasers), is greater than the benefit side of the teaser(the money gained with the AID of the 4 points)......

THIS IS THE FACT of the matter, the real point.

IF ARE WINNING WITH TEASERS, YOU WOULD BE WINNING MORE BETTING STRAIGHT/PARLAYS(two teamers)....

Just offering my opinion. Good luck man.

Iron.




[This message has been edited by ironlock (edited 03-23-2001).]
 

visionary

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whatever you guys do for a living pleeeeeeeeease tell me!!! I want to jump on board...hahahah...great posts....
 

snoozing

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Iron, good stuff. Cat 1 Dogs 55.06%, Cat 2 over 58.97%, Cat 3 Favs 62.2%, and Cat 4 Favs 58.33%.

If we only knew it would continue!!!!!
biggrin.gif


------------------
Its not about succeeding, its about handling success.
 

CAPONE

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Feb 8, 2001
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GREAT CAPPING THERE IRONLOCK LOOKS LIKE THIS INFO COULD DEFINITELY COME IN HANDY
smile.gif
 
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