Saturday, July 18, 2009

MLB "Betting Against the Public" Mid-Season Report Card

With the Major League All-Star Break upon us, the team at SportsInsights took the opportunity to review the current season and see how SportsInsights Sports Investing tools have been faring. Over the past five-plus years, baseball has been one of the more consistent sports in terms of "contrarian sports investing." How has baseball "performed" this year? Any interesting "standouts" in the baseball season so far? We'll take a look at all of these items in this article. The information on this site is for entertainment and educational purposes only. Use of this information in violation of any federal, state, or local laws is prohibited.

SportsInsights MLB Square Plays

Since SportsInsights has been publishing MLB Square Plays in 2004, Square Plays have been profitable in 4 out of the 5 seasons. Since inception, MLB Square Plays have won at a rate of just under 43% while picking moneyline underdogs. SportsInsights has averaged about +12 units per season on a relatively simple approach of "betting against the public" and the "square" bettors. In 2009, MLB Squares have connected at a rate of 47% and we are already up +24.5 units! Our Members have access to this valuable information as well as more sophisticated analyses we discuss below.

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Thursday, July 16, 2009

2009 MLB Betting Systems Mid-Season Report

This week's All-Star break marks the halfway point of the 2009 Major League Baseball season. Through the first three and a half months of MLB play, the betting systems at SportsInsights have proven to be profitable across the board. We offer a plethora of ways to pad your bankroll, and it's time to check in and see how our methods are performing.

So whether you're a fan of Steam Moves or a follower of the Smart Money, whether you love riding the underdogs with our Square Plays or wait on our daily Best Bets, or if you're just wondering how to beat the big, bad sportsbooks, visit SportsInsights.com and see what's happening!

Wednesday, July 1, 2009

Martingale Systems and Scamdicappers





SportsInsights.com Article -- Martingale Systems and Scamdicappers

A few months ago, we published an article that debunked one of the more popular scamdicappers on the internet. In this article, Sports Insights looks at how some scamdicappers use math and marketing to look good, but they add little or no value to their customers' accounts. The information on this site is for entertainment and educational
purposes only. Use of this information in violation of any federal, state, or local laws is prohibited.

Martingale Systems

Martingale approaches and results often seem tantalizingly easy to most people. Everyone wants to find a "system" that works and makes some money, and why shouldn't it work, right? These systems often rely on human nature and the over-confidence of most gamblers by increasing bet size during a losing streak. The Yankees can't get swept in a series, right? We have an edge, so we shouldn't lose too many in a row, right? The gambler thinks,
"let's double our bet and make some money back." Unfortunately, in the vast majority of cases, the probability of winning the next play is independent of the past (as in the famous quote: "luck has no memory.") The gambler is merely increasing his bet size, with no increase in expected value or profit. The gambler is therefore increasing his "risk of ruin." There are many variations of Martingale systems, but let's first take a look at the classic Martingale system.

Classic Martingale System - Double Your Bet Until You Win

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