Prior to the start of every season, we release a series
of betting against the public articles which discuss the optimal thresholds for fading the public.
Our recent
betting against the public report details the sweet spot for contrarian betting, but there are many factors that should be considered before placing a wager.
With football season over and more casual bettors jumping into college basketball, there's additional value
betting against the public in these later months.
We have previously discussed why the increased number of bets creates additional value for most
betting against the public strategies, and that has certainly been true during the current bowl season.
For the upcoming season, we wanted to switch things up and create an entirely new
betting against the public system using the top historical trends we had found over the years.
With summer winding down and the start of the football season looming, we are pleased to present the latest update on our college football
betting against the public results.
After discovering value
betting against the public at the 30 % level, our goal was to layer additional filters to improve the overall ROI of our system.
We were also curious about how these teams performed when the public was against them,
as betting against the public has been one of our most consistently profitable betting strategies.
For anybody unfamiliar
with betting against the public, it's crucial to understand that the value is directly correlated with the number of bets placed on each game.
This performance was particularly remarkable since, broadly speaking,
betting against the public did not produce profitable returns over the last year.
Although teams receiving less than 50 % of spread bets have posted a winning record, the optimal threshold for
betting against the public comes at the 40 % level.
It's also worth noting that although we have only been tracking money percentages for one year, the
early betting against the public returns have been very positive.