House Money: Recapping Our Conference Title Picks and Applauding the Season's Top Forecasters

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AnaheimBuck's picture

Anything below 65% should be considered "failing."

AnaheimBuck

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HYI3RID's picture

60% is around every sport's gamblers target percentage. 55% you're getting your money back. 60% you're making a decent amount of money.

Vires Et Honestas

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Max's picture

And if you're trying to make money, you pass on 75% of these games in favor of Northern Illinois type matchups.

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Andy Vance's picture

And if you're trying to make money, you pass on 75% of these games in favor of Northern Illinois type matchups.

For me, this is the most daunting part of betting the games, honestly. If I had to pick the games to bet, I think it would drive me up the wall. It was nice having a slate of games chosen for me each week. There's a lot more strategy at play if you were really trying to put some coin in your pocket, rather than just betting for 11W bragging rights.

bucknut1994's picture

Exactly. The money is in the crumbs, betting G5 games. 

#94Ways

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Andy Vance's picture

Anything below 65% should be considered "failing."

As my very first economics professor taught us on the first day of class, transaction costs are a real thing, so even at 54%, I pretty much broke even (thank goodness for that sign-up bonus!). Consider that at $10/game on 136 games wagered, using an average of -110 odds you're looking at a possible payout of $19.09 per game... you've wagered $1,360 and won $1,393.57, or a roughly 2.5% return on investment.

Annualized that's something a little better than 10%, but your point is valid - I won enough to make it a fun use of $100 in seed money, but not enough to buy Rose Bowl tickets.

GoBucksOrDie's picture

Not much of a Bobby Bowden fan, but I remember he had a great quote on betting on College football: Nobody can tell me what a bunch of 20 year old are going to do, until they do it.

Interesting signature line

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IBLEEDSCARLETANDGRAY's picture

Just shows what a crapshoot sports betting can be.

"You're the patron saint of the totally effed" - Hot Tub Time Machine

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Ih8UMich's picture

Kinda makes 82-9 that much more remarkable. 

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HYI3RID's picture

82-9 is straight up. Where as all of these records are against the spread. To compare, Ohio State was 6-7 this year ATS.

Vires Et Honestas

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bucknut1994's picture

This thing has ran all year and people still don't know it's ATS. Pretty funny if you ask me

#94Ways

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Ishi's picture

The overall 51% tells you how accurate the spreads really are.    Heck,  if the 11W staff can't beat the spread, it can't be done.  

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Buxki84's picture

Should have just flipped a coin with each pick, might have done better.

I'd rather be a minute early than an hour early, 'cause I like to procrastinate.

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3SticksBucks's picture

What if you where 45-55, but your losses were for only $110.00 (-6050), and your wins were for $1000.00??? +$38950

similar to they guy on the other Buckeye site,  -30K, hit a 50K winner, +20K  PROFIT Its about making $$$$$$$, Right?

3SticksBucks

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SilverHaven's picture

Good job, Ellis, you're number 1, and also Hope and Vance.
Ellis, what was the secret to your early successes?

Ua Mau ke Ea o ka 'Aina I ka Pono. The life of the land is preserved in righteousness. (Hawai'i state motto) Aloha nui kakou.

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