Long-time readers of this site know that I'm a firm believer of going against the public whenever possible. Sure, you're not going to win all the time going against the public, but in the long run you'll do better than you will siding with the public.
This makes perfect sense when you think about it, as the majority of sports bettors lose. If you can be on the opposite side, you should win, or at the very least, hang on to your money quite a bit longer. Nowhere is this more true than baseball, where the public has a tendency to bet the favorites. What happens with so many favorite bettors is that the true odds exceed the team's chance of winning the game.
If a team should win seven out of 12 games in a certain situation, the true line on the game should be -140. But because the favorites tend to get so much of the action, the odds will often be -155 or higher, which makes for a good underdog wager.
The good people at Sports Insights, have created a chart that shows how those bettors wagering against the public would have fared over the past six years and it's must-reading for any baseball bettor.
Read Betting Against the Public in Baseball to get the lowdown.
Photo: Carlos Marmol and the Chicago Cubs are often big favorites with the betting public. (Photo by Johnathan Daniel/Getty Images.)
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