Congratulations to Fizzer555 for being the first to take the "Home Improvement" project one step further - the 'Shorties' clue in the post just made it too easy:
When the team is at Home...
Even though the wins now exceed the losses, the system is still not quite profitable (-6.76 points, ROI -0.8%), but was a winner in both 2014 and 2015. Worth a closer look in my opinion. Thanks Baz.Yes, the Home and Favourite qualifiers make a huge difference to Baz's basic idea. Here's the ten year record:
If you select only Home Favourites that helps further. I guess if a team is being made fav after two losses at home to the same opponent then you are picking up on teams with more ability and filtering out the weaker teams.
Just two losing seasons in the past ten years, and only one (2013) that would have hurt, this is worthy of inclusion in the Cassini Portfolio. It's another very manageable, quick and simple strategy that will generate around 100 bets on the season, approximately one every couple of days (it's a long season).
Now I just need a catchy name, to thank Baz and Fizzer555, and hope that anyone reading this forgets all about it and doesn't cause the prices to crash! It's again worth noting that the numbers above are all beatable on the exchanges or Pinnacle Sports but an ROI of 4.8% over ten years is very impressive.
There's one more logical constraint that historically would have increased the profits to 64.89 points from 537 bets, an ROI% of 8.3%. Baz / Fizzer: email me if you can't figure it out.
With many baseball series actually comprised of four games, I did look at the same strategy for teams losing the first three games. It's a rarer occurrence of course, and 93 bets over 10 seasons isn't much to get excited about, and neither is the loss of 15.48 points.