Country Roads, Eggs and Baskets

I managed to survive the six-state road trip with my son mentioned in my previous post. After flying into New Orleans, Louisiana and spending a couple of days there we drove to Savannah, Georgia stopping overnight in Tuscaloosa, Alabama, Nashville, Tennessee, Asheville, North Carolina, and Charleston, South Carolina. We were able to catch the College Basketball Championship game between Florida and Houston in Nashville shortly before we were hauled up on stage to sing along to, in my case, Take Me Home, Country Roads and for my son, The Gambler. 

All in all a great trip although it was disturbing that I was regularly the oldest patron in the bar, with another highlight being the announcement somewhere that someone was celebrating their 70th birthday which made me feel quite young. The last photo on the final night in Savannah was taken at 2:36am so I kept up pretty well I feel! 

My Fitbit and Oura metrics took a hit, as did my scales and wallet, but all bar my wallet are slowly returning to normal. 

The financial markets were extremely volatile while we were away and it was one of those trips I returned home from with no idea whether I was up or down, but unfortunately I was down. Tesla was bouncing around all over the place, up more than 23% on Wednesday as we drove through the Hurricane Helene damaged roads into Asheville, and my former company also had a good run which helped to offset some of the broader market losses. 

I met with my Financial Advisor on Monday and was pleased to hear that I've not messed up (yet) although he felt I was a little aggressive on growth stocks and should consider moving some money into dividend stocks, which is something I was already doing and have mentioned here before, but maybe I'm not doing it fast enough for his liking. 

Back to College Basketball and with the season over, we can look at how that Sacred Manuscript systems. The Small Favourites had a 52-55 losing record ATS for a small loss, but when limited to the top six conferences, the record was 9-8 but the totals had a losing 7-10 record. 

The Conference Tournament System fared much better with a 71-66 record, and the NCAA Tournament results were even better at 22-12 making it a profitable season overall. 

The NBA Regular Season has also ended, with the Playoffs starting today. With Road Favourites not performing as expected this season, we're looking at a loss overall but the Totals Systems have been profitable, notably the Overs on High Totals which delivered a 123-110-1 record. More to come when the playoffs are over but I think one lesson might well be not to base too many systems on one parameter, even if it has been a profitable one over the years. Something about 'eggs and baskets' which applies to more than just NBA betting.  

Factors of Seventeen

While it may seem counter-intuitive, one side effect of retirement has been a reduction in the amount of time available for blogging. In my 'working' from home days, it was easy to find time between meetings for some research or blogging, but with no such constraints these days I'm spending more of my time out of the house.

However, the blog did mark its 17th anniversary a few days ago, and has recently been selected "as one of the Top 100 Sports Betting Blogs on the web".  

While I claim on Twitter to be the "Author of the world's number one sports trading blog Green All Over", the assertion is made with "tongue-firmly-in-cheek" and while I should perhaps be disappointed that I only rank at number 34 in this list, in all seriousness it's quite inspiring to be noticed, and with the added bonus that 34 is a Fibonacci number.

The blog is accurately described as:

an independent look at challenges and opportunities in sports and financial investing, with occasional diversions as my mood takes me.

I'm a little concerned that Daily Betting Blog from my old friend Steve makes the list at number 59 despite not having posted since 2021, but who am I to question the criteria used to determine the list? 

As others have noted, it's not easy coming up with content after this long, and while I have no plans to stop blogging, it's clear that as life is changing for me, it's perhaps not the priority it once was. 

Later this week I'm off to New Orleans for a ten day road trip across the United States with my son, a final father / son road trip before he becomes a married man in May, a month that will not be focused on betting but on family and trying to keep up with a younger generation on the stag weekend. My ability to drink and recover is not what it used to be. Actually, the drinking part is fine, but at 68 it's the recovery that now takes so much longer. 

I just now realised that I have been blogging for 25% of my life!

To sports and the 2025 MLB season started for the Chicago Cubs and Los Angeles Dodgers a little earlier than most teams with two games in Tokyo, both won by the Dodgers, but for most teams the season started last Thursday.

The College Basketball season is reaching its conclusion with the NCAA tournament to decide the National Champions down to its last four teams. It's rather more boring than usual with few surprises, and a Final Four of all number one seeds (each of the four regions is seeded).  

Since the tournament expanded to 64 teams in 1985, this has only happened once before, in 2008.

The Sacred Manuscript system for this tournament currently has an impressive 22-12 record ATS, although in the Conference Tournaments, the system was only slightly profitable with a 71-66 record. 

The NBA regular season is also winding down with the playoffs starting in mid-April. Overall it hasn't been the best of seasons with Road Favourites having their worst season since 1998. 

It's better news in the NHL which is also in the final stage of its regular season, with the core system having an official ROI of 4.3%, and the Embarrassed and Rested system up 13.6% - numbers that are easily beatable. The "Tough Guys" system hasn't fared so well, with a 28-29 record so far and an ROI of -8.5%.

February Flops

February wasn't the best of months. Sports betting saw a miniscule 0.7% return, which at least was positive, but overall the month ranked as the 194th best in nominal terms out of the 197 since I started tracking, and the 184th best in percentage terms, which is a more positive way of saying that the month was one of the worst ever. 

Tesla lost 27.6% in the month, and is currently down 33% YTD, while Bitcoin lost 17.6% in February and is down 2.8% YTD. 

I did mention in the January summary that: 

As a new retiree, I'm still getting used to the new world of no salary, but if returns on investments could be like January all the time, I'll be a happy man.

Along with being a retiree comes the experience of having gone through a few roller-coaster rides in my investment career, and I'm well aware that it can be a bumpy road. Tesla will be interesting. The CEO has closely (to put it mildly) aligned himself with the current administration, which is not usually a great idea for a CEO, and leading the DOGE effort can't be anything but a distraction from running Tesla. 

With Tesla importing around 25% of their components including some from China, a tariffs war is not going to be helpful. Then there is the issue of the Elon Musk "brand" hurting demand for Teslas in Europe (a 26% drop in sales in February and likely a bigger drop when March's numbers are released) plus the competition in China and Asia from BYD and Tesla is looking like a sell. 

I reduced my position slightly at $433.63 on 17th January which was a good move, but then I bought the shares back on the 23rd at $411.75 which wasn't a good move, given that I could buy them back today at around $263.  

As I've mentioned before, most of my money is invested in low cost broad index funds with these individual share holdings just me playing with money I can afford to lose, although I'd prefer it didn't come to that. I'm planning to continue holding Tesla for now, given that I'm playing with house money after getting in back in 2017.

In the Premier League last season, backing the draw in Big 6 matches was a profitable strategy with an ROI of 104% from the 30 matches, but so far this season hasn't been as profitable with a loss of 10% after the 22 matches played so far. 

The broader strategy of simply opposing Home teams in Big 6 matches rather than target the unpredictable Draw does continue to be lucrative though, with last season's 24% ROI up slightly to 30% this season. Sunday sees Manchester United play Arsenal. 

Half-Term Report

It's half-term for the arena sports of NHL and NBA in the USA and as promised here is the half-time review of how the systems in the Sacred Manuscript have fared do far. 

The NHL broke-up first and aren't back until the weekend, while the NBA has a shorter break with play resuming tonight (Wednesday) with the regular season ending in less than two months on April 13th. 

In the NHL, the first basic system is off to a great start with an ROI of 10.9%, with the Puck Line bets with an even more impressive 32.2%. 

I've included the Over/Under for these matches because the Under shows a big edge so far this season. Historically, Unders have a slight edge winning at 53.8%, but the increase this season is interesting. 

For the more selective system the results are a little disappointing, but still profitable and the Unders trend here is even stronger: 

In theory, and certainly over the longer term, these more selective bets will have a higher ROI, but the reduced volume means that variance is a factor in the short term, and 15 nets is very much short term. 

For the second system the results are not as good. Long term (i.e. since 2006) the ROI on these are 8.2% and 15.1% but so far this season we are down 22.7% (from 60 selections) and 2.9% for the more selective system although this has only had 13 selections to date.

The third main system is down 11.5% (from 40 selections) with the more selective offshoot up 49%, which sounds more exciting than it is given that there has literally only been a handful of selections so far. Again, Unders at 59.5% are coming in at a higher rate than expected this season.

Moving to the NBA and the results are so far very disappointing. Most of the Spread systems are based on the premise that certain Away teams are often value, but this season the winning percentage (46.4%) is the lowest since records began in 1995.

This basic system currently has an ROI of -9.4% from 334 selections and it's not much comfort that factoring in the previous result for both teams this into a 12.1% ROI since this is just 54 selections. 

The Totals systems are at least performing decently so far, with the 'Overs on High Totals' system hitting at 55.5% while the 'Alpha Unders' has a losing 28-29 record to date, but in the hunt to be profitable at least. 

College Basketball doesn't have a mid-season break, and selections are few and far between in the earlier part of the season, but so far the three systems are a combined 9-9 with the end-of-season tournaments when we get really busy.

At least my bet on the Superbowl was profitable even if I didn't get the best value by waiting until kick-off. 

Fixes, Breaks, Investments and Oct '23 v Jan '25

As many of you will know, sports betting has been on the rise in the US ever since the 1992 Professional and Amateur Sports Protection Act which made it illegal outside of Nevada was overturned in 2018 as a violation of states’ rights.

Since then, individual states have one by one legalized in-person sports betting with the ball set rolling by Delaware just a month after the legal decision, quickly realizing the financial benefits of legal sports betting.

According to Forbes, Americans wagered $119.84 billion on sports in 2023, which represented an annual increase of 27.5%.

Along with this increase in sports betting has come an increase in people associated with sports getting themselves in trouble. Last April, Jontay Porter (age 24) became the first active player to be banned (for life) from the NBA for gambling since 1954.

Just last week it was revealed that Miami Heat guard Terry Rozier is under investigation for allegedly "altering his performance" during a March 2023 game, and today we read that:

"Accounts connected with a gambling ring that is under federal investigation for its participation in two NBA betting cases have been tied to "unusual wagering activity" on at least three men's college basketball programs this season. The three schools -- North Carolina A&T, Mississippi Valley State and Eastern Michigan -- were all reportedly bet against by the gambling ring and flagged by betting integrity monitors at various points this season, according to ESPN.

North Carolina A&T recently suspended three basketball players -- including the top two scorers on the season for "violating team rules" last week -- though it's unclear if the indefinite suspensions are tied to the betting case.

The same accounts linked in the probe were also involved in suspicious betting activity that placed large wagers on prop bets involving former Toronto Raptors forward Jontay Porter during the 2023-24 season and former Hornets guard Terry Rozier in 2023, ESPN reports.     

In baseball, one of the best - at least in terms of calling balls and strikes correctly - umpires Pat Hoberg has been fired  by MLB for "gambling violations." 

It's disappointing, but not really an unexpected byproduct of the huge increase in interest in betting. It happened here in England when spread betting became popular in the 1990s and elite players such as Matt Le Tissier were tempted into trying to fix things such as the timing of the first throw-in. 

In my opinion, the more players on a team, the higher their compensation, and the higher the profile of the match, the lower the risk is that a bet on something macro such as the final score will be impacted. 

Tennis, golf, snooker, darts etc. and it only takes one individual to make a big difference to the final outcome, and that could be due to illness, mood, motivation rather than betting related.

The end of January means just the one NFL game remaining, the Philadelphia Eagles looking to stop the Kansas City Chiefs (-1) from becoming the first team to win three consecutive Superbowls. 

With the mid-season breaks for the NBA and NHL coming up in a few days, it makes sense to review those seasons so far at that time. 

At the start of the year, I didn't recommend a few stocks, but if you disregarded my suggestion, you wouldn't be complaining too much. I wrote:

These aren't recommendations, but for the record they are AbbVie ($ABBV), Applied Materials ($AMAT), Amazon ($AMZN), Alibaba ($BABA), Bristol-Myers Squibb ($BMY), Salesforce ($CRM), Alphabet ($GOOG), NVIDIA ($NVDA), Palantir ($PLTR), Thermo Fisher Scientific ($TMO), UnitedHealth ($UNH) and VeriSign ($VRSN). For crypto I'm now in on Dogecoin as I mentioned back in November.

My two regrets are not investing more, and adding that last sentence. Dogecoin has not had a good month, but overall these numbers are very good.

Palantir is the standout, and Wayward Lad will be happy about that although maybe not so happy about halving his stake!

Tesla is down on the year, but overall it was a good start to the year. As a new retiree, I'm still getting used to the new world of no salary, but if returns on investments could be like January all the time, I'll be a happy man.

In the same post, I also mentioned my target of dropping a few pounds, and again, this is probably not of interest to anyone but myself. I wrote:

Back to my health / weight, and while some of the gain is from building more muscle and focusing on weight training during the latter part of 2024, I do need to get back on track with my calories. I have two weddings, a school reunion (50th), and a climb up Helvellyn coming up and an expensive (for me) suit purchased when I was 11 1/2 stone (162 lbs) which I need to fit into (for the weddings, not the climb up Helvellyn!).

Fortunately I know how to do it, but it's just rather slow and not the most fun with alcohol a big factor.

While exercise is very beneficial in lots of ways, for losing weight (by which I mean fat) it's far less important than calories ingested which has a correlation to wight loss of about 88%.

Fewer than 2100 calories a day, and the weight falls off. Simple. Another Dry January will get the year kick-started.

Another Dry January did just that. I actually noticed that my starting weight in October 2023 was exactly the same as that for January, and decided to try to match or surpass my habits from that month as it was a 'Sober October', it was also a 31 day month, and I dropped almost 18lbs.

My October 2023 / January 2025 comparison:

The numbers are daily of course, except for the totals lost which were very close, even though with more time on my hands these days, I was a little more active than before.

One other difference is that although the starting weights were identical, my body composition wasn't. 

I've been adding strength training to my routine (my son tells me that as I approach old age, this is a must) so there was less fat to lose this year than 15 months ago, so with less weight (i.e. fat) to lose and more calories burned, the similar results are explained. I also bought a Fitbit a couple of days ago, another of my son's suggestions, so I'll have more metrics to play with moving forward. 

The Rest Is Current

There might be only three games left in the 2024 NFL season, but the NHL and NBA seasons are a little more than halfway through their regular seasons, even if their all-star games are still a couple of weeks away.

I mentioned 'bye' weeks in my previous post and while the NHL and NBA schedules are quite different, there are differences regarding how rested one team is compared to another. It's interesting that of the five NHL systems in the Sacred Manuscript, the three that factor in this parameter are the three that are in profit, whereas the two that don't are currently down for the season.

One basic system has a 24-18 record, but when applying the 'rest' factor improves to 8-1. 

The one system that was a late addition to the manuscript thanks to Thomas is currently negative, but once again, if 'rest' is taken into account, the results turn positive with an 18-19 losing record turning into a 4-1 winning record.

In my haste to add this system to the document, I failed to look at the impact of this additional qualifier, a miss that will be fixed moving forward.

You could actually do far worse this season than simply back teams that are better rested than their opponent which has an ROI of 7.0% and a P/L of 37.51 units from 352 bets. This using Killer Sports' data which can almost always be improved upon when it comes to prices. 

However, unless there is some significant change to the scheduling, this is likely to be a blip in the statistics since no other season in the past comes close. 

In the NBA, which shares a similar schedule with the NHL, better rested teams have a slight advantage this season with a win percentage of 52%, but historically this hasn't been an area where an edge has existed except for some totals systems. Or I've just not found them yet! 

Resting On Their Laurels

I've written before about the market overvaluing rested higher-seeded teams in playoffs, for example the MLB, the National League (the English Football fifth tier, not MLB's National League) and of course the NFL, which completed its Divisional Playoff Round where this 'feature' is present.

The rested teams this season were the Detroit Lions in the NFC and Kansas City Chiefs in the AFC. Both played on Saturday with the Lions favoured by 8.5 points and the Chiefs by 9.5 points playing against the Washington Commanders and the Houston Texans respectively, and neither covered the spread, with the Lions actually losing the game. 

Since the NFL moved to this playoff format in the 2021 season, the favourite is just 2-6 ATS, and eliminated three times from the eight games so far. 

This is a small sample of course, but rested teams have been a feature of the NFL playoffs since 2001 and the numbers since then are 38-46-2 ATS with 26 of the 86 teams eliminated. 

Hopefully some of you remembered this idea and took advantage.  With just two selections a year this is not included in the Sacred Manuscript, but then I do include the National League system which only generates six a season which seems a little inconsistent. 

The College Football season ended last night with favoured Ohio State covering the spread against Notre Dame, but for me, the post season interest was more in how the new 12 team format would play out.

Similar to the NFL, four teams were given byes to the Quarter-Finals and all four lost their matches straight up which looks promising. 

One big difference is that all these games are all played at a neutral venue, and the nature of College Football is that not all four teams on a bye were favourites, (actually none were), but it's something to keep an eye on as the format becomes more established and we get more data.