Monday, 9 December 2024
Service Announcement and American Football Updates
Friday, 22 November 2024
Bots and HFA in the NFL
That will be a bot matching your bet. It's very simple to create bots that get notified about every change in a market and then they decide what action to take.This makes sense, although why this is something I've only noticed recently is still a mystery, since bots have been around for a long time. It could be a timing issue with these bets being placed closer to the event start time than usual, as apparently it's nothing new as Subscriber Rob let me know:
Regarding your latest blog post on bets getting matched on Betfair atAnd a subsequent email today pointed out that it:
‘Invisible odds’
This has definitely been happening for quite some time and occurs on other sports not just NFL although I do notice it more on American sports.
Happened again last night. I put in 1.76 for the Islanders and it got matched immediately despite the market being 1.75 / 1.77. They lost!It's not been the best of runs lately for the NHL Systems, but the ROI is at 9.1% for the season which is in line with their records since 2005.
Two more likely selections tomorrow night.
Subscriber Larry sent me an interesting article on the value of Home Field Advantage in the NFL, a value which is constantly evolving and needs to be looked at on a team by team basis. The article concludes with a table showing the highest as 6.3 points (Detroit Lions) and the lowest as -1.5 (Washington Commanders).
Five of the eight 'North' teams feature in the top 10 which is likely due to their familiarity with the weather, while only two 'West' teams feature in the top half, one of which is Denver with the 'mile-high' location the likely major factor.
Monday, 18 November 2024
Little Boys
Saturday, 16 November 2024
Bluesky
Friday, 15 November 2024
Mike Tyson v Jake Paul
I did initially think that Tyson is probably where the value would be, and for the same reason as you, that Paul's followers will be backing him in large numbers, but I do have some reservations, specifically:
Age. At 58 and not having boxed (other than an exhibition) for almost 20 years, he's not as fit as Jake Paul ( age 27) will be.
Motivation: Tyson quit in his last fight , saying afterwards "I do not have the guts to be in this sport anymore. I don't want to disrespect the sport that I love. My heart is not into this anymore. I'm sorry for the fans who paid for this. I wish I could have done better." - that's a concern.
Health: The fight was postponed from its original date due to a "health scare" (ulcer issue) for Tyson on a flight. That doesn't sound great.
Finally, his open workout this week raised questions about how ready he is for this fight. I'm not an expert, but the opinion among experts was that Tyson didn't look good: “This guy should not be in there. Mike couldn’t gauge the distance with his trainer on the mitts; he was coming too close; the punches were missing the mitt; they were not hitting accurately enough, and his feet weren’t there either.”
That doesn't sound good. On the plus side for Tyson, he's a natural boxer, and the rules seem to have been set to help him - 14 ounce gloves and two minute rounds.
Overall I have to say I think Paul will win. A 31 year age difference is a lot, and it's not as if Tyson is in the best of health for a 58 year old.
But of course, one punch and all these doubts are irrelevant.
I think many of us who are of a certain age will be hoping that Tyson can find that one punch and put Jake Paul in his place. It's interesting that the 1.68 price from yesterday has now shortened to 1.55 / 1.56 in just a few hours, but in a gimmicky contest like this, whatever happens, it will be obvious in hindsight.
Sunday, 10 November 2024
Leopards
...my bet on Harris was a hedge, and focus on the silver lining of my Bitcoin holding hitting a new all-time high. Hopefully Tesla will also benefit from Elon Musk's role with the Trump campaign, and the US futures look green across the board, especially the Russell 2000 which is comprised of smaller companies who will benefit from Trump's promised tariffs.
The three days since the election have been rather interesting with Tesla up 27.8%, Bitcoin up 10% and the S&P500 up 3.7% and Wednesday was my best single day ever beating the record set on March 24th, 2020 - eight days after my worst day ever - when the markets bounced back in the early days of COVID.
Tesla closed on Friday at $321.22, still a little shy of it's November 2021 high of $409.97, while Bitcoin did reach a new high and is currently around $77,000. The S&P500 also set a new high going above 6,000 for the first time ever on Friday.
As a new retiree, the sequence-of-returns risk is always a concern. Because of my severance, I have yet to dip into my retirement funds which is when retirement will get real, so for those funds to be about 10% higher than they were back in April when employment ended is a positive with the negatives unfortunately landing on people a lot less fortunate than myself, many of whom will have voted for Trump.
'I never thought leopards would eat MY face,' sobs woman who voted for the Leopards Eating People's Faces Party.
If you've been following this blog for a while, you should be aware that I've long advocated for investing in low-cost passive index tracking funds over high-cost actively managed funds, and for the S&P 500 over the FTSE 100.
While there are still about seven weeks to go in the year, it's looking most probable that the S&P 500 will again be the "winner" - results from the past ten years:
It's week 10 of the NFL today, and for the first time since week 5 of the 2020 season it looks very much like there will be no qualifiers for the Small Road 'Dogs System. With a 14-18 record this season, perhaps that's not a bad thing.The College Football cousin had four winning selections from five in week 11 to take the season record to 56-48, and the new College Basketball season has begun, although no selections yet as the early weeks are essentially warm-ups for the conference games which start in January.
The season didn't get off to a great start for the number 11 ranked Auburn Tigers, after two players started fighting on their flight to Houston and the pilots decided to divert. Not a surprise that the replacement flight didn't include the two combatants Jahki Howard and Ja'Heim Hudson. Auburn won the game, so a new system is born - back the Away team if their flight is interrupted by a brawl.
Thursday, 7 November 2024
Odd Odds
"a representation of the line at which most people bet the game."On the Killer Sports site today, this approach now seems to have changed to this:
The lines in our sports databases are currently a consensus of closing lines from several of the leading national sportsbooks. While that should provide a baseline for finding profitable situations, shopping around for the best available lines will only increase that profitability.
There were a couple of games yesterday in the NHL which highlight one of the challenges with Killer Sports.
One of the Sacred Manuscript's NHL Systems had the Detroit Red Wings as a selection.
Running the query now shows them as -110 (1.91) in their game at the Chicago Blackhawks, but depending on where you went to bet them, you would have found some inconsistency.
At the time I ran the query, the Red Wings were -122 (1.82) and I did back them at 2.0 on Betfair where they were not the Favourite.
Subscriber Stu decided to skip the game, and of course, as always happens in situations like this, the bet was a winner.
Some sportsbooks had the Red Wings as favourites, some as joint favourites and others as underdogs:
Coincidentally, we have the identical situation with a 'selection' again today.
While it's a little confusing, showing both joint favorites as a favourite is reasonable, but in a second game yesterday - Washington Capitals v Nashville predators, both teams show up as favourite even though one was -108 and the other -112. Being priced at odds-on isn't the same as being the favourite!No system had an interest in this game so it was a curiosity rather than a problem, but it's something to be aware of if you are using Killer Sports to source your investment decisions.
Here are the 'official' results for the NHL systems so far this season, but with a little line shopping, these results should be the easily beatable:
Wednesday, 6 November 2024
Silver Linings
In the NBA, the 'Overs on High Totals' system has started the new season positively too, with an 8-4 record to date and two more selections tonight, but the new 'Unders' system is 0-2 so far.
Tuesday, 5 November 2024
Next Stop - White House or Prison?
I enjoyed your blog post 'Record Breaking' and was having a poke around myself so thought I would share my spreadsheet of Betfair ticks.
It doesn't look like much of that £1.4m @ 1.8 traded in the morning or afternoon, but £6m traded between 7 and 8pm, including £3.6m at 19:25-19:26.
Obviously Betfair is counting back and laid stakes so is double counting really, but that's still huge. I noticed the spike on their crappy charts on Sunday.
That's a lot of money and the backer is in a good position right now with Trump down to 1.59 / 1.6 at the time of writing.
Bogdan R left a comment on the same post asking:How low did Trump trade in 2020? I remember something around 1.25. I'm not overly confident on Harris @2.30-2.40, but I'm tempted to leave a few lay orders on Trump, something like 1.40/1.30/1.20.I looked back at my posts from four years ago, and in one of them I wrote:
Trump's defeat is made all the sweeter given that on Tuesday night, with his odds as short as 1.24, he almost certainly thought he had won.
Bogdan has a good memory.
Some of you may have heard about the trader known as "French Trump Whale" who had, at the time of this interview, bet $45MM on Trump to win the election.
It promises to be an interesting night as the results start to come in. Fireworks expected...
Sunday, 3 November 2024
Record Breaking
This market will be settled once both the projected winner is announced by the Associated Press and the losing candidate concedes. If the losing candidate does not concede, or if there is any uncertainty around the result (for instance, caused by recounts and/or potential legal challenges), then the market will be settled on the winner decided by Congress, on the date on which the Electoral College votes are counted in a joint session of Congress.
Earlier today (Sunday) there was a large amount looking to back Trump, a sum that I can't recall ever seeing before. The market moved to 1.8 / 1.81 but whether that huge amount was mostly matched or cancelled isn't clear but over £7MM has now traded at 1.8, far more than the amount traded at either 1.79 or 1.81.
That Trump is favourite at all is surprising to me, although I'm trying to learn my lesson after misreading the 2016 Brexit and US Presidential Elections. I've layed Trump at various prices over the past few weeks, and this may not age well, but my gut feeling is that Kamala Harris will ultimately win fairly comfortably.Neither Trump or his campaign are sounding confident, he looks physically exhausted and flat, and the latest polls are generally good for Harris. I could cash out for a nice profit, but I'm going to let this run. It could be running for a while though as Trump ramps up his "stolen election" claims and provokes civil unrest. Interesting times.Sunday, 27 October 2024
The Buzz Around Killer Sports
Hi Cassini. The free access to KS will be limited to 10 searches per sport per day. While it should theoretically be enough most of the time, it is still not enough on the days when you will want to do further research. I believe I will be a basic member, and hopefully it will mean the site will keep going for a long time. https://killersports.com/plans-premiumThe linked page shows the following tiers and confirms what Hkibuzz stated:As he says, the 10 searches per sport per day included in the Free tier should suffice for me on most days to identify what selections there might be for previously identified edges, but for researching new ideas the Basic tier might be required. Even though I am now retired, I think I can justify $19 a month if it becomes necessary.
Killer Sports Pro Time
Hi there it is me again. What is your opinion on the new paid structure of Killer Sports? i don't want you to be positive or negative about it, but rather like to know if this will have an effect on the user structure and use cases of this great tool. I used the Db to experiment and to research. It was fun for me, but now i think a lot of silent researchers will leave the ship and this might lead to a decrease in researchers.
Included in our tiered membership structure is a free access to the ability to run a limited number of queries / Simple Searches and some saved systems to satisfy our most casual users. The paid tiers expand from there to accommodate our avid users who want to frequently search the database and/or take advantage of our expanding number of valuable tools.As I do not use the feature which allows you to 'save' systems, I'm hoping I will stay under the radar and be considered on of the 'casual users', but if the 'limited number of queries' is set too low, then I may be in the Pro tier, but at $39 a month, I would consider this to be excellent value. As my account is now showing Pro, I suspect I'm enrolled in the 30 day free trial.
As I wrote on the blog at the time, a little over three years ago that it looked like Killer Sports would be shutting down which would have been terrible, but fortunately the site was saved with more sports being added. It's not perfect as I have mentioned before. The data isn't 100% accurate but it's a wonderful resource nonetheless.
For the time being the site remains free to use but should that change I'll update you all here.
One subscriber asked me if a strategy of betting the Moneyline rather than Against the Spread (ATS) would be profitable. It certainly should be since the odds are aligned, but the beauty of ATS is that the ride is a lot smoother.
A few years ago I came up with a table showing the approximate 'true' Moneyline odds based on historical results from the spreads for American Football (F) and Basketball (B).
Like Killer Sports, it's not perfect, but I find it helpful and thought I'd share it here.
And no, that isn't a typo for favourites giving a point in Football.
Saturday, 26 October 2024
Billions, Drama and Fading in the NHL
The popular team fading works the best for the Toronto Maple Leafs.
Overall, for the past ten seasons, backing the Leafs straight up or on the Puck Line in every game gives the third worst outcome of the 33 teams - Utah are new this season and have just six matches to their name so far.
As Thomas added, when they are playing against a losing team they are top of the list with an official ROI of -12.7%.
It's impossible to get a definitive answer on which team in the NHL is the most popular, in Canada but the most popular team there appears to be either the Leafs of the Montreal Canadiens who rank ninth worst in both scenarios.
Monday, 21 October 2024
Sports Equinox Starring New York
Friday, 18 October 2024
Betting With the Heart
Along the same lines I also avoid betting on the Lakers as this is probably the most hyped up team in the history of sport..
"When the Yankees are going well, we'll most likely need their opponent every night," [Johnny] Avello, a New York native and longtime Las Vegas bookmaker, said. "They say, 'Don't bet with your heart,' but we all do."
Thursday, 17 October 2024
Inbox Nuggets for the NHL, NFL, NCAAF and CFL
Hey Cassini,
Thank you for your work and your blog. I really appreciate everything you do. I have been messing around with killer sports since you introduced me to it and I have a lot of fun thinking about things that may matter for the sports I enjoy.
I think I may have found an intriguing one for NHL.
Since 2007- ROI +10.5% in 948 games
Since 2021- ROI +5.5% in 208 games
Since this season- ROI +12.9% in 51 games
It seems to be steadily profitable year after year, present a solid number of plays, and the games that meet the criteria are typically quite enjoyable to watch. I am not very good at math or statistics though so maybe it is too small a sample? Either way I was curious to get your thoughts.
Best,
Anonymous fan
I've said before that it's pitting your wits against others and the intellectual challenge of beating these markets that is in many ways more exciting than winning money and having fun with ideas like this is what it's all about. When we can make some of the ideas profitable, so much the better.
I did respond with my thoughts, but back in March I was about to head over to Arkansas for the Total Eclipse and with the NHL season wrapping up, I put this idea to one side and, if I'm being honest, forgot about it. Retirement was apparently a distraction, or I'm simply getting old.
I was reminded of the system when Anonymous (I shall call him Thomas moving forward) wrote with an observation about an NFL system, and there in the e-mail thread was buried the NHL system.
With 17 full seasons of data dating back to 2006, (for some reason the data we need for 2017 is missing), the numbers are now:
My only concern is that the ROI is down for the latest five seasons, a trend to keep an eye on, but overall the results are good.
Included in my numbers are playoff games where the edge appears to continue.
The fledgling 2024 season has had just one selection to date, a loser, but with two qualifiers tonight it's another system I'll be adding to the Sacred Manuscript and sharing with subscribers along with Thomas' simple, but highly impactful, NFL observation.
After running the numbers, Thomas has essentially managed to obtain the same returns but from fewer than 56% of the selections.
Side by side, here are the basic returns pre and post Thomas' modifier:
Excellent work, and two probable selections this weekend. It also appears to be effective in College Football with a similar improvement:
And in the CFL too, although with only a dozen games remaining it's a moot point for this season. Thomas deserves a medal.It's been an unusual NFL season so far, with just six games having a spread of more than a touchdown and extra-point, i.e. seven points.
At this stage of the season the average number of such games since 1989 is 18, and four of the six hotties this season have lost straight up, with only one covering the spread.
Finally, and the topic of my previous post regarding shutouts in MLB playoff games is relevant again as we had another one last night in New York as the Los Angeles Dodgers beat the Mets 8-0.
Wednesday, 16 October 2024
MLB Playoff Shutouts
With such a small sample size, it's not surprising that the p-value isn't significant but with a good premise behind it, this is an idea that may be worth watching and of course, it paid off on Monday night with the New York Mets bouncing back from a 0-9 loss in Game 1 with a 6-1 win over the Los Angeles Dodgers in Game 2.
Saturday, 12 October 2024
Roller-Coaster, Tight Pants, and Bromley Car Parks
Christopher DeVocht, a carpenter by day, successfully traded Tesla stock and options during the COVID-19 pandemic, when a record amount of stimulus helped stocks soar and drove a retail-trading boom.$65k to $306m to zero is quite an emotional roller-coaster. One commenter stated that:
At the end of 2019, DeVocht had C$88,000, or about $65,000, with the Royal Bank of Canada's brokerage division. At its peak in November 2021, according to the lawsuit, DeVocht's account grew to C$415 million, or about $306 million.
But DeVocht and his professional advisors didn't cash out and instead lost everything as a brutal bear market took hold in 2022, leading to staggering losses for his heavily concentrated portfolio.
Yeah I would never have made $300M. As soon as I hit $10M, I would have cashed out, set up an annuity or plopped it all into index funds and went fishing and mountain biking the rest of my life.
Easier said than done. While I'm a big fan of index funds and cycling, fishing - not so much, I suspect many people would struggle to call it quits on reaching $10M especially if that number is reached rapidly. It would be a nice problem to have, but very easy for that market driver of greed to take over.
With Kiké Hernández hitting a Home Run for the Los Angeles Dodgers as they eliminated the San Diego Padres last night, presumably while wearing his extra tight pants, and Elon Musk talking about car parks at the Tesla Robotaxi unveiling yesterday, I'd be missing a great opportunity if I didn't mention this post from a couple of years ago which addresses both car parks (Bromley Sainsbury's specifically) and baseball pant tightness.
Monday, 7 October 2024
MLB Totals, Playoffs, and Ice Cream
Peter confirmed my thoughts, and my betting, writing:
That Green Bay spread line from Killer Sports is wrong. I placed my bet at +3 only a few minutes before the start and was watching the lines across the board until the kick offs and it didn't move into favouritism. And covers.com reports on the result: "Green Bay covered the spread of +3."
These calculations use the Pinnacle Dime line of -105 (1.952), but the system is historically profitable with the line as short as -123 (1.813):
Some of you may recall the UMPO system and while these low volume systems can be volatile in any one season and ROIs meaningless, historically the record is good, especially for qualifiers playing at Home and we have the first one for this season playing tonight.
It's often said that losing weight is 80% diet, 20% exercise but for me, calories ingested alone has a 91.1% correlation to weight loss, with exercise actually decreasing the correlation to 85.6%.
On a quarterly basis, if my average daily intake of calories is fewer than 2,230 I lose weight, as I do if I have fewer than 8 days a month with alcohol. It's that easy, but not very exciting.
Monday, 23 September 2024
Moving Lines
Friday, 20 September 2024
Winners and September Baseball
Thursday, 19 September 2024
Stateside
Wednesday, 4 September 2024
NFL 2024 - An Unusual Start
São Paulo, Brazil is the venue, and it's officially a Home game for the Philadelphia Eagles who play the Green Bay Packers. I'm also aware that one subscriber from Brazil, Victor, will be present at the game which coincidentally is the same match-up for the last NFL game I saw live when my son was living in Philadelphia. Unfortunately we will be on opposite sides when it comes to who we will be supporting.
Of the six previous Friday games, four were Christmas games, and last year there was a Thanksgiving Friday game, so this is the first non-holiday Friday game other than a 2005 game between the Miami Dolphins and Kansas City Chiefs which was moved forward a couple of days to avoid running into Hurricane Wilma.
Tuesday, 3 September 2024
August Wrap, Draws All Over
...but I find it hard to see the logic of backing draws in say the Premier League but not also the Championship, or La Liga 2 but not La Liga 1.
I fully agree. In a perfect world, the rationale for a Draw System in a top league should apply across other similar tier leagues as well as further down the league even if results weaken, as suggested in the examples above, but this wasn't the case when I last looked at other leagues in some detail maybe five or more years ago.
Back then, I put it down to each league and division having it's own characteristics, and with other priorities in life, left it at that. In hindsight, this might have been a mistake.
The first versions of the Sacred Manuscript contained the EPL Draw System, but then it was mentioned to me about this time two years ago that Spain's Segunda División showed similar results, and with a slightly different set of parameters, I verified this and added it to the Sacred Manuscript. It has been up by 26.46 units since then.
More recently, our old friend Dr Tsouts mentioned similar findings in the Greek Super League while very recently, in the past few days to be precise, another subscriber told me that he used the idea, again with the parameters modified, with success in La Liga and the Chinese Super League.
My knowledge of Chinese football was non-existent, that of Greek football not much more, but data is data so I took a look and as a result the Greek and Chinese Leagues with the appropriate selection criteria are now added to the Sacred Manuscript - and before anyone complains about not receiving their update with the latter, the league is on a break for a couple of weeks so I'll be combining it with a few other updates - and am now turning my attention to La Liga.
I'm not giving too much away here, since it's been discussed on the blog previously, but in the EPL, in games between two closely matched teams, e.g. within 10% of each other, the Draw represents value.
Since 2001, right up to this past weekend, there have been 640 such matches, 199 winners and a profit of 38.87 units or an ROI of 6.1%.
The term "within 10%" actually means any match within a range of +10% (a positive number for matches where the Home team is the favourite) to -10% (a negative number for matches where the Away team is favourite).
The mid-point here happens to be zero, and in a perfect market this is perhaps where you would expect it to be, but all markets are different.
I think I've mentioned here before that results did vary depending on whether we were on the plus or minus side, but I clearly drifted off to another idea and never followed up.
It summary, it appears that the basic rationale for the "close" idea carries over from the EPL to at least some of these other leagues, but there is a difference in both what "close" actually means, and in where the mid-point for the range should be.
Of course if zero doesn't fall within the optimal range, I'd need an alternative term.
With my new employment status, or lack thereof, and thus a little more free time, I plan to revisit these other big leagues and see if the Championship and La Liga are viable leagues too.
La Liga certainly seems to be. Here are the preliminary results:
Obviously the 2024-25 numbers aren't anything to get excited about yet, and the 5 years and 10 years totals exclude them, but these are solid results.
On a monthly basis, the profits do dry up a little in the first quarter of the calendar year, but overall they look pretty consistent.
I'm pretty sure that subscribers can expect another update with this league included, and possibly others,
The Draw isn't everyone's cup of tea, which is why there is value to be found.
The Sacred Manuscript is now up to 100 pages, and with new systems added at the suggestion of subscribers now making it more than 50 long-term profitable systems, is now ridiculously underpriced.
We now have systems for the College Basketball end of season Tournaments, an NFL System based on Bye weeks, NBA Systems based on travel and Time Zones, as well as the previously mentioned Greek Super League and Chinese Super League Draw systems. And soon, La Liga and who knows what other leagues from around the globe.