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.