SportsInsights.com Article — MLB Mid-Season Update — July 2011
The Major League Baseball All-Star Break is over — and as a leader in the sports betting information industry, Sports Insights is pleased to present an update on this season’s baseball season. In this article, we’ll give an update on the performance of Sports Insights’ simple strategy of “Betting Against the Public” — and look at some of the best-performing and worst-performing teams this season.
Another good way of tracking the performance of the contrarian sports investing marketplace is to follow the Sports Insights Sports Investing Index. The latest performance update for the Sports Investing Index is here. The information on this site is for entertainment and educational purposes only. Use of this information in violation of any federal, state, or local laws is prohibited.
Betting Against the Public
Before the season started, Sports Insights’ researchers updated MLB results for “betting against the public” to include last season’s results. This has been a good season for “betting against the public” — as evidenced by Sports Insights Square Plays — which have generated +32 units for this season, at the time of this writing. Below, we show the results for “betting against the public” for this year’s MLB season, at mid-season:
Table 1: MLB and Betting Against the Public (2011 Season at All-Star Break)
Best and Worst-Performing Teams at Mid-Season
Below are charts that list the best and worst-performing baseball teams this season. It is always interesting to see which teams are near the top and bottom of results “against the spread” (ATS) — or in this case, based on “money line odds.” Some takeaways from the charts:
Table 2: Best-Performing “ATS” MLB Teams at Mid-Season
Table 3: Worst-Performing “ATS” MLB Teams at Mid-Season
|Los Angeles (NL)||-15|
We do not guarantee that the trends and biases we’ve found will continue to exist. It is impossible to predict the future. Any serious academic research in the field of “market efficiencies” recognizes that inefficiencies may disappear over time. Once inefficiencies are discovered, it is only a matter of time before the market corrects itself. We do not guarantee our data is error-free. However, we’ve tried our best to make sure every score and percentage is correct.