Mid-Season Performance Review
Preliminary indications from an informal audit we just completed suggest our picks are right around the 60% threshhold that we have come to expect from our efforts. Specifically, our published picks against the spread are 41-28-1, for a 58.6% win rate. Our bets on totals have fared slightly better, cashing in 48 instances out of 80 wagers, or exactly 60% of the time (our total plays pushed twice). Thus, in aggregate, @wizeowlsports is a smart 89-58-3 on the season, for a win rate of 59.3%.
We have adopted the custom of paying up to achieve a minimum margin of error, which is tosay that our average vig is higher than the standard -110. However, even at our -117, our 59%+ win rate still bests the implied break even rate at 53.9%.
The following chart illustrates hypothetical profits that would have accrued had a bettor risked $100 on each of our selections from the outset of the season.