Just for fun I ran a little test yesterday and bet $1 on every single MLB game. All moneyline bets.
Here was yesterday's post about it. #1068449
The results were as follows:
Astros- Winner- Payout $1.93
Tigers - Loser- Payout $0
Giants - Winner- Payout $1.72
Phillies - Winner- Payout $1.72
A's- Winner- Payout $2.16
Mets- Loser- Payout $0
Red Sox- Winner- Payout $1.41
Brewers- Winner- Payout $1.69
Cubs- Loser- Payout $0
Yankees- Loser (haha)- Payout $0
Blue Jays- Winner (of course)- Payout $1.43
Angels- Loser- Payout $0
Mariners- Winner- Payout $1.40
Padres- Winner- Payout $1.75
Dodgers- Winner- Payout $1.53
Total Payouts: $16.74
Total Bet: $15
Profit: $1.74
I hit 10/15 but only made $1.74 (an 11.6% return on "investment"). Ouch. I guess this wouldn't be too bad if I thought hitting 10/15 was highly repeatable (I don't).
I am not sure this is a very lucrative strategy but it was a hell of a lot of fun.
Let's go Week 1!
Sats for all,
GR
(1.116)^{162} = 52,674,391