The Wall St. Journal Quotes SportsInsights on Contrarian Football Betting
Dan Fabrizio, the president of SportsInsights.com, has found perhaps the easiest way to make money gambling on football games: Find out what everyone else is doing - and do the exact opposite. Call it the sports version of contrarian investing.
Online, December 22, 2010 (Newswire.com) - The Wall Street Journal turned its attention from the financial markets to the NFL sports betting marketplace and wrote an article entitled, "A Contrarian's Guide to Football Betting ." In particular, The Wall Street Journal's Jared Diamond interviewed SportsInsights President, Dan Fabrizio and analyzed years of NFL data to study a contrarian method that captures value.
The Wall Street Journal reports:
* "Daniel Fabrizio, the president of the website SportsInsights.com, has found perhaps the easiest way to make money gambling on football games: Find out what everyone else is doing - and do the exact opposite. Call it the sports version of contrarian investing."
The entire text of the article can be found here:
NFL Contrarian Betting Article - SportsInsights
The article uses SportsInsights' proprietary public betting percentages and NFL data going back to 2003. The methodology shows that a contrarian approach of "betting against the Public" on underdogs achieves a winning percentage of 56% and has earned profits in six of the past eight years - including this season. The notion of " contrarian sports investing" is gaining traction and SportsInsights is one of the leading authorities in this area.