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Week 7 Picks
There will be a few new bet types over the next few weeks, including alternate spreads,round robins, and parlays. They will be introduced weekly as the model gains more confidence. The format will split into each bet type, using the same table as previous weeks for the straight bets. Round Robin (“All Pick” Round Robin…
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Bet Type Explained: Parlay/ Round Robin
A round robin essentially creates multiple smaller “parlays” together from a larger set of games selected. A parlay is simply a combination of 2 or more bets, in which the odds improve, but all selections need to win in order for the bet to win. Below is a quick explanation of parlays, as a precursor…
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Week 6 Results
The model had it’s worst week yet, but still came out positive! Note that the Chiefs vs Broncos game ended with a “push” and was categorized as “-1” in the “correct” row. This is because the Chiefs won by the exact amount the spread was, meaning if a bet were theoretically placed, it would be…
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Week 5 Results
The model had another fantastic week! To refer to the 2 different ROI calculations used, refer to this article. Week 5 Results: Record: 7-3 Units Won/(Lost): 5.39 Units Wagered: 10.9 ROIv1: 49.4% ROIv2: 10.8% Overall 2023 Record: Record: 14-8 Units Won/(Lost): 9.1 Units Wagered: 22.4 ROIv1: 40.6% ROIv2: 18.99% Note: For ROIv2, this takes into…