Seahawks Insider

You should’ve bet on the Hawks

Post by News Tribune Staff on Dec. 28, 2006 at 6:32 pm with No Comments »
December 28, 2006 6:32 pm

Steven Levitt of Freakonomics fame has published a blog entry showing that people can make lots of money betting on home underdogs in the NFL. This is because bettors disproportionately favor road favorites, leading the house to adjust its odds accordingly. Levitt previous wrote an academic paper on the subject. Home underdogs are 47-30 against the spread this season, he writes. Levitt said he entered a handicapping contest this season and he currently ranks tied for seventh out of 800 entrants by picking home underdogs. The Seahawks were 4.5-point home underdogs last week. They lost, 20-17.

Offbeat Stuff
Leave a comment Comments
We welcome comments. Please keep them civil, short and to the point. ALL CAPS, spam, obscene, profane, abusive and off topic comments will be deleted. Repeat offenders will be blocked. Thanks for taking part and abiding by these simple rules.

JavaScript is required to post comments.

Follow the comments on this post with RSS 2.0