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Re(1): Interesting Betting Trend for upcoming Superbowl......

The public is wrong MOST of the time, as most bettors know

I don't understand that.

I remember reading an article long ago in 'Gambling Times' magazine where horse analyst Mark Cramer characterized the betting consensus (aka 'the public') as 'The 8th Wonder of the World'.

Based on the fact that long-term, somehow the betting consensus worked out that overall, even money shots win more often than 2-1 shots, which win more often than 3-1, etc.

So, from that perspective, the public is USUALLY right, and winning requires finding a deeper perspective to detect when and where it goes wrong.

Otherwise, if you are correct, then you could win contrarian-style just by playing long-shots, since the odds show that 'the public' thinks they have little chance.



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