Sports Betting Blog

I wrote few days ago that I’ve read something about this old betting rule – “Bet on underdog at home”. Is it true? I do not know, but I know it is not true about NBA. I checked the results on this season and here is what I’ve found. Until now there were 307 matches where the underdog was at home. Only 105 of them has finished with home win.

I took the odds from betexplorer.com and also I considered the draws as unfinished result. So the win or lose is decided by overtime. When I use odds from betexplorer, it means that the odds are average odds from all houses which offer NBA matches. I think that of course someone can find better odds, but the final result in my research is enough to be considered as real, pure truth

Ok here are the results. If you have bet on every match 1% of your bank you would finish with 307 bets, 105 winning bets, 202 losing bets and ROI – 86.27% which is not good at all.

If you take a look team by team you will find that some of the teams has made more winners than others. Oklahoma has 9 wins, Chicago and Indiana both has 8 wins as underdogs at home. They are followed by Memphis, Charlotte and LA Clippers with 7 wins. New York has 6 wins etc.

So what would happen if one of us has chosen the team with most wins as underdog? The answer is nothing special. This punter would lose some money too. Oklahoma has won those 9 games from 28 as underdog and ROI is almost the same as above – 84.2%.

But, here comes the interesting part. If one of us has bet on every match for Chicago or Indiana as underdog at home, he or she would make some money. Chicago won those 8 games from 14 as underdog at home and brings ROI 145.1%.

Indiana has won those 8 games from 15 and brings ROI 132.8%.

So, this are the results for NBA. I will check some other leagues later and NHL of course. Best luck to everyone