Title

So Easy A Caveman Can Beat the Football Betting Market

Department

Economics, Finance, & Quantitative Analysis

Document Type

Article

Publication Date

10-1-2015

Abstract

An alleged relationship between winning football games and beating the point spread is investigated. Results from the 2003-2012 seasons of the National Football League connected the highest wins-to-bets ratio and the lowest ratio with the teams earning the highest winning percentage and the second-lowest percentage, respectively. Wagers on New England and against Oakland produced a significantly profitable W/B ratio of 61.4 percent. Beating the market by betting on perennial NFL winners and against perennial NFL losers seems so easy a caveman can do it. [ABSTRACT FROM AUTHOR]