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I am new to sportsbetting. Why is it so good to bet against the public? Sorry if this is a dumb question.
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Those picks highlighted in green (at the end of the week, this was obviously a snapshot taken the day I posted it) are about 45% winners for the year, and that trend has been pretty solid at approx 45% for the last five years (which is the same as the length of time the site in question has been operating).
Obviously that doesn't mean every one of the so-called "consensus picks" are going to lose - obviously they're only going to lose at ~45% which means fading them
all has automatic value - but people that are betting only one game, it just gives you a ~5% confidence factor that the game you're picking is a winner if you're fading the public consensus there. Obviously not enough to make a decision on an individual game.
http://www.wagerline.com/3/consensus....asp?Sport=NFL