Mike Francesa’s MLB Betting Theory: Is It Smart to Wager on Streaking Teams?
Jim O’Connor-USA TODAY Sports. Pictured: Radio talk show host Mike Francesa
- Mike Francesa has a MLB betting theory: Wager on teams that have won or lost three games in a row.
- Using Bet Labs, we test Francesa's baseball betting strategy to determine if it is profitable.
Mike Francesa has a baseball betting theory. The radio talk show host’s strategy is simple: Don’t bet any team, for or against, until it has a third win or a third loss in a row.
Once a team wins three in a row, you wager on it every game until it loses. Conversely, when a squad drops three in a row, you bet against it until it wins.
Finally, if a team on a winning streak of three or more games takes the field against an opponent on at least a three-game losing streak, you double your bet.
Francesa’s theory behind the strategy is that baseball teams are very streaky. Baseball streaks have a habit of being long. Often, teams will run off seven, eight and nine straight wins, then lose six or seven in a row.
Is Mike onto something? To test his theory, I used the Bet Labs database to see how betting teams on winning and losing streaks performs.