Virginia vs. Georgia Tech College Football Odds, Prediction: Data Since 2005 Shows Spread Pick Has 12% ROI
Photo by Justin Casterline/Getty Images. Pictured: Brennan Armstrong (Virginia)
Virginia vs. Georgia Tech Odds
|Virginia Odds||+3.5 (-122)|
|Georgia Tech Odds||-3.5 (+100)|
|Over/Under||47.5 (o -108 / u-112)|
|Date||Thursday, October 20|
|Time||7:30 p.m. ET|
*Odds via FanDuel as of Thursday morning
The Action Network has developed a betting system with data tracing back to 2005 that fits a spread pick on tonight's game between Virginia and Georgia Tech.
This pick has a 12% return on investment since the Bush administration for a record of 287-211-9. The specific parameters of this algorithm only apply to roughly 25 games per year — including tonight's contest.
If you had bet $100 on each game that has fit the betting trend since 2005, you'd be up about $5,000. That's roughly $300 per year.
And this is across a substantial sample size: 500 or so games over the past 17 seasons.
The proprietary betting system incorporates public tracking data also proprietary to the Action Network. The philosophy behind the algorithm is simple: Fade retail bettors.
We don't recommend using this betting algorithm as an alternative to investing — variance is a much sturdier constraint in sports gambling compared to the financial markets — but similar principles apply in regard to gains over a long time horizon.
For instance, this system has a 12% annual return on investment. The S&P 500 — the approximate value of the American stock market — has risen an average of 8% over that same timeframe.