Virginia Tech vs. NC State NCAAF Prediction: The 60% Profitable Pick Since 2005 on Spread (Oct. 27)
Photo by Brian Bishop/Icon Sportswire via Getty Images. Pictured: Virginia Tech Hokies quarterback Grant Wells
Virginia Tech vs. North Carolina State Odds, Prediction
|Virginia Tech Odds||+13.5|
|NC State Odds||-13.5|
|Date||Thursday, October 27|
|Time||7:30 p.m. ET|
*Odds via FanDuel as of Thursday morning
The Action Network has developed a historically profitable betting system that reports a return on investment (ROI) of 16% since 2005.
The algorithm has been profitable 60% of the time for the past 17 years, going 300-200-7 over that timeframe.
The pick is always on the spread and only lights up under certain parameters. The algorithm also incorporates tracking data proprietary to Action Network.
Statistical significance is ensured by using a massive data set over a long time horizon.
If you had bet $100 on each game that has fit this particular betting algorithm, you'd be up over $8,200.
Compare the 16% ROI to the average annual return of the S&P 500, which has hovered at around 8% for over a century. That index is down about 20% year-to-date. Meanwhile, Bitcoin, for instance, is down about 57% during that same timeframe.
Still, despite similar principles regarding long time horizons and sample sizes, don't use this betting algorithm as an alternative to investing in the stock market. Sports betting inherently has more variance game-to-game.