Louisiana-Lafayette vs. Marshall Odds
Louisiana Odds | +10.5 |
Marshall Odds | -10.5 |
Over/Under | 46.5 |
Date | Wednesday, October 12 |
Time | 7:30 p.m. ET |
Channel | ESPN |
*Odds via FanDuel as of Wednesday morning.
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 since the Bush administration, going 298-200-6 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 about $8,050 — that's roughly $500 per year.
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 25% year-to-date. Meanwhile, Bitcoin, for instance, is down about 60% 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.