ICYMI: We improved to 18-3 in our last 21 FlashPicks in the -130 to +130 range…
#ICYMI: we’re now 18-3 (84.2%) on our L21 Best Bets for @flashpicks when the pick is in the -130 to +130 range 📝👀 https://t.co/IFyU7U18KU pic.twitter.com/qnRt2do3Mx
— $FML (@FastMoneyLabs) October 28, 2022
That’s nice click bait. Now here’s the honest truth: streaks like this happen but require luck, at least to a degree. Even the most skilled handicappers will never hit 80%+ of their bets at a consistent rate for an extended period of time. It’s simply not possible without some sort of inside information. Take infamous NBA referee Tim Donaghy for example. Dude was literally fixing games that he was working and still only hit 75% of his bets, according to the FBI.
Now consider this: Bets with odds in the +130 to -130 odds range are priced to hit between 43.5% and 56.5% of the time. We’re hitting 85% of them in the last 21 picks, and we’re doing it without inside information. That’s great, but honestly would not be possible without an element of luck, which ebbs and flows.
I elected to open this column with a sobering tone, because I do not want folks to see we’re hitting 85%+ and then decide to put their mortgage on my picks. Eventually this streak will crumble, so please bet responsibly.
Now before they mute my line, let’s get to the fun stuff. THE PICKS.