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01-28-2013, 06:22 PM
  #39
Mathletic
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Quote:
Originally Posted by PavelDatsyuk View Post
Flaw in model

It's interesting for sure but very flawed. It doesn't even model consensus I don't think.
I disagree. SBR presents what side people bet on for each game http://www.sbrforum.com/betting-odds/

You'll see that there's plenty of games in which the market bet 60% on a side. Oddsmakers are confident that they're better able to predict the outcome of the game than the market. Of course you don't want to stray to far either because you can lose a lot of money that way i.e. the 2012 Super Bowl.

Maybe I midunderstood the pevious question though :s

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