Tuesday, October 19, 2010

Betting Against the Team You Love

So I might be late to the game on this one, but this guy is a Pirates fan and was so disgusted by their talent pool, that he decided to bet $20 bucks against them in every one of the162 games that they played.  It turned out to be a pretty good run for him, of course - as he turned about a 10% return on investment  (definitely follow this link to the spreadsheet because it contains pretty hilarious game by game comments that any Mariner fan would relate to).

Considering the Buckos lost 105 games, you'd figure he would have done much better, but it turns out Vegas knew how bad they were too and the odds really worked against him getting big paydays.  Anytime your team is -180 versus the Diamondbacks, you know there's something horribly wrong.

1 comment:

Moira said...

I had heard about that story, but the spreadsheet is gold. There are some gems in there, I especially like the Major League quote. This guy's cynicism and despair are so tragically easy to relate to after enduring Our 2010 Seattle Mariners.