Another easy win on Wedn with Houston winning 8-1. So after an 0-7 start to july we have turned around after the all star break going 7-0.
July gives you an idea of the concept of variance and just how extreme it can be. The odds of 7 coin flips coming up the same 7 times in a row are 127-1. So in just 28 day we have hit 2 127-1 shots. But wait….since I bet on dogs the winning 7 in a row is most probably greater then 200-1.
This should give you a good idea why when gambling even on positive expectation situations you have to respect variance and bet amounts that are proportionate to your betting bankroll.
Today only 2 home dogs and neither are even close to a pick.
Good Luck Today