Can Betting Against Your Prop Projection Be Right?

John Alesia
John Alesia

Any time you are putting money at risk, you should be doing so with an expected value that is positive. This is how professional gamblers bet. They look for an edge and try to exploit as many of these edges as possible over time. When betting props, often I will be on the opposite side the projections are saying we should be. But that is based on what the payoff is on each side.