Over the weekend, I was talking to a non-gambling friend about sports betting. He asked me an interesting question. "Sports is so random, doesn't that screw up a lot of your bets?"
I thought for a bit and responded, "Yes, it does screw up a lot of bets. Turning some probable winning bets into losing bets but also vice versa. But also, good sports bettors can take advantage of randomness."
Over the next few blog posts, I will try to go into further detail on how good sports bettors can take advantage of randomness.