Action Network has developed a betting system with data tracing back to 2005 that fits a moneyline pick for four games on Wednesday night.
This pick has returned 12% on investment for the last 17 years. The specific parameters of this algorithm only apply to roughly 45 NBA games per year — including these four contests.
- Brooklyn Nets vs. Milwaukee Bucks (7:30 p.m. ET)
- Charlotte Hornets vs. New York Knicks (7:30 p.m. ET)
- Orlando Magic vs. Cleveland Cavaliers (7 p.m. ET)
- Houston Rockets vs. Utah Jazz (9 p.m. ET)
If you had bet $100 on each game that has fit the betting trend since 2005, you'd be up about $10,000. That's roughly $600 per year.
And this is across a substantial sample size: 800 or so games over the past 17 seasons.
We don't recommend using this betting algorithm as an alternative to investing — variance is a much sturdier constraint in sports gambling compared to the financial markets — but similar principles apply in regard to gains over a long time horizon.
For instance, this system has a 12% annual return on investment. The S&P 500 — the approximate value of the American stock market — has risen an average of 8% over that same timeframe.