What Happens If You Only Bet Underdogs All Season?
The "bet every underdog" strategy is one of sports betting's most enduring romantic fantasies. The idea that backing the little guy, consistently and systematically, will produce profits because the market overvalues favorites and the house always shortchanges the underdog. The data, collected across decades of college football and NFL seasons, produces a nuanced answer that is simultaneously less exciting than the fantasy and more useful than a simple yes or no.