Someone please call Andy Iskoe and explain Run Line Betting

Someone please call Andy Iskoe and explain Run Line Betting For the last 20 years in Las Vegas Andy has written the same article, saying basically look to lay -1.5 runs on large favorites, instead of large vig, since the only time this comes into play is when the favorite wins by exactly 1, and this is a 'rare' occurance, 70% of games he says are won by more than 1. He then concludes "Enough Of The math".....without doing any of the math. He appears unaware the adjustment of mL to rline is done correctly by the books, and in fact, Vegas books actually STICK it to the squares often charging too much for the -1.5 side (of course they also often stick it to them charging too much for the ML) THE RIGHT WAY to do this study is 1a. Run a database assuming you lay -1.5 runs on every favorite a) Of -150 to -180 b) -180 to -220 c) -220 and higher 1b. Redo the analysis laying the vig and risking on average the same amount of money* I am certain the results will say a) You get your butt kicked either way b) You realy get your butt kicked laying -1.5 in situation a) because you donk away the low dime lime house vig, and get creamed with the 20 cent line of the run line. So the runline here is especially bad, in spots b and c it just is equally bad to the ML. *Note......-1.5 -110 may well lose less than -185 on some home favorites if you assume that you are betting to win 1 unit, simply because even though the house vig is higher on the runline, the amount wagered is much higher on the mL. Bottom line. I'm sure Andy is trying to be helpful and believe what he writes but this article has to go.
The runline NEVER makes sense on a high line. It does make more sense on a lower line where you put yourself in a Dog situation. Still rare there and I don't do that often.
[B]I never read Andy's article but if one were to perform the suggested analysis for each month of the season, one would be pleasantly surprised to see that the run line on big favorites hits greater in July and August than early season or September. I do not have the data to support this but someone ran the numbers once and the above has been the case for the last few seasons. I'll try to find these stats but if someone knows how to run these numbers by month for the last 2 or 3 years it would save time. Fez - can you post the link to the article? btw - so far today, the RL is 4-1 on favs over -150 RUDY[/B]
I would assume his article is geared to the average joe to keep him the game longer, although it is hard to believe that Andy would advocate such betting advice.

What makes the article so bad IMO is three key points 1. Baseball is called 'the most beatable sport' by many DUE TO THE DIME LINE. ADvocating runline throws the 10 cent line into the trash can. Surely HE COULD AT LEAST MENTION this! OR run the numbers comparing ML dimeline at -170 vs. runline where you have 2x the vig (actually more than 2x the house hold). 2. Where the ()%*(#%* is the 'try to find +1.5 to unders when you have _______ and ________correlations type bets'? How can he not bring this up after writing the same article for 20 years? 3. Mind boggling he doesn't understand that EVERY sharp bettor/bookmaker simply has a chart, when the Road team is -160 and the total is 7 for example, then the runline conversion is ______. Bottom line a) Getting 1.5 runs on a road team is worth upwards of 100 cents in very low totals. b) Getting 1.5 runs on a home team in a very high total is obviously worth a whole lot less, less than 60 cents in some cases. c) EVeryone knows this, and the market reflects the right pricing. ......now a clever article would be spotting a public favorite that you can forecast going higher, and laying the -1.5 at 'sharp' books early, and then scalping back fading the team +1.5 in town.........
Someone correct me if I'm wrong, but I believe either Computer Bob or Joe Flex has Andy Iskoe at an adjusted 51% lifetime vs. the spread. Baseball home teams of -150 to -220 have the HIGHEST occurrences of 1 run victories. I'm not gonna give up all my info for free (I did reprint a killer article on baseball run-line betting on my blogsite), but I will state that anyone who would recommend betting -150 to -220 home teams on the run line shouldn't be allowed to walk around in public without a helmut. Understanding run line bets in MLB is ALL about the math IMO. A quote from someone else:[B] [I]Team Run Line Moneyline Total Tampa Bay Devil Rays +1.5 -101 +202 OVER 10 -107 Boston Red Sox -1.5 -109 -220 UNDER 10 -103 An unsophisticated bettor might jump on Boston -1.5 (-109). His reasoning is simple, Boston is a good team and I’d rather lay -109 than -220 on the game. A more knowledgeable bettor would realize that Boston is a public team and that the public likes playing the favorite on the run line to ‘save juice’. Following the age old adage ‘fade the public’, he can blindly play these types of match-ups – the underdogs on the run line against public teams – and possibly grind out a small profit. Using the same type of research done for NFL point spreads, these professionals know what the spread is worth in MLB. First, they look at the market price to see what it ‘suggests’ that 1.5 runs is worth. A sharp player will convert the game moneyline and run line to a percentage chance of winning. [/B] [/I] I reprinted the article in full on my blog site. Thanks.
The numbers The database at SportDataBase.com has run-line back to 2007. Here's what I get when I try to answers the questions in Fezzik's original post. Since 2007… Any favorite is 4993-3602 SU for a net loss of 199.15 units on the moneyline and 3651-4829 on the run-line for a net loss of 77.59 units. The SDQL for this query is simply: F and season>=2007 Any favorite between 150 and 180 inclusive is 1304-825 SU for a net loss of 29.45 units on the moneyline and 956-1143 on the run-line for a net PROFIT of 26.37 units. SDQL: -181=2007 Any favorite between 180 and 220 inclusive is 614-344 SU for a net loss of 68.85 units on the moneyline and 445-496 on the run-line for a net loss of 36.85 units. SDQL: -221=2007 Any 220-plus favorite is 491-221 SU for a net loss of 34.65 units on the moneyline and 377-325 on the run-line for a net PROFIT of 13.25 units. SDQL: line=2007 Can these numbers be right??? Should they be broken down further into home and away??? Prof Meyer
I've read Andy's article in previous years regarding RL totals. I'm not into criticism so I'll just say that I am very careful when betting on the RL. I've made 15 of them so far this year, almost all at -1.5. This represents about 15% of my bases wagers. All of them were plus money. I am 7-8 on the year so I'm at plus money. My only thoughts about this are: 1) Choose carefully. 2) Don't ever make a RL wager at minus money. There are other factors such as the value of the wager to consider. Fezzik discussed earlier in this thread.
Professor, what book is your ML bets made at? Where does the dime line split? A great way to check your work is to rerun it, assuming same samples, but blindly betting DOGS! lET us know.
[QUOTE=Prof Meyer;24334]The database at SportDataBase.com has run-line back to 2007. Here's what I get when I try to answers the questions in Fezzik's original post. Since 2007… Any favorite is 4993-3602 SU for a net loss of 199.15 units on the moneyline and 3651-4829 on the run-line for a net loss of 77.59 units. The SDQL for this query is simply: F and season>=2007 Any favorite between 150 and 180 inclusive is 1304-825 SU for a net loss of 29.45 units on the moneyline and 956-1143 on the run-line for a net PROFIT of 26.37 units. SDQL: -181=2007 Any favorite between 180 and 220 inclusive is 614-344 SU for a net loss of 68.85 units on the moneyline and 445-496 on the run-line for a net loss of 36.85 units. SDQL: -221=2007 Any 220-plus favorite is 491-221 SU for a net loss of 34.65 units on the moneyline and 377-325 on the run-line for a net PROFIT of 13.25 units. SDQL: line=2007 Can these numbers be right??? Should they be broken down further into home and away??? Prof Meyer[/QUOTE] Perhaps this is the reason so many sharps lose at baseball. They are chasing each other to these supposedly awesome +1.5 dog runlines. It wouldn't surprise me if it was pretty much neutral to take the ML or RL overall. The non handicapper value bettors like Cutter are betting decent amounts on these dog runlines and never laying -1.5. Joe Six Pack might be laying -1.5 on the Yankees, but he isn't betting anything. Profitable or not, I'm sure the +1.5's were much better several years back... Just like betting season wins unders were better. The best way to do it of course is not to blanket bet the runline or moneyline, but see how the RL matches up with the ML and the total of the game, and perhaps bullpen dynamics, and then decide which way you want to bet. Interesting data if true, though I think we might be missing something. Fezz here's a link to one of his searches. They have a -162 +152 Moneyline split. And a +123 -137 Runline split [url]https://killersports.com/mlb.py/query?sid=guest&text=-181%3Cline%3C-149+and+season%3E%3D2007&submit=query[/url] I do agree with Fezz that if Iskoe is right here he almost certainly luck boxed his way into it, b/c that explanation doesn't cut it.