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SportsPicks
All your sports information for those investing Vegas-style in the outcomes of sports games. Predicting games against the line in all sports, especially football, American and English style.
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March 17, 2023
March Madness Report: Friday, March 17, 2023
Recap: Thursday's games started with a bang: Furman upset Virginia in a classic finish, while Maryland-West Virginia & Charleston-San Diego State went to the wire, as did much of Utah St-Missouri. Princeton then pulled another 15-seed shocker over tourney favorite Arizona before Penn State capped off the day's upsets in the late game. Favorites went 8-8 against the spread, the higher seed team won 12 out of 16 matchups, but 2 of those were Vegas underdog winners, as 6 Vegas dogs won outright.
Friday: Public favors the dogs today too, with only the following public favorites: Memphis, Kentucky, Creighton, and Gonzaga. Lopsided public totals include Unders in Vermont-Marquette, FAU-Memphis, Drake-Miami, Iona-Connecticut, Pitt-Iowa St., Providence-Kentucky, UCSB-Baylor, and ASU-TCU. Public likes the Over in VCU-St Marys & Pitt-Iowa St. Smart/Sharp $ bets show up on FAU, Indiana, St. Marys, Iowa St., Xavier, and TCU. Biggest Sharp/Square divide of the day is FAU-Memphis and VCU-St. Marys. Games where KenPom predicts a score 2 or more points different than Vegas includes favoring these on the odds: Grand Canyon, St. Mary's, ASU & Providence.
Enjoy the Madness!
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Betting Psychology and Risk Management
This post is partially motivated by the incoming surge in official picks we are going to have as well as the dismay here some have experienced with the downturn we've had over the past few weeks. Risk-based moneymaking is not an easy pursuit and the vast majority of people who try their hand at it fail. It is important that you arm yourselves with as may tools as possible so that you will be in the profitable minority. Most people find it difficult enough to look at their investment portfolios during a relatively mild downturn, and that's with professional hedge fund managers doing insulating them from the very real challenges of risking our money and making a profit from it. Anyone who is active here is choosing to take that risk into their own hands. There are big rewards for this but also very big risks. This post is about preventing you from being taken out by those risk.
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