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GENIUSES OUTSMART THE SPREAD IN SPORTS BETTING REVOLUTION

"PicksPal is a free sports site where people "bet" on upcoming games. No money is involved. If they win, their point total goes up and they have bragging rights around the office. Since launching about a year ago over 100,000 people have joined the site, making daily picks on just about every kind of sporting event in the U.S. - boxing, NFL football, pro football, bass fishing, ultimate fighting, basketball, baseball, etc. The site makes money from advertising. Recently, however, the PicksPal team noticed that a very small percentage of users tend to be correct in their picks significantly more often that they should be statistically. When they grouped these special users they found them to be a powerful predictive force.... This last weekend, for example, they went 5-0 against the spread, picking Toledo -3 in college football, and Indianapolis - 13, Cincinnati - 10.5, Baltimore -9.5 and San Diego -11 in the NFL. Tom says not to expect Genius Picks to maintain that kind of record over the long run, but the results speak for themselves."

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Link | September 19, 2006 9:59 AM
Tags: Betting , Business , Entertainment , Gambling , Sports , Sports Betting

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