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MLB dog variance

Baseball is the highest-variance major sport (rating->win only +0.12) yet the public loves favorites. Back MLB underdogs priced 2.2-3.5 when our Elo edge is at worst -3%.

The rule, in plain words

  • Probabilities come from: Elo rating (strength score updated after every match; converted to a win probability).
  • Backs underdogs priced between 2.2 and 3.5, as long as the model edge is no worse than -3%. The theory: the public overbets favorites, so longshot prices run generous.
  • Stakes: flat $10 per bet.

baseball · Match winner (2-way) · status: live · betting forward from 2026-07-03 · same $1000 start as every other strategy

$767.96
balance (started at $1000)
-232.04
-7.4% return on money staked
121/313
bets won / settled
2 bets still pending

Every bet this strategy madelatest 100

BetStakeOddsTo winModel edgeP&LStatus
leg 1: Chicago White Sox win in Houston Astros v Chicago White Sox · Match winner (2-way) @ 2.59 won
leg 2: Chicago White Sox win in TBD v Chicago White Sox · Match winner (2-way) @ 2.59 won
$10.002.59$15.88-48%+15.88won
Boston Red Sox win in New York Yankees v Boston Red Sox · Match winner (2-way) @ 2.40
$10.002.40$13.99+2%-10.00lost
leg 1: Chicago White Sox win in Houston Astros v Chicago White Sox · Match winner (2-way) @ 2.20 won
leg 2: Chicago White Sox win in TBD v Chicago White Sox · Match winner (2-way) @ 2.20 won
$10.002.20$12.00-56%+12.00won
leg 1: Philadelphia Phillies win in Atlanta Braves v Philadelphia Phillies · Match winner (2-way) @ 2.72 lost
leg 2: Diamondbacks/Phillies win in Atlanta Braves v Diamondbacks/Phillies · Match winner (2-way) @ 2.72 lost
$10.00
2.72
$17.20
-46%
-10.00
lost
Oakland Athletics win in Oakland Athletics v Houston Astros · Match winner (2-way) @ 2.29
$10.002.29$12.88-1%-10.00lost
San Diego Padres win in San Diego Padres v Arizona Diamondbacks · Match winner (2-way) @ 2.46
$10.002.46$14.59+46%+14.59won
Tampa Bay Rays win in Philadelphia Phillies v Tampa Bay Rays · Match winner (2-way) @ 2.32
$10.002.32$13.20+4%-10.00lost
Kansas City Royals win in Kansas City Royals v Cleveland Guardians · Match winner (2-way) @ 2.24
$10.002.24$12.36+6%+12.36won
San Francisco Giants win in San Francisco Giants v Los Angeles Dodgers · Match winner (2-way) @ 3.40
$10.003.40$24.00+26%-10.00lost
San Francisco Giants win in San Francisco Giants v Los Angeles Dodgers · Match winner (2-way) @ 2.81
$10.002.81$18.11+4%-10.00lost
Los Angeles Angels win in Seattle Mariners v Los Angeles Angels · Match winner (2-way) @ 2.67
$10.002.67$16.70-3%-10.00lost
Oakland Athletics win in Oakland Athletics v Houston Astros · Match winner (2-way) @ 2.29
$10.002.29$12.88-1%-10.00lost
Kansas City Royals win in Kansas City Royals v Cleveland Guardians · Match winner (2-way) @ 2.21
$10.002.21$12.10+5%-10.00lost
Oakland Athletics win in Oakland Athletics v Houston Astros · Match winner (2-way) @ 2.29
$10.002.29$12.88-2%+12.88won
Tampa Bay Rays win in Philadelphia Phillies v Tampa Bay Rays · Match winner (2-way) @ 2.24
$10.002.24$12.36-0%+12.36won
Washington Nationals win in Washington Nationals v New York Mets · Match winner (2-way) @ 2.24
$10.002.24$12.36+12%+12.36won
San Diego Padres win in Los Angeles Dodgers v San Diego Padres · Match winner (2-way) @ 2.55
$10.002.55$15.50-0%+15.50won
Miami Marlins win in Chicago Cubs v Miami Marlins · Match winner (2-way) @ 2.80
$10.002.80$18.00+3%-10.00lost
Tampa Bay Rays win in New York Yankees v Tampa Bay Rays · Match winner (2-way) @ 2.32
$10.002.32$13.20+1%-10.00lost
St. Louis Cardinals win in Pittsburgh Pirates v St. Louis Cardinals · Match winner (2-way) @ 2.40
$10.002.40$14.00-3%-10.00lost
Oakland Athletics win in Oakland Athletics v Houston Astros · Match winner (2-way) @ 2.34
$10.002.34$13.42+0%-10.00lost
Los Angeles Angels win in Seattle Mariners v Los Angeles Angels · Match winner (2-way) @ 2.66
$10.002.66$16.59+0%+16.59won
San Francisco Giants win in San Francisco Giants v Minnesota Twins · Match winner (2-way) @ 2.24
$10.002.24$12.36+27%-10.00lost
Washington Nationals win in Detroit Tigers v Washington Nationals · Match winner (2-way) @ 2.60
$10.002.60$16.00+1%+16.00won
Tampa Bay Rays win in New York Yankees v Tampa Bay Rays · Match winner (2-way) @ 2.36
$10.002.36$13.60+0%-10.00lost
Philadelphia Phillies win in Philadelphia Phillies v Milwaukee Brewers · Match winner (2-way) @ 2.27
$10.002.27$12.70+11%-10.00lost
Cincinnati Reds win in Atlanta Braves v Cincinnati Reds · Match winner (2-way) @ 3.19
$10.003.19$21.90+2%-10.00lost
San Diego Padres win in Los Angeles Dodgers v San Diego Padres · Match winner (2-way) @ 2.52
$10.002.52$15.22-2%+15.22won
St. Louis Cardinals win in Pittsburgh Pirates v St. Louis Cardinals · Match winner (2-way) @ 2.46
$10.002.46$14.59+1%-10.00lost
Houston Astros win in Seattle Mariners v Houston Astros · Match winner (2-way) @ 2.29
$10.002.29$12.88+9%+12.88won
New York Mets win in Texas Rangers v New York Mets · Match winner (2-way) @ 2.27
$10.002.27$12.70+2%+12.70won
Milwaukee Brewers win in Philadelphia Phillies v Milwaukee Brewers · Match winner (2-way) @ 2.20
$10.002.20$12.00+13%-10.00lost
Colorado Rockies win in Colorado Rockies v Arizona Diamondbacks · Match winner (2-way) @ 2.66
$10.002.66$16.59-3%-10.00lost
Miami Marlins win in Chicago Cubs v Miami Marlins · Match winner (2-way) @ 2.73
$10.002.73$17.33-1%+17.33won
San Francisco Giants win in Los Angeles Dodgers v San Francisco Giants · Match winner (2-way) @ 3.40
$10.003.40$24.00-2%-10.00lost
Toronto Blue Jays win in Texas Rangers v Toronto Blue Jays · Match winner (2-way) @ 2.34
$10.002.34$13.42+12%+13.42won
Atlanta Braves win in Houston Astros v Atlanta Braves · Match winner (2-way) @ 2.21
$10.002.21$12.10+14%+12.10won
Cincinnati Reds win in Cincinnati Reds v Chicago Cubs · Match winner (2-way) @ 2.46
$10.002.46$14.59+5%-10.00lost
Boston Red Sox win in Tampa Bay Rays v Boston Red Sox · Match winner (2-way) @ 2.31
$10.002.31$13.10+5%-10.00lost
Boston Red Sox win in Tampa Bay Rays v Boston Red Sox · Match winner (2-way) @ 2.29
$10.002.29$12.88+2%-10.00lost
Baltimore Orioles win in Baltimore Orioles v Milwaukee Brewers · Match winner (2-way) @ 2.52
$10.002.52$15.22+8%-10.00lost
New York Mets win in New York Mets v Philadelphia Phillies · Match winner (2-way) @ 2.29
$10.002.29$12.88+4%-10.00lost
Arizona Diamondbacks win in Arizona Diamondbacks v New York Yankees · Match winner (2-way) @ 2.24
$10.002.24$12.36+5%+12.36won
Baltimore Orioles win in Baltimore Orioles v Milwaukee Brewers · Match winner (2-way) @ 2.34
$10.002.34$13.42-3%-10.00lost
Colorado Rockies win in Colorado Rockies v Seattle Mariners · Match winner (2-way) @ 2.40
$10.002.40$13.99-1%-10.00lost
Texas Rangers win in Texas Rangers v Toronto Blue Jays · Match winner (2-way) @ 2.27
$10.002.27$12.70+18%+12.70won
Miami Marlins win in San Diego Padres v Miami Marlins · Match winner (2-way) @ 2.73
$10.002.73$17.33+4%-10.00lost
Baltimore Orioles win in Baltimore Orioles v Milwaukee Brewers · Match winner (2-way) @ 2.34
$10.002.34$13.42-2%-10.00lost
Kansas City Royals win in Pittsburgh Pirates v Kansas City Royals · Match winner (2-way) @ 2.46
$10.002.46$14.59-1%-10.00lost
Texas Rangers win in Texas Rangers v Boston Red Sox · Match winner (2-way) @ 2.20
$10.002.20$12.00+2%-10.00lost
Philadelphia Phillies win in New York Mets v Philadelphia Phillies · Match winner (2-way) @ 2.20
$10.002.20$12.00+16%+12.00won
Atlanta Braves win in Chicago Cubs v Atlanta Braves · Match winner (2-way) @ 2.29
$10.002.29$12.88-1%-10.00lost
San Francisco Giants win in St. Louis Cardinals v San Francisco Giants · Match winner (2-way) @ 2.44
$10.002.44$14.40-2%+14.40won
Washington Nationals win in Washington Nationals v Philadelphia Phillies · Match winner (2-way) @ 2.65
$10.002.65$16.50+8%-10.00lost
Chicago White Sox win in Cleveland Guardians v Chicago White Sox · Match winner (2-way) @ 2.54
$10.002.54$15.40+12%-10.00lost
Baltimore Orioles win in New York Mets v Baltimore Orioles · Match winner (2-way) @ 2.27
$10.002.27$12.70-0%+12.70won
Cincinnati Reds win in Cincinnati Reds v Los Angeles Dodgers · Match winner (2-way) @ 2.59
$10.002.59$15.88-1%+15.88won
San Francisco Giants win in St. Louis Cardinals v San Francisco Giants · Match winner (2-way) @ 2.47
$10.002.47$14.70+0%+14.70won
Minnesota Twins win in Minnesota Twins v New York Yankees · Match winner (2-way) @ 2.55
$10.002.55$15.50+1%-10.00lost
Kansas City Royals win in Houston Astros v Kansas City Royals · Match winner (2-way) @ 2.49
$10.002.49$14.90+0%-10.00lost
Atlanta Braves win in Chicago Cubs v Atlanta Braves · Match winner (2-way) @ 2.24
$10.002.24$12.40-1%+12.40won
Los Angeles Angels win in Los Angeles Angels v Seattle Mariners · Match winner (2-way) @ 2.34
$10.002.34$13.42+9%+13.42won
Washington Nationals win in Washington Nationals v Philadelphia Phillies · Match winner (2-way) @ 2.59
$10.002.59$15.88+7%+15.88won
Pittsburgh Pirates win in Pittsburgh Pirates v Milwaukee Brewers · Match winner (2-way) @ 2.40
$10.002.40$13.99+1%-10.00lost
Cincinnati Reds win in Cincinnati Reds v Los Angeles Dodgers · Match winner (2-way) @ 2.66
$10.002.66$16.59-1%-10.00lost
Cincinnati Reds win in Cincinnati Reds v Los Angeles Dodgers · Match winner (2-way) @ 2.73
$10.002.73$17.33+2%-10.00lost
Chicago White Sox win in Cleveland Guardians v Chicago White Sox · Match winner (2-way) @ 2.24
$10.002.24$12.36-3%+12.36won
Baltimore Orioles win in Toronto Blue Jays v Baltimore Orioles · Match winner (2-way) @ 2.39
$10.002.39$13.90+2%-10.00lost
Miami Marlins win in Miami Marlins v Los Angeles Dodgers · Match winner (2-way) @ 2.40
$10.002.40$13.99-2%+13.99won
Oakland Athletics win in Oakland Athletics v Seattle Mariners · Match winner (2-way) @ 2.29
$10.002.29$12.88+7%+12.88won
San Francisco Giants win in San Francisco Giants v San Diego Padres · Match winner (2-way) @ 2.24
$10.002.24$12.36+3%-10.00lost
Oakland Athletics win in Oakland Athletics v Seattle Mariners · Match winner (2-way) @ 2.29
$10.002.29$12.88+7%-10.00lost
San Francisco Giants win in San Francisco Giants v San Diego Padres · Match winner (2-way) @ 2.24
$10.002.24$12.40+3%-10.00lost
Miami Marlins win in Miami Marlins v Los Angeles Dodgers · Match winner (2-way) @ 2.89
$10.002.89$18.95+20%+18.95won
Pittsburgh Pirates win in Chicago Cubs v Pittsburgh Pirates · Match winner (2-way) @ 2.59
$10.002.59$15.88-0%-10.00lost
Oakland Athletics win in Oakland Athletics v Seattle Mariners · Match winner (2-way) @ 2.40
$10.002.40$13.99+12%+13.99won
Houston Astros win in Tampa Bay Rays v Houston Astros · Match winner (2-way) @ 2.46
$10.002.46$14.59+2%-10.00lost
Philadelphia Phillies win in Atlanta Braves v Philadelphia Phillies · Match winner (2-way) @ 2.24
$10.002.24$12.36+6%-10.00lost
Miami Marlins win in Miami Marlins v Los Angeles Dodgers · Match winner (2-way) @ 3.08
$10.003.08$20.77+29%-10.00lost
Houston Astros win in Philadelphia Phillies v Houston Astros · Match winner (2-way) @ 2.66
$10.002.66$16.59-0%+16.59won
Texas Rangers win in Seattle Mariners v Texas Rangers · Match winner (2-way) @ 2.24
$10.002.24$12.36+1%-10.00lost
Pittsburgh Pirates win in Chicago White Sox v Pittsburgh Pirates · Match winner (2-way) @ 2.29
$10.002.29$12.88+0%+12.88won
Cincinnati Reds win in Los Angeles Dodgers v Cincinnati Reds · Match winner (2-way) @ 3.18
$10.003.18$21.78-1%-10.00lost
Oakland Athletics win in Oakland Athletics v Toronto Blue Jays · Match winner (2-way) @ 2.46
$10.002.46$14.59-2%+14.59won
Pittsburgh Pirates win in Chicago White Sox v Pittsburgh Pirates · Match winner (2-way) @ 2.29
$10.002.29$12.90+0%+12.90won
Oakland Athletics win in Oakland Athletics v Toronto Blue Jays · Match winner (2-way) @ 2.52
$10.002.52$15.22+0%-10.00lost
Chicago Cubs win in Milwaukee Brewers v Chicago Cubs · Match winner (2-way) @ 2.46
$10.002.46$14.59+1%-10.00lost
Washington Nationals win in San Diego Padres v Washington Nationals · Match winner (2-way) @ 2.73
$10.002.73$17.30-2%-10.00lost
Oakland Athletics win in Oakland Athletics v Toronto Blue Jays · Match winner (2-way) @ 2.59
$10.002.59$15.88+2%+15.88won
Atlanta Braves win in Philadelphia Phillies v Atlanta Braves · Match winner (2-way) @ 2.29
$10.002.29$12.88-0%-10.00lost
Miami Marlins win in Miami Marlins v Chicago Cubs · Match winner (2-way) @ 2.27
$10.002.27$12.70+4%+12.70won
Baltimore Orioles win in Baltimore Orioles v Boston Red Sox · Match winner (2-way) @ 2.20
$10.002.20$12.00+5%-10.00lost
Detroit Tigers win in Cleveland Guardians v Detroit Tigers · Match winner (2-way) @ 2.29
$10.002.29$12.88-1%-10.00lost
Oakland Athletics win in Seattle Mariners v Oakland Athletics · Match winner (2-way) @ 3.18
$10.003.18$21.80+8%+21.80won
Detroit Tigers win in Cleveland Guardians v Detroit Tigers · Match winner (2-way) @ 2.36
$10.002.36$13.60+2%+13.60won
Miami Marlins win in Miami Marlins v Chicago Cubs · Match winner (2-way) @ 2.24
$10.002.24$12.36+7%-10.00lost
Washington Nationals win in Los Angeles Dodgers v Washington Nationals · Match winner (2-way) @ 3.40
$10.003.40$24.00+3%-10.00lost
Miami Marlins win in Miami Marlins v Chicago Cubs · Match winner (2-way) @ 2.24
$10.002.24$12.36+7%-10.00lost
Washington Nationals win in Los Angeles Dodgers v Washington Nationals · Match winner (2-way) @ 3.40
$10.003.40$24.00+3%-10.00lost
San Francisco Giants win in New York Mets v San Francisco Giants · Match winner (2-way) @ 2.40
$10.002.40$13.99+2%+13.99won

"Model edge" = model probability × odds − 1 at the moment of betting: the profit the model expected per $1. Positive edge can still lose (single bets usually do) — the question is whether edges are positive on average AND the model's probabilities are honest.