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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

$775.18
balance (started at $1000)
-224.82
-9.4% return on money staked
90/238
bets won / settled
7 bets still pending

Every bet this strategy madelatest 100

BetStakeOddsTo winModel edgeP&LStatus
San Francisco Giants win in San Francisco Giants v San Diego Padres · Match winner (2-way) @ 2.24
$10.002.24$12.36+3%—pending
Oakland Athletics win in Oakland Athletics v Seattle Mariners · Match winner (2-way) @ 2.29
$10.002.29$12.88+7%—pending
San Francisco Giants win in San Francisco Giants v San Diego Padres · Match winner (2-way) @ 2.24
$10.002.24$12.40+3%—pending
Miami Marlins win in Miami Marlins v Los Angeles Dodgers · Match winner (2-way) @ 2.89
$10.002.89$18.95+20%—pending
Pittsburgh Pirates win in Chicago Cubs v Pittsburgh Pirates · Match winner (2-way) @ 2.59
$10.002.59$15.88
-0%
-10.00
lost
Oakland Athletics win in Oakland Athletics v Seattle Mariners · Match winner (2-way) @ 2.40
$10.002.40$13.99+12%—pending
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
Baltimore Orioles win in Baltimore Orioles v Boston Red Sox · Match winner (2-way) @ 2.29
$10.002.29$12.88+12%-10.00lost
Atlanta Braves win in Philadelphia Phillies v Atlanta Braves · Match winner (2-way) @ 2.34
$10.002.34$13.42-3%-10.00lost
Arizona Diamondbacks win in Houston Astros v Arizona Diamondbacks · Match winner (2-way) @ 2.23
$10.002.23$12.30+3%-10.00lost
San Francisco Giants win in New York Mets v San Francisco Giants · Match winner (2-way) @ 2.46
$10.002.46$14.59+4%-10.00lost
San Francisco Giants win in Pittsburgh Pirates v San Francisco Giants · Match winner (2-way) @ 2.40
$10.002.40$14.00-2%-10.00lost
Baltimore Orioles win in Baltimore Orioles v Boston Red Sox · Match winner (2-way) @ 2.20
$10.002.20$12.00+7%-10.00lost
St. Louis Cardinals win in Los Angeles Dodgers v St. Louis Cardinals · Match winner (2-way) @ 3.40
$10.003.40$24.00+13%-10.00lost
Chicago White Sox win in Houston Astros v Chicago White Sox · Match winner (2-way) @ 2.24
$10.002.24$12.36-0%-10.00lost
Chicago White Sox win in Houston Astros v Chicago White Sox · Match winner (2-way) @ 2.21
$10.002.21$12.10-1%-10.00lost
Cleveland Guardians win in Cleveland Guardians v Toronto Blue Jays · Match winner (2-way) @ 2.21
$10.002.21$12.10+19%-10.00lost
Cincinnati Reds win in Cincinnati Reds v San Diego Padres · Match winner (2-way) @ 2.27
$10.002.27$12.70+1%+12.70won
Washington Nationals win in Washington Nationals v Atlanta Braves · Match winner (2-way) @ 2.36
$10.002.36$13.60+2%-10.00lost
Chicago Cubs win in Chicago Cubs v Milwaukee Brewers · Match winner (2-way) @ 2.34
$10.002.34$13.42+17%-10.00lost
St. Louis Cardinals win in Los Angeles Dodgers v St. Louis Cardinals · Match winner (2-way) @ 2.98
$10.002.98$19.83-1%+19.83won
Arizona Diamondbacks win in Arizona Diamondbacks v Philadelphia Phillies · Match winner (2-way) @ 2.23
$10.002.23$12.30+13%-10.00lost
San Francisco Giants win in Pittsburgh Pirates v San Francisco Giants · Match winner (2-way) @ 2.42
$10.002.42$14.20-1%-10.00lost
Cincinnati Reds win in Cincinnati Reds v San Diego Padres · Match winner (2-way) @ 2.20
$10.002.20$12.00+1%+12.00won
Toronto Blue Jays win in Cleveland Guardians v Toronto Blue Jays · Match winner (2-way) @ 2.46
$10.002.46$14.59+14%-10.00lost
Washington Nationals win in Washington Nationals v Atlanta Braves · Match winner (2-way) @ 2.46
$10.002.46$14.59+5%+14.59won
Cincinnati Reds win in Cincinnati Reds v San Diego Padres · Match winner (2-way) @ 2.27
$10.002.27$12.70+2%-10.00lost
New York Mets win in Tampa Bay Rays v New York Mets · Match winner (2-way) @ 2.54
$10.002.54$15.40-2%+15.40won
Oakland Athletics win in Texas Rangers v Oakland Athletics · Match winner (2-way) @ 2.89
$10.002.89$18.95+5%-10.00lost
Oakland Athletics win in Oakland Athletics v Baltimore Orioles · Match winner (2-way) @ 2.34
$10.002.34$13.42-3%-10.00lost
Kansas City Royals win in Cleveland Guardians v Kansas City Royals · Match winner (2-way) @ 2.46
$10.002.46$14.59-2%-10.00lost
Los Angeles Angels win in Los Angeles Angels v Philadelphia Phillies · Match winner (2-way) @ 2.59
$10.002.59$15.88-2%-10.00lost
San Diego Padres win in Tampa Bay Rays v San Diego Padres · Match winner (2-way) @ 2.46
$10.002.46$14.59+13%-10.00lost
Detroit Tigers win in Detroit Tigers v Los Angeles Dodgers · Match winner (2-way) @ 2.24
$10.002.24$12.36-1%-10.00lost
Houston Astros win in New York Mets v Houston Astros · Match winner (2-way) @ 2.23
$10.002.23$12.30+4%-10.00lost
Los Angeles Angels win in Los Angeles Angels v Philadelphia Phillies · Match winner (2-way) @ 2.89
$10.002.89$18.95+9%-10.00lost
Oakland Athletics win in Oakland Athletics v Baltimore Orioles · Match winner (2-way) @ 2.34
$10.002.34$13.42-3%-10.00lost
Detroit Tigers win in Detroit Tigers v Los Angeles Dodgers · Match winner (2-way) @ 2.40
$10.002.40$13.99+7%+13.99won
Washington Nationals win in Washington Nationals v Miami Marlins · Match winner (2-way) @ 2.35
$10.002.35$13.50+16%+13.50won
Seattle Mariners win in Toronto Blue Jays v Seattle Mariners · Match winner (2-way) @ 2.29
$10.002.29$12.88-2%-10.00lost
San Diego Padres win in Tampa Bay Rays v San Diego Padres · Match winner (2-way) @ 2.24
$10.002.24$12.36+3%-10.00lost
Boston Red Sox win in New York Yankees v Boston Red Sox · Match winner (2-way) @ 2.29
$10.002.29$12.88+6%-10.00lost
Detroit Tigers win in Detroit Tigers v Los Angeles Dodgers · Match winner (2-way) @ 2.52
$10.002.52$15.22+11%-10.00lost
Los Angeles Angels win in Los Angeles Angels v Cleveland Guardians · Match winner (2-way) @ 2.24
$10.002.24$12.36-0%-10.00lost
New York Mets win in New York Mets v Milwaukee Brewers · Match winner (2-way) @ 2.52
$10.002.52$15.22+8%-10.00lost
Oakland Athletics win in Oakland Athletics v Minnesota Twins · Match winner (2-way) @ 2.24
$10.002.24$12.36+4%+12.36won
New York Mets win in New York Mets v Milwaukee Brewers · Match winner (2-way) @ 2.29
$10.002.29$12.88-2%-10.00lost
Miami Marlins win in Miami Marlins v Boston Red Sox · Match winner (2-way) @ 2.52
$10.002.52$15.22+17%+15.22won
Los Angeles Angels win in Los Angeles Angels v Cleveland Guardians · Match winner (2-way) @ 2.27
$10.002.27$12.70+1%-10.00lost
Miami Marlins win in Miami Marlins v Boston Red Sox · Match winner (2-way) @ 2.35
$10.002.35$13.50+9%-10.00lost
Oakland Athletics win in Oakland Athletics v Minnesota Twins · Match winner (2-way) @ 2.29
$10.002.29$12.88+7%+12.88won
New York Mets win in New York Mets v Milwaukee Brewers · Match winner (2-way) @ 2.29
$10.002.29$12.88-2%+12.88won
Atlanta Braves win in Atlanta Braves v Los Angeles Dodgers · Match winner (2-way) @ 2.29
$10.002.29$12.88+11%+12.88won
San Francisco Giants win in San Francisco Giants v Cincinnati Reds · Match winner (2-way) @ 2.39
$10.002.39$13.90+28%+13.90won
Arizona Diamondbacks win in Arizona Diamondbacks v Chicago Cubs · Match winner (2-way) @ 2.29
$10.002.29$12.90+16%-10.00lost
Detroit Tigers win in Detroit Tigers v Tampa Bay Rays · Match winner (2-way) @ 2.28
$10.002.28$12.80+21%-10.00lost
Oakland Athletics win in Oakland Athletics v Minnesota Twins · Match winner (2-way) @ 2.24
$10.002.24$12.36+3%-10.00lost
Los Angeles Angels win in Los Angeles Angels v Cleveland Guardians · Match winner (2-way) @ 2.24
$10.002.24$12.36+1%-10.00lost
Washington Nationals win in Miami Marlins v Washington Nationals · Match winner (2-way) @ 2.40
$10.002.40$14.00-2%-10.00lost
Pittsburgh Pirates win in Los Angeles Dodgers v Pittsburgh Pirates · Match winner (2-way) @ 3.18
$10.003.18$21.78+7%-10.00lost
San Francisco Giants win in Boston Red Sox v San Francisco Giants · Match winner (2-way) @ 3.08
$10.003.08$20.77-1%-10.00lost
Colorado Rockies win in Colorado Rockies v Cleveland Guardians · Match winner (2-way) @ 2.40
$10.002.40$13.99-3%-10.00lost
St. Louis Cardinals win in Philadelphia Phillies v St. Louis Cardinals · Match winner (2-way) @ 2.81
$10.002.81$18.11+9%-10.00lost
Atlanta Braves win in Milwaukee Brewers v Atlanta Braves · Match winner (2-way) @ 2.45
$10.002.45$14.50-3%-10.00lost
Pittsburgh Pirates win in Los Angeles Dodgers v Pittsburgh Pirates · Match winner (2-way) @ 3.18
$10.003.18$21.78+7%-10.00lost
Oakland Athletics win in Houston Astros v Oakland Athletics · Match winner (2-way) @ 3.08
$10.003.08$20.77-1%+20.77won
Washington Nationals win in Miami Marlins v Washington Nationals · Match winner (2-way) @ 2.46
$10.002.46$14.59+2%-10.00lost
Colorado Rockies win in Colorado Rockies v Cleveland Guardians · Match winner (2-way) @ 2.38
$10.002.38$13.80-2%-10.00lost
New York Mets win in Chicago White Sox v New York Mets · Match winner (2-way) @ 2.34
$10.002.34$13.40-0%-10.00lost
Pittsburgh Pirates win in Los Angeles Dodgers v Pittsburgh Pirates · Match winner (2-way) @ 3.18
$10.003.18$21.78+7%-10.00lost
Toronto Blue Jays win in New York Yankees v Toronto Blue Jays · Match winner (2-way) @ 2.59
$10.002.59$15.88+3%-10.00lost
St. Louis Cardinals win in Philadelphia Phillies v St. Louis Cardinals · Match winner (2-way) @ 2.66
$10.002.66$16.59+4%-10.00lost
Washington Nationals win in Texas Rangers v Washington Nationals · Match winner (2-way) @ 2.50
$10.002.50$15.00+6%-10.00lost
San Francisco Giants win in Cleveland Guardians v San Francisco Giants · Match winner (2-way) @ 2.52
$10.002.52$15.22+5%-10.00lost
Toronto Blue Jays win in Tampa Bay Rays v Toronto Blue Jays · Match winner (2-way) @ 2.59
$10.002.59$15.88+7%+15.88won
Washington Nationals win in Texas Rangers v Washington Nationals · Match winner (2-way) @ 2.26
$10.002.26$12.60-2%+12.60won
St. Louis Cardinals win in Cincinnati Reds v St. Louis Cardinals · Match winner (2-way) @ 2.28
$10.002.28$12.80+13%-10.00lost

"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.