The Raymond Report Sports Betting Index (SBI) provides a snapshot of current trends in the baseball betting market for sides and totals, highlighting key insights for savvy bettors for Monday, August 5th, 2024.
Sides Market Overview
- 1-Day Trend: Favorites 53%, Underdogs 47% – Neutral
- 3-Day Trend: Favorites 57.7%, Underdogs 42.3% – Bullish
- 7-Day Trend: Favorites 59.6%, Underdogs 40.4% – Bullish
- Year-to-Date: Favorites 57.7%, Underdogs 42.4% – Bullish
Insight: Recent trends show a strong lean toward favorites, especially in shorter time frames, indicating a bullish market.
Totals Market Overview
- 1-Day Trend: Over 40%, Under 60% – Bearish
- 3-Day Trend: Over 60.7%, Under 39.3% – Bullish
- 7-Day Trend: Over 66.7%, Under 33.3% – Bullish
- Year-to-Date: Over 50.9%, Under 49.1% – Neutral
Insight: The totals market has seen a shift towards overs recently, but longer-term perspectives remain balanced.
ATS Market Overview
- 1-Day Trend: Favorites 33%, Underdogs 67% – Bearish
- 3-Day Trend: Favorites 40%, Underdogs 60% – Bearish
- 7-Day Trend: Favorites 44.9%, Underdogs 55.1% – Neutral
- Year-to-Date: Favorites 44.6%, Underdogs 55.4% – Neutral
Insight: Underdogs have consistently outperformed in covering spreads, presenting potential value in ATS betting.
Ron's Summary:
The baseball betting market currently favors favorites in SU betting while showing recent trends towards overs in totals. Underdogs continue to provide value in ATS markets. Bettors should focus on these trends to identify profitable opportunities.
