It’s all for fun, but the company started selling the top picks of its best users in October. For $10, you can get the collective picks of the top 30 users on five games. The idea was that people could use these for-fun picks to win bets in Vegas. The question was, would PicksPal be able to consistently beat Vegas odds, and the spread, with these picks.
So far, yes. By a lot. PicksPal’s overall record, against the spread, has been 562-338, or a 63% win rate. In college basketball, the win rate is 66%. In pro football, 62%. They are even getting a 52% win rate in pro hockey, their worst sport.
These look like incredibly strong results; it would be interesting to see how the results are in other areas where this idea is starting to be applied.
I think this is fascinating too. It just shows the experts are not who you think they are. They have a neat applet for March Madness too. Best I ever got right was two in the last 4.
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Yes, so-called experts should probably be quaking in their boots....
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