Overreaction in Sports: Using this to grow your ROI
The word overreact (verb) means to react or respond more strongly than is necessary or appropriate. An overreaction (noun) in sports is an unjustified and over-the-top claim that will be stated as fact after just one game. This happens on a consistent basis as we are made to believe what we just saw previously will happen again the next game. Often times after a high profile game sports bettors will overreact either positively or negatively towards the teams involved, sometimes even to the point of overcompensation. This is one of the biggest sportsbetting traps that can be set in regards to the reaction of the general sports betting public to a previous game, particularly if it was a high profile game. Here's how to turn that short-term thinking to your long-term advantage. One of the most important is a large sample size. Large sample sizes allow you to more accurately observe advantages that you may hold over the sportsbooks, yet it never ceases to amaze how much sports bettors will place in the performance of a team over the past five games. With this comes an inflated line caused by overreaction to short term analysis. This is situations I look for to buy low and sell high in the sportsbetting market. Bettors will also very frequently use trends and statistics that do not apply to the sportsbetting world. Temporary abnormalities in game results are much more common. Full knowledge of this simple fact is imperative when we go over short term results that contradict the more dependable long term ones. The cure is to not be blinded by one game that you watched from start to finish. Long term data is a much better representation. [...]