DURHAM, NC – December 23, 2010 – The Wall Street Journal turned its attention from the financial markets to the NFL sports betting marketplace and wrote an article entitled, “A Contrarian’s Guide to Football Betting.” In particular, The Wall Street Journal’s Jared Diamond interviewed SportsInsights President, Dan Fabrizio and analyzed years of NFL data to study a contrarian method that captures value.

The Wall Street Journal reports:

As an economic-development tool, gambling is far from a sure bet, analysts explain in a Wall Street Journal article, saying that 2008 has proven that the industry is not recession proof as once thought. The article about the push in many states to legalize or expand gambling says the rush to do either of those is short-sighted. Several state lotteries have reported significant drops in sales. If, like me, you wonder how this is possible, New Jersey won a 2018 Supreme Court ruling that allowed states to legalize sports betting. Bits easily cross borders to bet. The spigots have opened. Read more: Gambling Is the Only Game in Town - The Wall Street Journal.

• “Daniel Fabrizio, the president of the website SportsInsights.com, has found perhaps the easiest way to make money gambling on football games: Find out what everyone else is doing – and do the exact opposite. Call it the sports version of contrarian investing.”

• Further sports betting legalization and launches in additional states represents a major catalyst for a sector that has posted solid returns in 2020.The Next States To Launch: BofA Securities.
• The Wall Street Journal March 10 Sports gambling is colliding with technology that enables real-time tracking of biometric data, raising thorny legal questions.
• The Wall Street Journal Elon Musk Decries ‘M.B.A.-ization’ of America “I think there might be too many M.B.A.s running companies,” Tesla’s chief executive says.

The entire text of the article can be found here:
NFL Contrarian Betting Article – SportsInsights

The article uses SportsInsights’ proprietary betting percentages and NFL data going back to 2003. The methodology shows that a contrarian approach of “betting against the Public” on underdogs achieves a winning percentage of 56% and has earned profits in six of the past eight years – including this season. The notion of “contrarian sports investing” is gaining traction and SportsInsights is one of the leading authorities in this area.

Wall Street Journal Sports Gambling News

About SportsInsights.com
SportsInsights’ contrarian methods have proven to provide its Members with an edge over the years, across all major sports. The 2010-2011 Football Season has capped a successful year of contrarian sports investing, with profits in most sports during 2010.

Founded in 1999, SportsInsights.com monitors actual betting activity and money flows on sporting events at major sportsbooks. Unique content and analytics has propelled SportsInsights to the forefront of the sports information industry. SportsInsights is a leading authority in this area, publishing a series of books entitled, “Sports Investing.”

For media only: Additional statistics, high-resolution screen shots, and interviews available.
Contact: Daniel Fabrizio, President, SportsInsights, dan@sportsinsights.com, 877-838-2853