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Home Field Advantage in the MLB (Part 1)

By Proloy Bhattacharyya
NFLSystems.com
proloy@nflsystems.com
September 10, 2005

Financial Spread Trading Of all the major sports, baseball is known for not having a great home field advantage. During the regular season, astute bettors will prey upon bookies by betting on teams that are in situations where the home field advantage is extreme.

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Football Betting Spread Home teams win on average 53.6% of the time. This translates to a 7.2% advantage over road teams which is a smaller disparity compared to Basketball and Football.

Fixed display fields not being displayed in some cases when added after fields from parent group. Fixed display fields not being removed properly when removed from before fields from parent group. Disabled ability to move data into or out of Active Solutions group (copy still available). Fixed trading solutions not saving included Signal Analysis field analysis ranges correctly. Improved support for accessing Solution Service from behind firewalls.

Commodity Spread Trading Home teams in Football and Basketball feed off of their home town fans and are motivated. With baseball, it is most appropriate to try to find situations in which baseball teams will be more motivated.

A model of the optimal signal is a neural network model that predicts what action should be taken in the market. It does this by predicting what the current value of the optimal signal should be based on a selection of inputs. Trading Solution Trading solutions are bundles of one or more fields that include all of the information needed to recreate a signal or other field. This information includes any calculated inputs, optimal signals, predictions, training weights, or custom functions used to create the target field.

Nfl Betting Spread Consider the Red Sox are 51-15 + 29 units the past 3 seasons at home off a home loss. Over the same span and angle, the Rangers are 47-33 +17 units and the Braves are 52-20 +20 units. These are 3 such teams that have a strong home field advantage given this situation. Because baseball is such an unpopular sport with bettors and this angle does not apply to all teams, the oddsmakers have not had to adjust on a situation as this.

New help section highlights changes made for each new version. Added selection tree icons to differentiate local fields from group fields. Improved performance when data or fields are updated or changed. Trading solutions now default to include training weights. Retraining now optional when Custom Solution Wizard DLL path changed. Default to export raw data only when exporting data series.

Advanced Commodity Spread Those 3 teams alone combined for 150-68, +66 units. This means that to even it out, the spread would have to be adjusted 30 points. So instead of being -130, the team would have to be -160. Instead of being +145, they would have to be +115. This is considerable in the eyes of most bettors. The normal home field advantage is already taken into account in the spread but it is the handicapper's job to find profitable situations in which the home field advantage is higher and capitalize on it.

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