Week 5
The portfolio keeps chugging along. Buoyed by great starts by the Packers, Saints, and Chargers the portfolio is up 17% since inception to date. Maybe that number is surprisingly low…. after all these three teams combined have only lost two games this season and only one game that they could have won (The Packers and Saints played each other for the other loss). But each of these teams have been greater than a 4 point favorite every week with the exception of the Chargers/Patriots game which the Chargers lost as an underdog. Picking the favorites to win every week does not make for a splashy resume, but for the time being, it is a successful resume.
Here are the results for the past weekend:
Packers +0.385
Saints +0.357
Chargers +0.526
Total for the weekend: 1.268
Overall here is where the portfolio stands:
Portfolio Return since inception: 2.37 which equates to 16.9% ROI.
Green Bay: 1.75
New Orleans: 0.52
San Diego: 0.09 (Positive territory!)
Dow Jones Return since portfolio inception 4.7%. Inception open: 11000. Today’s close was 11518.
The Dow has closed some ground on the portfolio by breaking back above 11,500 for the first time in a few weeks. Hopefully both the portfolio and the Dow continue to improve.
Another interesting week in the moneylines, I was able to get a bet down on Green Bay at -15 (-950). There has been a change in how the ‘Books are doing moneylines. Previously you could not invest in a game where the moneyline was much above 10. This year all of that has changed and they are putting out moneylines for much larger spreads. I wonder if that says something about the strength of the strong teams this year. For this week here are the possible returns:
Green Bay: 0.11 (-950 on -15 over the Rams)
New Orleans: 0.435 (-239 on -4.5 over the Buccaneers)
San Diego: Bye
Thanks for reading
