{"id":18345,"date":"2021-02-22T20:08:28","date_gmt":"2021-02-23T01:08:28","guid":{"rendered":"http:\/\/www.joeduffy.net\/blog\/?p=18345"},"modified":"2021-02-22T20:08:31","modified_gmt":"2021-02-23T01:08:31","slug":"barstools-stoolpresidente-fights-to-spread-gambling-myth","status":"publish","type":"post","link":"https:\/\/www.joeduffy.net\/blog\/2021\/02\/barstools-stoolpresidente-fights-to-spread-gambling-myth\/","title":{"rendered":"Barstool&#8217;s @stoolpresidente Fights to Spread Gambling Myth"},"content":{"rendered":"\n<figure class=\"wp-block-gallery columns-0 is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\"><ul class=\"blocks-gallery-grid\"><\/ul><\/figure>\n\n\n\n<p>Two gambling heavyweights,\u00a0<a href=\"https:\/\/www.barstoolsports.com\/\">Barstool Sports<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.westgateresorts.com\/hotels\/nevada\/las-vegas\/westgate-las-vegas-resort-casino\/\">Las Vegas Westgate Casino<\/a>\u00a0are having a set-to regarding proprietorship over the clich\u00e9, \u201cGood teams win, bad teams cover.\u201d\u00a0<a href=\"https:\/\/twitter.com\/stoolpresidente\">Barstool President Dave Portney<\/a>\u00a0business acumen is indisputable. Consequently, is he spewing this hackneyed canard because he believes it or is he cunning like a fox? Like Westgate, Portnoy owns his own sportsbook,\u00a0<a href=\"https:\/\/www.barstoolsportsbook.com\/\">Barstool<\/a>. Hence, there is plenty of incentive for perpetuating this farcical hoax.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"474\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Nothing makes me more confident when other gambling companies like <a href=\"https:\/\/twitter.com\/WestgateVegas?ref_src=twsrc%5Etfw\">@WestgateVegas<\/a> start sending us cease and desists for us tweeting \u201cgood teams win, great teams cover\u201d<br><br>By the way there is literally no chance they invented that. That\u2019s like saying you invented the question mark <a href=\"https:\/\/t.co\/uSyrbyQQyu\">pic.twitter.com\/uSyrbyQQyu<\/a><\/p>&mdash; Dave Portnoy (@stoolpresidente) <a href=\"https:\/\/twitter.com\/stoolpresidente\/status\/1362122580640100352?ref_src=twsrc%5Etfw\">February 17, 2021<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The fact-based truth is that great teams are overvalued. In the NBA teams with winning percentage of .880 or above are 600-652-26 ATS. However, when playing a horrific team, it\u2019s even worse. If their opponent has a winning percentage of less than .410, the great team covers at an abysmal .373 at 85-143-3. When the records are not deceptive and the \u201cgreat\u201d team is the favorite by at least 1.5, the elite squad covers at a .368 clip.&nbsp;<\/p>\n\n\n\n<p>Do great teams cover in NFL? If a team has a winning percentage of .900 or above and at least 11 wins, one could proclaim they\u2019ve gained admission to the great clique. Yet said teams are 25-59-1 for .298 winning percentage all-time.&nbsp;<\/p>\n\n\n\n<p>None of this is a revelation to pro gamblers. The gambling society yearns to wager on superior and hotter teams, hence betting on premium lineups comes with a premium price. Pay the piper for that fa\u00e7ade of security of betting on great squads to cover.&nbsp;<\/p>\n\n\n\n<p>I\u2019m no atty and I\u2019m preoccupied winning bets to play one on the computer. However, I handicap Portnoy\u2019s claim, \u201cBy the way there is literally no chance they invented that (phrase),\u201d to be irrelevant in a court of law.&nbsp;&nbsp;Barstool\u2019s head honcho compared it to \u201cSaying you invented the question mark.\u201d Or the term \u201cbarstool\u201d perhaps.<\/p>\n\n\n\n<p>My reasons for making Barstool the substantial underdog are anecdotal, but personal and related to the gambling sector.&nbsp;<\/p>\n\n\n\n<p>Our free scorephones were called \u201cSportsline.\u201d Many years later, Sportsline was trademarked by the founders of website now owned by CBS. After getting a cease-and-desist letter demanding we stop using the name, our corporate attorney advised us to not fight it.&nbsp;&nbsp;Apparently, \u201cLiterally no chance they invented that\u201d holds up in court as well as \u201cGreat teams cover\u201d holds up at sportsbooks.<\/p>\n\n\n\n<p>Anyone who believes the urban legend about a correlation between great groups of players and covering may not have invented the question mark. They just epitomize it.&nbsp;<\/p>\n\n\n\n<p><em>Grandmaster Sports Handicapper Joe Duffy has been making scientifically-based winning picks since 1988 on the scorephones. He is CEO of&nbsp;<a href=\"http:\/\/offshoreinsiders.com\/\">OffshoreInsiders.com<\/a><\/em><em>&nbsp;<\/em><em>&nbsp;<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Two gambling heavyweights,\u00a0Barstool Sports\u00a0and\u00a0Las Vegas Westgate Casino\u00a0are having a set-to regarding proprietorship over the clich\u00e9, \u201cGood teams win, bad teams cover.\u201d\u00a0Barstool President Dave Portney\u00a0business acumen is indisputable. Consequently, is he spewing this hackneyed canard because he believes it or is he cunning like a fox? Like Westgate, Portnoy owns his own sportsbook,\u00a0Barstool. Hence, there is &hellip; <a href=\"https:\/\/www.joeduffy.net\/blog\/2021\/02\/barstools-stoolpresidente-fights-to-spread-gambling-myth\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Barstool&#8217;s @stoolpresidente Fights to Spread Gambling Myth<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-18345","post","type-post","status-publish","format-gallery","hentry","category-uncategorized","post_format-post-format-gallery"],"_links":{"self":[{"href":"https:\/\/www.joeduffy.net\/blog\/wp-json\/wp\/v2\/posts\/18345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.joeduffy.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.joeduffy.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.joeduffy.net\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.joeduffy.net\/blog\/wp-json\/wp\/v2\/comments?post=18345"}],"version-history":[{"count":1,"href":"https:\/\/www.joeduffy.net\/blog\/wp-json\/wp\/v2\/posts\/18345\/revisions"}],"predecessor-version":[{"id":18346,"href":"https:\/\/www.joeduffy.net\/blog\/wp-json\/wp\/v2\/posts\/18345\/revisions\/18346"}],"wp:attachment":[{"href":"https:\/\/www.joeduffy.net\/blog\/wp-json\/wp\/v2\/media?parent=18345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.joeduffy.net\/blog\/wp-json\/wp\/v2\/categories?post=18345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.joeduffy.net\/blog\/wp-json\/wp\/v2\/tags?post=18345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}