If you were to bet $100 on one team, every game for the past decade, who do you think would have paid out the most? Since the Yankees had the decade’s best winning percentage, they’re an easy first choice. Yet they’re not even close. In fact, they’re one of the worst teams to bet on. You can thank the oddsmakers for that. If you’d bet $100 on every Yanks game this decade, you’d have lost $5,233. Mets bettors would have fared worse, losing $6,151.
Covers.com notes the best and worst bets of the decade in each sport, and the worst bet in the majors might come as a surprise. It actually has me wondering what is more cursed: the Cubs franchise or the Cubs bettors. Had you bet $100 on every game of theirs this decade, you would have lost $16,276. The winners, apparently, bet on the Angels. Anyone who bet $100 on each of their games would have won $10,888. The Marlins, Twins, A’s, Giants, Cardinals, and Rangers also finished in the positive.
All of this illustrates exactly why I don’t bet on baseball.