Sportsbooks Bleed Millions in NFL Week 6: Is the Industry Leaning Too Heavily on Algorithms?

This past NFL week was one for the record books, but not in the way sportsbooks would have hoped. Favorites went 11-2-1 against the spread (ATS), and nearly every outcome seemed to favor the bettors, particularly in primetime games. As a result, sportsbooks experienced some of their worst financial losses since the U.S. sports betting … Continue reading Sportsbooks Bleed Millions in NFL Week 6: Is the Industry Leaning Too Heavily on Algorithms?