It's time to take a look at the 2017 MLB season from a wagering perspective. I'm a big fan of the season win total bets ever since I started making them in person in Las Vegas back in the late 1990s. It's a good exercise before the start of each season not only to make predictions on where you think the teams will finish, but also test those against the conventional wisdom expressed through money wagered in sportsbooks.
Over the last 16 years, I've come out ahead. My overall record is 43 for 75 (with one push) for 57.3 percent. My best bet each season is 15-12 (I had multiple biggest bets some years). I'm a little better on bets of $100 or more (I vary my bet size to emphasize how strongly I feel about the pick) where I'm 12-8. I'm most successful on a weighted or cash basis, where I've been correct 62.6 percent of the time ($2,850 in winning bets, $1,700 in losers - not factoring in the vig).
However, last year was my first truly awful year. I lost all three bets I made with a loss of $100. It was the first year I didn't pick a winner.
One of my bets was to take the under on the Cubs at 93.5 wins as I didn't think they'd improve for a second consecutive season. They had improved by 24 games in 2015. Still, I take some solace in that I saw the trend coming as