NBA Playoff Betting: Is the Zigzag Theory Valid or Poppycock?
About this time two years ago, I watched as on one of the fine betting sites there was a not-so-subtle back and forth of the validity of the so-called zigzag NBA playoff system.
The method simply says go with the team off of a loss. A critic came back after the first week or so gleaming over the fact the technique zagged and sagged more than it zigged. It lost money. Then as the playoffs went on, the proponent got the last laugh while the cynic wrote articles on other topics telling you he is smarter than everyone else.
Having been in the industry since the 1980s and having been a supporter of computer systems since prominent statistician Dr. Mike Orkin wrote his Pointspread Analyzer software, where does Center of the Handicapping Universe stand?
We agree with the theory, but less so the etched-in-stone considerations. First of all, let us give a quick refresher of the difference. A system can be measured objectively because the parameters are concrete. The zigzag is an example. Going with a double digit favorite off a single digit loss would be another hypothetical.