Today’s Best Bets: Saturday, June 4th

Editor’s Note: Since November 2018, Joe has been publishing picks here and back at All Things NIT, our former site. Overall, the results have been mixed, with an average return on investment, per pick, of -3.9% when weighting by confidence (1 for low, 2 for medium, 3 for high) across 2,903 published picks, not including pending futures, and an average return on investment, per pick, of 0.3% across 762 completed high and medium-confidence picks.

Use these picks at your own risk. Only you are responsible for any money you lose, and you should not bet more than you can afford to lose. If you have a gambling problem, get help.

Lines for these come from the Vegas consensus or the closest approximation available at the time picks are written, unless otherwise noted. For futures bets and motorsports bets, odds are taken from the better option between Bovada and BetOnline as our best approximation of the Vegas consensus, which isn’t currently/accurately available online. FanGraphs is heavily used in making MLB picks.

Gelo split but profited last night. More from it today. For futures context: The NHL portfolio started with 100 units, with 100 more units in reserve in case we need them to hedge.

Colorado @ Edmonton

There’s maybe a little bit of value on the Oilers, but if it’s there, it’s small. Gelo likes the under more.

Pick: Under 7 (-120). Low confidence.

Stanley Cup

More on the Rangers in futures today. There’s only value on them and the Oilers, and we aren’t in a position to fully hedge out of our Avalanche liability, so we’re going to hang back on that and hope the Oilers get us better Avalanche odds tomorrow. This is where we now stand:

Pick: New York Rangers to win +270. Low confidence.
Pick: New York Rangers to win +270. Low confidence.