Jackson didn’t get a single carry.)Īfter “at least” 150 hours of preparatory number-crunching, Peabody’s $7,500 share represents about $50 an hour. (Peabody’s favorite: he bet more than $20,000 that Green Bay running back Brandon Jackson would rush for less than 10.5 yards. “Knowing my partners and me have a million dollars riding on it,” he says in a phone interview, “makes watching the Super Bowl a lot less fun.”Įspecially when this week’s million-dollar investment returned only 3 percent, deriving largely from exotic “proposition” wagers. Last year, Peabody and his three partners placed $1 million in bets and raked in some $200,000 profit. Last fall, with thesis adviser and School of Management professor Cade Massey, he produced a weekly NFL ranking that was published by the Wall Street Journal.īut nothing compares to the Super Bowl. He can grow up to be a vote-counting guru or Freakonomics-style author. Or-as in the case of Rufus Peabody ’08-a Las Vegas–based professional sports gambler.Īn econ major at Yale, Peabody wrote his senior thesis on inefficiencies in the baseball betting market. Your kid’s obsessed with sports statistics? No worries.
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