deliveryman3:think JD wrote about this before......we know some teams are public teams like NYY and Dallas Cowboys etc so value is diminished,,,,,,,,if u want to fade public then probably best to bet vs NYY every game.......just my amateur opinion
For example, the Yankees last season, won 89-73, with a .549 Win%.
Well, this means that if all their games had moneyline odds equal to 1/0,549, or 1,82, or -122 and if you had risked a $100 USD wager on each and every game with NYY ML -122, and if the regular season ended with an 89-73 W/L record, you would have finished with no gains or losses. But if you played every game that had odds at least 5% better and you managed at least to won 55% of those same games, then you would have a small profit, even if was with the overrated public Yankees. 
The problem is that this approach is too simply to be profitable and only works in theory, but it shows in a simple manner how Value really works.
This Introduction to
money management (Kelly Criteria) is technically incorrect.
You can find out why,
here.