After the vig, a 65% hit rate doesn't mean much. Trust me! Also, unless you're betting large sums on each game you're take isn't that high.
Say you're betting $10 on 4 games a week. Hit around 65% and you'll win $396 after the books take their cut. Take the $10 for those 35% losses and you're only left with $156 bucks for what is basically a $680 bet ($10 x 4 bets x 17 weeks).
I never said I always hit 65%, but I have hit that twice and came very close a third time (63.2%) in the last 5 seasons.
Everybody knows about the books profiting on the vig. But you don't think those games where 60% of the public is on the loser (happens frequently) bring in a substantial chunk of change to the books? I love fading the public once the numbers hit that 60%. It's helped me a lot in my ML baseball wagers.
I'll be happy to do a pick 4 here if someone wants to organize it. Your constant cynicism is motivating.