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03/09/2010 - (Sportsbook Betting Lines) - The chances of the Houston Rockets making the playoffs are fading like a flattop. Tonight they'll have to get past the Washington Wizards at the Verizon Center and hope for some help around the league.
Houston is 4 1/2 games out of the eighth and final playoff berth in the West and will close out a three-game road trip Tuesday night. It has alternated wins and losses over the past seven games and suffered a 110-107 overtime loss in Detroit the last time out on Sunday. Rockets newcomer Kevin Martin led the squad with 27 points, but missed a potential game-tying three-pointer at the end of overtime. Aaron Brooks added 25 points and seven assists in defeat.
"We came here and gave it a good fight," said Brooks, who has averaged 23.0 points and 6.8 assists over his last 10 games. "We knew it was going to be a tough one. We were in control of the game the whole game, then we kind of let it slip away from us."
Luis Scola had 20 points and 15 boards for Houston, which fell to 14-17 as the visitor this season. Scola has recorded three straight double-doubles. Jordan Hill had a breakout game for the Rockets, setting career bests with 12 points and eight rebounds off the bench.
The Wizards hope to get over a tough loss in Boston on Sunday, as they open a short homestand Tuesday versus Houston and Atlanta. Washington has lost three in a row overall, three straight at home and owns a 12-19 mark as the host.
Al Thornton led the Wizards with 24 points and 11 rebounds, but missed a potential game-tying three-pointer at the buzzer. Andray Blatche posted 23 points and nine boards in defeat, and is averaging 24.0 points and 10.6 rebounds in 10 games since the All-Star break.
"Well we choked," Wizards coach Flip Saunders said. "Six minutes to go we're up thirteen. We got young guys, they don't know what it's like to be in [that] situation."
Losers of five of six games overall, the Wizards will try to reverse their fortunes against the Rockets. Houston has won seven of eight and 15 of the past 20 meetings with Washington, which is winless in the last four matchups as the host in this interconference series.
The Wizards and Rockets will meet again on March 30th in Houston. Thornton is averaging 16.0 points and 4.0 rebounds in two games played (w/Clippers) versus the Rockets in 2009-10.
<< Blazers' Przybilla undergoes surgery
Portland, OR (Sportsbook Betting Lines) - Portland Trail Blazers center Joel Przybilla
underwent surgery late Monday to repair a ruptured right patella tendon.
It was the second such procedure for Przybilla, who first suffered the injury
on Decemb
<< 2010 Big 12 Conference Tournament Preview
Philadelphia, PA (Sportsbook Betting Lines) - Another year and another championship for
Kansas, which captured its sixth straight Big 12 regular-season crown with a
15-1 finish. The No.1 ranked Jayhawks are the top-seed for the sixth time in
the 14-year
<< Orioles renew contracts of Jones, Wieters
Sarasota, FL (Sportsbook Betting Lines) - The Baltimore Orioles have renewed the
contracts of young stars Adam Jones, Matt Wieters, Brad Bergesen and Nolan
Reimold, while also agreeing to 2010 contracts with 22 other players.
Jones is en
<< 2010 Atlantic Coast Conference Tournament Preview
Philadelphia, PA (Sportsbook Betting Lines) - The 57th-annual Atlantic Coast Conference
Tournament is on tap this week from the Greensboro Coliseum and will run from
opening round action on Thursday, March 11th through the championship game on
Sunday, Ma
Sixers, Pacers clash in Indy >>
(Sportsbook Betting Lines) - The Philadelphia 76ers finally got off the schneid with a
big win at Toronto this weekend, and hope that carries over into Tuesday's
road bout against the Indiana Pacers at Conseco Fieldhouse.
Philadelphia was able to snap
Surging Bucks host Allen, Celtics >>
(Sportsbook Betting Lines) - Sweet-stroking veteran Ray Allen has already recorded his
20,000th career point and will add to that mark tonight, when the Boston
Celtics hit the road to Milwaukee for a showdown with the Bucks.
On Sunday, Allen hit a go-
North Texas takes on Troy in Sun Belt title tilt >>
Hot Springs, AR (Sportsbook Betting Lines) - The top-seeded Troy Trojans and the second-
seeded North Texas Mean Green have advanced to the championship game of the
2010 Sun Belt Conference Tournament, and they will compete for an automatic
bid to the "B
Bulldogs battle Raiders for Horizon League crown >>
Indianapolis, IN (Sportsbook Betting Lines) - For the fifth straight season the 12th-
ranked Butler Bulldogs will take part in the Horizon League Tournament
Championship Game when they host the Wright State Raiders this evening at the
Hinkle Fieldhouse.
There is little doubt that the NFL is where the sportsbooks see the most action and also make the most loot. The NFL possesses betting friendly attributes that are unlike any of the other major sports. First off, there are relatively few teams to keep track of in comparison to college football betting or college basketball. And second, these teams play only once a week which makes staying on top of the results much easier than it is in the daily leagues such as the NBA, NHL, and MLB.
These dynamics, along with the sheer excitement of watching and wagering on football, brings more square action to the table than any of the other sports. Almost every Tom, Dick and Harry in America is an NFL expert in their own mind and that is precisely what the oddsmakers prey upon.
Understanding who bets the games is just as important as understanding which teams are playing the games. The market at times will dictate price, which in the betting world means the oddsmakers cater to the public rather than reality.
Knowing the market inside and out is the basis of our NFL handicapping model. That is, our approach to NFL handicapping is of the contrarian or value seeking variety. We will at times place a higher premium on public sentiment than on the fundamentals. This strategy dictates playing dogs and/or lesser competent teams, or teams the public wants nothing to do with. Or better yet, fading the teams the oddsmakers want you to bet on.
Along these same lines, we carry a similar notion that the first week of the NFL season presents one of the ripest opportunities for the astute gambler. This conflicts with conventional wisdom and/or handicapping lore, as most would say it is better to watch a few games and assess each team before jumping in with both feet. That’s all fine and dandy, but there are some interesting trends to exploit in Week 1 and we’d be remiss to ignore them. Let us quickly explain.
Gone are the days of dynasties, where the same core players stay intact and dominate the league year after year. Free agency and player movements can completely transform teams from one season to the next. In today’s parity-driven NFL, poor teams typically don’t stay poor for all that long and excellent teams must constantly reinvent themselves to stay on top.
The temptation might be to assume prior year results are the best indicator of who is going to cover in Week 1. To Joe Public, playoff teams from the prior season, home teams, favorites, and so one, look even more enticing than usual since there is no current season performance to judge them against. But the question begs: are the oddsmakers setting a trap?
To find the answer, we culled five years worth of Week 1 NFL data. As always, all of our analysis is done from an ATS perspective. The purpose here is to share the most important angles we unearthed and try to explain the logic behind them. So strap on your helmet, throw on your shoulder pads, and follow our lead as we expose some rare holes in the oddsmakers’ line of defense.
Home vs. Away Teams
Over the past five seasons, NFL home teams in Week 1 are just 31-42-7 ATS (42 percent). This of course implies that roadies are a 58 percent winning proposition during this time. The public at large has a tendency to overvalue home teams and this is especially true in Week 1 when there is no current season data to make predictions from. Consequently, the oddsmakers almost surely shade the home teams, by and large making road teams the choice for the value player.
Conclusion: Look long and hard at road teams first when handicapping the opening week.
Price ranges
Favorites are just 31-42-7 ATS (42 percent) in the opening week over the past five NFL seasons (Coincidentally, home teams hold the same ATS record as noted above). This means that underdogs bark at a 58 percent clip. Mid-range favorites performed the worst among our specified price ranges. In particular, favorites priced between –3 1/2 and –6 1/2 are only 8-15 ATS (35 percent) during this time.
The same basic pattern holds true when looking at home favorites (road favorites gravitate towards a 50 percent mean). Home favorites indeed are just 21-32-3 ATS (40 percent) in the first week of NFL action since 1999. Again, mid-range favorites are similarly the poorest performers when we look at home teams. Consider that home teams priced between –3 1/2 and –6 1/2 have stumbled to a 6-13 ATS (32 percent) mark in Week 1 games the past five seasons.
Conclusion: Like home teams, favorites and particularly mid-range favorites are generally overvalued in Week 1.
Playoff teams
It might surprise you to learn that playoff teams from the prior year versus non-playoff teams from the prior year are a mere 16-23-3 (41 percent) ATS in NFL Week 1 games over the past five seasons. Home teams which made the playoffs versus teams which did not make the playoffs from the prior season drop to a meager 7-14-1 ATS (33 percent) during this time.
Why are playoff teams, and in particular those at home, such bad bets the past five openers? Just as the case with home teams and with favorites, oddsmakers intentionally overprice playoff teams in the opening week to compensate for the public’s propensity to over bet them.
This theory holds true just looking at straight-up records from the past season as well. That is, home teams with winning records from the prior season vs. road teams with losing records from the prior season are just 8-13 ATS in Week 1 NFL games since 1999.
Conclusion: Playoff teams from the prior year and in particular, home playoff teams, are overvalued in Week 1 NFL games.
Scoring defense and scoring offense
Do good defenses and for that matter good offenses from the prior season fare better against the number the following year in Week 1 games? Well, sort of. Generally speaking, teams with a solid offense or defense from the prior season tend to do well in the opening week so long as they are on the road. As a host, however, the best offenses and best defenses from the prior year tend to be overvalued in Week 1.
Consider that the top five scoring defenses (i.e. points allowed) from the prior season are a nice 8-4 ATS (66 percent) on the road in NFL openers the past five seasons. Meanwhile, the top five scoring defenses from the prior season are just 3-8-2 ATS (27 percent) as a host in Week 1 during the same time period.
There is no discernable advantage or disadvantage for teams with a top five scoring offense (i.e. points scored) in Week 1 games. However, when we look at scoring offenses from the bottom up (isolating the five worst offenses from the prior season), the results are rather interesting. In particular, teams ranked in the bottom five in scoring offense from the prior season are 9-4-1 ATS (69 percent) when on the road in Week 1.
The logic is simply that the public perception is a poor scoring offensive unit from the year prior will have little chance of winning on the road in Week 1. In turn, the oddsmakers compensate for this perception and these poor offensive teams from the year prior carry extra line value on the Week 1 trail.
Conclusion: Teams with top-ranked defenses from the previous season are good bets when playing on the road, but poor bets when playing at home. Also, teams ranked among the bottom five in scoring offense from the prior season are generally a good value in their Week 1 openers, provided they are playing on the road.
Scoring margin
An exceedingly straightforward way of measuring scoring offense and scoring defense together as a whole is to look at a team's “margin." Margin is simply scoring offense minus scoring defense, which is a fairly clear-cut measure of how a team does on both sides of the ball. Typically, the higher the margin, the better the team.
In this regard, it might seem counterintuitive that teams carrying the higher margin from the prior season in week one matchups are merely 31-42-7 ATS (42 percent). Furthermore, road teams with the higher margin are 14-20-6 ATS (41 percent), while home teams with the higher margin are 17-22-1 ATS (44 percent). Once again, these results line up with the theory that better teams from the prior year are overvalued come opening day of the following season.
Conclusion: “Better” teams, which often boast a higher margin than their opponent, are overvalued the following season in NFL openers.
In sum
Oddsmakers cater NFL betting lines to match public perception and also to bait the public into poor bets. The temptation to use the prior year’s success as a buy sign for how a team will perform against the spread in Week 1 of the following season is an enormous trap.
The fact is, isolating road teams, road dogs, non-playoff teams vs. playoff teams, teams with a losing record or low margin vs. playoff teams or ones with a high margin from the previous year is where the line value resides. Quite simply, taking the road less traveled is your surest path to NFL betting profits.
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