Poll

1 vote (14.28%)
1 vote (14.28%)
2 votes (28.57%)
2 votes (28.57%)
1 vote (14.28%)
1 vote (14.28%)
1 vote (14.28%)
2 votes (28.57%)
1 vote (14.28%)
3 votes (42.85%)

7 members have voted

Joeshlabotnik
Joeshlabotnik
Joined: Jul 27, 2016
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August 30th, 2016 at 9:57:52 AM permalink
OK, NFL football season approaches! I have gathered that the world's most comprehensive convocation of cognizant cognoscenti is congregated here, with collectively more gaming knowledge than an entire troop of elephants has elephant poop. So let's hear your betting insights for the upcoming wagering extravaganza! What do you think will work? What new strategies do you intend to try? Are there any teams that should be particularly on bettors' radar?

Please note that your observations don't have to be backed up by logic, data, research, or anything else other than your gut feelings, which could simply be the aftermath of that entire bowl of clam dip you just devoured.
Romes
Romes
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August 30th, 2016 at 10:01:03 AM permalink
Go with the favorites... occasionally when a player is hurt/etc at last minute you can get a bet in before the lines change. To me that's +EV.

I really don't know crap, but last year I did make (fake) money in the NFL Betting Contest thread... So I guess I did something right! =p
Playing it correctly means you've already won.
Mission146
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Mission146
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August 30th, 2016 at 10:19:13 AM permalink
Quote: Joeshlabotnik

OK, NFL football season approaches! I have gathered that the world's most comprehensive convocation of cognizant cognoscenti is congregated here, with collectively more gaming knowledge than an entire troop of elephants has elephant poop. So let's hear your betting insights for the upcoming wagering extravaganza! What do you think will work? What new strategies do you intend to try? Are there any teams that should be particularly on bettors' radar?

Please note that your observations don't have to be backed up by logic, data, research, or anything else other than your gut feelings, which could simply be the aftermath of that entire bowl of clam dip you just devoured.



Beautiful alliteration!

ANSWERS:

I don't know what will work.

I don't meaningfully bet sports (in a regulated environment, mostly just bets with friends), and for the Picks game, my strategy is almost so loose as to not be called a strategy.

I'm seeing the Steelers over 10.5 wins on the season a bunch, I would take the under. They have some key suspensions, a weak defensive backfield and a couple of somewhat important offensive players who may not make it through the season unscathed. I also have some questions about Gradkowski if Roethlisberger were to get hurt, he had some starts in Oakland and with Tampa Bay just last year and looked...less than great. Of course, he didn't have a lot to work with.

If you like the NFL, you should play our Picks Game!

http://wizardofvegas.com/forum/gambling/sports/26543-2016-wov-nfl-picks-game/#post547011
Vultures can't be choosers.
lilredrooster
lilredrooster
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September 4th, 2016 at 6:33:23 AM permalink
The Eagles traded Sam Bradford to the Vikings yesterday just 8 days before their first games of the season. Their both lost sheep.
Why should I bother to go to work? I can just look for hot shooters at craps tables. PARLAY PARLAY PARLAY. Laughing all the way to the BANK.. Life is Sweet. Wheeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
Zourah
Zourah
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September 6th, 2016 at 8:33:21 PM permalink
I pretty much only pay attention to the Chirfs and my fantasy team. I bet the Chiefs to win the division at +180 and the Super Bowl at 25 to 1. I do think they are better this year but it was basically a homer bet on the super Bowl - I do think we are the team to beat in the AFC West so I put 100 on that. Nothing big. I have 40 on the super bowl
lilredrooster
lilredrooster
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September 7th, 2016 at 4:17:30 AM permalink
A fact about NFL betting is that it's possible to bet against reduced vig on the moneyline and get the best deal by shopping around. The HA against they typical spread is 4.55% and pays out 10/11. Right now Atlantis Reno is offering -220/+190 on the Green Bay vs. Jacksonville game. That means (for the newbies) you have to bet $220 on the fave to win $100 and if you bet $100 on the dog you will win $190. Using this linked moneyline calculator I found that the HA on this bet is only 3.13%. A gain of 1.42 points for the player. Since everyone would pretty much agree that if you can beat sports it's by a small margin this would seem pretty significant. So, a moneyline bet on the fave is surely less popular because of the skimpy payout and the increased variance and the daunting task of having to win a higher % of games to be profitable. Pardon me for stating the obvious but there may be newbies out there; if you bet Green Bay at -5 and Green Bay has the ball on their own 40 yard line with 2 minutes left, and they're up by 3, they're probably going to run out the clock which means you will probably lose your bet even though you were probably right that they were more than 5 points better than Jacksonville on this day. Again, very obvious, but it's much easier to pick the winner than to pick against the points. So, if you bet the fave on the moneyline you gain % points, you have more joy in winning more often, and you avoid the high blood pressure frustration factor of losing your bet if Green Bay is up 3 on Jacksonsville's 20 yard line with 28 seconds left and the quarterback takes a knee. It's not easy to quantify a comparison of a moneyline bet to a spread bet, I know I can't do it, but my gut tells me the moneyline bet is a better bet and that's where I'm headed. And BTW I don't have any opinion at all on this game; I was just using it as an example.

https://wizardofodds.com/games/sports-betting/straight-bet-calculator/

http://www.vegasinsider.com/nfl/odds/las-vegas/money/2/
Why should I bother to go to work? I can just look for hot shooters at craps tables. PARLAY PARLAY PARLAY. Laughing all the way to the BANK.. Life is Sweet. Wheeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
Joeshlabotnik
Joeshlabotnik
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September 7th, 2016 at 7:29:28 AM permalink
Neither the spread nor the money line bet is inherently superior. Whether either kind of bet is good depends on the specific game and situation. A money line could offer value on neither side, while the spread does offer value. To contrast your scenario, if I am watching the Syphilitic Dragons play the Pregnant Ducks, the game is tied, and the Dragons are driving for the winning score with two minutes left, I have a warm fuzzy feeling inside if I have the Ducks at +8.5, whereas the bettor who has them at +270 feels like throwing up.
lilredrooster
lilredrooster
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September 7th, 2016 at 9:01:54 AM permalink
Your point is a good one. I haven't looked at every book but the 2 books I did look at, betonline.ag and Bovada allow much less for their maximum bet on the money line then on the spread, sometimes about half and sometimes even much less than half. This suggests they feel more vulnerable to sharps on the money line. They also offer a much smaller maximum bet on totals then on the spread.
Why should I bother to go to work? I can just look for hot shooters at craps tables. PARLAY PARLAY PARLAY. Laughing all the way to the BANK.. Life is Sweet. Wheeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
lilredrooster
lilredrooster
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September 8th, 2016 at 4:09:30 PM permalink
This is some interesting research that purports to show that betting blindly against the favorite is profitable when less than 25% of public money is bet on the dog. And there is a big jump in profitability when the amount of public money bet on the dog is less than 20%. The dog does steadily better the less money that is bet on it. Because the books will at some point start shading the line to make the favorite a worse bet. thespread.com tracks the % of money bet on the dog and the fave.

https://www.sportsinsights.com/blog/updated-80-20-nfl-betting-system/

http://www.thespread.com/nfl-football-public-betting-chart
Why should I bother to go to work? I can just look for hot shooters at craps tables. PARLAY PARLAY PARLAY. Laughing all the way to the BANK.. Life is Sweet. Wheeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
lilredrooster
lilredrooster
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October 9th, 2016 at 2:06:07 AM permalink
It's going to be windy today in Baltimore with winds between 14 and 18 mph. The total of 46 has not moved significantly. The under might be a good bet because of this.
Why should I bother to go to work? I can just look for hot shooters at craps tables. PARLAY PARLAY PARLAY. Laughing all the way to the BANK.. Life is Sweet. Wheeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

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