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Ben
Burns Shopping for Line Value in the NFL 2002
Week 1 of
the NFL season saw five games decided by a field goal. Another
game was won by just one point. Still, two other games were won
in overtime. Usually overtime contests, in the NFL, are decided
by a field goal, but, strangely, both of these games were won by
touchdowns, on special teams. That means 8; of the 16 games,
could, under normal circumstances, have been decided by three
points or less; this despite the fact that 12 of 16 games flew
Over the posted total (higher scoring games would generally
indicate more lopsided scores).
On the upcoming Week 2 card, an amazing 14, of the 16 games,
currently have point-spreads of five or less.
What do all these close games, and small point-spreads mean to
bettors?
Well, they show that the league looks to be closer, talent-wise,
then ever before. As evidenced by the Texans’ Week 1 win, any
team truly can win, on any given Sunday. More importantly, with
the high percentage of games falling right on, or around the
number, they mean that anyone not ‘line-shopping’ at more
than one sports-book, and/or doing their best to bet their games
at the right time, is really hurting their chances of being
successful.
If you are reading this, then you already know the importance of
the getting the best wagering number possible. If one has an
account at only one sports-book, there is no choice but to
either accept the line offered, or not to bet at all. By using
two or more sports-books, one can compare the lines, and wager
on the line that provides the best opportunity to win. Why would
anyone have bet the Jaguars at +3 early in the week, when
+3.5’s and +4’s were standard closer to kickoff; or the
Vikings at +4, when there were +4.5’s widely available off and
on throughout the week? As you know, Jacksonville lost by three,
and Minnesota by four. Both of these examples from Week 1
illustrate how important ‘line-shopping’ is to winning.
Whether you were a winner or not, was determined by where, and
when, you made your bets. These half-points, often make the
difference between a winning and a losing season.
While getting the best line is always imperative, it becomes
critical on certain ‘key numbers’. Obviously the number
‘3’ is the most important. Last year, 17.3% of the games
were decided by exactly a field goal. If Week 1 is any
indication, that number could be even higher this year. Other
numbers to pay close attention to are: 7, 10, 4, 14, 6, 1 and
13. Last year, 56.7% of the final scores fell on exactly one of
these numbers. (Figure includes the # ‘3’). The
point-spreads on 12 of this week’s 16 games have already
touched one of the above numbers, at some point since the lines
were released. A couple others are also likely to do so.
Personally, I feel that line variances, even on these key
numbers, are a lot more common than most people realize. The
value of line shopping simply cannot be stressed often enough.
Once one has a few accounts funded, and ready to go, the real
challenge is not in picking the best available line, but rather
in predicting which way the line is likely to move throughout
the coming day, or week. I take an enormous amount of pride in
getting the best number on every game. It makes me sick when I
hear of a friend getting a better line than me. Although I
consider myself very good at predicting which way the line will
move, even I don’t always guess correctly. Last Sunday, with
less than an hour before kickoff, I was asked by someone whether
he should go ahead and play Carolina at +1.5.
Since I was still seeing a mix of 1.5’s and 2’s at my books,
I told him to hold off, and hope for the 2. Within 20 minutes,
the line was down to a pick’em at all his books, and he got
stuck with a worse line. (I still got the +2 with a local who
doesn’t move his lines) Thankfully, in that case it didn’t
matter, as Carolina was one of the five teams that managed to
win by a field goal. I generally tend to have a pretty good
feeling for which way the line will move though. Naturally, if I
expect a line to move, I will make a note suggesting to play
right away, or to wait until right before kick-off before doing
so. This note is released along with my selection.
Conventional wisdom states that one should play favorites early,
and wait until closer to kickoff before playing underdogs. The
logic here is that most bettors prefer taking the favorite, so
the line on the favorite will tend to go up. While this may be
true more often than not; it is definitely not the rule for
every game.
One method that I use to determine which way the line will move
is to try and find out what side the ‘public’ favors. Every
year I participate in a large weekly NFL pool, made up primarily
of ‘squares’. Its not for much money, but it serves a
valuable purpose for me. Since all plays must be in on Thursday,
I get to know what all these ‘joe-public’ type bettors are
taking well in advance of Sunday’s games. In general, if a
high-percentage of them favor a particular side, barring
injuries, that is the way the line will move. I also use
consensus sites on the Internet for the same purpose. If
everyone in my pool selected the 49’ers, and everyone on the
consensus sites is also taking the 49’ers, then most likely I
will benefit by waiting until right before kick-off before
making my wager on the Giants.
I didn't even attempt to tackle college football in this
article, but everything I have said about shopping for value
applies equally there as well.
Good luck.
Be sure and join Ben
Burns everyday for his GUARANTEED
PICKS that you pay for only if you WIN.
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