The Point Spread is +2.5, Take the Points or Bet the Money Line?

The majority of sportsbooks have New Orleans listed as a 3-point favorite against Philadelphia on Monday Night Football. Meanwhile, a handful of others, like 5Dimes, BetGrande and BetOnline, have moved the Saints to a -2.5 point spread. This half-point move is significant since the spread is now off the key number of three. We always encourage bettors…

2012-13 NBA and Betting Against the Public

With the 2012-13 NBA season underway, we decided to fire up our Bet Labs software and update our analysis on the optimum levels for Betting Against the Public in the NBA. Bet Labs’ archived NBA data includes closing lines from Pinnacle and NBA Betting Trends since the start of the 2006 season. As noted in previous articles, a betting system using NBA…

Is There Value Betting on NFL Teams Coming off a Bye?

It’s reasonable to assume that an extra week of rest, practice and game-planning would help most NFL teams prepare for their next game, but does this translate to Against the Spread (ATS) performance? With the Dallas Cowboys, Oakland Raiders, Tampa Bay Buccaneers and Detroit Lions all coming off byes this week, we decided to use our Bet Labs…

Seattle Seahawks’ Win Caps Off Huge Weekend for Sportsbooks

While Tuesday morning water cooler talk will be dominated by the final play of Monday Night’s Green Bay/Seattle debacle, the bigger story is its affect on NFL betting for the entire weekend. According to an article by Darren Rovell on ESPN.com, sportsbook managers estimate that between $150 million and $250 million worth of bets shifted…