The Pinnacle Pulse Inside the Wagering Line
PinnacleSports.com
Simon Noble
11/22/2006
The Pinnacle Pulse, a column highlighting betting strategy and line
movement on key games. In this edition, Simon Noble of PinnacleSports.com
discusses handicapping college basketball games before discussing line
movement on a variety of betting options at PinnacleSports.com.
He then gives insight into the early line movement on this
weekend’s big games.
Bet with your Head, not your Heart!
Football and Thanksgiving go together like Santa and Christmas. This
week, over turkey with all the trimmings, discussions at dinner tables
across the Nation will tell which team the public wants to bet. However,
if you want avoid the gambling equivalent of indigestion, there are some
key points to understand when sports books talk about “public money”.
The strength of some teams seems so obvious that every armchair
quarterback wants to believe they’re unbeatable. Selective memory takes
over, as bettors see only one outcome and pour their money onto the
“sure thing” after convincing themselves that the facts are
overwhelming. The greatest weakness with these “locks” is they’re so
easy to recognize that everyone has the same idea. What many players
don’t realize is that the line reflects this and in many cases, books
overcompensate for these public plays.
An old rule of thumb was that if you saw the public on one side of a
game, stay off that team! One of the best kept secrets in gambling is
that the average player wins only 49% of bets against the spread. Until
a player develops their handicapping skills to become better than
average, not even Pinnacle Sportsbook’s ultra-competitive -104 style
pricing on NFL sides will help them.
How can the public possibly do so poorly? In simple terms, the public
thinks with their hearts and not their heads. If a line moves from -3 to
-3½, public bettors are almost oblivious to the loss in value playing
the favorite, and will keep betting it, regardless.
To find who the public is playing in a game, look no further than your
office or circle of friends. If everyone around the water cooler seems
to agree what the right side of a game is, you’ve most likely found the
public side. Further clues of public plays, include the use of terms
like “National Champion”, “Undefeated”, and “QB Injury” when referring
to a team.
How can you bet with your head and avoid being one of the squares? One
concept to set you apart from the public is to look past short-term
streaks. For example, let’s take a look at the Cincinnati Bengals. I
chose them because at 5-5, they look like an “average” team. The Bengals
began the season 3-0 and as a result, this average team started
receiving public money. Meanwhile, sharp bettors did not get excited
over the quick start because it was “just three games”.
The Bengals then proceeded to lose five of their next six games, and
were suddenly a “bad” team on a three-game losing streak. The public,
ripe to fade such teams, were disappointed when Cincinnati upset New
Orleans. The sharps, viewing the season as a whole, saw the Bengals as
just an average team – sometimes good, sometimes bad, but just average
overall.
Teams that look either great or terrible are seldom as extreme as their
records appear. The public doesn’t appreciate this, which gives rise to
many profitable opportunities. If an average or good team wins
back-to-back blow-outs, the public will be quick to jump on the
bandwagon. Similarly, if a team plays flat for two straight weeks, the
public will fade them. In both instances, the smart play will be to swim
against the tide of public opinion.
Another smart tactic is to go against streaks, such as betting against a
team that has won four games or more in a row to cover the fifth week.
Players should also appreciate that teams on losing streaks are more
likely to over-perform, and bet accordingly. Taking a quick look at this
week’s card, a team seeing an increase in public support is the
Chargers. They are the first NFL team to win four straight while giving
up 24 or more points in each game. Laying 13 points against Oakland
might be considered a “trap” game.
What are players betting this week at Pinnacle Sports Book?
Tampa Bay +11 -112 v. Dallas
The Cowboys are coming off their biggest win of the season, knocking off
the previously undefeated Colts. With last week’s solid performance and
Dallas’s reputation for playing well on Thanksgiving (Dallas is 23-14-1
at home on Thanksgiving), they are an easy public selection. Although
the sharps have not expressed an opinion on this game yet, our opener of
Dallas -9.5 was bet all the way up to -11.
LSU +1 -114 v. Arkansas
The fifth-ranked Razorbacks are still in the chase for a BCS
Championship Game appearance. They have two difficult match-ups
remaining: LSU, and the SEC Championship. In addition to winning out,
Arkansas needs USC and Florida to lose. We opened Arkansas at -1.5, and
took heavy balanced action. There is no obvious sharp side at the time
of writing.
Notre Dame +7.5 -114 v. USC
USC is less than 1/100th of a point behind Michigan in the BCS
standings. If the Trojans win this week and again next week versus UCLA,
they should move to the #2 spot and play for the national championship.
Notre Dame is a long shot to catch Michigan and will likely play in
another BCS bowl regardless of whether they win.
We opened the Trojans at -6, and took a lot of early sharp action on USC.
We found a “pressure point” at USC -7. The sharps keep playing USC at
-7, but pass at -7.5. Irish backers seem content to play them at +7 or
+7.5. The Trojans have recently dominated the Irish, winning the last
four contests. USC has been especially strong under Pete Carroll in
November, racking up a 19-0 record (including 3-0 this year).
Chicago +3 +111 v. New England
Our favorite type of game to book is one where sharps play both sides,
as in this game. Everyone knows Chicago’s offense has had problems ‑
they’re ranked only 19th in terms of yards per play. The Bears offense
also has 20 giveaways; only five teams have turned it over more this
season. Despite this, the Bears have the second best turnover
differential at +9. In addition to forcing turnovers (#1 in the league
with 29), the defense has scored five touchdowns on returns. When you
have a team as polarized as Chicago, sharps often line up on different
sides, each believing their methodology is more valid than the others.
New York Giants -3 -114 v. Tennessee
Despite Eli Manning’s poor performance versus Jacksonville on Monday
Night (19 of 41 passing with 1 TD and 2 INTs), the Giants are getting
backed by sharps and the public alike. The G-men opened at -3 +104, and
have been favored by sports bettors at a 5:2 ratio.
About PinnacleSports.com
PinnacleSports.com is the Internet’s largest sports betting site serving
customers in more than 80 countries worldwide. Founded in 1998,
PinnacleSports.com was the first sports book to introduce reduced margin
wagering using a -105 pricing model that gives bettors up to 50% better
value on wagers than traditional bookmakers. With low minimum bet
requirements and the highest maximum limits on the Web,
PinnacleSports.com has earned an industry leading reputation for
providing consistent value to the player, professional customer service
and the quickest payouts online. Fully licensed and regulated in Curacao
and the United Kingdom, the company offers a secure environment for
sports betting, racing and casino gaming.
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