The Pinnacle Pulse Inside the Wagering Line
PinnacleSports.com
Simon Noble
2/8/2006
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.
Mr. Noble then gives insight into the early line movement on this
weekend’s Stanford/Gonzaga basketball game and the NFL Pro Bowl. He goes
on to discuss the line movement on the Men’s 20km Biathlon at the Winter
Olympics and a unique Pinnacle prop on Tiger Woods’ Major wins in 2006.
Betting NFL Pro Bowl, NCAA Basketball, and the Winter Olympics
As the NFL season winds down, many football bettors are left with a
sense of emptiness. Other than this weekend’s Pro Bowl, NFL fans must
wait until September for the next competitive games to kickoff. If
you’re contemplating where to channel your handicapping energies in the
meantime, you could do a lot worse than taking a long hard look at
college basketball. Professional bettors will tell you that pro sports
(NFL, NBA and MLB) are becoming progressively harder to beat. The lines
are becoming more accurate due to an increasing number of professionals
betting into them. The end result is that these once easy-to-beat sports
are now far more difficult to record a consistent profit.
At Pinnacle Sports betting we employ a fairly sophisticated player
profiling system and by taking a quick look at the reports, it’s clear
that our sharper players are having a tougher time beating the NFL,
especially in the past few years. On the other hand, some of our most
dangerous players focus on NCAA basketball and from a player-profiling
perspective; at Pinnacle Sportsbetting we have far more players capable
of winning long-term in NCAA basketball than on any of the major pro
sports.
If you haven’t handicapped NCAA basketball before, now is the perfect
time. Most teams have played more than 20 games, giving sharp bettors
enough to get a feel for the team. With March Madness rapidly
approaching, you may simply want to focus your attention on teams likely
to be invited to “The Big Dance”. Not only can your analysis pay
dividends through winning bets, but it can also help you gain a year’s
worth of bragging rights when you enter your office pool or bracket.
In college hoops, it’s not uncommon for a total to move as much as 10
points, or for some spreads to move five points. The early NCAA
basketball sharps that pound these openers have seemingly a virtual
license to print money. If an accurately priced whole-point spread
pushes about 4.5% of the time in NCAAB, betting into an early number
which is off five points will win at more than a 70% clip. A total will
land on a well-priced number almost 3% of the time in college totals,
making an opening total that is off even easier for a player to beat.
With over 300 Division I teams, linesmakers simply don’t have the time
to analyze each game and team in-depth. Most basketball fans have a
favorite conference, which gives them an advantage over a book like
PinnacleSports.com. If you’re a specialist in one conference and know
the players, coaches, playing styles, injuries and suspensions for all
the teams in that conference, you have invaluable insight on match-ups
that feature those teams that bookmakers like PinnacleSports.com, simply
do not.
As we open our lines early, we often find that we have to resort to
making an educated guess when we first put the number up for lower
limits that are good for $1,000 on sides. This is where players who’ve
done their homework on the conferences have the advantage. We rely on
these “$10 Geniuses” and other early players to quickly sharpen the
Pinnacle Sportsbook line, at which point we are then able to raise the
limits to $2,000 overnight.
Occasionally, you’ll see a total that is extremely off – for example, it
might open at 140 over -105 and then close at 140 over -170. When an
opener is off by five or more points, we sometimes choose not to move
the total and look to adjust the moneyline instead. This is because it
can be hard to assess how much a half-point is worth when your opener is
that far from the fair total.
A standard half-point change for six cents on the moneyline doesn’t get
the job done when you’re dealing a 10-cent line on College hoops as we
do at Pinnacle Sports. We might take more than twenty limit bets to find
the right number if we are off a full 10 points. By adjusting only the
moneyline, each bet will raise the moneyline progressively, so we can
find the fair price much quicker.
Pinnacle Sports now opens lines on several NCAA basketball marquee
weekend match-ups early in the week and while you think about NCAAB,
look at how the sharps and public have played these offerings below:
NCAAB: Stanford (+7) at Gonzaga
The fifth-ranked Zags have won 10 straight games, going undefeated since
late December. Despite a poor start to the season, Stanford has reeled
off five straight PAC-10 wins, including an upset over Washington. This
is a much improved Cardinal team attempting to end Gonzaga’s 35-game
home win streak.
A general rule of thumb in college is that the home court advantage is
worth around 4 points. There are wild variations though – empty
unemotional stadiums might be worth only 1.5, while some of the noisy
“jungles” with fans mere feet from the players can be worth as much as
7-8 points to the home team. Understanding the different arenas is one
way to gain an advantage against the public, whose money shifts the
spreads.
In this match-up, we initially offered Gonzaga -6. Several of our
smaller-betting sharps took the Zags without any significant opposition,
driving the price to Gonzaga -7 -103.
Pro Bowl: NFC +4 vs. AFC Over 67 -124
The Pro Bowl has been an offensive showcase in recent years. Since 2000,
this game has averaged nearly 74 points per game. This is in stark
contrast to the 90s, where no game had more than 53 total points scored.
Another unusual pattern is the relationship between the Super Bowl and
the Pro Bowl. In the last 30 years, the conference winning the Super
Bowl has won the Pro Bowl less than half the time.
We opened the total at Under 67 -108 and took heavy lopsided action on
the over. Any time a number moves at least 10 cents with our -104 style
pricing, one of the numbers must be wrong – as the movement was enough
to scalp our opener. The sharps have been inactive despite this steep
move, and will either be looking to play late or perhaps passing on the
game altogether.
Winter Olympics: Biathlon – Men’s 20km: Bjoerndalen (NOR) +221
Although Pinnacle Sportsbetting has active players from more than 80
countries world wide, we always find it amazing that our prop players
can know so many things about such a wide variety of different sports.
Despite the broad range of offerings, the same prop players consistently
win.
We opened Bjoerndalen as the favorite at +300 and our professional prop
players corrected our price with multiple limit bets. We saw similar
action on Bjoerndalen for the Men’s 10k Sprint and the 12.5km Pursuit.
With the Olympics starting this weekend, smaller bets have continued to
dribble in on Bjoerndalen across all markets.
Tiger Woods 2006- Majors won in 2006: Grand Slam +5000
Bets involving Tiger Woods always attract a lot of attention from the
public. This is even more so due to Woods’ hot start in 2006 – winning
the Dubai Desert Classic and the Buick Invitational. Both were great
events from a fan’s perspective as each was decided by a playoff.
In this multi-way offering, players could wager on how many Majors Tiger
Woods would win. We initially opened the “Grand Slam” at +8000. This has
attracted a lot of public money, which has driven the price down to
+5000. However, we are still favoring Tiger to finish with only one
major title in 2006 although the price has drifted out to +160. 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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