The Pinnacle Pulse Inside the Wagering Line
PinnacleSports.com
Simon Noble
6/28/2006
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.
Wimbledon Sports Betting Information
With Wimbledon in full swing, a lot of Pinnacle Sports players are
taking a much closer look at tennis betting. If you’re thinking about
trying your hand at Wimbledon or other tennis events, there are a few
pitfalls a little preparation can help you avoid.
Many new tennis bettors don’t understand the difference between the
Grand Slam events versus the traditional “best of three set”
tournaments. In the Men’s Grand Slam events, all matches are “best of
five”. This means that the fair price of a match between the same two
players can be very different, depending on whether it’s best of three
or five.
Let’s consider a match-up between players “A” and “B”, where “A” will
win each set 60% of the time. If p = 0.6 (odds for A to win each set)
and q = 0.4 (odds of him not wining a set), the odds of him winning the
match are:
M = p*p + p*q*p + q*p*p
There are three terms, just as there are three possible ways to win a
three-set match. He can win the first two sets (p*p), the first and
third set while losing the second (p*q*p), or lose the first and win the
last two sets. So, the odds of “A” winning this match are:
M= 0.6*0.6 + (0.6*0.4*0.6) + (0.4*0.6*0.6) = .648, or 64.8%.
It gets more complicated in a five-set match. In terms of winning or
losing a set, player A can win the match in three ways: win three
straight sets, three sets to one, or three sets to two. There’s only one
possible way to win three straight sets. There are three possible ways
to win 3-1 (since the match ends if he wins the first three). So how
many ways can a player win three sets to two? It’s easier if you
remember that “A” must win the last set. Since he won exactly two of the
first four sets, there are (4 choose 2 = 4*3/2) or six ways to win 3-2.
Therefore, the odds of “A” winning a best of five match are:
M= p*p*p + p*p*p*q*3 + p*p*p*q*q*4
= .6^3 + .6^3 *.4*3 + .6^3 *.4*4 = 0.821, or 82.1%.
This example shows how much of a difference it makes in playing the best
of five versus the best of three. When considering the match format, one
must also realize that the greater the difference in skill level, the
more it helps the favorite to play best of five.
You can use this method of analyzing matches to set lines for any series
bet, or many prop bets such as “Will the Yankees win its playoff series
in exactly six games”. Once you have the tools in place to analyze these
kinds of problems, you’ll be surprised at how many opportunities present
themselves with an edge over the bookmaker. Often bargains can be found
on series plays where you’re laying -400 or greater, since these types
of bets mainly attract underdog money from public bettors.
Another area new tennis handicappers sometimes fail to understand is the
effect the surface has on play. The difference between grass, hard court
and clay is so significant that you can practically treat them as three
separate sports. Even casual fans know that Nadal is amazing on clay,
but how well will he play on the grass at Wimbledon? If you’re
handicapping a match involving Nadal, you’d get a better indicator of
his play by only examining his play on grass than considering his recent
play on clay (including his dominant play at the French Open).
If you know a player’s strengths, you can improve your results further.
Does he have a big serve or a potent ground game? In Wimbledon, the fast
grass surface enhances players with a strong serve and volley game,
whereas clay courts do just the opposite. Understanding a player’s
strengths should help handicapping their matches on the various
surfaces. This can be helpful, especially if a player’s form has changed
in the past six months or if they haven’t played many matches on the
surface of the upcoming match. For example, if a player has a very
balanced game, you might consider both clay and hard court matches to
handicap a later grass match.
The most important thing for tennis bettors, like with any other sport,
is to find the most value on their wagers. At Pinnacle Sportsbetting we
offer a 10-cent line on for all Wimbledon matches, which represents at
least 50% better odds than most traditional sportsbooks. Additionally,
PinnacleSports.com provides a comprehensive betting menu on every Grand
Slam event including sets betting, propositions, updated futures and
in-running betting.
While Wimbledon has just started, the World Cup has already reached the
quarterfinal round. So what are soccer players betting?
Brazil to advance versus France: Yes -260
The early opener at Pinnacle Sports listed Brazil as a -210 favorite. Of
the eight teams in the quarterfinals, Brazil has both the greatest
population (over 188 million) and the greatest national following. A few
sharps bet this early, but most of the early betting (notably after the
line moved to -240) was public money.
Brazil to win World Cup: Yes +251
At the start of the tournament, Brazil was +360 to win. Brazil started
slowly, but improved through the group stage, winning all three matches
in its group. They defeated Ghana 3-0 in the round of 16, bringing them
one round closer to taking their sixth World Cup title.
With three elimination matches remaining, the “Yes” would only have
value if Brazil were expected to be an average of -195 or higher
favorite in each match-up. Given that they’re playing France (where
early openers made Brazil a -220 favorite), and will most likely play
England then Germany as a smaller favorite, the “No” looks like the
right side. One way to leverage this is to play the “No”, and use
progressive hedging by playing Brazil to advance each round.
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.
|