Sports MarketWatch
NFL Week 16 - Early
Moves
12/19/2008 11:01 AM EST
by Daniel Fabrizio
SportsInsights.com
Welcome to this week's edition of the Sports MarketWatch, where Daniel Fabrizio, founder of
SportsInsights.com, gives sports fans unprecedented insight into the NFL
point-spread market. If you ever wanted to know what was really happening on the
sportsbook side, you now have an all-access pass with Sports
MarketWatch!
Every week he speaks directly with the line managers at some
of the sports betting industry’s largest sportsbooks about which games the
public is chasing and the Sharps are pounding. Dan takes a look at what’s in
store for this week in the NFL.
Sports MarketWatch – NFL Week 16
Recapping Last Week
Christmas came early for the sportsbooks in NFL Week 15. All
sportsbooks reported a profitable Sunday retaining anywhere between 3%-6%of
their handle. Pretty much every single big game except New England vs. Oakland
went the way of the sportsbooks. Houston stunning Tennessee and Cincy pounding
Washington were the huge 1pm games for the sportsbooks.
SportsInsights.com analysis shows
that in games with over 65% of the action on one side, the Public got hammered,
going 1-6, making the Public 51-66 = 43.5% for the season. SportsInsights.com
Games to Watch analysis continued its
positive momentum, going 2-0-1, making it 24-20-2 = 54.5% for the
season. Let's see what the Sports Marketplace has in store for us this
week -- as we hope to continue our forward progress. Happy holidays!
NFL WEEK 16
We anticipate that Pittsburgh, Philly,
New Orleans and Houston will be the most “lopsided-bet” games of the week. Visit
SportsInsights.com to view live wagering statistics from seven online
sportsbooks.
NFL Week 16 Sports MarketWatch – Games to Watch (24-20 = 54.5%)
Miami Dolphins vs. Kansas City Chiefs
The Miami Dolphins stay relatively close to the elite NFL
teams and beat the teams they "should." What a turnaround from a year ago! The
Dolphins continue to surprise most people and win. Or is it a surprise??! This
week, a big 67% of all bets (including teasers and parlays) are taking the
Dolphins over the KC Chiefs. It looks like the Public is jumping on the
Dolphins' bandwagon. In addition, the "betting Public" typically overvalues the
motivational value of teams positioning themselves for the playoffs.
Although the Dolphins have been winning, a quick scan shows
that three of their more recent wins have been by a total of 11 points. One of
our offshore contacts, a sportsbook risk manager, told us that some "early big
money" on the Chiefs drove the line down. Even with an overwhelming number of
bets landing on the Dolphins, the line has moved from KC +4 down to KC +3.5.
That is a huge move off of the "key 4" number. SportsInsights' (SIs) analytical
tools confirm the existence of "Smart Money" moving the line in the direction
opposite of the Public's betting. Let's take the side of "Smart money" and "Bet
Against the Public" on the home dog.
Years ago, SIs published the results of academic
research over a long 20-year period that showed a bias for home underdogs to
cover the spread -- late in the NFL season -- and into the playoffs.
SportsInsights' research shows that this bias continues to work. You can still
grab KC +4 at SIA. Most books have moved down to +3.5 so grab the +4 soon.
Kansas City Chiefs +4 SIA
New York Jets vs Seattle Seahawks
A few weeks ago, the Jets were touted as one of the best of
the AFC. That "aura or shine" is still on the Jets as they are tied for first
place in the AFC East at 9-5. The Jets play the lowly 3-11 Seattle Seahawks
this game, in what looks like an "easy" game for a potential playoff-bound
team. Or is it such an easy pick? The "Big Money" doesn't think so.
Early "Sharp money" pushed the line towards the Seahawks,
even though a big 70% of bets are landing on the visiting favorite Jets. The
Jets opened as 5.5 point favorites at CRIS but the line has moved down to 4 at
most books. The "Smart money" has seen a Jets team struggle at 3-2 over their
last five games as they drive towards the playoffs. This is NOT the performance
you would expect to see from an elite NFL team. We'll "Bet Against the Public"
and join the "Big Money." Bodog and SIA still have Seattle +4.5.
Seattle Seahawks +4.5 SIA
Houston Texans vs Oakland Raiders
The Houston Texans have been playing great football, putting
together a four-game winning streak, capped by its huge win against Tennessee
last week. The "hot money" is all over Houston as they take slim playoff
aspirations to Oakland against the lowly 3-11 Raiders.
We like the Raiders at home, plus the touchdown for several
reasons.
-
The Raiders are a big home dog, late in the season.
-
Any playoff hopes that Houston may have are overvalued by the
Public.
-
The Public loves Houston in this game, to the tune of almost
90%. Fade the Public.
-
CRIS opened at Oakland +7.5 but the current line everywhere
is +7, even with most bets on Houston. Go with "Smart money."
-
Oakland has lost three games in a row, the last two by a
combined 83-33. Ouch. Buy low!
-
Houston has reeled off four wins in a row. Sell
high!
You should be able to grab Oakland +7 at low vig right now.
The line may hop back up to +7.5 if you wait closer to game-time as the Public
continues to pound Houston.
Oakland Raiders +7
So, here’s a wrap-up of
SportsInsights.com analysis for this week’s Games to Watch:
Games to Watch (24-20 = 54.5%)
Kansas City Chiefs +4 SIA
Seattle Seahawks +4.5 SIA
Oakland Raiders +7
It should be another exciting NFL
Weekend. Keep Sports MarketWatch picks handy and your browser pointed to
SportsInsights.com for the latest real-time updates, using our
exclusive Sports Investing tools. I’ll be back next Friday with the new edition
of the Sports MarketWatch.
Enjoy the games!
- Daniel Fabrizio
- President
- SportsInsights.com