Sports MarketWatch
NFL Week 21 - Early
Moves Super Bowl Edition
1/28/2009 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 Playoffs
Recapping Regular Season
Christmas started early in NFL Week 15 and 16, but the party
ended for the sportsbooks in NFL Week 17. All sportsbooks reported flat profits
in Week 17 with most sportsbooks losing anywhere between 0%-2% of their handle.
SportsInsights.com analysis shows
that in games with over 64% of the action on one side, the Public came out on
top, going 5-2 -- making the Public 57-75 = 43.2% for the season.
SportsInsights.com Games to Watch
analysis stumbled in the last week going 0-1, making it 26-22-2 = 54.2% for the
season. Not bad for a free weekly column; imagine the money you'd have
won by using our Premium Pro membership! If you have enjoyed the insights this
column provides, please be sure to visit SportsInsights.com and sign up for a Premium Pro Membership.
Your bankroll will thank you!
2005 Games to Watch: 33-25 =
56.9%
2006 Games to Watch: 31-18 = 63.3%
2007 Games to Watch: 25-19 =
56.8%
2008 Games to Watch: 26-22 = 54.2%
Special Thanks
I’d like to thank the line managers at our contributing sportsbooks for
taking the time to speak with me every week, allowing unprecedented access to
their line boards and minds. It’s been an education in itself. I’d also like to
thank the loyal readers of Sports Marketwatch. Your encouragement and
support made this weekly column a joy to produce. I hope the Sports Marketwatch
has shown readers the importance of line value – while helping them to another
profitable NFL Season. Visit SportsInsights.com to view Live Betting Statistics coming from
the line boards of multiple sportsbooks.
College Basketball – Produces More Plays + Higher Win %
This weekly column is designed to highlight the revolutionary sports betting
information found on SportsInsights.com. As much fun as football is to bet and
watch, college basketball has been our most CONSISTENT and PROFITABLE sport.
Basketball produces mores plays and a higher win percentage. Take your winnings
from this year’s NFL Sports Marketwatch and purchase a Premium Pro
membership at SportsInsights.com today. Your bankroll will thank you!
| NCAA Basketball |
Records |
Units Won (multiply the Units Won by your
average bet size to see how much you'd win) |
| Steam
Plays (Spread) |
56-37 (60%) |
+16.3 (*$50 better is up 16.3 x $50 =
+$815) |
| Steam
Plays (O/U) |
153-94 (61%) |
+41.9 (*$50 better is up 41.9 x $50 =
+$2075) |
| Smart
Money Plays (Spread) |
18-10 (64%) |
+7.5 (*$50 better is up 7.5 x $50 =
+$375) |
NFL Playoffs - Games to Watch (1-2 =
33.3%)
The NFL Playoffs are a totally different animal
than the NFL Regular season. The amount of “Public” square bets skyrockets. The
culmination of this trend is the Super Bowl, the most wagered sporting event of
the year. Everyone, and their mother, wagers on the Super Bowl. From the casual
“box-office-pool” – to the professional sports bettor – to the Superbowl
commercials: everyone has some interest in the Superbowl.
For
value-minded sports investors, this massive influx of “Public” money means
opportunity. During the NFL Playoffs, odds makers heavily weigh Public opinion
when deciding on a game’s betting line. They’ll shade a line 2-3 pts knowing
that the Public will be heavily on one side. “Public Money” dwarfs the amount of
“Sharp Money” buying back the shaded lines.
SportsInsights.com and Superbowl XLIII
Contrarian
Sports Investing
SportsInsights.com
(“SIs”) believes in a contrarian approach to sports investing and seeks out
value in the sports marketplace. One of the key parameters to SportsInsights’
quantitative approach to sports betting is our proprietary sports betting
percentages, compiled from several online sportsbooks. The betting percentages
tell us the percentage of bets on each side of a bet. Our research has shown
that it normally pays to “fade” the public or “bet against the Public.”
The Public typically likes taking the favorite in most sports events.
However, this year’s Superbowl shows the Public loving the Arizona Cardinals and
their Cinderella march to the Superbowl. This is an interesting departure for
the Public and shows how much “value” there might be on the Steelers. This
contrarian factor of “fading” the Public points to the
Steelers.
Edge: Pittsburgh Steelers
Current
Betting Percentages on the Super Bowl
Pittsburg Steelers
42%
Arizona Cardinals 58%
Smart Money and Point Spread Line
Movement
SportsInsights uses another indicator that we call “Smart
Money Analysis.” This method is more selective but also more powerful
because historically, it has had a better winning percentage than using “betting
percentages” as a standalone indicator.
For the Superbowl, the
“generally-available” line opened at Pittsburgh -6.5. As we saw above, early
Superbowl betting has most of the bets (about 60%) coming in on the underdog
Arizona Cardinals. Even with the majority of bets landing on Arizona, the line
has inched up to Pittsburgh -7. This is a relatively large move in the NFL –
especially near a “key number” like 7.
This means that “big money” –
which is usually “smart money” – is taking the Steelers. In other words, even
though most bettors are on Arizona, “big bets” on Pittsburgh are more than
balancing the Public’s action on Arizona. This indicator says to go along with
the “smart money” and take Pittsburgh.
Edge: Pittsburgh
Steelers -6.5 (Bookmaker.com)
Intangibles and Other
Contrarian Angles
In addition to our “quant” or “technical”
analysis of the sports marketplace (based on “betting percentages” and “line
movement”), SportsInsights tries to analyze games using some approaches that
resemble “fundamental analysis” in the financial markets.
For example,
are there some extraneous factors that make a bet seem over-valued or
under-valued? We try to “buy low and sell high” by using a
“what-have-you-done-for-me-lately?” factor. That is, the Public tends to
exaggerate the importance of recent events.
Arizona’s offense
has been pounding the opposition. After being one of the highest-scoring teams
during the regular season, Kurt Warner and crew have rung up more than 30 points
in each of their playoff match-ups. Warner and his receivers look like they are
playing pick-up football against a bunch of five-year-olds! The Public loves
offense and this is another reason we feel that Arizona is currently
over-valued. We’ll “sell” the Cardinals at a recent “high.”
During the
early part of the regular season, the media focused on teams like Tennessee and
both NY teams as “Superbowl favorites.” Later in the season, fans saw teams like
the Eagles, the Chargers, and the Colts streak into the playoffs. Meanwhile, the
Pittsburgh Steelers played “steady football” all season long and “quietly” (if
you can call their defense quiet!) ran up a 12-4 record, yielding a league-low
223 points.
Some of the intangibles point to “selling” the Cardinals at
a “high” and “buying” a great Steelers team that avoided being over-hyped.
Edge: Pittsburgh Steelers -6.5 (Bookmaker.com)
Quick Analysis of Recent
Superbowl Scores
SportsInsights’ analysts took a quick peek at
recent Superbowl scores.
• 3 out of the last 5 Superbowls were settled by a
FG or less.
• 4 out of the last 7 Superbowls were settled by a FG or
less.
• 6 out the last 11 Superbowls were settled by a TD or less.
We
normally hate giving 7 points or more (or even taking a favorite!). However, we
let the numbers do the talking. And, yet again, the recent history of Superbowls
(and an emphasis on shorter-term events) might be giving us some value. Over the
much larger sample size of 42 Superbowl games:
• 29 out of 42 games have
been settled by more than a TD.
Football fans seem to be forgetting how
we used to see lopsided (and sadly, sometimes boring) Superbowls. This is giving
us some value as the general Public is taking the points in this Superbowl.
Edge: Pittsburgh Steelers -6.5 (Bookmaker.com)
Overview
SportsInsights looks for value in a variety of ways. For more information
about SportsInsights.com’s philosophy on sports investing, please visit our
articles on Sports Investing and Value. For live odds and SIs’
exclusive “betting percentages” on major U.S. sporting events, please visit
www.SportsInsights.com.
Almost all of our regular angles and analysis of
the “sports marketplace” point to contrarian value on the
Pittsburgh Steelers. Remember to “shop for
the best line” because you can still get Pittsburgh -6.5 if you check
around. Does defense win Championships? We’ll see in a few days.
Games to Watch - Playoff
Editions (1-2 =
33.3%)
Pittsburgh Steelers
-6.5 (Bookmaker.com)
It should be another exciting NFL
Super Bowl. 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 NFL Season with an all
new edition of the Sports MarketWatch.
Enjoy the games!
- Daniel Fabrizio
- President
- SportsInsights.com