NFL Week 6 Betting – Line Moves that Matter

NFL Week 6 Betting – Line Moves that Matter

Note: This post was updated at 9:25 a.m. ET on 10/12 to reflect the most recent line movement regarding this game.

For the most part, NFL Week 6 has been quiet from a line-movement perspective. However, one game has seen an interesting adjustment that grabbed our attention.

Pittsburgh Steelers (pk) at New York Jets

Pittsburgh opened as a 2-point favorite at CRIS and climbed to -3 (+100) heading into New York’s game against Atlanta on Monday Night Football. The Jets surprised both bettors and analysts by not only covering the 10-point spread, but kicking a field goal as time expired to beat the Falcons straight-up.

Following the Jets’ victory, CRIS reopened this week’s game as a pick ‘em and the line immediately climbed as New York money hit the market. The line chart below shows this in more detail:

 

Jets-Steelers-Line-Chart

As you can see, the Jets sat as 3-point underdogs until late Monday evening. The game was then reopened with a big line adjustment to a pick ’em. At that point, the public began betting Jets, pushing the line to -2.5 on Tuesday where it remained until Steelers money dropped the line back down to a pick’ em.

Why does this line move matter?

This line jumped 5.5 points based on nothing but public perception. Before New York’s game kicked off Monday, this line settled in with Pittsburgh as 3-point favorites. Following the Jets’ win against the Falcons, oddmakers knew the public would overreact to New York’s impressive prime time performance in front of a national TV audience. As a result, the game was reopened as a pick and sportsbooks took Jets money until sharps jumped on the Steelers at +2.5 and +3 (paying extra juice).

Line moves this drastic are usually associated with breaking injury news or overwhelming sharp money hammering one team, however that is not the case in this game.

Want to know our favorite football bets this weekend? Try our Pro membership for $49 and access all of our College Football Week 7 and NFL Week 6 Best Bets through our website or smart phone app.

 

Join us live Sundays at noon ET

We’re now holding our members-only live Sports Betting Hangouts Sunday mornings to prepare you for a full day of NFL games. Members, simply log into your account Sunday morning to access the hangout.

Not a member? Start a trial today to join our Sports Betting Hangouts held six days a week, plus all the other Sportsbook Insider Pro benefits.

Get Started Now


6 Comments
  • Thomas
    October 11, 2013 at 2:05 pm

    Is there added value in Pitt now that NYJ’s secondary is short on talent? Ben may actually have open targets this week!

  • Vik
    October 11, 2013 at 3:31 pm

    Agree and like the Steelers for all the reasons you have stated however the price swing is centered around non key levels. Anything around 3-4 & 6-7 would have been sweet. 1-2 point game finishes are seldom. Will look to go long Pitt at a more opportune level either before, during or at the half and increases p.o.p.

  • Brock
    October 15, 2013 at 1:39 am

    So does this mean I should have jumped all over Pittsburgh (+3)?? Or if I did get Pitt +3, basically public perception bought me 3 points? Is that right?

    • Dave S
      October 15, 2013 at 8:25 am

      Yes that’s correct. This line moved 5.5 points based solely on public perception, which created excellent value on Pittsburgh +3.

  • Travis
    October 16, 2013 at 6:26 am

    There’s always so much hate on them. Pretty sure they’ve been “guaranteed to lose” every week now.

Post a Comment

Send this to friend