2/4/2011 11:01 AM EST
By Daniel Fabrizio
The NFL Marketwatch column is written by Daniel Fabrizio, founder and president of SportsInsights.com, with the goal of providing sports betting enthusiasts 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 the NFL Marketwatch. The column is normally published every Saturday morning. Readers can sign-up to receive an advance copy of the NFL Marketwatch, which is distributed via email on Friday mornings. Sign-up to Receive the Early Edition of the NFL Sports Marketwatch
Every week, Daniel Fabrizio speaks directly with the line managers at some of the sports betting industry’s largest online sportsbooks — about which games the public is chasing and the “sharps” are pounding. He also utilizes the award-winning betting tools and betting systems found on SportsInsights.com to uncover hidden value in the coming weekend’s games. If the NFL Marketwatch has helped you to improve your handicapping skills and bottom line, then try SportsInsights.com’s Premium Pro membership. You’ll earn more money by having full access to the sports betting industry’s most advanced betting information, including real time odds and betting trends data from six (6) online sportsbooks.
SportsInsights takes an academic and contrarian view of the sports marketplace, as detailed in this article recently published in the Wall Street Journal, entitled, “A Contrarian’s Guide to Football Betting.“ SportsInsights is a leader in the sports information industry and has published a popular and best-selling Sports Investing series of books as well as recent articles on: comparing the Sports Marketplace to the Financial Markets and Contrarian Sports Investing: Why It Works.
Recapping the 2010 Regular Season
Overall 2010-11 NFL Playoffs (2-1)
Overall 2010 Regular Season (14-12-1 = 53.8%)
SportsInsights’ NFL Marketwatch ended with a positive record of 53.8% for the 2010-11 NFL regular season. This brings the six-year record of the NFL Marketwatch to a solid 56.5% record, as shown below. Our record has been profitable every season except for last season, when Marketwatch was 52.1%, just below the magical number of 52.4% needed to beat the -110 vig.
NFL Marketwatch Historical Performance
I would 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 has been an education for myself, the team at SportsInsights — and hopefully our readers. I would also like to thank the loyal readers of the NFL Marketwatch. Your encouragement and support made this weekly column a joy to produce. I hope that the NFL Marketwatch has shown readers the importance of contrarian value in the sports marketplace.
Recap of Betting Against the Public and 2010-11 NFL Regular Season
After a dismal start to the year, the Public moved towards respectability with a few winning weeks near the end of the season. The Public finished with a record of 63-64 = 49.6% in lopsided-bet games for the 2010 NFL season. This, combined with the “vig” that the sportsbooks collect — made it a still-profitable, “but not great” season for the sportsbooks on NFL sides.
SportsInsights’ contrarian method of Betting Against the Public methods in the NFL, including Square Plays, Best Bets, and MarketWatch had a solid season, with Square Plays and NFL MarketWatch producing a combined winning percentage of just under 55%. NFL Squares ended the regular season at 57%. Check out the SportsInsights.com Blog for timely betting trends reports, plus original analysis on featured games and strategies.
NFL Marketwatch – Super Bowl
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 Super Bowl commercials: everyone has some interest in the Super Bowl.
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 will 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 takes a unique approach to sports betting. We don’t handicap games – we handicap the sports betting marketplace. SportsInsights.com collects betting trends from major online sportsbooks and tracks real-time odds to pinpoint profitable betting opportunities. By closely monitoring line movement and SportsInsights’ unique Public betting trends statistics, we uncover the most profitable plays.
Pittsburgh Steelers vs. Green Bay Packers
The biggest game of the year has arrived, and interestingly, the betting is split at about 50%/50%. The team at SportsInsights huddled on this game — and also spoke to some of our offshore sportsbook risk manager contacts. Overall, the consensus is that there is contrarian value on the Pittsburgh Steelers. The Steelers finished the regular season with a 12-4 record, better than Green Bay’s 10-6 record — but surprisingly to some, find themselves as 2.5 to 3 point underdogs to the Packers.
After a slow 3-3 start to the season, the Packers ended the season strongly, ending at 10-6. The Packers continued their strong play in the playoffs, by steamrolling past a strong Atlanta Falcon team on the road. Their strong recent performance has led to public sentiment favoring the Packers. We’ll “sell the Packers” at this recent high.
In addition, a look at the line movement shows that there could be some line value on the Steelers. The line opened close to “pick’em” — but early betting moved the point spread to Green Bay being favored by the 2.5 to 3 points — where it has hovered for the past two weeks. This 3-point line move is a huge line move, especially with the top-rated defenses in the NFL this year. We’ll take the Steelers and the points — and this huge line value.
Remember to shop around for the best line. Sportsbook currently has the the Steelers at +3 -120. It’s normally worth paying some “vig” for the huge key number of 3.
Pittsburgh Steelers +3 (Bet at Sportsbook +3 -120)
It should be an exciting Super Bowl Weekend. Enjoy the Super Bowl and keep your browser pointed to SportsInsights.com for the latest real-time odds, betting trends, and winningbetting systems picks.
Visit SportsInsights for other editions of Sports Marketwatch in other major sports. Enjoy the game!