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05/11/2010 - Philadelphia, PA (Sportsbook Betting Lines) - Most casual horse racing fans hold the Kentucky Derby in high regard. They also get revved up for the Belmont Stakes if a horse is in line for a possible Triple Crown. On the other hand, the Preakness Stakes usually gets lost in the shuffle.
Passionate fans of the sport, especially chalk players, love the Preakness as it usually is the most formful of the three races. In fact, the favorite has won seven of the last nine runnings, including Rachel Alexandra's historic victory over the boys last May.
Nevertheless, the race isn't run just for the betting choice's benefit. Longshots have fared very well this decade when it comes to rounding out the exacta.
Two years ago, 39-1 Macho Again finished second behind Big Brown, and in 2005, Scrappy T, the co-seventh choice, filled out a $152.60 exacta in back of the favored Afleet Alex.
When Funny Cide rolled to a 9 3/4-length score in 2003, Midway Road, the next- to-last longshot, held off third choice Scrimshaw by three-quarters of a length to complete a $120.60 exacta, and one year earlier, the locally-trained three-year-old Magic Weisner rallied for second behind War Emblem. The 45-1 shot combined with the winning favorite for a $327.00 payout.
If you like a longshot in this year's field, don't be fearful of betting him underneath the top two favorites.
Speaking of the Run for the Roses, after three straight years (2002-2004) of Derby winners capturing the second leg of the Triple Crown, only one has crossed the wire first at Pimlico since and that was the heavy 1-5 favorite, Big Brown.
Everyone remembers the tragedy that befell Barbaro in the 2006 running, and the following year, Street Sense failed to hold off the late charge by Curlin.
Not many folks expected Mine That Bird or Giacomo, the two 50-1 Derby winners, to come right back two weeks later and be draped with the Black-Eyed Susans, especially at 6-1 odds, but they both hit the board with the former running a game second to Rachel Alexandra and the latter finishing third behind Afleet Alex and Scrappy T.
Horses coming out of the Derby have won the Preakness 23 of the last 26 years, so on the surface, the odds look pretty sweet that Saturday's winner will be one of the five colts that raced at Churchill Downs on May 1. However, non- Derby horses have taken two of the last four as Bernardini and Rachel Alexandra crashed the party in 2006 and 2009, respectively.
My advice is to bet the horse with the best chance of winning, regardless of where he made his last start.
PREAKNESS TOSS-OUTS
Jackson Bend has finished first or second in nine of 10 career starts. However, his lone poor effort came on the biggest stage in the Kentucky Derby. The Nick Zito-trained colt had a decent trip in the Run for the Roses, but faltered late finishing 19-lengths behind Super Saver.
The son of Hear No Evil was bred to be a miler and it showed two weeks ago when he ran his final quarter-mile in 30 seconds flat. Harness horses come home faster than that!
Look for Jackson Bend to sit much closer to the pace on Saturday, but it's extremely doubtful he'll keep up with the other front runners through the stretch.
Due to his nose loss to Ice Box in the Florida Derby, Pleasant Prince lacked the graded earnings necessary to enter the Kentucky Derby. Nonetheless, his owner, Kenneth Ramsey, tried every which way possible to get the colt into the Churchill Downs starting gate, racing him twice in the month of April. Unfortunately, the plan backfired since Pleasant Prince lost by over nine lengths in both starts.
Most owners and trainers that skip the Derby and aim towards the Preakness do so to have a fresh horse on the third Saturday in May. However, Pleasant Prince does not fall into that category as this will be his third start in the last five weeks.
D. Wayne Lukas has won the Preakness five times, but the last came over a decade ago. He'll have a pair of colts in the 2010 running, one year after his Flying Private ran fourth at 25-1.
Northern Giant comes into the race off a last place finish in the Arkansas Derby. His two best races came in his two prior starts - the Risen Star (third) and Lane's End (second), but the winners of those two races - Discreetly Mine and Dean's Kitten - finished 13th and 14th in the Kentucky Derby.
Northern Giant has no business being in the starting gate.
Dublin, his other Preakness starter, ran very well underneath the Twin Spires finishing seventh, beaten 7 1/2-lengths. Breaking from post 17, the son of Afleet Alex was well back early on before making a powerful run around the far turn closing to within two lengths of the lead.
However, he ran like a very tired horse through the stretch, bearing in and out before faltering late. In addition, his bold middle move was obviously helped by the fast pace set by both Conveyance and Sidney's Candy.
Dublin will put forth another decent effort but the 1 3/16-mile distance will prove too much for him to handle.
First Dude is another horse that will have trouble getting the 9.5-furlongs. In his two graded stakes attempts at 1 1/8-miles, he dropped back a combined 7 1/2 lengths in the final two furlongs.
The son of Stephen Got Even did have to steady at the top of the stretch in the Florida Derby, but he still finished more than six lengths behind Ice Box and Pleasant Prince. In the Blue Grass, he ran close to the pace early on, only to finish third, beaten over five lengths by Stately Victor.
The only chance First Dude has of finishing in the money is if he changes his running style from stalker to closer, but based on his last workout it's doubtful there'll be any transformation. The bay colt fired off a 1:00 3/5 bullet work at Churchill Downs, hitting the three-furlong marker in a brisk 35 1/5.
Like his former boss D. Wayne Lukas, Kentucky Derby-winning trainer Todd Pletcher will have two colts on the track this Saturday.
Dogwood Stable's Aikenite joins Super Saver in Pletcher's quest to win his first ever Preakness Stakes, a race he's 0-4, including a last place finish in 2009 with Take the Points.
Aikenite, who has not won since breaking his maiden last August, has two in- the-money finishes this year along with a pair of clunkers. The colt does his best running from off-the-pace as witnessed by his exceptional efforts in last year's Hopeful Stakes and Breeders' Futurity, along with a second-place finish in the recently run Derby Trial. However, like many colts in the field, the final furlong will be his undoing.
Stay tuned later in the week for more analysis and predictions.
<< U.S. will face Colombia in Davis Cup playoff
London, England (Sportsbook Betting Lines) - The United States will face Colombia in a
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MySportsbook.com refunds all bets on Oakland, Green Bay and Tampa Bay from NFL week one.
(September 14) – Week one of NFL action saw three teams go scoreless for the first time since 1977. Another four were unable to get a touchdown and almost half of the underdogs covered the spread. Those three teams saved bettors at MySportsbook.com from losing out completely, thanks to the company’s unique NFL Shutout Rule -- which ensures that if the team you backed goes scoreless, your wager is refunded.
Sportsbook refunded tens of thousands of dollars to customers who bet on Oakland, Green Bay and Tampa Bay, the three teams that stunk up the field so badly that their fans and backers never had a chance to get up from their couches and cheer. In the spirit of the low scoring start to the season, odds makers at the world’s largest online sportsbook and casino have set odds on how many total shutouts there will be this season.
MySportsbook.com has posted updated sports betting lines for week two of the season. Ben Roethlisberger’s health status is still questionable, so Willie Parker will try to lead Pittsburgh again as they travel to Jacksonville as a one point favorite. After beating up on his little brother last week, Peyton Manning will look to lead the Colts to victory against Houston. Indianapolis is a whopping 13.5 favorite in the match-up.
Seattle, last year’s highest scoring team, showed the power of their defense with their gritty 9-6 win in Motown over the ravenous Lions. They take their act back home to the comforts of Qwest Field where they will face the resurgent Arizona Cardinals. The Seahawks are favored by a touchdown.
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There is little doubt that the NFL is where the sportsbooks see the most action and also make the most loot. The NFL possesses betting friendly attributes that are unlike any of the other major sports. First off, there are relatively few teams to keep track of in comparison to college football betting or college basketball. And second, these teams play only once a week which makes staying on top of the results much easier than it is in the daily leagues such as the NBA, NHL, and MLB.
These dynamics, along with the sheer excitement of watching and wagering on football, brings more square action to the table than any of the other sports. Almost every Tom, Dick and Harry in America is an NFL expert in their own mind and that is precisely what the oddsmakers prey upon.
Understanding who bets the games is just as important as understanding which teams are playing the games. The market at times will dictate price, which in the betting world means the oddsmakers cater to the public rather than reality.
Knowing the market inside and out is the basis of our NFL handicapping model. That is, our approach to NFL handicapping is of the contrarian or value seeking variety. We will at times place a higher premium on public sentiment than on the fundamentals. This strategy dictates playing dogs and/or lesser competent teams, or teams the public wants nothing to do with. Or better yet, fading the teams the oddsmakers want you to bet on.
Along these same lines, we carry a similar notion that the first week of the NFL season presents one of the ripest opportunities for the astute gambler. This conflicts with conventional wisdom and/or handicapping lore, as most would say it is better to watch a few games and assess each team before jumping in with both feet. That’s all fine and dandy, but there are some interesting trends to exploit in Week 1 and we’d be remiss to ignore them. Let us quickly explain.
Gone are the days of dynasties, where the same core players stay intact and dominate the league year after year. Free agency and player movements can completely transform teams from one season to the next. In today’s parity-driven NFL, poor teams typically don’t stay poor for all that long and excellent teams must constantly reinvent themselves to stay on top.
The temptation might be to assume prior year results are the best indicator of who is going to cover in Week 1. To Joe Public, playoff teams from the prior season, home teams, favorites, and so one, look even more enticing than usual since there is no current season performance to judge them against. But the question begs: are the oddsmakers setting a trap?
To find the answer, we culled five years worth of Week 1 NFL data. As always, all of our analysis is done from an ATS perspective. The purpose here is to share the most important angles we unearthed and try to explain the logic behind them. So strap on your helmet, throw on your shoulder pads, and follow our lead as we expose some rare holes in the oddsmakers’ line of defense.
Home vs. Away Teams
Over the past five seasons, NFL home teams in Week 1 are just 31-42-7 ATS (42 percent). This of course implies that roadies are a 58 percent winning proposition during this time. The public at large has a tendency to overvalue home teams and this is especially true in Week 1 when there is no current season data to make predictions from. Consequently, the oddsmakers almost surely shade the home teams, by and large making road teams the choice for the value player.
Conclusion: Look long and hard at road teams first when handicapping the opening week.
Price ranges
Favorites are just 31-42-7 ATS (42 percent) in the opening week over the past five NFL seasons (Coincidentally, home teams hold the same ATS record as noted above). This means that underdogs bark at a 58 percent clip. Mid-range favorites performed the worst among our specified price ranges. In particular, favorites priced between –3 1/2 and –6 1/2 are only 8-15 ATS (35 percent) during this time.
The same basic pattern holds true when looking at home favorites (road favorites gravitate towards a 50 percent mean). Home favorites indeed are just 21-32-3 ATS (40 percent) in the first week of NFL action since 1999. Again, mid-range favorites are similarly the poorest performers when we look at home teams. Consider that home teams priced between –3 1/2 and –6 1/2 have stumbled to a 6-13 ATS (32 percent) mark in Week 1 games the past five seasons.
Conclusion: Like home teams, favorites and particularly mid-range favorites are generally overvalued in Week 1.
Playoff teams
It might surprise you to learn that playoff teams from the prior year versus non-playoff teams from the prior year are a mere 16-23-3 (41 percent) ATS in NFL Week 1 games over the past five seasons. Home teams which made the playoffs versus teams which did not make the playoffs from the prior season drop to a meager 7-14-1 ATS (33 percent) during this time.
Why are playoff teams, and in particular those at home, such bad bets the past five openers? Just as the case with home teams and with favorites, oddsmakers intentionally overprice playoff teams in the opening week to compensate for the public’s propensity to over bet them.
This theory holds true just looking at straight-up records from the past season as well. That is, home teams with winning records from the prior season vs. road teams with losing records from the prior season are just 8-13 ATS in Week 1 NFL games since 1999.
Conclusion: Playoff teams from the prior year and in particular, home playoff teams, are overvalued in Week 1 NFL games.
Scoring defense and scoring offense
Do good defenses and for that matter good offenses from the prior season fare better against the number the following year in Week 1 games? Well, sort of. Generally speaking, teams with a solid offense or defense from the prior season tend to do well in the opening week so long as they are on the road. As a host, however, the best offenses and best defenses from the prior year tend to be overvalued in Week 1.
Consider that the top five scoring defenses (i.e. points allowed) from the prior season are a nice 8-4 ATS (66 percent) on the road in NFL openers the past five seasons. Meanwhile, the top five scoring defenses from the prior season are just 3-8-2 ATS (27 percent) as a host in Week 1 during the same time period.
There is no discernable advantage or disadvantage for teams with a top five scoring offense (i.e. points scored) in Week 1 games. However, when we look at scoring offenses from the bottom up (isolating the five worst offenses from the prior season), the results are rather interesting. In particular, teams ranked in the bottom five in scoring offense from the prior season are 9-4-1 ATS (69 percent) when on the road in Week 1.
The logic is simply that the public perception is a poor scoring offensive unit from the year prior will have little chance of winning on the road in Week 1. In turn, the oddsmakers compensate for this perception and these poor offensive teams from the year prior carry extra line value on the Week 1 trail.
Conclusion: Teams with top-ranked defenses from the previous season are good bets when playing on the road, but poor bets when playing at home. Also, teams ranked among the bottom five in scoring offense from the prior season are generally a good value in their Week 1 openers, provided they are playing on the road.
Scoring margin
An exceedingly straightforward way of measuring scoring offense and scoring defense together as a whole is to look at a team's “margin." Margin is simply scoring offense minus scoring defense, which is a fairly clear-cut measure of how a team does on both sides of the ball. Typically, the higher the margin, the better the team.
In this regard, it might seem counterintuitive that teams carrying the higher margin from the prior season in week one matchups are merely 31-42-7 ATS (42 percent). Furthermore, road teams with the higher margin are 14-20-6 ATS (41 percent), while home teams with the higher margin are 17-22-1 ATS (44 percent). Once again, these results line up with the theory that better teams from the prior year are overvalued come opening day of the following season.
Conclusion: “Better” teams, which often boast a higher margin than their opponent, are overvalued the following season in NFL openers.
In sum
Oddsmakers cater NFL betting lines to match public perception and also to bait the public into poor bets. The temptation to use the prior year’s success as a buy sign for how a team will perform against the spread in Week 1 of the following season is an enormous trap.
The fact is, isolating road teams, road dogs, non-playoff teams vs. playoff teams, teams with a losing record or low margin vs. playoff teams or ones with a high margin from the previous year is where the line value resides. Quite simply, taking the road less traveled is your surest path to NFL betting profits.
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