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08/14/2007 - Philadelphia, PA (Sportsbook Betting Lines) - It's a light week for racing unless you are trying to make the "Chase for the Nextel Cup." Then it's a huge weekend, one of just four remaining, before we determine who will race for the 2007 championship and who will watch from the sidelines.
NASCAR
Nextel Cup
3M Performance 400 - Michigan International Speedway - Brooklyn, MI
Just four races remain until the cutoff for the "Chase for the Nextel Cup." Following an eventful Sunday in upstate New York, the picture is becoming clearer as to who is a contender and who is just a pretender.
One thing is for sure, Kurt Busch is a contender. The No.2 Miller Lite Penske Racing Dodge driver has been on fire since the Pepsi 400 in early July. In his last five starts, Busch has one win (Pocono), three top-10s and finished no lower than 11th.
At the time he began to "heat up" he was 15th in the standings and staring at a second consecutive season without a chance at the title. Then something happened, the team jelled and now they find themselves solidly in the top-12. Busch has a 96-point lead on teammate Ryan Newman and 100 points ahead of stumbling Dale Earnhardt Jr.
In fact, at Pocono they were easily the best car on the track. Busch led 175 of 200 laps en route to a 4.131-second win and one of the most dominant performances of the season.
"It's all about momentum 'the big mo' -- and Busch and our entire Miller Lite Dodge team certainly have it going for us," said crew chief Pat Tryson on the team's website. "If you're fortunate enough to have 'the big mo' on your side, it's best to ride it for all it's worth and that's exactly what we're hoping to do."
The something that "happened" for the No.2 Dodge team was Tryson himself. Tryson took over the reins about two weeks before the sudden upswing in the team's performance. It took a little time to make changes, but now everyone can see the results.
Tryson teamed with Mark Martin at Roush Fenway Racing for the first three years of "The Chase" and they qualified in all three years. Last year he was switched over to Greg Biffle's team, but that didn't quite work out as planned.
"Competing for championships is our goal and Pat's proven that he has the ability to get top level teams and drivers into the Chase," said Tim Cindric, President of Penske Performance.
Newman, Busch's teammate at Penske, has been just outside the "Chase" all season and unfortunately appears on a course to stay there. Just two top-10s in the last five races and a accident that left him 42nd at Indianapolis has left him with only a slim chance at making NASCAR's "playoffs." Mark down Newman as a pretender.
For the millions of Dale Earnhardt Jr. fans this will be hard to read, but "Junior" is a pretender as well. He is 100 points out of the playoffs and has finished 34th or worse in three of the last five events. Not exactly the way to make a move up the charts. At Watkins Glen, Earnhardt Jr. finished 42nd after an engine failure, his team's second in the last three events. And with "Junior" already having one foot out the door, don't expect anything spectacular from this team over the next month.
Greg Biffle is 15th in the standings, but 212 points out of the "Chase." It's a tall order for Biffle to jump over three drivers and that many points. The team has been solid of late, but not extraordinary, which is what will be needed over the next month if the No.16 Roush Fenway Ford team is to make the leap into the "Chase."
The good news for Biffle is that he has had a lot of success at Michigan International Speedway. In nine starts, he has two wins and six top-10s and led 170 laps. His average finish at MIS of 12.778 is better than either Newman, Earnhardt Jr. or Kurt Busch.
For both the contenders and pretenders it's time to put up or shut up.
Busch
Carfax 250 - Michigan International Speedway - Brooklyn, MI
Kevin Harvick is back to his 2006 Busch Series championship form these days, winning the last two Busch events (Montreal, Watkins Glen) and four of his last five starts.
In just 17 starts this year, Harvick has collected a series-high five wins and 15 top-10s. He is third in points despite missing seven races (29% of the season), in itself an amazing statistic.
While Harvick's win in Montreal was a matter of being in the right place at the right time to take advantage of other driver mistakes, at Watkins Glen he was dominant from start to finish leading a total of 49 of 82 laps.
Harvick has always been pretty good when it comes to turning right as well as left. In 14 Nextel Cup and Busch road course starts, he has won twice and earned nine top-10s in 14 races. It would have been 10 of 14 if Juan Pablo Montoya hadn't got into the back of him on Sunday, but that's a whole different can o' worms.
"We have been able to run in the top-10 and top-five at Watkins Glen and Sonoma," said Harvick on his team's website. "I am fine that my name doesn't get brought up when it comes to road-course experts. It kind of gives me a chance to fly under the radar a little."
This week Harvick and 19 other "Buschwhackers" will race in the "Saturday warmup."
Among them is Mark Martin, the all-time Busch Series leader at MIS with two wins, seven top-fives, eight top-10s, 304 laps led and an average finish of 4.2. He is the only driver two sweep a Michigan weekend, accomplishing the feat in August 1993.
Since it has been six paragraphs and there has yet been no reference to points leader Carl Edwards, who leads the series by 766 points, despite finishes of 30th and 32nd in the last two events. It shows just how great a start the No.60 Roush Fenway Racing driver had, posting nine consecutive top-six results, to start the season.
Edwards could take a month's vacation and still return in first place. Of course, a vacation for Edwards would be something like going dirt track racing back home, so he might as well continue to race each week and let as many fans as possible enjoy his "work."
<< Rizzuto dead at 89
New York, NY (Sportsbook Betting Lines) - Yankees Hall of Famer and legendary
broadcaster Phil Rizzuto died on Tuesday morning. He was 89.
The former Yankee shortstop and 1950 MVP made an equally big name on the
airwaves, calling s
<< White Sox back on the road after ugly homestand
(Sportsbook Betting Lines) - The Chicago White Sox wrapped up their recent six-game
homestand leaving plenty to be desired, much like how their entire 2007
season can be described to this point.
The team began the month with a glimmer of hope, carryin
<< Cardinals in must win situation
(Sportsbook Betting Lines) - The St. Louis Cardinals have done everything they can to
stay within striking distance in the race for the National League Central.
However, the Cardinals' poor start has made it difficult for the team to make
any real headwa
<< Jacobs Field no longer a safe haven for the Tribe
(Sportsbook Betting Lines) - Once upon a time, the Cleveland Indians could turn to
Jacobs Field to ease their troubles.
The Indians spent much of the season with the top home record in the majors,
but lately they've been getting hammered pretty good i
Mexico, U.S. friendly canceled >>
Chicago, IL (Sportsbook Betting Lines) - The United States Men's National Team will play
Brazil on Sept. 9 instead of Mexico.
The United States was scheduled to play at Mexico but the game was canceled
because of financial problems. Instead of vis
Brazil to play friendly against the U.S. >>
Chicago, IL (Sportsbook Betting Lines) - The United States Men's National Team will play
Brazil on Sept. 9 instead of Mexico.
The United States was scheduled to play at Mexico but the game was canceled
because of financial problems. Instead of vis
U.S. replaces Mexico with Brazil >>
Chicago, IL (Sportsbook Betting Lines) - The United States Men's National Team will play
Brazil on Sept. 9 instead of Mexico.
The United States was scheduled to play at Mexico but the game was canceled
because of financial problems. Instead of vis
Still some big names left on free agent market >>
Philadelphia, PA (Sportsbook Betting Lines) - The NHL free agent season started with
such a flurry of activity that it's easy to forget that there is still some
quality talent left on the market.
It's been 1 1/2 months since the league's free agency p
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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Academy Award Betting Odds for Best Picture Offer Great Value
If there is any category that is not an obvious win for any one nominee in this year's Academy Awards, it would be for Best Picture. Sure the Departed is a 5/7 favorite, but that's hardly anything when we look at Helen Mirren and her "out-of-reach" 1 to 40 odds (which means you would win a whopping $1 for every $40 bet).
For value, take a look at MySportsbook.com Oscars betting odds on my personal favorite, The Queen - a remarkable 12 to 1 long shot. The film hasn't won any pre-awards for Best Picture (compared to The Departed and Little Miss Sunshine), but there is a tremendous following and it is a strong enough film to warrant a surprise win.
TV Guide advises Oscar watchers should be cautioned not to discount the drama "Babel" with its strong social themes about overcoming communication gaps among people of different cultures.
"While 'Babel' lost several guild awards to 'Sunshine' and 'Departed,' it still enjoys loyal support, and historically Oscar voters favor dramas with social messages over comedies like 'Sunshine' and violent crime movies like 'Departed'."
"It hasn't done well in the guilds, which means there isn't much industry support," said Tom O'Neil of awards site TheEnvelope.com, "But several critics are expecting it to win, and that gets my attention." Babel had 7 to 2 odds at press time.
Who is to say independently produced Little Miss Sunshine won't be this year's Crash. Last year, Crash won for Best Motion Picture, shocking those who bet on gay cowboy flick, Brokeback Mountain, as the favorite to win.
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