Tuesday, September 22, 2009

An Introduction To NFL Preseason Handicapping

By Ross Everett

There's not much 'middle ground' when it comes to the desirability of betting NFL preseason games. The overly conservative handicappers suggest that its a poor wagering opportunity, while the 'boiler room' sports touts try to suggest that short of a fixed game there's no more sure thing than preseason football. There's a degree of truth in both views. Handicapping preseason NFL football is a unique discipline unto itself, but with knowledge and caution it can be a profitable endeavor.

The opponent of preseason wagering would suggest that its a bad wagering opportunity by its very nature alone--simply stated, the games don't count meaning that the motivation and focus of individual teams is always in question. It's hard enough to identify teams that are in a desirable 'spot' during the regular season, the often conflicting agendas of personnel evaluation, playbook testing, and injury prevention found in the preseason makes it impossible. All told, this uncertainty makes it very undesirable to get financially involved with preseason NFL games.

The proponent of preseason wagering would argue that this is the very reason that good opportunities frequently arise during preseason. First, additional value is frequently found with the underdog in preseason games by their very nature. To explain, in a hypothetical matchup between a Superbowl champion and an also-ran the "better" team by regular season standards would invariably be favored. However, by virtue of their success the "better" teams have not only more 'marquee names' to protect, but also valued guys in the trenches who could cause big problems if injured. Frequently, they'll have more depth and thus fewer personnel evaluation decisions to deal with. They'll have no need to "create a winning attitude", nor will they usually have wholesale changes in team composition, offensive or defensive strategy, or coaching philosophies to deal with. In short, the "better" teams often go into preseason situations with little to accomplish other than to get the games over with and stay healthy.

Now, lets look at the other side of the equation. A "lesser" team by regular season standards might have a number of starting spots or key backup spots up for grabs. They may have new coaches to impress, or new offensive or defensive coordinators whose schemes they'll have to implement. Certainly, winning any games"whether or not they count in the standings"are of utmost importance to losing teams trying to turn things around. Finally, a bad team can gain a lot more psychologically from beating a playoff team than the playoff team can from beating a doormat. A struggling team that is destined to lose a lot during the regular season won't have a lot of bright spots, so a preseason win against one of the league's elite can mean a lot more.

Even teams that put a low priority on preseason games don't want to lose them all. For this reason, a longterm winning situation has been to bet on teams that lose their first two preseason games outright. Over the past twenty years, 0-2 teams in this spot have produced a winning percentage right around 60%.

Perhaps nothing determines a team's approach to the preseason more than the philosophy of the head coach. Some coaches simply hate to lose anytime they line 'em up to play football, and as a result their teams are usually good preseason bets. Bill Parcells was famous for the preseason focus of his teams. Not surprisingly, many who worked with Parcells earlier in their careers are now carving out their own records of preseason success. This sort of dominance isn't lost on the linesmaker and a coach like the Giants' Tom Coughlin (a former Parcells assistant) will have his ATS success will definitely been factored into the pointspread. Still, a motivated team that wants to win is always worthy of consideration.

One of the best tools that a handicapper has at his disposal during the preseason is the Internet. Actually, it's a great tool year round but during the preseason it is invaluable. The best source of information on coaching philosophies, game plans, injuries, lineup changes, etc, are the local sports pages of NFL teams. Basically, the situation during preseason is that there is a lot of interest in the team and a lot of anxious beat writers looking to write stories. The problem is that there is little in the way of real news, and for that reason you'll find the sort of minutiae on teams and players from which you can often extract relevant handicapping information. Even if there aren't any nuggets of handicapping gold, you can at least get a feel for the coach's goals for the game and the amount of playing time that key players will see. Sometimes coaches will come right out and say who will play at what juncture of the game, and will occasionally go on record that personnel decisions like evaluating all of the guys they're considering for the backup defensive secondary jobs are more important than winning. Clearly, operating with this knowledge is a distinct advantage and operating without it can be fatal. There's nothing more frustrating than betting on a team only to have them look like they could care less whether or not they win the game. During the preseason, however, it can frequently be prevented with some simple research and analysis.

The bottom line is that while the NFL preseason does offer some solid moneymaking opportunities, its not a 'free cash grab'. It's best viewed as an opportunity to grind out a small profit, but as always its essential to maintain the same degree of discipline in handicapping and money management as at any other time during the pro football season.

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