MLB Betting Tips: Evaluating Starting Pitchers

One of the biggest factors in setting a Major League Baseball money line involves the starting pitching matchup in the game. An elite starting pitcher can have a drastic effect on the odds for a particular game. When evaluating the starting pitchers for an MLB contest, the bettor must take several issues into account.

Startung Hurlers Statistical Evaluation

There is a great emphasis on starting pitching in Major League Baseball. Many of the highest paid players in the game are dominant starting hurlers. There are various statistical categories used to illustrate how effective starting pitchers are over the course of a season.

Strikeouts, walks, earned run average and hits allowed are some of the main stats that are looked at closely. Many feel that earned run average is the most important stat. After all, the pitcher’s objective each inning is to prevent and/or limit the number of runs scored by the opposition.

While earned run average is a fairly reliable indicator of how effective a starting pitcher is, the hurler’s won-loss record doesn’t always translate to a pitcher’s success. The two Cy Young award winners from the 2010 season are a good illustration of this concept. In the National League, Roy Halladay of the Philadelphia Phillies won the honors with a 21-10 record and a 2.44 E.R.A. Over in the American League, Felix Hernandez of the Seattle Mariners won the Cy Young with 13-12 mark and a 2.34 E.R.A. Even though the two earned run averages are almost the same, Halladay won eight more games than Hernandez. In 2010, Halladay was aided by a good team that won its division while Hernandez didn’t receive much offensive support from a last place squad.

While these two pitchers were viewed as the top hurlers in the game for 2010, bettors didn’t really benefit too much from backing Halladay and Hernandez. For Halladay’s 33 regular season starts, the Phillies went 22-11. Obviously, this is a good rate of success for a pitcher. However, bettors that backed Halladay the entire season were able to turn just a single unit of profit. In most of the games that Halladay started in 2010, the Phillies were a huge favorite. Bettors that supported Hernandez actually lost money in 2010. In his 34 starts for the Mariners, Seattle posted a record of 17-17. Bettors lost -4.8 units backing Hernandez. So, the bettor can’t automatically assume that great starting pitching will lead to some big profits.

Despite an earned run average that was almost twice as high as the Cy Young winners, Freddy Garcia (4.64 E.R.A.) of the Chicago White Sox was the third-most profitable starting pitcher from a betting perspective in 2010. Bettors that supported Garcia banked +11.4 units of profit.

Factoring Offense and Defense

While starting pitchers obviously carry a lot of weight in a game, there are still some other elements that will also affect the outcome of a game. Obviously, the pitcher needs some help from his offense in a game. A good defense can make a pitcher’s job a little less difficult. Most of the time, a starting pitcher won’t be able to throw a complete game. So, the starter will need to get some help from his bullpen on most nights.

The Pitching Matchup and Venue

The opposing starting pitcher can obviously impact the outcome against an elite hurler, like Halladay. The bettor needs to have an open mind when evaluating a pitching matchup. Many starting pitchers will have great disparities between home and road ballparks. While it might be assumed that pitchers will throw better at home, this isn’t necessarily the case. If a pitcher’s home stadium is viewed as a hitter’s ballpark, the hurler may not be too comfortable pitching at home.

There are also pitching-hitting matchups to consider. A right-handed starting pitcher may have trouble against lineups that are stacked with left-handed hitters. Once a pitcher has been in the league for awhile, the bettor should be aware of how a hurler has fared against each team. Certain trends are likely to emerge for a pitcher against at least a few teams.

At the end of the day, the bettor must not get too wrapped up in the starting pitchers without regard to the other players involved in the game. Because the pitchers are listed in the wagering line, this can be hard to do. The bettor must remember that the wager is on which team is going to win the game. A win by a relief pitcher is just as good as one from a starting hurler.      

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An Introduction to Parlay Betting

In sports betting, parlay wagers are quite tempting to the bettor. After all, there is little risk for a high reward. In reality, parlays are a little bit like playing the lottery. Both of these types of bets are difficult to win based on the reality of the outcomes that are needed for success. Once a bettor understands the difficulty of winning a parlay wager, he will be able to focus on some more attainable sports bets.

What is a Parlay Bet?

A parlay bet involves selecting two or more games successfully on a sports betting ticket without getting any of the picks wrong. Each individual leg of a parlay is just like a regular point spread or over/under wager. While individual point spread and total wagers are the most common among sports bettors, parlay bets aren’t too far behind.

With a point spread or over/under wager, the bettor must lay the juice or vigorish on the play. Depending on the sport and/or situation, the vigorish can be anywhere from 5 to 12 percent. Once the juice is factored in, bettors must win at least 53 percent of the time on straight wagers just to turn a modest profit. Over a high volume of point spread and over/under wagers, it is rare for any sports bettor to win more than 55-57 percent of the time. These numbers indicate how difficult it is to pick a single sports betting winner.

A Look at Parlay Odds

At first glance, parlays seem to bring some value to the bettor. There is no direct juice on the wagers. For most straight wagers, the bettor must put up $110 to win $100. In contrast, a bettor has to wager $100 to win $260 in a two-team parlay. While there is no actual vigorish on a parlay bet, the odds of actually winning such a wager are higher than the payout. The general payout on a two-team parlay is 2.6/1. In reality, the odds of winning a two-team parlay are 4/1. So, the bettor isn’t getting the true value on his wager.

On a three-team parlay, the payout is 6/1 while the true odds of success are 8/1. On four-team parlays and above, the difference between the payout and true odds start to become significant. While a four-teamer pays 10/1, the true odds of winning such a wager are 16/1. In a way, the difference between the payout and true odds acts as a kind of vigorish for the bookmaker.

Types of Parlay Bets

There are a variety of parlay bets that are quite common. The most popular parlay wager involves a point spread and total bet from the same game. For these kind of wagers, the most common parlay bet involves the favorite to the over. Casual bettors are more inclined to wager on favorites. Many fans assume that the better or favored team should win. Along these lines, casual bettors will favor the over in a total. Fans tend to equate scoring with a good and exciting game. For a Sunday or Monday night NFL game, bookmakers will take a huge volume of favorite to the over parlays.

The Difference Between Fans and Professional Sports Bettors

Fans that are just getting introduced to sports wagering tend to have some trouble understanding the subtle aspects of betting. Professional sports bettors aren’t really fans of a particular team. Savvy bettors study and handicap to turn a profit over the long haul. Most serious sports bettors do enjoy watching the games. However, they do not get wrapped up in a specific team the way a fan does. The professional sports bettor has a sound understanding of the odds. Because of this, savvy sports bettors will focus on straight wagers as opposed to parlays.

Many fans will lack the patience to grind away a profit on straight wagers. The casual bettor will look for the quick strike on a parlay bet. In reality, sports betting is a marathon as opposed to a sprint. There is one kind of parlay bet that can be worth a look. In Las Vegas sportsbooks, football parlay cards are extremely popular during the season. While a sportsbook will have a hold of about 35 percent on all parlay card bets, some pro bettors have won some big on these kind of bets.

For a football weekend, the odds are printed on the cards early in the week. By the weekend, there can be some big line moves on the wagering board but the odds are locked in on the cards. At times, bettors have been able to take advantage of these line moves to gain an edge on parlay cards. In the end, the bettor should be very careful before getting too deeply invested in parlay wagers.

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Sports Betting Tip: Underdogs in the NFL

In the media coverage of the NFL, there is a great deal of emphasis on the best teams in the league. There is usually a debate about which of the top teams in the league have the best chance at reaching the Super Bowl. While it is only natural for the media focus to be centered around the elite squads in the NFL, the bettor must have an open mind when it comes to the 32 teams in the league. In some ways, the media hype surrounding the glamour teams in the NFL may actually help a savvy bettor.

NFL Betting Popularity

Because of the tremendous popularity of the NFL, the sport is bet on more frequently than others. In addition to the professional bettors, there are a lot of NFL fans that will wager on the games. Generally, most fans or casual bettors will wager on the favorite to cover a point spread. Because of these bets, many NFL lines will be shaded towards the favored team.

There are instances where it can be difficult for the oddsmaker to draw any action on an underdog. While it isn’t too hard to draw equal interest in a matchup between two squads that are both competitive, a mismatch on paper will draw some predictable bets. However, the fan’s logic of riding a favorite can be misguided in many ways. Favorites win more often than not in the NFL. In a typical NFL season, favorites will win straight up anywhere from 60-65 percent of the time. However, favorites aren’t any more likely to cover a point spread than an underdog over the course of a season.

Covered or Favorites : A Look at NFL Betting Strategies

In many recent seasons, underdogs have actually covered at a slightly higher rate than favorites. The general fan may rely too much on the past to anticipate future outcomes. As a new season is set to begin, many casual sports bettors will assume that success or failure from a prior year will be repeated. Obviously, there are some franchises that are fairly consistent. In the last decade, the New England Patriots and Indianapolis Colts were Super Bowl contenders more often than not. Still, many other teams were more inconsistent.

Since 2001, nine different NFC franchises have represented the conference in the Super Bowl. This parity indicates how difficult it can be to maintain a high level of play in the NFL. Bettors that anticipated an NFC team to repeat or return to the Super Bowl again within two or three years were disappointed. Not only have nine different NFC teams been in the Super Bowl over the last nine campaigns, it is noteworthy to consider the group of squads from the conference that haven’t been able to compete for an NFL title.

The Dallas Cowboys, Washington Redskins, Minnesota Vikings, Green Bay Packers and San Francisco 49ers are among the teams that haven’t been to the Super Bowl during this period. All five of these franchises have been to at least four Super Bowls and are popular betting teams among the public.

Taking Advantage of Season Transitions

The transition from one season to the next is actually something that the bettor can take advantage of in many instances. The parity in the NFL tends to level the field a little bit from year to year. This can make it difficult for certain favorites to cover. While the preseason projections may look good on paper, the reality becomes quite different once a new year actually begins. In many ways, the up is down and down is up concept isn’t too uncommon in the NFL. In betting aspects, this idea favors the underdog. A savvy bettor is able to block out the media hype that surrounds the top teams in the league to focus on what the point spread numbers should actually be.

In addition to flawed perceptions from a prior season, many casual fans get too wrapped up in what occurred in a team’s last game. This is understandable in some regards. It is hard to lose sight of a what a team has done in its last game. However, an NFL squad’s performance is likely to vary over a 16-game season. This provides another instance where a favorite could be overrated while an underdog could be overlooked. In the end, bettors shouldn’t dismiss an underdog.

Because the NFL is so competitive, the difference between favorites and underdogs in many matchups is just a perception that isn’t necessarily the reality. In today’s NFL, underdogs have plenty of bite.       

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Sports Betting Tip: Evaluating an NBA Schedule

One of the keys to NBA handicapping involves the 82-game regular season schedule for each of the 30 teams in the league. Because of the structure of the NBA’s schedule, there are many situations that will be favorable to a certain team on almost any given night. A savvy NBA bettor will be aware of how the schedule could impact a club heading into a particular game.

Introductory to NBA Scheduling

The NBA regular season begins in late October before concluding in the middle of April. Each team’s schedule consists of 41 home games and 41 away contests. An NBA team will play 30 of its games against interconference foes. Against the 15 squads from an opposing conference, a team will play one home game and one away matchup against the interconference clubs. The majority of a team’s schedule will be within its own conference.

In each conference, there are three divisions consisting of five teams. An NBA squad will play each of its division rivals four times (2 home, 2 away) over the course of a season to account for 16 of its contests. Against the other two divisions within its conference, a team will play 18 games (9 home, 9 away) vs. each division. This is how the 82 games are set.

Comparing Conferences

The 15 teams from a specific conference will play a schedule of foes that are pretty similar. In terms of opponents, the main difference comes when comparing one conference to the other. Because 52 of the 82 games are within the same conference for a team, there can be a big disparity in the quality of opponents a certain team might face. If one conference is clearly superior to another conference, the teams within the tougher conference are going to face a higher level of foes over the course of the season.

Because the 82 games are played in a period of less than six months, a team will play an average of one game about every two days. In an earlier era, teams didn’t have the benefit of chartered airplanes to get from one destination to the next. While the road is a little more comfortable for today’s NBA players, the trips from one city to the next can take a toll on a team. In many ways, the constant air travel in the NBA is even more challenging than the circumstances that are faced in Major League Baseball. While the MLB schedule is twice as long as the NBA slate, baseball teams are able to stay in the same spot for three or four days to play a series. Also, each homestand or road swing is usually at least a week long.

Back to Back Games

In the NBA, it isn’t too uncommon for a team to play a home game one night before hitting the road for an away matchup the next evening. The back-to-back games are a challenge for NBA teams. It is rare for any back-to-back to involve consecutive home games.

There are two typical back-to-back scenarios in the league. First, there are the back-to-back games that involve one home matchup and an away contest. While the road game in this scenario usually involves a trip that isn’t too long, it is still a difficult aspect for a team to deal with. Second, there are the consecutive games that occur on a road trip. On some occasions, these will involve teams from one coast playing a series of games on another coast. In these situations, clubs must adjust to a three-hour time difference.

The difficulty of a back-to-back can be enhanced by an opponent’s scheduling situation. In many cases, the team in a back-to-back will be facing a club that didn’t play in the prior evening. There was a time when NBA teams could play on three consecutive days. Now, NBA squads do not play on three straight days. However, clubs will sometimes have to play four games in five nights. This usually happens on a road trip.

Extended Road Trips

For the 15 away games against an interconference foe, teams will have two or three significant road swings that consistent of 3-5 games. For the coastal teams in the league, these road trips can be especially daunting. On the other hand, clubs that are located in the middle of the country don’t have as much of an adjustment. In the end, the NBA bettor should factor the schedule into his handicapping strategy. Over the course of a long season, there are going to be plenty of good opportunities to take advantage of a team that is going to be in a tough spot due to its schedule.

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Introduction to NFL Over/Under Wagering

While point spread wagers are the most popular option among NFL bettors, over/under numbers are also widely played every Sunday and Monday during the season. There are many factors to be aware of when handicapping an NFL total.

On average, a typical NFL game will have a total score of about 40 points. When a bettor analyzes the weekly NFL slate, most over/unders will be right around the number of 40. If a couple of dynamic offenses are matching up, the total can get up anywhere from the high 40′s to the low 50′s. In turn, a defensive battle could lead to over/unders in the low 30′s.

Average Total Score

An oddsmaker will look at a couple of basic concepts to determine what a total should be. The main factor involves the average total score for each team. As an example, team A scores 23 points per game while giving up 20 points per outing. This gives team A an average total score of 43.  With this information, the bookmaker will go through the same numbers for team B. For this example, team B averages 24 points on offense while giving up 21 on defense for a total of 45. The two averages combined would yield a number of 44. From here, the oddsmaker can fine tune the number by looking at additional variables outline below.

Over/Under Impact: Injuries and Weather

Injuries can have a significant impact on the over/under. Specifically, the absence of an elite quarterback can turn a great offense into a mediocre one. The oddsmaker also must stay aware of any extreme weather that may develop for a particular game. Once December rolls around, a variety of elements can make it difficult for offenses to produce at average levels. Severe wind, rain, snow and cold temperatures can lower an over/under by a few points.

Key / Typical Numbers

Another factor for the bookmaker involves key or typical numbers. For totals, some of the main key numbers are 34, 37, 38, 41, 44 and 47. It is fairly common for an NFL game to finish with a total score that is one of these numbers. For example, a total of 37 can be accomplished with a score of 20-17 or 27-10. In both instances, there are four touchdowns (7) and three field goals (3) to account for the scoring. If the total were moved up a couple of points to 39, it would be more difficult for the game to land on this particular number. A combination of three touchdowns and six field goals would produce a 39 but this scenario is less common than the one that yields a 37. The bookmaker will usually shade the total for an NFL game to the over.

Casual Bettor Involvement

Because there is such a huge interest in the NFL among fans, there is a great deal of wagering on the sport by the casual bettor. While professional bettors won’t usually have a bias towards either the over or under, the general sports fan is more inclined to favor a bet towards the over. These fans want to watch exciting games. High scoring contests are generally viewed as the most interesting games for fans. So, the general public that bets on the NFL will go to the over more often than not.

Most parlay bets involve the favorite to the over. For Sunday and Monday night games, bookmakers will take a high volume of parlays that feature this combination. Because these are isolated games that are on national television, public bettors will wager on these matchups most of the time.

Handicapping Totals

When handicapping totals, the bettor must be aware of some important statistics. The offensive and defensive rankings for each squad should be noted. While yardage totals should be considered, the more important rankings involve the scoring figures for each team. Some squads are able to move the ball into scoring territory but are unable to consistently turn these drives into touchdowns.

The bettor should be aware of how well each team performs in the red zone on both sides of the ball. Turnovers are a vital statistic in any game but are hard to predict from week to week. For example, a projected defensive battle may yield some limited yardage totals by the offenses in the game. However, the defenses may end up creating enough turnovers to lead to some easy scores to produce an over. Despite these kind of outcomes, many professional bettors actually prefer to wager on NFL totals as opposed to point spreads. With an understanding of the basics, the casual bettor can cash in on NFL over/unders.

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