Straight-up
upsets happen every week of the NFL regular season. The parity among the 32
teams adds quite a bit of betting value to many of the teams getting points on
the spread. The best betting value each week can be found on the NFL money line
where you can earn a higher return on your wager for betting the underdog.
Winning plays
on any money line bet are tied to the straight-up head-to-head result. While there
is a greater financial risk for betting favorites, there is a higher reward for
betting underdogs. If you are looking to maximize the value in betting
underdogs on the NFL money line, here are three basic tips to improving your
winning percentage.
--Make
Realistic Wagers
As mentioned, upsets
happen every Sunday in the NFL. However, you still need to be realistic when it
comes to betting on them. A good starting point for betting underdogs on the money
line is games where the spread is no higher than three to four points.
If you find a
one or two-point spread for a game, that signals an automatic lean towards
betting the underdog at plus money.
For example, if
the Arizona Cardinals are 3.5-point road underdogs against the Los Angeles Rams
in a tight NFC West matchup, you might be able to get Arizona at +170 on the
corresponding money line.
Instead of
paying the standard 10% commission or juice to get the 3.5 points, you can earn
a 70% return on your money if you bet the game straight up. However, you must
have the confidence that the underdog you bet can win the game outright.
Once the spread
gets wider than four points, the chances of cashing in on a SU upset start to
diminish with each extra point. You might be able to get Jacksonville at +700 on
the money line as a heavy 14-point underdog. Yet, the chances of cashing that bet
become rather slim.
--Look for
Value in Home Underdogs
The best value
in the NFL money line odds lies in home teams set as underdogs. Going through
the betting trends for the most recent NFL regular season, the underdog has won
34.7% of the time at home. This translates to 3.4 SU upsets for every 10 NFL
games where the road team is favored.
There can be a
huge edge to playing at home for certain teams. This is where recent trends can
have the biggest impact on the actual outcome of a game.
The first thing
to look at is a team’s home record verse its record on the road. You will want
to compare that to the opposing team’s home and away mark. Chances are each
week that you will find at least one home underdog facing a team that has had
some issues winning on the road.
--Shop Your
Money Line Odds
Even if you
place all of your NFL weekly wagers at the same online sportsbook, you should
still shop the money lines across multiple books. This will give you a good
feel for where the early betting money is going.
When betting
underdogs, sometimes it makes sense to pull the trigger on a money line bet
early in the week. If you have a good feeling about a SU upset, chances are the
rest of the betting public may be leaning that way as well. This will drive the
odds down as the week wears on.
Keep in mind
that there is still a heavy bias towards betting favorites, especially when it
is a high profile team. One of my biggest wins this season came in Week 17 with
the Cardinals on the road against the Dallas Cowboys as 6.5-point underdogs.
Arizona
desperately needed the win, but the public was all over the Cowboys as a very
popular betting team. I settled-in early in the week at +185 odds on the NFL
money line and cashed a winner in the Cardinals’ 25-22 upset.
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