Tuesday, December 29, 2009

NFL Preseason Handicapping Basics

By Ross Everett

Betting preseason NFL games never fails to elicit an irreconcilable difference of opinion among sports betting enthusiasts. Some consider it a very poor wagering opportunity, while others maintain that there's no better moneymaking opportunity in sports than pro football's preseason. The truth is probably somewhere between the two extremes--NFL preseason betting must be approached with caution and discipline, but offers the potential to make a tidy profit before the regular season kicks off.

First, let's examine the case against preseason NFL wagering. Clearly the biggest argument against it is the simple fact that the games don't count. Though spots will exist during regular season games when the motivation and preparation of individual teams may vary, in theory both teams want to win. That's not always the case in preseason football, since different coaches have different goals. Some might want to just evaluate their personnel, others might want to establish a winning attitude, and all coaches want to keep their stars from getting injured. Factor in all of the variables and conflicting agendas, the preseason naysayer would argue, and there are just too many unknowns to consider taking a financial position on.

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.

On the other hand, consider the 'lesser' team in a preseason matchup. They often have a number of key starting positions they need to fill, along with backup positions up for grabs. They may have new coaching staffs that players want to impress, new offensive or defensive schemes to implement. Most significantly, 'lesser' teams often view the preseason as an opportunity to build team chemistry or create a winning attitude. A team trying to rebuild can benefit from winning *any* games, regardless of whether or not they count in the standings. For a league doormat, a win over an elite level opponent can serve as a rare highlight of a losing season.

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.

The smart preseason handicapper makes use of the Internet, and more specifically uses it to follow the local sports media of NFL teams. During NFL preseasons, teams' beat writers are anxious to write stories and need to fill articles but have little in the way of "real" news to write about. As a result, a handicapper can frequently find valuable details like a coach's goals for the game, playing time for key players, and specific strategies that will be implemented. Occasionally, coaches will come out and say that they're more interested in evaluating certain players for certain positions than they are in the outcome of the game. A thorough evaluation of this type of media coverage can often produce not only teams to play "on", but teams with priorities other than winning to play "against".

In conclusion, there are certainly strong opportunities for profit in NFL preseason wagering but its essential to understand that it cannot be approached in the same manner as the regular season. And, as always, its important to remember that there will be more strong opportunities down the road and that discipline and rigor in handicapping is just as crucial in the preseason NFL as it is at any other time of the year.

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