Super Bowl underdogs cash in again
Football Betting Lines
02/08/2012 - Philadelphia, PA (Sportsbook Betting Lines) - Betting the underdog in the Super Bowl is never a sure thing as evidenced by Green Bay's win and cover as the favorite in the 2011 contest. However, with the Giants victory as 2.5-point underdogs last Sunday, the team getting points has now covered eight of the last 11 Super Bowls. That translates to a 73% winning percentage. For my money, it doesn't get better than that.
Whoops, it does get better than that, as the under in the Super Bowl has come through six of the last eight years. That equates to a 75% winning percentage. For some strange reason, the total in this year's game was between 53 and 54 (depending on when and where the bet was placed). The 21-17 final score produced a final total of 38, far below the posted number.
Did the oddsmakers totally blow this one? Probably, since the final tallies of the previous meetings between these two teams were 44, 31, 73 and 23. In addition, the Giants ended the regular season with three consecutive unders while sporting just one over in their other three postseason games. Furthermore, the Patriots were coming off a 43-point final against Baltimore.
Another point that had to be in the minds of those folks betting the under was that five of the previous seven Super Bowls ended with a final score below the posted number. Not only that, the under came through victorious in the three other times the total was over 50 since 2000.
The underdog and under are two of the key trends that must be followed on a year-in, year-out basis. Another wager that should be used is taking the field goal or safety as the first score of the game instead of the touchdown.
When the Giants cashed in on the two-point play almost midway through the first quarter, it was the ninth time in the last 14 Super Bowls that a field goal or safety was the first score of the game. The 64% winning percentage does not match the under and underdog numbers, but it is also nothing to sneeze at.
Incidentally, the field goal or safety is usually a far better play than the touchdown since bettors taking the latter as the first score have to lay around $160 or $180 to win $100. Those gamblers smart enough to take the field goal or safety were rewarded with a healthy $150 for every $100 wagered.
Another winning percentage-based wager has to do with which player wins the MVP award. Quarterbacks have won it 64% of the time since 1999 with Eli Manning bringing home his second award. That percentage sounds great at first, but one has to remember that there are two quarterbacks in every game. The key is to pick the right one.
To that end, it is best to choose the signal-caller from the team not expected to win the game. The reasons are two-fold. First, his odds will be much higher than the quarterback from the team that's favored, and second, the team getting the points has been crowned Super Bowl champion 60% of the time over the last five years.
Eli Manning's 9-4 MVP odds were incredibly high, particularly since he had defeated the Patriots in the last two meetings. When making prop bets, it is best to find wagers that not only have a high probability of occurring, but also have odds that benefit the bettor.
That ploy worked perfectly a couple of years back when the Saints met the Colts. Indianapolis was favored by five points so Peyton Manning was the No.1 betting choice for MVP. Unfortunately for the chalk players, Drew Brees took home the award with a spectacular performance completing 32-of-39 with a pair of touchdowns.
LOOKING AHEAD TO NEXT YEAR
The early future lines for 2013 are out and if the oddsmakers are correct, Green Bay (6-1) and New England (7-1) will meet in Super Bowl XLVII. The odds of both of them reaching the big game are slim considering only four of the last 10 expected favorites accomplished that feat. The third choice is New Orleans (17-2) partially since next year's Super Bowl will be held in the Superdome.
My pick to take home the Lombardi Trophy is the Houston Texans, who are currently 12-1 and the fourth choice in the wagering.
Houston got a taste of what playoff football is like this past season beating Cincinnati at home and then almost taking down the Ravens in Baltimore. If it wasn't for three interceptions thrown by T.J. Yates, Houston would more than likely have reached the AFC Championship Game.
The Texans finished the regular season second in the NFL in total defense and fourth in scoring defense. They were 11th in scoring offense but that was mainly due to the injury to Matt Schaub. The quarterback missed the final six regular season games and the backups led the team to a 3-3 record while averaging just 18 points per game. With Schaub in the lineup, the Texans were 7-3, picking up 27 points per game.
A healthy Schaub, along with studs at running back and wide receiver, will easily give Houston first place in the AFC South, with quite possibly a bye in the first round of the playoffs and home field in the divisional round.
The Texans could be the most balanced team in the conference and this year's playoff experience will give them the confidence they need in order to get past the likes of New England, Pittsburgh and Baltimore in order to reach the Super Bowl.
Once in New Orleans, the odds are they'll be the underdogs against the NFC winner, especially if it is either Green Bay or New Orleans. And based on the last 11 Super Bowls, we have seen that it is more favorable to be the team getting the points as opposed to the one giving them.
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How did changes to college football betting rules affect bettors?
The 2007 college football rules changes that were implemented to shorten games are now history. The NCAA rules committee did what they set out to do; games were cut by an average of 14 minutes per game last season. There were also, on average, 14 fewer plays per game. We’ll get into how that did (or didn’t) affect games in regards to the pointspread a bit later.
While the NCAA rules committee may have had the betterment of the game in mind, they'll now “turn back the clock” for next season. Two key rules have now been overturned by the NCAA committee for the 2007 season, something definitely for the better.
For those of you who may not remember what those rules actually were, let us refresh your memory.
1) The first one was actually starting the clock on a kickoff as soon as the kicker touched the ball rather than waiting until the returner touched it. The problem here was near the end of the half (or game), if the team leading was kicking off, they could milk the clock by intentionally running offsides and then re-kicking. They could run 10-15 seconds off the clock each play while taking just five-yard penalties each time. They could run the clock down and simply cause the half (or game) to end on a kickoff, keeping the opposing offense off the field. In 2007, the clock will now start when the returner touches the ball as it had before last season.
2) The second rule dealt with starting the clock after a change of online football betting possession rather than waiting until the ball was snapped. This took a lot of time off the clock throughout the game as teams changed possession, however it caused the most problems late in games (or halves). Rather than huddling up and calling a play, the offensive team would have to rush onto the field as the clock started. This was a definite disadvantage to a team that was trying to come from behind late in the game. This year the clock will start on a change of possession, after the ball is snapped.
How did those rules affect the college game last year and will it make a difference this year when it comes to the pointspread? We commonly heard two theories when it came to these changes. First, it would affect scoring negatively. Second, it would hurt favorites as they would have less time and fewer plays to cover the number.
Did the rules hurt scoring? Yes. It seemed obvious that shortening the game by what amounted to 14 plays would push scoring downward. That was the case last year. Of the 119 Division 1A teams, 69 squads scored fewer points in 2007 than they did in 2005. Just 48 teams had a higher PPG scoring average and two stayed the same. Almost 59 percent of the teams in college football last year had a lower PPG average than they did in 2005. Expect more scoring in 2007 as we revert back to the old rules.
Did the rules hinder favorites from covering the number in 2007? Not really. Last year the favorites posted an overall spread record of 336-350-16 (48.9 percent). The year before, favorites were 316-326-13 (49.2 percent). In 2004, the favorites were 316-339-2 (48.2 percent). In fact, college football favorites have been above 50 percent for the season just once in the last seven years (in 2003). Last year’s numbers fell right in line with where they have been historically.
How about big favorites? The rules must have hurt them? Maybe a little bit. Double-digit favorites last year came in at a 47.8 percent clip compare with an average of just over 50 percent over the last seven years. Since 1980, favorites of -10 or more have covered at exactly a 50 percent clip (measured over 6,716 games).
Even bigger favorites must have struggled? Not really. In fact, it was just the opposite. Favorites of three TD’s or more were 59-54-2 last year (52.2 percent). Since 2000, those same favorites (-21 or higher) hit at 51.3 percent and since 1990 came in a clip of 50.3 percent. Stepping it up a notch to four TD favorites or higher, we actually see they've covered at a much better rate last season than before. Last year, favorites of -28 or more were 31-21-1, or almost 60 percent. Historically, four-TD-or-higher favorites have come in at a 50.7 percent spot since 2000 and only 48.9 percent since 1990. The “perceived” problem with the favorites covering at a reduced rate really never came to fruition.
Bottom line is, there might be some more scoring in 2007, but no real revelations when it comes to finding any pointspread golden nuggets.
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