Will cooler heads prevail at Michigan?

Autoracing Betting Lines

06/08/2010 - Brooklyn, MI (Sportsbook Betting Lines) - Series: NASCAR Sprint Cup. Date: Sunday, June 13. Race: Heluva Good! Sour Cream Dips 400. Site: Michigan International Speedway. Track: two-mile oval. Start time: 1:00 p.m. (et). Laps: 200. Miles: 400. 2009 winner: Mark Martin. Television: TNT. Radio: Motor Racing Network (MRN)/SIRIUS NASCAR Radio.

After a wild finish in last Sunday's race at Pocono, don't be surprised if the madness carries over to Michigan this weekend.

Denny Hamlin held off Tony Stewart and Kyle Busch, who is Hamlin's Joe Gibbs Racing teammate, after two late-race restarts to claim his fourth Pocono win.

Pocono concluded in dramatic fashion, with Kevin Harvick bumping Joey Logano out of the way for a top-five position with less than two laps to go. Then a nine-car pileup occurred on the last lap of the green-white checkered finish when Kasey Kahne was shoved down the track and into the grass by his Richard Petty Motorsports teammate A.J. Allmendinger. Kahne slammed hard into the wall and spun around on the track before taking out Jeff Gordon, Mark Martin, Greg Biffle and several others.

While Hamlin celebrated his series-high fourth win of the season, Logano parked his car next to Harvick's ride on pit road, as the two engaged in a shouting match.

Indeed, it was a wild day at Pocono.

Now it's on to Michigan, where Hamlin hopes his winning momentum will continue. Prior to his first win of the season in March at Martinsville, Hamlin sat 19th in points. Since then, he has climbed up to third in the standings (-136).

"I feel like we're one of four or five guys that really are legitimate, week in, week out, up-front guys," Hamlin said. "That's a good feeling right now. But it's very tough to stay on top of any sport for an entire year. Our sport is a roller coaster. It goes up and down. It has waves. Your performance always comes in waves."

Hamlin has yet to win at Michigan, but he did record his best finish there one year ago with a third-place run.

Harvick enters Michigan with just a 19-point lead over Busch.

Mark Martin is the defending race winner at Michigan. Last year, Martin won in a thrilling battle of fuel mileage. His Hendrick Motorsports teammate Johnson held the lead before running out of gas just short of crossing the line to start the final lap. Biffle then inherited the top position, but he too ran out of fuel on the backstretch. That allowed Martin to take over the lead and then claim his fourth of five victories during the 2009 season.

"We won at the first Michigan race last year because our car was so fast that I could slow down and still stay ahead of people," Martin said. "Therefore, I was able to save enough gas to make it all the way."

Martin leads all full-time, active drivers with five victories at Michigan.

Currently 11th in points, Martin has been winless so far this season.

Last August, Brian Vickers prevailed in another fuel-mileage battle at Michigan. Vickers, the pole sitter, grabbed the lead with two laps to go when Johnson ran out of fuel. He then held off Gordon, who also gambled on fuel, by 1.4 seconds for his second career Cup victory. His first win came in October 2006 at Talladega.

Vickers is expected to be out of his Red Bull Racing Toyota for the remainder of the season, due to his treatment for blood clots. Casey Mears has been driving the car since last month at Dover.

Up until last year, Roush Fenway Racing had been dominant at Michigan, winning a Cup race there for seven consecutive years. Team owner Jack Roush, who resides 60 miles away from the two-mile track in Northville, MI, recorded his 11th victory there in August 2008 when Carl Edwards held off Kyle Busch in a two-lap overtime finish. Roush moved into a tie with the Wood Brothers for most car owner wins at the track.

"All of our wins at [Michigan] have been special," Roush said. "It's in front of a home crowd, it's in front of my Roush industries affiliates and it's in front of Ford Motor Company and Chrysler and General Motors. Detroit is still the Motor City in spite of rumors otherwise, but it's good to race in front of the home crowd where all of our friends and the people that we'd like to have support are there paying attention."

Ford will use its new engine package -- FR9 -- in all of the Roush and Petty cars, as well as the sole entry for the Wood Brothers, this weekend at Michigan.

The automobile manufacturer debuted its FR9 in last year's fall race at Talladega, where Jamie McMurray won in a Roush Ford. McMurray has since moved over to Earnhardt Ganassi Racing. Ford has not won a Sprint Cup points race since McMurray's victory at Talladega.

Forty-six teams are on the preliminary entry list for the Heluva Good! Sour Cream Dips 400.

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How to bet pro football

There is little doubt that the NFL is where the sportsbooks see the most action and also make the most loot. The NFL possesses betting friendly attributes that are unlike any of the other major sports. First off, there are relatively few teams to keep track of in comparison to college football betting or college basketball. And second, these teams play only once a week which makes staying on top of the results much easier than it is in the daily leagues such as the NBA, NHL, and MLB.

These dynamics, along with the sheer excitement of watching and wagering on football, brings more square action to the table than any of the other sports. Almost every Tom, Dick and Harry in America is an NFL expert in their own mind and that is precisely what the oddsmakers prey upon.

Understanding who bets the games is just as important as understanding which teams are playing the games. The market at times will dictate price, which in the betting world means the oddsmakers cater to the public rather than reality.

Knowing the market inside and out is the basis of our NFL handicapping model. That is, our approach to NFL handicapping is of the contrarian or value seeking variety. We will at times place a higher premium on public sentiment than on the fundamentals. This strategy dictates playing dogs and/or lesser competent teams, or teams the public wants nothing to do with. Or better yet, fading the teams the oddsmakers want you to bet on.

Along these same lines, we carry a similar notion that the first week of the NFL season presents one of the ripest opportunities for the astute gambler. This conflicts with conventional wisdom and/or handicapping lore, as most would say it is better to watch a few games and assess each team before jumping in with both feet. That’s all fine and dandy, but there are some interesting trends to exploit in Week 1 and we’d be remiss to ignore them. Let us quickly explain.

Gone are the days of dynasties, where the same core players stay intact and dominate the league year after year. Free agency and player movements can completely transform teams from one season to the next. In today’s parity-driven NFL, poor teams typically don’t stay poor for all that long and excellent teams must constantly reinvent themselves to stay on top.

The temptation might be to assume prior year results are the best indicator of who is going to cover in Week 1. To Joe Public, playoff teams from the prior season, home teams, favorites, and so one, look even more enticing than usual since there is no current season performance to judge them against. But the question begs: are the oddsmakers setting a trap?

To find the answer, we culled five years worth of Week 1 NFL data. As always, all of our analysis is done from an ATS perspective. The purpose here is to share the most important angles we unearthed and try to explain the logic behind them. So strap on your helmet, throw on your shoulder pads, and follow our lead as we expose some rare holes in the oddsmakers’ line of defense.

Home vs. Away Teams

Over the past five seasons, NFL home teams in Week 1 are just 31-42-7 ATS (42 percent). This of course implies that roadies are a 58 percent winning proposition during this time. The public at large has a tendency to overvalue home teams and this is especially true in Week 1 when there is no current season data to make predictions from. Consequently, the oddsmakers almost surely shade the home teams, by and large making road teams the choice for the value player.

Conclusion: Look long and hard at road teams first when handicapping the opening week.

Price ranges

Favorites are just 31-42-7 ATS (42 percent) in the opening week over the past five NFL seasons (Coincidentally, home teams hold the same ATS record as noted above). This means that underdogs bark at a 58 percent clip. Mid-range favorites performed the worst among our specified price ranges. In particular, favorites priced between –3 1/2 and –6 1/2 are only 8-15 ATS (35 percent) during this time.

The same basic pattern holds true when looking at home favorites (road favorites gravitate towards a 50 percent mean). Home favorites indeed are just 21-32-3 ATS (40 percent) in the first week of NFL action since 1999. Again, mid-range favorites are similarly the poorest performers when we look at home teams. Consider that home teams priced between –3 1/2 and –6 1/2 have stumbled to a 6-13 ATS (32 percent) mark in Week 1 games the past five seasons.

Conclusion: Like home teams, favorites and particularly mid-range favorites are generally overvalued in Week 1.

Playoff teams

It might surprise you to learn that playoff teams from the prior year versus non-playoff teams from the prior year are a mere 16-23-3 (41 percent) ATS in NFL Week 1 games over the past five seasons. Home teams which made the playoffs versus teams which did not make the playoffs from the prior season drop to a meager 7-14-1 ATS (33 percent) during this time.

Why are playoff teams, and in particular those at home, such bad bets the past five openers? Just as the case with home teams and with favorites, oddsmakers intentionally overprice playoff teams in the opening week to compensate for the public’s propensity to over bet them.

This theory holds true just looking at straight-up records from the past season as well. That is, home teams with winning records from the prior season vs. road teams with losing records from the prior season are just 8-13 ATS in Week 1 NFL games since 1999.

Conclusion: Playoff teams from the prior year and in particular, home playoff teams, are overvalued in Week 1 NFL games.

Scoring defense and scoring offense

Do good defenses and for that matter good offenses from the prior season fare better against the number the following year in Week 1 games? Well, sort of. Generally speaking, teams with a solid offense or defense from the prior season tend to do well in the opening week so long as they are on the road. As a host, however, the best offenses and best defenses from the prior year tend to be overvalued in Week 1.

Consider that the top five scoring defenses (i.e. points allowed) from the prior season are a nice 8-4 ATS (66 percent) on the road in NFL openers the past five seasons. Meanwhile, the top five scoring defenses from the prior season are just 3-8-2 ATS (27 percent) as a host in Week 1 during the same time period.

There is no discernable advantage or disadvantage for teams with a top five scoring offense (i.e. points scored) in Week 1 games. However, when we look at scoring offenses from the bottom up (isolating the five worst offenses from the prior season), the results are rather interesting. In particular, teams ranked in the bottom five in scoring offense from the prior season are 9-4-1 ATS (69 percent) when on the road in Week 1.

The logic is simply that the public perception is a poor scoring offensive unit from the year prior will have little chance of winning on the road in Week 1. In turn, the oddsmakers compensate for this perception and these poor offensive teams from the year prior carry extra line value on the Week 1 trail.

Conclusion: Teams with top-ranked defenses from the previous season are good bets when playing on the road, but poor bets when playing at home. Also, teams ranked among the bottom five in scoring offense from the prior season are generally a good value in their Week 1 openers, provided they are playing on the road.

Scoring margin

An exceedingly straightforward way of measuring scoring offense and scoring defense together as a whole is to look at a team's “margin." Margin is simply scoring offense minus scoring defense, which is a fairly clear-cut measure of how a team does on both sides of the ball. Typically, the higher the margin, the better the team.

In this regard, it might seem counterintuitive that teams carrying the higher margin from the prior season in week one matchups are merely 31-42-7 ATS (42 percent). Furthermore, road teams with the higher margin are 14-20-6 ATS (41 percent), while home teams with the higher margin are 17-22-1 ATS (44 percent). Once again, these results line up with the theory that better teams from the prior year are overvalued come opening day of the following season.

Conclusion: “Better” teams, which often boast a higher margin than their opponent, are overvalued the following season in NFL openers.

In sum

Oddsmakers cater NFL betting lines to match public perception and also to bait the public into poor bets. The temptation to use the prior year’s success as a buy sign for how a team will perform against the spread in Week 1 of the following season is an enormous trap.

The fact is, isolating road teams, road dogs, non-playoff teams vs. playoff teams, teams with a losing record or low margin vs. playoff teams or ones with a high margin from the previous year is where the line value resides. Quite simply, taking the road less traveled is your surest path to NFL betting profits.

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