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01/27/2012 - Philadelphia, PA (Sportsbook Betting Lines) - Few college coaches embody an entire university and everything that the program, school and community as a whole stands for. Like Paul "Bear" Bryant in Tuscaloosa and Knute Rockne in South Bend, Happy Valley's rich history was carved out by the larger than life persona of Joe Paterno.
The Hall of Fame coach passed away last Sunday due to complications from lung cancer and although his abrupt dismissal from his post in November due to a child-sex scandal that rocked the foundations of the once teflon-coated school, we should never lose sight of one man's quest to do things the right way.
Paterno was born December 21, 1926, in Brooklyn, New York. He went on to play football at Brown University (1946-49) and landed at Penn State in 1950 under then head coach Rip Engle, Fifteen years later, Paterno took over for the retired Engle and remained at that post up until this past November.
Paterno amassed an FBS-record 409 victories in his 46 years at the helm, was named the National Coach of the Year five times, winning two national titles (1982, 86) and was inducted into the College Football Hall of Fame in 2006.
The man with the coke-bottle glasses, rolled up pant legs and classic wind- breaker, manned the sidelines in Happy Valley for nearly half a century, coaching five undefeated teams and two national championshps.
There were certainly times over the years that it seemed like the game had passed JoePa by, but he stayed the course and continued to build a program that achieved both on and off the field. He mentored thousands of young men that have gone on to live richly fulfilling lives. He stayed loyal to his university and although he certainly made his fair share of money, he funneled a good portion of it back into the school.
"His loss leaves a void in our lives that will never be filled," his family said in a statement.
"He died as he lived. He fought hard until the end, stayed positive, thought only of others and constantly reminded everyone of how blessed his life had been. His ambitions were far reaching, but he never believed he had to leave this Happy Valley to achieve them. He was a man devoted to his family, his university, his players and his community."
A well crafted statement that tells Paterno's tale far better than the events of the last few months.
The final chapter in the man's life should not be taken out of context and erase a lifetime of achievements.
Paterno's loyalty, although one of his greatest assets, was also a huge reason for his downfall.
It was in November that former PSU defensive coordinator Jerry Sandusky was arrested for a child-sex abuse scandal that tore apart a university that was up to that point, scandal-free.
Regret is something Paterno admitted in a Washington Post interview published a few days before his death.
"In hindsight," Paterno told the Post reporter, "I wish I had done more."
In the interview, Paterno said he was "afraid" to jeopardize university procedure after he was told by assistant coach Mike McQueary what McQueary had seen in a university locker room.
McQueary left out graphic details of the event according to Paterno, who then passed the information he had on to his superiors at the school.
"So I backed away and turned it over to some other people, people I thought would have a little more expertise than I did," Paterno said. "It didn't work out that way."
Certainly in looking back at the events that unfolded, it was naive on his part to "pass the buck" and hope for the best. However, naivety does in no way make him complicit in Sandusky's alleged crimes.
Being able to separate all the good from the obvious bad of late will be for each individual to decide and obviously there will be plenty of people at opposite ends of the spectrum when Paterno's name comes up in conversation.
For me, the indelible mark Paterno leaves on Penn State University, college football and academia as a whole, far outshines the Sandusky scandal that ultimately brought his extraordinary career to an abrupt end.
<< Champion colt returns in Holy Bull Stakes
Hallandale Beach, FL (Sportsbook Betting Lines) - Two weeks after being announced as the
2011 Eclipse Award winning two-year-old colt, Hansen makes his 2012 debut in
Sunday's $400,000 Holy Bull Stakes at Gulfstream Park. The Holy Bull is part
of the
<< Illinois State changes date of 2012 opener
Normal, IL (Sportsbook Betting Lines) - The Illinois State football team's 2012 season
opener against Dayton has been changed from Thursday, Aug. 30 to Saturday,
Sept. 1 due to the construction on the new renovations to Hancock
Stadium,
Kickoff will
<< 'Melo to sit two games
Miami, FL (Sportsbook Betting Lines) - New York Knicks star Carmelo Anthony is expected
to miss the next two games in an effort to heal a variety of injuries.
Anthony will sit out Friday's contest at Miami and will also miss Saturday's
contest at
<< Raptors' Bargnani out with calf issue
Denver, CO (Sportsbook Betting Lines) - Toronto Raptors forward Andrea Bargnani will be
out for an undefined period of time after aggravating a previous calf injury.
The 26-year-old suffered a strained left calf back on January 11 and missed
six
Hughes completes Dons move >>
Aberdeen, Scotland (Sportsbook Betting Lines) - Aberdeen completed the signing of
Stephen Hughes on Friday after the midfielder departed from Scottish Premier
League rivals Motherwell.
Hughes put pen to paper on a contract that will keep h
Gnakpa heads to Inverness on loan >>
Inverness, Scotland (Sportsbook Betting Lines) - Inverness announced Friday that it has
acquired 28-year-old winger Claude Gnakpa on loan from League One side Walsall
until the end of the season.
Gnakpa, who can also play at left back, has also featu
Raiders make it official with Dennis Allen >>
Alameda, CA (Sportsbook Betting Lines) - The Oakland Raiders have made it official and
named Dennis Allen as their new head coach.
According to the club's website, Allen will be introduced at a news conference
on Monday.
Allen, who spent this p
Pees tabbed as Ravens defensive coordinator >>
Owings Mills, MD (Sportsbook Betting Lines) - The Baltimore Ravens elevated linebackers
coach Dean Pees to defensive coordinator on Friday.
Pees takes over for the departed Chuck Pagano, who was named head coach of the
Indianapolis Colts earlier this
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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Underdog bettors love the Super Bowl and, history suggests, the underdogs love them back. And the big dogs bite harder.
Even so, there is a warning in store for Super Bowl gamblers who must love dogs: The Arizona Cardinals Super Bowl betting lines might not be enough of a Cinderella to make it worth your while.
Although the Cardinals were widely panned as one of the worst division winners and least playoff-worthy teams in recent memory, their trip to Super Bowl XLIII Jan. 31 in Tampa against the Pittsburgh Steelers Super Bowl betting lines comes with a little more respect from the oddsmakers than you might imagine. They are a 7-point underdog at most sports books.
If you count yourself among those who covet the big dog in the big game, this isn’t exactly great news. You should have been hoping for more points. This is because the facts show that the bigger the dog, the better the bet in the Super Bowl.
Case in point: Over the past 13 seasons, double-figure underdogs in the Super Bowl are 4-0-1 ATS and have won the past three outright. In fact, the last double-digit chalk to do the deed for bettors was the 1995 San Francisco 49ers, who managed to beat the astounding 19-point spot afforded backers of the San Diego Chargers in the 49-26 romp in Super Bowl XXIX.
By contrast, 7-point favorites are 2-1-1 ATS in the same span, the last such contest resulting a cover grinded out by the Colts in their 29-17 win over the Bears two seasons ago in Super Bowl XLI.
In 2004, the Patriots failed to cover the number in their 32-29 triumph over the Carolina Panthers in Super Bowl props while the Rams and Titans gave everyone a refund in 2000 after the Rams posted a 23-16 win as a seven-point favorite.
So while Arizona’s run has included impressive upsets as a 10-point road underdog to the Carolina Panthers and Sunday’s 32-25 win in the NFC championship game to the 4-point favored Philadelphia Eagles, their long-shot story lacks a bit of the David vs. Goliath storyline of past Super Bowl underdogs.
While the seven-point spread represents a significant gap in the perception of strength between the two teams, it is far from monumental. For example, last season the Giants were the wild-card afterthought turned road-warrior buzzsaw, with stunning wins over the Buccaneers, Cowboys and Packers to earn their place in the Super Bowl.
There, they played spoiler to New England’s bid to become the first 19-0 team in NFL history and cemented their place in sports betting lore with a 17-14 win as a 12.5-point underdog.
In other words, the Cardinals appear to have their work cut out for them as a mid-range underdog. But in homage to the spread beaters who have come before them, here is a brief look back at recent colossal upsets in the Super Bowl:
SB XLII -- 2008 -- New York Giants 17, New England Patriots 14 (Giants +12.5) – Eli Manning’s 13-yard touchdown pass to Plaxico Burress in the final minute clinched the historic upset for the Giants, who used a masterful defensive plan to slow down Tom Brady and the previously undefeated New England Patriots.
XXXVI -- 2002 -- Patriots 20, Rams 17 (Patriots +14) – This was the coming out party for the aforementioned Brady, who went from obscure sixth-round draft pick to Super Bowl hero in one fell swoop. He led the game-winning drive in the final minute – eschewing analyst John Madden’s advice to take a knee and play for overtime – leading to Adam Vinatieri’s memorable 48-yard field goal that split the uprights as time expired.
XXXII 1998 Broncos 31, Packers 24 (Denver +12) – The first of John Elway’s two consecutive Super Bowl titles to put an end to his Hall of Fame career was an upset for the ages. The Broncos used the determination of Elway and a 157-yard, three-touchdown performance from Terrell Davis to turn back Brett Favre and the heavily favored Packers.
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